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

831–840 of 1001 posts

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

#831

Post by rhyperior »

guessbest wrote: post #546
rhyperior wrote: post #497

Earlier quoted context omitted.

Are you not loyal and patriotic if you see your government is bad for the people and you support opposition to it? US citizen here. Fight back against my government, please, even when the current admin is replaced with another more benign one.

> fight back against my government, please I don't understand what you mean by this? Fight back against what? Protective tariffs?

I don’t understand your confusion? Canada is standing up to bullying tactics from a corrupt administration. Yes, please, more.

And if the world would continue to stand up for themselves in the future we might have more balanced relationships.

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

#833

Post by mupuff1234 »

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.

Doesn't Europe already have a digital service tax?

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

#834

Post by specialist »

delusional wrote: post #642
goatlover wrote: post #606

Earlier quoted context omitted.

Hope the voters remember this for the next couple election cycles.

I don't think it's helpful to suggest that "both sides" are equal in American politics, but I do think you have to be a least a little understanding that the democrats aren't an attractive alternative to most Americans. I'm afraid a pretty large minority of Americans have landed in the lose-lose position of "if i can't make it better, i might as well make it worse faster".

Biggest myth is left vs right, when it's upper vs lower.

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

#835

Post by k33n »

bambax wrote: post #725
k33n wrote: post #470

Earlier quoted context omitted.

> What are we waiting for. Responsible governance around something like when and how to retaliate (if at all) against tariffs comes down to one of the most fundamental forces of economics and trade: real leverage. Whether or not the US should exercise its leverage to attain outsized and favorable terms on the economic stage is the peanut gallery conversation that happens on social media. The two worlds couldn't be fa…

That's just not true. Geopolitics isn't maths, never has been, never will be. Maths is an input amongst many, and doesn't decide the outcome.

[flagged]

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

#836

Post by stanislavb »

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 an Australian, I'd love to see the actual birth of CANZUK... https://www.reddit.com/r/canzuk/. That could be a viable Union with real international influence.

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

#838

Post by 0ckpuppet »

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…

A lot of people who voted for Trump aren't surprised by this. The didn't vote for Trump to win as much as they voted for Democrats too lose. What does it take to lose to Trump twice, and by some accounts three times?

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

#839

Post by clove »

Dollar-for-dollar counter-tariffs are a tax on Canadian buyers of US goods.

The Federal Reserve studies on tariffs have shown basically no net tangible benefits to tariffs: any import protection industries gain from tariffs is cancelled out by the cost of the tariff on consumers.

And of course, the two governments' accounts of the collapse of the talking are in direct contrast: within hours, both placed the failure to make a deal on the other party.

It appears to me that any discussion in support or against tariffs here now isn't data-based but just political teamsports.

The old HN would just note the studies on tariffs and move on. But not today's HN!

So here we have a really long thread on HN saying "go team go."

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

#840

Post by bad_haircut72 »

8note wrote: post #628
bambax wrote: post #423

Earlier quoted context omitted.

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.

tariffs on tech i think is harder than just not accepting US patents and IP, and refusing protections on it

Copyright is a very quick one to change though. Imagine if suddenly you would no longer be getting doorknocks from the police for downloading Movies/Music/Games/Software from American companies. Europe just gets GTA6, for free, one hour after it comes out (or a day if it takes that long to crack it). Huge amounts of American wealth rely on the rest of the world playing by their rules.
Post reply on HN