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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (1507359)	12/10/2024 10:26:36 AM
From: Rarebird	1 Recommendation Recommended By longz Respond to of 1570745

Oh Swami, high priest of liberalism, expert in all areas of economic policy. There is so much waste in regard to government spending, starting with government hand outs to illegal immigrants, terrorists and jihadists in this country that throwing out all these terrorists and illegals will create a great windfall where money could be spent helping out citizens who truly need the help and veterans who are struggling rather than those who want to take over the USA and turn it into Sharia law.

To: koan who wrote (1507359)	12/10/2024 3:42:26 PM
From: Bill	1 Recommendation Recommended By longz Read Replies (2) \| Respond to of 1570745

I love how democrats blame the costs of 911 and the pandemic on Republicans. It’s a stupid analysis that you posit.

To: koan who wrote (1507359)	12/10/2024 4:11:39 PM
From: Tenchusatsu	Respond to of 1570745

Koan, the so-called "Great Recession" ended well before 2012. Why couldn't Obama balance the budget before he left office in 2017? Also the pandemic ended in 2022, maybe 2023 depending on how you want to define the end. Why couldn't Brandon significantly reduce the deficit this year? Now we're left having to balance the budget on a DOGE ... Tenchusatsu

To: koan who wrote (1507359)	12/10/2024 4:20:47 PM
From: Maple MAGA	2 Recommendations Recommended By longz Mick Mørmøny Read Replies (2) \| Respond to of 1570745

The impact of U.S. tariffs on the Canadian economy depends on the nature of the tariffs, the industries involved, and how both Canada and the U.S. respond to the trade policies. Here’s an overview of how U.S. tariffs might affect the Canadian economy: Negative Impact on the Canadian Economy: Trade Disruptions: Export Losses: The U.S. is Canada's largest trading partner, and tariffs on Canadian exports can make Canadian goods more expensive and less competitive in the U.S. market. This is particularly relevant for industries like automobiles, softwood lumber, agriculture, and steel. Reduced Demand: Tariffs can lead to reduced demand for Canadian goods in the U.S., hurting export-based industries. Supply Chain Disruptions: Many Canadian industries are integrated into U.S. supply chains, particularly in sectors like automobiles and manufacturing. Tariffs could increase the cost of materials or components coming from Canada to the U.S., making Canadian businesses less competitive and hurting cross-border trade. Retaliatory Tariffs: If the U.S. imposes tariffs on Canadian products, Canada could retaliate by imposing tariffs on U.S. goods. This would hurt Canadian consumers and businesses by raising prices on U.S. imports, and could escalate into a trade war, leading to broader economic instability. Investment and Economic Confidence: Trade uncertainty caused by tariffs could reduce investor confidence in both the Canadian and U.S. economies. Foreign investment could decline, especially in industries that are highly exposed to cross-border trade. Potential Positive Impact on the Canadian Economy: Diversification of Trade: If Canadian exports to the U.S. become less competitive due to tariffs, Canada may seek to diversify its trade relationships with other countries. This could open up opportunities for stronger trade ties with markets in Asia, Europe, and Latin America. Canada-Asia Trade: Canada could accelerate efforts to expand trade with countries like China, Japan, and India. Canada's Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and trade agreements with the European Union (CETA) could help offset losses from U.S. tariffs. Domestic Industries: Certain Canadian industries may benefit if U.S. tariffs target imports from other countries, increasing demand for Canadian alternatives. For example, if tariffs are imposed on steel or aluminum, Canadian producers of these metals might see increased demand. Less Pressure from U.S. Competition: If U.S. tariffs make Canadian goods more competitive within Canada or globally (e.g., if Canadian products become relatively cheaper compared to tariffed U.S. products), some Canadian businesses might find new opportunities to gain market share. Conclusion: In most cases, U.S. tariffs are likely to hurt the Canadian economy in the short term, particularly in industries that are heavily reliant on the U.S. market, such as manufacturing and natural resources. However, in the longer term, Canada might benefit from seeking new trade partners and diversifying its economy. The overall effect will depend on the specific tariffs imposed, the Canadian government's response, and how both nations adjust to the changing trade environment. Canada's policy response, such as diversifying trade relationships and protecting sensitive sectors, will play a critical role in mitigating the negative impacts and seizing any opportunities that arise.