this post was submitted on 11 Jul 2025
416 points (97.5% liked)

World News

48366 readers
2863 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

Donald Trump on Thursday announced a 35% tariff on Canadian imports, starting Aug. 1, citing that Ottawa had retaliated with tariffs against Washington.

“Instead of working with the United States, Canada retaliated with its own Tariffs,” Trump said in his letter to Mark Carney, prime minister of Canada, posted on Truth Social.

(page 2) 42 comments
sorted by: hot top controversial new old
[–] opus86@lemmy.today 23 points 2 days ago (3 children)

Is that the art of the deal or petulant flailing?

[–] Thedogdrinkscoffee@lemmy.ca 6 points 2 days ago* (last edited 2 days ago)

Or? Didn't you mean "is".

[–] who@feddit.org 5 points 2 days ago (1 children)

I think in this case it's yet another example of brazen market manipulation.

load more comments (1 replies)
load more comments (1 replies)
[–] Adderbox76@lemmy.ca 4 points 1 day ago (2 children)

I'd have more respect for our Canadian leaders if even ONE of them would just stand up at a podium and say "nope...we're ignoring it. Everyone knows it's a pump and dump scheme to deflate and reinflate stocks. And in a week he'll be removing them."

Everyone KNOWS he's a fucking grifter, but politicians don't want to say it out loud.

load more comments (2 replies)
[–] CaptainCancel@sh.itjust.works 16 points 2 days ago

Let’s go Taco!

[–] pixxelkick@lemmy.world 15 points 2 days ago (2 children)

I thought he already put tariffs on us? And then again?

[–] troyunrau@lemmy.ca 7 points 2 days ago

Pissing into the wind.

[–] Honytawk@feddit.nl 3 points 2 days ago

They chickens out too much to enforce them.

[–] Pringles@sopuli.xyz 10 points 2 days ago

Carney: looks like it's time to start dumping US bonds again.

[–] yucandu@lemmy.world 8 points 2 days ago (1 children)

Carney needs to call them out and publicly state that the taxes are never going to end because Trump is using them as a fundraising scheme.

[–] BlameTheAntifa@lemmy.world 4 points 2 days ago* (last edited 2 days ago)

Best he can do is cut funding for health care to fund a new military industrial complex.

[–] lemmyknow@lemmy.today 1 points 1 day ago (2 children)

Honestly, is there anything stopping a country from just "mirroring" US tariffs? US gives them X% tariffs, they give the US X% tariffs back. Is this feasible? Or is it a crappy idea?

[–] mxc@programming.dev 2 points 1 day ago (1 children)

I think this is what Europe has done in the past, however you want to target products that don't damage your own economy by making them more expensive. That seems harder to do.

load more comments (1 replies)
load more comments (1 replies)
[–] cyberpunk007@lemmy.ca 2 points 2 days ago
[–] resipsaloquitur@lemmy.world -4 points 2 days ago (8 children)
load more comments (8 replies)
load more comments
view more: ‹ prev next ›