1088
Trudeau announces 25 per cent retaliatory tariffs on U.S. goods starting Tuesday
(toronto.citynews.ca)
this post was submitted on 02 Feb 2025
1088 points (98.9% liked)
News
24315 readers
4171 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
https://www.cbc.ca/news/politics/trudeau-trump-speak-trade-war-1.7448805
looks like we get 30 days of reprieve.
Just remember who is influencing Putin's Sock Puppet. These assholes are not be trusted for a single New York second. I am certain the Canadians and Mexicans have been preparing to reduce their reliance on trade with the USA. The 30 days for both sides will be used to regroup and go at it again. To mobilize 10,000 personnel for the so-called border problem will take longer than one month.
Sad to say, we should have diversified our trading many years ago (there was even an attempt 20 plus years ago under Chrétien). I have seen in my life Canada actually move away from trade with not US partners (CARIBCAN getting gutted for example). This stunt just shows how wrong it is to put all our eggs (good luck getting them now americans) in one basket. We need to stop sending raw materials (wood, ore, oil, coal, uranium, potash, etc.) to be made into finished goods and then buying those goods back. Transporting oilsand is a good example of how utterly stupid and wasteful this policy is (like we are talking about moving effectively mud with some crude in it across north america).
It seems to me like these proposed tariffs were just a way to get Canada and Mexico to come grovel and kiss Trump's ring. Both countries naturally want to avoid such a destructive policy being put in place, so they'll do what Trump asks for now. I expect these sorts of actions by Trump to continue throughout his term though. This begs the question, when will America's historic allies finally have enough? I was thinking these tariffs would be the ripping off the band-aid moment that spurs Canada and potentially the rest of the west to start re-structuring its economy away from such an unreliable partner. I guess this tentative status quo will continue for now.
Oh the damage is done, there is no way Canada (not going to talk for other nations) will ever have as nice a trade relationship with the US. This was a wake up call for us and if we don't diversify our trading partners then we deserve the pain the orange man will bring.
Keep in mind we have spent 50 plus years getting the raw end of the deal with the US (softwood lumber, coal, power, oil sands, water etc.) all well telling ourselves that this is building a strong bond with our neighbours, only to now have it all turn to ash.
Totally agree. If we can't at least expect certainty out of the current arrangement, then we should stop with any sweetheart deals. It's ironic that the gist of Trump's views on international relations center on other countries pulling more of their weight, and it seems he will ultimately accomplish that, albeit by burning all the bridges established with said countries.
His obsession with trade deficits is really weird coming from the US that outsourced everything they could and became the largest consumer market. Its like he thinks other countries did that to the US and not you know what happened/is happening.