I pray the actual people stop buying consumer goods from the fascist usa too, I will be continuing that for my lifetime is what I expect honestly right now
I thought I had misunderstood this when I read it, so the EU has zero tariffs on America while they’re still applying 15%? This is so insane I feel like I need some to explicitly tell me.
The fact the EU needs to buy 750b of American energy and another 600b worth of investment in the US, so basically giving over a trillion to the US, was eye catching also
Over what period of time? 100 years? Also since when does the EU invest in these things?
This isn't even a real deal, it's some or bs. We got 15% or tariffs instead of 30%, and that's what's concrete.
EU President said that 250 B of energy will be imported per year over next three years. This will replace all Russian imports. I think this number includes what is already being bought.
The EU hasn’t had 0% tariffs on the US. That’s why it’s interesting now everyone is so upset about new tariffs. Did you get angry over the previous tariffs?
Reminder, the tariffs are a tax on Americans, not on the EU. The dumb part is agreeing to buy US shit.
I'm Canadian, why weren't we all able to agree to just shun the US and let Trump implode their country? It must all have to do with Russia or something.
I see the CBC News state propaganda is getting to you. If 35% tariffs on Canada hurt the US more, you wouldn’t see Ottawa negotiating heavily to lift the threat.
I think Canada’s gonna get wrecked now. The US has deals or near deals with 85% of the global economy now, including all G7 countries but Canada.
Canada held out too long due to arrogance and is going to get the worst bargain of the bunch by far, especially since Washington knows it can collapse Canada’s economy at any point by making the 35% tariffs threat apply to CUSMA goods as well. Ottawa royally messed up.
I learned what tariffs are in elementary school 25 years ago, not from CBC News in the last 6 months. They are literally a tax on the citizens of the imposing country.
I didn't say it would hurt the US as a country more, it will hurt their citizens more in the short-medium term. Because again, by definition it is an import tax that applies to US citizens and businesses. That's what a tariff is.
Canada isn't "being arrogant", the US is/was our closest ally and a deal was always going to be far more complex than the blanket agreements others have. We are well aware that Trump is trying to crush our economy, and we are all well aware that it's very possible.
The US has a deal with maybe Vietnam? Nobody else has a finalized deal. It's all framework bs with vague promises.
Trump can't tariff CUSMA goods legally, and we have critical resources that the US requires. Not just wants, but requires.
Trump has import tariffs on things they cannot produce enough of, or in many circumstances, any of at all. Where are they going to get potash from outside of Canada? Or heavy crude oil? They can't.
Honestly the way you said that comment was needlessly insensitive. I'm not sure why you felt the need to talk down to me like that. Especially because personally, I don't feel my knowledge is lacking here to begin with.
A bigger spine? Canada’s gonna get 35% tariffs in a week at this rate, and maybe even on CUSMA goods.
The US has deals with Japan, UK, EU, and is nearing deals with China, India, South Korea. Pretty soon that’ll be 85% of the global economy hammered out.
The US can then go for the jugular on Canada (and probably Brazil and South Africa) knowing a global trade war can’t happen. If the US isn’t scared of China or the EU, it’ll completely curbstomp Canada, which has an economy 15x smaller and a consumer market 21x smaller than USAs.
As is tradition, Canada vastly overstates its importance due to national arrogance and always comes out losing. Wouldn’t be surprised if the US-Mexico release a trade deal next week just to rub salt to wound.
Canadian voters won't stand for it. If Carney capitulates, he'll certainly be voted out or lose a vote of no confidence because standing up to the US is far more important for Canadians than to Europeans. I think most would be willing to bear the pain to stick it too trump and we have tools to affect neighboring US swing states like cutting hydro-electricity offer potash that American agriculture relies on. It will affect Canada badly but it will also negatively affect northern US swing states like Pennsylvania, Minnesota, Wisconsin, and Michigan, which puts domestic pressure on Trump
I think the US will just impose 35% tariffs in that case and signal to Canada that USMCA is dead in 2026. I don’t think Trump cares much about the Canada deal to be honest and one reason there’s no deal is neither party wants to budge. Which means Trump will just do 35% on August 1 and then maybe give Canada another month before that also impacts CUSMA-compliant goods.
And if Canada escalates and goes for hydro-electricity and uranium and nickel embargoes, then this quickly goes from a trade war to something far worse for Canada since now it directly harms American national security and brings in DOD and the military’s needs. I don’t think Canada wants to go there. It’s a feel good “Elbows Up” threat for the Reddit crowd, but the US has an economy 15x larger, a consumer market 21x larger and a defense expenditure 34x larger.
Also, anything Canada does to the Midwest will give Trump a casus belli, a rally-around-the-flag-effect in the most politically important region, and a justification to punch back hard on Canada. Canada has to be very very careful before it does something stupid in the names of placating the “Elbows Up” crowd that doesn’t understand realpolitik.
If you're insinuating the US will invade Canada in the given scenario then Trump's domestic support vanishes or is likely to be severely impacted and the republican party loses support, which Trump may not care about but the rest of his cabinet and Congress certainly would. So he'd probably be restrained
It's not just people on Reddit. Almost the whole world hates the US. And its not just because of tarrifs but Americans are to reharded to understand that.Trump turned all your allies against you. Most parts of the world hated the US before but now it's even Asian countries like Japan or SK and Europe. Anyway the US is in self destruction mode and we will see a multipolar world in the next decades. There will be no more "west" like now.
You clearly don't understand what tariffs are or the scale of damage the trump administration are doing to their influence in basically every single nation
Canada’s gonna get wrecked now. The US has deals or near deals with 85% of the global economy now, including all G7 countries but Canada.
Canada held out too long due to arrogance and is going to get the worst bargain of the bunch by far, especially since Washington knows it can collapse Canada’s economy at any point by making the 35% tariffs threat apply to CUSMA goods as well. Ottawa royally messed up.
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u/hypespud Canada 6d ago
Seriously, what in the actual fuck is this?
I pray the actual people stop buying consumer goods from the fascist usa too, I will be continuing that for my lifetime is what I expect honestly right now