this post was submitted on 04 Mar 2025
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[–] Someone@lemmy.ca 142 points 22 hours ago (5 children)

Ok it's starting to feel like a game now. Can we cause American hyperinflation by a targeted tariff feedback loop?

[–] Frederic@beehaw.org 2 points 7 hours ago

Canada should add a 100% tariff on USA crude oil that we import (Canada import 0 I guess) and with trump reciprocal thinggy, automatically crude oil from Canada to USA would have a 100% tariff on it lol

[–] merc@sh.itjust.works 10 points 11 hours ago (1 children)

No, because Canada's economy will collapse long before the US economy if each side just keeps increasing tariffs. What Canada needs to do is make things cheaper for Canadians, not more expensive.

Take any law related to US intellectual property and decriminalize that.

Violating the copyright on Hollywood movies? Go for it. No charge.

Something you want to do is covered by a patent held by an American? Do it, you won't be prosecuted.

Want to bypass DRM on a tractor, a printer, an iPhone, sell or give away tools to allow anybody else to do it? Feel free.

The biggest advantage of this approach is that if the US did the same thing with respect to Canadian IP, they'd have so much less to work with. The US has geared its economy towards producing IP, and then used trade deals to demand that other countries respect that IP or the US will put tariffs on their stuff. Well, clearly the US isn't holding up its end of that bargain, so fuck 'em.

[–] Someone@lemmy.ca 1 points 2 hours ago

The only difference is we're putting tariffs on things that we can source elsewhere vs the blanket tariffs from the states. But I agree we should also do all the IP stuff you mentioned.

[–] octopus_ink@slrpnk.net 67 points 22 hours ago

Or like the sort of thing a hostile foreign government might really want to have happen to the US...

Good thing we have agent Krasnov at the helm.

[–] TranscendentalEmpire@lemm.ee 22 points 21 hours ago (1 children)

Tbh, I've been pondering just how regulated organized market manipulation is nowadays. With the market going through "corrections" because of tariffs and the FCC being completely defanged, a large group of organized retail investors have the opportunity to get up to some pretty funny business.

[–] SpaceCowboy@lemmy.ca 14 points 19 hours ago

If by "funny business" you mean raise prices on products that don't actually have tariffs on them, then it's a safe bet that yeah, there's going to be some funny business.

[–] villasv@lemmy.ca 13 points 21 hours ago (1 children)

Just take something we import very little and slap a -200% tariff

[–] UltraGiGaGigantic@lemmy.ml 4 points 17 hours ago

-200%? The US government pays you 200% of what the import is worth?