Tag: tariffs
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Canada may have to accept higher U.S. tariffs and unthinkable concessions
This article was published in the Globe and Mail on February 18, 2026 As the renegotiation of the U.S.-Mexico-Canada Agreement looms, game theory suggests Ottawa may have to accept higher American tariffs and make previously unthinkable concessions. The calculus has fundamentally changed. In previous negotiations, all three countries shared a commitment to the principles of free trade…
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Beware the punishing costs of isolationism
This article was published in the Globe&Mail on Oct. 13, 2024 A large majority of Canadians support imposing tariffs on some Chinese products, reducing the number of temporary foreign workers and scaling down immigration. We need to recognize that closing our borders to foreign products and workers will raise our cost of living. We cannot logically applaud policies aimed…