Canada is already badly hit by the tariffs but the worst is yet to come. 90% of their products are protected from Trump tariffs by CUSMA/USMCA. If he uses the nuclear option and pulls out of the trade deal, he actually could destroy most of their industries.
Oxeneer666 on
It’s a lie. The United States does need stuff from Canada. A whole bunch. From energy to crucial resources. Without our energy, the United States can’t produce its aluminum. Without our potash, the United States can’t support their farms. Without our lumber, American homes are much more expensive, and built with inferior wood.
The United States can keep their shitty cars, Canadians don’t need to buy them, and that’s about the only market that takes them.
Canada is reliable and can be trusted. Will this debacle hurt, yes, it will. But currently we’re diversifying like it’s our main commodity, and virtually every country wants a little piece of Canada. We’re the popular kid on the block, and the United States has major cooties. Like super gonorrhea style cooties.
*The only reason why Trump wants Canada is because we’re resources rich. The minute he takes over, it’ll be “im mining the shit out of your country, and taking your oil, and all your lumber, and then I scorch the earth”.
RiggedKarma on
it will be a tremendous hit to Canadian industries in the short term, but if Canada started and his still currently establishing other new trade routes with the rest of the world, this might be a blessing in disguise, because diversifying is always a great approach to anything investment related, leaving all your eggs in 1 basket is just to dangerous.
So the question is, will Canada establish new trade routes in time before Trump goes full bananas on them (Monkey King is occupied with Venezuela and Greenland ATM), or since this processes takes to god dam long, they are going to take a big hit, lets see how it goes.
Don’t forget China was also in this situation regarding Soybeans in the past, the U.S. used it to pressure them in to submission, but when U.S. tried the same thing Again, China was prepared, they had a plan and that plan made the U.S. farmers and the country suffer a lot.
“…Fool me once, shame on you, fool me twice, Shame on ME…”
ebfortin on
Yeah ok then. No electricity. No uranium. No special grade aluminum for military application, grades that nobody does in the US. He can go fuck himself. He ha sno idea what he’s talking about. It’s, again, scare tactics. Problem for him is that after a year of this nonsense, we’re kind of used to it. And the sentiment here is that we are ready to suffer if they suffer even more.
spidereater on
I’m sure I’m his mushy brain he thinks this is a good negotiating tactic. I’m sure he behaved the same way when hiring contractors. Everyone needs his business, he doesn’t need anyone else. It is a dick move when hiring contractors but as a world leader it’s just stupid. America needs global trade. It is not self sufficient.
Trade with Canada has been integral to the American economy for decades. The whole point of nafta, then cusma was to leverage this trade to open the Canadian market and get preferential access to Canadian resources. Companies have invested billions in supply chains assuming this integration would continue because only an idiot would try to stop it.
Since he came to power last year many Canadians have actively avoided American products because of his hateful rhetoric. Companies, CEOs, Governors, small businesses, have all spoken up about wanting Canadian business back. Some have shifted production or shut down production in response to these boycotts.
This is a stupid mindless stunt from an idiot. America needs to deal with this guy before he completely destroys the country. This is just another small data point proving that to be necessary.
100thmeridian420 on
I thought I read somewhere that if one of the countries backs out the terms of CUSMA still apply until 2030 something.
Also we still have Toyota and Honda and the big 3 U.S. automakers don’t have much left here anyways.
6 Comments
Canada is already badly hit by the tariffs but the worst is yet to come. 90% of their products are protected from Trump tariffs by CUSMA/USMCA. If he uses the nuclear option and pulls out of the trade deal, he actually could destroy most of their industries.
It’s a lie. The United States does need stuff from Canada. A whole bunch. From energy to crucial resources. Without our energy, the United States can’t produce its aluminum. Without our potash, the United States can’t support their farms. Without our lumber, American homes are much more expensive, and built with inferior wood.
The United States can keep their shitty cars, Canadians don’t need to buy them, and that’s about the only market that takes them.
Canada is reliable and can be trusted. Will this debacle hurt, yes, it will. But currently we’re diversifying like it’s our main commodity, and virtually every country wants a little piece of Canada. We’re the popular kid on the block, and the United States has major cooties. Like super gonorrhea style cooties.
*The only reason why Trump wants Canada is because we’re resources rich. The minute he takes over, it’ll be “im mining the shit out of your country, and taking your oil, and all your lumber, and then I scorch the earth”.
it will be a tremendous hit to Canadian industries in the short term, but if Canada started and his still currently establishing other new trade routes with the rest of the world, this might be a blessing in disguise, because diversifying is always a great approach to anything investment related, leaving all your eggs in 1 basket is just to dangerous.
So the question is, will Canada establish new trade routes in time before Trump goes full bananas on them (Monkey King is occupied with Venezuela and Greenland ATM), or since this processes takes to god dam long, they are going to take a big hit, lets see how it goes.
Don’t forget China was also in this situation regarding Soybeans in the past, the U.S. used it to pressure them in to submission, but when U.S. tried the same thing Again, China was prepared, they had a plan and that plan made the U.S. farmers and the country suffer a lot.
“…Fool me once, shame on you, fool me twice, Shame on ME…”
Yeah ok then. No electricity. No uranium. No special grade aluminum for military application, grades that nobody does in the US. He can go fuck himself. He ha sno idea what he’s talking about. It’s, again, scare tactics. Problem for him is that after a year of this nonsense, we’re kind of used to it. And the sentiment here is that we are ready to suffer if they suffer even more.
I’m sure I’m his mushy brain he thinks this is a good negotiating tactic. I’m sure he behaved the same way when hiring contractors. Everyone needs his business, he doesn’t need anyone else. It is a dick move when hiring contractors but as a world leader it’s just stupid. America needs global trade. It is not self sufficient.
Trade with Canada has been integral to the American economy for decades. The whole point of nafta, then cusma was to leverage this trade to open the Canadian market and get preferential access to Canadian resources. Companies have invested billions in supply chains assuming this integration would continue because only an idiot would try to stop it.
Since he came to power last year many Canadians have actively avoided American products because of his hateful rhetoric. Companies, CEOs, Governors, small businesses, have all spoken up about wanting Canadian business back. Some have shifted production or shut down production in response to these boycotts.
This is a stupid mindless stunt from an idiot. America needs to deal with this guy before he completely destroys the country. This is just another small data point proving that to be necessary.
I thought I read somewhere that if one of the countries backs out the terms of CUSMA still apply until 2030 something.
Also we still have Toyota and Honda and the big 3 U.S. automakers don’t have much left here anyways.