• 42 Posts
  • 20 Comments
Joined 11 months ago
cake
Cake day: January 29th, 2025

help-circle
























  • I wouldn’t say this is adopted from the Florida man’s playbook, although it may look so at first sight.

    As Mr. Carney says, two-thirds of the steel consumed in Canada comes from abroad (with a large part from China). In the U.S. this rate is one-third, in the EU one sixth. This makes Canada dependent on foreign suppliers.

    International trade is fine if everyone plays by the rule of law. If not -which is arguably the case in the predictable future- this dependency puts your economy at a higher risk, and it may make you vulnerable to coercive political measures which we have been observing exactly by countries like China. So protecting your own industry and collaborate with those countries with whom you have a free trade agreement could be a good move.

    But that’s just my interpretation. Maybe I am wrong.













  • Hateful warmongering against China has forced it on a “delete America” program. This is opportunity for Canada. Divisiveness from US is needed instead of evil against China.

    Your comments are outright wrong. This is not hateful warmongering, I am offering simple facts. The 5% growth rate in China is most likely wrong. Even one of China’s leading economists recently claimed that growth rates in the country are more around 2% (he has since disappeared).

    A lot of China’s EV manufacturers already went bankrupt or ceased production in recent years due to fierce price wars, but the country has still a huge overcapacity, and we see the same pattern in practically all other industries.

    (To use your language: just look at the numbers instead of repeating the Chinese propaganda absurdity.)


  • Extremely shameful and destructive for the lacks of talks between Canada and China. Tariffs were put on with not even a phone call, as Sulivan met with Trudeau one weekend.

    Talks between Canada and China have been going on all the time, but China doesn’t appear to listen. The government in Beijing ordered Chinese companies to overproduce -EVs and other products- as they think this is the only way to support their troubled economy. They make decisions in complete disregard of anyone else. I don’t say tariffs or other protectionist measure are a good thing, but a free competitive market only works if everyone plays according to the rules. China doesn’t.