Econ prof says tariffs “self inflicted financial harm”
How should Canada respond to U.S. tariffs? Is retaliation the most effective thing to do? University of Lethbridge Associate Professor of Economics, Danny LeRoy doesn’t think so as it will drive prices up in both countries.
LeRoy says tariffs are “self inflicted financial harm” because “trade is so important for creating prosperity.” He says instead one solution would be to make interprovincial trade easier, among other things.