Most of us have heard about the high tariffs that U.S. businesses pay to Canada for the export of dairy and (some) meat products to that country. It is absolutely true that Canada can impose astronomically high tariffs, such as these: milk 250%, butter 290%, whey 208%, cheese 240%, poultry 238%, and some animal meat 265%. However, effective rates can be higher or much lower.

Most of us have heard about the high tariffs that U.S. businesses pay to Canada for the export of dairy and (some) meat products to that country. It is absolutely true that Canada can impose astronomically high tariffs, such as these: milk 250%, butt...{ai:summary}U.S. businesses face high tariffs from Canada on dairy and meat products, with rates reaching as high as 290%. However, these tariffs apply only after a certain quantity of tariff-free sales is exceeded, which U.S. dairy producers have not achieved. Additionally, Canada employs numerous non-tariff barriers that hinder U.S. exports.These non-monetary tariffs include various protectionist policies that create obstacles for U.S. products, contributing to a significant trade deficit. While both countries have protectionist measures, Canada's are more extensive. President Trump aims to address trade imbalances and drug trafficking through tariffs but needs to clarify his goals. #economy

Trump’s Tariffs: A Good Idea?

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