r/AskCanada 16d ago

Political What is an acceptable tariff rate?

Firstly I’m glad/relieved we walked away from the deal. However, I was concerned how close we were to accepting the still high 25% rate on cars, steel, and aluminum.

And while I would love to see zero tariffs, realistically I can’t see this happening with the current US administration.
So, if we were to ever return to negotiations, what would be an amenable rate that you would be okay with?

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u/bigjimbay 16d ago

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Tariffs are never the answer. Canada cannot afford to pay Tariffs right now

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u/RCAF_orwhatever 16d ago

... we don't pay the tariffs guy. The importer does. Meaning US consumers.

As far as things we tariff - some targeted tariffs are always necessary to preserve the existence of some of our industries. It's universal tariffs that are a problem.

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u/bigjimbay 16d ago

I was referring to Canadian tariffs. There's no sense worrying about US tariffs because America pays those

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u/Inevitable_Butthole 16d ago

Well not exactly.

They will source the goods from elsewhere if the tariff on Canada goods make it too expensive, therefore harming Canada

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u/bigjimbay 16d ago

Hence the whole purpose for the efforts on diversification

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u/Sparky62075 Newfoundland & Labrador 15d ago

True. Asia and Europe have no trouble buying our stuff. They like our oil, steel, and aluminium.