Canada will keep in place its retaliatory tariffs against US-made products as long as President Donald Trump persists with a trade war, said Mark Carney, the Canadian prime minister-designate.

  • lsibilla@lemm.ee
    link
    fedilink
    English
    arrow-up
    30
    ·
    19 hours ago

    Canadians showing Trump you can put tariffs without shooting yourself in the foot.

    Be careful, he might learn the trick. Or can he learn?

  • Gloomy@mander.xyz
    link
    fedilink
    English
    arrow-up
    18
    ·
    edit-2
    16 hours ago

    But everybody said about Trumps tariffs, that the American people will have to pay them. Can somebody explain why Canada keeping the Tariffs is good then? Aren’t it the Canadian people paying for them?

    Honest question btw, I’m not trying to be snarky. I’m just a bit slow sometimes.

    Edit: Thanks for the explanations, I think I have a better understanding now. Tariffs hurt the consumer and the foreign industrie, but Canadians are rdy to pay that price for their sovereignity.

    • Soleos@lemmy.world
      link
      fedilink
      English
      arrow-up
      18
      ·
      edit-2
      18 hours ago

      You are correct, tariffs hurt everyone. The direct cost is paid by the importer not the exporter. Part of the reaction-turned propaganda point about the US is that American people will bear the brunt of the tariffs. This is because Trump/MAGA framed tariffs as a tax that other countries would pay the direct cost of, not the Americans importing the goods.

      This led to a downplaying of how it would negatively affect the foreign industries exporting the goods, and apply political pressure on those countries. This is how tariffs usually work, you put tariffs on certain goods to apply economic/political pressure towards specific goals, e.g. tariffs on Chinese EVs to protect NA auto industry. This still hurts NA consumers in that they don’t have access to cheap Chinese EVs, but gives NA auto a chance to catch up. Tariffs are a normal economic tool that can help with bringing industry back into your country, but it’s a tricky balance.

      Canada is under no illusions that we will have to pay tariffs on imported American goods. There’s also a nationalist reaction to boycott American goods to an extent for starting this trade war, but Canadians will still hurt. The alternative would be to take it and submit to America’s whims, which is not a real option.

      This trade war is not within the norms of standard economic diplomacy/negotiation though, it’s just unhinged chaos. IMO the chaos is the point, giving cover for Trump&friends to solidify complete control as they turn the US into an authoritarian regime and helps to bring American industries to heel under their rule.

    • darcmage@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      12
      ·
      18 hours ago

      I don’t think they’re saying it’s good economics and yes, for the most part, we understand how these tariffs will affect us.

      But there’s a lot of anger at Trump here. Booing the American national anthem is not something we do lightly. I haven’t seen people this united for a common cause for a long time. I regularly see people checking labels at grocery stores to avoid buying American even if we have to pay more.

      We know a recession is likely for both countries and we’ll be hit harder by it. It’s a small price to pay for our sovereignty.

      • garbagebagel@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        3 hours ago

        This is only marginally related but I just want to tell someone. I bought a more expensive Canadian bag of chocolate chips to make cookies today and holy smokes, they were immensely better than the other ones I usually buy. Way worth the extra 90c or whatever it was.

        Hopefully this will all lead to us being more self reliant and having easier access to the awesome things that are already produced here. I’m also excited about more local beer in the liquor stores.

  • Arghblarg@lemmy.ca
    link
    fedilink
    English
    arrow-up
    100
    ·
    edit-2
    1 day ago

    Good luck – E. Jean Carroll just kept getting excuses to re-sue him, which was hilarious, since he just could. not. resist. defaming her when legally ordered not to. :). The man seems absolutely compelled to double-down on his disrespect if he is pressured to act like a decent person. He just can’t resist trying to “assert dominance” or something.


    Carney should formally demand Krasnov “say Thank You” for our water, oil, wood, steel, potash and aluminum, before we drop tariffs. Heh.

    EDIT: Vance, too. He should have to say Thank You, on the air, on Fox ‘News’, before we drop tariffs.

      • CuffsOffWilly@lemmy.ml
        link
        fedilink
        English
        arrow-up
        6
        ·
        17 hours ago

        I fear people think this will be a short term thing but in reality if we want to protect our sovereignty it has to be more permanent. We need to evolve other markets.

      • adarza@lemmy.ca
        link
        fedilink
        English
        arrow-up
        31
        ·
        1 day ago

        this congress? the majority is drunk on the maga juice, the minority is a disorganized mess still in shock. and combined, the vast majority is bought and paid for by those who stand to gain the most from this shitshow.

    • nutsack@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 day ago

      The Democrats don’t tend to immediately back out of whatever direction the previous Republicans set the country in. maybe it has something to do with not being wasteful or respecting democracy or I don’t know . I’d imagine this New foreign policy will last for 20 years.

      • atzanteol@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        11
        ·
        20 hours ago

        There’s a general governing philosophy that presidents tend to maintain agreements, policies, etc. agreed to by previous administrations. You want an international policy that is reasonably stable otherwise it makes it difficult for foreign nations to deal with the US.

        Then we elected chucklefuck…

  • HikingVet@lemmy.ca
    link
    fedilink
    English
    arrow-up
    11
    ·
    22 hours ago

    Good to see Carney is holding the line. But will he keep/bulid off of the energy Trudeau used?

  • A_norny_mousse@feddit.org
    link
    fedilink
    English
    arrow-up
    65
    ·
    edit-2
    1 day ago

    It seems selling Tariffs to his constituency as something that only affects other countries was his biggest grift after all.

    Ah, who am I kidding. It’s all grift. A gigantic hairball of grift.

    I wish I knew enough about Canadian politics to have a deeper opinion, but afaics: Good

    Oh and as a Eu citizen I feel very good about Canada maybe hopefully joining some sort of alliance with us. I didn’t have it on my radar before 2025.

      • LoganNineFingers@lemmy.ca
        link
        fedilink
        English
        arrow-up
        7
        ·
        13 hours ago

        As a Canadian, we’ve had the attitude for awhile “at least we’re not as bad as the USA” but we’ve definitely drifted from the EU way of doing things. I’ve always felt like a hybrid between the two (with leanings more to eu).

        I wish as Canadians, instead of looking over the fence and patting ourselves on the back for not being the USA, we’d look over the fence and try to see what we can do to improve more (because why reinvent the wheel if you don’t have to).

        • Danquebec@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          3
          ·
          9 hours ago

          I was so annoyed in 2012 when we were protesting the tuition fee hike in Québec that people were pointing to other provinces or the US for their higher tuition fees, instead of, like, North European countries, and many others, where it’s free.

    • Vikthor@lemmy.world
      link
      fedilink
      English
      arrow-up
      15
      ·
      1 day ago

      You know Canada is a NATO founding member, don’t you?

      Also we have a free trade agreement with Canada.

      • A_norny_mousse@feddit.org
        link
        fedilink
        English
        arrow-up
        2
        ·
        19 hours ago

        You know Canada is a NATO founding member, don’t you?

        You know, you’re right. The alliance is already there.

        But the USA is also in it… could NATO even defend Europe against Russia, against the US’ will?

        • WildPalmTree@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          ·
          19 hours ago

          They can’t even take one country, let alone “Europe”. Would it be better with the US in our corner? For sure. But to think the current Russia could take anything except for small parts here and there is laughable. And this only because mother Russia doesn’t give a shit about her children.

          • A_norny_mousse@feddit.org
            link
            fedilink
            English
            arrow-up
            1
            ·
            19 hours ago

            I think you misunderstand. This:

            could NATO even defend Europe against Russia, against the US’ will?

            was a question about how NATO internals work, decision making and bureaucracy, not raw firepower.

            • WildPalmTree@lemmy.world
              link
              fedilink
              English
              arrow-up
              1
              ·
              15 hours ago

              As I understand it, each country decided. But I’m not a NATO scholar. I’d be happy for someone more knowledgeable to chime in.

  • MyOpinion@lemm.ee
    link
    fedilink
    English
    arrow-up
    21
    ·
    1 day ago

    This is what the Orange Turd deserves. Act like a shit get treated like shit.

    • CircaV@lemmy.ca
      link
      fedilink
      English
      arrow-up
      5
      ·
      21 hours ago

      Such a whiny brat about a needless tarrif war yam tits started himself. This orange turd has no clue how much Canadians hold grudges. This won’t ever be over. Canada is moving on.

    • j4k3@lemmy.world
      link
      fedilink
      English
      arrow-up
      15
      ·
      1 day ago

      Tit4Tat will result in the USA always getting hurt worse than everyone else

      • generaloutrank@lemmy.world
        link
        fedilink
        English
        arrow-up
        8
        ·
        1 day ago

        Tit for tat is also the most effective strategy in game theory though.

        Not saying this necessarily applies to this case or in general, but I just found out about this topic and I’m curious to see if and how well/poorly it applies.

        https://youtu.be/mScpHTIi-kM

        • absGeekNZ@lemmy.nz
          link
          fedilink
          English
          arrow-up
          1
          ·
          18 hours ago

          Kind tit-for-tat is the best strategy.

          But that assumes that you have rational actors on both sides of a game!

        • Peppycito@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          4
          ·
          edit-2
          1 day ago

          I just found out about this topic

          The algorithm must be on a tear, I was just suggested that yesterday.