I believe the dust will soon settle on the North American tariff drama.

Quote from: Oliver the Second on Today at 12:39:41 PMI'm starting to have trouble keeping track of all these tariffs -

China imposes retaliatory tariffs on Canadian farm and food products



China on Saturday announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum products.

The new duties become effective March 20, according to a statement by the Customs Tariff Commission of the State Council. Additional 100% tariffs will be imposed on Canadian rapeseed oil, oil cakes and peas, and additional 25% tariffs will apply to pork and aquatic products.

The tariffs add to global trade tensions already high, with rounds of tariff announcements by the United States, China, Canada and Mexico.

The duties come in retaliation for Ottawa imposing tariffs against Chinese imports in October, including a 100% surtax on all Chinese-made EVs and 25% on steel and aluminum imports.

"Despite China's repeated opposition and dissuasion, Canada has taken unilateral restrictive measures on electric vehicles, steel, aluminum and other products imported from China without investigation, undermining China-Canada economic and trade relations," read the statement by the customs authorities.

https://apnews.com/article/china-canada-retaliatory-tariffs-agricultural-products-trade-d35f11cd9612b25283f202a8a59be859

Screw China

I'm starting to have trouble keeping track of all these tariffs -

China imposes retaliatory tariffs on Canadian farm and food products



China on Saturday announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum products.

The new duties become effective March 20, according to a statement by the Customs Tariff Commission of the State Council. Additional 100% tariffs will be imposed on Canadian rapeseed oil, oil cakes and peas, and additional 25% tariffs will apply to pork and aquatic products.

The tariffs add to global trade tensions already high, with rounds of tariff announcements by the United States, China, Canada and Mexico.

The duties come in retaliation for Ottawa imposing tariffs against Chinese imports in October, including a 100% surtax on all Chinese-made EVs and 25% on steel and aluminum imports.

"Despite China's repeated opposition and dissuasion, Canada has taken unilateral restrictive measures on electric vehicles, steel, aluminum and other products imported from China without investigation, undermining China-Canada economic and trade relations," read the statement by the customs authorities.

https://apnews.com/article/china-canada-retaliatory-tariffs-agricultural-products-trade-d35f11cd9612b25283f202a8a59be859

Quote from: Oliver the Second on Today at 11:00:25 AMWhy can't Minnesota, Michigan and New York generate their own power?

Because every time they try to build a power plant the environmentalists throw a tantrum and the project gets cancelled.

Now those same environmentalists are whining about skyrocketing power bills.

You can't fix stupid.

Something similar happened in my province Oliver..

We don't have hydroelectric capabilities, but we have a lot of natural gas and coal..

The former NDP government shut down all our coal power plants and it has quarupled our monthly electricity bill.

Quote from: Shen Li on March 07, 2025, 10:30:38 PMThe Ontario government is set to issue a ministerial directive to the IESO (the province's electricity system operator) to apply a 25% surcharge to power being exported to Minnesota, Michigan and New York.

Why can't Minnesota, Michigan and New York generate their own power?

Because every time they try to build a power plant the environmentalists throw a tantrum and the project gets cancelled.

Now those same environmentalists are whining about skyrocketing power bills.

You can't fix stupid.

I like many of the domestic and international actions of the president. But, his instability as per tariffs between Canada and the US are leaving people that support most of his agenda scratching their heads.

Unbelievably stupid! 🫣

What was it Admiral Isoroku Yamamoto said referring to the Japanese attack on Pearl Harbor?

"I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve."

The Ontario government is set to issue a ministerial directive to the IESO (the province's electricity system operator) to apply a 25% surcharge to power being exported to Minnesota, Michigan and New York. Ford says it will apply even if US tariffs are removed.

As I understand it, all Mexican tariffs have been paused until April..

Most Canadian tariffs still apply?

I guess reality hit Trump in the face when he realized tariffs on the auto sector are tariffs on the US too. There is no border in that industry. Parts can travel between the US and Canada several times before they are put in a car at a plant on either side of the border.

Quote from: Oliver the Second on March 06, 2025, 05:31:37 PMTrump 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/

This article is wrong.

Trump lifted all tariffs on Mexico, but kept most on Canada. All Canadian automotive tariffs are lifted. Potash has ten percent hit instead of twenty five.

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/

Quote from: Herman on March 05, 2025, 08:56:12 PMThe 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.

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.

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