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Jennifer from Detroit, Michigan, writes:

 Well, here we go, a trade war with one of our closest allies is apparently ready to begin. 

President Trump’s announcement of 50% tariffs on Canadian goods landed with a thud, and when Prime Minister Carney pushed back, Trump quickly backed off. (TACO). Does anyone in this administration understand how dependent we are on Canadian imports?

Anything made with wood, including paper products, will rise in price. And you can already imagine the MAGA crowd clearing out store shelves of toilet paper. Alcohol prices will climb as well, especially since Canada has sharply reduced its consumption of American alcoholic beverages in favor of domestic brands. Nearly all dairy products will increase, given Canada’s role as a major supplier to the U.S.

Meanwhile, Bessent is promoting a “D‑Day Economic Sanction Package” on Iran, claiming it will devastate Iran’s economy into submission.

 So, here’s the real question: With all the supposed economic expertise in this administration, how do they keep producing policies that are so consistently counterproductive? 

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