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

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

#221

Earlier quoted context omitted.

You still think any of his moves are driven by 'what's good for the US'? I think it's motivated entirely by schemes to stuff his pockets with money.

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

#222

Earlier quoted context omitted.

You still think any of his moves are driven by 'what's good for the US'? I think it's motivated entirely by schemes to stuff his pockets with money.

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> Which one is this? Can you explain? Do his family members own Vietnamese lumber farms or something?

Love the see-how-ignorant-I-am type of comments.

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

#223

Huh 30% of our lumber just got 50% more expensive. Good thing we don't have shortages of affordable housing that need new construction to solve. Brilliant stuff Donald. Truly some 4D chess moves.

I know you're being facetious, but his entire immigration policy is to deport a large part of the construction labor pool, so he was never had a chance to make housing more affordable.

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

#224
post #127

Just at the right time when China is looking to expand its exports. People said that Trump was Putin's stooge, but he might have been Xi's. I'm concerned that governments worldwide are finding tarrifs to be a popular (and exciting!) way to exorbitantly increase the size of governments and goverment coffers which are then used for populist aims. We need to re-educate people that tarrifs are bad.

You think the tarrifs proceeds are going in the government coffers?

Trump is officially billions richer since he became president for a second term.

Officially.

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

#225

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Is this some sort of weird AI slop? Like, what even is this nonsense? "~70% of Canadian exports go to the US" If you remove oil[1], Canada has a trade deficit with the US. And strangely the US has never said an iota about tariffing or restricting oil, and on the contrary keeps trying to increase it. Like Trump's big celebration was about hoping to revive a pipeline. The vast majority of Canada's economy is internal,…

Why would you remove oil? And, Canada is emphatically NOT a internal economy. First, it imports most of its cars, industrial machinery and hardware. Second, its experiencing an FDI flood due to M&A activity that has key business being acquired and then relocated or repositioned to supply the US market.

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

#226

Its nice to see some backbone, but the challenge for Canada is that it’s broadly in a weak negotiating position here. Generally speaking Canadian companies need access to the US market a lot more than US companies need access to the Canadian market.

>Canada is that it’s broadly in a weak negotiating position here. That's an understatement. Hypothetically if Canada were isolated from the world, it would regress in the quality of life in 10 years. The most capable Canadians have moved out, mostly to the US. The average Canadian has unwarranted sense of nationalistic pride about them (compared to their neighbors). Isolate US from the world, and assuming that the go…

This is a useless hypothetical. Almost every country would regress in quality of life if it were suddenly cut off from the global economy. The options aren’t a bad deal from the US or complete isolation. Canada is making deals with reliable partners abroad.

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

#227

Earlier quoted context omitted.

You still think any of his moves are driven by 'what's good for the US'? I think it's motivated entirely by schemes to stuff his pockets with money.

[flagged]

It's true, not everything he does is to stuff his pockets, a lot of it is just to fluff his ego or avenge perceived slights.

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

#228
Sounds like the right move. I can only hope that the rest of us lap dogs see the (common) sense.

The USA is increasingly the source of economic and military destabliisation in the world and it's getting real hard to justify being the best little doggy for them. I'm not suggesting any action more drastic than calling a shit deal shit, and frankly it's pathetic and embarrassing that this is such a rare occurence.

And yeah, maybe some miracle corrective action will begin with a new president but the thing is, that will necessarily include restoring our "special relationship". You're better off refusing a bad deal outright, rather than trying to reneg later.

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

#229
post #166

Earlier quoted context omitted.

As a Canadian, I am willing to suffer if it means long term benefits. Carney is very popular for a reason.

No deal is better than a bad deal.

No deal is a bad deal. Just for an indefinite term.

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

#230

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

I suspect that instead of treating the US as a bully, and pushing back, we are treating the US as a troll, and just looking away instead.

We'll go trade with other countries and stop giving the troll the attention it craves.

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