Canadian here. We are all willing to concede that there were areas of our relationship that needed improvement, but what's upsetting us/pissing us off is the hostility and the capriciousness of it. We're trying to figure out "what do you want?" Fentanyl is obviously just a pretext for IEEPA, because we have no idea what we're supposed to do about it (sure, "fighting crime" is a good thing, but if the US can't even keep drugs out of *prisons*, 100% security of a 9000km border is impossible). There's no way they want us to be "the 51st state" because they'd never let us vote in US elections. (we'd be a very big, very blue, very ticked off state that just lost its health insurance). They can't possibly want to sell us more milk or deal with some other minor trade irritant (they are generating so much ill-will that nobody will ever want any of their products again). They claim they want "manufacturing to move back to the US", but that takes *years*... nobody is going to make investment decisions based on a tariff that could be cancelled next week.
I honestly haven’t heard that sentiment (Trump induced respect) from anyone I know, including Trump supporters. President Trump was rather unpopular with other countries his first term, especially first world countries. I don’t think peer relationships will change much over the next three years. They surely can’t get much worse, and the current administration isn’t going to (publicly) apologize for any of its actions.
While I don’t see the “pariah” characterization you do, the nascent trade war, as expertly explained in the article, has been and will continue to be a negative for everyone involved.
I don’t know any able-bodied and not feebleminded adult in the USA that couldn’t find a job right now. They may have to accept something below their desired job stratification level. The USA has a (too) large safety net for those who *choose* not to work.
You may want to start researching just how small America 's social security system compares to other Western countries. 'Not knowing someone' doesn't qualify as a knowledge let alone research.
Totally tragic, and also bizarre -- who wants to become friends with someone who treats their best friends this way? Economies around the world will think twice before engaging with America for a long time to come. Banging post and banging title Joey.
Think there is also a need to watch for the possibility of corruption related to the imposition of these tariff measures. Individual companies and CEOs will undoubtedly spend time lobbying the administration to seek exemptions or reductions for their industries. This then offers up massive opportunities for Mr. Trump and those in his administration to make money (for ex., through crypto) in exchange for such adjustments. As well, there is a possibility of foreign funds flowing in a similar manner to administration officials. Maintaining tariffs on Canadian aluminium and potash but not on Russian production could be a sign of corruption as well.
Will also need to look carefully at how tariff levels are set in retaliation for what the Trump administration classifies as non-tariff barriers. Given there is seemingly no need to reflect reality or nuance, it is possible Mr. Trump will impose a 200% tariff on all Canadian dairy exports to the United States. He will just continue to conflate tariff-rate quota levels to everything because it suits his messaging to show how nasty Canadians are. Or he will pick some arbitrary tariff number out of the air in retaliation for Canada having a Goods and Services Tax (VAT).
Greate explanation of the consequences of Trumps incoherent so-called economic "policies". But it's important to point out it's all just racist fear mongering demoguary giving his white supremacy base new red meat every day waving the bloody shirt.
Great article. Tariffs will most likely destabilize America and will take out the lower middle class and lower class. I think what grinds my gears is these people say they was a market based economy or they say socialism is bad but they are doing just that. By put tariffs on goods the government is saying we will pick winners and losers not letting the market decide.
Canadian here. We are all willing to concede that there were areas of our relationship that needed improvement, but what's upsetting us/pissing us off is the hostility and the capriciousness of it. We're trying to figure out "what do you want?" Fentanyl is obviously just a pretext for IEEPA, because we have no idea what we're supposed to do about it (sure, "fighting crime" is a good thing, but if the US can't even keep drugs out of *prisons*, 100% security of a 9000km border is impossible). There's no way they want us to be "the 51st state" because they'd never let us vote in US elections. (we'd be a very big, very blue, very ticked off state that just lost its health insurance). They can't possibly want to sell us more milk or deal with some other minor trade irritant (they are generating so much ill-will that nobody will ever want any of their products again). They claim they want "manufacturing to move back to the US", but that takes *years*... nobody is going to make investment decisions based on a tariff that could be cancelled next week.
always amusing to hear trump voters say "with trump the world will respect us again" when in reality he has turned america into a pariah state
I honestly haven’t heard that sentiment (Trump induced respect) from anyone I know, including Trump supporters. President Trump was rather unpopular with other countries his first term, especially first world countries. I don’t think peer relationships will change much over the next three years. They surely can’t get much worse, and the current administration isn’t going to (publicly) apologize for any of its actions.
While I don’t see the “pariah” characterization you do, the nascent trade war, as expertly explained in the article, has been and will continue to be a negative for everyone involved.
It also should be noted that most countries OTHER than the United States have social safety nets to help the unemployed.
For the Americans it's homelessness.
I don’t know any able-bodied and not feebleminded adult in the USA that couldn’t find a job right now. They may have to accept something below their desired job stratification level. The USA has a (too) large safety net for those who *choose* not to work.
You may want to start researching just how small America 's social security system compares to other Western countries. 'Not knowing someone' doesn't qualify as a knowledge let alone research.
Totally tragic, and also bizarre -- who wants to become friends with someone who treats their best friends this way? Economies around the world will think twice before engaging with America for a long time to come. Banging post and banging title Joey.
Trump has adopted China’s policy of not importing anything that can be produced domestically.
Think there is also a need to watch for the possibility of corruption related to the imposition of these tariff measures. Individual companies and CEOs will undoubtedly spend time lobbying the administration to seek exemptions or reductions for their industries. This then offers up massive opportunities for Mr. Trump and those in his administration to make money (for ex., through crypto) in exchange for such adjustments. As well, there is a possibility of foreign funds flowing in a similar manner to administration officials. Maintaining tariffs on Canadian aluminium and potash but not on Russian production could be a sign of corruption as well.
Will also need to look carefully at how tariff levels are set in retaliation for what the Trump administration classifies as non-tariff barriers. Given there is seemingly no need to reflect reality or nuance, it is possible Mr. Trump will impose a 200% tariff on all Canadian dairy exports to the United States. He will just continue to conflate tariff-rate quota levels to everything because it suits his messaging to show how nasty Canadians are. Or he will pick some arbitrary tariff number out of the air in retaliation for Canada having a Goods and Services Tax (VAT).
Possible example today https://appleinsider.com/articles/25/04/12/trump-gives-apple-a-giant-break-with-wide-ranging-tariff-exemptions
Greate explanation of the consequences of Trumps incoherent so-called economic "policies". But it's important to point out it's all just racist fear mongering demoguary giving his white supremacy base new red meat every day waving the bloody shirt.
Great article. Tariffs will most likely destabilize America and will take out the lower middle class and lower class. I think what grinds my gears is these people say they was a market based economy or they say socialism is bad but they are doing just that. By put tariffs on goods the government is saying we will pick winners and losers not letting the market decide.
This is an unusual period, perhaps not rare, where both political parties prefer industrial policy over market based capitalism.