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Sunshine (she/her) ( Sunshine@lemmy.ca )  to Canada@lemmy.caEnglish · 2 years ago

Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil

apnews.com

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Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil

apnews.com

Sunshine (she/her) ( Sunshine@lemmy.ca )  to Canada@lemmy.caEnglish · 2 years ago
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18
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  • cross-posted to:
  • globalnews@lemmy.zip
Trump says tariffs on Canada and Mexico coming Saturday, and he's deciding whether to tax their oil
apnews.com
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President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” decide on Thursday night whether to include oil from those countries as part of his import taxes.
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  • acargitz ( theacharnian@lemmy.ca ) 
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    2 years ago

    If he excludes oil from the tarrifs, we should increase the price of oil exports ourselves.

    • lost_faith ( lost_faith@lemmy.ca ) 
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      2 years ago

      Damn straight, put export taxes til the US stops sending guns north of the border.

  • Gollum ( genfood@feddit.org ) 
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    2 years ago

    Canada come join us in the EU.

    • Sunshine (she/her) ( Sunshine@lemmy.ca ) OP
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      2 years ago

      Yes, please. We share a terrestrial border with Denmark and a maritime border with France.

    • grte ( grte@lemmy.ca ) 
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      2 years ago

      I’d rather not give up currency sovereignty. Closer economic and military ties, sure, but not full membership. There’s also the reality that some of the most powerful economies in the EU in Germany and France are flirting with their own neo-fascist movements.

      • n2burns ( n2burns@lemmy.ca ) 
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        2 years ago

        Can you please explain why you think currency sovereignty is such a big hangup? I see lots of potential issues with joining the EU, but having to use the Euro doesn’t even register for me as a problem.

        • grte ( grte@lemmy.ca ) 
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          2 years ago

          See my reply to the other commenter in this thread. Additionally, currency sovereignty is a cornerstone of modern monetary theory, were Canada to want to adopt something like that.

          • Pup Biru ( pupbiru@aussie.zone ) 
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            2 years ago

            okay but it’s also kinda the cornerstone of the single market sooooo

            • grte ( grte@lemmy.ca ) 
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              2 years ago

              Giving up your national currency for one managed by the European Central Bank is the opposite of currency sovereignty.

              • Pup Biru ( pupbiru@aussie.zone ) 
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                2 years ago

                i agree, and never said it was, however currency sovereignty being a sacred cow isn’t a great way to form policy

                why is it good? what does it give you? (youve answered in another comment a couple; there are plenty!)

                but single market relies on single currency, and that gets you a whole lot too. you said you’d like to join the EU but not the single currency, but the UK proved that situation was sorta shit for the whole EU

                you can’t really be part of the single market the way it’s intended without being part of the single currency

      • Gollum ( genfood@feddit.org ) 
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        2 years ago

        Why not? ☺️

        • grte ( grte@lemmy.ca ) 
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          2 years ago

          Because national control over the Canadian dollar gives us a lot of flexibility that adopting the Euro would take away. Particularly in a country that is about to have to attract new trading partners to buy our exports, the ability to devalue our dollar to make those exports more attractive is going to be important.

  • RandAlThor ( RandAlThor@lemmy.ca ) 
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    2 years ago

    Fuck Nazis.

  • chuck ( chuck@lemmy.ca ) 
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    2 years ago

    I hope we throw in somethingn into the retaliatory package like vehicles entering the Canadian boarder need to be zero emissions, those trying to enter with non compliant vehicles will have them seized at the boarder.

    That alone should keep most riff raff out of Canada.

  • atro_city ( atro_city@fedia.io ) 
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    2 years ago

    I need to stock up on popcorn. The next 4 years are going to be amazing.

    • Papamousse ( Frederic@beehaw.org ) 
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      2 years ago

      I can’t, Orville Redenbacher is made in USA

  • Gleddified ( Gleddified@lemmy.ca ) 
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    2 years ago

  • qyron ( qyron@sopuli.xyz ) 
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    2 years ago

    Play stupid games, win stupid prizes.

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