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They should have made it 26%. Trump wouldn't be able to resist upping it to 27%, and they could just spend a day reaching the logical, yet stupid, conclusion to this mess.
If this escalates, wait until Canada decides to stop buying US made weapon systems. It will be expensive and time consuming to retrain, but the US is not a reliable defense partner under the neo-Nazi GOP. The US MIC must see the writing on the wall.
American here.
Don't counter with tarrifs. Counter with embargoes. Trump loaded you a gun and handed it to you. Pull the fucking trigger already.
Counter by decriminalizing everything to do with violations of US intellectual property. Ignore all US patents. Let Canadian drug companies make pharmaceuticals without having to pay for a US license. Let repair shops disable the DRM systems that prevent HP printers from accepting any old generic ink. Let Canadian broadcasters show US movies and TV shows without kicking back money to Hollywood. Let Canadian farmers repair their tractors without first kicking back money to John Deere. Allow anybody who wants to to jailbreak iPhones, and sell kits that allow other people to do that. Free Canadians from having to kick 30% of every purchase back to Apple in California.
We're doing both. Both BC and Ontario are cutting off American Booze. That's gonna hurt American company's hard.
My hope if Trump keeps it up we cut off the power, and better yet the gas. Although that might make him try to invade or something.
Up next will be him calling Canadians Nazis and trying to annex Quebec.
My hope if Trump keeps it up we cut off the power, and better yet the gas. Although that might make him try to invade or something.
I think US history is clear. Mess with the US oil supply and you get the smoke.
I get what you're saying, but the US being Canada's biggest trading partner would absolutely destroy Canadian economy right together with the US economy
The Canadian economy will be ruined by any kind of half-measures.
Don't negotiate with a fascist state. Cut them off, recall ambassadors, and cease all joint military operations.
Trump will never do anything to benefit Canada, so why give him an ounce of cooperation?
You know what's frustrating in all that? Is that our leaders won't do jack shit to diversify the economy.
Nothing has changed much during COVID and nothing will change now.
People will suffer and nothing will change.
Countries trade with the countries closest to them because the realities of logistics overpower politics or whatever ideals people might have. There are a few exceptions of course. Cuba doesn't do a lot of trade with the countries closest to them. But they aren't doing that well. The UK had an idea about diversifying their trade to be more about trade with non-european countries, but that didn't go well either.
Geography is a bitch. You can't physically move a country to another part of the globe, you have to deal with the countries near to you whether you like it or not.
Grow a spine and make it 100 percent. The quicker trumps masters learn it wont work the better.
That's an emotional response. You don't win with emotion, you win with a pragmatic strategy.
Tariffs hurt the country imposing them the most
Go tell that to the idiots who think that the tariffs are paid by the companies exporting the goods.
honestly countries affected should just go the nuclear route and embargo the US. in retaliation. Canada especially.
Yes it will fuck both sides, but it'll get the point across these tariffs are stupid
The very best thing that can happen for our future is for these tariffs to have disastrous consequences. It will suck for all of us and people will suffer needlessly, but we're here because people have lost all sense of consequence and think this is all semi-fake WWE roleplay and that their "side" is somehow destined to win some great ideological battle.
If we crash and burn as a nation and hit a new great depression, I like to think that people may generally put more thought into who they elect to represent their needs.
Either way we're cooked, so I would like to see some good come from this.
Stockpile about a month's worth of food and fresh water and get a gun.
So from the conservative viewpoint, what is the rationale for the tariffs? Are people really supposed to believe it has something to do with fentanyl? Like do conservatives actually believe that or is there some other narrative besides Donald Trump is looking to flex his power?
It's not conservatism, it's fascism. The strongman says jump and those loyal to him say "how high?" even when he's being stupid. There is no analysis of Trump's actions or why people go along with it beyond that.
For the most part it's not getting the kind of attention you might expect, they are seeing this as all "part of the plan" and celebrating their great trade-warrior leader punishing the "bad guys" and the white house has deliberately withheld a LOT of the information about what's going on. Most of the breaking stories we've gotten have been from foreign press. We didn't even hear the tariff schedule until fucking France media issued stories.
There is not going to be the satisfaction we all hope for, not until there's literally a new dust-bowl as we get ravaged by a new great depression, which as bad as it could be, might be our only hope for a more balanced political system going forward. I hate that these clowns have made me into an accelerationist but here are.
Yeah I'm confused because this is going to ruin American billionaires. Doesn't maga worship billionaires?
Back in 1890, there was no income tax. The federal government was funded through tariffs. With the upcoming rewrite of the tax code, the current administration needs new revenue, and trariffs are one of the few the president cab levy unilaterally.
Personnaly I would put a mirror tarrif. Tax the stuff going out to USA. Canadian economy will slow down, don't make life more expensive for Canadians. And that way Americans might notice it faster if they pay 50 percent more.
The problem here, specifically, is that once imported items go up in price, there needs to be regulations that blocks local manufacturers from just upping their prices to match. Otherwise the imported items are still a viable purchase and tariffs will not work as a counter measure.
Does this break/invalidate the existing free trade agreements between the countries? Does this mean that NAFTA and TRUMPFTA are now void?
No, silly, this means America is Great Again. /s
I don't think it's void exactly - there's some stuff around visas that's still active. But yeah, as far as being a trade agreement it's pretty worthless.
So from my understanding and the consensus from Reddit/Lemmy when Trump first announced tariffs is this will only hurt consumers because the companies will pass the cost onto the consumer. Now that Canada is doing the same does this means that they are also passing a secret tax to their consumers as well? I'm not Canadian but I thought they were having a hard time with their economy right now so is this the best move to make for the consumer?
Nobody sid it would only hurt consumers
It would hurt consumers first which is why the majority of the canadian tariffs are delayed 21 days
Trump is putting tariffs on things Americans buy from overseas that he believes should be made in America. The gamble is that companies that makes those products will choose to open factories/production in the US in response to the tariffs, which will create new jobs and growth in the country.
In comparison, retaliatory tariffs suggested by Trudeau and Sheinbaum are going to impact high demand goods that Americans import that would be very difficult to source in the US (or elsewhere in the world) in the short term. There is unlikely to be significant impact to the Canadian or Mexican economies because Americans must purchase those items and absorb the extra costs.
An example is cars, which can move back and forth across the border many times during assembly. Car manufacturers must simply absorb those extra costs due to the tariffs now.
I imagine you have a fridge, a stove, and know how to cook. Sometimes you cook at home, sometimes you eat out.
Let’s say that you want to stop eating out, or maybe save money, or maybe you do it just because it’s fun: each time you order out, you put 25% of the bill in a jar at home.
Eating out becomes more expensive for you (now that you need to pay the jar), but the restaurant makes the same money. In the long term, the restaurant might loose out on money if you decide that paying the jar is too expensive and you just decide to cook at home. But hey! You have a jar full of money at home. Maybe you’ll do something with it one day.
Replace the jar with tariffs and cooking out with whatever we buy from around the world and you have what’s happening now.
But a more accurate example for America would replce the kitchen at home with just microwave
America destroyed their manufacturing capacity outsourcing it all and failed to reinvest any of the profit from that move
Factories don't pop up like in the sims games
True. Microwaves, tv dinners, and hot pockets.
That's a good question, but it seems Canada tariffs will not be broad-based like US is doing. Instead limited to items that are either not critical consumer items, or can be sourced elsewhere at similar cost.