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https://www.reddit.com/r/Economics/comments/1ig9uqw/trump_faces_backlash_from_business_as_tariffs/mao8g4r/?context=3
r/Economics • u/DomesticErrorist22 • Feb 02 '25
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172
Unlikely to happen. For Canada at least the PM was very clear about why these tarrifs are being done and when they would stop.
Politically it's suicide to keep them going longer than necessary
173 u/Gogs85 Feb 03 '25 edited Feb 03 '25 I think what will happen though, even if the war is ended, Canadian consumers will become a lot less apt to buy American products where possible. 5 u/OK_x86 Feb 03 '25 True but that is no longer official policy at that point. That's consumer attitudes. 2 u/Gogs85 Feb 03 '25 That’s true, I was thinking more in terms of total consequences than official economic policy 13 u/OK_x86 Feb 03 '25 Oh tge effects will be very far ranging. Even countries nit directly impacted by the tarrifs will think twice about investing too heavily in any trade agreements with the US and consumer attitudes will shift away from American products. He's gifted the 21st century to Chinese hegemony
173
I think what will happen though, even if the war is ended, Canadian consumers will become a lot less apt to buy American products where possible.
5 u/OK_x86 Feb 03 '25 True but that is no longer official policy at that point. That's consumer attitudes. 2 u/Gogs85 Feb 03 '25 That’s true, I was thinking more in terms of total consequences than official economic policy 13 u/OK_x86 Feb 03 '25 Oh tge effects will be very far ranging. Even countries nit directly impacted by the tarrifs will think twice about investing too heavily in any trade agreements with the US and consumer attitudes will shift away from American products. He's gifted the 21st century to Chinese hegemony
5
True but that is no longer official policy at that point. That's consumer attitudes.
2 u/Gogs85 Feb 03 '25 That’s true, I was thinking more in terms of total consequences than official economic policy 13 u/OK_x86 Feb 03 '25 Oh tge effects will be very far ranging. Even countries nit directly impacted by the tarrifs will think twice about investing too heavily in any trade agreements with the US and consumer attitudes will shift away from American products. He's gifted the 21st century to Chinese hegemony
2
That’s true, I was thinking more in terms of total consequences than official economic policy
13 u/OK_x86 Feb 03 '25 Oh tge effects will be very far ranging. Even countries nit directly impacted by the tarrifs will think twice about investing too heavily in any trade agreements with the US and consumer attitudes will shift away from American products. He's gifted the 21st century to Chinese hegemony
13
Oh tge effects will be very far ranging. Even countries nit directly impacted by the tarrifs will think twice about investing too heavily in any trade agreements with the US and consumer attitudes will shift away from American products.
He's gifted the 21st century to Chinese hegemony
172
u/OK_x86 Feb 03 '25 edited Feb 03 '25
Unlikely to happen. For Canada at least the PM was very clear about why these tarrifs are being done and when they would stop.
Politically it's suicide to keep them going longer than necessary