❌ Trump terminates Canada trade talks following Regan tariff ad.

You see, at first when someone says, "Let's impose tariffs on foreign imports," it looks like they're doing the patriotic thing by protecting American products and jobs. High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. The result is more and more tariffs, higher and higher trade barriers, and less and less competition.So soon, because of the prices made artificially high by tariffs that subsidize inefficiency and poor management, people stop buying. T ...