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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

#811

Post by pezezin »

ericmay wrote: post #343
bad_haircut72 wrote: post #301

Earlier quoted context omitted.

Europe/Canada should ban chatgpt/anthropic and say "ok we will use chinese models for our vibe coding I guess" and watch the stock market implode overnight. Remenber when they tried to ban non-US citizens from using Fable? best to remove that sword of damocles now regardless

[flagged]

> If Europeans don’t care about democracy in Taiwan maybe we shouldn’t either.

The USA has a long history of organizing coup d'états on democratic governments to prop up their own dictators. Let's be honest here, you guys don't care about Taiwanese democracy, only about keeping TSMC running.

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

#812

Post by davesque »

In a way, it's nice that Trump is giving such a good, practical demonstration of why being a bully never works out the way you think it will. A good education for those who need it. Just sucks that we all have to pay for it out of pocket.

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

#814

Post by xorcist »

disgruntledphd2 wrote: post #453
blitzar wrote: post #434

Earlier quoted context omitted.

> 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.

But it's not really a trade barrier if it applies equally for everyone, including domestic products, is it? Then it's just a safety regulation barrier, which also the US has plenty of.

It's something else entirely to point to a specific country and say that "anyone who imports from there is going to get taxed an extra 15%". That's a specific barrier to a specific trade.

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

#815

Post by throwitaway222 »

fluidcruft wrote: post #792
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…

Tariffs end up being worse than taxes. They get collected, passed on to consumers, overturned by courts, and then handed to the companies that raided prices.

I think they proved last year that most of the tarrifs were not going to consumers. It actually worked as an excellent business tax that did not get passed on. High tariffs are leftist ideology.

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

#816

Post by narmiouh »

throwitaway222 wrote: post #815
fluidcruft wrote: post #792

Earlier quoted context omitted.

Tariffs end up being worse than taxes. They get collected, passed on to consumers, overturned by courts, and then handed to the companies that raided prices.

I think they proved last year that most of the tarrifs were not going to consumers. It actually worked as an excellent business tax that did not get passed on. High tariffs are leftist ideology.

Reference?

Here is an article from the newyorkfed with an excerpt which isn't in line with what you are claiming. And it is quite likely that even those that didn't raise prices initially, aren't going to keep absorbing those costs forever (no such thing as free-lunch), these studies were done only 3 months into the tarriffs.

https://libertystreeteconomics.newyorkfed.org/2025/06/are-bu...

"Consistent with textbook economics, tariffs generally resulted in higher prices to customers. Indeed, roughly half of businesses reported raising prices of goods directly subject to tariffs. Interestingly, a significant share of businesses also reported raising the selling prices of their goods and services unaffected by tariffs. Many businesses indicated they increased prices to cover other rising costs such as wages and insurance, though it is possible that in some cases, businesses were taking advantage of an escalating pricing environment to increase prices. For example, something similar happened in 2018-19 as firms increased their prices on dryers when tariffs rose on washing machines from China, even though dryers were not subject to tariffs."

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

#818

Post by tradertef »

mancerayder wrote: post #736
techteach00 wrote: post #724

Earlier quoted context omitted.

"regressive religious minority" yes, Israelis and the evangelicals that worship them.

[flagged]

minority in population numbers. not in political influence.

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

#819

Post by __turbobrew__ »

swat535 wrote: post #640
LeFantome wrote: post #513

Earlier quoted context omitted.

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…

As a Canadian, my hope is that we can build stronger relations with Europe. I don't think anyone can avoid China but I would rather minimize those ties. We can't afford to cut all ties with United States due to our geography and history, however it would be prudent for us to reduce our dependency. I don't think majority of Canadians wish to see the nation in such a vulnerable position again with regards to US. Bankin…

As another Canadian, I wish we could stop treating China as a boogeyman. By and large China is not malicious and really just wants peace (there is a name for the Chinese policy which is basically “do nothing and win” but I forget it).

I also would like to see Canada stop negotiating with the USA. If Trump says “if you aren’t going to do X, we will do Y”, Canada should just say “so be it” and move towards other trade partners. If you want to trade with us in good faith we are completely open to it, but the bipolar level of instability in trade should not be tolerated.

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

#820

Post by Sabinus »

ColdStream wrote: post #762
nojvek wrote: post #506

Earlier quoted context omitted.

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,

And all that works on Trump because he's fundamentally an unsophisticated political actor. Once you get past the shock of the aggressive strategies he uses, he can be outmaneuvered by experienced politicians who trust their institutional experts.
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