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Opinion: The trade declaration Carney should make

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26.08.2026

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Opinion: The trade declaration Carney should make

Our best fallback from a failed U.S. trade deal is not tit-for-tat retaliation but the unilateral free trade that made Hong Kong rich

The trade war between the United States and Canada — or, more exactly, between Donald Trump, who declared it, and Canadian politicians, who try to limit the damage though using the same logic as Trump’s — provides a good opportunity to reflect on how trade and freedom work.

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It is not a brilliant idea for the Canadian government to impose a tariff on Canadians who purchase American appliances, for example, in order to retaliate against the American ruler who has imposed a tariff on Americans importing Canadian whisky.

A tariff on........

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