Has anyone implemented a rng based on america's current tariff schedule? Seems like it should be pretty secure.
decimalenough · 6h ago
Looks like the US is just trying to force Canada to back down from recognizing Palestine.
metalman · 5h ago
apperently thats part of it, but the real issue is that Canadians, dont give a fuck
sure it will be a lot(huge) amount of work to re tool for other markets, but those markets are there, and Canada is working at capacity, and for a lot of it, the US does not have another option, so the costs will fall on american consumers and in the cases of US manufactured goods intended for export, they may no longer be afordable, anywhere, even under threat, such as Canadian made parts going into US car factorys, that were intended for export.....to Canada, needless to say that is the reason that Toyotas stock is riseing
anonnon · 1h ago
Canada's real GDP growth has been flat for a decade and its cost of living, especially of housing, has exploded, to the point that the median home price in Canada is almost $700k. The idea that Canadians in general (not just the rich boomers who own a home and maybe a condo on the side, and live off generous pensions) are better situated to weather a trade war with the US than Americans is the height of delusion.
Trump may have stupidly launched a trade war against the whole world, but his underlings cleverly engineered it as a prisoner's dilemma, where while it's in the interest of the world collectively to unite against the US, it's also in the interests of the individual to defect, and the sooner, the better, since the US made it clear that the longer you wait, the worse terms you'll get.
Canada should have made a deal early, e.g., before the UK. This will become painfully obvious soon enough.
FranzFerdiNaN · 1h ago
There was a deal. It was signed by Trump in his first term. He tore it up like it was nothing.
You cant make a deal with Trump. He changes his position weekly, depending on what he saw on Fox News or who he last talked to.
anonnon · 47m ago
> He tore it up like it was nothing.
From what I understand, goods exempt under the USMCA are still exempt.
EDIT:
> You cant make a deal with Trump. He changes his position weekly, depending on what he saw on Fox News or who he last talked to.
If you really believe he's an unpredictable Nixonian "Madman theory" president personified, then perhaps needling him with "TACO" (in effect mocking him for offering reprieves to facilitate further negotiation, and daring him to take threatened aggressive action up to and including bombing other countries) probably isn't the smartest track to take, especially knowing how much he values strength and how image-conscious he is.
johng · 4h ago
America needs no other country except in the short term. We can (given time and desire) produce anything that is needed. Why wouldn't we request that tariffs are fair in both directions?
magicalhippo · 4h ago
> Why wouldn't we request that tariffs are fair in both directions?
What's your measure of fair here? If country A imports $X from US, and US imports $Y from country A, which import tariff rates are fair in country A and in the US?
Just asking since Norway just got hit with a 15% tariff rate, and we're importing way more from the US than the US imports from Norway, and with a few specific exceptions we have no import tariffs here.
wkat4242 · 2h ago
Yeah it's so weird. Trump claims it's because of unbalanced trade but if the balance is in his favour it's still not good??
FranzFerdiNaN · 1h ago
Why would you 'request' tariffs, that are being paid by American citizens?
Dig1t · 58m ago
All corporate taxes are passed onto customers, you are just arguing against all corporate taxes. Taxes will fund the roads and Medicare/Medicaid.
Don’t you want the ultra wealthy mega corps to pay their fair share?
cwillu · 4h ago
“Fair in both direction”? Remind me, who negotiated the USMCA again? Some president starting with T… Truman? Thomas? No, I remember, it was Trump!
johng · 4h ago
The new tariffs don't violate the USMCA, so I'm not sure what that has to do with it.
cwillu · 3h ago
If something outside USMCA was unfair, why wasn't it part of the negotiation?
defrost · 4h ago
It's not just Canada, Australia is weighing up recognition, Trump, and tariffs at this very moment.
Meanwhile, the Albanese government has continued to mull when the best moment to push for recognition of a Palestinian state would be.
The Sydney Morning Herald reports Australia’s tariff negotiations with the US could be affected by such a move, after US President Donald Trump lashed out at Canadian Prime Minister Mark Carney for announcing he planned to recognise Palestine.
Trump warned in a social media post that the decision would “make it very hard for us to make a trade deal with them”.
As SMH reporter Natassia Chrysanthos writes: “It complicates the dynamic as Australia tries to negotiate a favourable trade outcome with the US after Trump threatened to raise baseline tariffs on imports to the US, while supporting the international community in pushing for a two-state solution.”
Her story said Australian officials were privately bracing for a 15% baseline tariff, which could be announced as early as today.
Trump may have stupidly launched a trade war against the whole world, but his underlings cleverly engineered it as a prisoner's dilemma, where while it's in the interest of the world collectively to unite against the US, it's also in the interests of the individual to defect, and the sooner, the better, since the US made it clear that the longer you wait, the worse terms you'll get.
Canada should have made a deal early, e.g., before the UK. This will become painfully obvious soon enough.
You cant make a deal with Trump. He changes his position weekly, depending on what he saw on Fox News or who he last talked to.
From what I understand, goods exempt under the USMCA are still exempt.
EDIT:
> You cant make a deal with Trump. He changes his position weekly, depending on what he saw on Fox News or who he last talked to.
If you really believe he's an unpredictable Nixonian "Madman theory" president personified, then perhaps needling him with "TACO" (in effect mocking him for offering reprieves to facilitate further negotiation, and daring him to take threatened aggressive action up to and including bombing other countries) probably isn't the smartest track to take, especially knowing how much he values strength and how image-conscious he is.
What's your measure of fair here? If country A imports $X from US, and US imports $Y from country A, which import tariff rates are fair in country A and in the US?
Just asking since Norway just got hit with a 15% tariff rate, and we're importing way more from the US than the US imports from Norway, and with a few specific exceptions we have no import tariffs here.
Don’t you want the ultra wealthy mega corps to pay their fair share?
refers to: https://www.smh.com.au/politics/federal/palestine-recognitio...