What is the purpose of tariffs on Canada?



There is no set tariff on any of those goods like the video is showing, rather how tariffs work under the USMCA is they allow the importing country to impose tariffs and keeping raising them ONLY if the agreed upon quota for that particular good is exceeded. The US can also do the same if a quota is exceeded. To say, that Canada has such and such tariff amount on this good, and that good, is incorrect, and falls under the category of disinformation. If Trump imposes a set tariff on any good coming from canada that does not exceed the agreed upon quota, then he is in violation of his own agreement.
 
How do you know?

There is no trade imbalance that would incur a 35 trillion deficit within a few years. That is impossible. Trade imbalances happen because we buy more stuff than we export, but the goods have been paid for by companies and will eventually be paid for again by consumers. Most large government deficits happen when there is uncontrolled spending, which typically happens when there's a war, or if there is a big tax cut. That's why Trump added 8.4t all on his own, during his first term. If he renews the tax cuts for the rich, that will add another 4.7t.
 
The tariffs are a gamble. Let's see how it works out. What Canada wants is maintaining a pristine environment, low population growth, but high income for its people and government, at the expense of its trading partners.

A gamble to what end though?
 
Macroeconomics the type of tariff that Trump is doing (wide ranaging without industry specific purpose) will hurt both economies..
Trump has demonstrated repeatedly that he doesn't know shit about macroeconomics.

This is a fucking flaming mess, just like everything else he touches. But now the whole world sees, and they've changed their minds about America.

7HvFMK1.jpg
 
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There is no trade imbalance that would incur a 35 trillion deficit within a few years. That is impossible. Trade imbalances happen because we buy more stuff than we export, but the goods have been paid for by companies and will eventually be paid for again by consumers. Most large government deficits happen when there is uncontrolled spending, which typically happens when there's a war, or if there is a big tax cut. That's why Trump added 8.4t all on his own, during his first term. If he renews the tax cuts for the rich, that will add another 4.7t.
actually, deficits happen only building government jobs. You know that hiring someone in government is a net loss to the country, right? How many jobs did xiden add? most were, wait for it,..... government jobs.
 
Trump has demonstrated repeatedly that he doesn't know shit about macroeconomics.

This is a fucking flaming mess, just like everything else he touches. But now the whole world sees, and they've changed their minds about America.

7HvFMK1.jpg
the art of the deal. read it.
 
Please tell us what the Tariffs on Canada are meant to achieve?
So lets say it is going to cost $450 per household per year
If a household doesn't need those products it doesn't cost shit.
what it's target?
no fentanyl across the canadian border into the US.
What metric will signify success?
no fentanyl across the northern border, or southern one.
Note:
There is barely any fentanyl that comes across the border.

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So maybe it is the trade imbalance... I don't know what balancing this does... It doesn't benefit either side...

United States Imports from Canada was US$421.21 Billion​

View attachment 1086185

Canada Imports from United States was US$277.04 Billion​

View attachment 1086186

So if Canada stops exporting Oil, Gas and Aluminium to US then that could balance up...
I know some will say that would kill US refining industry and severely hurt US exports (of Refined Oil and Gas) but this has to be balanced if that is the goal.


So what is the aim of these tariffs?
stop fentanyl manufacturing.
 
Don't need to go look for anything. The Canadians put tariffs on American goods all the time. WE have always been the lowest tariff setting nation IN THE WORLD>>FOR EVER
All the president WAnts is a level playing field. Why do we have to enrich them at OUR EXPENSE. Stop yer whining babies.
How is it at our expense?

We have received lower cost goods for decades from trade. What would we have paid over that time in a protectionist economy?

Can you offer that estimate.
 
actually, deficits happen only building government jobs. You know that hiring someone in government is a net loss to the country, right? How many jobs did xiden add? most were, wait for it,..... government jobs.

Then we should just get rid of the government. Problem solved.
 
Please tell us what the Tariffs on Canada are meant to achieve?
So lets say it is going to cost $450 per household per year

what it's target?

What metric will signify success?

Note:
There is barely any fentanyl that comes across the border.

---------
So maybe it is the trade imbalance... I don't know what balancing this does... It doesn't benefit either side...

United States Imports from Canada was US$421.21 Billion​

View attachment 1086185

Canada Imports from United States was US$277.04 Billion​

View attachment 1086186

So if Canada stops exporting Oil, Gas and Aluminium to US then that could balance up...
I know some will say that would kill US refining industry and severely hurt US exports (of Refined Oil and Gas) but this has to be balanced if that is the goal.


So what is the aim of these tariffs?

Trump's ego...?
 
Trump is telling Canada they have to stop ripping us off and Canada is squealing like a stuck pig.
 
How many BILLIONS has Canada made by KILLING Americans with their illegal Fentanyl trafficking? With hundreds of thousands of DEAD Americans Canada is lucky we don't come up there and bomb the shit out of them!
 
How many BILLIONS has Canada made by KILLING Americans with their illegal Fentanyl trafficking? With hundreds of thousands of DEAD Americans Canada is lucky we don't come up there and bomb the shit out of them!
40lbs of Fentanyl in a year....

In a whole year that is this much
1741825894622.webp


Thats how much was got in a daycare center in NY....

This is 30lbs in one bag
1741826064188.webp


So you are going to have a trade war costing billions because enough drugs to fit in two carry on bags for a flight...
Wouldn't it be far more economical to spend a hundredth of that money helping Mexican police with training and tech surveillance?
Talk about waste...
 
Trump is telling Canada they have to stop ripping us off and Canada is squealing like a stuck pig.
How are Canada ripping US off?

Please explain....

I said in the OP they can eliminate the trade imbalance tomorrow by stop selling US Oil, Gas and Aluminium...

1741826451979.webp


I will say this Aluminium tax Trump is bringing in will really encourage recycling... It will be Trump's green tax, AOC couldn't have written this bit better...
 
40lbs of Fentanyl in a year....

In a whole year that is this much
View attachment 1088891

Thats how much was got in a daycare center in NY....

This is 30lbs in one bag
View attachment 1088894

So you are going to have a trade war costing billions because enough drugs to fit in two carry on bags for a flight...
Wouldn't it be far more economical to spend a hundredth of that money helping Mexican police with training and tech surveillance?
Talk about waste...
2:10 of the video, fact

 

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