THeBlueCashew

The Flame Pit => The Guest Nest => Topic started by: DKG on March 05, 2025, 07:26:25 AM

Title: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 05, 2025, 07:26:25 AM
I have been giving the US administration the benefit of the doubt. The original reason for threatening those tariffs was to stop the flow of illegal aliens and drugs across the border into the US. Trump got what he wanted.

I have also heard it was because Canada was not meeting it's NATO spending responsibilities. Trump has a got a point there. But, that will take a new election and a new government.

I also know we have not opened up our dairy, softwood lumber, and alumuminum industries to fair foreign competition. But, they too can negotiated once we have a new government with a new mandate.

There is no logical reason right now for a twenty five percent across the board tariff on Canadian imports excluding energy which got a ten percent tariff.

If you take oil and natural gas out of the picture, the US has a trade surplus with Canada. And even with energy they are getting a bargain that contributes to their enegery security.

I am now in favour of reciprocal tariffs including my province cutting off electrical power to neighbouring states.

US farmers are entirely dependent on potash imports from Saskatchewan. Their farms cannot survive without it.

Trump has done an a speedy job reversing the worst of the previous administration. But, these tariffs on an economy so intertwined with their own makes no sense.

Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Frood on March 05, 2025, 07:30:49 AM
Nah. Fuck Canadians for allowing Trudeau. They have to feel some pain.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: formosan on March 05, 2025, 08:20:26 AM
Quote from: Frood on March 05, 2025, 07:30:49 AMNah. Fuck Canadians for allowing Trudeau. They have to feel some pain.
It looks like the Liberals will form another coalition government with the NDP after Mark Carney becomes their leader.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Oliver the Second on March 05, 2025, 09:46:17 AM
Quote from: DKG on March 05, 2025, 07:26:25 AMUS farmers are entirely dependent on potash imports from Saskatchewan. Their farms cannot survive without it.



That's why I kind of support the tariffs. Countries should strive to be as self-sufficient as possible. You never know what's going to happen in the world and being dependent on another country for your survival could lead to disastrous consequences.

Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Brent on March 05, 2025, 12:35:20 PM
Quote from: formosan on March 05, 2025, 08:20:26 AMIt looks like the Liberals will form another coalition government with the NDP after Mark Carney becomes their leader.
I  saw an Ipsos poll showing the Liberals are right back. It's Quebec and Atlantic Canada that will give the Liberals another minority government which means another coalition with the NDP. :facepalm:

Trudeau will be gone, but his prog dictatorship lives on.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Brent on March 05, 2025, 12:38:12 PM
Quote from: Oliver the Second on March 05, 2025, 09:46:17 AMThat's why I kind of support the tariffs. Countries should strive to be as self-sufficient as possible. You never know what's going to happen in the world and being dependent on another country for your survival could lead to disastrous consequences.


I agree with you. Especially manufactured goods. They should not be imported.

But, now that we are being punished with tariffs, I am having second thoughts.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Thiel on March 05, 2025, 01:25:56 PM
Quote from: Oliver the Second on March 05, 2025, 09:46:17 AMThat's why I kind of support the tariffs. Countries should strive to be as self-sufficient as possible. You never know what's going to happen in the world and being dependent on another country for your survival could lead to disastrous consequences.


It would take a while to find new sources. In the mean time, it will bankrupt farmers and raise food prices.

Canada and America should fully integrate their economies. No tariffs on either side and no Canadian dairy cartels.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Thiel on March 05, 2025, 01:40:25 PM
Trump's favorite president was William McKinley. Here is why.

A brief history on William McKinley, the "Napoleon of Protection"
After the Civil War, Congress introduced additional tariffs to raise revenue and protect domestic manufacturers. The tariffs were so successful in raising revenue, that by 1887 the Democrats and Republicans were fighting over how to reduce the revenue. Democratic President Grover Cleveland and his party argued that tariffs had to be removed despite the protection they brought. Republicans on the other hand doubled down on protectionism and argued that increasing the tariffs would have reverse effect. Higher rates would in fact bring in less revenue as Americans choose to buy American goods rather than pay the duties. It was a reverse Laffer-curve argument.

Enter William McKinley. In 1890, Ohio Congressman William McKinley framed what became know as the McKinley Tariff.  The Tariff act raised tariffs on many goods with more emphasis placed on protecting American industry. It was attacked by the Democrats and eventually replaced in 1894 with the Wilson-Gorman Tariff that was supposed to reduce tariffs. But, under the Democratic leadership of Grover Cleveland's second term, the Wilson-Gorman Tariff became bloated with all kinds of special-interest protection that it barely made a dent in the tariff rates. Furthermore, it added the first ever peace-time income tax. 

Two years later, in 1896 William McKinley campaigned on raising Tariffs to reduce internal taxes and encourage the growth of American industry and jobs. In 1897, Congress passed the Dingley Act, increasing rates on items like  wool, linen, silk, china and sugar. The Digney Tariff remained in effect for 12 years. More importantly, the bill granted the present authority to negotiate reductions in tariffs or even remove duties on items altogether. It was an idea that William McKinley had framed six years earlier, allowing the executive branch to use the threat ore elimination of tariffs to secure reciprocal trade agreements with trading partners.

Upon accepting the nomination for a second term, President McKinley spoke boldly of tariffs and wealth and prosperity it gave America.

"A tariff which protects American labor and industry and provides ample revenues has been written in public law. We have lower interest and higher wages; more money and fewer mortgages. The world's markets have been opened to American products, which go now where they have never gone before. We have passed from a bond-issuing to a bond-paying Nation; from a Nation of borrowers to a Nation of lenders; from a deficiency in revenue to a surplus; from fear to confidence; from enforced idleness to profitable employment. The public faith has been upheld; public order has been maintained. We have prosperity at home and prestige abroad." 
https://www.presidency.ucsb.edu/documents/address-accepting-the-republican-presidential-nomination-1
William McKinley's life and presidency was cut short by an assassin, but in a few short years, he took the nation from an acute economic depression to prosperity. Like President Trump has stated, he is one of the most under-rated presidents. William McKinley was known as the "Napoleon of Protection", but in the end it was reciprocal trade that he was after. William McKinley showed us that tariffs can be a powerful path to a more prosperous and wealthier America.
https://www.stateoftheunionhistory.com/p/making-america-wealthy-brief-history-on.html
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Herman on March 05, 2025, 08:56:12 PM
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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Herman on March 05, 2025, 09:29:44 PM
Doug Ford says Ontario is ready to cut off electricity to millions of Americans in New York, Minnesota, and Michigan.

"If they want to try to annihilate Ontario, I will do everything — including cut off their energy with a smile on my face," said Ford. "They rely on our energy. They need to feel the pain. They want to come at us hard, we're going to come back twice as hard."
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Shen Li on March 05, 2025, 11:28:52 PM
I read the auto industry got a 30 day reprieve.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Frood on March 05, 2025, 11:34:22 PM
Canada is so retarded.  :facepalm:
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Shen Li on March 05, 2025, 11:45:02 PM
Quote from: Frood on March 05, 2025, 11:34:22 PMCanada is so retarded.  :facepalm:
Why do you think we pulled the pin on that Venezuela wannabe.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: . on March 06, 2025, 01:12:22 AM
Quote from: Herman on March 05, 2025, 09:29:44 PMDoug Ford says Ontario is ready to cut off electricity to millions of Americans in New York, Minnesota, and Michigan.

"If they want to try to annihilate Ontario, I will do everything — including cut off their energy with a smile on my face," said Ford. "They rely on our energy. They need to feel the pain. They want to come at us hard, we're going to come back twice as hard."
Has he been huffing from his brother's crack stash? "Republican president has kicked us in the No-No Square, we're gonna punish the blue states".

Fucken retard, heheh.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 06, 2025, 08:10:24 AM
Quote from: . on March 06, 2025, 01:12:22 AMHas he been huffing from his brother's crack stash? "Republican president has kicked us in the No-No Square, we're gonna punish the blue states".

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

Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 06, 2025, 08:13:22 AM
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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Frood on March 06, 2025, 08:19:32 AM
I wish I was already invested in the US generator business .
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 06, 2025, 08:35:42 AM
Quote from: Frood on March 06, 2025, 08:19:32 AMI wish I was already invested in the US generator business .
Actually GNRC stocks values have dropped since peaking around December 1 2024.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: knows things on March 06, 2025, 10:35:08 AM
Quote from: DKG on March 06, 2025, 08:10:24 AMWe 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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Frood on March 06, 2025, 10:42:43 AM
I've got family along that border and they already have generators because the power supply is so fickle.

Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Renegade Quark on March 06, 2025, 11:03:30 AM
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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Thiel on March 06, 2025, 01:39:17 PM
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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Oliver the Second on March 06, 2025, 05:31:37 PM

Trump delays tariffs for goods under Mexico, Canada trade deal

(https://i.imgur.com/vk3CV5Gs.png)

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/
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Herman on March 06, 2025, 08:41:40 PM
Quote from: Oliver the Second on March 06, 2025, 05:31:37 PMTrump delays tariffs for goods under Mexico, Canada trade deal

(https://i.imgur.com/vk3CV5Gs.png)

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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 07, 2025, 07:19:51 AM
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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: formosan on March 07, 2025, 08:19:40 AM
As I understand it, all Mexican tariffs have been paused until April..

Most Canadian tariffs still apply?
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Shen Li on March 07, 2025, 10:30:38 PM
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.



Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 08, 2025, 10:12:46 AM
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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Oliver the Second on March 08, 2025, 11:00:25 AM
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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: formosan on March 08, 2025, 11:45:23 AM
Quote from: Oliver the Second on March 08, 2025, 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.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Oliver the Second on March 08, 2025, 12:39:41 PM

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

China imposes retaliatory tariffs on Canadian farm and food products

(https://i.imgur.com/Lze7XSZm.jpeg)

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
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Brent on March 08, 2025, 12:56:42 PM
Quote from: Oliver the Second on March 08, 2025, 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

(https://i.imgur.com/Lze7XSZm.jpeg)

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
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Thiel on March 08, 2025, 06:01:37 PM
I believe the dust will soon settle on the North American tariff drama.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Herman on March 08, 2025, 07:14:26 PM
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/479922521_1179358267087586_1736094328361769565_n.jpg?stp=cp6_dst-jpg_p552x414_tt6&_nc_cat=101&ccb=1-7&_nc_sid=aa7b47&_nc_ohc=n6TluMYS5LUQ7kNvgEngWD2&_nc_oc=Adiik55mATN8aOP8WMV4cetKBcjvkySK8P150HURb5ktODb7703G8wtl9rY-iFl1XG0&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=AObvcShDWZOgJQZrfKdpEqE&oh=00_AYFjRMBikl5Mgfv6u4BXW91U8dl52VnWKAsSVdACtBbgoA&oe=67D29757)
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Reggie Essent on March 08, 2025, 09:47:43 PM
I don't understand why Canadians are pissed about reciprocal tariffs.  I know some dairy farmers in Wisconsin who have been pissed for years about you motherfuckers tariffing the fuck out of your dairy.

Trump is just pointing out that we've been too nice and have been taken advantage of for far too long.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Shen Li on March 08, 2025, 10:25:19 PM
Quote from: Oliver the Second on March 08, 2025, 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.

They don't give 2 fucks about that.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 09, 2025, 11:13:58 AM
It is impossible for tariffs to entirely replace income tax revenue. I read the administration would need something like fifty plus percent blanket tariffs on everything entering the country to make that happen. I haven't verified the numbers, but if true that would mean crippling the economy of the US and the world.

Carefully targetted tariffs on countries that do not have reciprocal free movement of goods can enhance Washington's revenue. But, it will never come close to replacing it.

DOGE is a much better way of generating revenue through savings. That will stimulate the economy. Steep broad based tariffs on countries like Canada will have the opposite effect.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Herman on March 09, 2025, 06:09:29 PM
Quote from: Reggie Essent on March 08, 2025, 09:47:43 PMI don't understand why Canadians are pissed about reciprocal tariffs.  I know some dairy farmers in Wisconsin who have been pissed for years about you motherfuckers tariffing the fuck out of your dairy.

Trump is just pointing out that we've been too nice and have been taken advantage of for far too long.
Fair enough. Dairy is protected in Canada because most of it is in Quebec.

But why put tariffs on Western Canadia Select that you are already getting for a bargain because progtards will not allow coastal pipelines to be built so we can diversify our markets.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 10, 2025, 10:33:26 AM
Donald Trump said on March 9 that his tariff plan would likely impact the economy, describing it as a "transition period" that would ultimately benefit the country. "There is a period of transition because what we're doing is very big. We're bringing wealth back to America," Trump said in an interview with Maria Bartiromo, host of Fox News's "Sunday Morning Futures."

When asked about business leaders voicing concerns about the uncertainty and market volatility his tariff announcements have caused, Trump said that his focus remains on the future.

"Look, what I have to do is build a strong country. You can't really watch the stock market," he said. "What we're doing is we're building a tremendous foundation for the future." The president said his policies would bring down interest rates and energy prices, easing the burden on consumers and businesses.

Sorry Mr President, I have strong doubts that you can do what you claim.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Brent on March 10, 2025, 01:02:25 PM
Ontario premier Doug Ford announced that effective Monday his province is charging 25% more for electricity to 1.5 million Americans.

Ontario provides electricity to Minnesota, New York and Michigan.

Ford's office said the new market rules require any generator selling electricity to the U.S. to add a 25% surcharge to the U.S. Ontario's government expects it to generate revenue of $300,000 Canadian (US$208,000) to $400,000 Canadian (US$277,000) per day, "which will be used to support Ontario workers, families and businesses."
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Thiel on March 10, 2025, 04:01:54 PM
Trump trying to resurrect William McKinley is at odds with his Republican predecessors. Democrats too.
https://www.youtube.com/watch?v=aQiRyZuMPBs
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: The Donald on March 10, 2025, 05:00:43 PM
Quote from: DKG on March 10, 2025, 10:33:26 AMDonald Trump said on March 9 that his tariff plan would likely impact the economy, describing it as a "transition period" that would ultimately benefit the country. "There is a period of transition because what we're doing is very big. We're bringing wealth back to America," Trump said in an interview with Maria Bartiromo, host of Fox News's "Sunday Morning Futures."

When asked about business leaders voicing concerns about the uncertainty and market volatility his tariff announcements have caused, Trump said that his focus remains on the future.

"Look, what I have to do is build a strong country. You can't really watch the stock market," he said. "What we're doing is we're building a tremendous foundation for the future." The president said his policies would bring down interest rates and energy prices, easing the burden on consumers and businesses.

Sorry Mr President, I have strong doubts that you can do what you claim.
Great things are coming. Be patient.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Shen Li on March 10, 2025, 08:59:02 PM
Most of Trump's policies are so much better than Biden's. Trade included.

However, putting tariffs on every good of foreign origin is not one of them. Particularly with Canada and Mexico.

Trump wants growth. I hope he realizes soon this is not growth conducive.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Shen Li on March 10, 2025, 09:07:28 PM
Next week China imposes broad based high tariffs(some up to 100%) on Canada.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 11, 2025, 10:33:22 AM
Quote from: The Donald on March 10, 2025, 05:00:43 PMGreat things are coming. Be patient.
Inflation and a recession are coming in the near term.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Oliver the Second on March 11, 2025, 10:43:40 AM
Quote from: DKG on March 11, 2025, 10:33:22 AMInflation and a recession are coming in the near term.


We haven't had a real recession since 2009. It's long overdue.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 11, 2025, 10:52:03 AM
Quote from: Oliver the Second on March 11, 2025, 10:43:40 AMWe haven't had a real recession since 2009. It's long overdue.
This one will be worse than it would have been without the poorly thought tariff madness.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Oliver the Second on March 11, 2025, 11:01:10 AM
Quote from: DKG on March 11, 2025, 10:52:03 AMThis one will be worse than it would have been without the poorly thought tariff madness.

Looks like it's about to get worse.


Trump orders 50% tariffs on Canadian steel and aluminium

(https://i.imgur.com/GPRQWumm.png)

US President Donald Trump says he will double tariffs on Canadian steel and aluminium from 25% to 50%

In the latest twist in a deepening trade war, Trump says it's in retaliation for 25% tariffs Ontario placed on electricity it sends to northern US states

Trump says the tariffs will begin on Wednesday, adding that he'll declare "a national emergency on electricity" in those states

The latest escalation comes after the worst day of 2025 for US markets, fuelled by fears of President Donald Trump's aggressive tariffs on America's biggest trading partners

When asked about a potential recession in a recent interview, Trump said the economy was in a "period of transition"

https://www.bbc.com/news/live/cly412xwz44t
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 11, 2025, 11:11:41 AM
Quote from: Oliver the Second on March 11, 2025, 11:01:10 AMLooks like it's about to get worse.


Trump orders 50% tariffs on Canadian steel and aluminium

(https://i.imgur.com/GPRQWumm.png)

US President Donald Trump says he will double tariffs on Canadian steel and aluminium from 25% to 50%

In the latest twist in a deepening trade war, Trump says it's in retaliation for 25% tariffs Ontario placed on electricity it sends to northern US states

Trump says the tariffs will begin on Wednesday, adding that he'll declare "a national emergency on electricity" in those states

The latest escalation comes after the worst day of 2025 for US markets, fuelled by fears of President Donald Trump's aggressive tariffs on America's biggest trading partners

When asked about a potential recession in a recent interview, Trump said the economy was in a "period of transition"

https://www.bbc.com/news/live/cly412xwz44t
I saw that.

While Canada and aluminum are sectors where Canada has not played fair, it could have been negotiated individually just like Canada's hyper protected dairy industry. This blanket trade war serves no purpose long term.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: . on March 12, 2025, 05:36:18 AM
Quote from: DKG on March 11, 2025, 10:33:22 AMInflation and a recession are coming in the near term.
Correct. And I do remember saying on innumerable occasions that electing Trump could only hope to soften the impending crash wrought by previous administration.

It would probably be wise to understand that Trump's main focus is on the US. With the amount of propping up the US has traditionally done for her northern ally, it is Canada and not the US that will feel the hurt the most. Expecting the current paradigm to continue is unrealistic. 

And really, why would you want it to? Canada barters her loonie's worth against the greenback - it is effectively your reserve currency. It loses value, the loonie loses value. Hyperinflation will destroy the worth of any money you have banked.

You need him to be acting in this manner in order that you do not die a pauper. Well, unless you go back on to the gold standard, but I imagine people like Saddam can tell you where that path leads. Yeah, it hurts - I get it. Ripping off all the bandaids usually does.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: The Donald on March 12, 2025, 04:46:40 PM
The price of eggs has dropped below what they were before I returned to office.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Herman on March 14, 2025, 02:40:08 PM
(https://scontent.fyxd1-1.fna.fbcdn.net/v/t39.30808-6/482018602_1014224304104895_3860081685145933612_n.jpg?stp=dst-jpg_p552x414_tt6&_nc_cat=108&ccb=1-7&_nc_sid=aa7b47&_nc_ohc=wipsJqa-evYQ7kNvgEdSMgr&_nc_oc=Adh8iWx6Q-0OnJ7USO8gAn95bra6SHTIpJWT397fNEoV7ROtSt_nVRxEFGdge9f9lnAp8Z6-PWcUKLL5P1AHRuPU&_nc_zt=23&_nc_ht=scontent.fyxd1-1.fna&_nc_gid=3EvCft22n2ckkTY2-6j_kA&oh=00_AYEgcNF0l3P0Hq6ve4-5eIsh6qz2dPsH9KrMBdcTQ2Zt1g&oe=67DA38A4)
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: knows things on March 14, 2025, 04:24:58 PM
^That. To which I add the use of tanks to haul off trucks, walls of uniformed "basher gangs" to clear the streets and the trampling of mobility impaired first nationers by mounted police. CTV, Global and CBC attempted to describe the wheelchair as a "bicycle" as I recall, as if that would make that okay. Apparently it did.

Not long after the debacle there was another protest, held in support of Ukraine. Truedeaup marched in that one. No tanks, no tramplings, no basher gangs.

I can understand why Shen won't go back to Canada, I wouldn't either. Canada once enjoyed a reputation for being a kindly people, a nation of peacekeepers. I  could still see it in 2012, but in ten years it had degenerated into a beaten, divided nation whose currency was better expressed in petty mindedness and mean spirited.

I count myself fortunate to have lived Canada when she was something to be proud of. I don't know if those days will ever return.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: Oliver the Second on March 16, 2025, 10:57:29 AM

NO - PLEASE - NOT THAT - WE SURRENDER !!!!


Canadians Propose Punishing Americans For Trump's Trade War by Blocking Their Access to PornHub

(https://i.imgur.com/oR0DgJbm.png)

Some Canadians have come up with an unusual idea for punishing Americans for Trump's trade war.

The idea involves blocking American's access to the Canadian-owned Pornhub, which remains the most visited website in the entire country.

It was first proposed by comedian Matthew Puzhitsky, who posted an Instagram video describing the website as "Canada's nuclear weapon."

"If Canada could ban Pornhub in the states, we win the trade war," Puzhitsky told The New York Post.

"That's it. There is no trade war."

https://www.thegatewaypundit.com/2025/03/canadians-propose-punishing-americans-trumps-trade-war-blocking/
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: DKG on March 16, 2025, 11:03:50 AM
Quote from: Oliver the Second on March 16, 2025, 10:57:29 AMNO - PLEASE - NOT THAT - WE SURRENDER !!!!


Canadians Propose Punishing Americans For Trump's Trade War by Blocking Their Access to PornHub

(https://i.imgur.com/oR0DgJbm.png)

Some Canadians have come up with an unusual idea for punishing Americans for Trump's trade war.

The idea involves blocking American's access to the Canadian-owned Pornhub, which remains the most visited website in the entire country.

It was first proposed by comedian Matthew Puzhitsky, who posted an Instagram video describing the website as "Canada's nuclear weapon."

"If Canada could ban Pornhub in the states, we win the trade war," Puzhitsky told The New York Post.

"That's it. There is no trade war."

https://www.thegatewaypundit.com/2025/03/canadians-propose-punishing-americans-trumps-trade-war-blocking/
That will really punish Americans. Especially in Blue States.
Title: Re: Trump's across the board tariffs on Canada are mutually assured economic suicide
Post by: . on March 16, 2025, 11:29:36 AM
Only for the novices who know nothing of proxies and VPNs. Hardcore coomers won't be impacted at all. Various red US states already limit access to that resource and others like it; geoblocking PornHub to those states will likely be applauded there,