this post was submitted on 01 Feb 2025
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Summary

Mark Carney, frontrunner for Canadian Liberal Party leadership and potential prime minister, stated Canada will stand up to a bully after Trump imposed 25% tariffs on Canadian imports.

Carney vowed to retaliate by matching the US tariffs dollar for dollar, asserting Canada would not cave in despite mounting pressure.

He criticized Trump for undermining trade agreements, warning that the tariffs would damage the US global reputation and economic stability.

Outgoing Prime Minister Trudeau promised a forceful, immediate response, emphasizing unity as Canada defends its economic interests, ensuring national prosperity.

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[–] [email protected] 24 points 3 days ago* (last edited 3 days ago) (1 children)

Focus your anger on the American companies who have the money to buy up the mess after the economy tanks. Apple, Amazon, Google, Microsoft.

Pirate! Distribute! Destroy!

Also... don't buy their shit.

[–] [email protected] 0 points 3 days ago (1 children)

what the fuck does this even mean?

[–] [email protected] 5 points 2 days ago (1 children)

The text is hinting at a kind of conspiracy where you deliberately cause a market to crash and then just buy everything cheaply. I don't necessarily subscribe to that theory.

The meme is saying a blanket 25% retaliatory tariff is not a good idea but targeting specific items might be beneficial. I tend to agree with this. No point applying a tariff to goods for which there is no alternative.

[–] [email protected] 1 points 2 days ago

Thank you for the respectful explanation even though you have other opinions.

I admit that the text is lacking in a detailed explanation. This comment was kind of a throwaway comment at the time, but there are certain aspects of these tariff actions that point to a reality.

  • Economists believe that these actions will have a detrimental effect on the US economy (All three North American Economies).
  • The administration is shutting down government services.
  • These services are necessary.
  • (This is where a possible "theory" may come in) The private sector will say they have come to "save" us and "bail out" these failing services. For example, educational institutions. Will they become privately run by Google ED, High School by Meta or some other company? Yes, This is definitely speculation but also not that far out to be tinfoil hat level.

We should recognize the importance of accessible public education because...if a fucking nutsack, dipshit can't read well enough to understand a throw away, 10 year old+ meme then we are already fucked.

[–] [email protected] 17 points 4 days ago* (last edited 2 days ago) (1 children)

Good on Canada and Mexico for sticking to their guns and not rolling over for Trump. Show him that winning trade wars isn't as easy as he likes to think it is, and then force him into favorable terms when he implodes his own economy.

edit: lmao, well that was short. Tariffs don't go into effect until tomorrow and Trump already caved to pressure from Trudeau and Sheinbaum. Trump got the massive conciliation prize of... Canada and Mexico agreeing to do stuff they had already agreed to do under the Biden administration. lol.

[–] [email protected] 1 points 2 days ago (1 children)

There's a few comments like this, but what would rolling over look like and / or why would a country do that?

The entirely expected and appropriate response is to apply retaliatory tariffs. This doesn't take bravery and isn't "standing your ground" it's just the obvious default response.

[–] [email protected] 1 points 2 days ago (1 children)

There’s a few comments like this, but what would rolling over look like and / or why would a country do that?

Look no further than Colombia, who was likewise threatened with tariffs by Trump if they refused to accept our deportees. They caved and accepted them after initially refusing them.

Now, in that case, I'm sure some people in the Colombian government likely did the math and determined that it would be cheaper to just accept the few hundred people Trump deported than to have the tariffs damage their economy by depressing the demand for exports like coffee.

The entirely expected and appropriate response is to apply retaliatory tariffs. This doesn’t take bravery and isn’t “standing your ground” it’s just the obvious default response.

It is if the tariffs were meant to stand on their own merit. Trump has only historically used tariffs as a threat to get what he wants. The one time he implemented targeted tariffs on China in his first term, it led to him having to bail out farmers with the money that was collected from the tariff revenue as a result of the retaliatory tariffs on agriculture exports. You would think he would have learned his lesson about using tariffs as a bluff and then following through anyway when it's called, but then again, we are talking about Trump here. You don't get to bankrupt a casino and still claim to have a shred of business acumen.

[–] [email protected] 2 points 2 days ago

Yeah ok. Good points about Colombia. I think that's quite different given the trade surplus for them - they would sell a lot more coffee to the US than goods they import surely.

[–] [email protected] 33 points 4 days ago (1 children)

This isn't a bully, our organizations and institutions are under attack from an unelected billionaire who bought the president while he was still a candidate. This is a coup by neo Nazis. We are fucked and they will start a war with you.

[–] [email protected] 7 points 4 days ago

The moose cavalry will handle it.

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