2 ms·
Canada generally doesn't have much problem coordinating with the US on tariffs on Chinese goods. A primary example is Chinese Vehicles. The trouble is that by l
by jszymborski 1mo ago
Canada generally doesn't have much problem coordinating with the US on tariffs on Chinese goods. A primary example is Chinese Vehicles. The trouble is that by launching a trade war against Canada, the US has lost the willingness of Canadians to participate in such coordination.
Re: Canadian dollars, it's the US dollar that I believe is the more salient concern [0]
[0] https://www.morningstar.com/news/dow-jones/20260825307/bitcoin-hits-more-than-three-month-high-as-debasement-trade-regains-momentum https://www.morningstar.com/news/dow-jones/20260825307/bitco...
- declan_roberts 1mo agoChinese vehicles are a little more conspicuous in their origin than rolled steel and aluminum.
- jszymborski 1mo agoIf steel and aluminum is imported to Canada, they face Canadian tariff rates. If the US and Canada coordinate their tariff regimes (as I illustrated with the EV example), the rolled steel and aluminum will be tariffed at a rate the US government deems adequate. If you're suggesting that Canada is facilitating the covert smuggling of Chinese steel and aluminum then I'd require a bit more evidence. It's become fashionable for the US government to level such accusations, but as we saw with claims about fentanyl, it's all bunk.
- trynumber9 1mo agoCAD vs USD is rather stable, varying between 0.70-0.73 the last 12 months though trending down from 0.8 in the last 60 months.