The escalation is pretty simple:
U.S. tariffs → Canadian retaliation → higher U.S. tariffs → matching Canadian counter-tariffs → U.S. import bans.
It's like two siblings with a strong case of "he hit me first" newsletter.platypuseconomics.com/p/…
newsletter.platypuseconomics.com
What’s Bigger Than a 50% Tariff?
Answer: An infinity tariff. No, it doesn’t make more sense if you’re an economist.
