Edward Meir’s week in review and thoughts for the week of Aug. 24, 2026
The breakdown in the US-Canada talks underscores one of the least talked about problems with tariffs. Imposing them is relatively easy (provided they are not overturned by the courts). But when it comes to removing them? A number of industries have grown accustomed to the protection tariffs afford. They will fight tooth and nail to keep them in place. Politicians usually buckle under this backlash, and we suspect this is what happened here.

