Trudeau decided to go ahead with retaliatory tariffs even though Trump’s order includes a mechanism to escalate the rates if Canada retaliates against the U.S.
I wish this comment (merc’s comment) would get bumped to the top of every post related to the tariffs. Tit for tat tariffs is stupid with predictable results. Strategic tariffs and other targeted mean of retaliation are better. Why is there only a 10% tariff on oil? Because the US needs Canada’s oil. You fuck with our economy we fuck with the resources we give you at a discounted rate. Look at CUSMA (hehe. or NAFTA or whatever broken trade agreement that was) and target the industries that the (US) wanted to protect.
And for people using the tired fight analogies - just because someone tries to punch you in the face doesn’t mean you punch them back in the face. You have already been training to kick them in the fucking balls.
Tit for tat tariffs is just political posturing for weak leadership.
Also, this is a fight against a much bigger opponent. Not only is the US population 10x bigger and their economy more than 10x bigger, that size means they have a lot more trade partners, whereas Canada is pretty isolated and trades mostly with the US.
If you’re up against a much stronger opponent in a life-or-death fight, you don’t fight fair.
I wish this comment (merc’s comment) would get bumped to the top of every post related to the tariffs. Tit for tat tariffs is stupid with predictable results. Strategic tariffs and other targeted mean of retaliation are better. Why is there only a 10% tariff on oil? Because the US needs Canada’s oil. You fuck with our economy we fuck with the resources we give you at a discounted rate. Look at CUSMA (hehe. or NAFTA or whatever broken trade agreement that was) and target the industries that the (US) wanted to protect.
And for people using the tired fight analogies - just because someone tries to punch you in the face doesn’t mean you punch them back in the face. You have already been training to kick them in the fucking balls.
Tit for tat tariffs is just political posturing for weak leadership.
Also, this is a fight against a much bigger opponent. Not only is the US population 10x bigger and their economy more than 10x bigger, that size means they have a lot more trade partners, whereas Canada is pretty isolated and trades mostly with the US.
If you’re up against a much stronger opponent in a life-or-death fight, you don’t fight fair.