Trump says 25 per cent tariffs coming for Canada on Saturday

[mudwhistle]

What Canadian products have you purchased lately?
I get cheese from New Zealand, not Canada.
There's a reason for that, too. Tariffs.

Is Canada Dry Ginger Ale from Canada?

 

[otto105]

You do not have a trade surplus with Canada. Do you just conveniently ignore resources such as oil and nickel in your calculations?

Your sharp tongue does not change the facts.

Setting the Record Straight on Canada-U.S. Trade.

 

[The Duke]

Yes, we pay in jobs, investment and massive loss of appeal for investors, mutual funds etc.

I can't think of any foreign country investing in Canada solely to access the Canadian market. Our proximity to the U.S and a free trade agreement prior to these new tariffs have always been the main draw.

Yeah, well, NAFTA was a big fuckover of the US written by H.W. Bush and enacted by Clinton.
We had 40 years or more of bad presidents.

 

[shockedcanadian]

Setting the Record Straight on Canada-U.S. Trade.

TD? That is a Canadian source.

In fact, America is the only country we have improved our profits on. The price of oil surely responsible for much of this.

Try this:

Canada’s Trade Surplus With US Widens Before Trump’s Return​

(Bloomberg) -- Canada’s trade surplus with the US widened as did its deficit with the rest of the world, underscoring the major role its biggest trading partner and southern neighbor plays in its economy.

The surplus with the US helped narrow the country’s overall deficit. In November, total imports exceeded exports for the ninth straight month, bringing the trade deficit to C$323 million ($226 million), down from C$544 million in October, Statistics Canada reported Tuesday.

Economists in a Bloomberg survey were expecting a C$900 million deficit that month.

Canada’s exports to the US rose 6.8% in November, while imports increased 4.1%. Canada’s trade surplus with the US widened to C$8.2 billion that month, driven by gold shipments, from C$6.6 billion in October. The US remains by far Canada’s largest trading partner, responsible for 76% of exports and 64% of imports.

 

[otto105]

Which will make GM move their factories back to America.


I know that hurts your feelings….for some reason…

Hilarious

You want to build a house...you will be paying the tariff.

BTW idiot, GM as will other US auto makers will just raise prices, and you will pay the tariff.

 

[otto105]

Yeah, well, NAFTA was a big fuckover of the US written by H.W. Bush and enacted by Clinton.
We had 40 years or more of bad presidents.

NAFTA was a republic push as it was championed by them thru the likes of Newter.

 

[theHawk]

Hilarious

You want to build a house...you will be paying the tariff.

BTW idiot, GM as will other US auto makers will just raise prices, and you will pay the tariff.

Read the above poste, I won’t pay any tariff because I won’t buy a new car made in Canada.

 

[The Duke]

Is Canada Dry Ginger Ale from Canada?

Most likely not.

Canada’s trade surplus with the US widened as did its deficit with the rest of the world

You could link that if you went to archive.ph and archived it.

 

[The Duke]

NAFTA was a republic push as it was championed by them thru the likes of Newter.

STFU

 

[theHawk]

NAFTA was a republic push as it was championed by them thru the likes of Newter.

Yup, the neocon globalist GOP morons that sold out this country to “free trade”.

Most neocons globalists have been purged out of the GOP thanks to President Trump and MAGA.

All the old GOP neocons and globolists have run over to the Democrat Party now, who push for “free trade” and no tariffs.

 

[otto105]

TD? That is a Canadian source.

In fact, America is the only country we have improved our profits on. The price of oil surely responsible for much of this.

Try this:

Canada’s Trade Surplus With US Widens Before Trump’s Return​

(Bloomberg) -- Canada’s trade surplus with the US widened as did its deficit with the rest of the world, underscoring the major role its biggest trading partner and southern neighbor plays in its economy.

The surplus with the US helped narrow the country’s overall deficit. In November, total imports exceeded exports for the ninth straight month, bringing the trade deficit to C$323 million ($226 million), down from C$544 million in October, Statistics Canada reported Tuesday.

Economists in a Bloomberg survey were expecting a C$900 million deficit that month.

Canada’s exports to the US rose 6.8% in November, while imports increased 4.1%. Canada’s trade surplus with the US widened to C$8.2 billion that month, driven by gold shipments, from C$6.6 billion in October. The US remains by far Canada’s largest trading partner, responsible for 76% of exports and 64% of imports.

• Remove Canadian energy exports from the equation and the trade story flips. Ex-energy, the U.S. enjoys a trade surplus with Canada of around C$60 (US$45 billion). (Chart 7)

Which is why Heil Shitler! has held off on gas and oil exports being tariffed so far.

 

[Hellokitty]

The supplying country does not pay the tariffs. The receiving country does.

You kids have only had this explained to you a hundred times or so. Try to keep up.

Right, it brings back supply to the US...

 

[otto105]

Right, it brings back supply to the US...

How?

 

[pknopp]

How?

The U.S. exports nearly as much into Canada as it imports from Canada. So Trump enacts tariffs which Canada enacts in return.

No one really wins anything. But it's not going to happen.

 

[Hellokitty]

How?

More parts will be manufactured in the US.

 

[otto105]

More parts will be manufactured in the US.

How?

 

[Hellokitty]

How?

Um, many companies have plants in Canada, US and Mexico. With a 25% tariff many will move/increase production to the US locations.

 

[otto105]

Um, many companies have plants in Canada, US and Mexico. With a 25% tariff many will move/increase production to the US locations.

How?

Moving auto parts production would require massive investment during a regime that blows in the wind.

 

[shockedcanadian]

Reagan was also big on tariffs against Japan to prktect industries as I've posted before here and elsewhere. We are going to retaliate with some tariffs too abainst the U.S I imagine but we cannot respond in the same manner because it would only hurt Canadian companies and consumers as we do not have the same number of business owners, risk takers and self sufficiency. We dont even have our own domestic auto industry ffs, we have more barriers to trade within provinces in Canada, heavily protectionist domestically as we wag a finger at other nations protectionism but domt practice as we preach, similar to our human righgs record. Ontario and Quebec in particular are in trouble, Canadas system is hurting due to the abuses by the S.I.C, particularly in the markerplace. A son of a cop kn Ontario works covertly in corporations and businesses due to some false pretense of "security". They happily destroy citizens lives, I may be homeless soon thanks to their evil efforts. This tariff may force Canada to realize "your abuses in the economy against your most driven citizens and foreign businesses will not work anymore". Canada will probably try to be industry specific but Americans dont care too much, and that is the REAL concern here, american indifference. I predicted this since 2005. Canadian authorities were fools for not allowing the free market to reign, instead they have their thumbs and the S.I.C in everyones business. Instead we didnt protect our turf against China, we didnt push back against Clinton when China was accepted into the WTO which prefaced The Wests decline and America specifically. Canada lost so much but to speak out against communism and China would put you on a Watch List in Canada in the early 2000s. Who.was right, guys like me or the MBA profs who laughed at my asertion that women should be encouraged to also be business owners? We now need many investors and risk takers but the best and brightest have left for greener, free-er pastures in America long ago.

 

[sealybobo]

Some key points here.

First, this was never about the Canadian border. I knew this from the beginning and even laughed at the assertion. Trump was looking for an immediate, path of least resistance as Canadian police use against their own citizens, the old "national security" excuse.

Now I assumed it might be just for negotiations of USMCA but then I realized that Trump figures he needs to raise funds from foreign nations importing into the U.S to address the massive debt America has, thus, any nation will be paying. He said so in Europe if anyone cared to actually listen, pay attention and read the tea leaves.

Any Canadian spooks on here pay attention to me screaming for a decade that the U.S MUST decrease their debt? Perhaps I was smart enough to realize that if America fails, not only does the West fail, but Canada will be forced to pay the price for the U.S being desperate if the risk of their debt overwhelms them. Perhaps...

Second, I kept hearing O'Leary say "read the signals not the words" which I felt was quite naive. The Canadian government and the province of Ontario spent billions more on the border, for what? To stop 4 or 5 clowns trying to sneak in? Maybe one dealer or two? Perhaps Canada felt they had an inroad through Homan, maybe even a greased palm or two. Trump is constantly playing chess and he has the most powerful pieces on the board.

Worse, it is a big deal that Americans are indifferent to Canada. We did this to ourselves over decades. We could have become more like an accountable Republic, instead, we remain the Constitutional Monarchy. Light on constitution, heavy on (unaccountable) monarchy.

They grossly underestimated Trump. In his wisdom he keeps his true thoughts close. It seemed clear to me he was going to hit Canada and Mexico. These tariffs, once on, will be difficult to replace and/or reduce, even for the next administration. Trump will basically say, "hey be happy you only pay 25%, this is a deal, otherwise we have to look at 50%".

Doug Ford was a tool from the beginning. A complete fool our of his league. Loudly acting like the covert cops he has funneled billions to, from the taxpayer and yelled "if Trump hits us with tariffs, we will cut off energy to Michigan"? Really? Your response to Trump tariffs isn't counter tariffs (which wont hurt America, we already know this) it is instead to go balls to the wall "war-like response"? He has G-d syndrome on false pretenses. Bullying weak citizens here isn't the same as going against Trump.

His authority of Ontario citizens is of no value when dealing with the U.S. He and his cop friends can bully the homeless and vulnerable, they are a flea on a dog when dealing with the U.S.

I am Canadian and I love what my country is SUPPOSED to be. What those men who died in the Second World War hoped our country might be one day. We have never achieved it.

My health not great, 30+ years stolen from me by the bullies and I can't help but say "I told you so". Since 2005 I warned Canada. Now the bullies, who like to smack around poor skinny kids and abuse them into their adulthood are now on the receiving end of a bigger, badder kid on the block in the form of Trump. It doesn't feel so good as they will now learn first hand.

Don't blame me, I'm just the Messenger. I guarantee you this though. For all of the intelligence of O'Leary and the Canadians who meet with Trump, I get Trumps approach better than most. It's a challenge, but at least I try to understand his position, his history and his intent. He's a Game Theorists and he has learned over time to keep his cards close and use his instincts. He's been talking about abuses of foreign nations for 40 years and tariffs were always in his playbook.

Canada could sure use all of the best minds we have pushed away for so many decades so that the S.I.C and their kids can play the role of a fake talented manager in a U.S corporation operating here.

My guess is he doesn't hit Canadian oil with a tariff, or hits it with a lower amount, say 10%. The auto industry will be investing in America now, Michigan is going to benefit I suspect.

MSN

WASHINGTON — U.S. President Donald Trump says he will decide Thursday night whether to include oil in his tariff plan as he confirmed his intention to impose devastating duties on Canadian imports on Saturday.

"Because they send us oil, we'll see," Trump told reporters while signing executive actions in the Oval Office Thursday afternoon.



"It depends on what the price is. If the oil is properly priced, if they treat us properly — which they don't."

Trump initially claimed his 25 per cent tariff threat was in response to what he called the failure by Canada and Mexico to curb the illegal flow of people and drugs across the border.

His complaints have since expanded far beyond border security. On Thursday, Trump repeated his objections to trade deficits with both countries.

This is going around facebook. I'm only a 7.