Trump's across the board tariffs on Canada are mutually assured economic suicide

[DKG]

President Trump is simply wrong when he says Canada has nothing the USA needs and Americans are about to find out.

American farmers need fuel and fertilizer to grow their crops.

Trump's tariffs will drive up the cost of oil, potash, and uranium and that will drive up the cost of groceries for every American family.

That's just one example – prices will go up immediately for US families, and jobs will be lost as a result of the Trump tariffs. This is a completely unnecessary action by the American government.

Canada's response needs to be economically sound and reasoned. It should not result in the same kind of self-inflicted harm that Trump is imposing on his citizens.

[Frood]

I wish I was already invested in the US generator business .

[DKG]

I wish I was already invested in the US generator business .

Actually GNRC stocks values have dropped since peaking around December 1 2024.

[knows things]

We will see how Minnesota, New York and Michigan which Trump won like freezing in the dark.

Assuredly. And no doubt it will provide the added impetus required for the US to return to being a net energy exporter, as they were under Trump's first term.

Any perceived "need" the US has of Canada will be liquidated, your leaders will be groveling for a seat at the table a-la Zelenskyy in less time than you think. If you feel that getting behind a criminal like Ford is the way to go, more power to you. Remembering that these states are coming into spring in a month or so, your timing couldn't be more off.

Go for it. See if I'm wrong.

[Frood]

I've got family along that border and they already have generators because the power supply is so fickle.

[Renegade Quark]

Look, Canada has long charged the USA high tariffs on a variety of goods, from dairy products to alcohol.  Trump is merely returning the favor for a change.  All of this angst being emoted by Trudeau & Co. and the Democrats here is pure theater. Tariffs are nothing new to the Canadians or anyone else. We have been paying tariffs while our counterparts, like Canada, have taken advantage of America.  Trump is more or less leveling the playing field and we all know how the Left dislikes a fair game.

[Thiel]

The Saskatchewan Liquor and Gaming Authority will now stop purchasing U.S. alcohol. All goods and services procured by the Government of Saskatchewan will prioritize Canadian suppliers, with the goal of reducing or eliminating U.S. procurements.

That is symbolic. It is nothing more than a scratch. It will not wound an economy.

[Oliver the Second]

Trump delays tariffs for goods under Mexico, Canada trade deal



President Donald Trump suspended on Thursday the 25% tariffs he imposed this week on most goods from Canada and Mexico, the latest twist in a fluctuating trade policy that has whipsawed financial markets and fanned worries over inflation and a growth slowdown.

The exemptions, covering the two largest U.S. trading partners, expire on April 2 when Trump has threatened to impose a global regime of reciprocal tariffs on all U.S. trading partners.

Trump had imposed a 25% levy on imports from both on Tuesday and had mentioned an exemption only for Mexico earlier on Thursday, but the amendment he signed on Thursday afternoon covered Canada as well. The three countries are partners in a North American trade pact.

For Canada, the amended order also excludes duties on potash, a critical fertilizer for U.S. farmers, but does not fully cover energy products, on which Trump has imposed a separate 10% levy. A White House official said that is because not all energy products imported from Canada are covered under the U.S.-Mexico-Canada Agreement on trade that Trump negotiated in his first term as president.

https://www.reuters.com/business/tariff-reprieve-likely-be-extended-all-usmca-compliant-goods-lutnick-says-2025-03-06/