U.S. Commerce Secretary Howard Lutnick told Fox Business on Tuesday that President Donald Trump will reach a middle ground with Canada and Mexico on tariffs and an announcement to that effect was expected on Wednesday.
Unstable and incompetent, that’s the only way to describe this complete shit show.
Stay the course, Canada.
Shit I’d bump it to 75% tarrifs across the board for American made products.
Do you want strength? There you go, Shitty Orange Julius.
We can’t really afford to do that. I’m not actually convinced we should respond with tariffs because it will hurt us more. They certainly shouldn’t be our only or primary tactic. We will have the double whammy of less exports giving less money coming in and less jobs (because of US tariffs), and more expensive imports that we rely on but can’t afford (because of our tariffs). Trump is trying to wreck our economy and adding tariffs on US products won’t help us prevent that. Our tariffs are meant to be punitive, to get Trump to back down, and I’m not convinced they will succeed in that. He’s going to war to destroy Canada and he’s willing to sacrifice poor Americans to win that war. We can’t survive a tariff-to-tariff boxing match, just as much as we couldn’t possibly survive a toe-to-toe fight. We need to be creative and think guerilla (trade-) warfare.
We need to find specific ways to make it painful for rich Americans while not making it worse for the majority of Canadians. We need to move manufacturing back to Canada and we need to find new trade partners and repair old deals, and improve trade internally. Some of that will take time and it still won’t remove our need to import from the US, but it will give us a better long term outlook.
And not buy American products or pay for American services. This applies not only to Canada.
I’ve been cancelling my US tech services subscriptions and picking up alternatives.