Jump to content

Wilber

Member
  • Posts

    16,520
  • Joined

  • Last visited

  • Days Won

    2

Everything posted by Wilber

  1. Adapt to what, you don't know what other countries are going to do. Under CETA, auto tariffs between Canada and the EU are being phased out in parallel over 5 to 7 years.
  2. Tariffs hurt consumers but it depends on where the consumers are. Although the metal tariffs helped, HD moved production more because of new European tariffs on their bikes. Europe is a growing market as the North American market is shrinking. Why would we charge tariffs on something we no longer make. Canada would just be buying machinery with a devalued dollar.
  3. So you admit the metal tariffs will be used against us in any manner Trump choses. That was the question. Thanks for finally answering it.
  4. Sez you. Softwood lumber is a good example. You impose tariffs, we fight them, you lose, but meanwhile the damage is done. That's why the question is perfectly reasonable.
  5. They don't have to seal their economy off to ruin ours. Their home market is so much bigger than ours, it can support industries that ours can't. I'm not in favour of tariffs but why would you give a weapon to a competitor and not be prepared to use it yourself.
  6. She's now telling Americans where they should live.
  7. The question was, will the tariffs be used as leverage to control Canadian foreign and trade policy which have nothing to do with existing trade rules. Given recent events, it is a perfectly reasonable question.
  8. No it wouldn't, many Canadian industries have closed. You seem to think that industries which disappear in your country can magically reappear. For starters, you would have to import everything to start your business with devalued currency because what you need to start your business is no longer available in your own. The expertise you require to start an run it would no longer be there because had to go elsewhere to survive. A lower currency may make exports more competitive but it also makes you poorer. The lower currency can also be easily dealt with by just upping the tariff because there is no risk of retaliation. On side being subsidized and the other not, Is not competition.
  9. Self promotion is a wash, they both do it shamelessly. Trump holds a rally a week it seems. Trump gave a lot of money to himself and other rich people with his tax cuts. Trudeau spends money on some other dumb stuff. As for killing the energy industry, he did buy a pipeline and commit himself to getting Trans Mountain built. Will look pretty bad on him if he can't. Pretty depressing how hard it can be to get infrastructure built in this country, even if you are government. You can't hang all that on Trudeau Jr. though.
  10. The White House itself is projecting over a trillion. The Hill
  11. Exactly, we would have no money to buy their products and none of our own products to buy. Who gets hurt most?
  12. Punish themselves by having all the market or punish ourselves by not having any. I know which one I would choose.
  13. What's the difference between reducing taxes for an industry and taxing then reimbursing them? Supply management is user pay and the industry has the same tax rate as any other, so why do you have a problem with that?
  14. Like what when all it takes a tariff by someone else to kill it. Those Canadians are selling too many widgets in our country say the local widget makers. No problem, we will just put a tariff on their widgets and make them too expensive because we know they won't retaliate.
  15. US GDP growth is coming at the expense of a 1.3 trillion deficit, gutting environmental protections and boosted by tax cuts that aren't paid for. How come it is only Canadian deficits that upset you, even though ours is less than 1/50th of theirs while our population is just 1/10th of theirs.
  16. So we let theirs in tariff free while they charge 25% on ours. Pretty soon we will be importing 100% because we will have no industry. That's how the market will adapt.
  17. US production has been climbing steadily since 2008. Now what happened in 2008? Obama can claim some of the credit but Trump sure as hell can't. But that doesn't stop him from taking credit for all the growth that has happened for the last ten years even though he has been in office for less than two. US Crude production
  18. Exports have gone up but so have imports. The US is a net importer of oil, 3.77 million barrels a day. Imports and exports
  19. US imports from us are continuing to increase. US oil and petroleum imports from Canada. Total imports decreased under Obama. US oil imports 1981-2018
  20. If the US is so energy self sufficient, why is Trump so upset at OPEC for not increasing production to make up for the Iran sanctions and why do they buy 4 million barrels a day from us? Thermal coal should be a dying industry, the sooner the better.
  21. Not all the taxes go to the same place, you would need one agency to collect the taxes, do the calculations and distribute the taxes to the proper recipients. Revenue Canada does that now with provincial income tax but it would be pretty complicated to do it for all the different jurisdictions. As for your last paragraph, we already do that with income and capital gains taxes.
  22. Who cares about the long term consequences of anything as long as you can get the “left” unhinged. That’s the only thing that matters right?
  23. So your strategy is to just tax some industries out of business and that will solve everything else.
  24. So you raise taxes on those industries, reducing their revenues making them uncompetitive and reducing your tax revenue.
×
×
  • Create New...