Hacker News new | ask | show | jobs
by kjksf 496 days ago
In 2024 Canada had those tariffs on US goods:

  - milk: 270%
  - cheese: 245%
  - butter: 298%
  - poultry: 238%
  - eggs: 163%
Tell me again how good of a friend Canada is to US.

People freak out about Trump's proposed tariffs as if other countries do not already have tariffs on US.

4 comments

Worth noting, Canada doesn't actually charge 270% tariffs on milk. The base tariff for milk is 7.5%:

> Canada’s whole system is built to avoid a surplus -- hence its name, “supply management.” [...] Within quota, the tariff is 7.5%. Over-quota milk faces a 241% tariff. [1]

I also have to agree with Derek Holt here:

> Derek Holt, an economist at Scotiabank, said in a research note. “Better judgment would question whether an entire trading relationship needs to be jeopardized in order to appeal to dairy farmers in Wisconsin.” [1]

[1] https://www.farmprogress.com/management/does-canada-really-c... https://www.farmprogress.com/management/does-canada-really-c...

A country that tears up an agreement it renegotiated and signed four years earlier over spurious claims* isn't a friend and isn't to be trusted.

Sure, the dairy carveouts - which the US and Trump agreed to, again, just four years ago - are stupid artifacts of a farmers lobby group, but threatening to blow up our economy on a whim makes the US unfriendly and untrustworthy. Doing all that while the leader repeatedly says they want to annex our country by economic force and make us a state turns things from untrustworthy to adversary.

If trump wanted free trade to end, he may have gotten it, because a huge amount of the trust that underlay the north american economy is gone now. If you're cheering that on because the number of eggs your dairy farmers are able to export is under a quota, then I can only say your point of view is far too limited.

* The effectively null amounts of fentanyl & migrants crossing the border.

Even if those numbers are true, you do understand that is a very different situation than 25% tariff across the board, and 10% on energy for completely disingenuous reasons.

If it wasn't for oil, natural gas, power Canada would be at a trade surplus with the US. Oil and Natural gas are not things are not easy to find replacement US based sources.

https://economics.td.com/ca-canada-us-trade-balance

source?