According to the Reagan Library, Canada doctored the video by distorting the former Presidents words. Selective editing.
Bad move by my northern friends.
Time to pay for all the tariffs Canada placed on the USA.
I watched the whole thing too. Reagan was dealing with an unfair practice in Japan when he reluctantly applied tariffs. Reagan didn't like tariffs except in exceptional circumstances and he used them reluctantly and judiciously. To which I say fair enough.
I'd like to know why Ontario was supposed to include the whole speech when they pay by the second for a commercial. Especially when there is reams of evidence that Reagan was against tariffs. I don't think that qualifies as misrepresentation.
I agree it was a bad move, I thought it was needless and tactless to take out that ad in the first place, but Doug Ford as I said, opens mouth to change feet.
We can't control him, you can't control Trump.
Let the chips fall where they may. There is stuff we CAN control, and stuff we can't.
Not worth fighting over.
In the end it is the American consumer that pays the final costs of all these tariffs. It is a consumption tax by any other name.
You pay the final costs to the US govt, you get to determine what works best for you and your markets. That is fair, and I agree with that. He who pays the piper calls the tune!
As Reagan pointed out, markets adapt and money and goods flow elsewhere.
Were you aware that Trump has been misquoting the actual tariffs that Canada has actually never charged?
We have never even once applied the 400% that he talks about all the time.
That was set as a penalty on dairy for flooding our markets- we have quotas on our farmers and the Americans have had access without penalty. They have a quota just like our farmers do- they compete head to head. They don't like the quota system, but it's what our farmers have to cope with too. I buy American organic yogurt all the time, there is no tariff on it. That 400% penalty has never had to be applied.
We dropped our other tariffs a while back, the ones we put on to retaliate for the ones you put on our stuff. It was around the time that Doug Ford floated the idea of cutting off electricity exports to the US. Carney stopped him from that bone headed move, but to placate Trump we took off the other retaliatory tariffs.
I don't pay tariffs on US dairy that I buy (organic yogurt from Washington State, grits by Bob's Red Mill, Natures Path organic cereal, clothes from LLBean, oranges from florida, cotton socks by Hanes, makeup by Merit of Los Angeles, or skin care by Peter Thomas Roth of New York to name a few) so I don't know what tariffs you are talking about.
Our son bought a huge Ford truck brand new, then son in law did the same, neither paid a dime of tariffs. (those things are expensive enough to begin with)
Before Reagan did free trade American goods were way too expensive. Textiles, clothes, books, manufactured goods. I remember paying import duties and the appropriate taxes back in the 80s (that was a tariff).
Reagan and free trade took that out, and consequently I bought a lot of American stuff since then. I'd be sad to see that change, but we will weather this storm somehow.
Trump will do what he needs to do, we will do what we need to do. It'll settle out eventually.
Short term this will be hard, but you'll get there.
So will we.
If the Lord tarries this could work out better economically for Canada as well as the USA because we will both be more self sufficient. Meanwhile we are both doing our best.
I sure didn't until the distillers took out ads begging us to quit with the boycott. Oh and those ads? Most of Canada feels sorry for them, and wishes it hadn't got to this.
