World NewsPlease please pleeeeeease start tariffing the export of electricity from Canada to America.
Tariffs affect buyers through increased cost, and sellers through reduced sales. Import tariffs affect local buyers and foreign businesses, while export tariffs affect local businesses and foreign buyers.
All of Trump's tariffs are import tariffs. They affect American buyers, who have to pay more, and foreign businesses who sell less. Generally, export tariffs are avoided, because reduced sales for local business is "a bad thing" (but fuck local consumers amirite).
With Canada's electricity exports, America needs it. They can't not have it. So a tariff here makes perfect sense: the foreign consumer has no choice but to pay, while the local business loses no sales. All the pain is felt in the foreign domain.
Electricity export tariffs are win/win for Canada as a retaliation to the US.
Electricity export tariffs are win/win for Canada as a retaliation to the US.
You might want to learn about international trade before opining about it.
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There is no such thing as an export tariff, you are referring to an excise tax.
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US does not need Canadian electricity, they only buy it at certain times of the year because it's cheaper.
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At times during the year, Canada buys electricity from the US.
Is this not taught in schools?
Monthly average exports from the United States to Canada in 2023 increased 70% on a year-over-year basis to 1,809 gigawatthours (GWh), while monthly average imports from Canada to the United States decreased by 36% to 3,315 GWh. In 2023, the United States remained a net importer of Canada’s power on an annual basis, but the amount of electricity received fell sharply from 42 terawatthours (TWh) in 2022 to 15 TWh in 2023. The decline in imports from Canada was large enough that by September 2023 the United States switched to become a net electricity exporter to Canada, which continued for five of the next nine months, according to EIA’s Quarterly Electricity Imports and Exports Report.
https://www.eia.gov/todayinenergy/detail.php?id=63684
https://www.eia.gov/
We're still trusting this kind of source after hearing about how deeply it's being edited?
If you don't kick the bully in the balls he'll just keep stealing your lunch money.
JUST DO IT!
Sept 8th????
Start them NOW you fucking coward.
It takes time to actually setup a new tariff so it can be collected. Clueless people are just full of opinions.
I knew there would be funny business with his new tough stance. Spineless banker.
Not sure whether you don't understand the complexity of supply chains and federal levies
Spineless banker
... or you just live in Alberta.
That'll help the failing alcohol industry here in the states - which is already reeling.
US liquor and wine were already taken off the shelves in almost every province for months now. In the others almost no one is buying it.
And those who do need heckling every time.
If you want to read a Canadian perspective, CBC has an article on this exact thing.
Could have hit a real home run if they waited 3 days to start it.
It takes time to write up all the instructions on what's covered, the rates, and get more people assigned to enforcing and collecting it.
Announcing and then immediately enforcing tariffs turns any sort of commerce with the countries involved into an absolute shit show for the buyer and seller.
3 days after the date in the headline is 9/11...
We live in such a stupid timeline
Out of the two you blame him and not the Oompa Loompa that's actively trying to rape our country and break it up? No deal is way better than us getting screwed over by trump.
