What I still can’t comprehend as a non American: It’s not Canada that’s going to pay the tariffs. It’s mostly US companies and at the end the US consumers will pay for it. That’s literally grabbing money from the pockets of US citizens. In what way does this sound like a good idea to a Trump voter? What happens if the affected countries start trading with each other and ignore the US? Trade wars have the the potential to develop into a full scale war if one of the participants is starved of the precious oil…
Trump has mentioned that tariffs will help him pay for his planned tax cuts. Tariffs are like a flat-tax, which disproportionately help the rich while taking more from the poor.
I also think there may be some other angles they’re working; but I’m not completely sure on. Trump often threatens people to solicit favors; so this may also be a way for him and his cronies collect bribes and favorably business deals from politicians and the wealthy from around the world. He may also have deals with Putin, because he’s acting exactly how you’d expect a person to act who was trying to destroy the Western hegemony.
Most voters don’t know how tariffs work and assume the country who’s goods are being targeted are the ones who will pay. A lot of people are in for a rude awakening.
This is starting because Trump himself also don’t know how tariffs works
Also see the damn water reservoir thing because he doesn’t even understand how water works
And see the Colombia thing
Those folks firmly believed the trickle-down myth as well
What happens if the affected countries start trading with each other and ignore the US?
That would mean less money in rich people’s pockets, so we can’t do that.
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Dumbest executive in history, no surprise at all
“Makes no sense” is the perfect tagline for the entirety of a second Trump term.
Does nobody understand the term “cash grab”? He’d play hell raising taxes on us to get what the tarrifs will get him
If you are a non-Trump voter in a red state, especially if you work for the flagship company or industry in that state, I would like to apologize on behalf of all Canadians for what our government is about to do. We don’t want to do it but it is the only way to deal with a bully.
Absolutely an anti-Trump voter in a red state who works in the healthcare industry where most of my repairs come from Canadian parts.
I know it’s against the Canadian way but do not apologize. We voted this way, time to learn.
People, please don’t forget that they (the trump admin) redid the trade agreement with Mexico and Canada in their previous term. We are in this shit because they couldn’t even make a deal previously and still think they are masters of deals.
Well it is from the dumbest president in history (for the 2nd time).
I think it’s a great opportunity for Canada to develop more partnership with Europe, Mexico and the rest of the world. USA is an ennemi now, a dangerous one, it’s time to bring this under-educated country to his knees. They need to pay for all the suffering they brought to the world. Sorry USA, we cant not friend anymore, you made your choices.
This as an Australia, I’d be happy to see Australia aak fir EU entry.
Or we could start a Canada, Australia, Japan, NZ zone akin to the EU.
EU entry
As an Australian, no way. Do not want.
Or we could start a Canada, Australia, Japan, NZ zone
This would be good in case Kaiju attack too.
Sucks to be linked in when I didn’t choose any of this. But I get it. You gotta at this point. Fuck us.
I agree, but we should have diversified our trade in the 90s when we realized Mulroney’s us/can free trade agreement wasn’t going to last forever, and when it was becoming obvious that China was rising fast as a manufacturing powerhouse.
IMO, we should have forged a tightly integrated trade agreement with the EU and spearheaded the Trans Pacific Partnership way sooner.
We’re in the pickle of current events because we were largely complacent at the table of a global market that marched ahead without us in the ways we wanted.
The problem is that it’s very difficult to move from a trading partner you share a land border with to ones that you have to cross the world’s largest oceans to get to. Not just difficult, but largely undesirable. While national security might argue for diverse trading partners, short of applying extraordinary incentives business is going to go where its easy and profitable to go, and that’s the US.
Since the nineties Canada has signed and ratified 15 free trade agreements. But none of that matters when we have one of the world’s largest and wealthiest markets right next to us. Not unless we’re willing to take extraordinary measures to change that dynamic.
Yes, of course. Those things are also all true.
Less than two weeks in and a Republican President has editorials from the normally-Republican-friendly Wall Street Journal taking a whack at them.
goes over to see what Cato is up to
Looks like the top three stories are all also attacking Trump.
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Trump’s Deportations Will Hit American Workers, Too
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Trump Administration Purge of FBI Managers Underway
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Here Comes the Legal Campaign Against “Woke” Employers
For a guy aiming to make a big deal out of firing lots of government employees, he sure isn’t getting much love from the small-government crowd.
EDIT: Just to add to that, Reason’s top stories are also taking a whack at Trump:
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Tariffs on Canada, Mexico, and China Could Start This Weekend: Trump’s second trade war has apparently arrived. There remains much uncertainty, but expect it to be costly.
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Trump’s Pro-Growth, Anti-Trade Positions Are on a Collision Course
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Trump’s Role Model McKinley Tariffed His Way to Imperialism
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Trump’s ‘Big, Beautiful Bill’ Sets Up Another GOP Budget Showdown: Almost exactly one year after Congress swore off self-inflicted fiscal crises, we’re back to the same tired theatrics.
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Why Is Paramount So Keen To Settle Trump’s Laughable Lawsuit Against CBS?
Hah! Now the leopard is eating their dick.
Sure, now they complain.
Trump would make a bad king, too unpredictable. Conservative shit spouters like Jones are pivoting to papa Elon. Its gross
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Didn’t they just fire a few staff members critical of Trump?
I think they quit after Lord Amazon didn’t let them endorse Harris.
Edit: Apparently they didn’t endorse anyone.
The WSJ is pretty conservative. They probably endorsed Trump too, regardless of the fact that he stated, outright, he was going to do another dumbass trade war.
I’m hoping we soon hear several new trade announcements coming from NATO partners that will help us collectively reduce our reliance on authoritative governments of all stripes.
