Canada - USA Trade War commencing March 2025 #3

[Cryptic]

I think he's putting tariffs on all sorts of places to stop some countries using those places names to evade tariffs.

 

[Lyanna]

I'm confused with above message, there was more to Tootsie's post then what's been snipped. Not sure what's being implied?

 

[otto]

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/

USA dairy is also rejected by many countries due to the use of artificial hormones used to stimulate milk production. Those artificial hormones cannot be used in Canada, the EU, or Australia.

Mexico is the largest importer of unregulated USA dairy. Canada is the second largest importer of USA dairy, but it must meet Canadian regulatory standards.

My impression is that profit is more important than food quality in the USA.

 

[Elliot_Alderson]

Thank you, Donald Trump!! Love looking at my 401K and seeing it lower and lower every day. This is MAKING AMERICA GREAT AGAIN!!!!!!!!!1111111

 

[LoveyG]

Thank you, Donald Trump!! Love looking at my 401K and seeing it lower and lower every day. This is MAKING AMERICA GREAT AGAIN!!!!!!!!!1111111

Indeed. I'm loving it too as a recent retiree.

 

[seasideForest]

I prob won't be getting my beloved lamb that comes from Oz.

Might be a good producer in the US somewhere - small (organic?) producer, maybe local to you, farmer's market? depending on where you live of course.

Personally I believe that trying to buy local, in-season produce is a Good Thing, so I suppose those Americans who can afford it may find and support small local producers. IMO. I am also sure that that is NOT what Trump&Co have in mind with their tariffs. And of course there will always be import and export, I'm not saying there shouldn't be, but you might be surprised what you can find locally. MOO

 

[sds71]

U.S. President Donald Trump will “buckle under pressure” and alter his tariff policies if Europe bands together, acting German economy minister Robert Habeck said Thursday.

“That is what I see, that Donald Trump will buckle under pressure, that he corrects his announcements under pressure, but the logical consequence is that he then also needs to feel the pressure,” he said during a press conference, according to a CNBC translation.


“And this pressure now needs to be unfolded, from Germany, from Europe in the alliance with other countries, and then we will see who is the stronger one in this arm wrestle,” Habeck said.

Allowing Trump to persist or trying to appease him would not be a successful strategy under any circumstances, he added, noting that the response should be a “day of determination.”

Strategically, the aim should be to avoid tariffs and a trade war, but the question was how to get there, the economy minister said.

https://www.cnbc.com/2025/04/03/trump-will-buckle-under-pressure-if-europe-bands-together-over-tariffs-german-economy-minister.html

 

[Summerliz03]

I’m perplexed as to why Russia isn’t on the tariff list. Belarus, Cuba and North Korea either. I of course have my own thoughts as to why that is but I guess I didn’t expect Trump to make it so obvious. And then there’s this statement from the White House on why Russia, etc. aren’t on the list:

White House explains why Russia not included in Trump's new tariffs

Trump is calling his tariff policy "kind reciprocal," saying he could've been much harsher on US trading partners.

www.newsweek.com

However, this reasoning doesn’t make much sense because there are many other countries we did trade with, at a deficit, and all those countries still got tariffs. We already impose sanctions and embargoes on countries like Iran, Venezuela and Syria, yet they both also got hit with tariffs yesterday but nothing for Russia. Interestingly enough, right in the middle of his tariff announcement, sanctions were lifted on the wife of one of Putins colleagues, without any explanation or warning. It’s all just pretty convenient…for Russia.

Ukraine war latest: US sanctions Russian firms but lifts sanctions on Putin ally's wife

Key developments on April 2: * US sanctions Russian firms but lifts sanctions on Putin ally's wife * US sanctions network supplying Houthis with stolen Ukrainian grain, Russian arms * Trump admin officials say ceasefire unlikely in coming months, Reuters reports * Russian negotiator to meet...

kyivindependent.com

 

[otto]

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.

Trump's simplistic humour of calling Canada's prime minister a "governor" falls completely flat with Prime Minister Carney.

Carney had the title of Governor of the Bank of Canada, and Governor of the Bank of England for years. If Trump calls Prime Minister Carney "governor", Carney will remind Trump that he has moved on from those jobs and is now Prime Minister of Canada.

Using one of Carney's former titles will be interpreted as Trump having mental confusion about Carney's former and current job titles.

 

[Yellowbelly]

I’m perplexed as to why Russia isn’t on the tariff list. Belarus, Cuba and North Korea either. I of course have my own thoughts as to why that is but I guess I didn’t expect Trump to make it so obvious. And then there’s this statement from the White House on why Russia, etc. aren’t on the list:

White House explains why Russia not included in Trump's new tariffs

Trump is calling his tariff policy "kind reciprocal," saying he could've been much harsher on US trading partners.

www.newsweek.com

However, this reasoning doesn’t make much sense because there are many other countries we did trade with, at a deficit, and all those countries still got tariffs. We already impose sanctions and embargoes on countries like Iran, Venezuela and Syria, yet they both also got hit with tariffs yesterday but nothing for Russia. Interestingly enough, right in the middle of his tariff announcement, sanctions were lifted on the wife of one of Putins colleagues, without any explanation or warning. It’s all just pretty convenient…for Russia.

Ukraine war latest: US sanctions Russian firms but lifts sanctions on Putin ally's wife

Key developments on April 2: * US sanctions Russian firms but lifts sanctions on Putin ally's wife * US sanctions network supplying Houthis with stolen Ukrainian grain, Russian arms * Trump admin officials say ceasefire unlikely in coming months, Reuters reports * Russian negotiator to meet...

kyivindependent.com

Isn't the logic that these countries are already sanctioned so aren't doing any trade with the USA as it is. That said, they're not doing any trade with the Heard and McDonald Islands either and they got tariffed.

 

[Summerliz03]

Isn't the logic that these countries are already sanctioned so aren't doing any trade with the USA as it is. That said, they're not doing any trade with the Heard and McDonald Islands either and they got tariffed.

We actually are doing trade with Russia though, we did $2.5B in trade with them in 2024, with a deficit. Yet no tariffs.

Russia

ustr.gov

And just picking a random country, let’s say Botswana. We did $500M in trade with them in 2024, also with a deficit. And they got a 38% tariff!

Botswana

AGOA Status: Botswana is eligible for AGOA this year. It also qualifies for textile and apparel benefits. Trade Agreements: The U.S. and the Southern Africa Customs Union (SACU), which includes Botswana, signed a Trade, Investment, and Development Cooperative Agreement (TIDCA) in 2008.

ustr.gov

So we have a much higher deficit with Russia, yet they got no tariffs and actually got some sanctions lifted.

 

[otto]

f

His chapter in the history books is not going to be good, that's for sure.

imo

Trump's name will go down in history next to the architect who thinks that "chrome dome" is an architectural roof style.

 

[detective.moon]

Concerns in Sri Lanka (44 percent)

One of the countries hit hard is Sri Lanka. The South Asian island will face a 44 percent tariff. The country fell into a deep economic crisis in 2022: partly due to political mismanagement and the corona crisis, food prices rose and fuel became scarce. Under a new president, the economy actually began to pick up in recent months, but economist Dirk Willem te Velde fears that positive trend may now be broken.

“Sri Lanka is looking for a way out of the worst economic crisis since independence,” says Te Velde. He points out that currently a quarter of Sri Lanka's goods exports go to the US, about 4 billion euros. The main exports are clothing and diamonds. “And although many of Sri Lanka's competitors also face import tariffs, they are lower.”

[…]

The withholding of aid along with the increase in import tariffs has long-term implications not only for Sri Lanka itself, but also for its ties to the United States. “Sri Lanka has an important strategic location and cooperates with India, China and Russia, among others,” said Te Velde. Import tariffs therefore have implications for U.S. geopolitical influence in the region, he suspects.

AEX sluit 2,7 procent in de min • Canada slaat terug met importheffing van 25 procent op auto's

Wereldwijd reageren beurzen en regeringsleiders op de importheffingen die de regering-Trump invoert: minimaal 10 procent en in sommige gevallen rond de 50 procent.

nos.nl

 

[Sillybilly]

Please move over to Thread #4.

This thread is closed.