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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

#351

Post by foobarbecue »

theoreticalmal wrote: post #325
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

Not sure if you're joking, but I remember noticing the same thing last time I spent time there (2017). Lumber yards tend to have a lot of lumber. It's kind of like when you drive by a feed lot and they have an implausible number of cows (the ones over in imperial valley amazed me). Also there's always tankers by my house in Manhattan Beach. These anecdotes are not economic indicators.

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

#352

Post by [deleted] »

A_D_E_P_T wrote: post #238

I get it, but tariffs will only make things more expensive for Canadians, too. I've got a better idea. 1) Repeal all DMCA-like laws. Make it explicitly legal to break a digital lock to repair a device, run custom code, install third-party parts, or just tinker and hack with your own devices and software. 2) Ban parts-pairing. Prohibit manufacturers (looking at you Apple & John Deere,) from using cryptographic seriali…

[deleted]

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

#353

Post by mattmaroon »

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 gotta think long term. This is going to cause all those lumber companies to plant more forests and 40 years from now when they’re big enough boom, 3 new jobs servicing the autonomous tree harvesters.

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

#354

Post by xattt »

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.

As a Canadian, I hope this crisatunity translates into rock-bottom prices for lumber at home.

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

#355

Post by doodlebugging »

ricardobeat wrote: post #274
cmiles8 wrote: post #135

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.

One would think so, but is that really true? Some numbers I just got: - the US imports 60-70% of its oil from Canada - 100% of the natural gas - 85% of energy imports - 25% of Uranium - 20% of all mineral imports, ahead of China - the Great Lakes hold >80% of the USA's fresh water - patrolling the almost 9000km border is mostly up to Canada Despite the size disparities, they run close to a trade equilibrium: US expor…

>- the US imports 60-70% of its oil from Canada

In context, this only applies to oil that the US imports. That number means that of the oil that the US imports, 60-70% of it comes from Canada. The US currently produces more oil than any other nation. Your note should read "the US imports 60-70% of the oil that it imports from Canada"

- 100% of the natural gas

As mentioned above, this means that US imports of natural gas come exclusively from Canada. The US currently produces more natural gas than any other nation too. Your note should read "100% of the natural gas that the US imports comes from Canada"

It makes sense that Canada is sole source for imported natural gas since that is a product that is most efficiently transported in pipelines, like crude oil.

The way your numbers are framed seems to me to imply that the US is a net importer of oil and natural gas when in fact we began to ramp up exports of oil and natural gas (and coal) in 2006-2008 time period. Those exports helped the industry remain a dominant political force and provided a lot of seed money for the corruption that we have seen in the US since.

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

#356

Post by ameen »

sanderjd wrote: post #281
LaurensBER wrote: post #170

Earlier quoted context omitted.

> Unfortunately, Canada (where I live) will feel way more pain from this than the US. I am not sure Trump will have respect for this at all, but the alternative was to put in a permanent trade deal that significant disadvantaged Canada. It's unfortunate and in some ways unfair. I hope the Canadian economy will move towards more open trade partners and will proposer. The thing that I really struggle to understand is w…

There is no grand vision. Trump has an irrational love of tariffs. He just likes them, they feel right to him. It is entirely that we have a presidential system with an executive that is capable of too much unilateral action, and we elected someone to that office who is unfit for it.

Does the admin’s affinity for tariffs have anything to do with Lutnick? His “former” firm bought tariff credits from companies for pennies on the dollar - huge upside if you knew what was coming.

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

#357

Post by Spooky23 »

bhouston wrote: post #121
fidotron wrote: post #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.

> 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. Unfortunately, Canada (where I live) will feel way more pain from this than the US. I am not sure Trump will have respect for this at all, but the alternative was to put in a permanent trade deal that significant disadvantaged Canada.

Perhaps, but Canada will emerge stronger. The US doing to flip Congress by a margin of 2 and just lock in Trump insanity until something really bad pops.

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

#358

Post by steveBK123 »

fidotron wrote: post #266
tw04 wrote: post #232

Earlier quoted context omitted.

As I’ve said from the beginning, just ask yourself: what would Putin want? Every baffling, self destructive move Trump makes, basically always aligns to a long stated goal of Russia.

Putin wanted Trump to decapitate the Iranian regime? Let's be serious, that has nothing to do with the Canadian situation, which has more than enough going on without needing to imagine things. Edit to add: the extent to which many of you will apparently blame anything and everything on Putin is extraordinary. Just because the sun shines on Putin as well does not mean he made it do so.

We have fewer weapons to sell to Ukraine since we have expended a huge amount and are pulling a carrier out of Asia due to the debacle. I'm pretty sure Putin/Xi are happy to see us enter yet another Middle East quagmire.

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

#359

Post by trueno »

rapnie wrote: post #167
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.

He's just running a kleptocracy, and doing so reasonably well.

indeed. i'm sure he's surrounded by some lumber moguls stateside that are going to get very rich from this. very russia coded.

i don't doubt deregulation on clearcutting as well as removing land ownership and no logging in national forests & protected lands.... are around the corner with this admin. feel like they attempted that during his last term with attempting to disgrace park rangers over wildfires and saying they didn't rake the leaves on the ground or whatever.

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

#360

Post by morkalork »

627467 wrote: post #321
bad_haircut72 wrote: post #301

Earlier quoted context omitted.

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?

Because they were allies and not in economic war before?
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