Canada - USA Trade War commencing March 2025

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  • #921
Anyone that has a 401k or similar retirement funds should be extremely concerned. I am currently on a 2 day wait list to speak/meet with my financial advisor.
 
  • #922
Everyone expects the USA government to be truthful. The USA government has repeatedly stated, over months, that the USA does not need anything from Canada.

If that is true, why is the USA government having a full blown meltdown that Ontario has changed the price of electricity? What difference does it make since the USA needs nothing from Canada?

Is the USA government lying?
 
  • #923
Anyone that has a 401k or similar retirement funds should be extremely concerned. I am currently on a 2 day wait list to speak/meet with my financial advisor.

Coupled with the threats to Social Security, Medicare, and Medicaid, this is looking to be a very difficult financial time for seniors in the US.

It is especially grim for seniors in nursing homes or care homes when Medicaid funds are reduced.
 
  • #924
Trump does not know how to negotiate a win-win scenario. He a bully who can never back down.

Who in the US would make any large purchase like a vehicle, a new home, an RV, a boat? Average people will be halting vacations and modifying travel plans.
 
  • #925
This is all a mess. A great big, self-inflicted, needless mess.
 
  • #926
This is all a mess. A great big, self-inflicted, needless mess.

AND it is all done by Executive Order, outside of the advisement of Congressional scrutiny and leadership.
 
  • #927
WASHINGTON, March 11 (Reuters) - President Donald Trumpon Tuesday doubled his planned tariffs on all imports of steel and aluminum products from Canada to 50%, in response to the province of Ontario's decision to place a 25% tariff on its electricity exports to the U.S.
Trump said in a post on his Truth Social media platform that he has instructed his commerce secretary to add an additional 25% tariff on the metals products that will go into effect on Wednesday morning.

Trump takes aim at Canada with doubled tariffs on metals

I'm curious if this has anything to do with his upcoming deal with Ukraine.
 
  • #928
This is all a mess. A great big, self-inflicted, needless mess.
It's another Russia and Ukraine problem. The USA thinks it can waltz over to Canada, declare ownership, and Canadians will say yes. As a ridiculous carrot, the USA government declared that Canadians would pay lower taxes. What stupidity!

Canadians would automatically pay lower taxes if we eliminate national health care. Done. Now Canadians pay less without any input from foreign countries.

Since Canadians are saying no, just like Ukraine, the USA government has two options: stop the nonsense, or get mad. It looks like the government is getting madder and madder because Canada is not making it easy for the USA government to look like big shot.
 
  • #929
AND it is all done by Executive Order, outside of the advisement of Congressional scrutiny and leadership.
What's the point of having a government when a realtor and a car salesman are running the country? It seems like those two men have spent a lot of time dreaming of world domination, but neither was able to sort out the logistics.
 
  • #930
I came across this on social media. Anyone know what exactly it is?

H.R.1936 - To prohibit funds for the Armed Forces to engage in operations to invade or seize territory from Canada, the Republic of Panama, or the self-governing territory of Greenland.

I found more about it.
A new bill introduced to the United States House of Representatives would withhold federal funding for any American “operations to invade or seize territory from” Canada, Panama or Greenland -- unless Congress agrees to it first, that is.

Introduced Thursday by Rhode Island Rep. Seth Magaziner, the No Invading Allies Act would require U.S. President Donald Trump to seek a formal declaration of war, congressional approval or proof of a “national emergency created by attack or imminent threat of attack” to authorize offensive military action against the places mentioned above.
“Congress has allowed Presidents to engage in temporary hostilities for up to 60 days without Congressional approval,” reads a Thursday release from Magaziner’s office. “However, President Trump’s reckless rhetoric on territorial expansion makes clear that he cannot be trusted with unchecked war powers.”
U.S. Congress bill aims to prevent funding of invasion of Canada
 
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  • #931

Trump says Canada will pay big 'financial price'

Trump writes: "Why would our Country allow another Country to supply us with electricity, even for a small area?"

"Can you imagine Canada stooping so low as to use ELECTRICITY, that so affects the life of innocent people, as a bargaining chip and threat?

"They will pay a financial price for this so big that it will be read about in History Books for many years to come!"


Trump is one sandwich short of a picnic imo
 
  • #932
  • Confronting Canada: President Trump said in a social media post on Tuesday morning that he would impose an additional 25 percent tariff on Canadian steel and aluminum, doubling the levies he planned to put in place on Wednesday, and reiterated his notion that Canada should be part of the United States. He framed such an outcome as inevitable: “The artificial line of separation drawn many years ago will finally disappear,” he wrote. Read more ›

Trump Live Updates: Stock Market News, Canada Tariffs and More


With a potential government shutdown ahead, President Donald Trump and Vice President JD Vance are reaching out to House Republicans to get a spending bill across the line before a Friday shutdown deadline.

Meanwhile, all eyes are on U.S. stocks after suffering losses on Monday as markets reacted to Trump's refusal to rule out a possible recession amid an escalating global trade war.
Trump 2nd term live updates: Trump, Vance lobby GOP as government shutdown looms
 
  • #933

Trump says Canada will pay big 'financial price'

Trump writes: "Why would our Country allow another Country to supply us with electricity, even for a small area?"

"Can you imagine Canada stooping so low as to use ELECTRICITY, that so affects the life of innocent people, as a bargaining chip and threat?

"They will pay a financial price for this so big that it will be read about in History Books for many years to come!"


Trump is one sandwich short of a picnic imo
It's the typical response from USA government supporters as well. They cheer that the USA is warring against Canada. That is followed by threats that Canada better not react.

The USA government is using food as a bargaining chip with Canada, but apparently that's not a problem for the federal government. Depriving people of food is okay, depriving them of turning on the lights is not okay.

The USA government is so predictable. They knew a month ago that lurching tariffs would trigger a response from Canada. As soon as Canada does respond, there's the silly USA government sitting there pretending to be innocent victims. Some people in the USA are so out-to-lunch that they think the war hasn't yet started, even though it started a month ago.
 
  • #934
Everyone expects the USA government to be truthful. The USA government has repeatedly stated, over months, that the USA does not need anything from Canada.

If that is true, why is the USA government having a full blown meltdown that Ontario has changed the price of electricity? What difference does it make since the USA needs nothing from Canada?

Is the USA government lying?

Exactly! Why bleat about it if we don't need Canada. Let's just cut bait and move along.

No? Why not?
 
  • #935
It's the typical response from USA government supporters as well. They cheer that the USA is warring against Canada. That is followed by threats that Canada better not react.

The USA government is using food as a bargaining chip with Canada, but apparently that's not a problem for the federal government. Depriving people of food is okay, depriving them of turning on the lights is not okay.

The USA government is so predictable. They knew a month ago that lurching tariffs would trigger a response from Canada. As soon as Canada does respond, there's the silly USA government sitting there pretending to be innocent victims. Some people in the USA are so out-to-lunch that they think the war hasn't yet started, even though it started a month ago.

Exactly right. So when we push back by responding in kind, suddenly we're the aggressors. Then Trump can increase his tariffs and when we respond in kind he can justify harsher measures, or justify a war against us.

Was just reading this. Only this moron's government would require a 'No Invading Allies Act'.

House Democrats have launched an effort to bar President Donald Trump from unilaterally moving to "invade or seize territory" from Greenland, Canada and Panama.

The measure, known as the No Invading Allies Act and spearheaded by Rep. Seth Magaziner, D-R.I., bars funding from going toward the armed forces to engage in operations seeking to take over Greenland, Canada and Panama.

Magaziner said Trump’s "reckless" rhetoric about obtaining territory from the three countries makes the president untrustworthy with the war powers granted to him.
Dem seeks to halt Trump from 'invading' Greenland, Canada and Panama
 
  • #936

Trump says Canada will pay big 'financial price'

Trump writes: "Why would our Country allow another Country to supply us with electricity, even for a small area?"

"Can you imagine Canada stooping so low as to use ELECTRICITY, that so affects the life of innocent people, as a bargaining chip and threat?

"They will pay a financial price for this so big that it will be read about in History Books for many years to come!"


Trump is one sandwich short of a picnic imo

This is a financial transaction, not a military action.

The three northeastern US states will still have electricity, it will just cost more.

Much like the groceries in our stores from his stupid Mexico tariffs, and the cost of lumber from Canada.

He is blowing this up into a terrifying situation in the markets and the financial status on those on fixed incomes. However his rich billionaire friends have already placed their bets on the market and won't feel a thing.

OH- and he is going to make a big stink about buying (another) Tesla to support his ketamine-addicted buddy Elon because no one wants his cars due to his neglect of the brand and the true competition from other EV producers.

I wonder how US car makers feel about Trump making such a big deal about Tesla when he has knocked the feet out from under the major US car manufacturers. How do you feel about Trump touting Tesla if you work for Ford, or GM, or Dodge? Must be very uncomfortable to support Trump when your job hours are gettting cut short because because of the cost of imported steel and parts having increased because HE instituted the inflation-causing tariffs.
 
  • #937
It's the typical response from USA government supporters as well. They cheer that the USA is warring against Canada. That is followed by threats that Canada better not react.

The USA government is using food as a bargaining chip with Canada, but apparently that's not a problem for the federal government. Depriving people of food is okay, depriving them of turning on the lights is not okay.

The USA government is so predictable. They knew a month ago that lurching tariffs would trigger a response from Canada. As soon as Canada does respond, there's the silly USA government sitting there pretending to be innocent victims. Some people in the USA are so out-to-lunch that they think the war hasn't yet started, even though it started a month ago.
yeah, frustrating. Trump announces plans to penalize Canada with tariffs. Canada responds with promise to enact their own tariffs (tit meet tat) then Trump stays his intended tariffs temporarily and Canada, rather than stay theirs, moves forward, following through on their threat. Canada met his bluff but somehow THEY are the bad guys. GMAFB. :rolleyes: How dare they not vacillate when facing Trump's threats.
 
  • #938
Coupled with the threats to Social Security, Medicare, and Medicaid, this is looking to be a very difficult financial time for seniors in the US.

It is especially grim for seniors in nursing homes or care homes when Medicaid funds are reduced.

Yes. They keep talking about the stock market tanking on the news. What they are not saying is that the people who will be most affected are not concerned about the stock market. They are concerned about keeping the roof over their head and food on their table, living from paycheck to paycheck or monthly benefit.

People who have enough money to even be in the stock market are not the most vulnerable victims of this. They are the ones who 'might feel a little pain'. The others won't be 'feeling a little pain'. They will be decimated.

Seniors
Children
Disabled
 
  • #939
AND it is all done by Executive Order, outside of the advisement of Congressional scrutiny and leadership.

Some of those Executive Orders aren't worth the paper they're written on. It's the first time I've ever seen a POTUS use them to stage drama.

Comparing Trump now to the Trump of 4 years ago, I really wonder about the state of his mental / emotional / cognitive health. His increasingly erratic behavior and rigid, illogical rants seem like some form or stage of dementia or the side effect of some medication, etc. I'm not a health care professional, but something is really wrong with him. JMO
 
  • #940
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