Summary
Canada will maintain its initial $30 billion (CA$) in retaliatory tariffs despite Trump postponing 25% tariffs on many Canadian imports for a month.
A second wave of tariffs, originally planned at $125 billion (CA$), has been suspended. Ontario will still raise electricity prices for U.S. customers, and B.C. is considering tolls on U.S. trucks going to Alaska.
Trudeau expects a prolonged trade war, following a heated call with Trump.
About 62% of Canadian imports remain subject to tariffs, as Trump pushes for U.S. companies to shift production domestically.
That’s just the art of the deal. Slamming your own dick in the car door.
Hopefully into cybercrap’s razor edge one.
Trump can only dream of this, according to reliable sources.
Keep it up, Canada (and Mexico, too, please). The more pressure from outside, the more likely we can successfully apply pressure from inside to slow/stop/reverse the actions the current US administration takes.
It’s gonna hurt and I’m not looking forward to it, but it’s necessary. The world should remember the lesson from WWII that appeasement does not work and act accordingly.
Absolutely! But it’s not just about the internal pressure. If everyone trump threatens retaliates even when he backs off, and then demands he offer assurances before they do, he looks weak. The one thing he doesn’t want, and can’t afford, is to look weak in front of his base. It won’t work immediately, but if he keeps looking weak on the public stage he’ll either stop making such threats in order to avoid it or lose enough support to matter.
Trump is going to threaten more tariffs again in two weeks anyway, when the market has recovered from the current dump and pump cycle, so it’s just easier to leave them.
It’s not just about what’s easy / simple, it’s also about our politicians understanding that having tariffs is actually less damaging than what Trump is doing.
More than anything, business hates uncertainty. You can invest in an uncertain future. Businesses actively prefer bad to uncertain. A world with tariffs is one where they make less money, sure, but they can factor that in. Raise their prices. Let the inflation happen. They’ll be alright in the end. But a world with the possibility of tariffs, that’s so much worse, because now they can’t respond. Either way they bet, they could lose.
That’s why Trudeau is taking this “Shit or get off the pot” stance. The most important thing is not just to remove the tariffs, but to get a guarantee that they stay gone, otherwise there will be continual economic damage, to both countries, for as long as this bullshit continues.
Of course any guarantee from Trump is nearly worthless, so the reality is that as long as America lets that idiotic narcissist remain in power, there will continue to be damage to both our economies just from the uncertainty his presence creates.
But thats not a problem we can solve.
Trump didn’t promise to keep the tarrifs lifted, only to pause them. You are correct that it’s insane to have a continual 30 day “will he won’t he” tension.
I hate that my syrup is about to get more expensive, but it’s really the right thing for Canada to do.
Yes, that’s my point. Hence why Canada responded by saying “That’s not good enough, remove the tariffs entirely and make a clear promise that they’re not coming back, or else our tariffs will continue.”
Fucking good. We don’t deal in chaos.
Unfortunately, it has quickly become our (the US) primary export.
Yeah but you’re massively increasing your imports of resentment and grudges so it’ll balance out.
Actually I’d say it’s a modest increase in their grudge imports, but it feels like a lot because it’s in English rather than, for example, Arabic or Persian where it can be safely ignored.
ugh…yep 🎉
Tolls on (especially) commercial vehicles transiting BC seems absolutely appropriate. They’re using the infrastructure and maybe paying some tax when refueling.
Maybe there’s already some sort of way these vehicles contribute?
They could ban american trucks from shipping through that region, that would really sting.
They do that already sorta.
I can already see it. “I didn’t start this trade war! Canada did!!!”
Trump would drop a nuke on a country, and say that the other country started it. Even if there was only one nuke being used.
That’s basically his entire stance on Ukraine, at least. He parrots the Russian stance that the war is Ukraine’s fault, because they could have just rolled over and given up after a few days.
who gives a shit what the VP says. im glad somebody’s giving consequences to his constant bullshit.
Fee-Fi-FAFO
Its project 2025, the goal is to get restrictions on the US repealed. So we need to allow them access to our bank, dairy, telecoms, remove the digital service tax, etc…
Just read the document, its clearly crafted by Trump. There is no way the heritage foundation thinks a border wall is an efficient usage of resources, nor is capital punishment an economic policy, they are Trumpisms of things hes convinced himself of over the decades.
the border wall isn’t to keep people out. it’s a symbol. a monument to xenophobia and the culture of terror.
capital punishment isn’t an economic policy. it’s a cultural policy. it’s there to make killing not just a solution, but THE solution.
the tariffs aren’t being put in for money reasons. they’re being put in to strike at an enemy, real or imagined, to steer the fascist horde and direct them outwards, rather than inwards where they might notice how shit things are. to give them an enemy to blame for how shit their lives are that isn’t the parasitic billionaires who fucked everything up.
