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So then, any country that wants to become more economically competitive against the US (even Canada) is a national security threat?
by lambdasquirrel 7y ago
So then, any country that wants to become more economically competitive against the US (even Canada) is a national security threat?
- 420codebro 7y agoYep. That is the system that currently exists. Especially if said player is an ideological adversary.
- adventured 7y agoThe parent is drastically exaggerating. The US dropped its steel tariffs against Canada and imports ~$325 billion in goods from Canada (equal to ~19% of their economy). Canadian steel represents <2% of that. Meanwhile the US is going to allow Infineon to buy Cypress, an important US semiconductor company. The US will have roughly a $21.x trillion economy at the end of 2019. The scale of non-China tariffs is entirely trivial, meaningless. So far there has been very little in the way of actual hits and targeting from tariffs - on the grounds of national security or otherwise - outside of the trade conflict with China.
- deleted 7y ago[deleted]
- oyebenny 7y agoELI5 please?
- lambdasquirrel 7y agoBy the numbers, the only country that has actually taken a hit with tariffs is China (in case you missed the news, Mexico bent over pretty quickly). The response misses the point that the US is saber-rattling to keep other countries in line. China is the only country to actually challenge the US, so now the US has to show everyone who’s boss.