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6 Kommentare
Here is the article without the paywall: https://archive.ph/G2dsS
“ In the face of punishing U.S. duties on most of the world, Canadians have taken comfort in our relatively low tariff rate, thanks to exemptions provided under the North America trade deal.
But a new study finds U.S. trade policy toward Canada is three times more restrictive than the country’s average tariff rate, which Ottawa regularly touts as the lowest in the world.
While the average tariff on Canadians imports was around 4 per cent in October, the overall burden to U.S. consumers from steep tariffs on key products such as steel and automobiles was equivalent to a 12-per-cent across-the-board tariff, according to a new study published by the National Bureau of Economic Research.”
Is it possible to bypass the US in trade if needed?
Well, there’s really nothing new here. CUSMA is on its way out. While americans can’t completely cancel it, they are actively looking for ways to create trade barriers. Naturally, we are extremely vulnerable, so whether the US goes back to a more democratic and open system of governance or becomes a fully totalitarian regime, we should never let the US control over 15% of our trade. The US is not our friend.
I get that Canada and Canadians are getting tired of all of the drama and threats from Trump’s regime directed at Canada. But this is not a quick fix process and Canada needs to understand and accept this new reality. We need to get past the outrage, throttle and use it, and get down to business now.
It will be the work of 5-15 years to re-orient Canada’s economic infrastructure to east – west from north – south.
This is not just pipelines and rail lines (although it most assuredly includes those); this is ports, handling facilities, supporting logistics services, hub-and-spoke collection and distribution facilities, extraction and refinement facilities (yellow, northern ring of fire), transportation infrastructure and networks (such as new LNG fields and the northern ring of fire, amongst other things), etc.
This is about owning / having access to the specialized hulls (ships) to move commodities like LNG, potash, softwood lumber, bitumen, oil, etc. overseas.
This is about owning / having access to the specialized rolling stock (rail cars) and engines to move commodities like potash, softwood lumber, rare earths, strategic metals, etc., to the ports (which expand capacity, capabilities, specialized handling facilities and skilled LABOUR), to expedite the movement of such overseas.
This is all levels of government and indigenous peoples working together to create the conditions to accelerate such efforts.
I am not going to get into person / people bashing from history, as we are past that. But 10 years (and to be fair, more if we look back further) of missed opportunities, failed policies and crappy leadership / decisions has made Canada vulnerable economically, politically, socially and in terms of our security and defence. Canada has let itself become complacent and dependent. We have an existential threat at the door now, so let’s harness this rage and fear as motivation to re-orient Canada to become a truly independent and self-reliant nation that can and does engage around the world on our terms vice those of others.
So, in short: this is not going to be a quick nor easy process unless we actually work together. And even then: 5-15 years.
The over-reliance on the USA was pointed out by many Canadian MPs, trade ministers, and think tanks over the past decades. You can read about them in official documents. Yet the solution was always to avoid the short-term pain and pass the problem down the road to the next generation.
At some point, some generation will have to accept that unresolved issues will need to be solved eventually, and it won’t be cheap or easy. If there were a pain-free solution, it would have already been done long ago. They all knew the problem, but didn’t want to follow through with the solution.
The US conveniently doesn’t count all the money we fork out for subscriptions to IT services, etc. For some reason that is not trade.