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Canada will match US tariffs 'dollar for dollar' as trade talks break down

bbc.com

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Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down

#102
post #98

Earlier quoted context omitted.

To add into what you said. EU’s Carbon Border Adjustment Mechanism (CBAM) already affects the United States, though its impact varies depending on the sector. CBAM is big permanent change, and that will be rolled in smoothly below all this. EU has carbon tax internally and they are rolling out CBAM to prevent "carbon exports" (manufacturing stuff outside EU and then importing those product without tax). CBAM is curre…

And then the Europeans suddenly discover that they cannot manufacture enough artillery shells and tanks to out-number the Russians.

You are not very informed on the EU's artillery shell production capabilities.

If anything, the major gap is the EU's lack of cheap drone manufacturing, but even that is starting to make progress with help and integration from Ukraine.

Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down

#103

"However, last-minute changes in the U.S. proposed terms were unfair, uneconomic, and called into question the reliability of any deal." It seems like if the other side agrees to a deal too easily then Trump doesn't think the deal is good enough. He only likes deals where the other side is getting screwed and has to be coerced into signing.

> It seems like if the other side agrees to a deal too easily then Trump doesn't think the deal is good enough.

That's a great observation. So basically everybody should be saying no to him all the time to limit the damage because as long as there's one yes the stupidity will only grow.

I'm so glad there wasn't a single yes, when Greenland popped up.

Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down

#104
This was totally the right move, if for no other reason than it's the only thing that this US admin will respect in the long run.

Being in Canada though this does look v. short sighted of the US. All this is going to achieve is pushing Canada much closer to other countries, particularly China, which at least superficially these negotiations were meant to prevent.

Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down

#106
post #97

I think a retaliation for a tariff should be an export tax. Let's say Canada puts a 50% export tax on maple syrup unless the car tariff is withheld

What's wrong with Vermont maple syrup?

I don't know, maybe there's not enough of it?

> Canada supplies the overwhelming majority of U.S. maple-syrup imports.

Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down

#107
post #61

Good for Canada, quite a shame the EU folded so easily

No, not good for Canada. Free trade is optimal, even if its unilateral. Canada should abolish their tariffs and let the clowns in the US do whatever they feel like.

In a vacuum or thought experiment.

China put tariffs specifically on the sectors that voted for Trump and depended on sales to China.

When the other party is not playing the same game, or not playing in fairness, then the best game theoretical move is to cease cooperation and retaliate.

Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down

#108
post #43
post #41

Earlier quoted context omitted.

He'll be nullifying any agreement within two or three tantrums anyway, eventually we will learn and retaliate.

And maybe the US will learn again, that a great deal is something that people can rely on?

The 65 percent approval rating from GOP voters right now says no, they are happy with immigration, culture war nonsense and trade chaos. Red states and rural areas would need to be targeted specifically and even then all interviews indicate those voters won’t consider choosing the other side, most of that GOP opposition will at best just not vote.

Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down

#110

Earlier quoted context omitted.

What's wrong with Vermont maple syrup?

I don't know, maybe there's not enough of it? > Canada supplies the overwhelming majority of U.S. maple-syrup imports.

Oh, also add a note on the bottle that this higher price is thanks to your beloved Trump.

Canadians are way too nice to do this, but it would be sensational.

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