On review at the Canadian Senate, are
the cost differences between the American and Canadian businesses. After
inspecting several different items that travel between the United States and
Canada, they came to the conclusion that Canadian consumers feel “Ripped off” because
they will end up paying more for products that (For example) are made in China,
move to America then pass the boarder to Canada. In Canada the Tariff is 18%
well in America it is 2.9% this was originally set up to protect Canadian manufactures,
but they are all gone now.
First of all, I completely agree with
this post. Why is it that I have to pay more money in Canada then what I would
have to pay for in America? Not only has the US benefited off of this gap in
the system, but they exploit it. Why purchase a $50,000 car in Canada when it
is $45,00 in America? Would it not be worth it to drive down the two states and
purchase it there? And then you look at the Tariff percentage and you almost
jump out of your seat. So then I must ask why do Canadian’s have to pay more
for products?
http://www.thestar.com/business/personal_finance/2013/02/06/canadaus_price_gap_senate_report_due_today.html
The tariffs do far more harm than good to both the US economy and economies around the world. When the cost of trading in increased, less people will trade. This lowers the standard of living for the people in the US and around the world because less products will be available to the US which could be available all over the world. This weakens the US economy because it's trading partners will just go somewhere else
ReplyDeleteI found it true, too. And everybody knows that US is the place for you to shop, not Canada. As Canada has so many things in common in Canada, why they can't make the price of products the same. If they can lower down the price, it will certainly attract more visitors from other countries and they would be glad to shop in Canada. And this will also hold those Canadians who travel to US to buy things.
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