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David Regehr 🇨🇦's avatar

Hi Deidre. Well stated as always. As for your other reader's query it is my understanding that exported goods are sold at our normal prices and importer pays the tariff. Ultimately it is a tax on the American consumer.

Of course our exports will drop as consumers will not pay the jacked pricing. If we raise the price beforehand that compounds the problem, the tariff added to our raised price.

My belief is that tRump is solely a vindictive ahole who when he feels attacked he goes into revenge. Obama humiliated him at a press dinner. That meant war. Trudeau and other leaders humiliated him at a G7, I believe. Trudeau ended up on the shit list.

There is no rational reasoning behind his behavior. He is mentally ill.

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Jess H's avatar

Well said, as always.

Question for you, though:

"For this purpose, we are establishing the External Revenue Service to collect all tariffs, duties and revenues. It will be massive amounts of money pouring into our treasury coming from foreign sources."

This sounds like he expects Canadians/Canada to pay the tariffs. Is there a word for tariffs that are paid by the exporter? Is it called, the-exporters-raise-their-prices-by-the-cost-of-the-tariff or ... ? I get that this sounds silly but, I wonder if there's a huge disconnect between what he expects to happen and what the GoC expects to happen.

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