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'Unfair': Canada suspends trade talks with US, PM Carney says will match tariffs 'dollar for dollar'
(timesofindia.indiatimes.com)
this post was submitted on 22 Aug 2026
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There's the issue of determination, and in that regard Canada also has 10 times the determination of USA.
In Canada this is supported by the population, in USA it is not.
But yes it will cause more hurt on the Canadian side than the US. No doubt about that.
On the other hand, Canada is a much respected country globally, and has made many new trade deals with other countries.
While USA is being shunned by basically the entire world now. Nobody likes USA anymore. In fact most traditional allies think China is more reliable than USA.
Short term this may hurt Canada more than USA, but long term USA will be the one that has to give in, disregarding their bigger economy.
It's just too bad that Canada has to suffer this idiocy in the meantime.
IMO Canada should go harder than dollar for dollar. Also because trump is a bully, and the only thing a bully fears, is a victim that hits back harder.
Drop in the bucket. Canada US trade is $1.3T , a few deals with EU and China is barely 10% of that. Y'all need to consult a globe. There is no way we can replace US trade with other countries simply due to geography. There is no way we could deliver goods to Europe or Asia without massive shipping costs.
Carney never should have even negociated. Any deal would have lasted a month, tops. We should kick the ball forward until the mid terms when Trump gets his balls cut off, or dies. If Carney didn't realize he was getting played than Canada is fucked. Trump's trade chaos benefits his inner circle of cronies, he doesn't want stability.
Carney has been saying you can't trust the US well before these trade negotiations. He said an agreement with the US isn't worth the paper is written on.
Obviously the point of negotiations is to buy time. That and you go full-Trump and make big threats and do things without a plan, things tend to go bad. And when things go bad it's hard to explain to people you didn't even try to negotiate.
Carney has made deals with countries all over the world. If Trump kills auto production, we can replace deals with Ford, GM, and Stellantis with deals with manufacturers in other countries. Even China. I don't care if it's Gonna, Hyundai or BYD that owns the factories in Canada. If it employs Canadian workers is all good.
But these kinds of contingencies take time to prepare. If negotiating means more time to prepare, then you negotiate.
You don't have to worry about whether Carney was preparing for this. Would've been nice to have more time, but here in Canada we all knew this would come someday.
Do you think the US has done anything to prepare for a trade war with Canada? I'm all likelihood we'll Bunce back and forth between tariffs and TACO for about a month before anything takes effect because I'm pretty sure the US side of this trade war doesn't know what they're doing.
That is true, but shipping at sea is not that expensive, there's a reason Japan could capture car markets in both USA and Europe already in the 60's from factories in Japan.
Trade with EU and China each have the same economic potential as USA.
Trade relations need to be built, and that takes time. But there is a strong potential for growth in global trade between Canada and other countries in the world than USA.
You say look at a globe, I live in Denmark, and USA is the biggest export market for us. So it is possible to have very significant trade across the Atlantic.
Part of that trade btw is shipping itself, where Mærsk the biggest global container shipping company in the world is headquartered in Denmark.