Carney says a U.S. trade deal without some tariffs is unlikely
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What would “Elbows up” look like in this situation that doesn’t result in a massive recession?
I think the recesssion is coming if we stayed tied to the ship that’s heading for the reef.
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I think the recesssion is coming if we stayed tied to the ship that’s heading for the reef.
The problem is we are so coupled to that ship recession is basically inevitable. We could say today “No more trade with the US” from the bottom of our hearts and mean it, but our Economy would collapse.
Even if we could perfectly and surgically decouple from the states, we still have to deal with the rest of the world being tied to that sinking ship.
Realistically we need to be ready for a recession, and hopefully, the maneuvering being done will limit the damage.
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The problem is we are so coupled to that ship recession is basically inevitable. We could say today “No more trade with the US” from the bottom of our hearts and mean it, but our Economy would collapse.
Even if we could perfectly and surgically decouple from the states, we still have to deal with the rest of the world being tied to that sinking ship.
Realistically we need to be ready for a recession, and hopefully, the maneuvering being done will limit the damage.
Probably. It’s wishful thinking to believe we can cut them off enough to not catch cold when they sneeze. And we all know they have a bout of pneumonia coming.
Now if the idiot in chief caught a good case of pneumonia and cratered, there might be something to save yet.
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You know, I was actually relieved to hear he knows we’re not getting a full resumption of free trade.
I’m kind of fed up with Ali Express at this point. Nothing actually gets delivered. Does anyone know any other Amazon alternatives?
Amazon is a logistics company, not a retail company. Replacing Amazon means using Canada Post more than it means shipping at Canadian tire.
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Yeah, he is nice and direct. I actually worry that will prove a weakness in the long run. The politician shtick where you use a ton of words to say nothing is popular because it works.
Unfortunately I have to agree with this, but I am hoping he can pull something off to change that popular way politicians like to get elected. Not high hopes, rational people never seem to last, but it’s all I got. haha
It’s possible we can manage a UK-style deal where we accept “only” 10% in exchange for whatever perceived concessions. Trump will probably want a much lower rate on US products, though. That would make it pretty hard to protect our domestic industries; they’d be losing US market share and not gaining market share here.
Considering what is known, Trumps proposal seems to be free trade for the US, tariffs for the “Privilege” of getting foreign products on US shelves, and no willingness to negotiate for anything less.
I think it is possible to manage as well, but you raise a good point about our domestic industries being hurt in those conditions.
I don’t know what a good deal for Canada would even look like at this point considering I do not believe Trump is going to stop until we are a part of the US. I cannot imagine what our Government is dealing with behind closed doors, and the more information that comes out the more it seems like Carney’s strengthening of ties with other partners is the priority while we dance with the devil buying some time.
the more it seems like Carney’s strengthening of ties with other partners is the priority while we dance with the devil buying some time
I really hope so, because that’s the only sane thing for us to do as a country
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okay, cool. i buy everything canadian, or from other countries besides the US anyways. its super easy.
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Then that digital service tax goes back, right? If only one side negotiates in good faith you shouldn’t capitulate.
Onward and upward to the “entire rest of the world” market that’s also looking to distant itself from the toddler peeing in his own kid pool.
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I thought there was an already a free trade deal called CUSMA?
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I thought there was an already a free trade deal called CUSMA?
Read the article. If you are willing to do the paperwork, most goods are exempt under CUSMA.
The “section 232” tarrifs on steel, aluminum, and vehicles are the biggest problems right now. Those may eventually be ruled illegal anyway (in the US).
Let’s just continue to buy from and trade less with them every chance we get.
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Yeah, he is nice and direct. I actually worry that will prove a weakness in the long run. The politician shtick where you use a ton of words to say nothing is popular because it works.
Unfortunately I have to agree with this, but I am hoping he can pull something off to change that popular way politicians like to get elected. Not high hopes, rational people never seem to last, but it’s all I got. haha
It’s possible we can manage a UK-style deal where we accept “only” 10% in exchange for whatever perceived concessions. Trump will probably want a much lower rate on US products, though. That would make it pretty hard to protect our domestic industries; they’d be losing US market share and not gaining market share here.
Considering what is known, Trumps proposal seems to be free trade for the US, tariffs for the “Privilege” of getting foreign products on US shelves, and no willingness to negotiate for anything less.
I think it is possible to manage as well, but you raise a good point about our domestic industries being hurt in those conditions.
I don’t know what a good deal for Canada would even look like at this point considering I do not believe Trump is going to stop until we are a part of the US. I cannot imagine what our Government is dealing with behind closed doors, and the more information that comes out the more it seems like Carney’s strengthening of ties with other partners is the priority while we dance with the devil buying some time.
Considering what is known, Trumps proposal seems to be free trade for the US, tariffs for the “Privilege” of getting foreign products on US shelves, and no willingness to negotiate for anything less.
That is my take on it as well.
He is well known to take a “zero sum game” approach to pretty much every situation. The only way he can envision him winning is to make others lose.
The concept of mutually beneficial agreements seems like something that he cannot understand or accept.
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I thought there was an already a free trade deal called CUSMA?
That he negotiated but barely abides by, yes. Still, it’s protecting us from the bulk of the tariffs right now. It sunsets pretty soon though.
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Read the article. If you are willing to do the paperwork, most goods are exempt under CUSMA.
The “section 232” tarrifs on steel, aluminum, and vehicles are the biggest problems right now. Those may eventually be ruled illegal anyway (in the US).
Let’s just continue to buy from and trade less with them every chance we get.
Happy cake day!
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okay, cool. i buy everything canadian, or from other countries besides the US anyways. its super easy.
At the store it’s doable, assuming a fairly permissive definition of “non-American”. But, the digital giants are harder. Lemmy-type people can manage an approximation, but non-technical people would struggle. I myself am having trouble with online shopping, as mentioned elsewhere in the thread.
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Then that digital service tax goes back, right? If only one side negotiates in good faith you shouldn’t capitulate.
Onward and upward to the “entire rest of the world” market that’s also looking to distant itself from the toddler peeing in his own kid pool.
If negotiation fails and he doesn’t put it back I’ll be pretty disappointed, yeah.
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Amazon is a logistics company, not a retail company. Replacing Amazon means using Canada Post more than it means shipping at Canadian tire.
How do you manage the actual purchase and initial shipping from the supplier? Not everyone is going to have their own independent storefront, I assume.
