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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

#761

Post by ColdStream »

chermi wrote: post #657
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…

"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" This won't last. There are consequences for behavior on all scales. If you prove yourself untrustworthy and treacherous, people will treat you as such. International politics don't move very quickly, especially if coordination is required. But it will eventuall…

There is a Japanese proverb "A thousand years of good reputation is ruined in a single hour."

Trump has burnt up the single most valuable asset any country or person can have. Trust.

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

#762

Post by ColdStream »

nojvek wrote: post #506
wwice wrote: post #479

Earlier quoted context omitted.

>> India of course caved and so on, India and US still have not signed any trade deal. Not sure what's the basis of your comment.

India and China have their own trade books. No one other than close US allies caved. And even then, they all realize Trump is a mad man and cannot be relied upon.

I mean look at the Japanese deals, it has some of the most wishy-washy loose language I have seen in a serious political document for a very long time.

We indent to do this, they propose that, there is aspirations of this. They caved but only in the most symbolic fashion possible. I see a lot of diplomacy at hand.

"Speak softly and carry a big stick; you will go far." - Theodore Roosevelt,

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

#763

Post by ColdStream »

8note wrote: post #630
jdeisenberg wrote: post #538

Earlier quoted context omitted.

Possibly waiting for a reasonable replacement for US tech. For example, if the US should decide to shut off MasterCard and VISA services to Europe, it would create non-trivial difficulties for the European banking system.

its also a one time trick for america, similar to the strait of hormuz it would be so disruptive that europe would have to make and use an alternative, and then the US could not regain that market

There is a reason the US is worried about things like Pix is Brazil. Viable alternatives are coming online that cuts them out of the set of power.

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

#764

Post by jjtwixman »

izolate wrote: post #283
7373737373 wrote: post #79

Earlier quoted context omitted.

It's ironic that the US might currently do better with a (constitutional monarchy) king, to serve as an ethical example of living and governance, and change the role of the president to more of a serving bureaucrat

I'd argue almost the opposite: America's governing system (and the political culture of rejecting hereditary rule) is a big part of why it became so successful. There's arguably a straight line from the Commonwealth's greater deference to inherited authority to today's tolerance of weak borders, stagnant growth, and declining economic mobility. A king seems like more of the thing that caused the problem, not the solu…

Look at all the presidential systems in the rest of the Americas, they're all mega fucked and third world. Of course the USA Empire is also currently collapsing.

Parliamentary democracy has a better track record, for sure.

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

#765

Post by jjtwixman »

Ylpertnodi wrote: post #440
barbazoo wrote: post #318

Earlier quoted context omitted.

That plus the 20% or so that don't care enough to vote.

Maybe the 20% don't want a fucking thing to do with the shitshow.

If you don't care enough about Trump to vote against him then you're at best a gigantic moron.

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

#766

Post by ColdStream »

LeFantome wrote: post #515
enraged_camel wrote: post #495

Earlier quoted context omitted.

>> What are we waiting for. For Europe to become fully self-sufficient when it comes to defense, for one thing.

I think it can be Europe, Canada, Australia, and South Korea. The world has the technology. Canada has the resources and the manufacturing capacity. Europe has the money. It can be done. Look at Ukraine. They are becoming a military superpower in terms of technology and experience.

Personally there are two sides to this that conflict.

Firstly, yes Europe and its allies are rapidly becoming more capable and are now funding said capabilities.

Secondly, it sadness me to see people cheering on the growth of the war/defense sector.

Tao Te Ching - Chapter 46

When the Way governs the world,

The proud stallions drag dung carriages.

When the Way is lost to the world,

War horses are bred outside the city.

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

#767

Post by fooker »

cdrnsf wrote: post #586

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 minori…

> Manufacturing is still declining

Do you have evidence for this?

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

#768

Post by tensor »

LeFantome wrote: post #513
Chyzwar wrote: post #490

Earlier quoted context omitted.

That not how politics works. It is much slower and hidden process. EU fast tracked Mercosur and other trade deals. China and Japan is slowly dumping US treasury bills, Canada is in open trade confrontation and is diversifying toward China. Everybody is shifting away from US weapons suppliers. Nobody is willing to help with Iran even on symbolic level.

You are both right. The world capitulates more than it should. But the world is also moving away and building contingencies. The world needs leadership. And Canada is helping with that. I do not think that reciprocal tariffs are actually the answer though. They hurt both sides and the US is not a rational enough actor to respond like you hope they will. The answer is in shifting trade away from the US and isolating t…

> I do not think that reciprocal tariffs are actually the answer though. They hurt both sides and the US is not a rational enough actor to respond like you hope they will. The answer is in shifting trade away from the US and isolating their economy. It takes longer but it is what will work. And even if their behaviour does not change, their power will fade with their economy.

I don't really agree. For one, they did help China, the US eventually caved because US businesses and consumers got really upset. The same can be true here. The admin doesn't care, but the business owners do. They're already being squeezed by tariffs on their parts, further damaging their exports will cause them to complain to the admin. That's something Trump has historically caved on to some extent.

Also keep in mind that the way Canada will do tariffs is the way they should be used, not blanket but strategically to have as little impact on Canadians and as much impact on US businesses as possible.

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

#769

Post by goodness4all »

cdrnsf wrote: post #586

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 minori…

That’s the point. He wants to crash the monetary market and he has allllll the investments in digital currencies, ai, data centers, energy, computation & weapons. Why prop up a system that literally tried to kill him and will wreck havoc on his family after he’s outta office stripped of power. Dude is operating on death ground right now.

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

#770

Post by dragon-hn »

throwaway85825 wrote: post #653
jarym wrote: post #45

Seems like the only thing more expensive and damaging these days than being an enemy of the US is being an ally! Wonder how long it’ll be before Trump throws his toys out the pram again. Wouldn’t be surprised if he moans his allies have abandoned him.

Canada is the kind of ally that sends a chinese spy to NATO headquarters. https://www.bbc.com/news/articles/cwymk20n0v7o

If we want to be ridiculous, should we talk about Trump sharing intelligence with Russians, causing American allies to limit intelligence sharing?
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