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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Canadian Tariff situation gets its own thread

Canadian Tariff situation gets its own thread

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  • X xenon

    https://finance.yahoo.com/news/trump-announces-25-tariffs-on-all-foreign-made-vehicles-213256123.html

    I can’t believe the GOP is letting this guy set fire to the economy. Pure incompetence.

    Let’s watch those BYD cars from
    China start getting some serious share around the world. (I think they cost as low as $13k and the new ones charge in 5 mins). Canada currently has a 100% tariff on them (following the US’s lead)

    Put aside all other topics. I can’t think of anything Harris would have done that’s even in the same universe as how stupid this is. And she’s incompetent too.

    89th8 Offline
    89th8 Offline
    89th
    wrote on last edited by
    #459

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

    https://finance.yahoo.com/news/trump-announces-25-tariffs-on-all-foreign-made-vehicles-213256123.html

    I can’t believe the GOP is letting this guy set fire to the economy. Pure incompetence.

    It really is remarkable. I wonder if the history books will remember this time for how the branches of government were tested in the scenario of: what would happen if the legislative majority was so scared to "check/balance" the executive branch out of fear of not being re-elected due to a loyalty-hungry President's wrath.

    Maybe the 2026 mid-terms will be a massive wake-up call similar to the 2018 blue wave (representatives and governorships).

    1 Reply Last reply
    • LuFins DadL LuFins Dad

      @89th said in Canadian Tariff situation gets its own thread:

      image.png

      That’s a little misleading. You also have to remember that not all oil is created equally. Most of our own refineries are set up to process “heavy” and “sour” crude oil, while most of the oil drilled in the US is lighter and sweeter. That’s a big part of the reason why we import so much oil even though we produce even more. The type we produce isn’t the type we are set up to process.

      JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #460

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

      @89th said in Canadian Tariff situation gets its own thread:

      image.png

      That’s a little misleading. You also have to remember that not all oil is created equally. Most of our own refineries are set up to process “heavy” and “sour” crude oil, while most of the oil drilled in the US is lighter and sweeter. That’s a big part of the reason why we import so much oil even though we produce even more. The type we produce isn’t the type we are set up to process.

      Anchor is up. Quality is said to be very good.

      https://www.chevron.com/newsroom/2024/q3/chevron-starts-production-at-anchor-with-industry-first-deepwater-technology

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

      1 Reply Last reply
      • RenaudaR Offline
        RenaudaR Offline
        Renauda
        wrote on last edited by Renauda
        #461

        Anchor is up. Quality is said to be very good.

        Distractor alert!

        Beauregard is seeking attention by proving once again he has nothing of consequence or value to say on the thread topic or discussion at hand.

        Elbows up!

        1 Reply Last reply
        • jon-nycJ Offline
          jon-nycJ Offline
          jon-nyc
          wrote on last edited by jon-nyc
          #462

          A bill to end the national emergency which is the pretense for trumps Canadian tariffs.

          So far a handful of Dems and Rand Paul have signed on.

          IMG_3870.png

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • RenaudaR Offline
            RenaudaR Offline
            Renauda
            wrote on last edited by
            #463

            Not surprised that Rand Paul put his name to it. I hope others will step up and show similar moral fibre.

            Elbows up!

            1 Reply Last reply
            • AxtremusA Away
              AxtremusA Away
              Axtremus
              wrote on last edited by
              #464
              This post is deleted!
              1 Reply Last reply
              • jon-nycJ Offline
                jon-nycJ Offline
                jon-nyc
                wrote on last edited by
                #465

                Advance summer flight bookings from Canada are down 70%.

                https://www.axios.com/2025/03/31/canada-us-travel

                Matt Yglesias jokes: For us to all have glorious futures doing labor-intensive manufacturing work once the sock factories are repatriated from Cambodia, people are first going to need to lose service sector jobs in hotels and such so the reduced tourism is good.

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • CopperC Offline
                  CopperC Offline
                  Copper
                  wrote on last edited by
                  #466

                  nice

                  RenaudaR 1 Reply Last reply
                  • CopperC Copper

                    nice

                    RenaudaR Offline
                    RenaudaR Offline
                    Renauda
                    wrote on last edited by
                    #467

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

                    nice

                    Hey Copperhead, you 5 cent piece of passive aggressive troll excrement, I get the impression you actually like taking elbows to the head.

                    Elbows up!

                    1 Reply Last reply
                    • jon-nycJ Offline
                      jon-nycJ Offline
                      jon-nyc
                      wrote on last edited by
                      #468

                      Imagine thinking fentanyl smugglers pay tariffs.

                      IMG_3891.jpeg

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      1 Reply Last reply
                      • Doctor PhibesD Offline
                        Doctor PhibesD Offline
                        Doctor Phibes
                        wrote on last edited by
                        #469

                        He's a chronic narcissist, cut him some slack.

                        I was only joking

                        1 Reply Last reply
                        • RenaudaR Offline
                          RenaudaR Offline
                          Renauda
                          wrote on last edited by
                          #470

                          Chronic? More like pathological.

                          Elbows up!

                          Doctor PhibesD 1 Reply Last reply
                          • RenaudaR Renauda

                            Chronic? More like pathological.

                            Doctor PhibesD Offline
                            Doctor PhibesD Offline
                            Doctor Phibes
                            wrote on last edited by
                            #471

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

                            Chronic? More like pathological.

                            Either way, he's neurologically divergent and allowances should be made in the name of diversity and equity.

                            I was only joking

                            RenaudaR 1 Reply Last reply
                            • Doctor PhibesD Doctor Phibes

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

                              Chronic? More like pathological.

                              Either way, he's neurologically divergent and allowances should be made in the name of diversity and equity.

                              RenaudaR Offline
                              RenaudaR Offline
                              Renauda
                              wrote on last edited by
                              #472

                              @Doctor-Phibes

                              So we’re being led to believe.

                              Elbows up!

                              1 Reply Last reply
                              • RenaudaR Offline
                                RenaudaR Offline
                                Renauda
                                wrote on last edited by
                                #473

                                Fact checking Trump’s allegations from yesterday:

                                "We subsidize a lot of countries and keep them going and keep them in business," Trump said. "In the case of Mexico, it's $300 billion. In the case of Canada, it's close to $200 billion a year."

                                According to the Office of the United States Trade Representative, The U.S. goods trade deficit with Canada was $63.3 billion in 2024, down from $64 billion in 2023. That's far less than Trump claimed on Wednesday.

                                https://www.cbc.ca/news/politics/fact-checking-donald-trump-s-claims-about-canada-in-his-global-tariff-speech-1.7500989

                                Elbows up!

                                1 Reply Last reply
                                • AxtremusA Away
                                  AxtremusA Away
                                  Axtremus
                                  wrote on last edited by
                                  #474

                                  https://www.reuters.com/world/us/us-senate-vote-protesting-trumps-tariff-moves-draws-some-republican-support-2025-04-02/

                                  US Senate passes bill aimed at stopping Trump tariffs on Canada

                                  Doesn't mean the House will take it up, of course.

                                  1 Reply Last reply
                                  • RenaudaR Offline
                                    RenaudaR Offline
                                    Renauda
                                    wrote on last edited by
                                    #475

                                    No one here is pinning any hope on it.

                                    We do however appreciate the symbolic gesture and will make note of which Republicans in particular supported it.

                                    Elbows up!

                                    1 Reply Last reply
                                    • RenaudaR Offline
                                      RenaudaR Offline
                                      Renauda
                                      wrote on last edited by Renauda
                                      #476

                                      Trump is at it again, campaigning for the Carney Liberals:

                                      "I'm really not trolling. Canada is an interesting case.…  I say the only way this thing really works is for Canada to become a state."

                                      https://www.cbc.ca/news/world/trump-time-interview-analysis-1.7519086

                                      And just like that, Donald Trump single handedly defeated the Conservative Party of Canada causing it, for the fourth time in nine years, to implode on itself and eat yet another, of its leaders.

                                      Six months ago it was the Trudeau Liberal Party irretrievably heading into the rubbish bin and political wilderness. Donald Trump changed that with his uncontrollable flapping Yankee (in Canadian dialect that means -fucking Yank) populist tongue; his very nemesis of the North, the Liberal Party of Canada are about to hold parliament and form a majority government.

                                      Elbows up!

                                      1 Reply Last reply
                                      • taiwan_girlT Offline
                                        taiwan_girlT Offline
                                        taiwan_girl
                                        wrote on last edited by
                                        #477

                                        @blondie @Renauda @xenon What is the mood/thoughts on the election today?

                                        RenaudaR 1 Reply Last reply
                                        • taiwan_girlT taiwan_girl

                                          This thread is as good a place as any to post this

                                          Sen. Chuck Grassley (R-Iowa) on Monday asked President Trump for an exemption for farmers on the sweeping tariffs he imposed over the weekend.

                                          Why it matters: Republican lawmakers from agricultural states may find themselves in a tough spot as they try to avoid going against their party leader, while still protecting their constituents.

                                          American Farm Bureau President Zippy Duvall said in a statement over the weekend that "farmers and rural communities will bear the brunt of retaliation" from the tariffs.

                                          https://www.axios.com/2025/02/03/grassley-trump-tariffs-congress-farm-states

                                          taiwan_girlT Offline
                                          taiwan_girlT Offline
                                          taiwan_girl
                                          wrote on last edited by
                                          #478

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

                                          This thread is as good a place as any to post this

                                          Sen. Chuck Grassley (R-Iowa) on Monday asked President Trump for an exemption for farmers on the sweeping tariffs he imposed over the weekend.

                                          Why it matters: Republican lawmakers from agricultural states may find themselves in a tough spot as they try to avoid going against their party leader, while still protecting their constituents.

                                          American Farm Bureau President Zippy Duvall said in a statement over the weekend that "farmers and rural communities will bear the brunt of retaliation" from the tariffs.

                                          https://www.axios.com/2025/02/03/grassley-trump-tariffs-congress-farm-states

                                          Follow up to the above from a couple of months ago:

                                          President Trump is prepared to bail out American farmers if the trade war continues squeezing commodity exports, Agriculture Secretary Brooke Rollins said Sunday.

                                          Why it matters: Exports of key commodities are plunging, particularly soybean and pork sales to China, threatening tens of billions of dollars in farm income.
                                          What they're saying: "First of all, the prayer is that that doesn't need to happen — but secondly, if it does, for the short term, just as in Trump 1, we are preparing for that," Rollins told CNN's "State of the Union" on Sunday.

                                          Catch up quick: In Trump's first term, amid a smaller trade war with China, the government rolled out tens of billions of dollars in farm subsidies.

                                          Those bailouts, collectively, ended up being so large that they almost equaled the tariff revenue generated.

                                          The intrigue: Agriculture consultants and economists tell Axios that farmers don't necessarily want bailouts — they want trade certainty so they can harvest and sell their crops.

                                          "Trade aid isn't going to be farmers' first choice for a solution of all this, farmers prefer to earn their money from the markets," American Soybean Association economist Jacquie Holland said this week.

                                          The bottom line: Rollins said it would probably be a few months before any need for aid was evident.

                                          "I don't think we're going to need it, but if we do, it will be there," she said.

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