Trade Wars and Tariffs

#80
#80
Thunder Good-Oil said:
Simply establishing a tariff is different than treating allies and adversaries equally.

How many partners impose tariffs on our exports? With friends it’s a lot about recipriocity of free trade and fulfilling commitments. FAIR trade. Not unfettered access to the US consumers without something in exchange.

It shouldn’t be difficult for the true “friends” to act on our concerns. Adversaries like the CCP - they can’t be trusted and need the iron fist. Their economy, society, and party likely collapses without exploitation of US markets.
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What Trump imposed on Canada is not "simply establishing a tariff". Tariffs have been mutually imposed between Canada and the US. In the past (data is from 2022), Canada imposed tariffs on 70 US goods (out of 5000+ goods, so less than 2%), and the US imposed tariffs on 42 Canadian goods (out of 5000+ goods so less than 1%). Now Trump is imposing tariffs on 100% of Canadian goods. How are they comparable in the same phrase?

Canada tariffs on United States | WITS data

By the way, Trump didn't impose tariffs on Canada because of the "free trade and fulfilling commitments". It was supposed to be on "flood of illegal aliens and drugs". I am not even going to look up facts about illegal aliens and drugs, or the lack thereof from Canada. That's our concerns and that's reciprocal to what Trump imposed?

I agree. It shouldn't be difficult for the true friends to act on our concerns (They are more than likely not illegal aliens and drugs by the way.) There are ways to deal with this between friends. In real life, when I ask my friend to act on my concerns, I can use many strategies to persuade. However, I would not try to publicly humiliate and brutalize my friend to maximize the pain inflicted, in the same way that I could treat my adversaries. On the flip side, if my "friend" tries to do this to me, I know his true intention is probably something else. Certainly he is not my friend.
 
#81
#81
exotic_vols said:
What Trump imposed on Canada is not "simply establishing a tariff". Tariffs have been mutually imposed between Canada and the US. In the past (data is from 2022), Canada imposed tariffs on 70 US goods (out of 5000+ goods, so less than 2%), and the US imposed tariffs on 42 Canadian goods (out of 5000+ goods so less than 1%). Now Trump is imposing tariffs on 100% of Canadian goods. How are they comparable in the same phrase?

Canada tariffs on United States | WITS data

By the way, Trump didn't impose tariffs on Canada because of the "free trade and fulfilling commitments". It was supposed to be on "flood of illegal aliens and drugs". I am not even going to look up facts about illegal aliens and drugs, or the lack thereof from Canada. That's our concerns and that's reciprocal to what Trump imposed?

I agree. It shouldn't be difficult for the true friends to act on our concerns (They are more than likely not illegal aliens and drugs by the way.) There are ways to deal with this between friends. In real life, when I ask my friend to act on my concerns, I can use many strategies to persuade. However, I would not try to publicly humiliate and brutalize my friend to maximize the pain inflicted, in the same way that I could treat my adversaries. On the flip side, if my "friend" tries to do this to me, I know his true intention is probably something else. Certainly he is not my friend.
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Why didn’t our Canadian friends meet their defense spending commitment?

It is “establishing a tariff”. It’s easy enough for them to get much of it (25% across the board) lifted by cooperating.

They consider us good friends when trade is skewed in their favor. Trump is proposing evening up the imbalance and sharing the burden of keeping the wrong element from illegally entering the US
 
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#88
#88
nypost.com

CEO of Canada’s 2nd-biggest company defends Trump’s tariff demands, slams Trudeau for not stopping trade war

“These are things that every Canadian wants its government to do, too. These are not crazy demands, even if they came from an unpopular source,” Tobi Lutke, who co-founded Shopify, said…
nypost.com nypost.com

“Canada thrives when it works with America together. Win by helping America win. Trump believes that Canada has not held its side of the bargain,” Tobi Lutke, who co-founded Shopify, wrote on X.

“These are things that every Canadian wants its government to do, too. These are not crazy demands, even if they came from an unpopular source. These tariffs are going to be devastating to so many people’s lives and small businesses.”

Lutke’s withering critique came in response to a clip of Trudeau announcing 25% retaliatory tariffs on $107 billion worth of US goods and pushing for policies targeting red states.

Shopify, the e-commerce giant that Lutke co-founded in 2006, is worth about $150 billion. It’s Canada’s biggest tech company and biggest-ever startup — and second only to the Royal Bank of Canada in size."
 
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#92
#92
Not that we're gonna go to actual war with Canada or Mexico, but I think people forget that trade makes us friendlier and trading partners friendlier for self-interested reasons. Wanna ensure no war with China? Openly trade with China.

“When goods don’t cross borders, soldiers will" - Bastiat

I thought the USMCA was the greatest trade deal of all time? Is Trump admitting it was a colossal failure by throwing it out the window 5 short years later?

Trump is a fkn joke and he thinks the economy is a toy to be played with.
 
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#95
#95
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#97
#97
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#99
#99
gcbvol said:
I've seen reports a lot of Canadians are trying to sell FL properties due to currency concerns. This was pre-tariffs, though.
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Orangeburst said:
I-75 now


View attachment 719143
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gcbvol said:
Kramer!

I'll tell you, though, I can't wait to get out of FL. The population growth is smothering and my ****ing allergies are killing me.
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One major economic calamity unfolding in Florida are the condo assessments being applied to buildings older than 30 years due to the collapse of the Surfside condo in Miami a few years back. The Legislature passed very high standards for them to be inspected and shored up, and for cost to be passed on as special assessments to the condo owners.

So, you had retirees from up north buy a condo 15 years or so ago for $250,000, live there, and then wham, a $100,000 assessment comes down the pike, and they are having to sell, sometimes at a loss, and in a market already saturated by new construction.
 
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