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…
PMI is a sentiment survey of 400 manufacturing executives. Vibes only.
Canada will match US tariffs 'dollar for dollar' as trade talks break down
801–810 of 1001 posts
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#802Everything 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…
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#803Earlier 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…
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#804Earlier 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…
Manufacturing has never really declined in US, not in absolute terms. It's simply facing the same fate of agriculture: automation. Politicians want to sell to people they can bring back manufacturing jobs, but it's not like in china they making cars or batteries or chips by hand. It's all automated everywhere.
> it's not like china they making cars or batteries or chips by hand
That was true a while back but less so now. Chinese companies are moving to "dark factories", which can function autonomously without humans (hence no need for lighting).https://www.reddit.com/r/ArtificialInteligence/comments/1jci...
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#805Earlier 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
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#806Earlier quoted context omitted.
That not how politics works. It is much slower and hidden process. EU fast tracked Mercosur and other trade deals. China and Japan is slowly dumping US treasury bills, Canada is in open trade confrontation and is diversifying toward China. Everybody is shifting away from US weapons suppliers. Nobody is willing to help with Iran even on symbolic level.
That's happening. The rest of the world is moving away from the US as a trading partner. Trump is just too flaky to deal with. Canada now exports oil to China instead of the US, for example. The EU is moving towards self-sufficiency in financial services. What the Trump Administration does not get is that the US is no longer central to the world economy. Everyone else has a lot more productive capacity now. Trump is…
Lol >90% of our oil exports still go to the US. China could be good to grow our exports but it's not replacing the US.
https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/ma...
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#807Earlier quoted context omitted.
Europe/EU are highly reliant on the US military and these issues are linked.
For what? Defense against Russia? I suspect that if my country gave Putin what we give to the US - military bases where they can do whatever they please no questions asked, real-time intelligence access, unofficial favored supplier status for anything that might be control-relevant, quiet veto power over any national policy decision deemed "strategic" - then we wouldn't have to worry about invasion - from Russia anyw…
If you don't get it, I am talking about the Russian naval base on Crimea that helped directly in taking over Crimea.
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#808It's time to show a "tariff" portion as its own amount so that people who support the traffis can see exactly who has to pay it. It's them.
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#809Earlier quoted context omitted.
Appreciated! But please get out and vote! And please convince all of your sensible friends, family and neighbours to do the same!
Vote for who or what exactly? Both parties are completely corrupt. I'd vote for the guy running for Senate in Michigan. But I'm not stupid. The Democratic Party is identical to the Republican Party for anything that matters. Ultra fast imperialism or just fast imperialism. Hopeless situation.
Well they're at least not identical when it comes to tariffing your friends!
Re: Canada will match US tariffs 'dollar for dollar' as trade talks break down
#810Earlier quoted context omitted.
Appreciated! But please get out and vote! And please convince all of your sensible friends, family and neighbours to do the same!
Vote for who or what exactly? Both parties are completely corrupt. I'd vote for the guy running for Senate in Michigan. But I'm not stupid. The Democratic Party is identical to the Republican Party for anything that matters. Ultra fast imperialism or just fast imperialism. Hopeless situation.