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

bbc.com

571–580 of 1001 posts

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

#571

Earlier quoted context omitted.

I've had a trade deficit with supermarkets my whole life. Not once has any one of them bought anything from me, yet I keep buying and buying...

How does that justify Canada openly lying?

Openly lying about one's position is a typical negotiating strategy available to parties and used by both parties in the Canada-USA trade negotiations. It doesn't need to be justified. My issue is the American threats of violent annexation. That is more indicative of a shakedown.

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

#572
post #535

Earlier quoted context omitted.

*Nobody is willing to help with Iran even on symbolic level* Most people do not realize how much of a shift that is. In the past there was always a ton of EU countries helping the US out, in whatever crap the US started. And a lot of European soldiers died. Those soldiers did not help Europe but the US, because of being allies. Even when some European countries got called names for not helping in Iraq because they ca…

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europe understood the same thing all the previous presidents have - that war with iran would massively disrupt energy and thus the global economy.

europe wanted to keep the jcpoa after the US left it

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

#573

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.

USA is basically a uniparty with respect to foreign policy. It's not like Biden restored US foreign policy wrt pre Trump tariffs on China...

It's a nice thought, but I wouldn't "bank" on it.

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

#574
post #188

Earlier quoted context omitted.

The problem is they're also stifling trade with China. We still have quotas on Chinese cars so that they don't flood the market with affordable cars to preserve our (yours and ours) inferior car industry. It's basically what Canada is doing to the US with dairy, except with Chinese cars.

What is going to happen is this lack of deal will accelerate the (inevitable) decline of the Canadian car industry, which will reduce objections to the Chinese imports leading to those quotas changing in an ever accelerating feedback loop. From the US strategic perspective this is moving out of the frying pan and into the fire.

I don't understand this and would like a clarification.

There are zero Canadian automobile assemblers; they are Canadian subsidiaries of American companies, with some parts manufacturers being here.

Assuming American companies (and companies from subordinates like Japan) leave, what would be the problem in having a similar relationship with China? Is it because their manufacturing is more integrated?

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

#575
post #276

The craziest thing is, that in spite of the obvious, balatant corruption and supreme incompetence of the US govt, Trump still has around 35% approval rating. That means the hardcore MAGA base is a third of the US population. I genuinely don't know how to reconcile that with the long term future of the United States.

It's the "crazification factor", which is the idea that 27% of the American population will always vote for the stupidest option. So, that 27% is Trump's true floor. He's pretty close to it.

https://kfmonkey.blogspot.com/2005/10/lunch-discussions-145-...

https://www.youtube.com/watch?v=efxV1-2rQ2o

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

#576

Trump tries to betray Canadians here. When you make negotiations and then at the last second try to worsen the terms, you are not acting in good faith. This is a consistent theme with Trump: he wants to take advantage of you. This is a de-facto mafia system. The "art of the deal" is the mafia way. You can see this with Iran too - Trump negotiates, then attacks. Then fake-negotiates, attacks again (and loses anyway).…

He would run a child's lemonade stand into the ground.

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

#577

I have not been following the Canada thing but generally have been learning more about trade and Trump's approach seems less chaotic and random than is talked about. US's largest trading partner is Mexico. The biggest thing we import from them is automobiles & auto-parts and the second largest is computers and electronics. We all understand the benefits of trade is meant to bring in - such as goods manufactured by co…

> I have not been following the Canada thing but generally have been learning more about trade and Trump's approach seems less chaotic and random than is talked about.

Trump imposed tariffs on an island populated only by penguins.

https://www.bbc.com/news/articles/cly8xlj0485o

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

#578
post #535

Earlier quoted context omitted.

*Nobody is willing to help with Iran even on symbolic level* Most people do not realize how much of a shift that is. In the past there was always a ton of EU countries helping the US out, in whatever crap the US started. And a lot of European soldiers died. Those soldiers did not help Europe but the US, because of being allies. Even when some European countries got called names for not helping in Iraq because they ca…

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Why would they? Iran has been fairly harmless for decades, and the downsides of starting a war with Iran are pretty obvious. What's next, starting a war with Egypt or Panama, just for funsies?

Pre-Trump, some European countries might've let themselves be dragged into another one of America's pointless unwinnable no-reason wars. But with America itself all but declaring war on its European "allies"? Not a chance. Unless Iran starts sending rockets to Europe (and why would they?), they'll just stay out of it and let America clean up its own mess.

If anything, the Ukraine situation has made Europe more pro-war, with countries significantly increasing their defense budgets. If Iran had been a "post-9/11 Afghanistan invasion" scenario under another President, 2026 Europe would happily jump in to help.

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

#579

Earlier quoted context omitted.

> All this is going to achieve is pushing Canada much closer to other countries The world is watching this story just like the world watched Davos. Last night will encourage further decoupling of the US for nations other than Canada. idk if Trump 2028 will happen or not. I will say with conviction no matter who is in office by then will not rebuild trust around the world in their tenure. Too much damage is done to th…

> I will say with conviction no matter who is in office by then will not rebuild trust around the world in their tenure. Too much damage is done to the US's reputation. The only way that the US can start rebuilding this trust is that the incoming Democratic President and Congress (assuming we are so lucky) immediately starts by prosecuting Trump and his family (and results in actual jail time, not just fines or small…

There is absolutely nothing that will end American democracy faster than jailing Trump. The moment it becomes clear that the cost of losing is personal jail time for you and your family, every politician in the game has to start playing for blood, and everyone with power has to chose rubicon or jail.

If Trump goes to prison, that’s when I leave, because that will be the moment historians point to as “no going back”.

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

#580

Earlier quoted context omitted.

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.

> Honestly, if Trump keeps giving intelligence to Ukraine against Russia, then it was worth paying the (idiotic) tariffs. But you already had that - this tariffs “deal” was just extortion, adding a tax for nothing

Trump stopped intelligence sharing on Russia with Ukraine in spring last year while tariff negotiations with the EU were ongoing.
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