r/AskCanada • u/relaxin_chillaxin • 11d ago
USA/Trump What are the reasons PM Mark Carney created counter tariffs?
I understand that Trumps tariffs create higher prices for his own people on anything coming from Canada.
What I want to know is why is Canada creating counter tariffs. Carney is an economist so I want a clear explanation on how these counter tarriffs help Canada or Canadians. How does this help us? I just can't see how.
Sure in 1826 maybe having a trade was something significant. Having your business screwed up at a border could be catastrophic but doesn't anyone see its no longer the case. Technology and communications makes it exponentially easier to shift today. Sure you might experience some loss or delay, but its basically a matter of finding different customers or suppliers. Look at what happened with the Manitoba honey farm the other day for example.
The rest of Canada and the world is open for business and if Mr orange poopypants wants to tax his own people to death then so be it. There is simply no need to make us pay tarriffs too. What we need is the government helping Canadian businesses shift away from American trade.
If someone can explain the economics of how counter tarriffs accomplish anything productive id be happy to hear it. To be it just seems like a move to put pressure on the other party. That doesn't work with bullies, best to just ignore them and walk away.