this post was submitted on 13 Feb 2025
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Canada
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Immediately impose 25% export tariffs on oil and gas to the US, all proceeds directed to support the Canadian steel and aluminum industry.
Oil companies in Canada can suck it and help preserve our country, they're rich enough to take it. Pass emergency legislation to bar them from laying off oil & gas workers. If they squeal, call them out as fascist enablers and make it 30% unless they shut up and agree.
Or Go 50% then let them squeal to 30% to pat them on the back.
I don't understand this take.
We impose tariffs, then those goods get more expensive for Canadians to buy. Why do we want to punish ourselves?
Imo we should lower our tarriffs on other nations, make it enticing to buy somewhere else
Note the difference between import tariffs and export tariffs.
Export tariffs on oil would increase the price for the U.S buyers, at the cost of making the Canadian oil less competitive in that market.
Gas is already 20 cents up again. How would tariffs help with that? Itβs Not like the importer has to pay them