Trump launches trade war against Canada with a 25% tariff on most goods

42 points by bratao 5 months ago | 8 comments
  • l2silver 5 months ago
    So when all the dust settles with retaliatory measures, what do we expect? Canadians and Mexicans will feel the pain, I'm sure. Will China and the United States?
    • tene80i 5 months ago
      The United States will feel the pain immediately because Trump has increased the price of imports. The question is whether there is anything gained.
      • datavirtue 5 months ago
        This smells of a trade war. Should be interesting to see how this shakes out in ten years.
        • 1over137 5 months ago
          It is literally a trade war. Let's hope it doesn't progress into a shooting war. Trump has said we wants a 51 state afterall.
    • adamgordonbell 5 months ago
      Canadian here. I don't understand the end goal of the tarif game. Negotiating technique?

      Long term isn't it pure lose lose?

      • enaaem 5 months ago
        It’s just a consumption tax that can be wrapped in strong man rhetoric.
        • graeme 5 months ago
          Trump appears to earnestly believe tariffs are good. He's a mercantilist unfortunately.
        • ChrisArchitect 5 months ago
          Related:

          Trump Tariffs on Canada, Mexico and Chinahttps://news.ycombinator.com/item?id=42902539

          • rhapsodic 5 months ago
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