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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

#641

Post by brightball »

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…

I get that statistics can be manipulated but...

https://www.ismworld.org/supply-management-news-and-reports/...

> Economic activity in the manufacturing sector expanded in July for the seventh consecutive month, say the nation’s supply executives in the latest ISM® Manufacturing PMI® Report.

> The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee.

> “The Manufacturing PMI® registered 55.6 percent in July, 2.3 percentage points above the June figure and the highest reading since May 2022 (55.9 percent). The overall economy continued in expansion for the 21st month in a row.

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

#642

Post by delusional »

goatlover wrote: post #606
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…

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".

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

#643

Post by kube-system »

dpc050505 wrote: post #469
thesmtsolver2 wrote: post #430

Earlier quoted context omitted.

The world collectively had so much trade barriers for US goods and services and still has. They just weren’t direct like tariffs.

Having guardrails against diarrhea lettuce is just reasonable policy.

Unfortunately, systematically and illegally dismantling the organization responsible for protecting us against diarrhea lettuce is a setback to that goal.

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

#644

Post by delusional »

aorloff wrote: post #618
Spooky23 wrote: post #603

Earlier quoted context omitted.

[flagged]

The Democrats are not smartening up. The weak kneed leadership will be getting replaced by the populist message of Trump but coming from the left, people like Mamdani, the DSA candidates, etc. The people clearly want leaders who will say : we will use political tools to help the economic situation of the poor and middle class. Everyone from Jon Ossoff to Angie Nixon has some version of this message and its resonating

> he populist message of Trump but coming from the left, people like Mamdani, the DSA candidates, etc.

Leading but honest question: Are those candidates the same as Trump? I do not see how they share anything other than strategy and spin, and those things don't make policy.

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

#645

Post by lowbloodsugar »

TacticalCoder wrote: post #243
pluc wrote: post #188

Earlier quoted context omitted.

The problem is they're also stifling trade with China. We still have quotas on Chinese cars so that they don't flood the market with affordable cars to preserve our (yours and ours) inferior car industry. It's basically what Canada is doing to the US with dairy, except with Chinese cars.

I'm in the EU and my masters did hand over the car market to chinese cars and this was a very stupid move. Some EU carmakers are fighting back but it's very hard when politicians managed to have energy price in the EU being about 7x higher than those carmakers in China do pay. I'm not for tariffs but China is dumping and if we don't all want to end up being vassals of China, we should at least protect some of our ind…

Ask why does China have cheap energy. Indeed, why was China able to save Trumps ass by halving its oil imports and preventing a catastrophic meltdown of oil-driven economies?

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

#646

Post by Eufrat »

goatlover wrote: post #606
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…

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

Voters don’t go and actually look at the data themselves. They rely on pundits and the news to tell them the salient points.

The problem is that the media has essentially lost most of its usefulness as a bulwark against the most egregious excesses of crony capitalism and cozied up to it instead. It feels like the Gilded Age again, but the people are somehow more insufferable. Cramming the “light of human consciousness into the stars” apparently requires we create CSAM generating machines powered by nitrogen oxide belching gas turbines. Even the folks at non-profit news outlets like Pro Publica have leadership that refuses to understand that it is difficult to prevent AI errors at scale. Nobody reviews drafts with such detail, we make a lot of assumptions, we trust that the person/machine is not feeding us trash.

This is, of course, doesn’t even bring up the fact that a lot of people in the US now get their news—similar to folks in India via WhatsApp (that became such a problem that Meta was forced to curtail the number of forwards you could do in the app)—by passing trash, hate fueling articles around on social media.

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

#647

Post by [deleted] »

Spooky23 wrote: post #603
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…

[flagged]

[deleted]

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

#649

Post by eru »

vidarh wrote: post #183
eru wrote: post #66

Earlier quoted context omitted.

No, not good for Canada. Free trade is optimal, even if its unilateral. The EU should abolish their tariffs and let the clowns in the US do whatever they feel like.

You're not going to get free trade if it's unilateral, because you've then created an incentive for the other side to protect their own industries knowing you're not going to retaliate, while reaping the benefits of access to your market.

Unilaterally not hitting you head against the wall is bad, because you remove the incentive for the other side to stop hitting their head against a wall?

> while reaping the benefits of access to your market.

Huh, what? Trade is a win-win situation: you and your people benefit from imports, too.

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

#650

Post by dennis_jeeves2 »

THX1137 wrote: post #309
dennis_jeeves2 wrote: post #165

Earlier quoted context omitted.

>Canada is that it’s broadly in a weak negotiating position here. That's an understatement. Hypothetically if Canada were isolated from the world, it would regress in the quality of life in 10 years. The most capable Canadians have moved out, mostly to the US. The average Canadian has unwarranted sense of nationalistic pride about them (compared to their neighbors). Isolate US from the world, and assuming that the go…

By definition if you isolate a country from the world it would be more self sufficient that very moment than it is the moment before it is isolated. Isn't that obvious?

Agreed self-sufficiency isn't the best term. But if I were to rephrase it, let say that self-sufficiency in terms of the quality of life - US would be in much better shape than Canada. Canada has _significantly_ much more to lose than the US.
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