An honest question: what is wrong with reciprocal tariff? Wouldn't that be fair to both countries? I understand that there were many compromises when the countries signed trade deals like NAFTA, so we got some protective tariffs here and there, but I was wondering in general why reciprocal tariff is considered unfair.
I guess it could be fair, but those are unilateral. The official justifications such as considering sales tax, are bogus. The unofficial justification (or official depending on time of day..) is annexation. Surely, you see how this isn't perceived as fair from up North?
The trade isn't necessarily perfectly balanced, is it? In negotiations you have more flexibility if you can increase the size of the pie. Things like transit tolls or cruise ship stops are examples of that.
