[flagged]
Canada will match US tariffs 'dollar for dollar' as trade talks break down
191–200 of 1001 posts
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#192Earlier quoted context omitted.
The US would then just stop importing that electricity and funnel the power in from domestic sources. The electricity comes in from Canada because it’s cheap, not because the US can’t make electricity. Canada would shoot itself in the foot with this move.
You just outlined what would be the purpose of Canada doing this - to cause power prices to go up in the US.
Yes, but at the cost of Canadian businesses losing revenue
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#193Nice to see them putting up a fight. Though I assume this will cause pain for everyone. One note: aren't these sentences strange - like a series of half-thoughts? Especially the 2nd paragraph. > Our government understood, before many, that America is altering all its trade relationships. Putting tariffs on its closest allies and charging for access to its vast market. > > We have worked in that context. To strike a f…
> 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.
Actually its the opposite. The pain of "giving in" is limited to specific Canadian industries and powerful stakeholders with a LOT of political influence. In the broadest terms, Canada's economy grows rapidly if they give in.
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#194Importantly Canada has committed to matching every American tariff dollar for dollar, which the US already considers unfathomable. Greer repeatedly cites that only Canada and China retaliated, which is such a weird criticism. Is he intending to compliment us? So expect Trump to start spiralling. Also expect lots of astroturfing about how desperate Canada is and that it has no choice (one of those hilarious slop purve…
CUsMA might be convenient re Mexico. They can consider withdrawal once a bilateral deal is reached.
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#195Huh 30% of our lumber just got 50% more expensive. Good thing we don't have shortages of affordable housing that need new construction to solve. Brilliant stuff Donald. Truly some 4D chess moves.
Lumber is not part of these tariffs. These are on a narrow set of products.
Lumber is a different long standing trade dispute going back to the 80s unrelated to the industries targeted by the 50% tariffs.
Trump created a 10% Lumber tariff in Sept 2025, but it was already tariffed before that. Canadian lumber today isn’t suddenly 50% more expensive.
https://en.wikipedia.org/wiki/Canada%E2%80%93United_States_s...
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#196[flagged]
Is this some sort of weird AI slop? Like, what even is this nonsense?
"~70% of Canadian exports go to the US"
If you remove oil[1], Canada has a trade deficit with the US. And strangely the US has never said an iota about tariffing or restricting oil, and on the contrary keeps trying to increase it. Like Trump's big celebration was about hoping to revive a pipeline.
The vast majority of Canada's economy is internal, and rapidly non-US. We replace what we buy from the US. Somehow lots of countries on this planet don't rely upon being a subjugated feeder to the US.
>Unemployment, business investment, and the CAD are all deteriorating far more deeply and rapidly than any impact on the USA
Canada has fielded better employment numbers than the US. Business investments are at an all time high (lol, slop purveyor now claims that actually no, that's bad too!). The CAD has been gaining over the past few weeks.
Stop writing hilariously stupid slop on here.
[1] The US actually makes hundreds of billions of dollars processing and exporting Canadian oil, and it was yet another foolish decision of Canada not to process in country. But don't worry, exports to other destinations are rapidly increasing.
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#197Nice to see them putting up a fight. Though I assume this will cause pain for everyone. One note: aren't these sentences strange - like a series of half-thoughts? Especially the 2nd paragraph. > Our government understood, before many, that America is altering all its trade relationships. Putting tariffs on its closest allies and charging for access to its vast market. > > We have worked in that context. To strike a f…
It's a transcription of a spoken speech. The periods between connected clauses are just where Mark Carney paused for a moment.
Still. Many of those periods. Should be commas.
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#198[deleted]
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#199Huh 30% of our lumber just got 50% more expensive. Good thing we don't have shortages of affordable housing that need new construction to solve. Brilliant stuff Donald. Truly some 4D chess moves.
Art of the Deal
Honestly though, it seems like he would rather have everyone lose than take a chance that anyone but him wins.
Even positive reporting of the man makes him out to have a massively fragile ego.
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#200I’m interested to see if this spurs other countries to push back on this administration. Once you get a couple of countries to collectively stand firm is when things take a turn. Bullies can only push for so long
It won't. This isn't the first time Canada has had to stand alone against Trump while the rest of the world goes along to get along.