[Opinion] Canada’s Precious Metals Tariffs Drive U.S. Imports Down 70% in the First Month, Exports Fall 9%, but Transshipments Are Untariffed – Government Officials

Canada’s precious metals tariffs drive U.S. imports down 70% in the first month, exports fall 9%, but transshipments are untariffed – Government officials

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Commentary by Ivan Mikloš: Trump's import tariffs will hurt American exports. Does that sound counterintuitive? Absolutely. But an economic theory that's almost a century old can convincingly explain why that is the case.