Canadian Tariff situation gets its own thread
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Industry experts say a vehicle made on the continent goes back and forth across borders a half dozen times or more, as companies source components and add value in the most cost-effective ways.
This is why the statement above about assembly lines going dark on both sides of the border probably isn’t hyperbole. If you add 25% tax on each of those part movements the car likely becomes uneconomic to build at all.
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This may be the reason?
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@Jolly said in Canadian Tariff situation gets its own thread:
This may be the reason?
Danielle Smith? You have got to be kidding. She probably sold the country out when she went to Mar-I-Lago. The woman is not only an idiot but a menace.
Of course look at the source, Rebel News. Lorne Gunter and Ezra Levant. Not to mention the resident water boy and gossip for the Trump camp.
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I logged back on to say this @Renauda. Rebel News. lol.
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Yeah. Rebel News. I don’t believe even Maxine Bernier* considers it a serious news source.
*Leader of the decidedly right wing conservative/libertarian party in Canada. The People’s Party of Canada.
A tenfold more accurate assessment of Danielle Smith in this battle is here:
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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-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%?
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@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%?
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 -
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”
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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.
@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?
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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”
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If you’re Canada do you have any choice but to invest in more pipelines to Pacific ports?
You were warned.
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@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.
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@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
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@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.
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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.
You were warned.
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@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.
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@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.
@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.
You were warned.
