570
Two-thirds of Americans think Trump tariffs will lead to higher prices, poll says
(www.theguardian.com)
this post was submitted on 26 Nov 2024
570 points (99.1% liked)
News
23664 readers
3549 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Not just yourselves... it will probably send Canada and Mexico into a recession as well.
Yeah. It will probably suck for Canada too, but hopefully our government does the right thing and strengthens our ties with other markets in Europe, South America, and Asia. Really sucks how the past few years the Canadian government has torpedoed a lot of good international relations that would be really beneficial to have going into the Trump administration.
As per some other thread I hope we seriously consider trying to join the EU (or at least the EEZ/Shegen area)
Do you think the EU would let the USA in? Even Australia isn't part of the EU even though they compete in the Eurovision song contest.
No way the USA would try to join the EU any time soon. Canada might though. Don’t know if they’d be allowed in.
I think the EU would refuse if only because it'd be extremely likely that the US would brexit themselves as soon as the government flipped.
Canada's move to expand our trade agreements began back in 2003 with the BSE (bovine spongiform encephalopathy) crisis when our cattle exports to the USA (and other nations) were shut down.
But you're right that we haven't worked hard enough on further expansions.
How would that happen? Aren’t most things sold in Canada NOT from US and probably from China?
Idk about food tho
The Canadian economy is tied at the hip to the US. A lot of our agri is US produced and while most consumer end products are Chinese a lot of Canadian manufacturing uses US intermediary products. Our resource export market is also US focused right now especially for hard wood, dairy, maple syrup, and oil/natural gas.
I don't think we actually have the facilities to handle Alberta's production through the Atlantic provinces or BC.
Right so some industries that sell to the US would see slowdowns but the things we buy from US won’t be affected by tariffs unless Canada retaliates. Right?
My question was more about our cost of goods, our economy overall is not doing well and tariffs are not the only reason.
Imo this has been brewing ever since our country somehow decided house price growth means economic growth.