Canada is seeing a "dramatic reduction" in imports of orange juice from Florida but that is to be expected, given the rising prices and the fact that the beverage was specifically targeted by our counter-tariffs, said Michael von Massow, a professor of food agriculture and resource economics at the University of Guelph in Ontario.
In other words, the marked drop in imports has been compounded by the ongoing consumer desire to buy Canadian, he said.
Something the economically illiterate POTUS doesn't understand is that the success of large American corporations is related to the fact that they are multinational in nature.Florida orange growers were already reeling from a combination of factors, and tariffs certainly don't help.
Something the economically illiterate POTUS doesn't understand is that the success of large American corporations is related to the fact that they are multinational in nature.
He's throttling their revenue and growth prospects and increasing their production costs so that even domestic income is impacted.
Trump's disadvantage is that he's not the smartest person in the global room.He's opening up wars on multiple fronts. It would be one thing if tariffs were focused on specific countries for specific ends in mind. The assumption he's making is that since the US is the world's largest consumer, all countries will be forced to bend the knee. The flaw with that assumption is that built into that assumption is a core assumption that economics has primacy over all other values, that economics is the only consideration a nation-state makes and that our being the world's largest consumer gives us total leverage. The administration and their supporters make the case that we could really inflict a lot of injury if we want to, which is true, but that goes both ways, as we're just now beginning to see.
Cynically, this is why I think the US will only lurch harder in the direction of authoritarianism, because this administration knows there may be political consequences for their policies and they are determined to avoid paying them.
Trump's disadvantage is that he's not the smartest person in the global room.
If you look at the education and experience of leaders in Canada, Australia, the EU, Mexico and others you'll see that many of them are actual economists with a fair sprinkling of PhDs in their ranks.
Publicly they'll play nice but at the negotiating table they're tough as nails which is why he doesn't have the 200 deals he claimed in April or the '90 deals in 90 days' he later claimed.
In terms of trade China isn't a pariah to Canada or most western countries. We enthusiastically take advantage of both their large market and manufacturing capabilities.I would even go so far as to say they should both have an open mind when dealing with pariahs like China and Russia.
I haven't bought American anything since this whole thing started. It's easy as supermarkets are now clearly identifying Canadian products.I haven't bought American OJ in months.
French wines are better...I haven't bought American anything since this whole thing started. It's easy as supermarkets are now clearly identifying Canadian products.
The only personal sacrifice I've had to make has been to give up my favorite California wine.
We have lots of options for winter vacations. Every major Canadian city has inexpensive direct flights to the Caribbean and Mexico.I hear Portugal is actively recruiting snowbirds.
While watching the various American news interviews with Florida tourism agents; it becomes very clear they’re hurting BIGGLY. Nearly every one of those idiots seems totally confused over the reasons for their collapse and even go so far as to openly assume an arrogant stance with suggesting everyone return and bring money with them.We have lots of options for winter vacations. Every major Canadian city has inexpensive direct flights to the Caribbean and Mexico.
The resorts down there are beautiful and the people very friendly and welcoming.
The vibe in Florida right now is that we should stay away.
Well, yeah. And even if they weren't pricks, you'll wind up getting deported to Uganda or South Sudan over a visa irregularity.We have lots of options for winter vacations. Every major Canadian city has inexpensive direct flights to the Caribbean and Mexico.
The resorts down there are beautiful and the people very friendly and welcoming.
The vibe in Florida right now is that we should stay away.
Isn't it hilarious?early every one of those idiots seems totally confused over the reasons for their collapse and even go so far as to openly assume an arrogant stance with suggesting everyone return and bring money with them.
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