Why pick a fight that you know you can't win? And was Trump wrong to do this given they have been eating our lunch for years?
The tariffs are a much bigger threat to Canadian businesses than theirs are to ours. Roughly three-quarters of Canada’s exports go to the United States, accounting for nearly a quarter of its GDP. This exposure dwarfs anything the U.S. faces in return, given that Canada’s economy is a fraction of the size of its southern neighbor.
Repubs , though, may lose ground wih the midterms as Canadaian businesses affected by he tariffs may increase some prices for us.
@AverageJoe1 saidYour thread title is contradictory. Canada cannot both be starting a battle and retaliating.
Why pick a fight that you know you can't win? And was Trump wrong to do this given they have been eating our lunch for years?
The tariffs are a much bigger threat to Canadian businesses than theirs are to ours. Roughly three-quarters of Canada’s exports go to the United States, accounting for nearly a quarter of its GDP. This exposure dwarfs anything the U.S. face ...[text shortened]... und wih the midterms as Canadaian businesses affected by he tariffs may increase some prices for us.
@Indonesia-Phil saidNo, contrare'
Your thread title is contradictory. Canada cannot both be starting a battle and retaliating.
OK, I could have tempered my commment by saying, instead of 'cannot win, that Canada is in a weaker bargaining position. You are confusing initiating a fight with responding to one. Canada , could absolutely be retaliating while also choosing to escalate the conflict. My argument isn't that Canada fired the first shot. It is that theyy may be making a strategic mistake by choosing to keep shoooting.
@AverageJoe1 saidHardly. Carney is a hero for standing up to the Orange Blob.
No, contrare'
OK, I could have tempered my commment by saying, instead of 'cannot win, that Canada is in a weaker bargaining position. You are confusing initiating a fight with responding to one. Canada , could absolutely be retaliating while also choosing to escalate the conflict. My argument isn't that Canada fired the first shot. It is that theyy may be making a strategic mistake by choosing to keep shoooting.
Trump has already slammed his own economy with his stupid tariffs. His tariffs are anti-American. Other countries don't pay those tariffs. Ordinary Americans who can't afford it do.
Kudos to Carney for saying, "Eat it, Blobbo."
@AverageJoe1 saidDurrrr.....
Repubs , though, may lose ground wih the midterms as Canadaian businesses affected by he tariffs may increase some prices for us.
You think so?
These unadvised tariffs are causing a LOT of people to jump off the disgusting "Trump train".
@AverageJoe1 saidThe Canadian tariffs impact US imports valued at $20 billion, exactly the amount that US tariffs impact Canadian imports. Meanwhile Canada is working out deals with others countries, including China, to lower existing tariffs and increase economic cooperation.
Why pick a fight that you know you can't win? And was Trump wrong to do this given they have been eating our lunch for years?
The tariffs are a much bigger threat to Canadian businesses than theirs are to ours. Roughly three-quarters of Canada’s exports go to the United States, accounting for nearly a quarter of its GDP. This exposure dwarfs anything the U.S. face ...[text shortened]... und wih the midterms as Canadaian businesses affected by he tariffs may increase some prices for us.
And there's the other thing: Canada's leaders have the full backing of the citizenry in this fight, whereas King Trump most certainly does not. Everyone knows the entire trade war was started by Trump on the basis of lies, distortions, and (most importantly) his hurt feelings over Canada's lack of deference to him.
Oh yes, another thing: an election is coming up in November in the US. The trade war will do Trump's party no favors (and it is totally Trump's party—ordinary people have no sway).
I'm seeing a very real possibility that much of the world could come into cooperation to retaliate with heavy tariffs on US goods. Canada, the European Union, and China combined could bring the King down if they so chose. But other nations are run by grown-ups, and it seems there's a general recognition that MAGA's days are numbered.
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@Soothfast saidYou’re right that Canada is matching the latest U.S. tariffs dollar-for-dollar. But that that doesn’t make the economic consequences dollar-for-dollar. The important question isn’t simply how much each country tariffs; it’s how dependent each economy is on the other. Canada sendsroughly 70% of its exports to the United States, while the U.S. economy is vastly larger and far less dependent on Canada as a single market. That gives the two countries very different levels of vulnerabilityu
The Canadian tariffs impact US imports valued at $20 billion, exactly the amount that US tariffs impact Canadian imports. Meanwhile Canada is working out deals with others countries, including China, to lower existing tariffs and increase economic cooperation.
And there's the other thing: Canada's leaders have the full backing of the citizenry in this fight, whereas Kin ...[text shortened]... ions are run by grown-ups, and it seems there's a general recognition that MAGA's days are numbered.
Look at it this way. Our tariffs are 20 billion in Canada's retaliation is 20 billion, but that does not establish equal economic impact.
@AverageJoe1 saidAnd.....
You’re right that Canada is matching the latest U.S. tariffs dollar-for-dollar. But that that doesn’t make the economic consequences dollar-for-dollar. The important question isn’t simply how much each country tariffs; it’s how dependent each economy is on the other. Canada sendsroughly 70% of its exports to the United States, while the U.S. economy is vastly larger and ...[text shortened]... 20 billion in Canada's retaliation is 20 billion, but that does not establish equal economic impact.
Why are we having a trade war again?
@AverageJoe1 saidAnyway I'm not sure you understand.
You’re right that Canada is matching the latest U.S. tariffs dollar-for-dollar. But that that doesn’t make the economic consequences dollar-for-dollar. The important question isn’t simply how much each country tariffs; it’s how dependent each economy is on the other. Canada sendsroughly 70% of its exports to the United States, while the U.S. economy is vastly larger and ...[text shortened]... 20 billion in Canada's retaliation is 20 billion, but that does not establish equal economic impact.
Actually I am sure.
My point was that the tariffs Canada imposes on US products will effectively recoup the losses incurred by the tariffs the Manchild-in-Chief has ordered (by legally dubious means). Canadian officials have already stated that the revenue raised from their retaliatory tariffs will go toward compensating those segments of the economy impacted by Trump's (legally dubious) tariffs.
It's a wash, in other words. That the US economy is much larger than Canada's has no bearing on the issue. Only the ordinary consumer loses, and all because Little Donny's fee-fees were hurt.
@Soothfast saidWhen both sides are imposing tariffs in retaliation for the other side’s tariffs, that is, by definition, a trade war.
And.....
Why are we having a trade war again?
Why?
We’ve been giving Canada extraordinarily valuable access to the world’s largest consumer market while Canada has been able to sell us considerably more goods than we sell them. Trump, and Washington for years, have tolerated that imbalance for years and is now demanding a better deal. It’s business, don’t you see. Libs know nothing about business.
Remember that Obama and Bush and Clinton and Biden, none of them ever looked at the world’s stage regarding Iran, or Canada‘s imbalance, or the many other things that Trump has stood up for.
Trump is standing up Biden, he sat down.
Riiiiiigggghhht…..
@Soothfast saidA wash?????
Anyway I'm not sure you understand.
Actually I am sure.
My point was that the tariffs Canada imposes on US products will effectively recoup the losses incurred by the tariffs the Manchild-in-Chief has ordered (by legally dubious means). Canadian officials have already stated that the revenue raised from their retaliatory tariffs will go toward compensating those segme ...[text shortened]... g on the issue. Only the ordinary consumer loses, and all because Little Donny's fee-fees were hurt.
Did you miss the math above a few clicks. You think thre $20BH for each country equates to equal circumstances!?!?!?!?!? Who hell are we conservatives having to debate with on dollars, etc??
Try again...
You’re right that Canada is matching the latest U.S. tariffs dollar-for-dollar. But that that doesn’t make the economic consequences dollar-for-dollar. The important question isn’t simply how much each country tariffs; it’s how dependent each economy is on the other. Canada sendsroughly 70% of its exports to the United States, while the U.S. economy is vastly larger and far less dependent on Canada as a single market. That gives the two countries very different levels of vulnerabilityu
@AverageJoe1 saidSo US consumers and businesses are buying more Canadian products than Canadians are buying US products.
When both sides are imposing tariffs in retaliation for the other side’s tariffs, that is, by definition, a trade war.
Why?
We’ve been giving Canada extraordinarily valuable access to the world’s largest consumer market while Canada has been able to sell us considerably more goods than we sell them. Trump, and Washington for years, have tolerated that imbalance for yea ...[text shortened]... gs that Trump has stood up for.
Trump is standing up Biden, he sat down.
Riiiiiigggghhht…..
Why is that, do you think?
This looks like the free market in action, yes? Something you always uphold as the paragon of virtue; the most just and fair arbiter of commodity valuation. Now you want Big Gubbamint to step in and interfere with all that? You socialist rat bastard!
Maybe the US should make better products that Canadians actually need, yes? There's nothing reasonable in forcing a country to buy crap it doesn't need or want. Unlike many other countries, the US has pissed away the bulk of its manufacturing base through free-trade agreements and minimal tariffs for decades. That's on Uncle Sam for being short-sighted and greedy for short-term economic boosts, not Canada for keeping its eye on the ball and planning ahead further into the future than the next election.
@AverageJoe1 saidWhile it's true that how much money the US and Canada rake in with their respective tariff regimes may not come out exactly the same (it probably won't), the point is that it's likely to be not far off the mark. Tariff revenue is collected by governments, and the Canadian government is prepared to pass its revenue on to those businesses that are losing export revenue because of the US tariffs.
A wash?????
Did you miss the math above a few clicks. You think thre $20BH for each country equates to equal circumstances!?!?!?!?!? Who hell are we conservatives having to debate with on dollars, etc??
Try again...
You’re right that Canada is matching the latest U.S. tariffs dollar-for-dollar. But that that doesn’t make the economic consequences dollar- ...[text shortened]... t on Canada as a single market. That gives the two countries very different levels of vulnerabilityu
You know, this is really pretty simple once you decouple your sense of self-worth from your moronic opinions and spoon-fed Fox News propaganda. Your brain is twisted into pretzel knots over a third-grade math problem because you're not intellectually honest—not even with yourself.
Is Little Donny going to reimburse US businesses hurt by Canadian tariffs?