Canada, Greenland, Mexico, etc - USA Tariffs / Trade War commencing March 2025 #4

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  • #261
Regulated equates to factually unbiased, not "publicly funded". Because journalism is unregulated in the USA, it is beyond comprehension that regulated, unbiassed, fact-based journalism exists in other countries. That's why it is so easy for people in the USA to believe Trump over Canadians regarding CBC news content.

"Editorial independence is a bedrock principle of CBC journalism.

Not only is CBC/Radio-Canada's editorial independence guaranteed under Canada's Broadcasting Act, but our journalism is subject to rigorous standards, to which we're held publicly accountable through an independent Ombudsman office.
...

While CBC/Radio-Canada is publicly funded through a parliamentary appropriation voted upon by all members of Parliament, the government has no — zero — involvement in our editorial content or journalism.

Tbh I am not sure that many here would agree that the BBC are not biased. Far from it in fact.
 
  • #262
So I was checking my Costco prescriptions. As I certainly expected, none are made in the US.

It looks like Costco buys it's drugs from Aurobindo, an Indian-based company with manufacturing plants in India, Brazil, and Portugal.

I wonder how Costco is going to deal with these tariffs. Are they going to have to go completely through their pharmacy formulary and have to assign 3 different prices to each Rx to comply with the tariff matrix: India 46%, Portugal 20%, Brazil 10%? Are they going to know exactly which plant in which country each Rx is manufactured in? I wonder how my insurance company is going to determine how much they pay for and how much I am now going to have to pay for. What a freakin' mess.

I also noticed that their pharmacy/ vitamin / cosmetics and toiletries aisle is now full of products that are labelled:

Distributed in the US from imported materials. Toothpaste, dental floss, shampoos, vitamins, cough medicines, etc etc etc.

If I were Costco's CEO I would be beyond furious.
This is what happens when people making decisions have no idea what money means, because they've always had plenty.

It's never been a more appropriate time for this:

1743790288702.webp


MOO
 
  • #263
Thinking that the "unbiased" news regulated by humans for human consumption in Canada reflects the Canadian point of view regarding the issue of lumber subsidies ie "They are not truly subsidies for reasons "A" and "B".
As said above, I understand that people subjected to unregulated, biassed, propaganda do not understand the concept of fact-based news. Propaganda that the USA gov't puts in the news is reported in Canadian news alongside fact-checking that reveals that information as propaganda. That is the difference between USA news and CBC.

The unjustified war on Canada would not be approved by anyone in the USA if they had the facts.

There is no news outlet in the USA that is required by law to abide by these principles:

"Accuracy
We seek out the truth in all matters of public interest. We invest our time and our skills to learn, understand and clearly explain the facts to our audience. The production techniques we use serve to present the content in a clear and accessible manner.

Fairness
In our information gathering and reporting, we treat individuals and organizations with openness and respect. We are mindful of their rights. We treat them even‑handedly.

Balance
We contribute to informed debate on issues that matter to Canadians by reflecting a diversity of opinion. Our content on all platforms presents a wide range of subject matter and views.

On issues of controversy, we ensure that divergent views are reflected respectfully, taking into account their relevance to the debate and how widely held these views are. We also ensure that they are represented over a reasonable period of time.

Impartiality
We provide professional judgment based on facts and expertise. We do not promote any particular point of view on matters of public debate.

Integrity
The trust of the public is our most valued asset. We avoid putting ourselves in real or potential conflict of interest. This is essential to our credibility."

 
  • #264
Thinking that the "unbiased" news regulated by humans for human consumption in Canada reflects the Canadian point of view regarding the issue of lumber subsidies ie "They are not truly subsidies for reasons "A" and "B".
No, the news media does not. No news media in Canada does that.

Reporters report on the news such as "there is a trade dispute" or "negotiations are underway". They don't go into the details of what each side claims because the public is not interested.

Some people's opinions are quoted in the media as statement such as "we are hopeful we can resolve this dispute".

Canadians understand what negotiations are. For example: there is a union, they want x. There is an employer, they want y. There is no "truth" in either position. The only "facts" are what the two sides come to agree on, and mostly it is reported on the news as "a settlement has been reached and the organization is back to business"

Canadians know when they are, and when they are not, personally at a negotiation table. If they are not, personally, in negotiation, then it's none of their business.

Canadians are out to get along with others, not rule the world. That's why we could never, ever be part of the US.
 
  • #265
People who've dealt with him have basically said there's no point trying to talk him round or negotiate with him. And these aren't randoms, they're former heads of state.

MOO

The power to set tariffs needs to be withdrawn from T's hands, and as soon as possible.
 
  • #266
FB_IMG_1743791004858.webp
saw this had to share .. Canada stands with the penguins flippers up
 
  • #267
  • #268
So I was checking my Costco prescriptions. As I certainly expected, none are made in the US.

It looks like Costco buys it's drugs from Aurobindo, an Indian-based company with manufacturing plants in India, Brazil, and Portugal.

I wonder how Costco is going to deal with these tariffs. Are they going to have to go completely through their pharmacy formulary and have to assign 3 different prices to each Rx to comply with the tariff matrix: India 46%, Portugal 20%, Brazil 10%? Are they going to know exactly which plant in which country each Rx is manufactured in? I wonder how my insurance company is going to determine how much they pay for and how much I am now going to have to pay for. What a freakin' mess.

I also noticed that their pharmacy/ vitamin / cosmetics and toiletries aisle is now full of products that are labelled:

Distributed in the US from imported materials. Toothpaste, dental floss, shampoos, vitamins, cough medicines, etc etc etc.

If I were Costco's CEO I would be beyond furious.
Isn't it up to US customs to decide what tarrif to apply? IMO, they'll apply the charge based on the origin of the shipment.

Every shipment arrives at a US port from a specific destination. A cargo ship or plane is loaded up in one destination and proceeds to a US port or airport, just like with passengers.

I suppose the drugmaker might have to ship the drugs to the cheapest location for shipping to the US. Easy to do with drugs, not so easy with bigger items...
 
  • #269
Some are trying.



More at the link above ...

Senior senators introduced new bipartisan legislation on Thursday seeking to claw back some of Congress’s power over tariffs after Donald Trump unveiled sweeping new import taxes and rattled the global economy with sweeping new import taxes.
The Trade Review Act of 2025, co-sponsored by Senator Chuck Grassley, a top Republican lawmaker from Iowa, a state heavily reliant on farm exports, and Senator Maria Cantwell, a Democrat from Washington, whose state shares a border with Canada, would require the president to notify Congress of new tariffs, and provide a justification for the action and an analysis on the potential impact on US businesses and consumers.

For the tariff to remain in effect, Congress would need to approve a joint resolution within 60 days. If Congress failed to give its consent within that timeframe, all new tariffs on imports would expire. The legislation would also allow Congress to terminate tariffs at any time through a resolution of disapproval.
 
  • #270
  • #271
Isn't it up to US customs to decide what tarrif to apply? IMO, they'll apply the charge based on the origin of the shipment.

Every shipment arrives at a US port from a specific destination. A cargo ship or plane is loaded up in one destination and proceeds to a US port or airport, just like with passengers.

I suppose the drugmaker might have to ship the drugs to the cheapest location for shipping to the US. Easy to do with drugs, not so easy with bigger items...

I think that is true. The tariff is determined at the port of entry of the product, be it an ocean port, an airport, or a land border.

I was listening to an interview with a woman who owned a small business selling knitting and home craft goods. She said she now has to try to calculate what she will have to pay at the shipping port her products enter into, to determine if she can be able to afford the next order. Her solution is to cut back her orders on everything, hoping that she can actually afford to receive the goods to sell.
 
  • #272
The power to set tariffs needs to be withdrawn from T's hands, and as soon as possible.
In theory he shouldn't have the power in the first place. It's just that the body that does under their constitution, Congress, has abdicted its responsibility to him.
 
  • #273
More at the link above ...

Senior senators introduced new bipartisan legislation on Thursday seeking to claw back some of Congress’s power over tariffs after Donald Trump unveiled sweeping new import taxes and rattled the global economy with sweeping new import taxes.
The Trade Review Act of 2025, co-sponsored by Senator Chuck Grassley, a top Republican lawmaker from Iowa, a state heavily reliant on farm exports, and Senator Maria Cantwell, a Democrat from Washington, whose state shares a border with Canada, would require the president to notify Congress of new tariffs, and provide a justification for the action and an analysis on the potential impact on US businesses and consumers.

For the tariff to remain in effect, Congress would need to approve a joint resolution within 60 days. If Congress failed to give its consent within that timeframe, all new tariffs on imports would expire. The legislation would also allow Congress to terminate tariffs at any time through a resolution of disapproval.

It would be good if they could reference a standard formula or validated method to be used in applying tariffs, too.

The incredibly slip-shod and inept method cooked up by Trump on the back of a napkin cannot be allowed to stand.
 
  • #274
Too bad there are no penguins in Canada or the Arctic.
No, but we feel their pain. They must be so upset about Trump's tariffs.

And as he'd say, if they don't want tariffs, they can just move to Pittsburg.
 
  • #275
In theory he shouldn't have the power in the first place. It's just that the body that does under their constitution, Congress, has abdicted its responsibility to him.

True. Even if the power is returned to Congress, I am not convinced that Congress has the ability to enact fair and informed tariffs. It seems to me that the entire leadership lacks the required skills and doesn't have access to expert advisors. It seems like it is all a foggy mystery to the American government.
 
  • #276
Sorry for that mistake. My spouse told me that was the case because he heard it on the news, but I think he mistook the fact that Israel dropped all of their tariffs on the US and that some Republicans said they were hopeful they would be dropped. I should have researched it before posting that. Mea culpa.
Israel having tariffs on the U.S. - despite receiving billions annually from the American working class - fully showcases how ridiculous geopolitics has become for us.
 
  • #277
True. Even if the power is returned to Congress, I am not convinced that Congress has the ability to enact fair and informed tariffs. It seems to me that the entire leadership lacks the required skills and doesn't have access to expert advisors. It seems like it is all a foggy mystery to the American government.
However like anything that passes through Congress, there has to be broad support in their own constituencies.

IMO, most tariffs are 'pushed' by some industry or region, for a specific purpose. There has to be a coalition of some type, of actual, real Americans, who want it and lobby for it.

Politicians in democracies aren't supposed to pretend they are economic geniuses and able to see far into the future. They are supposed to be good at consulting and creating sufficient consensus so that people can go ahead and get stuff done, and adapt as conditions change.

JMO
 
  • #278
Trump used unrelated number to make false statements about tariffs. Then he argued with people who see through his nonsense. He went so far as to dishonestly use a formula with Greek symbols that he doesn't understand to really confuse people. Still, no one is confused, so he goes golfing.

No point in having a conversation with someone like that.

All those people who voted for him must be easily confused by arithmetic formulas that use symbols rather than numbers.
I used to teach math in rural Ky. 3 out of 4 of the students could not solve that equation correctly. Not even if you used letters from the alphabet. And that was years ago.

IMO political mathematics is always sketchy. But maybe now ppl will see just how demented this is.

Maybe those workers who just got rehired to work in the parks with full back pay will realize they were the waste fraud and abuse!
 
  • #279
Comments I am reading:

We had one of the best outcomes of the pandemic and it's all over now.

Short term pain for just more long term pain.

There is no great American workforce just waiting for their $20 an hour jobs. There are just untrained high school educated people who have no skills at all.

China is predictable and stable in a way the Triump government is not.

There is great worry out there.
 
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  • #280
"The bell has just rung on the New York Stock Exchange and that's the end of trading for the day.

Trump's tariffs have sent shockwaves through the market.

It is the worst two-day stretch in the US since 2020, when the pandemic hit.

Here's where things stand:

  • S&P 500 -5.98%
  • Dow 30 -5.5%
  • Nasdaq -5.82%"
 
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