that would be inflationaryI'm fine with tariffs, even if they result in counter tariffs. How much stuff do we export to China and India relative to how much we import from them? A third? A quarter? We only really lose on stuff we cannot produce domestically, which is NOT the majority of those goods.
govt policy has already made the Bank of Canadas job of maintaining price stability more difficult than it should be
again tariffs will require govt to pick and choose winners.
they are terrible at doing this and everything Justin Trudeau touches turns to shit
he would wrap tariffs around anything labelled green or connected to liberal insiders and let counter tariffs decimate our resource sector
much of the manufactured goods from China is imported into Canada by large multinational companies, particularly US based large multinational companies
they will view Canadian tariffs as anti-competitive and demand Washington take actions (counter tariffs)
We do not want to start a trade war with the US . Canada will lose that battle and badly (softwood lumber)
sneak up on your trading partners with ever escalating tariffs?The idea isn't to enact blanket tariffs, but to apply tariffs in a way that is in keeping with export country's standard of living, in order to make manufacturing a level playing field. The metric used could be GDP-per-capita, or median salary, or something else along those lines. Start the tariffs low, then ramp them up until equilibrium is achieved.
yeah Ok , they wont recognize that ... not
hows the gradual implementing of carbon taxes working out for the corrupt moron?
we already have a declining GDP-per-capita, trade wars will only accelerate the declineThe metric used could be GDP-per-capita
median salary, is not directly relate to the cost of imported goodsor median salary, or something else along those lines
think about the number of sales, transportation and distribution jobs lost by artificially increasing the cost/ price of imported goods
wealth disparity caused by cheap global trade ??We need to undo decades worth of wealth disparity caused by cheap global trade, so it'll take decades to correct.
a flat screen Tv that use to sell for $800 now cost $200
a computer , monitor and printer combo cost $5000 in 1985 has been replace by $500 laptops with 100 X the capabilities
How much are you willing to pay for a Canadian made cell phone , complete with a birch bark case ?
want to buy your kid a new Canadian made bicycle? $500 to $1,000
an economically damaging legislative actionThe pandemic supply disruption did not convince Canadian and American companies to reshore production in any meaningful way, so I doubt that's going to happen without legislative action. And what kind of legislative action would that be?
nobody will invest the next dollar one in Canada if govt starts dictating how supply chains are managed
less govt is required, not more govt