Canada - USA Trade War commencing March 2025 #2

[Fabled Automatic]

The man with the delicate task of representing U.S. President Donald Trump in Canada has offered an indication of how he plans to go about it.

Canada, meet good cop.

At his U.S. Senate confirmation hearing for ambassador to Canada, Pete Hoekstra steered clear of annexation talk and saluted the countries' long-standing partnership.

'Canada is a sovereign state': Trump's ambassador pick distances himself from annexation talk

 

[otto]

Under normal circumstances, the following statement would be absurd. Today, it is necessary.

The Canadian team that met with Lutnick today reported that they asked the USA federal government to be respectful of the incoming prime minister in Canada, to lower the tone.

That should be a given, a no-brainer. Is the USA president going to continue with his disrespect and rudeness towards the next Canada prime minister? Ask any one of his supporters and they will report that the president's rudeness is justified because he doesn't like Justin Trudeau. Will that stop, or will the USA federal government continue with rude and still be cheered? If so, what's the next excuse for rude, offensive behaviour from a 78 year old man?

 

[otto]

Canada, U.S. officials talk tariffs in Washington, expected to meet again next week

A high-stakes meeting between Canadian and U.S. officials on Thursday ended without tariffs being removed, but Ontario Premier Doug Ford says the meeting went 'very, very well' and that he’s feeling 'very positive' as the two sides plan to meet again next week.

www.ctvnews.ca

before sitting down for a meeting with a Canadian delegation in Washington, U.S. Commerce Secretary Howard Lutnick appeared for an interview on Fox News.

He made similar claims to his previous appearances, accusing Canada of being “not respectful” and “not thankful” for its economic relationship with the United States.

He sounded just like the tone during the meeting with Ukraine ... Canada has not said thankyou for the tariff war. Rude.

 

[LovesPeace2]

'Canadians are united': Anti-Trump rally planned for Vancouver | News

An anti-Trump rally is heading to Vancouver later this month as part of a nationwide sign of solidarity against his actions.

dailyhive.com

The Vancouver event is one of several events across Canada on Monday, March 24, at American consulates and embassies in various Canadian cities.
The Vancouver rally occurs on Monday, March 24, between 4 and 8 p.m. at 1075 West Pender St. According to the organizer, a press event between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy was the catalyst.

 

[otto]

Ford says he had 'very, very productive' meeting with top Trump trade official in Washington

Just before the meeting, Lutnick was bashing Ford because he, a premier (no better than a governor), had the arrogance to increase the price of something his province sells to the USA. According to Lutnick, Ford has no right to put a price on something his province sells.

 

[otto]

'Canada is a sovereign state': Trump's ambassador pick distances himself from annexation talk

It's the wrong word. The USA is a sovereign state. Poland is a sovereign state. Australia is a sovereign state.

They are sovereign countries, so the use of the word "state" while threatening Canada, is not entirely honest.

 

[SouthAussie]

They are sovereign countries, so the use of the word "state" while threatening Canada, is not entirely honest.

That is deliberately irksome.

Again ... just keeping repeating lies until they are believed. A tried and tested Trump tactic throughout. Now being used by his press secretary, Musk, govt officials.

imo


“[Trump] used to tell me, ‘It doesn’t matter what you say, Stephanie — say it enough and people will believe you.’

Former Trump spokesperson shares insight into how and why he lies

 

[Fabled Automatic]

He sounded just like the tone during the meeting with Ukraine ... Canada has not said thankyou for the tariff war. Rude.

I was 70% sure today's meeting with Ford was going to be a setup like the one with Zelenskyy was.

 

[otto]

That is deliberately irksome.

Again ... just keeping repeating lies until they are believed. A tried and tested Trump tactic throughout. Now being used by his press secretary, Musk, govt officials.

imo


“[Trump] used to tell me, ‘It doesn’t matter what you say, Stephanie — say it enough and people will believe you.’

Former Trump spokesperson shares insight into how and why he lies

Why does Donald Trump shamelessly repeat the same transparent lies, over and over again? People close to him have already told us the answer.

www.msnbc.com

The use of the word "state" rather than "country" is intentional. He's expecting people to give him a pass, give the benefit of the doubt, but he means "sovereign state", not country. Canadians are supposed to step back with a sign of relief, but they should not.

 

[otto]

I was 70% sure today's meeting with Ford was going to be a setup like the one with Zelenskyy was.

I think it was. However, the Canadian representatives told the USA representatives that they expect their USA government to be professional when meeting the new Canadian prime minister. Rudeness isn't going to go over well.

 

[musicaljoke]

Blocking champagne imports would be great for champagne business in the USA? Does he know what champagne is? Does he mean that blocking champagne would be great for USA sparkling wine business? Does he ever know what he's talking about, or does he assume the people he's talking to know nothing?

Just for clarification in case anyone is confused, the US does not have a champagne business. It does not produce any champagne.

 

[Fabled Automatic]

Trump repeated again today, numerous times, that they (the US) doesn't need us for anything. They don't need our lumber, they don't need our hydro.

So why the temper tantrum when we add a surcharge to those things? Just tell the states to stop buying them, Donald. Problem solved.

 

[Fabled Automatic]

I think it was. However, the Canadian representatives told the USA representatives that they expect their USA government to be professional when meeting the new Canadian prime minister. Rudeness isn't going to go over well.

As much as I feel Ford hasn't been great for our province, I don't think he would have taken their crap for a second and I would've loved to see him stand up to them.

 

[otto]

Just for clarification in case anyone is confused, the US does not have a champagne business. It does not produce any champagne.

It's another ridiculous statement from the USA federal government. The USA is in the wrong part of the world to produce champagne.

Maybe the USA can attack France next - steal that champagne region.

 

[otto]

Trump repeated again today, numerous times, that they (the US) doesn't need us for anything. They don't need our lumber, they don't need our hydro.

So why the temper tantrum when we add a surcharge to those things? Just tell the states to stop buying them, Donald. Problem solved.

No one who cheers for the USA government can answer that question. The just keep repeating that they don't need anything, then they go mental when Canada sets their price for their property.

The entitlement coming out of the USA is astounding. They actually think they have the right to tell us what we can charge for our stuff.

 

[BayouBelle_LA]

The Case For A U.S. Sovereign Wealth Fund​

In light of these developments, Trump has floated an interesting idea: using tariff revenue to fund a U.S. sovereign wealth fund.

For those unaware, SWFs are government-owned investment funds, typically built from trade surpluses, resource exports or public savings. They serve as long-term savings vehicles, investing in assets like stocks, bonds and infrastructure to benefit future generations. Unlike pension funds, which individuals tap into for personal needs, SWFs are designed to generate national wealth.
(…)
As always, the key takeaway is to remain diversified. Trade policy changes can create volatility, but long-term opportunities exist in sectors resilient to tariffs. Gold, energy, infrastructure and select equities may benefit from current market conditions.

The Surprising History Of Tariffs And Their Role In U.S. Economic Policy

The move has rattled markets, leaving many American businesses and consumers wondering what comes next.

www.forbes.com

 

[Sillybilly]

ADMIN NOTE:

This thread is derailed with far too much political commentary that does not relate to the topic of discussion.

Unless members can show how their post connects to the trade war / tariffs / annexation, it is off topic.

Take a break. Thread is closed for cleanup.

Check back a bit later

 

[Sillybilly]

Thread is open again.

This was an exceptionally difficult cleanup of 80+ mostly off topic posts. If some of the convo that is left comes across as a bit random or disjointed, it is because some post were removed but perhaps responses were more on topic and remain, or there are some posts that are political but may relate to discussion about tariffs, annexation, etc.

 

[acutename]

It's another ridiculous statement from the USA federal government. The USA is in the wrong part of the world to produce champagne.

Maybe the USA can attack France next - steal that champagne region.

CA makes sparkling wines.... and NY makes some too...(but I have never understood DJT's antagonism of Europe in general...) ... (next up: Balsamic vinegar? Parmesan cheese?)

California Sparkling Wine / Champagne​

Wine Institute
https://wineinstitute.org › ... › Wine Variety Facts

In New York State, Sparkling Wine May Be the Future​

Wine Enthusiast
https://www.wineenthusiast.com › Culture › Wine





Dec 4, 2023 — New York wineries excel not just with traditional method sparklers. Pét nat, Champagne's lightly fizzy sibling, has shot to popularity over the ...



More than 300 California wineries make sparkling wine in styles ranging from bone dry to sweet. The traditional winegrape varieties in California sparkling ...

In New York State, Sparkling Wine May Be the Future​

Wine Enthusiast
https://www.wineenthusiast.com › Culture › Wine




Dec 4, 2023 — Today, New York bubbles are making a comeback. Whether made in the traditional method with Champagne varieties, or as a pét nat comprised of ...

 

[SouthAussie]

The Case For A U.S. Sovereign Wealth Fund​

In light of these developments, Trump has floated an interesting idea: using tariff revenue to fund a U.S. sovereign wealth fund.

For those unaware, SWFs are government-owned investment funds, typically built from trade surpluses, resource exports or public savings. They serve as long-term savings vehicles, investing in assets like stocks, bonds and infrastructure to benefit future generations. Unlike pension funds, which individuals tap into for personal needs, SWFs are designed to generate national wealth.
(…)
As always, the key takeaway is to remain diversified. Trade policy changes can create volatility, but long-term opportunities exist in sectors resilient to tariffs. Gold, energy, infrastructure and select equities may benefit from current market conditions.

The Surprising History Of Tariffs And Their Role In U.S. Economic Policy

The move has rattled markets, leaving many American businesses and consumers wondering what comes next.

www.forbes.com

Mixed reactions about that by economists and executives. 8 say no. 4 say yes (but one is a sarcastic yes)

The two executives who relate it to tariffs says a firm no. Think any tariff revenue should go to the US Treasury. Better to pay down the debt ... which now stands at $35.46 trillion. One of them says that not enough thought has gone into this.

One who says yes says tariffs are not a good source of revenue for a SWF. The US would need more sustainable revenue to fund such a thing.
It is countries like those that are oil-rich that have SWFs.

Another who says yes is actually being sarcastic .. saying that after the US takes Greenland and Panama and their SWFs, maybe the US can create one out of that money. (It actually says "sarcasm noted" at the end of that reaction.)

Should the U.S. create a sovereign wealth fund?

President Trump signed an executive order to create a sovereign wealth fund.

www.sandiegouniontribune.com