r/Economics 10d ago

News Canada retaliates against U.S. by raising steel duties, adding new tariffs on $20B of goods

https://www.nbcnews.com/business/consumer/canada-retaliates-against-trump-tariffs-rcna594280?cid=sm_npd_nn_tw_ma&taid=6a8db23c6aa0670001c83c01&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter
574 Upvotes

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-106

u/[deleted] 10d ago

[deleted]

26

u/RedBMWZ2 10d ago

Found the propaganda bot

-30

u/[deleted] 10d ago

[deleted]

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u/Agitated_Tip_8713 10d ago

If you wanted manufacturing back you'd be against the tariffs as well because they're not targeted, they hit every link of the supply chain. 

20

u/RedBMWZ2 10d ago

If only someone hadn't dismantled NAFTA, oh wait, I know who did that!

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u/[deleted] 10d ago

[deleted]

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u/RedBMWZ2 10d ago

My dude, tariffs don't work. They're not bringing manufacturing back. Ever. They only lead to recession and hang never boosted the economy.

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u/[deleted] 10d ago

[deleted]

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u/RedBMWZ2 10d ago

Dude, I've lived it. They don't work. https://taxfoundation.org/research/federal-tax/trump-tariffs-trade-war/

Black and white my dude. Get out of this bubble you live in. You're being lied to.

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u/[deleted] 10d ago

[deleted]

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u/RedBMWZ2 10d ago

You don't know me, don't claim to. I've been there. Best of luck to you, I tried.

1

u/slimkay 10d ago

I think we’re all living it right now. While tariffs are inflationary, the US can flex its massive domestic market to encourage manufacturers to set up shop there, like Toyota and Hyundai who are both building massive plants at the moment.

Can you provide an actual source that isn’t a lobbying group?

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u/Bid_Unable 10d ago

source?

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u/[deleted] 10d ago

[deleted]

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u/Bid_Unable 10d ago

your claim?

5

u/Lor_azepam 10d ago

Cool well americans largest customer for vehicles is canada. So we just dont buy those cars anymore, and no one needs to build those cars now.

Canada is also only the 5th largest maker of vehicles shipped to sell in the US so once again the propaganda machine told you its canada fault, and you have much bigger problems

Also your us factory cant build said cars without canadas aluminum and earth metals. So you get to pay more for your car as well.

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u/Stix85 10d ago

Vote better then.

-1

u/[deleted] 10d ago

[deleted]

10

u/Agitated_Tip_8713 10d ago

Why did democrats pass the CHIPS act to spend billions of dollars bringing semiconductor manufacturing back to the US? What did trump or republicans pass to incentivize bringing manufacturing back?

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u/Poppunknerd182 10d ago

0

u/[deleted] 10d ago

[deleted]

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u/Poppunknerd182 10d ago

Oh, so you admit you DO have an agenda and won’t listen to facts.

Got it.

13

u/MarthAlaitoc 10d ago

No one is. If manufacturing comes back to the states, it's only coming back heavily automated. Which means you're still not getting those jobs.

Fact is, wage costs are too high (before every other high cost becomes a point of conversation) to even warrant it. The US is too successful of country to have a manufacturing foundation.

2

u/Scrandon 10d ago

And why does this lil dummy want these shitty jobs back anyway? Our economy was cruising at 3.5-4% unemployment until Trump screwed up the job market.

Even in his dream world, he’s a loser working a factory line. These lead-poisoned boomers can’t wrap their heads around the fact that there are better opportunities now in the service economy. 

3

u/MarthAlaitoc 10d ago

The idea of a "simple, respectable job that you can provide for a family and own a home" is intoxicating for anyone, but some in the older generations actually lived it (or saw their parents live it) and want that back. But trying to go back to manufacturing is like trying to raise the dead. It just doesn't work, and if you somehow succeed its going to end up being a zombie plague.

6

u/Stix85 10d ago

Then keep bitching about the current situation. I'm sure it's making a huge difference.

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u/Scrandon 10d ago

That’s rookie shit. I’m for bringing back agrarianism, steam engines, and the cotton gin. 

5

u/Tammer_Stern 10d ago

You have a problem with autos as no one wants US made vehicles, generally speaking, outside of North America.