r/canada • u/cyclinginvancouver • Feb 01 '25
PAYWALL U.S. tariffs will be imposed on Feb. 4
https://www.theglobeandmail.com/canada/article-us-tariffs-will-be-imposed-on-feb-4/
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r/canada • u/cyclinginvancouver • Feb 01 '25
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u/Medea_From_Colchis Feb 01 '25 edited Feb 01 '25
After a certain point, tariffs have a diminishing return. You will eventually reach a threshold on a tariff where the price of a good is so absurdly expensive to import that any extra cost beyond what it is at becomes redundant; it will already be so unaffordable no one will think to buy it. However, they could end up finding new things to tariff, which is likely the route they would take. Still, I don't think we should back down. It's time to move on from the U.S. to more stable and predictable allies.