5 ms·
I don’t think you can approach it from a rational economic perspective because that’s not how it started: it’s a dominance power play and what we’ve seen with C
by acdha 25d ago
I don’t think you can approach it from a rational economic perspective because that’s not how it started: it’s a dominance power play and what we’ve seen with China and the EU is that standing up to a bully is the only thing which causes them to back down. If you accept the offer, people like that see it as a sign they could’ve asked for more.
The companies who are forced to raise prices are politically well-connected, mostly as part of his party, and I’m sure the Canadian government is banking on their executives and his laid-off voters pushing him to cut a deal.