Import tariffs in Canada are likely to reduce Canadian exports,both because of the resulting decrease in foreign earnings of dollars from exports to Canada and because of the likelihood of increases in other countries' import restrictions against Canadian goods.

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When Canada imposes import tariffs, other countries may retaliate by increasing their own import restrictions on Canadian goods. This can make it harder for Canadian exporters to sell their products abroad and reduce their foreign earnings. Therefore, import tariffs in Canada are likely to reduce Canadian exports.

Import Tariffs in Canada Are Likely to Reduce Canadian Exports,both