cross-posted from: https://lemmy.world/post/24657192
Summary
In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.
The remark elicited gasps from the audience.
Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.
He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.
Economists warn such tariffs would raise prices for U.S. consumers.
Us citizens pay tariff this doesn’t hurt Canadians. They should call bluff and say do 30%.
Canada will absorb most of the extra cost if we want to sell product to the US.
Will it though. Seems like Mexico will build the wall talk.
Honestly, the only way to keep that cost in the US is to mandate that anyone selling across border has a price set as of the day of the tariffs. If they sell under that price, they get export tariffed for the difference. Then at least there’s a chance that the tariff burden will be passed on to the US consumers and maybe they’ll do something.
But we don’t have anything in place to make something like that happen at this point, and even if we did, I doubt we have the political will to shelter Canadians that way. Sure as fuck Polievre won’t do any such thing.
My understanding is that tariffs in general can apply to both imports and exports, on either side.
Well according to wiki you are right. I was on ever taught tax on imports in school. Taxing exports only works of there is one possible vendor and if there is not then the competition will just has to charge slightly less while expanding production.
Imagine if China , EU, and or japan be like here is 10% discount. Or better yet Trade alliance among countries who Trump charges on exports would be hillarious.
It potentially reduces exports from Canada to the US, hurting our economy. Nobody wins
Canada imports more from USA than it exports to USA. A trade war that decreases exports would hurt USA more than Canada.
The largest exports from USA to Canada are cars and trucks. (Finished products) The largest exports from Canada to USA are minerals, fuels and pulp. (Raw material)
This puts USA at a disadvantage in a tariff game, because it’s a lot easier for Canada to replace American cars with Asian or European cars, than it is for USA to replace the variety of ressources that Canada provides
It’s also a lot easier for Canada to find other customers for raw materials than it is to sell American cars on other continents.
We have a lot of resources. Ya our shit will get more expensive, but he’s gonna fuck his own country doing this. Canada will survive.
Actually tariffs will hurt Canadians deeply. Why? Because it means that Americans will lean towards not buying products made in (or partially made in) Canada. Plus, Canada would certainly reciprocate meaning the price of everything is going to go up in Canada. It’s not a good situation and our government needed to be spending the past 10 - 20 years developing stronger trade relations with other countries but instead we amplified our relationship with what is clearly a very unreliable and untrustworthy neighbour.
Basically sums up how half America feels about its country.
There is no actual fentanyl or immigration basis for tariffs on Canada. Just submit to less representation than California, and help absorb large US debt with little in return for it.
There’s no basis for tariffs on Mexico either.
As a Canadian, fuck you Trump. Canada will never be a US state. Not sorry.
Its truedeau. (Its a pun)
As they say in Canada, they’re not having Nunavut these hosers, eh ?
It’s bad enough being one of those states now, and I’m in one of the good ones.
The amount of Americans visiting Australia who assume people here would want to live in America instead given the option was astounding to me.
Just the coffee quality is enough reason not to. 🤣
If it goes down I’m just gonna scoot up north and fight on your side for Canadian citizenship.
I wonder how many would lol
A lot more than the Rs would think.
I hope so! I live pretty close to the border so this is all a bit surreal
It is for us too.
Solidarity forever, fellow worker ✊️
That’s a really good idea! I’m about 5-8 hours from the Canadian boarder but I will not fight for a fascist country. I’ll either join the other side or join a resistance here.
I’m about 4 hrs from the border but could easily make that shorter in an emergency! Combat veteran as well.
I’m a vet also. Never felt the need for a gun as a civilian, but November changed that for me.
I got a couple last summer because I knew it’d be a shitstorm regardless of who won.
Why did November change that for you? What has actually increased your need for a gun since then?
A tyrannical government?
Arm the proletariat?
Just. You know…
become a state.
Do you think he wanted to do this last time but ousted everyone who told him that’s fucking psychotically stupid?
I mean honestly, he’s just a giant douche canoe that accurately reflects the level of intelligence and emotional maturity that the most of his fucking deplorable Nazi base is. There’s nothing he’s here said that isn’t what his moronic base says on a daily basis and is more or less a accurate representation of America and Americans by large.
America is a nation of idiots.
Trump is going to speedrun all our
vassalsallies into joining BRICS, and I’m here for it.Is the US so attractive that countries are lining up to join? 🤔🇺🇸
Come for our healthcare! Stay cause you died.
Me too, thanks.
Dear Trump:
Canada’s economy is dependent on the US. Trump might actually pull this off.
Canada’s oligarchs like the fact that only Israel and US is allowed to compete with them, and elections are cheaper to buy. A single state makes them lose power. Population understands only negatives from US, and also would not vote for Trump.
Unfortunately for Canadians, they are still programmed to side with US over China and Russia, and that programming makes it a blasphemy to seek independence that would also protect them from the US. As long as Canada’s position is to beg to restore its fully subservient colonial status, then the Trump extortion will continue.
One goal that Musk would have behind this is that it can destroy the big 3 automakers.
Not likely.
Likely doesn’t mean inevitable. I am the pessimistic type, so there’s that. I hope that I am proven wrong.
Canada is also America’s largest trading partner.
America had $357 billion dollars worth of imports from Canada in 2023, if they introduce a 25% tarriff Americans will pay $446 billion instead because it’s not like you’ll get all that stuff anywhere else for cheaper since America is going to put tariffs on practically every other country they trade with apparently.
Corporations spend billions on the current infrastructure and trade routes and logistics, they will not uproot everything and go through the pains of firing everyone then moving to America and retraining because of a short term loss. American administrations are fickle, many of them will simply wait out the 4 years hoping it will return to normal then. If it doesn’t then maybe they might consider it then but for the next 4 years Americans are going to be paying a shitload more for anything that’s not made in America.
American businesses will also find it a lot more difficult to sell their products out of the country when those countries retaliate with tarriffs against them.
He’s about to fuck around and find out…
He is about to fuck around and America is about to find out…
Tap for spoiler
The world doesn’t revolve around America.
American anschluss of Canada to expand their lebensraum, because they feel they deserve it.
Musk does not hide how he feels about it, we wouldn’t either.
Oh, boy, what you’ve got going on looks like so much fun, how could we want to miss out?
Canada is already a state… a SOVEREIGN state.
