Canada - USA Trade War commencing March 2025 #3

[sapphire blue]

Liberation day has been ‘interesting’ to say the least.

Are members in the US ready for your price hike for hamburgers and steaks?

There’s a reason why Australia doesn’t take US beef - mad cow disease. What trump fails to understand (as per typical of trump). Is that Australia doesn’t need US beef, whereas the US needs Australian beef as it has a lower fat quantity.

https://www.reuters.com/markets/commodities/australian-beef-farmers-say-trump-tariffs-boost-price-us-hamburgers-2025-04-03/

 

[indicolite22]

Trump thinks that countries could use uninhabited islands as tariff loopholes.

 

[SouthAussie]

Trump thinks that countries could use uninhabited islands as tariff loopholes.

But how would that work? Surely the uninhabited island would have to have identifiable shipping for that to work?

If this kind of thing is what that means ....

The “Section 321 loophole” is when a merchant sends products that are manufactured internationally to Mexico or Canada, stores the products in Mexico or Canada, and then ships them across the US border. Products being trucked across the US-Mexico or US-Canada border are not subject to the same duties and taxes as those shipped in from other countries.

Changes to Section 321 Loophole and How it Affects Ecommerce Shippers

Ecommerce businesses want to lower their import fees. If you're using the 321 loophool to re-direct shipments, US legislation may change the ability to do that.

dclcorp.com

 

[Mo Thuairim]

Trump's tariffs on China, EU and more, at a glance​

[...]

Here are the basic elements of the plan.

10% baseline tariff
Will go into effect on 5 April.

Some countries will only face the base rate. These include:

• United Kingdom
• Singapore
• Brazil
• Australia
• New Zealand
• Turkey
• Colombia
• Argentina
• El Salvador
• United Arab Emirates
• Saudi Arabia

Custom tariffs for 'worst offenders'

These will go into effect on 9 April.

The key trading partners subject to these customised tariff rates include:

• European Union: 20%
• China: 54% (which includes earlier tariffs)
• Vietnam: 46%
• Thailand: 36%
• Japan: 24%
• Cambodia: 49%
• South Africa: 30%
• Taiwan: 32%

No additional tariffs on Canada and Mexico

The 10% baseline rate does not apply to Canada and Mexico, since they have already been targeted during Trump's presidency.

The White House said it would deal with both countries using a framework set out in Trump's previous executive orders, which imposed tariffs on both countries as part of the administration's efforts to address the entry of fentanyl to the US and border issues.

Trump previously set those tariffs at 25% on all goods entering from both countries, before announcing some exemptions and delays.

25% tariffs on car imports

In addition, the president confirmed the beginning of a new American "25% tariff on all foreign made-automobiles".

This tariff went into effect almost immediately, at midnight local time.

Trump tariffs list: The US global tariffs plan at a glance

A 10% rate of import tax will apply globally - with higher rates for a list of Trump's "worst offenders".

www.bbc.com

 

[ilovewings]

Well, it runs in the family. His father, Fredrick Trump, had Alzheimer's dementia. FWIW He lived to be 93. The linked article suggests his sister was also displaying symptoms but not formally diagnosed.

Donald Trump's Nephew Recalls Grandpa's Dementia Symptoms as He Warns of Former President's 'Decline' (Exclusive)

Donald Trump's nephew Fred C. Trump III is opening up about his family's often-overlooked history of dementia — and how his uncle's recent behavior reminds him of the other Trumps who have faced cognitive health challenges, including Donald's dad

people.com

While we can debate Trump's mental state--Dementia, stupidity, ( or a combination ), that is not the worst problem: the real problem is that he is surrounded by advisors who are intelligent and economy experts: they know full well these tariffs will doom this economy and our relationship with our former allies, but they are cowards and concerned with their own levers of power, and thus though they know better, they support and encourage Trump to tank our economy. They also know that the wealthy will benefit with huge tax cuts ----

 

[SouthAussie]

I see that the US Senate passed a resolution on Wednesday night that rejects Trump's 25% tariff against Canada. It was a 51-48 vote result because four Republicans backed the Democrat's resolution (despite Trump's rumblings about that on his personal social media platform).

Republicans join Democrats in Senate vote to rescind Trump Canada tariffs


BUT Speaker Mike Johnson already said that he will never introduce the resolution into the House.

He noted that Speaker Mike Johnson (R-La.) has already said he’s never bringing the resolution to the House floor.
GOP braces for potential defeat on Trump tariff bill

 

[detective.moon]

i wonder if at least this could have some positive effects on the environment? people buying less and buying more local and second hand, so maybe less waste from production and international shipping?

(don’t get me wrong, i’m not a fan of the tariffs! just wondering if this could have at least one positive outcome too)

 

[LovesPeace2]

I wonder why no new tariffs for us what's he got planned.its so hard to trust anything he does there's always a ulterior motive. I've been travelling the last couple days spent to many hrs at the Calgary airport.We were all talking it's a very different atmosphere heard alot of see it's her relationship with maga that helped with no new tariffs. And they want to sell the USA more oil. My opinion is trump is going to want something for no new tariffs jmvho

 

[musicaljoke]

While we can debate Trump's mental state--Dementia, stupidity, ( or a combination ), that is not the worst problem: the real problem is that he is surrounded by advisors who are intelligent and economy experts: they know full well these tariffs will doom this economy and our relationship with our former allies, but they are cowards and concerned with their own levers of power, and thus though they know better, they support and encourage Trump to tank our economy. They also know that the wealthy will benefit with huge tax cuts ----

Indeed. The US has had past presidents who were not a hair too bright, but the country could rely on the professionalism of their advisors and the wisdom of their leadership in general. But it is evident, that with the current government, the entire supporting structure has failed.

 

[TootsieFootsie]

I think a lot of his appointees are actually lacking in intelligence.

 

[musicaljoke]

But how would that work? Surely the uninhabited island would have to have identifiable shipping for that to work?

If this kind of thing is what that means ....

The “Section 321 loophole” is when a merchant sends products that are manufactured internationally to Mexico or Canada, stores the products in Mexico or Canada, and then ships them across the US border. Products being trucked across the US-Mexico or US-Canada border are not subject to the same duties and taxes as those shipped in from other countries.

Changes to Section 321 Loophole and How it Affects Ecommerce Shippers

Ecommerce businesses want to lower their import fees. If you're using the 321 loophool to re-direct shipments, US legislation may change the ability to do that.

dclcorp.com

Neither Canada nor Mexico have the infrastructure needed to import goods on behalf of the US.

 

[SouthAussie]

Neither Canada nor Mexico have the infrastructure needed to import goods on behalf of the US. The US has huge ports that can receive, unload and truck the monstrous cargo loads from China. Canadian ports are already operating at full capacity for domestic shipping.

That was just an example, because it was said that maybe Trump tariffed the penguins to stop anyone from using their island as a tariff loophole.

 

[ilovewings]

Indeed. The US has had past presidents who were not a hair too bright, but the country could rely on the professionalism of their advisors and the wisdom of their leadership in general. But it is evident, that with the current government, the entire supporting structure has failed.

Exactly: that is the key: the entire supporting structure has failed- well stated. IMO Trump's terrible tariffs are really about power- he has become the center of the Universe: all eyes around the world are on him: It is ultimate attention seeking thrill for him. His every word and gesture are being transmitted around the world. He is in heaven. It is up to the supporting structure- i.e. GOP leadership to put some controls on him to stop the madness but they refuse to do so but because they are also power seeking, they encourage and protect him---we are living in a nightmare because of it.

 

[Mo Thuairim]

I think a lot of his appointees are actually lacking in intelligence.

Indeed. The US has had past presidents who were not a hair too bright, but the country could rely on the professionalism of their advisors and the wisdom of their leadership in general. But it is evident, that with the current government, the entire supporting structure has failed.

I'm not sure Trump or any of them understand VAT.

 

[indicolite22]

i wonder if at least this could have some positive effects on the environment? people buying less and buying more local and second hand, so maybe less waste from production and international shipping?

(don’t get me wrong, i’m not a fan of the tariffs! just wondering if this could have at least one positive outcome too)

Trump the environmentalist. He's also now pushing electric cars, which he used to ridicule. Only Elon's though. Trump has no principles, only financial interests.

ETA: I do agree that reducing unnecessary consumerism is a pro.

 

[indicolite22]

I think a lot of his appointees are actually lacking in intelligence.

Smart people don't want anything to do with him. He's volatile, doesn't listen and isn't willing to learn.

 

[LoveyG]

Am I reading this correctly? The poorest countries got slammed the hardest? Why?

Maybe so he can buy them or take them over when they falter, just musing.

 

[indicolite22]

Exactly: that is the key: the entire supporting structure has failed- well stated. IMO Trump's terrible tariffs are really about power- he has become the center of the Universe: all eyes around the world are on him: It is ultimate attention seeking thrill for him. His every word and gesture are being transmitted around the world. He is in heaven. It is up to the supporting structure- i.e. GOP leadership to put some controls on him to stop the madness but they refuse to do so but because they are also power seeking, they encourage and protect him---we are living in a nightmare because of it.

Apart from profiting personally from the presidency, he's also trying to build a legacy, to be remembered for making revolutionary changes. In return, he expects to have things/places named after him. So far, he's just been breaking stuff.

 

[indicolite22]

Am I reading this correctly? The poorest countries got slammed the hardest? Why?

Probably because they can't hit him back as hard as others can.

 

[MerlinFalcon]

I don’t think he has dementia. He has always been a cruel person and that has been ramped up. I am so glad we have Carney in charge right now because he is obviously very smart and I think that intimidates Trump. He can’t speak to Carney like he would to Ford or Poilievre, neither of which have the experience Carney has.