I wish this comment (merc’s comment) would get bumped to the top of every post related to the tariffs. Tit for tat tariffs is stupid with predictable results. Strategic tariffs and other targeted mean of retaliation are better. Why is there only a 10% tariff on oil? Because the US needs Canada’s oil. You fuck with our economy we fuck with the resources we give you at a discounted rate. Look at CUSMA (hehe. or NAFTA or whatever broken trade agreement that was) and target the industries that the (US) wanted to protect.
And for people using the tired fight analogies - just because someone tries to punch you in the face doesn’t mean you punch them back in the face. You have already been training to kick them in the fucking balls.
Tit for tat tariffs is just political posturing for weak leadership.
I had to chuckle about this comment. I said that same thing in a rant to family and friends last night including using the words “for pennies on the dollar”