Trudeau decided to go ahead with retaliatory tariffs even though Trump’s order includes a mechanism to escalate the rates if Canada retaliates against the U.S.
Back in 1890, there was no income tax. The federal government was funded through tariffs. With the upcoming rewrite of the tax code, the current administration needs new revenue, and trariffs are one of the few the president cab levy unilaterally.
Back in 1890, there was no income tax. The federal government was funded through tariffs. With the upcoming rewrite of the tax code, the current administration needs new revenue, and trariffs are one of the few the president cab levy unilaterally.