When a bully steps to you, nothing feels better than the thought of swinging back and sitting them down. You get that same feeling when another country imposes tariffs: hit them back with everything we got, including tariffs.

But knee-jerk retaliatory tariffs against the United States will land like a punch across our own jaw.

U.S. President Donald Trump imposed 25-per-cent tariffs on most Canadian goods. Canada’s federal government responded with tariffs on $30 billion of goods and promised to escalate if tariffs persist.