Counter-measures covering several sectors come after Trump announced 50% tariffs on Canadian goods
Canada’s retaliatory tariffs on billions of dollars’ worth of American imports have come into effect, escalating a trade fight that has been marked by intensifying tensions between US president Donald Trump and Canadian prime minister Mark Carney.
The tariffs took effect at 12.01am on Tuesday, and range from 15% to 50% and apply to products covering $20bn in imports from the US. The measures target sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics – industries that have been most affected by US tariffs.
The retaliatory tariffs come “as a result of the United States’ decision to impose a 50% tariff on $20bn of Canadian goods effective August 22”, the Canadian government said.
The best would be to finally switch our manufacturing industries to the metric system. That way, we will be safe when the deliberate commercial bullying will be over.
The world should follow Canada, fucking crush the Americans Nazi economy. Put an end to funding the war mongering cunts.
We haven’t even cut off Russia from international trade. Just a few Russian billionaires and specific military goods and oil exports.
An actual embargo would have ended the Ukraine war years ago.
What are the odds anyone will do something meaningful against the US? Almost non existent. No nation is willing to sacrifice the tiniest bit of comfort for the good of humanity.
Fuck the US. It’s time we moved on.
They’ll be crawling back with apologies that Canadians will benefit massively from in a couple of years.
Even if they did, it’d be too little too late
I highly doubt that, in a future with a less cunty US government it serves no one to hold a grudge.
Be careful about what’s offered, sure, but grace beats spite every time.
Maybe not a grudge, but America will never gain our trust again.
Only the sith deal in absolutes.
So I guess I’m part of a fictional religious group now. Come back to reality and do something about the current situation
Like I said, absolutes are for idiots.
You’re talking about the current situation, as you say, im talking about how it’ll go down the line.
It’s not just the current administration. Trump is a symptom, not the cause. He was elected……twice.
Fuck the US.
And yet, watch what happens.
What you’re saying feels good in the moment, you’re right about that.
If you can’t trust a treaty to hold over time/presidents, each fair deal must be immediately transactional.
The Trump deal was already worse than the previous one, a new one will need be even worse.
Why would they be?
Trump’s deal is bad because he’s economically illiterate and has chosen to follow the advice of a crackpot economist. That doesn’t mean every future US administration will share his priorities or approach to trade.
A subsequent government could quite reasonably decide that rebuilding a stable, mutually beneficial trading relationship with Canada is in the US interest.
Canada would be right to be suspicious and play hard to get at that point, and when that happens they’ll probably do quite well out of it.
A subsequent government could quite reasonably decide that rebuilding a stable, mutually beneficial trading relationship with Canada is in the US interest.
They could, but at any time another president can tear that agreement up and start another trade war. That’s the whole issue — the US can no longer be trusted to adhere to agreements beyond 2/4 years.
Yeah totally, but it wont stop them from happening, it’ll just reframe the negotiations and the specifics they eventually land on.
And likely heavily in Canadas favour.
Canada raises prices on American goods: Canadians buy elsewhere
America raises prices on Canadian goods: Americans get fleeced by their government.
Well one difference I can see is that for most of these trade wars the US were putting tariffs up against basically all foreign trade partners so that makes it that much harder to just buy elsewhere
I sure hope Canada has a decent military that doesn’t rely on American equipment.
