Live data from Hacker News

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

bbc.com

411–420 of 1001 posts

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

#411

Earlier quoted context omitted.

Why put Zohran in the same bag as trump? From what I can see NYC is running pretty well

Look up the definition of populist demagogue.

Done. Now what? NYC is still being run pretty well?

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

#412

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.

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.

Simultaneously believes that flooding the market with foreign beef to lower beef prices will benefit American cattlemen.

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

#413
The world should've collectively recognised what Liberation Day was and responded together, in lock step, and in kind.

Instead, the Europeans caved, Japanese caved (PM resigned after doing so), Republic of Korea caved (PM resigned after doing so), India of course caved and so on, shattering any prospect of collective action which might pull the rogue hegemon back into line.

Now, the US is simply able to renege or renegotiate the bilateral deals whenever he feels like it, forcing the other party to face down the US by themselves - not many can do this, maybe only China. Anyways, I wish the Canadians well and I hope they gain global support

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

#415

I've always said that the only way Trump would "Make America Great" would be to show the world how completely hollowed out by kleptocrats we've become. These moves increase other countries independence of us, lessening our power and forcing us into a more post America world. If Trump isn't a double agent then he missed his calling. It feels like every decision they are making is intentionally the "wrong" one.

The most ironic part for me is that he has probably now done more to push renewable energy than any other President.

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

#416
Negotiating with the Trump administration is completely pointless, and can even result in your own government buildings being bombed while negotiations are still going on.

The only argument bullies understand is being punched in the face.

I wish more countries wiuld have the courage of cutting off ties with the US.

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

#417

The world should've collectively recognised what Liberation Day was and responded together, in lock step, and in kind. Instead, the Europeans caved, Japanese caved (PM resigned after doing so), Republic of Korea caved (PM resigned after doing so), India of course caved and so on, shattering any prospect of collective action which might pull the rogue hegemon back into line. Now, the US is simply able to renege or ren…

They still can of course, all they need to do is collectively start selling off their US treasuries. The US is at a highly vulnerable and precarious point with their potential bond market debt spiral situation, and this is a point of leverage that can be exploited to encourage improved behavior from a bully.

This capital can then be reallocated into domestic investment to continue to decouple from the US. Very similar to how Germany learned the hard way that buying fossil gas from Russia wasn’t going to prevent aggression. Canada has started this with their recently announced energy investment plan, Europe can do this with Eurobonds.

PM Carney announces largest clean energy investment in North American history - https://news.ycombinator.com/item?id=49339577 - August 2026

China and Canada Energy Pact as Canada Aims to Cut Reliance on US - https://news.ycombinator.com/item?id=46640932 - January 2026 (a component of China’s next five year plan includes LNG infra investment to support imports from Canada)

On Eurobonds:

Macron says €300B in EU savings sent to the US every year will be invested in EU - https://news.ycombinator.com/item?id=46722594 - January 2026 (207 comments)

https://news.ycombinator.com/item?id=46708337

(Canada and Europe collective hold ~$9T in US treasury debt, almost 25% of total outstanding debt)

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

#418

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.

That orange shit stain has explicitly said he want to drive housing prices up not down

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

#419
post #387

Earlier quoted context omitted.

I think you're right that this will be more painful for Canada, economically, but I'm not so sure about "way more". But politically , it will be much more painful for the US side of the negotiation than for the Canadian side. The Carney administration is on much firmer political ground than the Trump administration. Time is on Carney's side.

>The Carney administration is on much firmer political ground I don't think so. Time really isn't on Carney's side either. Carney's new tariffs fall on those who, in aggregate, did not vote for him. The average Carney voter has been very vocal about wanting to pursue this tactic- that's why they elected him. (That average voter is an Eastern retiree whose holdings are generally in real estate, so they don't care abou…

I think you're mistaken about the effect that the Albertan premier's artificially manufactured "independence" campaign is having on the electorate.

Outside of the small fringe communities that support it, the reaction of the broader country has been to actually shift MORE into hardline stances against the US, as the effort is seen largely as an American manufactured thing.

Additionally, I'd advise to take with caution perspectives from any sources that would characterize the province of Alberta as "the west".

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

#420
post #354

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.

Amen.
Post reply on HN