The Tarriff Hype.

pgs

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If you’re not tied to an industry currently that directly depends on international trade, or the movement of goods based on international trade, then sit back and enjoy the ride I guess.

Those of us that are, like somebody working in a pulp mill or a sawmill or a smelter for steel or aluminum or Transport internationally, or factory producing goods bound for international transport south, or reliant on goods from the south, etc..It’s a little tough not to sweat it & accept a Cavalier Outlook.
I am presently directly employed in the movement of freight . Mostly air , not all . I was recently employed in the lumber reman industry which sold the majority of our product south and still benifit from that companies profit . The end is not quite neah .
 
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Ron in Regina

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Good times. Stacked tariff threats not just on steel & aluminum now…not like America isn’t already tariffing Canadian softwood lumber…
1740899131970.jpeg
1740899161646.jpeg
More than 80 per cent of the potash used by U.S. farmers comes from mines in Saskatchewan. Canada is the king of potash. It possesses the largest potash reserves in the world – by a fat margin – and the largest production by volume.

“The profitability of the [U.S.] is dependent on crop inputs that are affordable,” said Ken Seitz, chief executive officer of Saskatoon-based Nutrien. The company is also the largest provider of agricultural inputs and services in the world, with more than 1,000 retail outlets in 45 U.S. states.

Should Mr. Trump’s tariff happen, Mr. Seitz is explicit: Nutrien will pass the costs through the supply chain and onto the American farmer.

Thankfully though, America through Trump is currently bonding with Putin for Russia over dividing the spoils of Ukraine.

Until a few weeks ago, the U.S. couldn’t source most of its potash from elsewhere. Just two other countries have large potash reserves – Russia and Belarus – and these operations are significantly smaller than Canada’s and prone to geopolitical instability, invading their neighbours, being under sanctions by many of the non-BRICS nations, etc…
1740899698274.jpeg
Facing the third year of a downturn in corn prices, those farmers are strapped for cash. The COVID-19 pandemic, the war in Ukraine and high natural gas prices pushed up fertilizer costs to historic highs. Costs have since dropped, but not at the same rate as corn prices. Few corn farmers have made a profit in years.

Yet these farmers remain a political powerhouse. For the past three presidential elections, farming-dependent counties – concentrated in the central U.S. – have consistently voted for Mr. Trump at rates significantly above the average U.S. voter. His popularity has grown with each election.

With Mr. Trump showing no sign of withdrawing his threat to impose a 25-per-cent tariff on Canadian goods, the Canadian potash producer is therefore expecting the American farmer to be a force that pushes back against that threat. Potash is Canada’s pink gold; it is a strong symbol of the country’s resource riches and could be a key lever in a looming trade war.

The U.S. political landscape has been transformed and farmers, while they recognize the potential that their fertilizer costs could rise, are reluctant to take a stand against the proposed tariffs. President Trump is back and he will make America great again – regardless of the cost.
1740899990754.jpeg
The U.S. is the biggest corn producer in the world. The crop covers a land mass roughly the size of Germany (90 million acres) and in 2023 contributed US$62-billion to the country’s gross domestic product annually, employed 600,000 people and paid a total of around US$35-billion in wages. And of all the Corn Belt states, Illinois is the national leader. In 2023, Illinois corn contributed US$9.5-billion to U.S. economy.

However, the soil upon which this industry is built is missing one key ingredient: abundant potassium.
1740900210750.jpeg
The Illinois corn farmer – like farmers in most of the Midwest – applies potash twice a year: once in spring before planting, and once in fall, after harvest.
1740900626898.jpeg
The potassium needs to be sourced from Canada because few other options exist, said Kreg Ruhl, vice-president of Crop Nutrients for Growmark Inc., a farmer-owned co-operative and distributor of potash. Growmark has also been explicit: The costs of any Trump tariff will be passed down the supply chain to the farmer.

“Can we get it from other places? Yes. To a meaningful degree? No.” Certainly not in time for spring. Russia “currently” only accounts for 10 per cent of the U.S.‘s potash supply and switching distribution channels would be logistically challenging…but Trump is playing 8D Chess.
1740901172646.jpeg
America better punish Brazilian and Argentinian corn imports too as they’ll be able to sell corn into the US cheaper than American Farmers might be able to grow it for…& then… what about the retaliatory tariffs from Canada and Mexico in response to Trumpian tariffs? Uh-oh!!

Canada is the top destination for U.S. ethanol exports. And Mexico, which Mr. Trump has also threatened with a 25-per-cent tariff, is the largest export destination for U.S. corn (double the second-largest market – Japan).
1740902275224.jpeg
 

petros

The Central Scrutinizer
Nov 21, 2008
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Good times. Stacked tariff threats not just on steel & aluminum now…not like America isn’t already tariffing Canadian softwood lumber…
View attachment 27799
View attachment 27800
More than 80 per cent of the potash used by U.S. farmers comes from mines in Saskatchewan. Canada is the king of potash. It possesses the largest potash reserves in the world – by a fat margin – and the largest production by volume.

“The profitability of the [U.S.] is dependent on crop inputs that are affordable,” said Ken Seitz, chief executive officer of Saskatoon-based Nutrien. The company is also the largest provider of agricultural inputs and services in the world, with more than 1,000 retail outlets in 45 U.S. states.

Should Mr. Trump’s tariff happen, Mr. Seitz is explicit: Nutrien will pass the costs through the supply chain and onto the American farmer.

Thankfully though, America through Trump is currently bonding with Putin for Russia over dividing the spoils of Ukraine.

Until a few weeks ago, the U.S. couldn’t source most of its potash from elsewhere. Just two other countries have large potash reserves – Russia and Belarus – and these operations are significantly smaller than Canada’s and prone to geopolitical instability, invading their neighbours, being under sanctions by many of the non-BRICS nations, etc…
View attachment 27801
Facing the third year of a downturn in corn prices, those farmers are strapped for cash. The COVID-19 pandemic, the war in Ukraine and high natural gas prices pushed up fertilizer costs to historic highs. Costs have since dropped, but not at the same rate as corn prices. Few corn farmers have made a profit in years.

Yet these farmers remain a political powerhouse. For the past three presidential elections, farming-dependent counties – concentrated in the central U.S. – have consistently voted for Mr. Trump at rates significantly above the average U.S. voter. His popularity has grown with each election.

With Mr. Trump showing no sign of withdrawing his threat to impose a 25-per-cent tariff on Canadian goods, the Canadian potash producer is therefore expecting the American farmer to be a force that pushes back against that threat. Potash is Canada’s pink gold; it is a strong symbol of the country’s resource riches and could be a key lever in a looming trade war.

The U.S. political landscape has been transformed and farmers, while they recognize the potential that their fertilizer costs could rise, are reluctant to take a stand against the proposed tariffs. President Trump is back and he will make America great again – regardless of the cost.
View attachment 27802
The U.S. is the biggest corn producer in the world. The crop covers a land mass roughly the size of Germany (90 million acres) and in 2023 contributed US$62-billion to the country’s gross domestic product annually, employed 600,000 people and paid a total of around US$35-billion in wages. And of all the Corn Belt states, Illinois is the national leader. In 2023, Illinois corn contributed US$9.5-billion to U.S. economy.

However, the soil upon which this industry is built is missing one key ingredient: abundant potassium.
View attachment 27803
The Illinois corn farmer – like farmers in most of the Midwest – applies potash twice a year: once in spring before planting, and once in fall, after harvest.
View attachment 27804
The potassium needs to be sourced from Canada because few other options exist, said Kreg Ruhl, vice-president of Crop Nutrients for Growmark Inc., a farmer-owned co-operative and distributor of potash. Growmark has also been explicit: The costs of any Trump tariff will be passed down the supply chain to the farmer.

“Can we get it from other places? Yes. To a meaningful degree? No.” Certainly not in time for spring. Russia “currently” only accounts for 10 per cent of the U.S.‘s potash supply and switching distribution channels would be logistically challenging…but Trump is playing 8D Chess.
View attachment 27805
America better punish Brazilian and Argentinian corn imports too as they’ll be able to sell corn into the US cheaper than American Farmers might be able to grow it for…& then… what about the retaliatory tariffs from Canada and Mexico in response to Trumpian tariffs? Uh-oh!!

Canada is the top destination for U.S. ethanol exports. And Mexico, which Mr. Trump has also threatened with a 25-per-cent tariff, is the largest export destination for U.S. corn (double the second-largest market – Japan).
View attachment 27806
There are no inbound potash terminals or railcars to move it.
 

Tecumsehsbones

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Mar 18, 2013
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I am presently directly employed in the movement of freight . Mostly air , not all . I was recently employed in the lumber reman industry which sold the majority of our product south and still benifit from that companies profit . The end is not quite neah .
"Currently." It's an odd usage in English, one of those that goes against the strict dictionary definitions, but "presently" means "soon," as in "I'll arrive presently."

Or at least so says a Ph.D. in English of my acquaintance.
 

Retired_Can_Soldier

The End of the Dog is Coming!
Mar 19, 2006
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I am presently directly employed in the movement of freight . Mostly air , not all . I was recently employed in the lumber reman industry which sold the majority of our product south and still benifit from that companies profit . The end is not quite neah .
LOL
Your workmates must think you're a treat.
Do you wear a MAGA hat to work, sing Don's praises, or secretly post your admirations here?
 

pgs

Hall of Fame Member
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LOL
Your workmates must think you're a treat.
Do you wear a MAGA hat to work, sing Don's praises, or secretly post your admirations here?
You would rather the status quo . Keep doing the same thing over and over and hope for a different result . Let’s keep printing money and devalue the dollar further . That should work . Our country is disintegrating before our eyes . But Trump .
 
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Retired_Can_Soldier

The End of the Dog is Coming!
Mar 19, 2006
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You would rather the status quo . Keep doing the same thing over and over and hope for a different result . Let’s keep printing money and devalue the dollar further . That should work . Our country is disintegrating before our eyes . But Trump .
No, I didn't, but I don't cheer for the useful idiots of Soviet thinking.
I don't cheer against my own country.
Politics has nothing to do with defending your country and not cheering for its enemies.
Donald Trump is an enemy of all Western nations.
My family has stood guard for this nation for six generations and finds any enthusiasm for this Soviet sell-out repugnant.
Burn baby Burn.

Thanks for helping the Liberals, Don, and supporters.
Fuck Canada.
 

pgs

Hall of Fame Member
Nov 29, 2008
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No, I didn't, but I don't cheer for the useful idiots of Soviet thinking.
I don't cheer against my own country.
Politics has nothing to do with defending your country and not cheering for its enemies.
Donald Trump is an enemy of all Western nations.
My family has stood guard for this nation for six generations and finds any enthusiasm for this Soviet sell-out repugnant.
Burn baby Burn.

Thanks for helping the Liberals, Don, and supporters.
Fuck Canada.
I imagine those six generations are rolling in their graves when they see what their efforts produced . A country with no core identity full of regional infighting separatists . A national debt with interest payments higher than healthcare spending . With no plan to address the debt but deficit spending and printing money further devalueing our seventy cent peso .
Go Canada yeah .
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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Of course every tariff we impose adds more revenue to government coffers for liberals to rape .
Being Canada, if/when it imposes reciprocal tariffs, I wonder if they will charge the GST on those tariffs for the benefit of Canadians as a whole? Or would these be exempt because they cross one international boundary? Anyway…

…U.S. Secretary of Commerce Howard Lutnick says tariffs on Canada and Mexico will go into effect Tuesday but whether they will be 25 per cent as originally planned remains to be determined by President Donald Trump…in a vague yet douchebaggery non-answer designed to cause animosity & loathing towards the American government as Trump gets his jollies dangling nothing specific?
Mr. Trump threatened 25-per-cent, across-the-board tariffs on Canada and Mexico earlier this year….THEN…

In early February, he delayed these punitive levies – which would be 10 per cent for Canadian energy and critical minerals – for 30 days..THEN…

Mr. Lutnick told Fox News on Sunday that both Canada and Mexico have “done a very reasonable job” in securing their shared borders with the U.S. and suggested the overall tariff applied “could?” be smaller?

Maybe the 25-per-cent tariff doesn’t go into effect on Tuesday. Maybe he’s able to negotiate it down, given that they have shown some willingness to help on the border,” he said of the President.

What about the drugs & guns & Illegals crossing into Canada from the US? A non-issue? Crickets?

1740951547984.jpeg
Huh….how ‘bout that? Trump THEN announced 25-per-cent tariffs on global imports of steel and aluminum into the U.S., including from Canada, which are set to take effect March 12.

Immigration Minister Marc Miller said in an interview that aired Sunday that Ottawa has received no indication from Washington on whether it can avoid Mr. Trump’s levies, ‘cuz diplomacy and statesmanship and national reciprocal respect, right?

Mr. Trump, who in January indicated he planned to use “economic forceto coerce Canadians into agreeing to be annexed by the U.S. as the “51st state,” is continuing to pile new tariff threats on Canada – levies that by all accounts would stack or apply on top of each other.

On Saturday (= yesterday) the Trump administration ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber as well as the fentanyl-related tariffs planned to take effect Tuesday (= in two days).

Mr. Trump signed a memo ordering Mr. Lutnick to initiate a national-security investigation into U.S. lumber imports…& that any tariffs resulting from the probe would be added to the existing 14.5-per-cent combined anti-dumping and anti-subsidy duties on Canadian softwood lumber.

Mr. Trump has justified the 25-per-cent tariffs by alleging that “a lot” of fentanyl enters the United States via Canada. His reasoning is at odds with statistics collected by the U.S. government.

The data says border guards intercepted 19.5 kilograms of fentanyl along the Canadian border last year, which is 0.2 per cent so 1/500th of the nearly 11 tonnes intercepted in the U.S. & does not mention the drugs that flow from the US into Canada, or the guns that flow from the US into Canada, or the illegal immigrants that flow from the US into Canada, etc…strange that?

(As The Globe and Mail recently reported, however, court records and interviews indicate that about one-third of this 19.5-kg tally was seized in Spokane, Wash. – more than 150 kilometres from the border with Canada – as part of an investigation that led to charges against three Mexican nationals. That bust has no known connection to Canada🤫)

STILL Prime Minister Justin Trudeau warned that Canada would retaliate against the United States with counter-tariffs if Mr. Trump imposes levies Tuesday. “We will have a strong, unequivocal and proportional response as Canadians expect.”
(YouTube & “Caddyshack - Bill Murray's story about the Dalai Lama”)

Canada on Friday also signalled it’s willing to discuss a new request from Washington that Ottawa match any U.S. tariffs imposed on China to create what U.S. Treasury Bessent is calling “fortress North America.” Mr. Bessent had said Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as “very interesting” and one that Canada should copy? Dictating Canadian foreign policy now?

The proposal came from Mexican government efforts to dissuade Mr. Trump from proceeding with his tariffs. “I think it would be a nice gesture of the Canadians did this also so in a way we could have fortress North America from the flood of Chinese imports that’s coming out of the most unbalanced economy in the history of modern times,” Mr. Bessent said in an interview with Bloomberg TV.

Wait? We’re back to nice gestures? Do these beget reciprocal nice gestures? Does this not seem somewhat… what’s the term?….Schizophrenic perhaps? On the part of the American government, I mean…
 
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pgs

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Being Canada, if/when it imposes reciprocal tariffs, I wonder if they will charge the GST on those tariffs for the benefit of Canadians as a whole? Or would these be exempt because they cross one international boundary? Anyway…

…U.S. Secretary of Commerce Howard Lutnick says tariffs on Canada and Mexico will go into effect Tuesday but whether they will be 25 per cent as originally planned remains to be determined by President Donald Trump…in a vague yet douchebaggery non-answer designed to cause animosity & loathing towards the American government as Trump gets his jollies dangling nothing specific?
Mr. Trump threatened 25-per-cent, across-the-board tariffs on Canada and Mexico earlier this year….THEN…

In early February, he delayed these punitive levies – which would be 10 per cent for Canadian energy and critical minerals – for 30 days..THEN…

Mr. Lutnick told Fox News on Sunday that both Canada and Mexico have “done a very reasonable job” in securing their shared borders with the U.S. and suggested the overall tariff applied “could?” be smaller?

Maybe the 25-per-cent tariff doesn’t go into effect on Tuesday. Maybe he’s able to negotiate it down, given that they have shown some willingness to help on the border,” he said of the President.

What about the drugs & guns & Illegals crossing into Canada from the US? A non-issue? Crickets?

View attachment 27814
Huh….how ‘bout that? Trump THEN announced 25-per-cent tariffs on global imports of steel and aluminum into the U.S., including from Canada, which are set to take effect March 12.

Immigration Minister Marc Miller said in an interview that aired Sunday that Ottawa has received no indication from Washington on whether it can avoid Mr. Trump’s levies, ‘cuz diplomacy and statesmanship and national reciprocal respect, right?

Mr. Trump, who in January indicated he planned to use “economic forceto coerce Canadians into agreeing to be annexed by the U.S. as the “51st state,” is continuing to pile new tariff threats on Canada – levies that by all accounts would stack or apply on top of each other.

On Saturday (= yesterday) the Trump administration ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber as well as the fentanyl-related tariffs planned to take effect Tuesday (= in two days).

Mr. Trump signed a memo ordering Mr. Lutnick to initiate a national-security investigation into U.S. lumber imports…& that any tariffs resulting from the probe would be added to the existing 14.5-per-cent combined anti-dumping and anti-subsidy duties on Canadian softwood lumber.

Mr. Trump has justified the 25-per-cent tariffs by alleging that “a lot” of fentanyl enters the United States via Canada. His reasoning is at odds with statistics collected by the U.S. government.

The data says border guards intercepted 19.5 kilograms of fentanyl along the Canadian border last year, which is 0.2 per cent so 1/500th of the nearly 11 tonnes intercepted in the U.S. & does not mention the drugs that flow from the US into Canada, or the guns that flow from the US into Canada, or the illegal immigrants that flow from the US into Canada, etc…strange that?

(As The Globe and Mail recently reported, however, court records and interviews indicate that about one-third of this 19.5-kg tally was seized in Spokane, Wash. – more than 150 kilometres from the border with Canada – as part of an investigation that led to charges against three Mexican nationals. That bust has no known connection to Canada🤫)

STILL Prime Minister Justin Trudeau warned that Canada would retaliate against the United States with counter-tariffs if Mr. Trump imposes levies Tuesday. “We will have a strong, unequivocal and proportional response as Canadians expect.”
(YouTube & “Caddyshack - Bill Murray's story about the Dalai Lama”)

Canada on Friday also signalled it’s willing to discuss a new request from Washington that Ottawa match any U.S. tariffs imposed on China to create what U.S. Treasury Bessent is calling “fortress North America.” Mr. Bessent had said Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as “very interesting” and one that Canada should copy? Dictating Canadian foreign policy now?

The proposal came from Mexican government efforts to dissuade Mr. Trump from proceeding with his tariffs. “I think it would be a nice gesture of the Canadians did this also so in a way we could have fortress North America from the flood of Chinese imports that’s coming out of the most unbalanced economy in the history of modern times,” Mr. Bessent said in an interview with Bloomberg TV.

Wait? We’re back to nice gestures? Do these beget reciprocal nice gestures? Does this not seem somewhat… what’s the term?….Schizophrenic perhaps? On the part of the American government, I mean…
I believe Trump stated a few days ago the tariffs would go into effect April 2hd . So what is it ?
 

Jinentonix

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I believe Trump stated a few days ago the tariffs would go into effect April 2hd . So what is it ?
Donnie Dinglenuts has to time it right or else he'll fuck the US right up. Why ya think he's sucking Bedpan's cock? Because Russia has much of the same mineral resources Canada has and lots of them. Gotta secure the resources elsewhere before playing stupid fucking economic games with Canada.
 

pgs

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Donnie Dinglenuts has to time it right or else he'll fuck the US right up. Why ya think he's sucking Bedpan's cock? Because Russia has much of the same mineral resources Canada has and lots of them. Gotta secure the resources elsewhere before playing stupid fucking economic games with Canada.
Yup another bad case of TDS . Check the blood pressure and under the bed .
 

Jinentonix

Hall of Fame Member
Sep 6, 2015
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Yup another bad case of TDS . Check the blood pressure and under the bed .
Uh huh. So all of Trump's bullshit with America's traditional allies and trading partners is just a show and all those countries are actually in on it?
And if so, would that mean that despite Trump publicly calling out the WEF at their own forum that he's actually just another WEF bitch?
 

petros

The Central Scrutinizer
Nov 21, 2008
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Uh huh. So all of Trump's bullshit with America's traditional allies and trading partners is just a show and all those countries are actually in on it?
And if so, would that mean that despite Trump publicly calling out the WEF at their own forum that he's actually just another WEF bitch?
All the shit in the septic tank of geopolitics that frozen over winter will thaw, gas up and float to the surface at G7 in June.

Its gonna be shit fight.