"We've always said we will apply tariffs where they had the maximum impact on the United States and minimum impact in Canada," said Carney when asked why Canada hasn't fired back against the new tariff rate. "So we don't automatically adjust. We look at what we can do for our industry that's most effective. In some cases that will be to remove tariffs."
This is an entirely reasonable position. America's tariffs against Canada are hurting themselves as much as, if not more than they're hurting us. We don't have to play that same game. The point of applying tariffs is to put economic pressure on the US. If the tariffs end up hurting our economy more than it hurts theirs, that entirely defeats the point.
So yeah, let them hit us with blanket tariffs and starve themselves of copper, aluminum, steel and lumber, while we continue to buy what we need from them and slap giant tariffs on the things we don't need.