Quote:
Originally Posted by OldDutch
I don't think I can be more clear but will try. Let's look at the facts of the trade relationship between Canada and USA. Right now we are treating this as a simple black and white, tariff will hurt us not USA.
Its not that simple and Trump is welcome to try. He'll find out the nuance. Or we can panic and forget the man with the gun is pointing it at his foot and threating to pull the trigger.
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I've said in my posts (and others have) that the tariffs will hurt both US & Canadian consumers.
When my company sells product into the USA, the American will pay the tariff. Our customers will pass that cost along downstream, all the way to the consumer. In response, our US customers try to find domestic suppliers, thereby hurting my company (and Canadian consumers like me).
Same with Alberta crude that gets sent down there. The costs will get passed along until it meets the US consumer at the gas pump, or his heating bill.