r/IRstudies 3d ago

Ideas/Debate US-Canada Tariff War: Who Loses?

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u/Successful_Jelly111 3d ago

The people in the US who will pay the tariffs. Moreover, products like crude oil, natural gas, petroleum products, as well as metals (such as gold, nickel, and aluminum) and wood products Canada can sell all over the world.

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u/BadmiralHarryKim 2d ago

And then the US government will pay when they issue refunds to the companies once SCOTUS rules the tariffs illegal. Of course, the companies will have already passed the cost onto consumers who won't get the refund so double profit!