@petereharrell He can’t raise 338 past 50% ? Assuming items he didn’t tariff he does not want to (energy, potash etc). Sounds like he doesn’t have a lever to further retaliate?
@RHFontaine Great points, biased here but we feel other than some potected industries (diary) Canada has been an ideal partner. Trade surplus is from discounted crude. Also missing a relevant story from a month ago when the USA refused to open a border bridge paid fully by Canada.
@NickKouvalis Honest question. Can us increase their pain? They are limited to 50% rate (?) and sounds like they are questionable from a legal perspective
@fhoro I’m sure vastly oversimplified, but a 10% increase in energy from 2025 would cover 50% tariffs (aware that they are paid by importer). I imagine we have seen a yoy inc in those commodity prices ?
@RichardDias_CFA Come on rich, no one should be arguing we want a relatively fair deal. We don’t know the details but conflicting stories. Likely in between. However one country has a recent history of last minute shenanigans (see bridge, other trade deals).
@PaulofTarsus88@MPelletierCIO It’s over 1% gap, look it up. Looks like apples to apples it’s 5.4% as I said earlier higher no doubt. I may know far less that @MPelletierCIO about treasury yield however I think it’s important to get datasets accurate!
@guy_ngl@PaulofTarsus88@MPelletierCIO It’s more than that. I provided stats Canada it’s over a percent. My point is you need to compare apples to apples comparison. I never said it was the same (“I am not doubting our unemployment is higher”)