Canada and Mexico hit back after Trump signs order for punishing tariffs
Canada and Mexico hit back after Trump signs order for punishing tariffs
Justin Trudeau, Canada’s prime minister, announces tit-for-tat 25% tariffs and warns of impeded access to ‘vital goods critical to US security’
I seem to remember that what the EU did to good effect last time this asshat was president was to place extremely directed tariffs/taxes on specific goods from Trump-friendly areas. Essentially saying "we're going to toll oranges from this specific county in that specific swing state in order to drive a couple specific producers out of business", and then did that across the country. The advantage being that WTO agreements allow you to answer tariffs dollar-for-dollar, so you can respond to wide-reaching tolls that amount to X USD (e.g. tolls on the entire European aluminium industry) with extremely hard-hitting tolls on very specific producers.
We should be doing that again. Don't touch the wider American population, but put all our weight into hitting hard against cornerstone businesses in pro-trump counties. Make them regret voting this guy in thinking it would better their economy.
I think it was on specific goods produced in the states supporting Trump. Yes, this is definitely the answer.
Joke's on you orange pile of dung! I got me a yearly supply of avocados from Mexico! I could afford 5!
If I eat them 1 gram per day and I freeze dry them, I should have avocado for life!
The EU has a trade deal with Canada already, perhaps there is a scope for further improvement?
Maybe send some of it via Greenland. Gotta be cheaper than his stupid tariffs.
Damn it Canada! Tit for tat tariffs are not the answer.
Respond for sure, but now you're taking money out of your own citizens pockets to spite him. That idiotic.
Tarrifs are simple, easy, and can be implemented immediately by the Prime Minister alone. All the other things listed in that comment are fine ideas, but require parliment pass laws, which is going to take time since we're approaching an election. I don't think it's appropriate to wait months before even starting the debate in parliment about what we should do.
There's also no guarantee any of those ideas would even pass into law. I doubt many politicians are keen on tearing up patent and copyright protection so Canadian companies can rip off American innovations.
So what do you suggest should be done instead?
I must admit that I'm curious if there are any goods from Canada that USA depends on. It could be hilarious if Canada chose to tax EXPORTS of such goods. Increasing US prices even more. Problem is I don't think there is much to do that on if any at all.
But an American lumber crisis like 2021 caused by Canadian export taxes undermining the entire US real estate market could be fun. 😋
Maybe Canada could tax oils exports, as USA despite being the biggest producer in the world, is still dependent on huge oil Imports.Examine CUSMA and do the opposite of what the US wanted...
Some others have ideas.
Woah man, slow up with all the downvotes. This is a suggestion to think strategically instead of doing a reactionary show to "look strong". The reactionary show will fuck up small business and the majority of Canadians. Well thought out tariffs and other targeted measures will be more effective.
Thank you, that was exactly my intension.
However, I think that comment is already dead.
I doubt it would ever happen, but they could redistribute the money from those tariffs back to citizens. It would be a net positive for people who choose to get goods made locally or imported from friendly nations.