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

[TootsieFootsie]

MSN

Business Insider

Elon Musk's brother, Kimbal, slams Trump's tariffs as a 'permanent tax on the American consumer'​

 

[musicaljoke]

China Stops Buying U.S. LNG​

View attachment 577473
Crude Oil Prices Today | OilPrice.com
https://oilprice.com › Latest Energy News




Mar 18, 2025 — China has halted all U.S. liquefied natural gas imports for 40 days due to tariff disputes, shifting its focus to long-term deals with ...


actually it seems that since Feb, to avoid tariffs, their shipments have been going to the EU... China halts US LNG imports as trade war reroutes deliveries - CNBC TV18

I predict that this will drive down the price of liquid natural gas, which T will claim as a victory. "See, I promised to lower prices, and they are going down".

 

[SouthAussie]

Am pleased people are acting and speaking up about Donald and his "bull in a China shop" approach, but it should never ever have got this far. No person in government should have this much power, isn't that why there's congress, senate and whatever the other one is - too safeguard and to make sure things like this do not happen?

Moo

His party have all let the guardrails slip. Be it for their own (other) reasons.
And Trump has been systematically dismantling the DOJ leadership and the military leadership, to adjust their reasoning.
Congress is acting like a Trump puppet.


For example, Leonard Leo advised on the choice of Supreme Court justices because he wanted anti-abortion laws put into place. Now he is very against the tariffs.

Leo was a key architect of the conservative supermajority on the Supreme Court that rolled back the federal right to an abortion.
For decades, as a leading figure in the Federalist Society and other conservative legal groups, Leo identified and promoted the careers of lawyers and law clerks who shared his views of the constitution.

https://www.npr.org/2024/11/24/nx-s1-5199049/federalist-society-conservative-supreme-court

imo

 

[Kemug]

“On the possibility of a Trump-Xi call, Wu said: “You just slapped my face and I’m not just going to call you and beg your pardon.”

RSBM
Love this!

 

[musicaljoke]

This is from the US Tax Foundation ....

• The Trump tariffs will reduce after-tax income by an average of 1.9 percent and amount to an average tax increase of more than $1,900 per US household in 2025.

Tracking the Economic Impact of the Trump Tariffs

The tariffs amount to an average tax increase of $1,200 per US household in 2025.

taxfoundation.org

A $20/hr wage earner will work about 2.5 weeks in order that their after tax income can pay for this.

 

[Kemug]

exactly when did Truth Social become an official means of US Govt communication?

And was there ever a site more inaccurately named?

 

[detective.moon]

It really sounds as if the big US plan has backfired. China will welcome everyone with open arms, and no (or few) tariffs.

imo

yep, seems like neither china or the US will back down soon! where will it end?

some dutch politicians seemed worried we’ll be flooded with even cheaper chinese goods (as chinese companies won’t be able to sell in the US) and it could undermine other companies - but i don’t know how realistic these worries are at this point

 

[Kemug]

I still can't comprehend the 47% tariff on Madagascar. They export vanilla and fish... Not a lot of their fish goes to the US. And then there are the hissing cockroaches that some people have as pets...

I have named mine Donald.

 

[SouthAussie]

yep, seems like neither china or the US will back down soon! where will it end?

some dutch politicians seemed worried we’ll be flooded with even cheaper chinese goods (as chinese companies won’t be able to sell in the US) and it could undermine other companies - but i don’t know how realistic these worries are at this point

Back in 2020, China signed free trade agreements with 14 Asia Pacific countries .... "Australia, Japan, New Zealand and South Korea signed the deal, alongside members of the 10-nation Association of Southeast Asian Nations (Asean), including Indonesia, Malaysia, the Philippines and Thailand."

I am not sure how realistic the Dutch concerns are either. I don't feel that we are flooded with cheap Chinese goods. We still all buy Japanese cars, Japanese TVs, Swedish furniture, etc etc.

I think a lot of the fear of trading with China comes about because China is 'the enemy'.

I think China will likely just adjust its output of goods to suit its markets.

imo

China and 14 Asia-Pacific countries agree historic free trade deal

Signing of RCEP unites nations totalling 2.2 billion people and covers 28% of global trade

www.theguardian.com

 

[CoverMeCagney]

In recent decades the country has emerged as a source of high quality gems, including ruby, sapphire and various forms of beryl, including emerald and aquamarine.

Shhhhhh…. if he finds out he’ll try to buy it

 

[SouthAussie]

To me it sounds as if Republicans don't know what is going on either. Does no-one explain to their own party? They are all left wondering?


"Sen. Thom Tillis (R-N.C.), a top political target of Democrats in 2026, said farmers in his state are “very concerned” about how Trump’s trade war may play out, and for how long.
“We’re already hearing threats about curbing imports,”

Moran, the senior Republican senator from Kansas and a member of the Agriculture Committee, said he has “communicated to” Agriculture Secretary Brooke Rollins and other administration officials “about the real difficulty this puts Kansas farmers in.”
“There’s a lot of faith in the president but that doesn’t pay bills.

“Unfortunately, it’s what we had expected might happen,” Sen. Mike Rounds (R-S.D.) said of the severe downturn in the stock markets.
“We’re hopeful that the White House was prepared for this. If not, that’s not a good sign.
Commodity prices are still low and commodity prices didn’t do anything good today again,”

North Dakota Sen. Kevin Cramer (R) said there’s a lot of concern in the Senate Republican Conference about where Trump’s trade war is headed and how much damage it will inflict on the economy.
Cramer said a lot of farmers in his state would “like the China thing to get fixed as soon as possible,” given the size of its market for U.S. exports."

Farm-state Republicans rocked by tariffs fear Trump lacks exit strategy

 

[detective.moon]

who was it here who said we’ll see a new frugal alternative to toilet paper any day now, just like in 2020?

The people growing their own toilet paper

One million trees worldwide are cut down each year to make toilet paper. Is it more sustainable to grow your own?

www.bbc.com

Robin Greenfield, an environmental activist who runs a non-profit advocating for sustainable living in Florida in the US, has been using the leaves of Plectranthus barbatusfor five years.
Greenfield runs a "grow your own toilet paper" initiative and cultivates over 100 Plectranthus barbatus plants at his Florida nursery. He shares cuttings for free or for voluntary donations, encouraging people to grow their own toilet paper. So far, he says he has distributed cuttings to hundreds of people.

(i might not be ready for this, but good on these people for finding green alternatives!)

 

[Mo Thuairim]

What a silver-tongued diplomat Vance is.

China slams 'ignorant and impolite' US VP Vance over 'peasants' comments​

China has condemned US Vice President JD Vance as "ignorant and impolite", after he referred to the US borrowing money from "Chinese peasants".

"China's position on China-US economic and trade relations has been made very clear," foreign ministry spokesman Lin Jian said.

"It is surprising and sad to hear such ignorant and impolite words from this vice president," he added.

[...]

Speaking to Fox News on Thursday, Mr Vance defended those tariffs as an antidote to a "globalist economy" he said had not worked for ordinary Americans.

"We borrow money from Chinese peasants to buy the things those Chinese peasants manufacture," the Vice President said.

"That is not a recipe for economic prosperity. It's not a recipe for low prices, and it's not a recipe for good jobs in the United States of America," he said.

[...]

China slams 'ignorant' Vance over 'peasants' comments

China has condemned US Vice President JD Vance as "ignorant and impolite", after he referred to the US borrowing money from "Chinese peasants".

www.rte.ie

 

[LoveyG]

China today has signaled it is going to fight Trump's threat of increased tariffs but will still keep the lines of communication open, as is prudent. In addition to increasing internal consumption and manipulation of currency, China has also made advances to be a trade partner with Japan, Korea, the EU, UK, and Canada.

"“You just slapped my face and I’m not just going to call you and beg your pardon.”

" On April 7, Xi called for strengthened efforts to “fully unleash” the country’s consumption potential to spur growth. The Chinese leader said revitalizing consumption, expanding domestic demand and enhancing investment efficiency are on top of the country’s agenda, state-run broadcaster China Central Television reported on April 7, without specifying when and where he made those comments.

“We believe that before we can sit down to negotiate a deal we have to fight, because the other side wants to fight first,” Wu Xinbo, director at Fudan University’s Center for American Studies in Shanghai, said of China’s stance. On the possibility of a Trump-Xi call, Wu said: “You just slapped my face and I’m not just going to call you and beg your pardon.”

Stocks tumbled on concerns over the trade war’s impact on the global economy. Asia capped the worst day since 2008. A gauge of Chinese shares listed in Hong Kong fell into a bear market, while the city’s benchmark Hang Seng Index plunged the most since 1997. Europe’s Stoxx 600 tumbled more than 6% at one point"

China is working on manipulating the yuan. At the same time, China may widen its diplomatic outreach by building stronger economic ties elsewhere. Last month, trade officials from China, Japan and South Korea jointly called for open and fair trade. During a recent visit to Brussels, Chinese Vice Finance Minister Liao Min expressed a willingness to work with the European Union to defend the multilateral trading system. T

The Chinese Embassy in Ottawa also made similar overtures about partnering with Canada

More interesting comments in the article:

Xi Declares China Ready to Fight Trump’s Trade Tariffs - TT

President Xi Jinping’s decision to quickly retaliate against Donald Trump’s sweeping tariffs sent the world a clear message: If the U.S. wants a trade war, China is ready to fight.

www.ttnews.com

From the quote: Wu said: “You just slapped my face and I’m not just going to call you and beg your pardon.”

Of course not, but, it's what Trump expects each of the world leaders to do.

 

[LoveyG]

China vows to fight 'till the end' after Trump's latest tariffs threat ( no one would have expected any other response than this, maybe Trump had some mad delusion , entirely in error )

Tokyo is up a bit, and holding the upwards trend, the Schenzen is up,

China, Hong Kong stocks rise with regional markets, Beijing support​

https://www.reuters.com/markets/asia/china-hong-kong-stocks-rise-with-regional-markets-beijing-support-2025-04-08/

Japan leads Asian equity bounce, yields rise on trade optimism​

The Hang Sen is trending up

Poetic that China and Japan markets are rising.

 

[LovesPeace2]

Now this will tick off the cheetos

Ukraine gets approval to export eggs to Canada

Farmers Forum staff OTTAWA —The Canadian market is now open to in-the-shell egg imports from the Ukraine. Canadian approval was granted April 1. Negotiations to allow the imports of shelled eggs and o

farmersforum.com

Until now, the only eggs imported into Canada, under a limited tariff-free quota, have come from the U.S., the Egg Farmers of Canada confirmed for Farmers Forum. The Egg Farmers of Canada otherwise had no reaction to the news of the Ukrainian imports.

 

[LoveyG]

It really sounds as if the big US plan has backfired. China will welcome everyone with open arms, and no (or few) tariffs.

imo

Of course it has. Trump has zero understanding of diplomacy or even human relationships. In his world, making people capitulate to him is a normal interaction. If they don't, punish them more. Friends? I don't see any, other than Epstein and we see who he was and what happened to him. How could Trump understand how normal humans would respond to his asinine demands?

 

[Mo Thuairim]

Orange Monday madness: Donald Trump’s tariff tsunami leads to bloodbath in global markets, wipes out portfolios, and shocks the economy as investors panic​

Orange Monday chaos: did Trump’s tariffs just trigger a financial earthquake? - Let’s be real: nobody expected Monday to feel like the start of an economic apocalypse. But here we are. The global economy just got gut-punched by a wave of sweeping new tariffs unleashed by Donald Trump, and the markets reacted like they saw a ghost.

The result? A day now burned into history books as “Orange Monday.” Think Black Monday’s angrier, more chaotic cousin—with extra steak and nationalism. Stocks nosedived, portfolios vaporized, and panic swept across global trading floors. So, what actually happened? And what happens next?

[...]

Where do we go from here?​

“Orange Monday” might just be the beginning of a new economic chapter—one written in bold, angry font.

Whether this spirals into another 2008 or 1987 depends on a few critical things:

• Will Trump walk back the tariffs before the damage becomes irreversible?
  
  
• Can markets stabilize before another wave of panic hits?
  
  
• Will global leaders unite to prevent a deeper recession?

For now, investors are rattled, economies are shaken, and portfolios are praying for mercy. And if Trump keeps doubling down, this won’t be the last Monday we name after him.

[...]

Orange Monday madness: Donald Trump’s tariff tsunami leads to bloodbath in global markets, wipes out portfolios, and shocks the economy as investors panic

Orange Monday market crash shook the world as Donald Trumps sweeping tariffs triggered a financial firestorm. In one bold move, global markets tanked, portfolios vanished, and panic hit Wall Street. From hedge fund chaos to silvers surprising potential, this story dives deep into how Trump's...

m.economictimes.com

 

[LoveyG]

To me it sounds as if Republicans don't know what is going on either. Does no-one explain to their own party? They are all left wondering?


"Sen. Thom Tillis (R-N.C.), a top political target of Democrats in 2026, said farmers in his state are “very concerned” about how Trump’s trade war may play out, and for how long.
“We’re already hearing threats about curbing imports,”

Moran, the senior Republican senator from Kansas and a member of the Agriculture Committee, said he has “communicated to” Agriculture Secretary Brooke Rollins and other administration officials “about the real difficulty this puts Kansas farmers in.”
“There’s a lot of faith in the president but that doesn’t pay bills.

“Unfortunately, it’s what we had expected might happen,” Sen. Mike Rounds (R-S.D.) said of the severe downturn in the stock markets.
“We’re hopeful that the White House was prepared for this. If not, that’s not a good sign.
Commodity prices are still low and commodity prices didn’t do anything good today again,”

North Dakota Sen. Kevin Cramer (R) said there’s a lot of concern in the Senate Republican Conference about where Trump’s trade war is headed and how much damage it will inflict on the economy.
Cramer said a lot of farmers in his state would “like the China thing to get fixed as soon as possible,” given the size of its market for U.S. exports."

Farm-state Republicans rocked by tariffs fear Trump lacks exit strategy

They know, but, they are being cautious about what they say and how they say it. If they don't stroke his ego, then he retaliates against them. They are afraid of what he will do to their political careers if they do anything but flatter him. MOO.

ETA: still makes them cowards IMO.

 

[LoveyG]

Orange Monday madness: Donald Trump’s tariff tsunami leads to bloodbath in global markets, wipes out portfolios, and shocks the economy as investors panic​

Orange Monday chaos: did Trump’s tariffs just trigger a financial earthquake? - Let’s be real: nobody expected Monday to feel like the start of an economic apocalypse. But here we are. The global economy just got gut-punched by a wave of sweeping new tariffs unleashed by Donald Trump, and the markets reacted like they saw a ghost.

The result? A day now burned into history books as “Orange Monday.” Think Black Monday’s angrier, more chaotic cousin—with extra steak and nationalism. Stocks nosedived, portfolios vaporized, and panic swept across global trading floors. So, what actually happened? And what happens next?

[...]

Where do we go from here?​

“Orange Monday” might just be the beginning of a new economic chapter—one written in bold, angry font.

Whether this spirals into another 2008 or 1987 depends on a few critical things:

• Will Trump walk back the tariffs before the damage becomes irreversible?
  
  
• Can markets stabilize before another wave of panic hits?
  
  
• Will global leaders unite to prevent a deeper recession?

For now, investors are rattled, economies are shaken, and portfolios are praying for mercy. And if Trump keeps doubling down, this won’t be the last Monday we name after him.

[...]

Orange Monday madness: Donald Trump’s tariff tsunami leads to bloodbath in global markets, wipes out portfolios, and shocks the economy as investors panic

Orange Monday market crash shook the world as Donald Trumps sweeping tariffs triggered a financial firestorm. In one bold move, global markets tanked, portfolios vanished, and panic hit Wall Street. From hedge fund chaos to silvers surprising potential, this story dives deep into how Trump's...

m.economictimes.com

Except for the fact that we need to know what's going on, I almost wish the media would black out everything. It's the constant spotlight on him and the international reactions to everything he does that keeps him motivated. It's all about him. Not just in the US but now the whole world is talking about him. He's in heaven. MOO.