▲ 96 ▼ Using Tariffs to Try to Annex Canada Backfired in the 1890s (time.com) submitted 2 months ago by Massive_Pickle@piefed.ca to c/canadapolitics@lemmy.ca 30 comments fedilink hide all child comments Republicans in the late 19th century wanted to annex Canada. And the episode ought to serve as a warning for President Donald Trump.
[–] k0e3@lemmy.ca 3 points 2 months ago (3 children) Tariffs pretty much always fail. permalink fedilink source hideshow 3 child comments replies: [–] Massive_Pickle@piefed.ca [S] 2 points 2 months ago (2 children) Maybe, but how much serious damage happens before they fail, that is the concerning thing. permalink fedilink source parent hideshow 2 child comments replies: [–] k0e3@lemmy.ca 3 points 2 months ago (1 child) Sorry, what I meant by failure is that they do more damage than heal because a sane leader would use tariffs to boost domestic production/consumption (which often fails anyway). But Agent Orange is doing it just to hurt other countries. permalink fedilink source parent hideshow 1 child comment replies: [–] Massive_Pickle@piefed.ca [S] 3 points 2 months ago Thanks for clarifying. I just watched a CTV News piece interviewing an American CEO who has moved a huge chunk of his business to Markham, ON, as a direct response to tRUmp's tarrifs. He said they will save 30% from Canadian production. Hopefully there are many more of him that choose to move their operations, or parts of it to Canada. permalink fedilink source parent
[–] Massive_Pickle@piefed.ca [S] 2 points 2 months ago (2 children) Maybe, but how much serious damage happens before they fail, that is the concerning thing. permalink fedilink source parent hideshow 2 child comments replies: [–] k0e3@lemmy.ca 3 points 2 months ago (1 child) Sorry, what I meant by failure is that they do more damage than heal because a sane leader would use tariffs to boost domestic production/consumption (which often fails anyway). But Agent Orange is doing it just to hurt other countries. permalink fedilink source parent hideshow 1 child comment replies: [–] Massive_Pickle@piefed.ca [S] 3 points 2 months ago Thanks for clarifying. I just watched a CTV News piece interviewing an American CEO who has moved a huge chunk of his business to Markham, ON, as a direct response to tRUmp's tarrifs. He said they will save 30% from Canadian production. Hopefully there are many more of him that choose to move their operations, or parts of it to Canada. permalink fedilink source parent
[–] k0e3@lemmy.ca 3 points 2 months ago (1 child) Sorry, what I meant by failure is that they do more damage than heal because a sane leader would use tariffs to boost domestic production/consumption (which often fails anyway). But Agent Orange is doing it just to hurt other countries. permalink fedilink source parent hideshow 1 child comment replies: [–] Massive_Pickle@piefed.ca [S] 3 points 2 months ago Thanks for clarifying. I just watched a CTV News piece interviewing an American CEO who has moved a huge chunk of his business to Markham, ON, as a direct response to tRUmp's tarrifs. He said they will save 30% from Canadian production. Hopefully there are many more of him that choose to move their operations, or parts of it to Canada. permalink fedilink source parent
[–] Massive_Pickle@piefed.ca [S] 3 points 2 months ago Thanks for clarifying. I just watched a CTV News piece interviewing an American CEO who has moved a huge chunk of his business to Markham, ON, as a direct response to tRUmp's tarrifs. He said they will save 30% from Canadian production. Hopefully there are many more of him that choose to move their operations, or parts of it to Canada. permalink fedilink source parent