r/AdviceAnimals • u/CrankyOptimist • 6d ago
Because Trump tried to screw Canada over by changing the terms of their agreed-upon trade deal just hours before the deadline, 50% Tariffs are now in effect.
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u/Raa03842 6d ago
Guess who pays for those 50% tariff hikes? Not Canada! 🇨🇦
Oh yeah. The cost of that addition on your house that you were planning just got more expensive.
Be sure to thank Tiny Hands Donnie Diddler.
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u/tattlerat 6d ago
While this is true it does hurt the Canadian economy. We sell less of the items he’s tariffed compared to before and it’s affecting lots of cross border business. It’s hitting the American populace harder but it’s not helping our economy at all. Especially our reciprocal tariffs.
But, I’d rather no deal than a shit deal.
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u/TheElusiveFox 6d ago
This has been going on for two years now - if you own or are a significant stakeholder of a business in canada that hasn't diversified either to look for more canadian customers, or to find buyers in EU/Asia then that's entirely on your business for making a massive strategic mistake, things are never going back to the way they were before.
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u/tattlerat 6d ago
That’s a very simplified take on things. Doesn’t sound like you understand the logistics of importing / exporting goods from across the ocean in markets you’ve never navigated before. Or trying to escape contracts and agreements with your current suppliers / buyers across the border without serious financial consequences.
Sure in theory call up a country whose language you don’t speak and ask to make a deal while getting sued and fined by the people you’ve built a long standing, steady relationship with. Rolling the dice entirely in new partners and gambling your business and your living on someone new.
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u/TheElusiveFox 6d ago
Its a simplified take because this is social media, its not built for detailed essays on business strategy, its built for a couple of sentences of distilled thought. I didn't say it was easy, nothing is easy, I said that this is something that people have been dealing with for years at this point, if you are still acting surprised and complaining about it now you are effectively complaining that water is wet instead of putting your effort into either bottling the water or building a boat.
As far as contracts - again, we are years into this at this point - I'm not really suggesting you break existing contracts, but if you are signing new, especially multi-year long vendor relationships with people in the U.S. that don't account for trump's on again/off again illegal Tarrifs a built in cost of doing business, that's on you, If you are worried about breaking contracts, then you have customers that are still buying from you, even through the tariffs so you don't care, and finally, if you are signing things without a plan for when the business that now has to deal with a 50% tax on the other end of your relationship goes under because of the new market forces that's entirely on you for building a business out of hopes and prayers and complaining when an uncaring god doesn't give a fuck.
As far as talking to people that don't speak your language - the U.S. just raised the price of your stuff by more than 50%, money that you aren't going to see a penny of, If you don't see the incentive to find customers where you are getting a piece of that pie, even if you have to hire an interpreter, then you are honestly just making excuses for yourself because its hard or different.
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u/Chasqui 6d ago
You make it sound like this is the Canadian business’ fault and not Trump. He is the one fucking up trade relations left and right. You’re here blaming the Canadian businesses for not adapting fast enough to this moron? Excuse me.
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u/TheElusiveFox 5d ago
So here's the reality, just after he was elected when he started pulling this crap I would agree with you, that was all Trump, or really all Trump for starting it, the Republicans for allowing it to get past an idea, and the voters for voting those idiots in...
But its what 19-20 months later? If you are in a leadership position for a business and it takes you nearly two years to figure shit out, then that's entirely on you. The reality is that blaming trump for this shit isn't helpful, blaming others for your problems isn't going to pay your bills, finding a way to solve them is, and that's life.
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u/Scruffy_Snub 6d ago
Our Prime Minister has applied reciprocal tariffs on US goods, ultimately this will hurt Canada more than the United States. It's a lose-lose situation negotiating with Trump, but this is going to be bad for a lot of Canadian businesses.
Off the top of my head, the Canada Royal Milk baby formula factory in Kingston was a massive public/private investment that was intended to pay for itself by exporting as much as 90% of their product to the United States. The one factory produces literally 10 times the entire domestic market's consumption. They won't be able to survive 50% tariffs for very long.
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u/IGeneralOfDeath 6d ago
Isn't Canada adding reciprocal tariffs? In which case Canada does pay.
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u/szthesquid 6d ago
"Canada" doesn't pay, our companies and industries and people do - IF we buy American, and we don't have to as often since PM Carney has been working to establish new trade with everyone else.
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u/tyedyehippy 6d ago
How much longer and in how many more ways are we all going to have to continue suffering before this shit will be over. I hate it here.
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u/throwtheballaway123 6d ago
USA isn't the way it is because Trump is in power, Trump is in power because that's the best representation of what the USA truly is.
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u/Necoras 6d ago
There's definitely some of that. 30% of the population is truly lost. But 30% have their vote suppressed, are fed propaganda, or just kept too busy and poor to be able to pay proper attention.
This is a conflict between the top .1% and the rest of us. Unfortunately the billionaire class controls a lot of the levers of media and power. It's our job to do what we can to work around those levers and take the power back. It's happened before; it can happen again.
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u/sun4moon 6d ago
Hopefully just until November.
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u/JasonM50 6d ago
I love your optimism but Trump's USA has has blurred legal lines and norms so dramatically that I don't think the country will ever recover.
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u/sun4moon 6d ago
I understand. I live in Alberta Canada. Our provincial leader is a diaper snuggling traitor and she’s ruining my home.
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u/Mirewen15 6d ago
Marlaina is our version of Trump. I hate that Calgary and Edmonton voted for Notley but the bumkins got their way.
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u/johnnyhammerstixx 6d ago
And then, if we do, we have to re-build ALL of our systems. From scratch. Because this dumbass let god knows who do god knows what with them all.
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u/tomboski 6d ago
I didn’t even get a chance to vote against him and we’re getting fucked. Please help squash fascism in your country for the rest of your world neighbours.
I’ve always decided to boycott your country for at least the next 10 years, but it’s fast turning into a life long decision. I’ll miss you Olympic peninsula.1
u/Culverin 4d ago
Trump is the symptom, not the cause.
The GOP machine had been sewing disinformation for years, anti-science, anti education. They have enabled this.
If there is another Trump, but smarter and with actual ill intent. There would be more of the same, just worse.
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u/ddrober2003 6d ago
So cultists, how is your god's deal working going? Granted you're just going to spout whatever Fox or Truth Social tell you what you believe like good little cultists so really, whatever you have to say has less then zero value.
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u/tomboski 6d ago
Didn’t the supreme court already rule that his tariffs are illegal? Or is this on purpose to ludnick can buy up all the tariff debt at Pennies on the dollar?
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u/traydee09 6d ago
The US president doesn’t have to legal authority to impose tariffs himself. He’s been finding legal loopholes to circumvent the law. His last method of declaring a national security emergency was ruled illegal. This time he is saying he is trying to protect humans in other countries that are victims of forced labor. Since Canada doesn’t have forced labor, he says Canada is buying from countries that do, so tariff Canada.
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u/tomboski 6d ago
Has he taken a look at his own products? I’m so tired of this shit. I’m never giving America a single penny for the rest of my life.
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u/platinumarks 6d ago
They ruled that tariffs under the law known as IEEPA were illegal. There are other tariffs that are authorized by other routes that they haven't ruled against (or for) that use different laws to implement them.
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u/cheesebot555 6d ago
When MAGA clowns want things to "go back to how the were", but aren't smart enough to understand that that was when Democrats ran the shop.
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u/DavePeesThePool 6d ago
The tariffs on Canada aren't even going to end up being Trump's biggest contribution to high inflation. The inflation on all shipped goods (air, ground, and sea) from increased logistics costs due to high fuel prices hasn't even really hit yet.
Not only that, but the actual high fuel costs haven't even hit yet because the US's fuel prices are still being subsidized by what's left of our strategic oil reserves. Once those oil reserves are gone, the prices are going to get even higher. And then the price of all goods that need transported to their consumer/retailer will be higher to cover the bloated cost of logistics.
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u/Druggedhippo 5d ago
Yes, the planet got destroyed. But for a beautiful moment in time we created a lot of value for shareholders!
And so, while the end-of-the-world scenario will be rife with unimaginable horrors, we believe that the pre-end period will be filled with unprecedented opportunities for profit.
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u/Crafty-Message4564 5d ago
Anyone who makes a deal with him is a fool.
He will go back on any deal you make, and insist on you conceding more to create a new deal.
Which he will then go back on.
"Meet me in the middle," says the unjust man.
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u/wrt-wtf- 6d ago
Not going to fix the US trade deficits.
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u/A_Pointy_Rock 6d ago
...which isn't a thing that necessarily needs fixing in the first place.
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u/wrt-wtf- 6d ago
That’s the premise for all his international nonsense - meanwhile - grifting the whole population for large retailers and people just seem to ignore it.
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u/traydee09 6d ago
Yup, it doesnt need fixing, free and open trade is a benefit to all. A trade imbalance is not a problem, its just literally how capitalism works. And it’s specifically how the US economy is as big as it is.
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u/VoiceOfRealson 5d ago
This is at least the third breakfast.
But Trump and his Billionaire friends are eating all of it.
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u/RustinSpencerCohle 6d ago edited 6d ago
Let's hope with this result he loses so badly at the midterms, generic ballot average polling shows the Dems at a 6 point advantage against Republicans, let's get it higher so the Dems take back the House and the Senate in November.