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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

#581

Post by jbm »

Pxtl wrote: post #204
jleyank wrote: post #76

Earlier quoted context omitted.

Harsh, but same for oil and potash. Other minerals too.

Oil and potash are made in provinces that have had their voter bases successfully propagandized by US Republican interests. They refused to get on-side at a political level.

This is such a Reddit opinion.

If you are in Alberta or Saskatchewan, the government is decided before your election is done. There is no Senate, like in the US, to balance your needs vs others.

Despite this unbalance, there is a clear majority of Albertans who are anti-independence. (I agree that the government, run by a radio entertainer is shameful and disgusting.)

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

#582

Post by p91paul »

armada651 wrote: post #454
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.

What I fear is Trump didn't break any promise done to their electors by starting this trade wars (he did when he failed to stop actual military wars and started more instead, but that's a different point). He was elected by stating that America was the greatest country in the world and that the others were freeriding on US wealth. I'm not sure his successor can entirely overturn this policy, if a majority of the US voters believe this - also because undoing the damage would require brokering deals less favourable than before to show good faith. I live outside of the US so I might be misintepreting the situation, but I'm unconviced that a full u-turn will happen once he's out of the office.

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

#583

Post by busyant »

coldpie wrote: post #239
tgsovlerkhgsel wrote: post #88

Earlier quoted context omitted.

> Though I assume this will cause pain for everyone. Yes, but the pain is likely unavoidable. The alternative is much more pain, but slightly later/more spread out, from repeatedly giving in.

Ever seen the Twilight Zone episode "It's a Good Life"? It's a tough situation when your opponent is an all-powerful preteen. No win scenario: perpetually give in to childish temper tantrums and everyone is worse off forever, or suffer the consequences of opposing the child.

I've mentioned that episode as an analogy to current affairs to anyone who will listen.

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

#584

Post by qlte »

dfxm12 wrote: post #573
armada651 wrote: post #454

Earlier quoted context omitted.

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.

Pretty revealing how you had to hand wave away the entirety of "Liberation Day" tariff policy (literally the topic of this thread) that Biden did not do in office to do the perennial low-info voter "uniparty" observation, just because of China hawkishness.

The uniparty foreign policy blob that always does identical stuff regardless of party like: signing the JCPOA with Iran / killing the JCPOA and starting War with Iran, or rejoining UNESCO and paying back due obligations / re-leaving UNESCO and WHO... etc.

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

#585

Post by Fordec »

thisisit wrote: post #554
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.

Yes sure. Add it to the pile of contradictory goals: 1. Bring back manufacturing jobs 2. Remove trade barriers 3. Make US rich by collecting huge amount of tariffs If 1 is true then there is no benefit for countries to remove trade barriers or pay tariffs because now there is no leverage (manufacturing jobs to protect). If 2 is true then there is no leverage for other things to happen - countries aren't going to volu…

Any easy resolution to the math is that 1 will be false and Trump will be more than capable of throwing those workers under a bus.

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

#586

Post by cdrnsf »

Everything the current US administration has done has been an unmitigated disaster. Tariffs are taxes. Manufacturing is still declining, not returning and a man who could not run casinos successfully is not going to change that. His economic and foreign policy are dictated entirely based on who flatters him the most. Add to that continued environmental damage, domestic policy dictated by a regressive religious minority and a lack of interest in performing the duties of the position in favor of caring about only what it can be leveraged for. A failing state operating on grievances and stupidity.

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

#587

Post by metabagel »

martythemaniak wrote: post #449

Question for Americans: do you guys understand what's happening? The thing to keep in mind is that the current trade agreement was negotiated and signed by Trump himself. He has spent the last 18 months seeing what a terrible deal it is. He does not want a "deal" into conventional sense, that is an agreement that works for both parties. He needs the counterparty to be humiliated and subjugated. CUSMA (the current agr…

As an American, there is a lot of disinformation in the U.S. A lot of people absorb MAGA talking points. The rest of us are in a continuous state of stunned disbelief.

Trump tore down a third of the White House without permission, and somehow it doesn't set off alarm bells. He's supposed to be a steward of the government for 4 years, not a king.

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

#588

Post by Fordec »

mytailorisrich wrote: post #65
eigenspace wrote: post #53

Earlier quoted context omitted.

The EU didn't really fold, they blew him off. It was just a bunch of "yeah sure Donny, here's a bunch of meaningless promises we have no ability or mechanism to actually enforce". For example they promised to buy a bunch of gas, but the EU has no mechanism to make companies or even member states buy gas. The only real concession the EU made was just allowing Trump to tariff them at a certain rate, and not counter-tar…

If Europe does't buy gas from Russia then that leaves Qatar and the US. Qatar does sell a lot to Europe (hence you'll notice how "friendly" Europe is towards Qatar) but is vulnerable to instability in the straight of Ormuz. The US are making a fortune on gas at the expense of Europe an it's not that the promise to buy gas is meaningless because unenforceable within Europe, it's that it was already happening in practi…

Norway, the North Sea via the UK and Algeria are right there as ready suppliers. All of which today supply more than Qatar. https://www.consilium.europa.eu/en/infographics/where-does-t...

Not to mention current EU stated goals is to reduce consumption by 50% by 2030. Which is coincidentally pretty US and Russia imports combined sized, and timed pretty well with the expiration date of the EU/US trade deal.

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

#589

Post by metabagel »

josefritzishere wrote: post #344

At some point , looking at all the damage, it becomes hard to dismiss Trump as merely unintelligent and incapable. The other possibility is that the destruction deliberate, and the goal to end US hegemony. Would things proceed any differently if it were?

He's an agent of chaos. His decision-making process is rashly emotional and based on narcissistic needs.

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

#590

Post by krapp »

HEmanZ wrote: post #579
gWPVhyxPHqvk wrote: post #375

Earlier quoted context omitted.

> 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”.

The United States isn't a monarchy, we fought a whole war to establish that. Our leaders aren't meant to be above the law. If our "democracy" can't survive putting even a President in jail for their crimes than it doesn't deserve to survive.

And I reject your premise that putting one's leaders in jail will only lead to an infinite spiral of partisan kangaroo courts because other democracies manage to hold their leaders to legal account without going into a death spiral.

And it's honestly weird and more than a bit disturbing how controversial that simple concept has become. I guess we really do want kings here.

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