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“Reciprocal tariffs could be absurdly difficult to put into practice — some estimates indicate that the government would need to manage 2.6 million individual tariff rates — terrible for consumers, and extremely costly for almost every business trading across American borders, but shouldn’t pose a material threat to the Canadian economy, given that trade barriers against U.S. imports are already extremely low” due to the USMCA, said Karl Schamotta, Chief Market Strategist