CAN-USA 2025 Tariff Strife (split from various pol threads)

[Jarnhamar]

Likely not. But no one here is telling Canadians that tariffs are something they are not.

That's true; we get told things like the budget will balance itself and we believe it heh.

Trump being disingenuous with his explanations seems part and parcel for him.

i learned about them in jr high 30+ years ago. they're not a complicated idea:

Okay. Trump is a multi billionaire, owner of multiple companies, successful tax evader, Trump Organization owner, employer of 20,000+ people, and twice-president. Are you really confident he doesn't understand these non-complicated tariffs you learned 30 years ago in jr high?

 

[MrWhyt]

Are you really confident he doesn't understand these non-complicated tariffs you learned 30 years ago in jr high?

well then he thinks his followers are idiots who don't know what tariffs are. He has consistently claimed that CHINA paid the US billions in tariffs. Tariffs are paid by the importer, china did not pay any tariffs. American companies paid the tariffs and passed the increased cost down to american consumers.

 

[Jarnhamar]

well then he thinks his followers are idiots who don't know what tariffs are. He has consistently claimed that CHINA paid the US billions in tariffs. Tariffs are paid by the importer, china did not pay any tariffs. American companies paid the tariffs and passed the increased cost down to american consumers.

I don't know how tariffs work off the top of my head. I'm sure I could take a few minutes and google it but I'll take your word for it.
I do know the threat of these tariffs kicked out governments ass into panic mode high gear. Rather comical IMO.

I'm going to venture US citizens are less concerned about Canadian tariffs than we are of American ones.

I don't really see it as a gotchya moment against Trump. His supporters care about being lied to as much as our own leader's base care. Which is zero.

 

[MrWhyt]

I don't really see it as a gotchya moment against Trump. His supporters care about being lied to as much as our own leader's base care. Which is zero.

so you admit he's lying to them

 

[GR66]

so you admit he's lying to them

Or to phrase it another way, he's telling them what they want to hear.

We can argue the veracity of his various claims or we can work on dealing with the impact of them. I'm thinking time spent on the latter will be much more productive.

 

[Jarnhamar]

so you admit he's lying to them

I have no idea, probably yes.

 

[Kirkhill]

well then he thinks his followers are idiots who don't know what tariffs are. He has consistently claimed that CHINA paid the US billions in tariffs. Tariffs are paid by the importer, china did not pay any tariffs. American companies paid the tariffs and passed the increased cost down to american consumers.

It kind of depends on how much strength you believe the market has.

If the imported item is scarce and demand is high then the supplier gets to set the price and yes, indeed, the importer absorbs the cost of the tariff and sends it to his government. Just the same way he would send his income tax or corporate tax.

If the imported item has competition and demand is low then the supplier will have to lower the price to the importer so that the importer can still make a profit while sending the tariff to his government.

....

Canada is not for sale ball caps made in China don't have much competition. None domestically. China can pretty much charge what it likes.
WCS oil from Alberta has lots of competition in the US, especially if Trump reopens all the coal mines. Canada will sell at whatever the market will bear.

...

Tariffs are a means of regulating trade to the benefit of the importing nation. It impacts on the ability of a nation to compete, to pay its bills, to keep its people employed.

It is a lever to manage the free market, just as tax policy is.

 

[The Bread Guy]

Pierre Poilievre says he would retaliate against Trump tariffs, reduce inter-province trade barriers if elected

Conservative Leader Pierre Poilievre says he would retaliate against U.S. tariffs if he was elected prime minister, potentially matching them dollar for dollar.

www.ctvnews.ca

A U.S. (generally conservative) media take on the same interview ...

Conservative Canadian PM hopeful Pierre Poilievre vows US will be ‘hit hard’ over Trump’s tariffs if he’s elected to replace Trudeau

“It has to hit hard. We have to be very pinpoint and surgical,” said Poilievre, who has drawn comparisons to President Trump.

nypost.com

 

[The Bread Guy]

Excellent edition

A lot of people will hear things said on these forums for some time

P.S. - Tempted to make them "Build the Pipelines - Fuck the Moose" t-shirts after this one

 

[GK .Dundas]

P.S. - Tempted to make them "Build the Pipelines - Fuck the Moose" t-shirts after this one

Where can I get one ?

 

[GK .Dundas]

The important thing to remember about trade wars. Is that they aren't wars.... they're suicide pacts.

 

[Colin Parkinson]

Or to phrase it another way, he's telling them what they want to hear.

We can argue the veracity of his various claims or we can work on dealing with the impact of them. I'm thinking time spent on the latter will be much more productive.

That was the Liberal method of ruling, tell people what they want to hear and then do whatever you want.

 

[daftandbarmy]

I'm with her, sadly...

https://twitter.com/x/status/1882876816706388473

 

[brihard]

The important thing to remember about trade wars. Is that they aren't wars.... they're suicide pacts.

No, the parties survive. It’s more like one of those messy divorces where at least one side puts more effort and money into screwing the other, and end up coming out with far less in the end.

 

[Brad Sallows]

Trump either doesn't understand tariffs, or chooses to misrepresent his understanding.

I've heard him talk about the revenues from tariffs as if they would be a new source of money from foreigners. They won't. Tariffs will be paid by Americans in addition to their other taxes. People who can forego consumption or substitute non-tariffed goods and services can avoid the additional taxation.

The smart economic move when another country adopts protectionist measures is to not adopt protectionist measures in retaliation. The "winner" is always the one who sticks to liberal (free) trade policies. Unilateral free trade policies in the face of others' protectionism is still the best option. That is true even when creative destruction starts to bite. (Creative destruction is a positive effect in the big picture.) Pursue comparative advantages (mainly: find and extract our resources instead of pretending it's evil if we do so). Protectionist exceptions can be made for strategic security reasons, and that's about it. Canadians advocating counter-tariffs and embargoes are as ignorant as Trump, or equally choosing to misrepresent what they really know. They are advocating damage to Canadians' financial circumstances. Many of them are leveraging the situation for political advantage, and their credibility is therefore in doubt.

 

[Good2Golf]

I'm with her, sadly...

https://twitter.com/x/status/1882876816706388473

I don’t think she’s wrong. As Ford’s MPP in the same region as Poilievre, I wonder if there is an appreciation of that aspect at the federal level?

 

[Remius]

I don’t think she’s wrong. As Ford’s MPP in the same region as Poilievre, I wonder if there is an appreciation of that aspect at the federal level?

Ford fired her a while ago.

 

[brihard]

I don’t think she’s wrong. As Ford’s MPP in the same region as Poilievre, I wonder if there is an appreciation of that aspect at the federal level?

She’s not Ford’s MPP. He dropped her from caucus after meeting with Tommy Robinson. He’ll run George Darouze here in the election and she’ll lose her seat.

 

[Good2Golf]

Forgot the drama… lol

I like George. He’s been solid for the Ward. I’d vote for him and sleep soundly.

 

[dapaterson]

Forgot the drama… lol

I like George. He’s been solid for the Ward. I’d vote for him and sleep soundly.

I'd strip him of his license for life. He's a menace on the roads.

https://www.cbc.ca/news/canada/ottawa/coun-george-darouze-texting-driving-livestream-1.5814258