Canadian tariffs announced


Hoid
#1
JUst watching the Minister speaking from Hamilton and she announced $16.6 billion in tariffs on American goods.They are on two lists - one at 25% and one at 10%

these counter measures are necessitated by an illegal American tariff - which was raised to combat the national security threat that Canada poses to America.

So all that's left is to see how long they remain in place.

But pretty much everything just got a lot more expensive.

Will post a list here of the goods if i see one online - she's talking
 
EagleSmack
+3
#2  Top Rated Post
Yogurt, Coffee, Toilet Paper, sleeping bags...

You got us... we're doomed!


*snicker*
 
Ocean Breeze
Free Thinker
#3
Canada to announce final tariff list, aid package for steel and aluminum workers Friday

https://www.ctvnews.ca/politics/cana...iday-1.3992961
 
Twin_Moose
Conservative
#4
The full list of 229 US products targeted by Canada’s retaliatory tariffs
 
Hoid
#5
lol ketchup

that's there for Heinz shutting down in Ontario.
 
coldstream
+1
#6
It's a scatteshot approach, aimed at trying to influence swing states in the American election. A futile prospect by a PM without any imagination, vision, foresight or sense of national identity.

The world is moving away from Global Free Markets. That is certain. They have failed. Rather than trying to rig the American electoral opinion, which is bound to backfire big time, we should be developing a long term economic plan of promoting a national, integrated, sovereign, industrial and agricultural economy in areas where we have strong natural resources or vital domestic markets. That requires permanent planned tariffs, renationalization of the currency, and targeted investment and credit.

It's all beyond Justin. His mind is with the stoners, homosexuals, feminists. It's all that really matters to this effeminate little twit, creating his Global Woodstock.
 
Hoid
#7
almost about the elections??

lets have the approach that you would have taken.

certainly anyone who commits so many words day after day complaining about how things are must have a clear idea of how they should be.

and since Trudeau is taking the same approach as every other nation on Earth your suggestions could go global.
 
Hoof Hearted
#8
Whenever I read coldstream, I imagine a concert pianist's manager mixing up his gigs and having him perform in a whorehouse.
 
Bar Sinister
No Party Affiliation
+1
#9
Quote: Originally Posted by coldstream View Post

It's a scatteshot approach, aimed at trying to influence swing states in the American election. A futile prospect by a PM without any imagination, vision, foresight or sense of national identity.


That might be true if only Canada was doing it, but the same technique is being used by the EU, China, and every other nation Trump has raised tariffs on.
 
Ocean Breeze
Free Thinker
#10
Quote:

It's a scatteshot approach, aimed at trying to influence swing states in the American election. A futile prospect by a PM without any imagination, vision, foresight or sense of national identity.

........so What would YOUR plan be , to deal with the situation and that would meet the criteria you mention.??
 
Curious Cdn
No Party Affiliation
#11
Our "scatterhot" approach is part of a larger campaign with many other entities doing their own "scattershots". The ultimate effect will be trashed economies all over and maybe a planetary recession when trade drops off all over. It's all a pointless "art of the deal" boondoggle.
 
Danbones
Free Thinker
+1
#12
It's called being to freakin' stupid to negotiate like adults...

It's a trumphating communistnaziglobalist shortcoming

get used to it.

These idiot retarded dum ass3s are here to stay by their own decree apparently.
 
Twin_Moose
Conservative
#13
The new tariffs are on top of the old tarrifs here is a partial list

From ketchup to copper coffins, here are some of the bizarre tariffs Canada slaps on the rest of the world
 
Hoid
#14
https://www.cnn.com/2018/07/11/polit...ote/index.html

senate votes 88-11 against Trump using national defense as a reason for the Canadian tariffs.

apparently the constitution says that the president must gets congressional approval to invoke national defense tariff.

oh well. When has the constitution ever mattered to Trump? (except the 2nd amendment of course)
 
Twin_Moose
Conservative
#15
If that is the case why are the tariffs still on?
 
Hoid
#16
What do you mean if?
 
Twin_Moose
Conservative
#17
You say they have the power so if they do why are there still tariffs?
 
Hoid
#18
What power did I say they had?
 
Twin_Moose
Conservative
#19
Quote: Originally Posted by Hoid View Post

What power did I say they had?

Quote:

apparently the constitution says that the president must gets congressional approval to invoke national defense tariff.

If that is the case the tariffs should already be off
 
Hoid
#20
Wouldn't this just be the first step in a longer process that either upholds or invalidates the tariff?
 
Twin_Moose
Conservative
#21
I thought you said it had to be voted on by the congress so it should be null and void shouldn't it?
 
Hoid
#22
Perhaps your understanding of constitutional democracy is imperfect?
 
Twin_Moose
Conservative
#23
So you are saying that Trump is right and the congress is wrong? Because the Tariffs are still there
 
Hoid
#24
I am saying that the senate voted 88-11 against Trump invoking national defense to raise a tariff - without congressional approval.
 
Walter
#25
Turdoh Liberals botched NAFTA negotiations
https://torontosun.com/opinion/colum...a-negotiations

http://m.youtube.com/watch?v=k5VZjT0JE70
 
Twin_Moose
Conservative
#26
Stelco shares climb as tariffs downplayed

Quote:

Shares of Stelco Holdings Inc. climbed more than 10 per cent Wednesday in mid-afternoon trading after the company downplayed expected impacts of U.S. tariffs as it shifts focus further into the Canadian market.
The Hamilton-based steel producer paid about $39 million in tariffs in the third quarter, but Stelco chief executive Alan Kestenbaum said in an earnings conference that he expects that to drop in the fourth quarter.
"In Q4 we will already see a meaningful drop in tariff costs," he said.
He said the company will look to shift its current 24 per cent of production exposed to U.S. tariffs closer to zero by selling more into the Canadian market.
Those efforts have been helped by Canada's retaliatory tariffs on U.S. producers, and Stelco's investments to expand product offerings and fill voids in the Canadian market created by those retaliations.
The renegotiated North American trade deal could also leave the company better off, said Kestenbaum.
"I believe as a result of the new NAFTA, or USMCA, it is quite possible that the Canadian industrial markets we serve will actually improve its competitiveness and expand, giving us even more demand than just the void left by the retreating supply from the targeted sources."
The bullish stance of tariff impacts helped push the company's share price up $1.83 or 10.1 per cent to $19.88 in mid-afternoon trading on the Toronto Stock Exchange.
Kestenbaum said the company is also looking to create more value on the real estate side. Stelco bought more than 1,200 hectares of land in June, including nearly 324 hectares in the Toronto-Hamilton area.
"Strategically, we are continuing to advance our efforts to maximize value of our assets," he said.
"During the third quarter, we advanced in our strategy to see that land developed for its highest and best purpose by starting to hire experts in real estate development, developing a master plan for land development and beginning to market some of our vacant buildings to the very hot Greater Toronto industrial market."
After market close on Tuesday, the company had reported adjusted earnings of $135 million or $1.52 per share, compared with analyst expectations of $164 million or $1.54 per share according to Thomson Reuters Eikon.
Revenue came in at $619 million, an 84 per cent increase from the $336 million it pulled in for the same quarter last year as volumes shipped surged more than 42 per cent to 586 million tons.
Stelco says higher prices helped offset tariff costs, as its average selling price was $980 per net ton, up from $793 per net ton for the same quarter last year
.

 
JamesBondo
#27
. . . . .
 

Similar Threads

223
Trump’s tariffs are already backfiring
by mentalfloss | Dec 11th, 2019
17
One possible plus to Trump's tariffs.
by White_Unifier | Jun 17th, 2018
15
Tariffs are taxes
by Hoid | Apr 6th, 2018