Late Wednesday the federal government announced that it was removing seafood from Canada’s list of retaliatory tariffs. The finance ministry justified the move stating, “Based on feedback, we have made select adjustments to protect against broader economic harms, including removing seafood and fish products from our list of counter tariffs.”
The invocation of economic harm here is a tell, because it should be obvious to everyone, our politicians included, that tariffs on foreign products are a tax paid for by domestic consumers.
