minus-squaremanxu@piefed.socialtoNews@lemmy.world•Canada and China Strike Back—Here’s How They’re Retaliating Against Trump’s TariffslinkfedilinkEnglisharrow-up10·7 hours agoSort of. A unilateral tariff generates a trade imbalance in favor of the economy imposing the tariff. By applying commensurate tariffs in the other direction, you keep the trade balance you had before the tariff was imposed. linkfedilink
Sort of. A unilateral tariff generates a trade imbalance in favor of the economy imposing the tariff. By applying commensurate tariffs in the other direction, you keep the trade balance you had before the tariff was imposed.