Canada - USA Trade War commencing March 2025 #3

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  • #921
The USA has the 3rd largest population in the world of 340 million people. They are primarily born and raised in the USA. I was stunned that, with such a large population, there were only 2 male senior citizens deemed capable of being president a few years ago. That didn't make sense to anyone.
RSBM
And the 2 male senior citizens were already showing signs of cognitive decline :(
 
  • #922
In 1848, Canada most certainly had a name. Canada.🇨🇦

Province of Canada, made up of Upper and Lower Canada. 🇨🇦

1867, Canadian Confederation, the uniting of provinces. 🇨🇦



1812

Yes, the name Canada comes from a settlement in Quebec, then New France. Upper and Lower Canada applied to Province of Canada (now two: Quebec and Ontario).

In 1867, the Canadian confederation encompassed four modern provinces: Quebec, Ontario, Nova Scotia and New Brunswick.

How Canada grew West, I still have to read, but I suspect both countries did it in parallel. (Travels were not that developed. Lewis and Clark expedition was a huge thing). Of course, Vancouver grew with Canadian Pacific Railroad and Seattle was just a port and a lumber city. Both expanded with the Gold Rush. The whole West Coast grew on it.
 
  • #923
  • #924
  • #925
"Donald Trump has said he would be willing to reduce tariffs on China to get a deal done with TikTok’s Chinese parent company ByteDance to sell the social media app used by 170 million Americans.

He acknowledged the role China would play in any agreement. “With respect to TikTok, and China is going to have to play a role in that, possibly in the form of an approval, maybe, and I think they’ll do that,” Trump told reporters on Wednesday. “Maybe I’ll give them a little reduction in tariffs or something to get it done,” he added.

Trump’s comment suggests the sale of TikTok’s is a priority for his administration and important enough to use tariffs as a bargaining chip with Beijing."

 
  • #926
As U.S. President Donald Trump’s decision on the next wave of tariffs approaches this week, Goldman Sachs anticipates that the White House’s aggressive tariff strategy could lead to higher inflation, increased unemployment, and nearly stagnant economic growth.

With the introduction of these trade measures, Goldman’s economic team, led by Jan Hatzius, forecasts significant negative effects on the U.S. economy .....

Following these developments, Goldman has raised the probability of a recession in the next 12 months to 35%, up from a previous 20% estimate.

Goldman Sachs Warns of Economic Strain in US as Trump’s Tariffs Loom
 
  • #927


( Goldman Sachs tends to understate, especially with awful news on the money markets.. )


According to the report, a recession is now a 35 per cent possibility, up from 20 per cent just a few weeks earlier.

IG market analyst Tony Sycamore said global markets listen to Goldman Sachs, with the report sending shares heavily in the red.

“When they put something out like that the markets sit up and take notice,” he said.
“At the very top line the idea of the US heading into a recession ends up creating mayhem. We have ‘liberation day’ coming out on Thursday.

US President Donald Trump has promised his reciprocal tariff plan on April 2 will include all nations, not just a smaller group of 10 to 15 that has the biggest trade imbalance with the United States.

“There’s this real concern that Trump is going to carry on and do what he is going to do, but the rest of the world is getting on with it,” he said.

“The risk is the US is backing itself into the corner. The world is becoming a more uncertain place and that is why the ASX 200 is slumping today.”
 
  • #928

( Marina Hyde, taking apart Vance's foray into 'Diplomacy' and ' Statesmanship' )

'''''
The overall context was Trump’s persistent claim that America must take Greenland, which is an autonomous region of Denmark. The original plan had been that Usha Vance would visit Greenlanders, apparently on the logic that the second lady would be an effective animatrice of colonial subjection; but none of them wanted to see her, and Greenland’s businesses refused to serve as a backdrop to photo ops or even to serve the uninvited Americans. So, instead, the US couples made a very quick visit to Pituffik space base. (Pete Hegseth, another group chatter, stayed home; but his wife was in the news as well, as an unorthodox participant in sensitive military discussions.)

At the base, in the far north of the island, the US visitors had pictures taken of themselves and ate lunch with servicemen and women. They treated the base as the backdrop to a press conference where they could say things they already thought; nothing was experienced, nothing was learned, nothing sensible was said. Vance, who never left the base, and has never before visited Greenland, was quite sure how Greenlanders should live. He made a political appeal to Greenlanders, none of whom was present, or anywhere near him. He claimed that Denmark was not protecting the security of Greenlanders in the Arctic, and that the US would. Greenland should therefore join the US.

It takes some patience to unwind all of the nonsense here.'''''''
 
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  • #929
The overall context was Trump’s persistent claim that America must take Greenland, which is an autonomous region of Denmark.

For starters, Greenland is not completely autonomous. No matter what Trump and Vance try to portray. You are right when you say that it takes some time to unwind all of their nonsense ... though they keep repeating it, so some are believing it.


Greenland is part of the Kingdom of Denmark but has wide-ranging autonomy, which was extended in 2009. However, this does not include foreign and security policy or currency policy.

Also .... "geopolitically the island is part of Europe."

 
  • #930


This was news to me, I had no idea that the USA had fallen so far behind in supplying ice breaker ships, on the grounds that global warming was a 'hoax'... how ideology can cause such nuttiness..

(from this article. . ) TWO ice breaker ships!!!. even Australia has one, and it has no ice at all!! South Africa has one, a beauty, too, and no ice , they have to travel a 1000 klms to ice... and the USA has only 2... astonishing stuff.. all this hoo haaa about Greenland, while mucking about with only 2 icebreaker ships is absurd..

"The US has fallen well behind its allies and its rivals in the Arctic, in part because members of Vance’s political party denied for decades the reality of global warming, which has made it hard for the US navy to persuade Congress of the need to commission icebreaker ships. The US only has two functional Arctic icebreakers; the Biden administration was intending to cooperate with Canada, which has some, and with Finland, which builds lots, in order to compete with Russia, which has the most.

That common plan would have allowed the US to surpass Russia in icebreaking capacity. This is one of countless examples of how cooperation with Nato allies benefits the US. It is not clear what will happen with that arrangement now that Trump and Vance define Canada, like Denmark, as a rival or even as an enemy. Presumably it will break down, leaving Russia dominant.
 
  • #931
...

This one says a lot about many Trump worshipers:

“90% of Icelanders want to be part of America, as we are the oldest and greatest country on earth”

....
RSBM,

Oh yay for those cuts to the Department of Education!! Maybe some geography and world history lessons would do.

Unreal; SMH.

IMO.
 
  • #932
As U.S. President Donald Trump’s decision on the next wave of tariffs approaches this week, Goldman Sachs anticipates that the White House’s aggressive tariff strategy could lead to higher inflation, increased unemployment, and nearly stagnant economic growth.

With the introduction of these trade measures, Goldman’s economic team, led by Jan Hatzius, forecasts significant negative effects on the U.S. economy .....

Following these developments, Goldman has raised the probability of a recession in the next 12 months to 35%, up from a previous 20% estimate.

Goldman Sachs Warns of Economic Strain in US as Trump’s Tariffs Loom
And Trump will blame all those negative consequences on Biden. His base will eat it up too.
 
  • #933
I take it that for his entire life Trump has found that anything can be had for a price.
 
  • #934
I take it that for his entire life Trump has found that anything can be had for a price.

If you haven't read Mary Trump's book ... you can always read some quotes from it. She has tried very hard to give people some insight about Trump's lack of understanding about civics (among other things). And how he was the face of business, his father actually pulled all the strings - till he died.

Mary L Trump
 
  • #935
Yes, the name Canada comes from a settlement in Quebec, then New France. Upper and Lower Canada applied to Province of Canada (now two: Quebec and Ontario).

In 1867, the Canadian confederation encompassed four modern provinces: Quebec, Ontario, Nova Scotia and New Brunswick.

How Canada grew West, I still have to read, but I suspect both countries did it in parallel. (Travels were not that developed. Lewis and Clark expedition was a huge thing). Of course, Vancouver grew with Canadian Pacific Railroad and Seattle was just a port and a lumber city. Both expanded with the Gold Rush. The whole West Coast grew on it.
It's interesting to look at historic maps of Canada, because it's easier to understand that Trump's remarks about Canada's South border being an "arbitrary line drawn on the map" are complete nonsense.

Aside from changes in name, Canada has been British territory since at least 1783, and has been Canada since 1867. In fact, it looks like Canada has always been a larger country than the USA. There is nothing to suggest that the South border of Canada was not based on British and Spanish territorial borders.

I had no idea that the USA originally belonged to Spain, and was settled by the Spaniards! If anything, the border between the USA and Mexico is arbitrary.


 

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  • #936
"Donald Trump has said he would be willing to reduce tariffs on China to get a deal done with TikTok’s Chinese parent company ByteDance to sell the social media app used by 170 million Americans.

He acknowledged the role China would play in any agreement. “With respect to TikTok, and China is going to have to play a role in that, possibly in the form of an approval, maybe, and I think they’ll do that,” Trump told reporters on Wednesday. “Maybe I’ll give them a little reduction in tariffs or something to get it done,” he added.

Trump’s comment suggests the sale of TikTok’s is a priority for his administration and important enough to use tariffs as a bargaining chip with Beijing."

The USA government wants to control social media and AI. Musk owns twitter and is partnering with AI, add tik tok, and then the USA government controls global propaganda and messaging.

We need another new wave of social media platforms that are not for sale to the USA government - something to combat government control of social media.
 
  • #937
If you haven't read Mary Trump's book ... you can always read some quotes from it. She has tried very hard to give people some insight about Trump's lack of understanding about civics (among other things). And how he was the face of business, his father actually pulled all the strings - till he died.

Mary L Trump
She also has a YouTube channel that I quite enjoy. She is smart, funny and well informed IMO. It's called Mary Trump Media.
 
  • #938


( Goldman Sachs tends to understate, especially with awful news on the money markets.. )


According to the report, a recession is now a 35 per cent possibility, up from 20 per cent just a few weeks earlier.

IG market analyst Tony Sycamore said global markets listen to Goldman Sachs, with the report sending shares heavily in the red.

“When they put something out like that the markets sit up and take notice,” he said.
“At the very top line the idea of the US heading into a recession ends up creating mayhem. We have ‘liberation day’ coming out on Thursday.

US President Donald Trump has promised his reciprocal tariff plan on April 2 will include all nations, not just a smaller group of 10 to 15 that has the biggest trade imbalance with the United States.

“There’s this real concern that Trump is going to carry on and do what he is going to do, but the rest of the world is getting on with it,” he said.

“The risk is the US is backing itself into the corner. The world is becoming a more uncertain place and that is why the ASX 200 is slumping today.”
BBM

Trade imbalance - that's where and why Trump is imposing tariffs. The USA has the 3rd largest population on the planet, so the USA needs a lot of stuff from other countries. If the population was smaller, the trade imbalance would be smaller.

Perhaps the solution to Trump's trade imbalance is population control.
 
  • #939

( Marina Hyde, taking apart Vance's foray into 'Diplomacy' and ' Statesmanship' )

'''''
The overall context was Trump’s persistent claim that America must take Greenland, which is an autonomous region of Denmark. The original plan had been that Usha Vance would visit Greenlanders, apparently on the logic that the second lady would be an effective animatrice of colonial subjection; but none of them wanted to see her, and Greenland’s businesses refused to serve as a backdrop to photo ops or even to serve the uninvited Americans. So, instead, the US couples made a very quick visit to Pituffik space base. (Pete Hegseth, another group chatter, stayed home; but his wife was in the news as well, as an unorthodox participant in sensitive military discussions.)

At the base, in the far north of the island, the US visitors had pictures taken of themselves and ate lunch with servicemen and women. They treated the base as the backdrop to a press conference where they could say things they already thought; nothing was experienced, nothing was learned, nothing sensible was said. Vance, who never left the base, and has never before visited Greenland, was quite sure how Greenlanders should live. He made a political appeal to Greenlanders, none of whom was present, or anywhere near him. He claimed that Denmark was not protecting the security of Greenlanders in the Arctic, and that the US would. Greenland should therefore join the US.

It takes some patience to unwind all of the nonsense here.'''''''
Trump and Vance are playing with fear-mongering that works so well in the USA, but I doubt Greenlanders are that gullible.

The Russians are coming!!! The Chinese are coming!!! Run, hide. Denmark is failing you, Denmark hasn't looked after you. Denmark cannot protect you, they are bad, unfair, nasty.

The USA is going to save Greenlanders from the Russians, the Chinese and that nasty Kingdom of Denmark.

As usual, the USA has no understanding of other cultures.
 
  • #940


This was news to me, I had no idea that the USA had fallen so far behind in supplying ice breaker ships, on the grounds that global warming was a 'hoax'... how ideology can cause such nuttiness..

(from this article. . ) TWO ice breaker ships!!!. even Australia has one, and it has no ice at all!! South Africa has one, a beauty, too, and no ice , they have to travel a 1000 klms to ice... and the USA has only 2... astonishing stuff.. all this hoo haaa about Greenland, while mucking about with only 2 icebreaker ships is absurd..

"The US has fallen well behind its allies and its rivals in the Arctic, in part because members of Vance’s political party denied for decades the reality of global warming, which has made it hard for the US navy to persuade Congress of the need to commission icebreaker ships. The US only has two functional Arctic icebreakers; the Biden administration was intending to cooperate with Canada, which has some, and with Finland, which builds lots, in order to compete with Russia, which has the most.

That common plan would have allowed the US to surpass Russia in icebreaking capacity. This is one of countless examples of how cooperation with Nato allies benefits the US. It is not clear what will happen with that arrangement now that Trump and Vance define Canada, like Denmark, as a rival or even as an enemy. Presumably it will break down, leaving Russia dominant.
That's interesting. During Trump's interview with Mark Rutte, he claimed that he had, or had ordered, 48 icebreakers, and that Canada wants 16 of them. Then he went into a rant about how Canada is always ripping off the USA, so Canada has to pay for those non-existent icebreakers.

Trump's goal in the meeting was to drag NATO into Trump's plans to steal Canada from Canadians, and to steal Greenland from Greenlanders and the Kingdom of Denmark. Mark Rutte said he was not going to discuss NATO with Trump. The left Trump shouting at the wind.
 
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