How a 25% U.S. Tariff on Canadian Imports Could Reshape Trade Dynamics
The Proposed 25% Tariff The recent announcement of a 25% tariff by the U.S. on Canadian imports has sent ripples through economic and trade circles. While such tariffs aim to boost domestic production and reduce reliance on foreign goods, they could have unintended consequences for both economies. Canada, as the United States' largest trading partner, supplies essential goods ranging from crude oil to aluminum and softwood lumber. here, we will explores the implications of the…