The head of Ottawa-based Shopify says it is “simply the wrong choice” for the federal government to impose counter tariffs on U.S. items, as a trade war begins between Canada and the United States.
In case you weren’t aware of where Tobias (Tobi) Lutke’s views lay.
American here, yeah trade wars never lead to anything good, but neither does laying down and taking it. I’m more of the mindset of I will absolutely fuck myself over just to spite you if you wrong me, so I am 100% for Canada’s response because what trump(read Dump) is trying to do is wrong and I am 100% against it.
It’s not just about spite or fighting. If we don’t tariff back, our firms get fucked by American tariffs, unemployment increases, our society pays for a part of those tariffs. Adding Canadian import tariffs transfers reciprocate some of this to the other side of the border, and we then can use the revenue to negate the social cost of the American tariffs. Otherwise we’d end up in part subsidizing them.
American here, yeah trade wars never lead to anything good, but neither does laying down and taking it. I’m more of the mindset of I will absolutely fuck myself over just to spite you if you wrong me, so I am 100% for Canada’s response because what trump(read Dump) is trying to do is wrong and I am 100% against it.
Russia was upset Ukraine fought… It sucks what else a weaker country supposed to do? Take it?
Make another fake deal?
Too Many similarities and it is uncomfortable
It’s not just about spite or fighting. If we don’t tariff back, our firms get fucked by American tariffs, unemployment increases, our society pays for a part of those tariffs. Adding Canadian import tariffs transfers reciprocate some of this to the other side of the border, and we then can use the revenue to negate the social cost of the American tariffs. Otherwise we’d end up in part subsidizing them.