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CAN-USA Tariff Strife (split from various pol threads)

Little reminder from Reagan in 1988:
"... We too often talk about trade while using the vocabulary of war. In war, for one side to win, the other must lose. But commerce is not warfare. Trade is an economic alliance that benefits both countries. There are no losers, only winners. And trade helps strengthen the free world. Yet today protectionism is being used by some American politicians as a cheap form of nationalism, a fig leaf for those unwilling to maintain America's military strength and who lack the resolve to stand up to real enemies -- countries that would use violence against us or our allies. Our peaceful trading partners are not our enemies; they are our allies. We should beware of the demagogs who are ready to declare a trade war against our friends -- weakening our economy, our national security, and the entire free world -- all while cynically waving the American flag. The expansion of the international economy is not a foreign invasion; it is an American triumph, one we worked hard to achieve, and something central to our vision of a peaceful and prosperous world of freedom ..."

Posted with apologies to the owner of Army.ca if this leads to POTUS47 getting mad on the socials as he has with previous sharing of former president quotes elsewhere :)
 
The White House Release

Thanks for this!

Did Ottawa ban alcohol in almost all provinces & territories? I thought provinces did that sort of stuff? Oh well, POTUS47 writers must know these things, or they wouldn't be writing them, right?
 
Little reminder from Reagan in 1988:
"... We too often talk about trade while using the vocabulary of war. In war, for one side to win, the other must lose. But commerce is not warfare. Trade is an economic alliance that benefits both countries. There are no losers, only winners. And trade helps strengthen the free world. Yet today protectionism is being used by some American politicians as a cheap form of nationalism, a fig leaf for those unwilling to maintain America's military strength and who lack the resolve to stand up to real enemies -- countries that would use violence against us or our allies. Our peaceful trading partners are not our enemies; they are our allies. We should beware of the demagogs who are ready to declare a trade war against our friends -- weakening our economy, our national security, and the entire free world -- all while cynically waving the American flag. The expansion of the international economy is not a foreign invasion; it is an American triumph, one we worked hard to achieve, and something central to our vision of a peaceful and prosperous world of freedom ..."

Posted with apologies to the owner of Army.ca if this leads to POTUS47 getting mad on the socials as he has with previous sharing of former president quotes elsewhere :)
thanks for that.
 
I don’t know who Saint Lawrence is. Nobody does. But somehow Canada thinks they can name OUR great river. Not anymore. It’s a tremendous river, a very important river, probably one of the greatest rivers anywhere. From now on, it’s called the TRUMP RIVER. A beautiful name. A strong name. The best name!
 
I don’t know who Saint Lawrence is. Nobody does. But somehow Canada thinks they can name OUR great river. Not anymore. It’s a tremendous river, a very important river, probably one of the greatest rivers anywhere. From now on, it’s called the TRUMP RIVER. A beautiful name. A strong name. The best name!
Lots of communities dump raw sewage into the river, so yeah, that name change tracks.
 
I don’t know who Saint Lawrence is. Nobody does. But somehow Canada thinks they can name OUR great river. Not anymore. It’s a tremendous river, a very important river, probably one of the greatest rivers anywhere. From now on, it’s called the TRUMP RIVER. A beautiful name. A strong name. The best name!
What I want to know is which Great Lake we rename “Lake Epstein”?
 
I think the U.S. is increasingly willing to accept economic inefficiency in return for greater control over strategic industries, supply chains, energy, critical commodities and the economic behavior of countries within its immediate sphere of influence. That doesn’t mean every tariff is smart. Some of them are obviously ham-fisted. Some probably undermine the very industries they’re supposed to protect. I’m perfectly willing to concede that Trump can identify a real strategic vulnerability and then choose a stupid instrument to address it.
[Economic efficiency takes a back seat to success in battle], Sun Tzu


Canadian chest-puffing and political temper tantrums may play well domestically, but they do nothing to improve our actual bargaining position. Threats only matter when you have credible alternatives and the capacity to sustain them; right now, Canada needs less performative outrage and more infrastructure, industrial capacity, and leverage.
…and trade deals with other nations to support diversification. 😉


Brace, brace, brace!

If Trump wanted to really troll Canada he would have imposed a 51% tariff.
Canada should have made its top tariff hrs it 47% 😆
 
We are not in a position to really bitch about what is about to befall us and the USA. Think of what the Cubans have to contend with and how long it's been. Even cut off from the US we wouldn't suffer as much.

And the US couldn't survive with a complete cut off: too many critical minerals, energy resources, nuclear fuels, fertilizers and aluminium.

And, BTW, no one has yet looked at the financial side of the equation with investment control, capital export controls, money market restriction or debt acquisition restrictions (i.e. making it illegal for the large institutional investors to acquire US debt papers like T-bills), amongst the many options.
 
I'm still reading more, but one version I've heard is that one of the American demands was that Canada had to mirror any tariffs the U.S. has in place for country x if/when Canada made a deal with country x, or anytime the U.S. imposes tariffs on country x.

So I guess that means we would never have tariffs on China then since Trump is also unwilling to tariff them…?
 
We are not in a position to really bitch about what is about to befall us and the USA. Think of what the Cubans have to contend with and how long it's been. Even cut off from the US we wouldn't suffer as much.

And the US couldn't survive with a complete cut off: too many critical minerals, energy resources, nuclear fuels, fertilizers and aluminium.

And, BTW, no one has yet looked at the financial side of the equation with investment control, capital export controls, money market restriction or debt acquisition restrictions (i.e. making it illegal for the large institutional investors to acquire US debt papers like T-bills), amongst the many options.
Fair statements for certain but my concern is for Canada, not a dictatorship like Cuba. Give the people the ability to make their own choice if they want to continue with their current government or if they wish to choose another route.
 
Have to wonder what carrots the EU might be dangling in front of us when the upcoming talks start this fall.
 
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