Canada and Mexico hit back after Trump signs order for punishing tariffs

[felixcress@lemmy.world]

This post did not contain any content.

[felixcress@lemmy.world]

The EU has a trade deal with Canada already, perhaps there is a scope for further improvement?

[jeebaichow@lemmy.world]

Maybe send some of it via Greenland. Gotta be cheaper than his stupid tariffs.

[wewbull@feddit.uk]

Damn it Canada! Tit for tat tariffs are not the answer.

Respond for sure, but now you're taking money out of your own citizens pockets to spite him. That idiotic.

[felixcress@lemmy.world]

Would you like to turn the other cheek?

[buffalox@lemmy.world]

So what do you suggest should be done instead?

I must admit that I'm curious if there are any goods from Canada USA depends on. It could be hilarious if Canada chose to tax EXPORTS of such goods. Increasing US prices even more. Problem is I don't think is much to do that on if any at all.
But an American lumber crisis undermining their entire real estate market could be fun.

[wewbull@feddit.uk]

Self harm isn't an effective strategy. Do something that actually hurts the US.

[wewbull@feddit.uk]

Some others have ideas.

https://sh.itjust.works/comment/16434852

[buffalox@lemmy.world]

That post by Merc has a lot of good ideas, when it comes to it, USA is making a lot more money on services, that could be freely copied, while USA is way more dependent on actual goods.
In such a trade war, I think USA would surely lose.

[implyingimplications@lemmy.ca]

Tarrifs are simple, easy, and can be implemented immediately by the Prime Minister alone. All the other things listed in that comment are fine ideas, but require parliment pass laws, which is going to take time since we're approaching an election. I don't think it's appropriate to wait months before even starting the debate in parliment about what we should do.

There's also no guarantee any of those ideas would even pass into law. I doubt many politicians are keen on tearing up patent and copyright protection so Canadian companies can rip off American innovations.

[jmcs@discuss.tchncs.de]

Selective tariffs that impact exports from swing states without increasing the prices to much is an effective strategy. The EU already used it successfully against the US a few times (basically every republican president needed it as a warning shot)

[pivot_root@lemmy.world]

I doubt it would ever happen, but they could redistribute the money from those tariffs back to citizens. It would be a net positive for people who choose to get goods made locally or imported from friendly nations.

[cyd@lemmy.world]

"Via Greenland" makes no sense. The trouble with Canada-Europe trade is that Canada unfortunately lacks a good port on its east coast (certainly nothing comparable to Vancouver in the west). For the foreseeable future, if the trade dispute with the US drags on, Canada's best bet is to expand its trade with Asia.

[cyd@lemmy.world]

Going after US tech is an obvious move. Digital services taxes, etc.

[peppycito@sh.itjust.works]

Is Halifax not a good port?

[skyrmir@lemmy.world]

Good location, limited infrastructure. They'd need to build a full commercial cargo port, and probably expand the oil/gas facility a lot.

[notsteve_@lemmy.ca]

Sounds like a good investment imo

[skyrmir@lemmy.world]

Given current politics, maybe. It's a big expenditure that could go bankrupt if the current political insanity gets shut down. I think if the government put some guarantees of future support in case that happens it would instantly be a worth while project. Which probably depends on selling it as a national security and resilience issue.