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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

#681

Post by atoav »

edgyquant wrote: post #673
brightball wrote: post #641

Earlier quoted context omitted.

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…

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Really? I know people in the hardware space for whom the tariffs have been an unmitigated disaster. They had to go through a lot to not lose their customer base outside the US. I have seen many US-people with businesses swearing about that admin, especially the smaller ones.

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

#682

Post by tgsovlerkhgsel »

microtonal wrote: post #252
tgsovlerkhgsel wrote: post #83

Earlier quoted context omitted.

The EU also stopped enforcing its laws (like DMA and GDPR) against US tech companies.

You mean how they fined Google for 890 million under the DMA on July 23, 2026? Or how the Dutch AP just fined Uber for 825 million a few days ago under the GDPR?

The very fine you mentioned should have already been issued in March according to https://www.heise.de/news/Stopp-von-Google-Strafe-Schwere-Vo... (Heise is one of the most reputable German IT news platforms).

Apple recently received a very favorable settlement instead of serious fines and enforcement actions for blatantly refusing to follow the DMA for the entire time it was in force.

In November 2025, they were working on gutting GDPR; I don't know what exactly actually passed so far.

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

#683

Post by YZF »

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 a fellow Canadian. Our neighbor is the world's biggest economy. Despite their current "challenges" they are still very close to us in values and culture. Our paths are interlocked. We are not going to decouple from the USA and it's not in our interest to do so.

When a Canadian new grad is faced with an option of going to work in SV or in China which do they prefer? Between Chinese values and American values which do we prefer? A society with no freedom of speech? Where people are arbitrarily jailed if they voice an opinion against the government? Where the government places citizens in concentration and re-education camps and runs them over with tanks? I mean to me the choice is clear.

How many large American companies have offices in Canada? How many people and what slice of the economy does this support? Lots.

So yes, the US has drifted and is drifting from the ideal. And maybe it was never the ideal. But it's much closer to us than China in every imaginable facet and will likely remain so for the next many decades. We need to filter the noise out, definitely stand firmly for what we believe in, but also compromise and look at the longer term.

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

#684

Post by tpm »

jdeisenberg wrote: post #538
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.

Possibly waiting for a reasonable replacement for US tech. For example, if the US should decide to shut off MasterCard and VISA services to Europe, it would create non-trivial difficulties for the European banking system.

The banking system would probably be fine, only card payments would suffer but there are mostly already alternatives available.

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

#685

Post by Grombobulous »

p91paul wrote: post #582
armada651 wrote: post #454

Earlier quoted context omitted.

Everyone is banking on the current trade policy simply being temporary and whoever replaces Trump in the White House next will restore bilateral trade to normal. Why would you destroy your trade relation with the U.S. for decades to come when you can just ride out a bad deal for a few years? Not saying I agree with it, because it sends the wrong signal, but I can understand the reasoning at least.

What I fear is Trump didn't break any promise done to their electors by starting this trade wars (he did when he failed to stop actual military wars and started more instead, but that's a different point). He was elected by stating that America was the greatest country in the world and that the others were freeriding on US wealth. I'm not sure his successor can entirely overturn this policy, if a majority of the US v…

I agree with you partially, although there’s some irony in the sense that a lot of what Trump’s voters want on paper is closer to the Democratic Party’s policy agenda.

Look into the policies and results the Biden administration had on American manufacturing versus the contraction in American manufacturing caused by tariff implementation. Biden even invested heavily in infrastructure in red states just because it was good positive ROI policy.

Now we see Democratic Socialist politicians like Zohran Mamdani doing things like cutting permitting red tape on small businesses and it’s the exact kind of thing the Republican Party claims it stands for.

The Tax Cut and Jobs Act actually raised taxes for lower wage Americans and increased the budget deficit, the exact opposite of typical Republican talking points on those subjects.

We have to remember that in a lot of cases, policy is not the same as messaging. This is especially pertinent in personality cults. This something the US hasn’t really experienced in the US presidency in quite some time if at all, and that has made it a…unique…experience. The idea of consistent policy is currently meaningless, because it’s all about whatever is on the demagogue’s mind today.

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

#686

Post by Grosvenor »

8note wrote: post #609
gWPVhyxPHqvk wrote: post #375

Earlier quoted context omitted.

> I will say with conviction no matter who is in office by then will not rebuild trust around the world in their tenure. Too much damage is done to the US's reputation. The only way that the US can start rebuilding this trust is that the incoming Democratic President and Congress (assuming we are so lucky) immediately starts by prosecuting Trump and his family (and results in actual jail time, not just fines or small…

That still will not convince anyone to trust the US. At any moment a new US president and congress can come in and do the same thing. a de-nazification program similar to germany post-WW2, combined with a shredding and full rewrite of the US Constitution by western allies to bring it in line with estonia's as an example, in addition to clearing house with the Trumps is the kinda thing that would start building trust

Why bring the constitution in line with Estonia's? What's special about them?

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

#687

Post by mullingitover »

disgruntledphd2 wrote: post #453
blitzar wrote: post #434

Earlier quoted context omitted.

> trade barriers for US goods and services are the trade barriers in the room with us?

To be fair, EU standards prevent the sale of lots of US products so that point, while misleading, is not entirely incorrect.

It goes both ways. You can’t buy an Iberian ham that’s fully compliant with EU standards and take it back to the US because it’s not USDA certified. It’s arguably the same flavor of backdoor protectionism involved.

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

#689

Post by esseph »

edgyquant wrote: post #673
brightball wrote: post #641

Earlier quoted context omitted.

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…

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Everybody I know in construction, especially larger scale, is losing their minds because nobody can bid on jobs without risking loosing their shirts. Tariffs could hit somewhere between the bid and the time the job starts and could increase material costs by 150-200% and could cause more delays. It's been like this for 2 years or so and they're losing their minds.

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

#690

Post by dennis_jeeves2 »

kjellsbells wrote: post #190

If Alice and Bob strike a deal then Alice must be confident that an acceptable subset of her interests are met and that Bob will stick to the deal. If Bob shows evidence of not sticking to deals, there's little point in Alice striking any deal.

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