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The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

thetariffcost.com

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Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#21

Post by ck2 »

afavour wrote: post #17
ck2 wrote: post #10

imagine the level of stupid that's going down if the Dems do not also get get the Senate this administration has three boxes it reaches into to sprinkle around daily [CHAOS] [CORRUPTION] [CRUELTY] hope everyone is enjoying the billion spent on golden statues in DC while you can't afford to put gas in your car but don't worry, he still gets to fly around in his billion dollar QatarForceOne while taking $2 Million golf…

> imagine the level of stupid that's going down if the Dems do not also get get the Senate The Senate, literally by design, does not represent the will of the people. Add things like gerrymandering on top and the uphill climb required of Democrats to capture the Senate keeps getting higher and higher.

how's that supreme court working out for you?

how's all those cabinet members working out for you?

that's 100% Senate, regardless what you think of its representation

we can argue the details later if we somehow survive this decade

btw all the nuclear treaties like weapons in space have been allowed to expire

and he's looking at invading Cuba and Greenland if only for the chaos

without full control over Congress the next two years are going to make the first two pale in comparison

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#22

Post by foxyv »

ericmay wrote: post #6

> And Canada is taxing you back This seems illogical. You can't simultaneously claim that the US is paying higher prices for Canadian goods because of US-imposed tariffs and then turn around and say only that Americans are paying a tax on buying Canadian goods on Canadian-imposed tariffs. Both countries are either paying higher prices or paying higher taxes. Canada's tariffs must also be viewed as America is taxing C…

I think the idea is that tariffs cut both ways. They increase prices for foreign goods as well as reduce demand for imports causing job losses in the exporting country. The original tariffs increase prices and the retaliatory tariffs reduce demand for American products causing job loss.

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#23

Post by malshe »

ericmay wrote: post #19
hn_throwaway_99 wrote: post #12

Earlier quoted context omitted.

I think you are reading way too much into that "you" in that sentence. I read it simply as a list and total of all the retaliatory tariffs that Canada is imposing, and the site emphasizes that this is obviously bad for American jobs, not that American consumers pay the tariffs that Canada is imposing. This whole trade war with Canada has to be one of the dumbest fucking things I have ever witnessed, and that's saying…

> I think you are reading way too much into that "you" in that sentence. Sure that's fair, but on the other hand that's what was written and the framing I think is unfair and inconsistent. Of course, others may go along happily reading it and thinking wow we created these tariffs to raise prices and Canada decided to tax us!? That's worth clearing up and being honest about, in my view. Imagine someone writes another…

I see your point but it's all AI written and I doubt any human actually read it to ascertain accuracy

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#24

Post by ericmay »

malshe wrote: post #23
ericmay wrote: post #19

Earlier quoted context omitted.

> I think you are reading way too much into that "you" in that sentence. Sure that's fair, but on the other hand that's what was written and the framing I think is unfair and inconsistent. Of course, others may go along happily reading it and thinking wow we created these tariffs to raise prices and Canada decided to tax us!? That's worth clearing up and being honest about, in my view. Imagine someone writes another…

I see your point but it's all AI written and I doubt any human actually read it to ascertain accuracy

Sure that's super fair haha. Good call

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#25

Post by ericmay »

foxyv wrote: post #22
ericmay wrote: post #6

> And Canada is taxing you back This seems illogical. You can't simultaneously claim that the US is paying higher prices for Canadian goods because of US-imposed tariffs and then turn around and say only that Americans are paying a tax on buying Canadian goods on Canadian-imposed tariffs. Both countries are either paying higher prices or paying higher taxes. Canada's tariffs must also be viewed as America is taxing C…

I think the idea is that tariffs cut both ways. They increase prices for foreign goods as well as reduce demand for imports causing job losses in the exporting country. The original tariffs increase prices and the retaliatory tariffs reduce demand for American products causing job loss.

Yes but since Canada is also initiating new tariffs (they've had existing ones for specific products and industries already) so anything said here applies to Canada as well.

For example Canadian tariffs increase prices and their retaliatory tariffs also reduce demand for Canadian products leading to job losses.

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#26

Post by mullingitover »

hn_throwaway_99 wrote: post #12
ericmay wrote: post #6

> And Canada is taxing you back This seems illogical. You can't simultaneously claim that the US is paying higher prices for Canadian goods because of US-imposed tariffs and then turn around and say only that Americans are paying a tax on buying Canadian goods on Canadian-imposed tariffs. Both countries are either paying higher prices or paying higher taxes. Canada's tariffs must also be viewed as America is taxing C…

I think you are reading way too much into that "you" in that sentence. I read it simply as a list and total of all the retaliatory tariffs that Canada is imposing, and the site emphasizes that this is obviously bad for American jobs, not that American consumers pay the tariffs that Canada is imposing. This whole trade war with Canada has to be one of the dumbest fucking things I have ever witnessed, and that's saying…

> This whole trade war with Canada has to be one of the dumbest fucking things I have ever witnessed, and that's saying a lot given the complete incompetence and buffoonery of the current US administration.

You'd think that, strategically, a decapitation strike is the worst thing that could happen for a nation. However, that would be incorrect: the worst thing that could happen is this, a vain and incompetent buffoon installed in the top leadership position. With no leader you're just not making decisions, but the organization can continue operating under autonomous cells. With a hyperactive incompetent leader you're speedrunning every conceivable bad decision and everyone just has to look on in horror.

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#27

Post by ryanisnan »

I like the idea behind the site, but I have some nits.

First, when you list something like a financial figure, you must also include the relevant time period. E.g. you say 16.0B in taxes collected by Canada from American exporters. But you don't list the time period.

Second, you say 313 are taxed today. What is this in reference to? Goods? People? Companies? Percentage?

The labels need some serious love.

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#28

Post by Terr_ »

lenerdenator wrote: post #4

I'm trying to think of the number of people I (an American) know who considered trade with Canada to be a real issue. The answer I keep coming back to is I know zero people who considered that. Does the US have a trade imbalance that causes problems, particularly in our manufacturing sector? Yes. Can tariffs kind of help with that? Also yes. Really, you need to instill some sort of sense of duty to country in busines…

> Does the US have a trade imbalance that causes problems, particularly in our manufacturing sector?

I have a trade imbalance with the local grocery store: I buy lots of vegetables, but they don't buy mine.

My employer has a trade imbalance with me: They buy lots of my labor, but I never buy any of theirs.

The term has become unhelpfully pejorative, the "imbalance" is often desirable and beneficial.

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#29

Post by spacemule »

Am I the only one who finds this site undecipherable?

Take this snippet for example:

  American exporters 
  $16.0B of what American exporters sell to Canada sits in headings Canada taxes today, 10.5% of the total. From 8 September it is $26.5B.
  See whose jobs
What does "sits in headings Canada taxes" mean? Whatever this means, how does it jump to $26.5B from $16.0B on a single date? Don't things have to enter for tariffs to be collected?

"See whose jobs" is even more confusing. Nothing about jobs was mentioned. It's talking, presumably about an increase in a tariff collected by Canada. I can understand this will affect certain jobs, but "See whose jobs" just confuses the situation more. I cannot figure out for the life of me what's going on.

Here's another example when you click the "nuclear option" it jumps, without context beyond "Canada’s energy supply is a fourth exposure, and a different kind" to this:

  The nuclear option

  Canada has not done this, and nothing here predicts it will. But tariffs are the smaller lever. 
  Flip the switch to see which states buy their energy from Canada, and whether they have anywhere else to buy it.

  Crude cost per gallon
  $1.86
  what everyone else charges, up 26¢ a gallon

  Both figures are prices the United States actually paid   this year: $67.17 a barrel to Canada, $77.92 a barrel 
  to everyone else, across 704 million Canadian barrels. Careful with the gap, though. It is not a pump price, 
  since refining, distribution, tax and margin all sit on top of the crude. Nor is it really a discount: Canadian 
  barrels are mostly heavy crude, and heavy crude sells below lighter grades wherever it goes, so a lot of the 
  difference is just the grade. What replacing one with the other would cost is a question this page does
  not have the data to answer.
Am I really dumb for not understanding this site, or is this the infogram equivalent of a Nigerian prince email?

Re: The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

#30

Post by ajmurmann »

lenerdenator wrote: post #4

I'm trying to think of the number of people I (an American) know who considered trade with Canada to be a real issue. The answer I keep coming back to is I know zero people who considered that. Does the US have a trade imbalance that causes problems, particularly in our manufacturing sector? Yes. Can tariffs kind of help with that? Also yes. Really, you need to instill some sort of sense of duty to country in busines…

Every side benefits from a trade. That's why the trade is made. The US is able to afford a trader imbalance because the USD is the world's reserve currency. Other countries are subsidizing our trade imbalance. It's a huge win for the US.

Tariffs will not bring back manufacturing. They increase prices of inputs, reduce incentive for competitiveness and invite retaliation. Look how well tariffs have worked for Brazil and Argentina or for the US under Smoot Hawley.

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