Live data from Hacker News

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

bbc.com

661–670 of 1001 posts

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

#661
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]

I'd argue more largely that the right is a loose coalition of people with differing goals...whether it's conservatism, lower taxes, anti immigration, religious right, etc. I'm reminded how my econ professor would say that hardened bootleggers and hardcore Christians would pretend to be friends just long enough to vote to keep alcohol illegal.

I feel like the Dems should have an easy time in the next elections if they don't fumble it given the current state of things. On the other hand, they seem to purity test each other in ways that make such a coalition harder to attain.

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

#662

Earlier quoted context omitted.

it’s a repeating negotiation so that’s not always true, this tit for tat approach may work to make the US lower tariffs.

am curious, what is it you think they are really negotiating?

renewal of usmca and trade agreements

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

#663
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…

Not absolutely everything. You can make a very strong negative claim without hyperbole, and be a more trusted source in the process.

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

#664

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".

My Bangladeshi immigrant mom and her sister are complaining on Facebook that they were "good Democrats" until "Obama, AOC, and Bernie" brought their "radicalism." Democrats wave away this stuff as "performative," but people feel it viscerally and it subdivides and splits the coalition.

Most people don't vote based on policies and data. They are naturally skeptical about whether your five-point plans are actually going to have the intended effect. Instead, they vote based on their assessment of your judgment and whether you broadly share their ideas about what "good" and "bad" are.

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

#665
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]

Tariff is a naughty word because of its proven negative side(main) effects.

Not all taxes are equal. Regressive ones suck.

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

#666

Earlier quoted context omitted.

[flagged]

I'd argue more largely that the right is a loose coalition of people with differing goals...whether it's conservatism, lower taxes, anti immigration, religious right, etc. I'm reminded how my econ professor would say that hardened bootleggers and hardcore Christians would pretend to be friends just long enough to vote to keep alcohol illegal. I feel like the Dems should have an easy time in the next elections if they…

The current US right is a hodgepodge in terms of what they love, but for Trump's victories was unified by who they hate.

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

#667

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…

I am an American and I support the actions of your government as well. Capitulation never works against a bully--they will always come back for more.

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

#668
post #665

Earlier quoted context omitted.

[flagged]

Tariff is a naughty word because of its proven negative side(main) effects. Not all taxes are equal. Regressive ones suck.

It's not "proven." At the 10,000-foot view, the magical market theory folks implemented their ideas about free trade since Reagan. And who is happy with the result? Tariffs were a core policy of the United States from Alexander Hamilton through Lincoln to the early 20th century and, empirically, they worked pretty well!

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

#669
post #365

The average American suffers being hated for this government and I say this currently sitting in a town filled with fly in rich American tourists to keep it alive. IMO the only retaliatory pain point for Americans to start to care will be taxing discounted oil, electricity, fertilizer, and transits of everything to Alaska. But they’ll just blame rather than support Canada. I don’t like Doug Ford or his policies but h…

SK catching a stray here undermines the unity we are seeking. Uranium and potash from SK are huge bargaining chips. AB separatism is meaningless and it's emphasis and influence is propped up by Canada's adversaries.

What unity? They didn't take American liquor off the shelves during the last round of this mayhem unlike every other province, we have no reason to expect solidarity this time.

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

#670
post #665

Earlier quoted context omitted.

[flagged]

Tariff is a naughty word because of its proven negative side(main) effects. Not all taxes are equal. Regressive ones suck.

Tariffs are only regressive on the collection side. The redistribution side can be as progressive as you want, more than offsetting regressive collection if you wish.
Post reply on HN