- Jan 29, 2010
- 20,489
- 4,941
- Gender
- Male
- Faith
- Catholic
- Marital Status
- Married
- Politics
- US-Democrat
I understand picking a fight with China and Mexico. Trump's tactics and plans are unknown, but it does make sense.
=======
But why pick a fight with our #1 ally and #1 trade partner.
Nothing good will come of this. If Trump wanted to renegotiate the trade deal, Canada would be forced to do, especially with their political problems.
Canada is now unified as never before. Their government and people will have no problems accepting and retaliating against Trump actions. And Trump cannot simply reverse course on the tariffs and all the ideas about making Canada a 51st state.
Canada is a stable, rich country, with a people who will likely accept the inflation effects better than US consumers. Canada will retaliate and continue to retaliate with tariffs of its own. NOW MATTER WHAT happens in the future, fewer US products will be sold in Canada. The people are already buying CANADA instead of buying from the US. After they think about it for awhile, maybe they will simply buy more from the UK, Australis and from the EU.
My BOTTOM LINE is a simple one. The US has decided to reduce out closeness with Canada and it will harm our consumers. I see no way in which it can help.
For Canada, they have work to do. They will try to find new markets for many of their products. Surely, US consumers won't be willing to pay 25% more for Canadian goods. Of course, for some products, the prices will simply go up with no other effect (example: car parts).
=======
But why pick a fight with our #1 ally and #1 trade partner.
Nothing good will come of this. If Trump wanted to renegotiate the trade deal, Canada would be forced to do, especially with their political problems.
Canada is now unified as never before. Their government and people will have no problems accepting and retaliating against Trump actions. And Trump cannot simply reverse course on the tariffs and all the ideas about making Canada a 51st state.
Canada is a stable, rich country, with a people who will likely accept the inflation effects better than US consumers. Canada will retaliate and continue to retaliate with tariffs of its own. NOW MATTER WHAT happens in the future, fewer US products will be sold in Canada. The people are already buying CANADA instead of buying from the US. After they think about it for awhile, maybe they will simply buy more from the UK, Australis and from the EU.
My BOTTOM LINE is a simple one. The US has decided to reduce out closeness with Canada and it will harm our consumers. I see no way in which it can help.
For Canada, they have work to do. They will try to find new markets for many of their products. Surely, US consumers won't be willing to pay 25% more for Canadian goods. Of course, for some products, the prices will simply go up with no other effect (example: car parts).