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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

#711

Post by bryanlarsen »

win311fwg wrote: post #371
fidotron wrote: post #173

Earlier quoted context omitted.

There is also the factor that Canada has been propping up unsustainable dead end industries on a massive scale for years, and that this will make any pain from such a situation, deal or no deal, that much worse. Most obviously Southern Ontario is living in a dreamland where inexplicably ICE autos remain a viable industry ad infinitum. Some forced reality, by any means, will in the long run prove to be welcome.

Autos are more obvious than the dairy industry, even though Trump claimed a couple of days ago that the reason there was an imminent deal is because Canada allegedly agreed to eliminate dairy tariffs? Trade negotiations have stalled almost certainly because Canada isn't actually willing to give up dairy tariffs.

Besides dairy, one of the last major quota based protected industries in Canada was the taxi industry. It's interesting to compare and contrast the two. It used to be that if you could put together enough of a down payment to get a loan to pay $1M for a taxi license or for a quota allocation for 20 cows you'd be set for life, as long as you were willing to put in long hours. We had no qualms throwing the taxi drivers under the bus, but are willing to go to the mat for those dairy producers. Is it because taxi drivers were mostly brown skinned?

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

#712

Post by conception »

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…

[flagged]

Then every founder you know has no idea how policy should be done. There’s a difference between having a pro manufacturing policy and applying tariffs and trade wars ad hoc based on how you feel slighted and giving no warning to any businesses nor having any sort of stability to your plans for any sort of appreciable time in the future. Also, the whole announced news on Friday changed it on the next week so that whoever is betting on the stock market can make some money also is not great for a pro manufacturing base. It’s all a grift and your buddies are dupes to believe in it.

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

#713

Post by shoopadoop »

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]

Huh? Check out the Twitter feeds of your favorite Republican or Republican-aligned personalities. It's racial or nationalistic dog whistles all day every day.

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

#714

Post by unethical_ban »

BobbyJo wrote: post #703
Spooky23 wrote: post #603

Earlier quoted context omitted.

[flagged]

[flagged]

I recommend this short piece, "The Missing Mood"[0]. It describes the concept that the motive and behavior of someone as it relates to a proposed set of actions is important. e.g. Someone proposing war might be correct, but one hopes a war hawk laments the need to go to war, vs. celebrating it and being bloodthirsty.

Fox News ideology may at times declare opinions that, in complete isolation, might seem reasonable. "Border control", "safe streets", "responsible government" etc. But they approach it from a place of exaggeration and lies, and an outright visceral anger and hatred toward migrants, trans people, etc. They ignore other activities that might be troublesome. Such as ignoring GOP sex offenses, GOP bribery in the oval office, unconstitutional actions by their executive, or needless wars that cost half a trillion dollars and weaken the US' national security.

So I agree with your parent comment, that Fox News and many of its viewers pick and choose what to say they're angry about, either out of intellectual dishonesty or, in the case of the viewer, outright ignorance or deeper thought about the whole picture of the government and society right now.

[0] https://www.econlib.org/archives/2016/01/the_invisible_t.htm...

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

#715

Post by enraged_camel »

overfeed wrote: post #678
rayiner wrote: post #655

Earlier quoted context omitted.

[flagged]

> Taxes are good! Add that to the list of things I thought I'd never hear a conservative say. Say what you will about the man, but Trump's takeover of the mainstream conservertive movement has been thorough, and eerily cordyceps-like.

>> Add that to the list of things I thought I'd never hear a conservative say.

Rayiner is a bad-faith troll who thinks he is being clever by doing the whole “oh, I thought you wanted to raise taxes, liberal??” thing. He does not actually think taxes are good.

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

#716

Post by water-data-dude »

A few months prior to the midterms is exactly the right time for this sort of action. If the voters keep seeing prices increase because of Trump's tariffs, it increases the odds that the republicans will lose the legislative branch and will be able to act as a check on Trump's power. Ideally some other countries will follow suit.

This will cause some short term pain for Canada, but hopefully they'll have a less insane trading partner after November.

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

#717

Post by unethical_ban »

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

I think the above person is correct, and you are on the right track.

I'm not hopeful for a full Constitutional Convention, but every possible effort by any means must be made to put into law every "unwritten norm" that the Trump administration took advantage of.

Impeachment is the mechanism to remove a rogue president, and the entire GOP is party to a "soft coup" against the Constitution of the United States. I agree it will take a complete societal rejection of MAGA and the Unitary Executive theory for allies to ever trust the US again.

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

#718

Post by jppittma »

TheSkyHasEyes wrote: post #437
seydor wrote: post #132

Earlier quoted context omitted.

Pushing back against a US that is at this point economically and militarily dominant does nothing. It might push for cooperations outside the US-sphere.

> It might push for cooperations outside the US-sphere. BRICS is just that for oil. The US is not indefatigable. As of March 2026 the nine largest foreign holders of US Treasury securities are Japan, UK, China, France and Canada. All nations the US is jerking around. If they dump bonds US in big trouble. Oh, and the US is almost $40T in debt.

Yeah, but that's a suicide pact. In order to sell us debt at a loss, they have to take a loss.

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

#719

Post by Merad »

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'm not sure how old you are, but shortly after Obama took office in 2009 there was quite a bit of reporting claiming that the Bush administration had been so disastrous and young people had been so thoroughly poisoned by Republican policies, that it would likely be a generation before the Republicans had the chance to win the presidency again. Remember, Bush left office in the depths of the Great Recession. Instead, it took less than 8 years for us to get MAGA.

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

#720

Post by cmrdporcupine »

ricardobeat wrote: post #274
cmiles8 wrote: post #135

Its nice to see some backbone, but the challenge for Canada is that it’s broadly in a weak negotiating position here. Generally speaking Canadian companies need access to the US market a lot more than US companies need access to the Canadian market.

One would think so, but is that really true? Some numbers I just got: - the US imports 60-70% of its oil from Canada - 100% of the natural gas - 85% of energy imports - 25% of Uranium - 20% of all mineral imports, ahead of China - the Great Lakes hold >80% of the USA's fresh water - patrolling the almost 9000km border is mostly up to Canada Despite the size disparities, they run close to a trade equilibrium: US expor…

Notably, none of the goods you just mentioned about (energy imports, uranium, potash, etc.) have had tariffs applied by the Trump regime because they know all this. And it would be political suicide to apply an export tax on them.

No, instead the Trump tariffs have specifically targeted the regions of Canada that a) elect left of centre governments and/or b) have manufacturing economies.

So Ontario's auto sector, BC's forestry, and Quebec's aluminum and aerospace sectors.

Meanwhile Alberta and Saskatchewan -- which have compliant quite honestly pro-Trump governments -- have only 2% of their exports currently impacted by tariffs.

It has the look of an attempt at regime change, masquerading as economic policy.

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