sloppychops

joined 1 year ago
[–] sloppychops@lemmy.ca 2 points 1 year ago

That'll learn those Étatsunians!

[–] sloppychops@lemmy.ca 1 points 1 year ago

What happens if your card is Interac and Visa debit?

[–] sloppychops@lemmy.ca 1 points 1 year ago

Believe it or not: straight to jail.

[–] sloppychops@lemmy.ca 1 points 1 year ago

I guess it would allow him to circumvent Congress? I'm not sure.

[–] sloppychops@lemmy.ca 0 points 1 year ago

I feel like there's about to be overlap. Whatever he says, that's their opinion.

[–] sloppychops@lemmy.ca 0 points 1 year ago* (last edited 1 year ago)

While true, the Canadian government has already announced grants and loans to help Canadian companies restructure their supply chains away from the US. It's a start. While the legal framework exists, Canadian companies haven't yet had a reason to take advantage of new free trade agreements with the EU and the Asia Pacific. Now they do.

Also, in terms of numbers: about 25% of Canadian GDP is based on US trade; a little lower than the number you quoted, still too high, I'd say. Hopefully, the Canadian economies' smaller size will prove agile enough for the transition. I've also seen it suggested that the hit to the Canadian economy from Trump's attacks could be offset by removing internal trade barriers so that Canada can trade more efficiently with itself. This has been a huge shot in the arm for that project.

20% of US exports go to the EU, 18% go to Canada, 17% to Mexico, and less than 10% to China. Similarly, about 70% of US imports come from those same markets. This will be devastating for everyone, the US included. It won't be the 'short period of transition' the bloated diet coke goblin imagines. World trade patterns and supply chains will literally be upended.

[–] sloppychops@lemmy.ca 0 points 1 year ago

LEMMEE IN! (ノ゜ー゜)ノ

[–] sloppychops@lemmy.ca 1 points 1 year ago* (last edited 1 year ago)

Is it time for an expanded digital services tax? Why not tax foreign social media like we tax sugar, alcohol, nicotine, and fast food? The imposition of minimum pricing rules per account or per post would be a huge disincentive. Maybe regulate them like traditional media. Ban foreign ownership?

Edit: spelling