Summary
Trump signed an executive order imposing 25% tariffs on Canadian and Mexican imports—excluding Canadian energy at 10%—plus additional duties on Chinese products.
In response, Prime Minister Justin Trudeau announced a 25% duty on $155 billion in U.S. goods, beginning with $30 billion in tariffs Tuesday.
Mexican President Claudia Sheinbaum indicated reciprocal tariffs, rejecting claims that Mexico tolerates criminal groups trafficking fentanyl and insisting on respect for sovereignty.
Experts warn these tit-for-tat measures could drive up costs, disrupt supply chains, and mirror the previous U.S.-China trade war, possibly harming security.
Dunno enough to know how well it’d work but I read a comment here the other day saying Canada and Mexico shouldn’t retaliate with tariffs but instead opt out of their side of UMCA and just not uphold US IP laws. They could individually or together invest heavily into forming companies that provide cheaper alternatives to whatever crap US companies pull for recurring revenue. Stuff like legally mandating that phones have a local-made app store pre-installed, subsidizing or outright investing in really well made and well maintained jailbreaks, third party repairs, and third party spare parts for stuff like John Deere products, Apple produccts, Tesla products…pretty much eat the tariffs on exports to the US, don’t retaliate with own tariffs so prices locally don’t go up, but hurt US profits everywhere else by becoming a provider of cheaper but still reliable (probably more reliable tbh) alternatives to anything US.
I’m kinda disappointed that’s not what’s happening rn
Edit: USMCA, not NAFTA
Everything you described takes half a decade minimal to be put into reality. You are literally describing building a whole fricking industry. And we all know how fast you can establish industries in North America.
When a literal bully is stabbing you, you do NOT wait for half a decade to do something about that.
Instead, retaliatory tariffs are pretty much the only thing they can do instantly as a government.
We should do both. And very targeted tarrifs, not stupid broad tarrifs
As an European i’ll be expecting a visit to Canada from our representatives in order start the negociations on a deal that bennefits both of us
As tariffs hurt the importing country, not the exporting country I think that it’s odd that Canada would punish their own citizens in retaliation.
They should have added a 25% export tax on energy seeing as Trump clearly didn’t want to pay more for his imported energy.
If you heard the speech the fact that they are giving time for the full set of Tariffs mean we have a small set (booze) we are willing to cut right away. Ie. Jack Daniels is no longer on store shelves. Orange juice is no longer on store shelves.
The extra time is for Canadian companies to find alternative (non-American) suppliers. They may be more to import due to distance/time but less impact on tariffs and potentially still more cost at the end for consumers but at the same time not American goods.
The intention is to ween us off your teat.
I don’t think Americans realize that long term this is not good for you. Once new trade routes come in, it’s going to be hard for you to get those partnerships back on account of you showing yourselves as a horrible business partner.
Canada will hurt in the short term but we will be stronger in the long run.
The only thing I’m worried about now is a full on American invasion and I fear that’s on the table.
As tariffs hurt the importing country, not the exporting country
They very obviously hurt both so long as there’s any demand elasticity and especially when there are alternatives sources for the products .
So, is Canada going to import what it gets from the US (it’s only geographic neighbour) from elsewhere?
If the answer is “no, not without at least a 26% jump in cost” then the tariff is a bad response.
Would you rather us bend over and take it?
Fuck America. You asked for this. Reap what you sowed. Unlike your trifling ass back home we are unified here. You have made us stronger as a nation.
Bend over and take what? Trumps declarations have no effect on Canada.
Canadians pay Canadian tariffs on US imports. Trump is fucking America already with his tariffs. Canada mirroring them gives Trump what he wants.
Please find an adult and ask them to explain general economics to you and in the meantime look up the impact of tariffs and trade wars.
Canada doing nothing gives Trump what he wants. Fighting back with our own Tariffs is the next step. Make no mistake this is a war. Not all war is fought with guns.
Explain how demand elasticity affects both countries please. I expect Trump uses these tariffs as a scare tactic for countries who depend greatly on exports to America, but i don’t know how elasticity of demand plays in.
Tariffs will drive the prices upward but consumers will still be compelled to make those purchases for a time, which is to say that they will just bite the cost because the alternative is less desirable. This demonstrates a lack of equilibrium between price and demand. In a non-elastic scenario, the rise in price would directly correlate to a decrease in demand.
This fucking clown is going to push the whole world into a new recession.
Trump Depression by 4th of July
That way the rich capitalists can buy up EVRRYTHING at fire sale prices!
Remember when Biden was doing all he could to keep things in one piece while all the newspapers were trying to doom and gloom us into a recession just after the Great Resignation?
Stability is bad for business
- War is good for business!
The Great 1929 Recession boosted conservatives.
Can he also tell Google to NOT show both “names” for Gulf of Mexico in his country? This could spark a wave of international boycott of Trump’s petty bullshit.
I just checked on mine, it says “Gulf of Mexico”. Perhaps it depends where a user is located?
Idk when the change is implemented but Google said it would show
- “Gulf of America” in the US
- “Gulf of Mexico” in Mexico
- Both names elsewhere
Nothing has changed for Czech users yet.
Good morning American Neighbors. Have you classified me and mine as threats to your
world hegemonyNational security yet?If you’re Canadian, can you please come and burn down the White House again?
Just get the Jan 6 rioters on call, I’m sure they’d be happy to help with that
Not with their God King in the building.
Yup they’re now officially standing by.
please, just put us out of our fucking misery. PLEASE.
too busy keeping an eye on our own fifth column, and potential collaborators/quislings should things go “there” .
Considering Trump’s reaction to retaliation against his own divine authority, is to flip the fuck out and escalate.
“HOW DARE YOU RESIST”
I wish you the very best. know that many, many, many of us consider you to be true friends and neighbors. please be there and sane should we manage to reverse this disaster. we will need you.
Please marry me so I can get Canadian citizenship and escape this insane fascist hellhole, PLEASE
Coming soon.
Trump: wait, they can DO that?
Can’t wait to call and gripe loudly about the massive price increases to the staffers of my idiot congressman and senators.
Orange
Mangoes
Bananas
very nice: 🍊 🥭🥭🥭 🍌🍌🍌
Correct. Fascist 47 is a terrible human.
He should no longer be permitted to breathe.
Wonder who will be the first with sanctions.
Good response, world politics goes wild
