Canada - USA Trade War commencing March 2025 #3

[Mo Thuairim]

War-torn and struggling countries among those facing steepest Trump reciprocal tariffs​

Myanmar, which is reeling from a huge earthquake and civil war, faces 44% rate amid suspicions that the underlying target is China

Developing nations in South-east Asia, including war-torn and earthquake-hit Myanmar, and several African nations are among the trading partners facing the highest tariffs set by US President Donald Trump.

[...]

The tariffs comes as many countries in South-east Asia are already grappling with the fallout from the cuts to USAid, which provides humanitarian assistance to a region vulnerable to natural disasters and support for pro-democracy activists battling repressive regimes.

Cambodia, a developing economy where 17.8% of the population live below the poverty line according to the Asian Development Bank (ADB), is the worst-hit country in the region with a tariff rate of 49%. More than half of the country’s factories are reportedly Chinese-owned.

In second place is the landlocked South-east Asian nation of Laos, a country heavily bombed by the US during the cold war, with 48%. According to the ADB, Laos has a poverty rate of 18.3%.

Not far behind is Vietnam with 46% and Myanmar, a nation reeling from a devastating earthquake on Friday, and years of civil war following a 2021 military coup, with 44%.

Indonesia, the biggest economy in South-east Asia, faces with a 32% tariff rate, while Thailand, the second-largest, has been hit with a rate of 36%.

Major US rival and trading partner China has been hit with a 34% reciprocal tariff, on top of the 20% levy already imposed.

[...]

Other nations among the hardest hit are several nations in Africa, including Lesotho –a country that Trump said last month “nobody has ever heard of” with 50%, Madagascar with 47% and Botswana with 37%. Lesotho, a small mountainous kingdom surrounded by South Africa, has the second-highest level of HIV infection of the world, with almost one in four adults HIV-positive.

In South Asia, Sri Lanka is facing a 44% tariff. In Europe, Serbia faces a 37% rate.

[...]

But economists have warned the sweeping changes will raise costs, threaten jobs, slow growth and isolate the US from a system of global trade it pioneered, and furthered over several decades.

“This is how you sabotage the world’s economic engine while claiming to supercharge it,” said Nigel Green, CEO of global financial advisory deVere Group.

“The reality is stark: these tariffs will push prices higher on thousands of everyday goods – from phones to food – and that will fuel inflation at a time when it is already uncomfortably persistent.”

War-torn and struggling countries among those facing steepest Trump reciprocal tariffs

Myanmar, which is reeling from a huge earthquake and civil war, faces 44% rate amid suspicions that the underlying target is China

www.theguardian.com

 

[61Montcalm]

37% on Serbia for some unknown reason!

 

[Lorrie]

Even Jan Mayen got 15 percent tax - nobody lives there permanent. They who do work there are personel working for the Norwegian Armed Forces and Norwegian Meterological Institute for shorter periodes. Svalbard got it too, but that is sort of understandable with tourism and coal-mining.

 

[Trooper]

I see Russia is not on any list..Which might be fun for Americans of a certain age... all buying Lada cars now.. My motor mower has more grunt , is less noisy, and has far less emission...... at least it might lessen the road toll in Tennessee....

 

[otto]

Whoever came up with the list needs to be fired. It lacks logic, which we expect from Trump. It lacks common sense. It's cruel. It's pointless. It's not going to have people in the USA rolling in the money - so much money they won't know how to spend it. It achieves nothing good.

It's tariffs on penguins and uninhabited Inlands, which suggests it was created with artificial intelligence that lacks data to produce the list.

AI might explain why Russia, Canada and Mexico were not included - AI sees Russia as powerful, while Canada and Mexico are necessary. All other countries and uninhabited Islands were fair game.

I'm curious how much Trump has relied on artificial intelligence for so many random, self-destruction orders he has signed. AI would explain the speed at which he signs order. It's too fast for anyone who spend time thinking it over before signing.

Tariffs on penguins means that something is seriously wrong with the USA government and with the mental ability of the president.

 

[61Montcalm]

I see Russia is not on any list..Which might be fun for Americans of a certain age... all buying Lada cars now.. My motor mower has more grunt , is less noisy, and has far less emission...... at least it might lessen the road toll in Tennessee....

They were quite strong cars - well the ones for export at any rate - popular in UK banger racing and Finnish romuralli (both a form of wild and no holds barred demolition derby.)

 

[Mo Thuairim]

Trump carpet bombs global trade, Irish pharma on borrowed time​

Ireland’s pharmaceutical sector holds its breath after escaping Trump’s ‘Liberation Day’ tariffs blitz. The United States’ trade strategy is ‘in no one’s interests’ says the Taoiseach.

If you’re American and Tariff Day / Liberation Day gave you a headache, buy your meds today. Irish pharma got a reprieve, for now, but Ireland’s substantial pharmaceutical trade imbalance with the United States is still in Trump’s crosshairs.

Declaring a national economic emergency, President Donald J. Trump imposed a barrage of global trade tariffs, doing so without Congressional approval. He said his emergency tariff strategy aims to “increase our competitive edge, protect our sovereignty, and strengthen our national and economic security.”

But in a notable win for major pharmaceutical firms, an exemption has been granted that spares the sector from impending US levies. The industry, heavily reliant on a global manufacturing network to supply medicines domestically, has been actively lobbying for relief.

Bloomberg reports that the Pharmaceutical Research and Manufacturers of America, the sector's leading advocacy group, engaged with administration officials to secure this outcome.

High-profile executives, including the CEOs of Pfizer Inc. and Eli Lilly & Co., are noted to have personally lobbied at Mar-a-Lago, meeting with former President Trump to discuss the matter.

Domestic manufacturing strategy

Trump said the need to “maintain robust and resilient domestic manufacturing capacity” is particularly acute in certain advanced industrial sectors like pharmaceuticals, but according to a Fact Sheet issued by the White House, “Some goods will not be subject to the Reciprocal Tariff. These include: (…) copper, pharmaceuticals, semiconductors, and lumber.”

However, the White House notes that these articles “may become subject to future Section 232 tariffs.”

[...]

Brexit bonus, finally

A notable aspect of the new tariff plan is the imposition of a 10% tax on goods from the UK, including Northern Ireland. This positions Northern Ireland and Britain more favourably, allowing British goods to enter the US market with lower duties compared to those from the Republic of Ireland.

Ireland’s Minister for Agriculture, Food and the Marine, Martin Heydon, expressed concerns on RTE’s Prime Time, highlighting the potential inclusion of pharmaceuticals in future tariffs. He warned that such a move would increase drug prices for Americans and criticized the disparity in tariff rates across the island of Ireland, calling it "not ideal."

[...]

Trump carpet bombs global trade, Irish pharma on borrowed time - Euractiv

Ireland’s pharmaceutical sector holds its breath after escaping Trump’s ‘Liberation Day’ tariffs blitz. The United States’ trade strategy is ‘in no one’s interests’ says the Taoiseach.

www.euractiv.com

 

[TetonValley544]

Yeah, protecting wildlife and their habitat or protecting some of the most vulnerable people in society and ensuring they are treated equally in terms of education or healthcare are really really low on Donald's list.
The guy is callous beyond belief.
He is set on destroying the planet.
Alaska is stunning and unique and he wants to destroy it for money. Some things are worth more than money - once they're gone, that's it - there's no buying that diverse environment and the beautiful and some already endangered wildlife that live there back , no amount of new American jobs will be able to rebuild or replace it.
Its heartbreaking.
Dumbass - would probably sell his Nain to the Devil for a dollar.

Ffs, someone lock the numpty up please??

moo

In my little corner of the world (WI) we did an amazing thing yesterday. Pushed back against him and put Susan Crawford in the senate. Elon and Trump couldn't buy WI . <modsnip>

 

[Lilibet]

In my little corner of the world (WI) we did an amazing thing yesterday. Pushed back against him and put Susan Crawford in the senate. Elon and Trump couldn't buy WI . <modsnip>

Welcome to Websleuths @TetonValley544.

 

[Lilibet]

It's cruel.

The cruelty is the point.

JMO

 

[Trooper]

In my little corner of the world (WI) we did an amazing thing yesterday. Pushed back against him and put Susan Crawford in the senate. Elon and Trump couldn't buy WI . <modsnip>

It was a bright light in a dark desert of news, for sure, Teton...

 

[Trooper]

I think we will see some weird and wonderful alliances in the next week or so.. when push comes to shove, trade is the engine of any nation, and that will be the overriding factor.. some strange bedfellows will eventuaute. , which we have seen already with South Korea, Japan and China joining forces, that is one weird combo, but it won't be the last.

 

[Trooper]

They were quite strong cars - well the ones for export at any rate - popular in UK banger racing and Finnish romuralli (both a form of wild and no holds barred demolition derby.)

I think they ran on kerosene. Sure smelt that way..

 

[Sarahlou]

Tariffs on Penguins? I just had to check it's not still April 1st.

 

[iamshadow21]

Tariffs on Penguins? I just had to check it's not still April 1st.

It's not even enforceable, even if they did have human inhabitants exporting things. Norfolk, Heard and MacDonald islands are all part of Australia, and only the 10 percent can be applied to them.

'No known exports': Australia's Norfolk Island says it won't have to pay higher US tariffs

Two uninhabited Australian islands and the external territory Norfolk Island were singled out for US tariffs.

www.sbs.com.au

MOO

 

[SouthAussie]

Tariffs on Penguins? I just had to check it's not still April 1st.

One of our Aussie MSM published a photo of some of the Heard Island population bracing for the tariffs.

US Tariffs: Why Donald Trump came after Australia’s antarctic penguins​

 

[Lyanna]

In my little corner of the world (WI) we did an amazing thing yesterday. Pushed back against him and put Susan Crawford in the senate. Elon and Trump couldn't buy WI . <modsnip>

I know - was super happy to see that!
Money doesn't buy everything and it was amazing to see!!

Moo

 

[Lyanna]

Tariffs on Penguins? I just had to check it's not still April 1st.

What are they trading in? Fish?

Moo

 

[iamshadow21]

What are they trading in? Fish?

Moo

Well, they give each other pebbles as courting gifts. Maybe Trump wants the mineral rights to their rock collections.

MOO

 

[Lyanna]

Well, they give each other pebbles as courting gifts. Maybe Trump wants the mineral rights to their rock collections.

MOO

lol shouldn't laugh but can picture him now, waddling, bowing to the Emperor and attempting to talk Penguin and then will come the msm about how the penguins are treating America unfairly and keeping all those rocks to themselves. Bad Penguins

Moo