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

bbc.com

141–150 of 1001 posts

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

#141

Trump tries to betray Canadians here. When you make negotiations and then at the last second try to worsen the terms, you are not acting in good faith. This is a consistent theme with Trump: he wants to take advantage of you. This is a de-facto mafia system. The "art of the deal" is the mafia way. You can see this with Iran too - Trump negotiates, then attacks. Then fake-negotiates, attacks again (and loses anyway).…

Trump attacked iran in the middle of negotiations. It's probably a pattern from the salesmen book he didn't even write.

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

#142

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

The EU didn't really fold, they blew him off. It was just a bunch of "yeah sure Donny, here's a bunch of meaningless promises we have no ability or mechanism to actually enforce". For example they promised to buy a bunch of gas, but the EU has no mechanism to make companies or even member states buy gas. The only real concession the EU made was just allowing Trump to tariff them at a certain rate, and not counter-tar…

> and protect / stimulate domestic alternatives.

I really would love to see this, but the sad truth is that there are no real alternatives for a very big amount of software products. In the end, the eu residents will simply have to pay more for a lot of software products, and that's it :(

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

#143

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.

> it's the only thing that this US admin will respect in the long run They don't respect anything. They stand for nothing. Their only concern is to pay lip service to Trump's crazy ideas.

They stand for Project 2025 and the Maralago Accord, and the ideology behind them. So far they followed both projects quite closely. Trump is a tool they have to manage to reach their goals

Also, of course, extracting as much money from the state as possible

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

#145

Earlier quoted context omitted.

[flagged]

> Populist demagogues from Trump to Zohran are getting elected. That is quite the comparison. It also doesn't seem correct at all. What world are you living in where Zohran is a populist demagogue?

Capitalist progressives unfortunately do view anything toward the left as (false) populism. Steven Pinker and the like. Even the main Democrat party does too, look at what they framed Bernie as. They manufacture such truths. As elites.

N.b. if you look up 'populism' on Wikipedia a huge portion of the page explains the contested term is sociologically vague and did not have the negative connotation it does in mainstream discourse. Most people are not aware of this.

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

#146

I wonder what would happen if Canada taxed electricity exports to the US, and used the money to directly subsidize other exported goods the US applies tariffs to?

The US would then just stop importing that electricity and funnel the power in from domestic sources. The electricity comes in from Canada because it’s cheap, not because the US can’t make electricity. Canada would shoot itself in the foot with this move.

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

#148
post #43

Earlier quoted context omitted.

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.

Thankfully 45% of people currently identify as independent so his approval among Republicans doesn't have the same impact you'd think it does.

https://news.gallup.com/poll/700499/new-high-identify-politi...

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

#149
post #132

I’m interested to see if this spurs other countries to push back on this administration. Once you get a couple of countries to collectively stand firm is when things take a turn. Bullies can only push for so long

Pushing back against a US that is at this point economically and militarily dominant does nothing. It might push for cooperations outside the US-sphere.

Are they still dominant? They can't even win their war against Iran. And everyone is slowly moving away from the dollar. The US as world hegemon is counting its days.

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

#150
post #129

Earlier quoted context omitted.

[flagged]

Democracy is failing because people you don't like are being democratically elected. The opposite would indeedn be failure.

Democracy is failing because people who are objectively idiots are being elected.
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