US Trade War Could Be Bad News for Canadian Wallets

CEI’s Ryan Young is cited by Newsweek regarding the Canadian tariff war.

“Trade wars have no winners. President Trump’s spat with Canada is no exception,” according to Ryan Young, senior economist with the Competitive Enterprise Institute (CEI). “Trump has shown that he will raise tariffs whenever he feels like it unless Congress or Courts stop him.”

“In the meantime, American and Canadian consumers and businesses will pay more for cars, energy, food, and other products,” he wrote in a note shared on Tuesday.

Read the full article at Newsweek.