The best topic

*

Seriously?!?!
Topic rating: 4.00

Other popular topics

Replies: 666
Total votes: : 3

Last post: May 13, 2024, 10:23:35 PM
Re: Seriously?!?! by Lokmar

avatar_DKG

Trump's across the board tariffs on Canada are mutually assured economic suicide

Started by DKG, March 05, 2025, 07:26:25 AM

Previous topic - Next topic

0 Members and 4 Window Lickers are viewing this topic.

DKG

I have been giving the US administration the benefit of the doubt. The original reason for threatening those tariffs was to stop the flow of illegal aliens and drugs across the border into the US. Trump got what he wanted.

I have also heard it was because Canada was not meeting it's NATO spending responsibilities. Trump has a got a point there. But, that will take a new election and a new government.

I also know we have not opened up our dairy, softwood lumber, and alumuminum industries to fair foreign competition. But, they too can negotiated once we have a new government with a new mandate.

There is no logical reason right now for a twenty five percent across the board tariff on Canadian imports excluding energy which got a ten percent tariff.

If you take oil and natural gas out of the picture, the US has a trade surplus with Canada. And even with energy they are getting a bargain that contributes to their enegery security.

I am now in favour of reciprocal tariffs including my province cutting off electrical power to neighbouring states.

US farmers are entirely dependent on potash imports from Saskatchewan. Their farms cannot survive without it.

Trump has done an a speedy job reversing the worst of the previous administration. But, these tariffs on an economy so intertwined with their own makes no sense.


Frood

Blahhhhhh...

formosan

Quote from: Frood on March 05, 2025, 07:30:49 AMNah. Fuck Canadians for allowing Trudeau. They have to feel some pain.
It looks like the Liberals will form another coalition government with the NDP after Mark Carney becomes their leader.
too old to be a fashionista

Oliver the Second

Quote from: DKG on March 05, 2025, 07:26:25 AMUS farmers are entirely dependent on potash imports from Saskatchewan. Their farms cannot survive without it.



That's why I kind of support the tariffs. Countries should strive to be as self-sufficient as possible. You never know what's going to happen in the world and being dependent on another country for your survival could lead to disastrous consequences.

Winner Winner x 1 View List

Brent

Quote from: formosan on March 05, 2025, 08:20:26 AMIt looks like the Liberals will form another coalition government with the NDP after Mark Carney becomes their leader.
I  saw an Ipsos poll showing the Liberals are right back. It's Quebec and Atlantic Canada that will give the Liberals another minority government which means another coalition with the NDP. :facepalm:

Trudeau will be gone, but his prog dictatorship lives on.
Informative Informative x 1 View List

Brent

Quote from: Oliver the Second on March 05, 2025, 09:46:17 AMThat's why I kind of support the tariffs. Countries should strive to be as self-sufficient as possible. You never know what's going to happen in the world and being dependent on another country for your survival could lead to disastrous consequences.


I agree with you. Especially manufactured goods. They should not be imported.

But, now that we are being punished with tariffs, I am having second thoughts.

Thiel

Quote from: Oliver the Second on March 05, 2025, 09:46:17 AMThat's why I kind of support the tariffs. Countries should strive to be as self-sufficient as possible. You never know what's going to happen in the world and being dependent on another country for your survival could lead to disastrous consequences.


It would take a while to find new sources. In the mean time, it will bankrupt farmers and raise food prices.

Canada and America should fully integrate their economies. No tariffs on either side and no Canadian dairy cartels.
Agree Agree x 1 Winner Winner x 1 View List
gay, conservative and proud

Thiel

Trump's favorite president was William McKinley. Here is why.

A brief history on William McKinley, the "Napoleon of Protection"
After the Civil War, Congress introduced additional tariffs to raise revenue and protect domestic manufacturers. The tariffs were so successful in raising revenue, that by 1887 the Democrats and Republicans were fighting over how to reduce the revenue. Democratic President Grover Cleveland and his party argued that tariffs had to be removed despite the protection they brought. Republicans on the other hand doubled down on protectionism and argued that increasing the tariffs would have reverse effect. Higher rates would in fact bring in less revenue as Americans choose to buy American goods rather than pay the duties. It was a reverse Laffer-curve argument.

Enter William McKinley. In 1890, Ohio Congressman William McKinley framed what became know as the McKinley Tariff.  The Tariff act raised tariffs on many goods with more emphasis placed on protecting American industry. It was attacked by the Democrats and eventually replaced in 1894 with the Wilson-Gorman Tariff that was supposed to reduce tariffs. But, under the Democratic leadership of Grover Cleveland's second term, the Wilson-Gorman Tariff became bloated with all kinds of special-interest protection that it barely made a dent in the tariff rates. Furthermore, it added the first ever peace-time income tax. 

Two years later, in 1896 William McKinley campaigned on raising Tariffs to reduce internal taxes and encourage the growth of American industry and jobs. In 1897, Congress passed the Dingley Act, increasing rates on items like  wool, linen, silk, china and sugar. The Digney Tariff remained in effect for 12 years. More importantly, the bill granted the present authority to negotiate reductions in tariffs or even remove duties on items altogether. It was an idea that William McKinley had framed six years earlier, allowing the executive branch to use the threat ore elimination of tariffs to secure reciprocal trade agreements with trading partners.

Upon accepting the nomination for a second term, President McKinley spoke boldly of tariffs and wealth and prosperity it gave America.

"A tariff which protects American labor and industry and provides ample revenues has been written in public law. We have lower interest and higher wages; more money and fewer mortgages. The world's markets have been opened to American products, which go now where they have never gone before. We have passed from a bond-issuing to a bond-paying Nation; from a Nation of borrowers to a Nation of lenders; from a deficiency in revenue to a surplus; from fear to confidence; from enforced idleness to profitable employment. The public faith has been upheld; public order has been maintained. We have prosperity at home and prestige abroad." 
https://www.presidency.ucsb.edu/documents/address-accepting-the-republican-presidential-nomination-1
William McKinley's life and presidency was cut short by an assassin, but in a few short years, he took the nation from an acute economic depression to prosperity. Like President Trump has stated, he is one of the most under-rated presidents. William McKinley was known as the "Napoleon of Protection", but in the end it was reciprocal trade that he was after. William McKinley showed us that tariffs can be a powerful path to a more prosperous and wealthier America.
https://www.stateoftheunionhistory.com/p/making-america-wealthy-brief-history-on.html
Winner Winner x 1 View List
gay, conservative and proud

Herman

The Saskatchewan Liquor and Gaming Authority will now stop purchasing U.S. alcohol. All goods and services procured by the Government of Saskatchewan will prioritize Canadian suppliers, with the goal of reducing or eliminating U.S. procurements.

Herman

Doug Ford says Ontario is ready to cut off electricity to millions of Americans in New York, Minnesota, and Michigan.

"If they want to try to annihilate Ontario, I will do everything — including cut off their energy with a smile on my face," said Ford. "They rely on our energy. They need to feel the pain. They want to come at us hard, we're going to come back twice as hard."
Funny As Fuck! Funny As Fuck! x 1 View List

Shen Li



Shen Li

Funny Funny x 1 View List

.

Quote from: Herman on March 05, 2025, 09:29:44 PMDoug Ford says Ontario is ready to cut off electricity to millions of Americans in New York, Minnesota, and Michigan.

"If they want to try to annihilate Ontario, I will do everything — including cut off their energy with a smile on my face," said Ford. "They rely on our energy. They need to feel the pain. They want to come at us hard, we're going to come back twice as hard."
Has he been huffing from his brother's crack stash? "Republican president has kicked us in the No-No Square, we're gonna punish the blue states".

Fucken retard, heheh.

DKG

Quote from: . on March 06, 2025, 01:12:22 AMHas he been huffing from his brother's crack stash? "Republican president has kicked us in the No-No Square, we're gonna punish the blue states".

Fucken retard, heheh.
We will see how Minnesota, New York and Michigan which Trump won like freezing in the dark.


Quick Reply

Note: this post will not display until it has been approved by a moderator.

Name:
Verification:
Please leave this box empty:
Type the letters shown in the picture
Listen to the letters / Request another image

Type the letters shown in the picture:
911 was an attack on what city (spell out lower case two words):
Is Alticus a dick sucking fairy? (answer is opposite of no):
spell bacon backwards with the first letter capitalized:
Shortcuts: ALT+S post or ALT+P preview