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The New Coffee Room

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  3. Canadian Tariff situation gets its own thread

Canadian Tariff situation gets its own thread

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  • jon-nycJ jon-nyc

    I think this does answer the question about whether Trump believes his own shit about tariffs.

    As Scott Lincicome from Cato Institute says, if Canadian producers will pay the tariffs, why reduce the ones on energy to 10%?

    jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote on last edited by
    #42

    @jon-nyc said in Canadian Tariff situation gets its own thread:

    I think this does answer the question about whether Trump believes his own shit about tariffs.

    As Scott Lincicome from Cato Institute says, if Canadian producers will pay the tariffs, why reduce the ones on energy to 10%?

    IMG_2687.jpeg

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    RenaudaR 1 Reply Last reply
    • jon-nycJ jon-nyc

      @jon-nyc said in Canadian Tariff situation gets its own thread:

      I think this does answer the question about whether Trump believes his own shit about tariffs.

      As Scott Lincicome from Cato Institute says, if Canadian producers will pay the tariffs, why reduce the ones on energy to 10%?

      IMG_2687.jpeg

      RenaudaR Offline
      RenaudaR Offline
      Renauda
      wrote on last edited by Renauda
      #43

      @jon-nyc

      As Scott Lincicome from Cato Institute says, if Canadian producers will pay the tariffs, why reduce the ones on energy to 10%?

      One reason could be the fact that 69% of Canadian oil and gas energy stocks are held by Americans.

      Am sure there are others

      In the meantime here is an 11 minute BBC interview with Mark Carney, former Governor of the Bank of England and Bank of Canada and likely successor to Trudeau next month. This man is no fool and is not afraid to take on the WH bully:

      Link to video

      Elbows up!

      1 Reply Last reply
      • X Offline
        X Offline
        xenon
        wrote on last edited by
        #44

        This will be interesting.

        Complete destruction of trust for long term economic cooperation.

        Trump saw it work with China, with the decoupling after tariffs and Covid supply chain issues.

        Interesting that he’s using the same playbook on his “allies”

        jon-nycJ 1 Reply Last reply
        • kluursK Offline
          kluursK Offline
          kluurs
          wrote on last edited by
          #45

          image.png

          1 Reply Last reply
          • RenaudaR Renauda

            @jon-nyc

            Probably the best speech or national address Trudeau has made in his political career.

            Quite a feat, the country is rallying around the Trudeau government on this.

            To paraphrase Forrest Gump; And just like that, Canadians came to despise Donald Trump even more than Justin Trudeau.

            Doctor PhibesD Offline
            Doctor PhibesD Offline
            Doctor Phibes
            wrote on last edited by
            #46

            @Renauda said in Canadian Tariff situation gets its own thread:

            Quite a feat, the country is rallying around the Trudeau government on this.

            Is there anything Trump can't do?

            I was only joking

            1 Reply Last reply
            • X xenon

              This will be interesting.

              Complete destruction of trust for long term economic cooperation.

              Trump saw it work with China, with the decoupling after tariffs and Covid supply chain issues.

              Interesting that he’s using the same playbook on his “allies”

              jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote on last edited by
              #47

              @xenon said in Canadian Tariff situation gets its own thread:

              This will be interesting.

              Complete destruction of trust for long term economic cooperation.

              I’m old enough to remember when ‘business hates uncertainty’ was a common GOP refrain.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              1 Reply Last reply
              • jon-nycJ Offline
                jon-nycJ Offline
                jon-nyc
                wrote on last edited by
                #48

                If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                kluursK LuFins DadL RenaudaR 3 Replies Last reply
                • jon-nycJ jon-nyc

                  If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                  kluursK Offline
                  kluursK Offline
                  kluurs
                  wrote on last edited by
                  #49

                  @jon-nyc said in Canadian Tariff situation gets its own thread:

                  If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                  I remember when Trump threatened Amazon with increased postal costs. At the time, over 80% of the deliveries in our area were via USPS. Now, 100% of them are by Amazon.

                  JollyJ LuFins DadL 2 Replies Last reply
                  • kluursK Offline
                    kluursK Offline
                    kluurs
                    wrote on last edited by
                    #50

                    And if Trump gets the Keystone XL built, that will mean more exports to world markets.

                    RenaudaR 1 Reply Last reply
                    • jon-nycJ jon-nyc

                      If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                      LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote on last edited by
                      #51

                      @jon-nyc said in Canadian Tariff situation gets its own thread:

                      If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                      If this doesn’t resolve itself within 4 weeks, sure.

                      The Brad

                      jon-nycJ 1 Reply Last reply
                      • jon-nycJ jon-nyc

                        If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                        RenaudaR Offline
                        RenaudaR Offline
                        Renauda
                        wrote on last edited by
                        #52

                        @jon-nyc said in Canadian Tariff situation gets its own thread:

                        If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                        And Atlantic ports. There’s also Hudson Bay for six month’s of the year, maybe more with climate change and global warming.

                        Elbows up!

                        1 Reply Last reply
                        • jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote on last edited by jon-nyc
                          #53

                          Even if it does. Why stay exposed to the next petty tyrant?

                          It’s not like his base is against this. They’re watching fox with one hand in their pants and the other in their bag of potato chips. This could happen again post Trump.

                          Only non-witches get due process.

                          • Cotton Mather, Salem Massachusetts, 1692
                          JollyJ 1 Reply Last reply
                          • kluursK kluurs

                            And if Trump gets the Keystone XL built, that will mean more exports to world markets.

                            RenaudaR Offline
                            RenaudaR Offline
                            Renauda
                            wrote on last edited by Renauda
                            #54

                            @kluurs said in Canadian Tariff situation gets its own thread:

                            And if Trump gets the Keystone XL built, that will mean more exports to world markets.

                            And what if he does but won’t be able to tie into the line we built to the border? Pipeline is useless without product to ship.

                            Elbows up!

                            1 Reply Last reply
                            • LuFins DadL LuFins Dad

                              @jon-nyc said in Canadian Tariff situation gets its own thread:

                              If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                              If this doesn’t resolve itself within 4 weeks, sure.

                              jon-nycJ Offline
                              jon-nycJ Offline
                              jon-nyc
                              wrote on last edited by jon-nyc
                              #55

                              @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                              @jon-nyc said in Canadian Tariff situation gets its own thread:

                              If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                              If this doesn’t resolve itself within 4 weeks, sure.

                              Trump doesn’t want to resolve it. It’s pretty clear from his comments that fentanyl is there for the legal justification but autarky is the goal. Though at some point markets and inflation will force his hand.

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              LuFins DadL kluursK RenaudaR 3 Replies Last reply
                              • jon-nycJ jon-nyc

                                @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                                @jon-nyc said in Canadian Tariff situation gets its own thread:

                                If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                                If this doesn’t resolve itself within 4 weeks, sure.

                                Trump doesn’t want to resolve it. It’s pretty clear from his comments that fentanyl is there for the legal justification but autarky is the goal. Though at some point markets and inflation will force his hand.

                                LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by
                                #56

                                @jon-nyc said in Canadian Tariff situation gets its own thread:

                                @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                                @jon-nyc said in Canadian Tariff situation gets its own thread:

                                If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                                If this doesn’t resolve itself within 4 weeks, sure.

                                Trump doesn’t want to resolve it though events may force his hand. It’s pretty clear from his comments that fentanyl is there for the legal justification but autarky is the goal. Though at some point markets and inflation will force his hand.

                                As I mentioned in another thread. Trump has no compunction against pivoting and moving to a more market friendly position if he sees the tide turning against him…

                                He lacks the courage of his convictions at times. Feel free to make all the jokes that you would like out of that.

                                The Brad

                                1 Reply Last reply
                                • jon-nycJ jon-nyc

                                  @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                                  @jon-nyc said in Canadian Tariff situation gets its own thread:

                                  If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                                  If this doesn’t resolve itself within 4 weeks, sure.

                                  Trump doesn’t want to resolve it. It’s pretty clear from his comments that fentanyl is there for the legal justification but autarky is the goal. Though at some point markets and inflation will force his hand.

                                  kluursK Offline
                                  kluursK Offline
                                  kluurs
                                  wrote on last edited by kluurs
                                  #57

                                  @jon-nyc said in Canadian Tariff situation gets its own thread:
                                  Though at some point markets and inflation will force his hand.

                                  I think folks would forgive prices not decreasing - but increasing prices? - not so much especially when the layoffs come - so the twin pincers of higher prices and increased unemployment might shake even some of the faithful. Follow that with a stock market decline...

                                  kluursK HoraceH 2 Replies Last reply
                                  • kluursK kluurs

                                    @jon-nyc said in Canadian Tariff situation gets its own thread:
                                    Though at some point markets and inflation will force his hand.

                                    I think folks would forgive prices not decreasing - but increasing prices? - not so much especially when the layoffs come - so the twin pincers of higher prices and increased unemployment might shake even some of the faithful. Follow that with a stock market decline...

                                    kluursK Offline
                                    kluursK Offline
                                    kluurs
                                    wrote on last edited by
                                    #58

                                    @kluurs said in Canadian Tariff situation gets its own thread:

                                    @jon-nyc said in Canadian Tariff situation gets its own thread:
                                    Though at some point markets and inflation will force his hand.

                                    I think folks would forgive prices not decreasing - but increasing prices? - not so much especially when the layoffs come - so the twin pincers of higher prices and increased unemployment might shake even some of the faithful. Follow that with a stock market decline... This Presidency, he can nuke the hurricanes with no one stopping him.

                                    1 Reply Last reply
                                    • kluursK kluurs

                                      @jon-nyc said in Canadian Tariff situation gets its own thread:
                                      Though at some point markets and inflation will force his hand.

                                      I think folks would forgive prices not decreasing - but increasing prices? - not so much especially when the layoffs come - so the twin pincers of higher prices and increased unemployment might shake even some of the faithful. Follow that with a stock market decline...

                                      HoraceH Offline
                                      HoraceH Offline
                                      Horace
                                      wrote on last edited by
                                      #59

                                      @kluurs said in Canadian Tariff situation gets its own thread:

                                      @jon-nyc said in Canadian Tariff situation gets its own thread:
                                      Though at some point markets and inflation will force his hand.

                                      I think folks would forgive prices not decreasing - but increasing prices? - not so much especially when the layoffs come - so the twin pincers of higher prices and increased unemployment might shake even some of the faithful. Follow that with a stock market decline...

                                      His winning margin wasn't from the faithful, it was from swing voters who voted for a better economy. Maga is toast if this stuff all backfires in ways they feel.

                                      Education is extremely important.

                                      1 Reply Last reply
                                      • kluursK Offline
                                        kluursK Offline
                                        kluurs
                                        wrote on last edited by
                                        #60

                                        Swing folks are already scared.

                                        1 Reply Last reply
                                        • jon-nycJ jon-nyc

                                          @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                                          @jon-nyc said in Canadian Tariff situation gets its own thread:

                                          If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?

                                          If this doesn’t resolve itself within 4 weeks, sure.

                                          Trump doesn’t want to resolve it. It’s pretty clear from his comments that fentanyl is there for the legal justification but autarky is the goal. Though at some point markets and inflation will force his hand.

                                          RenaudaR Offline
                                          RenaudaR Offline
                                          Renauda
                                          wrote on last edited by Renauda
                                          #61

                                          @jon-nyc

                                          Trump doesn’t want to resolve it. It’s pretty clear from his comments that fentanyl is there for the legal justification but autarky is the goal.

                                          Autarky. An interesting and, for me at least, a disconcerting thought. The US would need unfettered sovereign access to a multitude of natural resources including fresh water to attain that goal.

                                          Contrary to what John Bolton has said that Trump is incapable of a grand strategy, I cannot entirely rule out that a malevolent and imperialist design is what motivates Trump’s thinking.

                                          Elbows up!

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