When the first president of the United States,&nbsp; George Washington, announced the Tariff Act of 1789, imposing a five per cent tariff on all imports, did he botch things as badly as the 47th president did on Wednesday?

The broad-based 'Liberation Day' exemption for Canada is good news but the crisis facing our economy remains dire.{ai:summary}<p>George Washington's Tariff Act of 1789 introduced a five percent tariff on imports, marking the beginning of U.S. trade policy. Comparisons are drawn to the actions of the current president, suggesting a significant misstep in economic policy. </p><p>The historical context highlights the evolution of tariffs in American governance and the implications of such decisions on the economy. #economy</p>

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John Ivison: Canada’s small mercy from Trump today won’t lift the curse of tomorrow

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