The Tarriff Hype.
- Thread starter petros
- Start date
Trump grabbed Canada by the pussy but he quit. That's not grounds for divorce is it? Do we get alimony?
Usually, it’s a did or didn’t thing, not an on & off thing, right? Anyway…
It’s still unclear how Canada May be affected by the reciprocal tariffs, but the Trump administration has aired various grievances that may show up in additional levies on Wednesday.
U.S. tariffs will be implemented country-by-country on Wednesday, the White House said, as U.S. President Donald Trump aims to “settle scores” with trading partners???
White House Press Secretary Karoline Leavitt said on Monday that tariffs expected on April 2 will be imposed country-by-country.
“The goal of Wednesday are country-based tariffs,” Ms. Leavitt said. She said Mr. Trump was still “committed” to imposing sector-based duties, but deferred to him on the timing of those plans.
Mr. Trump’s so-called reciprocal tariffs are supposed to match tariff rates imposed by other countries on the United States, as well as other “perceived” trade barriers and taxes.
White House says to expect reciprocal tariffs Wednesday on a country-by-country basis — The Globe and Mail
It’s unclear how Canada will be affected by the tariffs U.S. President Trump has promised this week, but the administration has aired grievances that may show up in levies
The problem is not tariffs—the problem is Donald Trump, plain and simple. Per our Yale CEO Caucus survey results, 90% of CEOs actually support tariffs, when they are used strategically and selectively. These business leaders support the use of selective tariffs to rectify genuine trade imbalances and constrain foreign dumping into the U.S., undermining U.S. producers in sectors such as steel.
But these worthy goals often seem to be subjugated to Trump’s personality-driven vendettas, such as punishing longtime nemesis Justin Trudeau; and even more importantly, Trump’s idiosyncratic, capricious rollout of tariffs has made it all but impossible for companies to invest at all, hampering Trump’s own stated goal of bringing investment and jobs back to the U.S. etc…
Trump is knowingly steering the economy off the cliff with tariffs
The problem is not tariffs—the problem is Donald Trump.
Democrats want vote on Trump's tariffs on Canada; Carney says Canada will retaliate if new tariffs imposed — Toronto Star
The White House is slated to impose so-called "reciprocal" tariffs and a surcharge on all non-American cars.
Dude is seriously starting to look like Jabba the Trump.
Usually, it’s a did or didn’t thing, not an on & off thing, right? Anyway…
It’s still unclear how Canada May be affected by the reciprocal tariffs, but the Trump administration has aired various grievances that may show up in additional levies on Wednesday.
U.S. tariffs will be implemented country-by-country on Wednesday, the White House said, as U.S. President Donald Trump aims to “settle scores” with trading partners???
White House Press Secretary Karoline Leavitt said on Monday that tariffs expected on April 2 will be imposed country-by-country.
“The goal of Wednesday are country-based tariffs,” Ms. Leavitt said. She said Mr. Trump was still “committed” to imposing sector-based duties, but deferred to him on the timing of those plans.
View attachment 28487
Mr. Trump’s so-called reciprocal tariffs are supposed to match tariff rates imposed by other countries on the United States, as well as other “perceived” trade barriers and taxes.
Over the weekend, Donald Trump’s reassurance of a more generous approach to tariffs was reversed again, apparently returning to draconian across-the-board 20% tariffs. The president’s imminent Rose Garden “Liberation Day” announcement of universal tariffs on everything coming into the U.S. from everyone—accompanied by the Trump-driven 10% decline in the stock market over the last month—is just the latest example of how Trump’s capricious tariff tantrums are steering the U.S. economy straight off the cliff. Given the near unanimous chorus of business leaders and economists, one must wonder what motivates Trump’s destructive decrees. As Trump himself confessed this weekend on NBC, “I couldn’t care less if car prices go up!” Good times.
White House says to expect reciprocal tariffs Wednesday on a country-by-country basis — The Globe and Mail
It’s unclear how Canada will be affected by the tariffs U.S. President Trump has promised this week, but the administration has aired grievances that may show up in leviesapple.news
The problem is not tariffs—the problem is Donald Trump, plain and simple. Per our Yale CEO Caucus survey results, 90% of CEOs actually support tariffs, when they are used strategically and selectively. These business leaders support the use of selective tariffs to rectify genuine trade imbalances and constrain foreign dumping into the U.S., undermining U.S. producers in sectors such as steel.
But these worthy goals often seem to be subjugated to Trump’s personality-driven vendettas, such as punishing longtime nemesis Justin Trudeau; and even more importantly, Trump’s idiosyncratic, capricious rollout of tariffs has made it all but impossible for companies to invest at all, hampering Trump’s own stated goal of bringing investment and jobs back to the U.S. etc…
Already, there is a confusing array of 12,500 tariff categories across 200 trading partners. We tallied up Trump’s tariff pronouncementsover the last two months and found no less than a head-spinning 107 instances of paradoxical flip-flops on tariff policy, often with same-day reversals. That does not even account for often contradictory guidance from Trump’s deputies, which are then subsequently overruled by Trump himself.Trump is knowingly steering the economy off the cliff with tariffs
The problem is not tariffs—the problem is Donald Trump.fortune.com
Fees on all the autos that aren't applicable because they're USMCA compliant? That's a scary threat.View attachment 28504
Democrats want vote on Trump's tariffs on Canada; Carney says Canada will retaliate if new tariffs imposed — Toronto Star
The White House is slated to impose so-called "reciprocal" tariffs and a surcharge on all non-American cars.
Dude is seriously starting to look like Jabba the Trump.
View attachment 28505
Who is still spewing the auto tariff bullshit on Canadian vehicles and parts?
- Importers of automobiles under the United States-Mexico-Canada Agreement will be given the opportunity to certify their U.S. content and systems will be implemented such that the 25% tariff will only apply to the value of their non-U.S. content.
- USMCA-compliant automobile parts will remain tariff-free until the Secretary of Commerce, in consultation with U.S. Customs and Border Protection (CBP), establishes a process to apply tariffs to their non-U.S. content.
- https://www.whitehouse.gov/fact-she...-and-automobile-parts-into-the-united-states/
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A dirt cheap Mercedes diverted from the tariffed US market? Who doesn't want a dirt cheap Mercedes?
Are you sure about that one or is that one from 90 minutes ago? Was that only during the stretch between February 4, and whenever Trump decided it wasn’t applicable anymore…assumably tomorrow?
Of course I'm sure. I'm not a fucking chimp who can't read. If the vehicles weren't USMCA compliant and hit with tariffs we'd be going to trade court not running around like our hair is on fire.
Are the chimps unaware of the USMCA compliant measures around since 2018?
I’ll wait and see what happens tomorrow. I’m so freaking burnt out at this point, It’s not even funny. I’ve been holding hands and patting backs to panicked dealers all day long and I’ve just had enough of that for one day.
It’s April Fools’ Day and the day before this shit supposed to hit the fan or not, etc…so I think I’m gonna shut things down and go home and have myself a drink.
It’s April Fools’ Day and the day before this shit supposed to hit the fan or not, etc…so I think I’m gonna shut things down and go home and have myself a drink.
Is Canada going against USMCA on inbound campers and RVs?
The USMCA (United States-Mexico-Canada Agreement) maintains the existing rules of origin for RVs, meaning motorhomes require 62.5% domestic content and travel trailers 50% for duty-free treatment, which is the same as under NAFTA.
Here's a more detailed breakdown:
- USMCA and RVs:
The USMCA, which replaced NAFTA, generally maintains the same rules of origin for RVs as before, with no changes to the domestic content requirements for duty-free trade.
- Domestic Content Requirements:
- Motorhomes: To qualify for duty-free treatment, motorhomes must have at least 62.5% domestic content.
- Travel Trailers: Travel trailers require 50% domestic content for duty-free treatment.
- Motorhomes: To qualify for duty-free treatment, motorhomes must have at least 62.5% domestic content.
- Other USMCA Provisions:
While the USMCA increases domestic content requirements for motor vehicles, it does not change the rules of origin for RVs, which remain the same as under NAFTA.
- USMCA and Trade:
The USMCA is a 21st-century trade agreement designed to promote freer markets, fairer trade, and robust economic growth in North America.
- USMCA and the RV Industry:
The USMCA's rules of origin for RVs are designed to ensure that a significant portion of the value of RVs is created within North America, which can incentivize production and investment in the region.
- USMCA and Labor:
The USMCA includes new criteria for automotive goods, including increased Regional Value Content (RVC) requirements, Labor Value Content (LVC) rules, and requirements for vehicle producers' procurement of North American-sourced steel and aluminum.
- USMCA and Trade Disputes:
The USMCA includes provisions for resolving trade disputes, including a Rapid Response Labor Mechanism (RRM) for addressing labor issues.
- USMCA and Tariffs:
The USMCA generally maintains zero tariffs on goods and services that had zero tariffs under NAFTA.
- USMCA and the Future:
The USMCA is a key element of the North American trade landscape, and its provisions are expected to continue to shape trade in the region for years to come.
Are the chimps aware it’s both the best (and worst) trade deal ever signed, depending on the narrative, by one of the guys that signed it?
Anyway, USMCA/CUMSHOTMA/NAFTA etc…things might be tariffed starting April 2nd, or not…depends which way the wind is blowing…& the size of Trumps midnight bowel movement, & whether or not he had Wi-Fi access from the bathroom, etc…
United States President Donald Trump exempted Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25 per cent tariffs, offering major reprieves to the United States’s two largest trading partners….in early March.
Trump signed orders Thursday paring back the tariffs, which are related to illegal immigration and fentanyl tracking, until April 2. That is the date when the president is expected to start unveiling plans for so-called reciprocal duties on nations around the world as well as sector-specific duties.
Automobiles and parts that meet USMCA requirements are among the products exempt from the tariffs….until the current USMCA/Whatever agreement expires…or until his delay until April 2nd expires…or until some other arbitrary and evolving timeframe comes and goes? Seriously…
The U.S. president previously offered a one-month exemption to automobiles covered by USMCA, and administration officials were considering exempting certain agricultural imports, before going ahead with broader relief.
Trump delays Canada, Mexico tariffs for goods covered under USMCA
Donald Trump will exempt Mexican and Canadian goods covered by the USMCA trader agreement from his 25 per cent tariffs. Read here for more
So…we wait & see. The final details still aren’t set in stone, the sources said. Leavitt told reporters Tuesday afternoon Trump was perfecting the policy to "make sure this is a perfect deal for the American people and the American worker.” Etc…like in 2018, but different, but the same. Bigly!!March 29 (Reuters) - Canada and Mexico won protections against potential new U.S. auto tariffs in 2018 as part of the U.S.-Mexico-Canada Agreement on trade, but there is no evidence that President Donald Trump will honor those commitments as he imposes 25% duties on global automotive imports…but might or maybe he won’t, but he could, but that doesn’t mean he will, etc…
The Canadian government confirmed the USMCA auto side letters' terms in an emailed statement to Reuters, and said it fully expects the U.S. to honor the agreements.
Canada also has the right to take retaliatory measures in response to U.S. Section 232 tariffs that are inconsistent with USMCA and World Trade Organization obligations, the statement said.
Nobody knows, & thus the marathon of stupidity I’ve been running since about…oh, January 20th or so. It’s not like the CRVA could plead to Parliament that was prorogue’d for the first couple months of 2025 by Trudeau, and then suspended for the election by Carney.
So on that note, I guess we wait & see what happens in the next 24 hours, & the days & weeks etc…following that.
Are you being tariffed by Canada on the USMCA complient RVs/Campers?Are the chimps aware it’s both the best (and worst) trade deal ever signed, depending on the narrative, by one of the guys that signed it?
View attachment 28507
Anyway, USMCA/CUMSHOTMA/NAFTA etc…things might be tariffed starting April 2nd, or not…depends which way the wind is blowing…& the size of Trumps midnight bowel movement, & whether or not he had Wi-Fi access from the bathroom, etc…
United States President Donald Trump exempted Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25 per cent tariffs, offering major reprieves to the United States’s two largest trading partners….in early March.
Trump signed orders Thursday paring back the tariffs, which are related to illegal immigration and fentanyl tracking, until April 2. That is the date when the president is expected to start unveiling plans for so-called reciprocal duties on nations around the world as well as sector-specific duties.
Automobiles and parts that meet USMCA requirements are among the products exempt from the tariffs….until the current USMCA/Whatever agreement expires…or until his delay until April 2nd expires…or until some other arbitrary and evolving timeframe comes and goes? Seriously…
The U.S. president previously offered a one-month exemption to automobiles covered by USMCA, and administration officials were considering exempting certain agricultural imports, before going ahead with broader relief.
View attachment 28508So…we wait & see. The final details still aren’t set in stone, the sources said. Leavitt told reporters Tuesday afternoon Trump was perfecting the policy to "make sure this is a perfect deal for the American people and the American worker.” Etc…like in 2018, but different, but the same. Bigly!!Trump delays Canada, Mexico tariffs for goods covered under USMCA
Donald Trump will exempt Mexican and Canadian goods covered by the USMCA trader agreement from his 25 per cent tariffs. Read here for morefinancialpost.com
March 29 (Reuters) - Canada and Mexico won protections against potential new U.S. auto tariffs in 2018 as part of the U.S.-Mexico-Canada Agreement on trade, but there is no evidence that President Donald Trump will honor those commitments as he imposes 25% duties on global automotive imports…but might or maybe he won’t, but he could, but that doesn’t mean he will, etc…
The Canadian government confirmed the USMCA auto side letters' terms in an emailed statement to Reuters, and said it fully expects the U.S. to honor the agreements.
Canada also has the right to take retaliatory measures in response to U.S. Section 232 tariffs that are inconsistent with USMCA and World Trade Organization obligations, the statement said.
Nobody knows, & thus the marathon of stupidity I’ve been running since about…oh, January 20th or so. It’s not like the CRVA could plead to Parliament that was prorogue’d for the first couple months of 2025 by Trudeau, and then suspended for the election by Carney.
So on that note, I guess we wait & see what happens in the next 24 hours, & the days & weeks etc…following that.
Today? No, not today. Tomorrow? I’ll let you know tomorrow. We just haul them, but the Dealerships we haul them to from the manufacturers aren’t as cavalier and confident as you are, & the Canadian customs brokers don’t know what’s gonna happen tomorrow either. They’ll get 24hrs notice and be expected to respond in kind.
I can tell you that for the last week or so (longer with some brokers), they won’t set up their end of a commercial crossing without a signed bill of lading showing when the product was picked up and became “in transit” in the event these do get tangled up in this horseshit.
We’ve also been warned that CBSA will be watching this like a hawk, & that they may also request further supporting documentation demonstrating that a commodity was truly “picked up & in transit” if the timeframe isn’t believable (like ELD logs showing a reset before crossing, or loading time & date, or receipts for fuel and incidentals as a load is in transit between pick up and border crossing) so even CBSA isn’t as confident as you might think they’d be if USMCA was going to be honoured by Trump, or Carney reciprocally, or Trump reciprocally-reciprocally, etc…
Just saying it’s now wait & see time now, & what you might think is set in stone isn’t.
Sorry, to the above, if the tariffs and reciprocal counter tariffs come in on let’s say April 2nd, & a load is “in transit” (so picked up and moving towards the border) on or before the 2nd, then those goods will be exempt. This is going to be watched like you wouldn’t believe from the sounds of it.
It’s added dramatically to our workload on top of many other things that have added dramatically to our workload in the last 2+ months, and no, the dealerships and the carriers & customs brokers and CBSA agents don’t know what’s going to happen tomorrow yet either.
It’s not like there’s not communication between carriers & brokers & customs & so on & so forth….
…& when we just ourselves haul over 1000 loads annually into Canada, it’s not like we don’t talk to each other.
It’s added dramatically to our workload on top of many other things that have added dramatically to our workload in the last 2+ months, and no, the dealerships and the carriers & customs brokers and CBSA agents don’t know what’s going to happen tomorrow yet either.
It’s not like there’s not communication between carriers & brokers & customs & so on & so forth….
…& when we just ourselves haul over 1000 loads annually into Canada, it’s not like we don’t talk to each other.
So you have a Canada problem who would be breaking USMCA agreement on a compliant product that many are opting to use as full time residences during a housing crisis.
Elbows up!
One will break it, & the other will break it reciprocally, & the other will break it reciprocally reciprocally, etc…or not, & nobody knows for sure, or not. That’s the issue.
The American tariffs (in the microcosm of what we do) don’t hurt us at least not immediately, but the reaction to them sure as shit will, and in a heartbeat…. Assuming a heartbeat is 24 hours in duration or so.