Trump threatens immediate 25% tariffs on Canada

[rookiepilot]

Big if true. Or should say, if he follows through.

https://www.forexlive.com/news/trump-th ... -20241125/

[Barn-stormer]

TRUMP is cleaning house, and we love it. Get on board and dump prime minister Black Face or get the hell out of the way.

[pelmet]

Negotiating threat. The good news for Canadians is that he could use this threat to get what I was hoping for years ago and would actually benefit Canadians.......the end of the dairy cartel.

[cdnavater]

TRUMP is cleaning house, and we love it. Get on board and dump prime minister Black Face or get the hell out of the way.

You know that Trump’s tarrifs are going to push inflation in the US even higher right?
The effect is imported goods to the US will cost more, it’s not like you can turn off the tap, the imports will still flow. It will incentivize home grown production but will also raise domestic prices for the same goods, producers will capitalize on a higher Canadian price by raising their own and the US citizens will suffer.
I’m sure we can find other countries who want our products, time to extract ourselves from the whim of our shitty neighbour!

[rookiepilot]

TRUMP is cleaning house, and we love it. Get on board and dump prime minister Black Face or get the hell out of the way.

You know that Trump’s tarrifs are going to push inflation in the US even higher right?
The effect is imported goods to the US will cost more, it’s not like you can turn off the tap, the imports will still flow. It will incentivize home grown production but will also raise domestic prices for the same goods, producers will capitalize on a higher Canadian price by raising their own and the US citizens will suffer.
I’m sure we can find other countries who want our products, time to extract ourselves from the whim of our shitty neighbour!

Typical entitled comment.

It’s us who are the shitty neighbour to them. In so many ways Canada does not pull its weight and leeches off of the US, in military spending for starters.

Not their problem we hate entrepreneurs so much we have never developed new markets. Not that we make anything anyway, other than being an auto supplier to US companies.

They don’t owe us ANYTHING.

Want a friend, be a friend. Try learning that phrase.

Do carry on.

[Barn-stormer]

I live in the US. I would be happy to pay a little more for something made in North America. If Mexico and Canada are on the same page as Trump and the US, everyone in North America will benefit.

[JustaCanadian]

Liberals going to hate trump for being America first.

If only we in Canada could vote for someone who puts Canadians first. Instead we have the most inflationary policy and vote buying BS. Carbon tax, income taxes, HST. We are way over taxed and now JT is going to give us back $250 of the thousands we pay in taxes.

Canadians didn't elect Trump, he doesn't work for Canadians, he works for Americans. He is doing his job. Trump is out there making things better for Americans, meanwhile freeland in Canada is saying the 2 month GST holiday is meant to takle the "vibecession". You get what you vote for.

[Barn-stormer]

TRUMP is cleaning house, and we love it. Get on board and dump prime minister Black Face or get the hell out of the way.

You know that Trump’s tarrifs are going to push inflation in the US even higher right?
The effect is imported goods to the US will cost more, it’s not like you can turn off the tap, the imports will still flow. It will incentivize home grown production but will also raise domestic prices for the same goods, producers will capitalize on a higher Canadian price by raising their own and the US citizens will suffer.
I’m sure we can find other countries who want our products, time to extract ourselves from the whim of our shitty neighbour!

Wrong. The market is already going crazy. Gas prices are dropping. I pay $2.60 for a gallon of gas, down 40 cents in 3 weeks. What do you pay, eh?

[cdnavater]

I live in the US. I would be happy to pay a little more for something made in North America. If Mexico and Canada are on the same page as Trump and the US, everyone in North America will benefit.

Good luck with that, the problem with Trump’s supporters, they don’t seem to have a brain cell between them!

https://taxfoundation.org/blog/trump-ta ... t-economy/

“That brings us to Trump’s proposals. A dozen macroeconomic estimates have taken different approaches to analyzing Trump’s proposed tariffs, from estimating the fall in aggregate demand arising from the tax hikes to using various trade models to our work at Tax Foundation estimating the effects of the tax increase on labor. All studies consistently find that Trump’s proposed tariffs would have a negative impact on the United States economy.
The modeling highlights another major downside of imposing tariffs—the geopolitical pressure exerted on foreign governments to respond with retaliatory tariffs. When foreign governments impose taxes on US exports, it reduces how much US producers sell abroad, lowering incomes and shrinking output further. Most private forecasts of the effects of US-imposed tariffs model the impact with retaliation, ranging from tit-for-tat to more targeted responses. Estimates from Warwick McKibbin et al. of the Peterson Institution for International Economics suggest retaliation could more than double the economic losses from US-imposed tariffs“

[cdnavater]

TRUMP is cleaning house, and we love it. Get on board and dump prime minister Black Face or get the hell out of the way.

You know that Trump’s tarrifs are going to push inflation in the US even higher right?
The effect is imported goods to the US will cost more, it’s not like you can turn off the tap, the imports will still flow. It will incentivize home grown production but will also raise domestic prices for the same goods, producers will capitalize on a higher Canadian price by raising their own and the US citizens will suffer.
I’m sure we can find other countries who want our products, time to extract ourselves from the whim of our shitty neighbour!

Wrong. The market is already going crazy. Gas prices are dropping. I pay $2.60 for a gallon of gas, down 40 cents in 3 weeks. What do you pay, eh?

So, in your mind the threat of tariffs have brought fuel prices down, jeesuus! You should probably do some reading, you seem a little ignorant on the subject!
My guess, your fuel has come down due to your dollar increasing but the honeymoon of Trump will wear off and the Americans will likely feel it worse than the countries slapped with the tariffs but don’t believe me, believe the economists who know this shit!
We can agree on something though,Trudeau needs to go!

https://www.cbc.ca/news/world/trump-tar ... -1.7393160

“What's unclear is how this tariff threat squares with one of Trump's major campaign promises: to lower the cost of living in general for Americans, and the cost of gas in particular.

Oil is Canada's No. 1 export to the United States. A 25 per cent levy on oil would present a challenge to that seminal election promise.”

[cjp]

Gas prices are going down due to over supply, and electing a pro-oil President. More oil drilling + more future supply = lower prices. Market is reacting to that, not tarrifs. Tarrifs introduce instability - generally downward pressure on the market. Tarrifs are a short term threat, and are not overly effective - essentially poor business practice. They are almost always met with dollar for dollar retalitory tarrifs.

Trump isn't the smartest, but he is the most aggressive. He fails upward continuously. For that he is feared. Here comes 4 years of riding the Trump coaster, of which my only hope is he can hopefully inject energy into the market and economy. Yes it means there will be more financial inequity, as more billionaires turn into trillionaires, but at least it will be anything but boring.

[TeePeeCreeper]

Negotiating threat. The good news for Canadians is that he could use this threat to get what I was hoping for years ago and would actually benefit Canadians.......the end of the dairy cartel.

I wholeheartedly agree. Their lobbying group must be powerful when CBSA restricts cheese/dairy exemptions from the US to a paltry sum of $20.00 CAD. Did you know that the most smuggled item from the US to Canada isn’t guns or drugs… it’s freaking cheese!

Let’s only hope that our biggest training partner is bluffing and this is part of Donald’s “The art of the deal”. I can only assume that we’ll see a similar threat (oups it happened already) when it comes to our NATO obligations.

Take care,

TPC

[oldncold]

Well we might get a military that is not the butt of jokes at comedy clubs across canada due to obsolence of equipment.

fast fact 1968 net national debt 18 billion today 1 35trillion. the socialist hordes delivered a usa. Standard of living with 1/10th the population tax base. they just refused to say how we are supposed to pay for it. Glad trump is forcing the hand to pay up

This is why our dollar is continually in the toilet compared to usa. High national debt never paying it down ( jim flarity, n paul martin ) exceptions. N high gas , food , n building material . Inflation. Hits yu gen z n millenials
the interest on our net debt exceeds the military budget . Our country is breaking under the weight of the debt. Socializm is not free. Flower power n peace love is a fantasy.

[CpnCrunch]

Well we might get a military that is not the butt of jokes at comedy clubs across canada due to obsolence of equipment.

fast fact 1968 net national debt 18 billion today 1 35trillion. the socialist hordes delivered a usa. Standard of living with 1/10th the population tax base. they just refused to say how we are supposed to pay for it. Glad trump is forcing the hand to pay up

This is why our dollar is continually in the toilet compared to usa. High national debt never paying it down ( jim flarity, n paul martin ) exceptions. N high gas , food , n building material . Inflation. Hits yu gen z n millenials
the interest on our net debt exceeds the military budget . Our country is breaking under the weight of the debt. Socializm is not free. Flower power n peace love is a fantasy.

Canada's public debt is 107% GDP, whereas the USA's is 122% and Trump's policies seem certain to increase that. Yeah, he's hired Musk to help balance the budget, but he's as likely to do that as to make shxitter turn a profit. Not defending Canada's debt either: it urgently needs to be reduced as well.

[altiplano]

TDS alive and well.

The tariff threat is an opening position to secure a better deal for the US. That's his job. And hopefully he snap a other countries to action, particularly our own which is extremely derelict in achieving or producing anything and meeting our commitments to our allies and our citizens.

When we get a new government next year we will reset the relationship with Trump and the US and find a new direction. We are going to get back to the real priorities of Canadian families, toss all this woke nonsense and steer back onto the track of just how great this country can be.

[‘Bob’]

TDS alive and well.

The tariff threat is an opening position to secure a better deal for the US. That's his job. And hopefully he snap a other countries to action, particularly our own which is extremely derelict in achieving or producing anything and meeting our commitments to our allies and our citizens.

When we get a new government next year we will reset the relationship with Trump and the US and find a new direction. We are going to get back to the real priorities of Canadian families, toss all this woke nonsense and steer back onto the track of just how great this country can be.

Haha. TRUDEAU Derangement Syndrome is alive and well.

Yeah.. I can’t wait for a dollar back in the toilet again, legislated back to work, TFWs, a roller coaster oil economy, borrow and spend, and for us to follow the US into more jingoistic invasions the blowback of which literally had our last PM hiding in a closet.

As for defence, the US needs us a lot more than we need them. Canada exiting NATO or NORAD would probably topple their government. They owe us for the political and economic hegemony they’ve enacted on us for the last century. The US would be crippled and fractured without our water, electricity, resources, airspace, and sea lanes.

[Inverted2]

The Turds days are numbered. He’s turning into diarrhea as we speak. Trump is gonna mop the floor with him. He’s fiddling while Rome (Montreal burns). Took the government jet to see Tay Tay in Toronto the other night (on the taxpayers dime) while Palestinian terrorists rioted in Montreal.

[newlygrounded]

The Turds days are numbered. He’s turning into diarrhea as we speak. Trump is gonna mop the floor with him. He’s fiddling while Rome (Montreal burns). Took the government jet to see Tay Tay in Toronto the other night (on the taxpayers dime) while Palestinian terrorists rioted in Montreal.

As much as I hate him ya'll will make up any reason to be mad at the guy!

[Old fella]

Similar threats were directed our way 1967/68, we were told to get with it or else. Turbulent times no doubt on their front but we shrugged it off.

[khedrei]

TDS alive and well.

The tariff threat is an opening position to secure a better deal for the US. That's his job. And hopefully he snap a other countries to action, particularly our own which is extremely derelict in achieving or producing anything and meeting our commitments to our allies and our citizens.

When we get a new government next year we will reset the relationship with Trump and the US and find a new direction. We are going to get back to the real priorities of Canadian families, toss all this woke nonsense and steer back onto the track of just how great this country can be.

Haha. TRUDEAU Derangement Syndrome is alive and well.

Yeah.. I can’t wait for a dollar back in the toilet again, legislated back to work, TFWs, a roller coaster oil economy, borrow and spend, and for us to follow the US into more jingoistic invasions the blowback of which literally had our last PM hiding in a closet.

As for defence, the US needs us a lot more than we need them. Canada exiting NATO or NORAD would probably topple their government. They owe us for the political and economic hegemony they’ve enacted on us for the last century. The US would be crippled and fractured without our water, electricity, resources, airspace, and sea lanes.

The US needs us more than we need them?

That's about the funniest thing I've read all day. And I read a dooozy in my work inbox today.

Thanks for the laugh Bob.

[khedrei]

The Turds days are numbered. He’s turning into diarrhea as we speak. Trump is gonna mop the floor with him. He’s fiddling while Rome (Montreal burns). Took the government jet to see Tay Tay in Toronto the other night (on the taxpayers dime) while Palestinian terrorists rioted in Montreal.

As much as I hate him ya'll will make up any reason to be mad at the guy!

No one needs to make up reasons. They are everywhere, all day, every day. Him taking selfies and exchanging friendship bracelets with 13 year old girls with jet fuel paid on the taxpayers dime while the country continues to sink further into disaster territory seems like a pretty legitimate reason to hate him. I've never seen any other world leader behave in the childish, virtue signaling way this guy does.

I mean maybe Trump... but slightly different. He's mainly a blow hard.

[SpyPilot]

And this has just what do with aviation?

[pelmet]

TDS alive and well.

The tariff threat is an opening position to secure a better deal for the US. That's his job. And hopefully he snap a other countries to action, particularly our own which is extremely derelict in achieving or producing anything and meeting our commitments to our allies and our citizens.

When we get a new government next year we will reset the relationship with Trump and the US and find a new direction. We are going to get back to the real priorities of Canadian families, toss all this woke nonsense and steer back onto the track of just how great this country can be.

Haha. TRUDEAU Derangement Syndrome is alive and well.

Yeah.. I can’t wait for a dollar back in the toilet again, legislated back to work, TFWs, a roller coaster oil economy, borrow and spend, and for us to follow the US into more jingoistic invasions the blowback of which literally had our last PM hiding in a closet. Borrow and spend? WTF do you think is happening now after the deficit was finally reduced to near zero after 20 years of more disciplined management to make up for the last group of incompetents who saddled us with massive debt and high taxes.

Do people even think before they come to conclusions. The oil industry is around 10% of our GDP. When Harper was in power, our dollar was actually above the US dollar now. We have unions representing a thousandth of the population that literally try to cause massive damage to the economy a with port strikes, and they criticize someone for running into a closet when there is a guy with a gun trying to kill him as if this idiot Bob would have been confronting a shooter with his bare hands(and the leader always does get special protection, whether it is Trudeau, Trump, or Harper).

You represent so much of the destructive culture of this country with your lack of rational thought capability.

To be honest, its pathetic. The arguments are pathetic and laced with outright lies.

[Jet Jockey]

GM and Ford have now said that if Trump goes ahead with a 25% increase in tariffs on steel that cars made in the USA and sold to Americans will go up on average by $3000. That’s just the start of things to come for Americans… So how is that helping the American people?

[Jet Jockey]

Duplicate… deleted.