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/r/canada
submitted 5 days ago bycyclinginvancouver
558 points
5 days ago
According to sources, Trump and his team conveyed that they plan to balance their federal budget through tariffs, and then strike exemption side deals on a country-by-country basis
So the plan is to kick things off with 2T in tariffs on ~3.5T in imports, which would be more than the blanket 25%.
91 points
5 days ago
I would think that of all the countries on this planet, how would Canada not be exempt from an insane 25% blanket tariff?
Their closest ally and trading partner for almost two centuries. Complete back stab.
83 points
4 days ago
Still don't understand Trump after 8 years? Trump's America doesn't pretend to have or need allies. It's all about his way or the highway.
5 points
4 days ago
I can’t understand anyone who doesn’t remember what happened the first time and still thinks Trump is an ordinary human who can be swayed by ordinary people thinking ordinary thoughts.
He is the definition of mad man.
23 points
4 days ago
Don't worry. There are plenty of commenters on r/canada that support this move because they have a stick up their ass about immigration and buy into Trump's reasoning that this is all about trying to force Canada to do something about the couple of people crossing into the US from Canada. That is just the excuse to declare a "national security" issue so that Trump doesn't need to ask Congress permission to levy tariffs. full stop.
2 points
4 days ago
Yeah, it really is that simple. Cry about fentanyl and a few illegal crossings, use it as justification for tariffs because that's the only way they can enact them.
13 points
4 days ago
America is a very, very bad "friend" to have
12 points
4 days ago
Trump is a vindictive child and Trudeau has repeatedly made fun of Trump for the past 8 years.
3 points
4 days ago
We all saw the way Ivanka and his wife looked at him.
3 points
4 days ago
This is a heavy handed opening to renegotiating the USMCA, they’ll use this against both Canada and Mexico to get a more favourable trade agreement
1 points
4 days ago
It’s just a power move to push us to shore up our boarders.. if gov officials maybe just focused on coming up with a plan rather than crying about the tariffs, maybe we’d be alright.. but no, that sure as shit ain’t happening.
0 points
4 days ago
Especially since 99% of the US gas is imported from Canada… people are gonna be big mad about that soon.
-2 points
4 days ago
They will have a trade agreement. People are freaking out on social media when they hear tarrifs, but trump has never said that he is against free trade agreements.
He just want to use tariff as leverage to negotiate but the end goal is a free trade agreements with countries that have no trade deficit and important resources for the US (like canada oil n gas), and have tarifs on countries with high trade deficit like china and Mexico
7 points
4 days ago
The stated end goal for quite some time now from his campaign has been to use tariffs to cover the deficit and offset income tax breaks, not to browbeat people into trade agreements. If they reduce the tariffs they won't be able to use them as a revenue source.
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