Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

bbc.com

Post reply on HN
Print view View original

451–460 of 1001 posts

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

#451

Post by disgruntledphd2 »

bambax wrote: post #423
hunglee2 wrote: post #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 ren…

Absolutely agree; but it's never too late to react. Europe could impose tariffs on US tech or forbid it altogether to bid on government contracts. Etc. What are we waiting for.

Honestly, if Trump keeps giving intelligence to Ukraine against Russia, then it was worth paying the (idiotic) tariffs.

That was the EUs top priority. The other issue was that each country had its own products they didn't want to lose sales from.

More generally, the EU isn't built for a world of presidential powers exercised at whom, which is becoming more of an issue this decade.

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

#453

Post by disgruntledphd2 »

blitzar wrote: post #434
thesmtsolver2 wrote: post #430

Earlier quoted context omitted.

The world collectively had so much trade barriers for US goods and services and still has. They just weren’t direct like tariffs.

> trade barriers for US goods and services are the trade barriers in the room with us?

To be fair, EU standards prevent the sale of lots of US products so that point, while misleading, is not entirely incorrect.

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

#454

Post by armada651 »

hunglee2 wrote: post #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 ren…

Everyone is banking on the current trade policy simply being temporary and whoever replaces Trump in the White House next will restore bilateral trade to normal. Why would you destroy your trade relation with the U.S. for decades to come when you can just ride out a bad deal for a few years?

Not saying I agree with it, because it sends the wrong signal, but I can understand the reasoning at least.

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

#456

Post by watwut »

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.

The Iran war is good for Russia. Regime "decapitation" does not harm Russia, oil going up is good for then. America being weakened and stuck there is good for then too.

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

#457

Post by morkalork »

amelius wrote: post #446
hunglee2 wrote: post #429

Earlier quoted context omitted.

the bilateral deals signed means we (the world, minus the US) is already divided. Got to scrap those deals first, which isn't going to happen. The shark has scattered the shoal and we're all going to get picked off - perpetually signing worse deals, then having to renegotiate again before signing ever worse terms.

If Trump can scrap bilateral deals, then others can too, using similar tactics if necessary.

Apparently all you have to do is impose a digital services tax and he'll rip it up for you.

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

#458

Post by carefulfungi »

luckyjajj wrote: post #260
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…

Ironically Canada’s trade deficit with the USA is largely due to our oil exports. Remove that the trade is fairly balanced.

Why is this ironic? I see this point a lot but don’t understand the underlying reasoning for why it is a meaningful rebuttal?

It’s insane that the US administration (said as an American) doesn’t continue to treasure a values-aligned, peaceful, stable, independent neighbor along a massive unprotected border.

But I don’t understand this energy carve-out argument.

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

#460

Post by bethekidyouwant »

win311fwg wrote: post #371
fidotron wrote: post #173

Earlier quoted context omitted.

There is also the factor that Canada has been propping up unsustainable dead end industries on a massive scale for years, and that this will make any pain from such a situation, deal or no deal, that much worse. Most obviously Southern Ontario is living in a dreamland where inexplicably ICE autos remain a viable industry ad infinitum. Some forced reality, by any means, will in the long run prove to be welcome.

Autos are more obvious than the dairy industry, even though Trump claimed a couple of days ago that the reason there was an imminent deal is because Canada allegedly agreed to eliminate dairy tariffs? Trade negotiations have stalled almost certainly because Canada isn't actually willing to give up dairy tariffs.

[flagged]
Post reply on HN