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It is also through the exchange rates. USD to CAD has front ran a lot of this already. 1.45 is crazy. The idea Canada can so easily re-route trade is absurd.
by dutchbookmaker 2y ago
It is also through the exchange rates.
USD to CAD has front ran a lot of this already. 1.45 is crazy.
The idea Canada can so easily re-route trade is absurd. Especially when the trade is going to be settled in USD.
I have been trying to understand the point of all this and come up empty this morning. I would have to assume it is for enormous leverage in the trade deal that ultimately ends all this. The leverage this gives the US in a trade deal, especially with Canada is pretty incredible.
25% is just so insane that it probably does cause Mexico and Canada to concede to whatever Trump wants in a trade deal and in short order. I think this is why Trump won't even take a call from Trudeau right now. It is a leverage tactic and then when they do talk what leverage does Trudeau have? Basically zero.
- nightowl_games 2y agoYes, the USA has massive leverage over Canada on basically every front. We are a small child standing next to a massive person with a gun. But what is the point of destroying us? Our economy is already down. All of our tech elite move to Silicon Valley. Our energy infrastructure cant get off the ground. The USA dictates so much of what Canada is able to do. What is the point of squeezing us more? We have so little we can offer you. We've already given you the lives of our soldiers as we follow you into pointless wars. What more do you want? The pennies in our pockets?
- ModernMech 2y ago> What more do you want? The pennies in our pockets? Pretty much yeah. US wants to tax you, subject you to their religious laws, and take your oil. What are you willing to do about it?
- ygjb 2y agoWe are hoping the electorate in the US doesn't want to find out. US leadership has threatened Canada and other countries with using economic or military force for annexation. Canadians are hoping that saner heads will prevail, but it's not looking very good. We are very much aware that our military has been underserved in every way by Canadians, and that was part of the reason I chose not to continue my military career. In the meantime, we are carefully and cautiously reminding the United States that we fought many of the same wars and learned the same lessons as the US military about how insurgencies are fought, and while many of our friends, family, and neighbours are American, we are not, and do not want to, and will not be American. Do with that what you will.
- ModernMech 2y agoI fear that in hoping cooler heads will prevail, you've only set yourself up for failure. Trump and Musk will take advantage of your willingness to see them as better than what they are. That's how they win. Just remember they are doing Nazis salutes and setting up a concentration camp in Cuba. There are no more cooler heads.
- dinkumthinkum 2y agoWell, that's nonsense. No one is doing "Nazi salutes" nor setting up concentration camps. I mean if the ADL say it was not such a salute, methinks thou doth protest too much. As far as concentration camps, this is just leftist hyperbole. Visit Germany and Poland go see what real such things were like, this is more offensive to those victims of atrocities then the made up things you are referencing.
- ModernMech 2y agoMusk literally did a Nazi salute behind the presidential seal. And Trump announced concentration camps at Guantanamo Bay, so you're wrong there as well. I'm not getting my news from leftists, I'm getting it from the two co-presidents. You just have to watch what they do and say in public to come to these conclusions.
- dinkumthinkum 2y agoAgain, the ADL literally said it was not such a salute. Also, those are not concentration camps of the kind of Nazi Germany. This is highly offensive to those that suffered in the holocaust to conflate these things.
- ModernMech 2y ago"Also, those are not concentration camps of the kind of Nazi Germany. This is highly offensive to those that suffered in the holocaust to conflate these things." Yeah, they are like 1933 Nazi camps, not 1945 Nazi camps... The road to Nazi Germany was paved by people, like you, who looked at the obvious and dismissed it as hyperbole until the truth became unbearable. You're literally that guy in the "are we the baddies?" meme. They are doing Nazi salutes and setting up out-of-country concentration camps to which they will send individuals they deem "illegal" who have been labeled by the head of state to be "poisoning the blood" of our nation. This sentence is true in America today, and in 1933 Nazi Germany. As for anyone who is offended, send them my way and they can give me an earful, and we can talk it out. But when I see a Nazi salute, I'm calling it out; I don't care who it offends.
- nightowl_games 2y ago> What are you willing to do about it? This is the vibe of a bully taking a kids lunch money and then saying 'What are you gonna do about it?' I'll never forget this feeling. The world is watching.
- ModernMech 2y agoThat's exactly what it is. The world is transitioning from a "rule of law" order to a "rule of jungle" order, where might makes right. People who understand this will have an easier time in the new world order. The goal now is to make it through the inevitable war, and try to set up a better rule of law next time. Canada is the first test. The way to handle America is to use the only language bullies know: force and strength. Never back down. Never give an inch. If Canada tries to negotiate, it's done. Whatever agreement is reached, America will renege, and Canada will lose.
- nightowl_games 2y ago> force and strength The problem is that the USA is capable of far more force and strength than Canada is. It's like an abusive relationship, but one where due to geography, Canada cannot simply leave.
- aborsy 2y agoI blame Canadian leadership. There should have understood the risk long ago. There are other problems as well due to weak management. The claim about drugs is a legal justification for the use of emergency power. Canada isn’t causing problems for US. These tariffs are harmful and unfair to Canada. It makes you wonder what “ally” means with US.
- nightowl_games 2y agoSorry - what do you blame Canadian leadership for? What did they do?
- aborsy 2y agoCanada’s leadership could have done better in the past decades (not that they are directly responsible for these tariffs). * Canada funds and invents new technologies in early stages, but fails to commercialize them: AI, smartphones, pharmaceuticals, … * Canada hasn’t introduce measures to retain its talent. It’s too easy to be trained in Canada and work in USA. * Canada hasn’t diversified its trade. It exports around 80% of exports to a super power, putting itself in a vulnerable position. * Canada’s economy focuses on natural resources, oil, finance and services. It should do a better job in more productive sectors (tech, manufacturing, etc). * Canada’s immigration is insane. * The housing crisis, inflation, reduced GDP per capita and productivity are the result of poor management. * Canada should stay neutral with respect to internal politics of major powers. The power swings, and liberals should not speak ill of republicans. * Canada should meet its NATO commitments. It contributes less than most members. It should think of defense. * Canada’s universal healthcare system seems to me costly and hard to sustain, and needs to be reformed to lower public costs. Thankfully, tariffs are delayed, and hopefully will not be slapped back.
- nightowl_games 2y agoI agree with your points in general but I'm still confused - how do you connect any of these to the USA tariffs? I'm specifically asking you how you can justify this statement "I blame Canadian leadership [for the tariffs]."