Topic

Trump revises Canadian import duties

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President Donald Trump lifted tariffs on some Canadian agricultural and forest goods while imposing new duties on other Canadian products, amid Republican Sen. Susan Collins’ reelection campaign in Maine.

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Any piece that says "the U.S. had become an outlier in its commitment to completely free trade" is fundamentally flawed. The U.S. has never been anywhere close to "completely free trade."
"If the U.S. is going to have tariffs, it needs a clear legal framework for how to implement them — otherwise the country is left with a chaotic mess," Matthew Lynn writes.
Opinion | The U.S. badly needs new tariff laws
Right now, the legal structure for imposing levies isn't clear.
wapo.st
October 24, 2026 at 3:15 PM

Reposted by James S. Shortle

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"Importer-specific elasticities of demand: Evidence from U.S. exports" is available at the International Review of Economics & Finance doi.org/10.1016/j.iref.2014...
October 24, 2026 at 1:30 PM
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Some of these tariffs are illegal, but it's hard to see how individual government officials could be prosecuted.
October 24, 2026 at 3:04 PM

Reposted by Simon Lester

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"If the U.S. is going to have tariffs, it needs a clear legal framework for how to implement them — otherwise the country is left with a chaotic mess," Matthew Lynn writes.
Opinion | The U.S. badly needs new tariff laws
Right now, the legal structure for imposing levies isn't clear.
wapo.st
October 24, 2026 at 3:06 AM