Tariffs are becoming a part of high-cost protectionist industrial policies purportedly aimed at curbing greenhouse gas emissions. Mimicking the U.S., Canada is imposing a 100-per cent tariff on imported Chinese electric vehicles and a 25-per cent tariff on Chinese aluminum and steel. Trade-busting tariffs are not the real problem, however. The real problem is the growing debacle in climate-focused industrial subsidies. Read More
