Understood, but Mexico's the important one. After we get that together, we'll have everything down to Colombia in a couple of weeks. The Caribbean soon after. Probably the hardest part will be the British VI.
The Tarriff Hype.
- Thread starter petros
- Start date
UK and Aussies would benefit too. BRICS is a huge threat that few understand.
The North American Union has been predicted for decades. U.S./Canada is the obvious start. Similar origin, similar history, similar government, same language.
The language problem will be a thing with Mexico, but less now than ever before. 80% of the internet is in English, which will have inevitable effect (even more inevitable through being largely voluntary). The advantages of spreading Northern economic prosperity down Central America and into the Caribbean is obvious to the people who matter.
The language problem will be a thing with Mexico, but less now than ever before. 80% of the internet is in English, which will have inevitable effect (even more inevitable through being largely voluntary). The advantages of spreading Northern economic prosperity down Central America and into the Caribbean is obvious to the people who matter.
Close alliance for sure, but we already have that. Distances might be too much for a single country, but if we bail on the UN, I can see the possibility of a union of English-speaking states, kinda like the EU.
Globalism died 3 years ago when Putin invade more of Ukraine. Trade and currency cover the distance. The freedom of movement not so much. Ever since Brexit UK has been pushing for a Commonwealth pact but this would work too.
Its become obvious that US is going isolationistic but offering alliances in doing so.
We'll see.
Sure. Call it what you will, Commonwealth, Union, Liars' Club, whatever. Hate to admit it, but the Brits made it possible with their colonialism. Eventually South America will do the same, though the language difference with Brazil will make it tough.
Tariffs kick in and all them Trump supporters are going to realize they've been duped, hugely.
Maybe we'll learn from them by the time our election comes.
Small chance though, we also seem to like to raise the shotgun to our faces and pull the trigger.
Maybe we'll learn from them by the time our election comes.
Small chance though, we also seem to like to raise the shotgun to our faces and pull the trigger.
We are their crack dealers. If they want to demand the price of crack to go down 25% it makes them cheap crackheads.
U.S. President Donald Trump said he will impose 25 per cent tariffs on goods from Canada and Mexico on Feb. 1 – levies that threaten to deliver massive economic shocks to two of the United States' biggest trading partners.
(Mr. Trump however said Canadian oil “might” be exempted from the tariffs, and he would make a decision by end of day Thursday…but Shhhh…& he didn’t announce that decision)
The U.S. President cited three reasons for this unprecedented action: illegal migration and smuggling of fentanyl into the United States from Canada and Mexico, as well as…
…as well as imbalances in trade between the United States and these two countries.
(Mr. Trump however said Canadian oil “might” be exempted from the tariffs, and he would make a decision by end of day Thursday…but Shhhh…& he didn’t announce that decision)
The U.S. President cited three reasons for this unprecedented action: illegal migration and smuggling of fentanyl into the United States from Canada and Mexico, as well as…
…as well as imbalances in trade between the United States and these two countries.
These industries would be hit hardest by Trump’s 25 per cent tariffs
Author of the article:Canadian Press
Canadian Press
Catherine Morrison
Published Jan 29, 2025 • 2 minute read
OTTAWA — U.S. President Donald Trump could be just days away from hitting Canada with punishing tariffs. Here’s a look at the industries that would be hit the hardest.
Statistics Canada says the value of Canadian exports to the United States in 2023 exceeded $594 billion. More than 43 per cent of that came from just six industries: oil and gas extraction, oil and gas refining, auto manufacturing, aluminum production and processing, aerospace and crop and animal production.
A 25 per cent tariff applied across the board would increase the cost of those exports by $148.5 billion.
The U.S. is by far Canada’s largest trading partner. While Canada’s total exports to the U.S. from all industries came to $594 billion in 2023, its total exports to all other countries combined reached only $174 billion — meaning more than 77 per cent of all Canadian exports went to the U.S.
1. Non-oilsands oil and gas extraction
Total U.S. exports in 2023: $143 billion.
U.S. exports as share of total exports: 97 per cent.
Provincial breakdown of U.S. exports: $121.6 billion from Alberta, $11.7 billion from Saskatchewan, $6.8 billion from Newfoundland and Labrador, $6.7 billion from British Columbia.
Estimated additional cost of 25 per cent tariffs: $35.8 billion.
2. Automobile and light-duty motor vehicle manufacturing
Total U.S. exports in 2023: $53 billion.
U.S. exports as share of total exports: 96 per cent.
Provincial breakdown of U.S. exports: $52.5 billion from Ontario, $24 million from Quebec, $17 million from Alberta.
Estimated additional cost of 25 per cent tariffs: $13.3 billion.
3. Canadian petroleum refineries
Total U.S. exports: $23 billion
U.S. exports as a share of total exports: 85 per cent.
Provincial breakdown of U.S. exports: $10.1 billion from New Brunswick, $6 billion from Alberta, $3.7 billion from Quebec, $2.4 billion from Ontario.
Estimated additional cost of 25 per cent tariffs: $5.8 billion.
4. Crop and animal production
Total U.S. exports: $13.1 billion
U.S. exports as a share of total exports: 32 per cent.
Provincial breakdown of U.S. exports: $4.7 billion from Ontario, $1.9 billion from Alberta, $1.8 billion from Saskatchewan, $1.4 billion from British Columbia, $1.2 billion from Quebec, $1.2 billion from Manitoba.
Estimated additional cost of 25 per cent tariffs: $3.3 billion.
5. Aluminum production and processing
Total U.S. exports: $12.8 billion.
U.S. exports as a share of total exports: 93 per cent.
Provincial breakdown of U.S. exports: $9.8 billion from Quebec, $2 billion from Ontario, $915 million from British Columbia.
Estimated additional cost of 25 per cent tariffs: $3.2 billion.
6. Aerospace production and parts
Total U.S. exports: $12.8 billion
U.S. exports as a share of total exports: 67 per cent
Provincial breakdown of U.S. exports: $8.8 billion from Quebec, $3.2 billion from Ontario, $374 million from Manitoba.
Estimated additional cost of 25 per cent tariffs: $3.2 billion.
torontosun.com
Author of the article:Canadian Press
Canadian Press
Catherine Morrison
Published Jan 29, 2025 • 2 minute read
OTTAWA — U.S. President Donald Trump could be just days away from hitting Canada with punishing tariffs. Here’s a look at the industries that would be hit the hardest.
Statistics Canada says the value of Canadian exports to the United States in 2023 exceeded $594 billion. More than 43 per cent of that came from just six industries: oil and gas extraction, oil and gas refining, auto manufacturing, aluminum production and processing, aerospace and crop and animal production.
A 25 per cent tariff applied across the board would increase the cost of those exports by $148.5 billion.
The U.S. is by far Canada’s largest trading partner. While Canada’s total exports to the U.S. from all industries came to $594 billion in 2023, its total exports to all other countries combined reached only $174 billion — meaning more than 77 per cent of all Canadian exports went to the U.S.
1. Non-oilsands oil and gas extraction
Total U.S. exports in 2023: $143 billion.
U.S. exports as share of total exports: 97 per cent.
Provincial breakdown of U.S. exports: $121.6 billion from Alberta, $11.7 billion from Saskatchewan, $6.8 billion from Newfoundland and Labrador, $6.7 billion from British Columbia.
Estimated additional cost of 25 per cent tariffs: $35.8 billion.
2. Automobile and light-duty motor vehicle manufacturing
Total U.S. exports in 2023: $53 billion.
U.S. exports as share of total exports: 96 per cent.
Provincial breakdown of U.S. exports: $52.5 billion from Ontario, $24 million from Quebec, $17 million from Alberta.
Estimated additional cost of 25 per cent tariffs: $13.3 billion.
3. Canadian petroleum refineries
Total U.S. exports: $23 billion
U.S. exports as a share of total exports: 85 per cent.
Provincial breakdown of U.S. exports: $10.1 billion from New Brunswick, $6 billion from Alberta, $3.7 billion from Quebec, $2.4 billion from Ontario.
Estimated additional cost of 25 per cent tariffs: $5.8 billion.
4. Crop and animal production
Total U.S. exports: $13.1 billion
U.S. exports as a share of total exports: 32 per cent.
Provincial breakdown of U.S. exports: $4.7 billion from Ontario, $1.9 billion from Alberta, $1.8 billion from Saskatchewan, $1.4 billion from British Columbia, $1.2 billion from Quebec, $1.2 billion from Manitoba.
Estimated additional cost of 25 per cent tariffs: $3.3 billion.
5. Aluminum production and processing
Total U.S. exports: $12.8 billion.
U.S. exports as a share of total exports: 93 per cent.
Provincial breakdown of U.S. exports: $9.8 billion from Quebec, $2 billion from Ontario, $915 million from British Columbia.
Estimated additional cost of 25 per cent tariffs: $3.2 billion.
6. Aerospace production and parts
Total U.S. exports: $12.8 billion
U.S. exports as a share of total exports: 67 per cent
Provincial breakdown of U.S. exports: $8.8 billion from Quebec, $3.2 billion from Ontario, $374 million from Manitoba.
Estimated additional cost of 25 per cent tariffs: $3.2 billion.
These industries would be hit hardest by Trump’s 25 per cent tariffs
U.S. President Donald Trump could be just days away from hitting Canada with punishing tariffs.
Trump’s pick for commerce says president’s tariff threat could be just the beginning
Author of the article:Canadian Press
Canadian Press
Kelly Geraldine Malone
Published Jan 29, 2025 • Last updated 1 day ago • 4 minute read
WASHINGTON — The man U.S. President Donald Trump has chosen to oversee his tariff agenda says hitting Canada with 25 per cent across-the-board duties would be an emergency measure to achieve border security — and could be followed by more tariffs in the future.
During Wednesday’s Senate hearing on his nomination to lead the U.S. Department of Commerce, billionaire financier Howard Lutnick said the plan to impose duties on Canada and Mexico is distinct from Trump’s long-term tariff plans.
He said the threatened 25 per cent tariff is not a “tariff per se” but a type of domestic policy meant to force America’s neighbours to take action at the borders.
“You know that the labs in Canada are run by Mexican cartels. This tariff model is simply to shut their borders … Respect America,” Lutnick said Wednesday.“If we are your biggest trading partner, show us the respect. Shut your border and end fentanyl coming into this country.”
The number of people and drugs crossing illegally into the United States from Canada is minuscule compared to the volume crossing the United States’ southern border, a point Canadian Public Safety Minister David McGuinty made repeatedly in a news conference in Ottawa following Lutnick’s remarks.
Ottawa responded to Trump’s initial threat with a $1.3-billion border security plan and some provinces have separately boosted border enforcement. But the president has since expanded his complaints about Canada far beyond border security.
Lutnick said he believes Canada and Mexico are “acting swiftly” on border security “and if they execute it, there will be no tariff and if they don’t, then there will be.”
The White House press secretary said Tuesday that Trump was still considering implementing the tariffs on Saturday.
McGuinty said the federal government takes Lutnick’s comments seriously and it’s important to remind Trump’s team how far Canada has come on border security. He is travelling to Washington on Thursday to share that message directly with American officials.
“I’m quite convinced that the evidence that’s being presented to the administration will break through,” McGuinty said in Ottawa.
During Wednesday’s confirmation hearing, Lutnick was asked about the possible impacts of the tariffs on manufacturing and automotive industries. His answer suggested that even if Canada avoids the threatened border-related duties, it could still face tariffs in the near future following a multi-agency study of trade practices and deficits ordered by Trump.
Trump signed an executive action that, among other things, directs the secretary of commerce and the secretary of homeland security to assess migration and fentanyl flows from Canada, Mexico and China, and to recommend “appropriate trade and national security measures to resolve that emergency.”
It also instructs the U.S. trade representative to start consultations on the Canada-U.S.-Mexico Agreement.
Trump’s executive action says the report on trade with Canada is not due until April 1.
Lutnick said he prefers tariffs on entire countries, rather than on specific products. He said across-the-board tariffs “create reciprocity, fairness and respect.”
“My way of thinking, and I’ve discussed this with the president, is country by country, macro. Let America make it more fair,” Lutnick said. “We are treated horribly by the global trading environment. They all have higher tariffs, non-tariff trade barriers and subsidies. They treat us poorly.”
Canadian officials say they remain focused on thwarting the immediate tariff threat. Foreign Affairs Minister Melanie Joly was back in Washington, D.C., Wednesday and met with U.S. Secretary of State Marco Rubio and North Dakota Sen. Kevin Cramer, who is co-chair of the American-Canadian Economy and Security Caucus.
It’s Joly’s fifth visit to the U.S. since last November’s presidential election — part of her efforts to convince American lawmakers that imposing tariffs on Canada would run counter to both countries’ interests.
Canada’s case still needs to be made to other key Republicans, Joly said, but the Canadian message is resonating.
While Joly said her goal remains preventing tariffs, Ottawa is preparing for the president to make good on his threat.
Prime Minister Justin Trudeau held a virtual meeting with premiers Wednesday. New Brunswick Premier Susan Holt said they discussed the impact of tariffs, supports for provinces and ways to diversify exports to reduce Canada’s dependency on the United States.
Ottawa has prepared multiple options for retaliatory tariffs, depending on what Trump ultimately does. Trudeau has said repeatedly every option is on the table.
Premiers have largely claimed a united front but continue to share differing opinions on just how exactly Canada should respond.
Alberta Premier Danielle Smith called for the federal government to appoint a “border czar.” Quebec Premier Francois Legault said it’s important to secure the border followed by a quick move to negotiations with Americans to appease Trump’s other economic concerns.
Saskatchewan Premier Scott Moe cautioned against including oil and potash in any retaliatory measures, while Manitoba Premier Wab Kinew said if duties are applied, Canada’s response has to be noticed.
“We can’t be a punching bag,” Kinew said.
In his first official campaign event since dissolving the provincial legislature the day before, Ontario Progressive Conservative Leader Doug Ford said Trump’s duties are “a game to the president.”
“He seeks to divide and conquer, whether he imposes tariffs next week, next month or waits another year or more,” he said. “Trump’s threats are not going away.”
— With files from Allison Jones in Toronto, Hina Alam in Fredericton, Jack Farrell in Edmonton, Steve Lambert in Winnipeg, Morgan Lowrie in Montreal and Lauren Krugel in Calgary
torontosun.com
Author of the article:Canadian Press
Canadian Press
Kelly Geraldine Malone
Published Jan 29, 2025 • Last updated 1 day ago • 4 minute read
WASHINGTON — The man U.S. President Donald Trump has chosen to oversee his tariff agenda says hitting Canada with 25 per cent across-the-board duties would be an emergency measure to achieve border security — and could be followed by more tariffs in the future.
During Wednesday’s Senate hearing on his nomination to lead the U.S. Department of Commerce, billionaire financier Howard Lutnick said the plan to impose duties on Canada and Mexico is distinct from Trump’s long-term tariff plans.
He said the threatened 25 per cent tariff is not a “tariff per se” but a type of domestic policy meant to force America’s neighbours to take action at the borders.
“You know that the labs in Canada are run by Mexican cartels. This tariff model is simply to shut their borders … Respect America,” Lutnick said Wednesday.“If we are your biggest trading partner, show us the respect. Shut your border and end fentanyl coming into this country.”
The number of people and drugs crossing illegally into the United States from Canada is minuscule compared to the volume crossing the United States’ southern border, a point Canadian Public Safety Minister David McGuinty made repeatedly in a news conference in Ottawa following Lutnick’s remarks.
Ottawa responded to Trump’s initial threat with a $1.3-billion border security plan and some provinces have separately boosted border enforcement. But the president has since expanded his complaints about Canada far beyond border security.
Lutnick said he believes Canada and Mexico are “acting swiftly” on border security “and if they execute it, there will be no tariff and if they don’t, then there will be.”
The White House press secretary said Tuesday that Trump was still considering implementing the tariffs on Saturday.
McGuinty said the federal government takes Lutnick’s comments seriously and it’s important to remind Trump’s team how far Canada has come on border security. He is travelling to Washington on Thursday to share that message directly with American officials.
“I’m quite convinced that the evidence that’s being presented to the administration will break through,” McGuinty said in Ottawa.
During Wednesday’s confirmation hearing, Lutnick was asked about the possible impacts of the tariffs on manufacturing and automotive industries. His answer suggested that even if Canada avoids the threatened border-related duties, it could still face tariffs in the near future following a multi-agency study of trade practices and deficits ordered by Trump.
Trump signed an executive action that, among other things, directs the secretary of commerce and the secretary of homeland security to assess migration and fentanyl flows from Canada, Mexico and China, and to recommend “appropriate trade and national security measures to resolve that emergency.”
It also instructs the U.S. trade representative to start consultations on the Canada-U.S.-Mexico Agreement.
Trump’s executive action says the report on trade with Canada is not due until April 1.
Lutnick said he prefers tariffs on entire countries, rather than on specific products. He said across-the-board tariffs “create reciprocity, fairness and respect.”
“My way of thinking, and I’ve discussed this with the president, is country by country, macro. Let America make it more fair,” Lutnick said. “We are treated horribly by the global trading environment. They all have higher tariffs, non-tariff trade barriers and subsidies. They treat us poorly.”
Canadian officials say they remain focused on thwarting the immediate tariff threat. Foreign Affairs Minister Melanie Joly was back in Washington, D.C., Wednesday and met with U.S. Secretary of State Marco Rubio and North Dakota Sen. Kevin Cramer, who is co-chair of the American-Canadian Economy and Security Caucus.
It’s Joly’s fifth visit to the U.S. since last November’s presidential election — part of her efforts to convince American lawmakers that imposing tariffs on Canada would run counter to both countries’ interests.
Canada’s case still needs to be made to other key Republicans, Joly said, but the Canadian message is resonating.
While Joly said her goal remains preventing tariffs, Ottawa is preparing for the president to make good on his threat.
Prime Minister Justin Trudeau held a virtual meeting with premiers Wednesday. New Brunswick Premier Susan Holt said they discussed the impact of tariffs, supports for provinces and ways to diversify exports to reduce Canada’s dependency on the United States.
Ottawa has prepared multiple options for retaliatory tariffs, depending on what Trump ultimately does. Trudeau has said repeatedly every option is on the table.
Premiers have largely claimed a united front but continue to share differing opinions on just how exactly Canada should respond.
Alberta Premier Danielle Smith called for the federal government to appoint a “border czar.” Quebec Premier Francois Legault said it’s important to secure the border followed by a quick move to negotiations with Americans to appease Trump’s other economic concerns.
Saskatchewan Premier Scott Moe cautioned against including oil and potash in any retaliatory measures, while Manitoba Premier Wab Kinew said if duties are applied, Canada’s response has to be noticed.
“We can’t be a punching bag,” Kinew said.
In his first official campaign event since dissolving the provincial legislature the day before, Ontario Progressive Conservative Leader Doug Ford said Trump’s duties are “a game to the president.”
“He seeks to divide and conquer, whether he imposes tariffs next week, next month or waits another year or more,” he said. “Trump’s threats are not going away.”
— With files from Allison Jones in Toronto, Hina Alam in Fredericton, Jack Farrell in Edmonton, Steve Lambert in Winnipeg, Morgan Lowrie in Montreal and Lauren Krugel in Calgary
Trump’s pick for commerce says president’s tariff threat could be just the beginning
The man Donald Trump has chosen to oversee his tariff agenda says hitting Canada with 25% duties could be followed by more tariffs.
A quick check on Suncor, Cameco, Canfor, Mosaic stocks are up rather than free fall from tariff fears.
Donald Trump's tariffs on imports from Canada will begin Saturday, White House says — Toronto Star
U.S. President Donald Trump will act on his threat to levy 25 per cent tariffs on Canadian and Mexican products, says White House press secretary Karoline Leavitt.
Trudeau's remarks prompted questions during a White House briefing, with reporters asking Leavitt if the president could guarantee that tariffs won't stoke inflation, or increase prices at gas pumps and in grocery stores for Americans. One asked if Canada's vow to retaliate showed the U.S. is on the brink of a trade war.
Leavitt bristled and said, "I don't think so."
Trump's purpose, she said, is to halt fentanyl and migrants from "pouring into" America, adding "the president is intent on doing this, and I think Justin Trudeau would be wise to talk to President Trump directly before pushing outlandish comments like that to the media." Good times again…
What I think that old Donnie does not realize about the trade deficit that USA is experiencing is that the USA have about 8.8 times the population that Canada have, Canada does not need the amounts of consumption products that USA need. Also, why cannot the USA produce all of the things at a price that they can buy from Canada? We know that old Donnie cannot understand this, without looking like a village idiot.