Canada decries ‘illegal’ solar panel tariffs – July 26, 2018
Canada launches NAFTA challenge of ‘illegal’ U.S. tariffs on solar panels is an article that you can find on ctvnews.ca by clicking the link below:
Canada launches NAFTA challenge of ‘illegal’ U.S. tariffs on solar panels
However, the article that sounds more politically charged can be viewed by clicking the link below:
Canada decries ‘illegal’ solar panel tariffs
The truth is like anything else including the Free market I hold dear. Everything works until it doesn’t, this is why I’m a believer in the free market and limited government intervention because every once in a while a Donald Trump type appears, a disruptor an influence of change. When this type of individual gains power, it’s very hard for people to interpret him correctly. Furthermore, the entitlement that resides in most of us won’t allow our egos to believe that a man that speaks the way Donald Trump speaks has a method to what many believe is pure madness?
I’m smarter than him, his opposites say to themselves. Trumps a racist and that’s why he’s getting all this support many of his opposition will assume. If I were as rich as Donald Trump I’d be able to do what he does many will convince themselves, but when you get to the root of the Trump administration’s agenda, what appears to be their motive is a fair equal trade or nothing.
“We hold all the cards” is something Donald Trump has said plenty of times, it’s nothing something protectionist countries like Canada want to believe. We’d like to believe that we’re bigger than we are, we’d like to believe that we Canadians have the answers to America’s problems, many of us would like to believe that we’re smarter than the Americans, our Government is smarter than the American governments. Now that may have been try up until Trudeau.
Trudeau to me is the perfect puppet Prime minister. His dad was economically challenged, but his dad was also a pretty good lawyer. If you rewatch Pierre Trudeau’s public debates, listen to some of his interviews you’d notice that he’d mastered the art of arguing from a legal standpoint as well as blending his arguments into a political debate. Pierre Trudeau was also smart enough to quit while he was ahead. Justin Trudeau, on the other hand, is heavily dependent on his advisors. This is why from my standpoint Justin Trudeau is the perfect political puppet.
A political puppet is a person that can sell an idea to the public with a straight face because he’s ignorant of the truth, or ignorant of the possibilities of his actions or inactions. A high IQ political leader with at least a basic understanding of the economy typically will have a course of action that allows him/her flexibility,
You do this, I’ll do that, now in the free market, it’s hard to predict your opponent’s actions, which is why the people that don’t understand how to provide a good service for cheap typically wind up bankrupt. Because after all, it’s the free market. However, when you’re a protectionist, it’s easier to trap you.
If it were me, I personally would have done something similar to what China did to start when the U.S implemented tariffs, which is cut regulations, cut taxes, cut everything I could to keep Canada competitive from Trumps tariffs, I’d also tell the real estate community, the parties over, the United States just hired a crazy person and if we don’t act decisively now, this entire real estate market and Canadian economy will collapse.
Now, why would I cut regulations? Because that would be my stall tactic, I’d allow American products to come into Canada tariff-free. To garner support from American businesses, but I’d ask the President to do the same thing. This would give me the upper hand, the presidents next move would be to talk about the Bank of Canada artificially lowering it’s interest rates, I respond to Trump by saying as you know Mr. President the Bank and and Politics just like the U.S are 2 separate entities, if possible I’d try to get rates risen in Canada, which might happen naturally anyway, because prices for American goods in Canada would come down, as they would come into the Canada tariff-free.
When interest rates in Canada match the Federal Reserves interest rates, Trump would look like a buffoon, furthermore, it would be easier for Canada to make a legitimate argument against the U.S and even sue the United States. This in actuality would have happened by now and it would have completely disrupted Trump’s plans. But Canada took the protectionist road, so what to expect going forward is a lot of waiting for Canada. A lot of Canada waiting and wondering what Trump will do next.
Canada took the protectionist route and if Canada can be protectionist why can’t the United States practice protectionism too?
Interesting times ahead