On February 21, U.S. trade expert Lawrence Herman stated that the Supreme Court’s rejection of Trump’s tariff policies does not end the trade tensions. The U.S. government can still use other measures, and Canada will continue to face industry tariffs on steel, aluminum, automobiles, and forest products. “Tariffs will exist in some form for the long term,” Herman added, warning that U.S.-Canada trade relations have already broken down.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Despite the Supreme Court ruling, U.S. tariffs will continue to be imposed
On February 21, U.S. trade expert Lawrence Herman stated that the Supreme Court’s rejection of Trump’s tariff policies does not end the trade tensions. The U.S. government can still use other measures, and Canada will continue to face industry tariffs on steel, aluminum, automobiles, and forest products. “Tariffs will exist in some form for the long term,” Herman added, warning that U.S.-Canada trade relations have already broken down.