The prime ministerial candidate responds to Donald Trump imposing 25% tariffs on Canada.
Summary
Mark Carney, frontrunner for Canadian Liberal Party leadership and potential prime minister, stated Canada will stand up to a bully after Trump imposed 25% tariffs on Canadian imports.
Carney vowed to retaliate by matching the US tariffs dollar for dollar, asserting Canada would not cave in despite mounting pressure.
He criticized Trump for undermining trade agreements, warning that the tariffs would damage the US global reputation and economic stability.
Outgoing Prime Minister Trudeau promised a forceful, immediate response, emphasizing unity as Canada defends its economic interests, ensuring national prosperity.
The text is hinting at a kind of conspiracy where you deliberately cause a market to crash and then just buy everything cheaply. I don't necessarily subscribe to that theory.
The meme is saying a blanket 25% retaliatory tariff is not a good idea but targeting specific items might be beneficial. I tend to agree with this. No point applying a tariff to goods for which there is no alternative.
"Matching the US tariffs dollar for dollar" is such a stupid policy.
A better policy would be stopping flows of Canadian dollars to the US. Declare that US patents are no longer valid in Canada. Pass a law requiring that Apple and Google allow competing app stores on their phones with no strings attached. Remove any penalty from jailbreaking phones and allow anybody who wants to sell jailbreaking kits. Declare a universal right to repair in Canada, so that Canadian farmers don't have to pay John Deere if they want to repair their tractors. Say that all copyrights belonging to the Hollywood copyright cartel are no longer recognized, and let people trade their music, tv and movies freely.
Nobody's going to be brave enough to do that. But, really, the US declaring a 25% across-the-board tariff on Canada is basically an economic nuke. Don't respond with a measured and exactly equal economic war response. Canada can't win by fighting by those rules.
Edit: Better yet, because it's more likely to be possible, just decriminalize it. Don't change the laws. Just make it clear to police and prosecutors that someone who infringes on American IP should be treated like someone smoking pot in public in 2015. Imagine someone setting up a little kiosk in the Eaton Centre selling the latest movies and software for pennies while the cops just ignored them. If John Deere tries to get someone charged for selling "fix your tractor" software bundles that bypass the access controls on tractors, the police should just laugh at them. Picture a kiosk that roots your phone and lets you install a Canadian app store where the vendor's cut is only 5% not 30%, and all the profits stay in Canada. A thriving business could be set up where you bring in your HP printer, and walk out with a device that can use any ink at all. Canada could even host How-Tos and tools for the rest of the world on how to take control over your electronics. Can you imagine how quickly Tim Apple would book a flight to Mar A Lago to beg with Trump to back down?
I think this is much more likely in Mexico though. The respect for US intellectual property is already pretty low there to begin with. But, formally, the government still officially respects US IP. What if they let off the brakes entirely and just let the "invisible hand of the market" work without the handcuffs of IP law?
I don't want to be a downer, but realistically considering the impact of this Canada is probably going to have to acquiesce at least temporarily.
Trump is applying cold, calculating business logic to this; Canada needs to do business with the US to a large degree, if that becomes costly their (relatively) small economy becomes less viable without reform which they don't have time to implement.
Don't get me wrong, I'm 100% behind Canada in fighting this but realistically it's not a fight they're going to win.
This isn't a bully, our organizations and institutions are under attack from an unelected billionaire who bought the president while he was still a candidate. This is a coup by neo Nazis. We are fucked and they will start a war with you.
Good on Canada and Mexico for sticking to their guns and not rolling over for Trump. Show him that winning trade wars isn't as easy as he likes to think it is, and then force him into favorable terms when he implodes his own economy.
There's a few comments like this, but what would rolling over look like and / or why would a country do that?
The entirely expected and appropriate response is to apply retaliatory tariffs. This doesn't take bravery and isn't "standing your ground" it's just the obvious default response.
Ford is also an authoritarian, though, and he's putting up a fight. Or at least he says he's going to put up a fight. I'm worried that he's just making a show of things so that he can roll over after the election's over and we can't get rid of him.
There are plenty of people in the US cheering for harsh retaliation, too. Despite being directly harmed by it.
This man is going out of his way to hurt everyone he can regardless, and everyone who can do anything here is just sitting down, shutting up, and obeying in advance.
I am glad that other countries are ready and willing to to hit this bully back. Seems like the best hope we have is from people on the outside.
I'm in the US. Fucking make it hurt. Maybe it'll make the shitstains finally learn, or at least kill off enough that this shit won't be a worry in the near figure.
Is it gonna suck for me? Yup. But it is anyways, so instead of the frog in the pot lets flambe this shit.
I'm cheering for harsh retaliation because it's the only language the orange man will understand. If the economy has to collapse for us to have any chance of getting Americans to ditch their support of fascism, well we've already fucked up a million times to get this far so we'll have to struggle through it.
I'm an expat who has been a permanent resident of Canada since 2017, and it's a horror show watching Trump receive a second term and then turn on Canada. I know his threat of invasion/buying Canada or whatever is all peacocking, but if in ten years I've been thrust back into the American healthcare system, I'll throw myself off of a bridge.
Canada won't willingly be part of the US. If the US invades Canada, it would be the end of the US.
The US gets boners over their military tech, but they weren't able to successfully occupy Vietnam, Afghanistan, Iraq, etc. Canada is bigger than those countries, and this would not be an overseas war where they can just go home when they fail. Americans don't have the willpower to succeed with a long drawn out occupation. They freak the fuck out over a few drones in New Jersey, they obviously wouldn't be able to handle a war on the North American continent involving drones flying over them carrying explosives and searching for targets. And that's just the tip of the iceberg of what a US war with Canada would be like.
Imagine fighting a resistance that can just cross over the border and perfectly blend in with your population. It's madness to even suggest it even if they weren't important allies.
The population of the US has no appetite for invading Canada, many of us have close friends and family there, we consider Canada a friend and ally and Trumps hissy fit doesn't change that.
If the US invades Canada there will be a lot of Americans aiding resistance.
I don’t actually think the US would survive such a war. The trouble is that many states would defect. Can you imagine CA footing the bill for an invasion of Canada? Already a trade war is extremely dangerous. How easy would it be for, say NY, to sabotage the border controls?
Screw 15%. Put it to 25% right now, and on 18 February Trump will have to choose between a 25% increase in oil prices or a 35% increase if he goes through with adding the 10% tariff.
This is a workable method to deal with these four years, a clever leader deciding strategy suggested by very clever advisors can beat a strategy suggested by very clever advisors decided upon by an unclever leader.