NAFTA dead?

[RabidMongoose]

Originally posted by: Stunt
I image Brits compare themselves to France and visa versa. Many regions of the world can and should be compared. Comparing Canada to Iraq makes little sense, just as comparing the US to China. I think we should be able to compare US to canada fairly easily, 1/10 the population, 1/11 the gdp...etc. It's a moot point in this thread though. Just pointing out my reasoning. I think you've been fairly accepting of my points, and it's appreciated.

Instead of the UK and France, I wonder about a pair like Belgium and France.

 

[Kibbo]

Originally posted by: RabidMongoose
without saying that Canada should ideally do something, but really cannot do that much. Massive retaliation is not possible for Canada. We seem to agree.

Retaliation is quite possible. I doubt that the US would respond with retaliatory tariffs if Canada's tariffs were sanctioned by the WTO. It would be very bad for the US to undermine that institution that openly. And if we focused the tariffs on just a few manufactured consumer goods, the tariffs could cost jobs down there, and there would be few economic consequences up here. Well, the price of refrigerators may go up, but we can handle that.

I really don't get why the US is being so stubborn on this issue. The tariffs are bad for your economy, and breaking your agreements are bad for your reputation. It's irrational.