Adding some context here: there are two types of tariffs - overquota and underquota. Canada and the U.S. have a trade deal (USMCA) wherein underquota there are 0% tariffs. The overquota rates are what I cited in the video - much higher in favor of Canada.
Sorry, in hindsight that’s a helpful detail to include. I considered including it, but didn’t consider it highly important because the point of the video isn’t technicalities of tariffs, but the purpose of tariffs from an American perspective.
I don’t have an opinion on what the tariffs should be. The point of the video is that very few people are in a position to have an opinion on this topic, which requires expertise and consideration of multiple domains of expertise. Tariffs are being spun as bullying, or people are overly confident about the impact they’ll have, and the goal of this video is to hold up a mirror and illustrate the larger dynamics at play. Hope you find it valuable despite me failing to include that one nuance.
This was a fun one to film 🧈
