Canada will match US tariffs 'dollar for dollar' as trade talks break down • Hacker News Board

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

#321

Post by 627467 » Sat, Aug 22, 2026, 1:22 PM UTC

bad_haircut72 wrote: post #301

bradley13 wrote: post #164

This is the way. If the US imposes tariffs, impose tariffs on US goods. The US administration twists facts to suit their agenda. For example, they often complain about the trade deficit the US has with other countries. However, that deficit often (depends on the country) only exists if you exclude digital goods (Microsoft, Google, Apple, etc.). If the rest of the world were to restrict the import of those digital goo…

Europe/Canada should ban chatgpt/anthropic and say "ok we will use chinese models for our vibe coding I guess" and watch the stock market implode overnight. Remenber when they tried to ban non-US citizens from using Fable? best to remove that sword of damocles now regardless

This has always been an option pre-AI (block MS, block Google, etc). They never done that before why would they do that now?

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

#322

Post by estearum » Sat, Aug 22, 2026, 1:23 PM UTC

Terretta wrote: post #272

watutalkinbout wrote: post #159

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.

> “motivated entirely … to stuff his pockets” Someone's pockets, must be gnomes: • PHASE 1: COLLECT UNDERPANTS. (tariff "foreign" goods desired by Americans, collect upon import from companies, clarify spiked prices experienced by consumers ‘entirely’ due to prior admin policies) • PHASE 2: … (let simmer) • PHASE 3: PROFIT. ("return" tariff costs to companies)

April 2: Trump "liberates" Americans from low-cost goods by placing tariffs at 46% on Vietname

May 16: Vietnam approves $1.5B Trump hotel project (https://apnews.com/article/vietnam-trump-golf-estate-investm...)

July 2: US lowers tariffs on Vietnam to 20% (https://www.govinfo.gov/content/pkg/DCPD-202500738/pdf/DCPD-...)

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

#323

Post by FartinMowler » Sat, Aug 22, 2026, 1:23 PM UTC

Canada needs to create an "Economic Reparations Fund" to help those workers and companies harmed by trump's tariffs. Its initial funding should come from selling $10B of US bonds (Canada is ~5th largest holder) and a 5% surcharge on oil exported to the US. US already extracts a 12-22% discount off world oil prices from Canada (who's taking advantage of who?) so 5% shouldn't be an issue. As needed to cover damages, more bonds could be sold and the oil surcharge could be raised.

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

#324

Post by b5n » Sat, Aug 22, 2026, 1:24 PM UTC

LeBit wrote: post #216

thrance wrote: post #149

Earlier quoted context omitted.

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.

Hasn’t won against Iran. Is out of ammo. Cannot win against Russia in the proxy war with Ukraine. Cannot match China with their long term energy plans. Has debt that explodes Has a president that sells early access to his tweets for 100k$ a year ; insider trading in the open. The USA are not in a good posture right now.

*100k per month

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

#325

Post by theoreticalmal » Sat, Aug 22, 2026, 1:24 PM UTC

robmccoll wrote: post #122

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.

Idk man I just took a trip to Forks, WA and the amount of lumber they had and were processing up there was insane

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

#326

Post by softwaredoug » Sat, Aug 22, 2026, 1:24 PM UTC

bix6 wrote: post #311

softwaredoug wrote: post #295

This is on targeted industries, not on 50% of all trade. In particular, the largest industries are Motor Vehicles, Alcohol, and Dairy per https://www.newsweek.com/full-list-of-us-trade-tariffs-hitti ...

Great dude thanks for defending the klepto king. Really important work you’re doing.

I’m not defending anything

I’m trying to encourage people to understand the facts in a forum dedicated to intellectual discussion.

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

#327

Post by bamboozled » Sat, Aug 22, 2026, 1:24 PM UTC

robmccoll wrote: post #122

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.

It was already at 45% due to previous art of the deal moves.

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

#328

Post by m0llusk » Sat, Aug 22, 2026, 1:25 PM UTC

watutalkinbout wrote: post #159

robmccoll wrote: post #122

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.

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.

It's worse than that. He is so completely off that he thinks this means US builders will chose to buy US lumber instead and that will work out positively for everyone in the US.

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

#329

Post by diego_moita » Sat, Aug 22, 2026, 1:26 PM UTC

kasey_junk wrote: post #312

diego_moita wrote: post #251

Earlier quoted context omitted.

> Reciprocal tariffs alone don’t make much sense, In the short run, yes. In the long run we can start replacing American imports with other countries' imports. I want to see more fruits and vegetables from Mexico, Africa and South America in supermarkets. Give me less "Made in America" on shelves.

You’d have to tariff fruits and vegetables like crazy to make the American varieties more expensive than oceanic shipped produce. That seems a fairly steep price for the Canadian consumer. Which highlights the problems with tariffs, they are self harming. You have to be willing to give up better alternatives for some other reason, and food is a hard one.

> You’d have to tariff fruits and vegetables like crazy to make the American varieties more expensive than oceanic shipped produce.

Bullshit. I already see in the supermarket (Canadian Superstore) oranges from South Africa, lemons from Morocco, broccoli from Mexico, mangoes from Malaysia, fish from the Philippines, coconut from Vietnam, kiwis from Italy, etc.

Yes, oceanic shipping adds to the cost. But most of those countries already have cheaper labor, and that partially offsets the extra cost.

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

#330

Post by ck2 » Sat, Aug 22, 2026, 1:26 PM UTC

now imagine the next level of his destructive crime-spree August 2027

because this is nothing compared to when he starts to feel his loss of power

btw there are reports he's going to use ICE to do actions NEXT to voting centers to get around "no armed agents in voting centers" to force the voting to shutdown

electrocution gloves and all

we're in the US authoritarian era, Supreme Court and Congress let it happen and now there's no undo button