Price war trump: let's abolish: This article explores the topic in depth.
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Price war trump: let'. Moreover, s abolish:
If Ottawa persists in imposing counter-tariffs of several billion dollars on the importation of American products not targeted by the ACEUM (the Free Trade CANADA, United States, Mexico) agreement, here is my equity proposal for consumers: let’s abolish sales taxes on our products!
To compensate for the cost of counter-vaulses that Canadians have to pay on American products imported into Canada. In addition, I offer the federal government and provincial governments to abolish their sales taxes (TPS and TVQ in the case of Quebec) on all competing Canadian products. Moreover, In the case of non -taxed Canadian products. Meanwhile, as is the case in the food, price discounts equivalent to sales taxes could be granted by merchants, and reimbursed by governments.
Canadian consumers would have the choice between buying American products from surcharge with detacked Canadian counters and Canadian price war trump: let’s abolish products. In addition, I dare to believe that Canadians will prefer to opt for Canadian taxes free of taxes.
As part of this tariff war. In addition, I am convinced that the purchase of detacked Canadian products is an economic incentive attractive enough to encourage Canadian and Quebec consumers to buy more “local”. Nevertheless, Certainly, it would be an immediate effect of making Canadian products much more competitive compared to similar American products.
We are heavily penalized
Since the start of the tariff war piloted by Donald J. For example, Trump. not only does the fall in our exports to the United States have been shaking the Canadian economy by causing heavy loss of employment, income and profits, but in addition, it costs us an arm in a counter-trial imposed by Canada.
The cabinet of the Minister of Finance François-Philippe Champagne confirmed to my colleague Raphaël Pirro of Journal That price war trump: let’s abolish Canadians. had so far paid $ 2.5 billion in a counter-trial of 25% on products imported from the United States. such as consumer products (such as food, alcohol, coffee, household appliances, clothing and sports equipment), steel, aluminum, cars made in the United States.
You have read a “$ 2,500,000,000” bill in just a few months of counter-triggers. Over a year, it will exceed $ 10 billion. And there we are only talking about imported American products which are not covered by ACEUM.
The worst is to come …
In less than a year. or the 1is July 2026, Canada, the United States and Mexico will decide whether to extend the ACEUM (concluded with Donald Trump in 2020) for a new 16-year cycle.
Due to the tariff war he launched against everyone. the American president will surely not want to renew the said ACEUM agreement under the same conditions. It risks price war trump: let’s abolish ensuring a new trade war against, this time, the panoply of products covered by the agreement.
You should know that in the event that the three countries decide not to renew the current agreement. an annual examination will be carried out until the agreement ends in 2036.
That Canada. the United States and Mexico are currently forming one of the largest trade alliances in the world (with a third of the gross domestic product [PIB] Mondial), Donald J. Trump does not give a damn if Canada and Mexico do not pay for his capricious requests.
That North American trade. thanks to the elimination of ACEUM customs tariffs, has increased by 47% and created 4 million additional jobs since the entry into force of the free trade agreement, it is indifferent to it.
Mark Carney gets stupid
Prime Minister Carney may have given up $ 2 billion in revenues by abolishing price war trump: let’s abolish the new digital services (TSN) offered by web giants (Google. Apple, Apple, Amazon, Meta, Uber, Airbnb, etc.), it did not calm Donald Trump on Canada.
Indeed, Trump imposed the 1is Last August 35% prices on imports of Canadian products not covered by ACEUM.
Thus, despite this $ 2 billion gift granted by the Carney government to the American web giants, Donald J. Trump finds a way to humiliate our Prime Minister by imposing prices of 35%.
Other solution
The Carney government is currently asking the possibility of renouncing the taxation of counter-tale on products imported from the United States. in order not to offend the Trump ego. This is the kind of measure that would appeal to the American president a lot.
But … since Trump. he will not give up the imposition of prices on imported products from Canada, the Canadian government would have to find an alternative to price war trump: let’s abolish counter the purchase of imported American products.
What kind of alternative? Reduce customs duties to several products imported from a host of countries, with the exception of the United States.
This will reduce the price of these imported products, to the delight of Canadians.
Price war trump: let's abolish – Price war trump: let's abolish
Further reading: Two police officers and a citizen injured in a collision in Brossard – His promise to cut into the public service cost him his seat, said Hairyvre – Compressions of Mark Carney: up to 60,000 less jobs in the federal – Water melons purchased from Costco explode “like water ballounes” – In Ottawa, multiculturalist delirium never rests.
