Seems like The Donald, and indeed, much of the media still haven't figured out who pays the tariffs on imports to the US.View attachment 30379
President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.
The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes.
Trump's moves could scramble the economic trajectory of India, which until recently was seen as an alternative to China by American companies looking to relocate their manufacturing. China also buys oil from Russia, but it was not included in the order signed by the Republican president.
(As part of a negotiating period with Beijing, Trump has placed 30% tariffs on goods from China, a rate that is smaller than the combined import taxes with which he has threatened New Delhi)
At a population exceeding 1.4 billion people, India is the world’s largest country andrepresentsrepresented a way for the U.S. to counter China's influence in Asia. But India has not supported the Ukraine-related sanctions by the U.S. and its allies on Moscow even as India's leaders have maintained that they want peace.
In 2024, the U.S. ran a $45.8 billion trade deficit in goods with India, meaning it imported more than it exported, according to the U.S. Census Bureau.
The U.S. and China are currently in negotiations on trade, with Washington imposing a 30% tariff on Chinese goods and facing a 10% retaliatory tax from Beijing on American products.
Trump to put additional 25% import taxes on India, bringing combined tariffs to 50% — The Canadian Press
WASHINGTON (AP) — President Donald Trump signed anapple.news
The Tarriff Hype.
- Thread starter petros
- Start date
Canadian resolve on trade negotiations hardens as country faces day one of increased tariffs - Angus Reid Institute
Two-thirds say Canada should take “hard” line in trade talks, rebuff Trump’s rebuke on Palestine stance August 1, 2025 – Canadian resolve in the face of what are now 35 per cent tariffs on non-USMCA protected goods (notwithstanding items already subject to a Trump-imposed 50 per cent) is holding...
angusreid.org
Glad more Canadians are all about pushing harder on the US. Cause fuck em.
I called it couple months ago. If Canada drops its stance on Palestine Nationhood, we'll be on level ground. Trump showed his hand saying the quiet part out loud.Canadian resolve on trade negotiations hardens as country faces day one of increased tariffs - Angus Reid Institute
Two-thirds say Canada should take “hard” line in trade talks, rebuff Trump’s rebuke on Palestine stance August 1, 2025 – Canadian resolve in the face of what are now 35 per cent tariffs on non-USMCA protected goods (notwithstanding items already subject to a Trump-imposed 50 per cent) is holding...
Glad more Canadians are all about pushing harder on the US. Cause fuck em.
What Carney is doing is "Elbows Up".
Canada's power isn't in energy.
Our power is in food....
Saskatchewan has the power to leave USA or China without fertilizer then sell them our grain at crazy prices on contract.
Politicians in conservative states most affected by U.S. tariffs on Canadian goods — and Ottawa’s targeted retaliatory tariffs against key sectors in Republican strongholds — are increasingly concerned over the economic fallout from Donald Trump’s trade agenda, especially with the 2026 midterm elections looming.
(Will that overlap CUZMA/NAFTA/USYMCA strong arming? I haven’t checked)
Many lawmakers likely hope they won’t have to wait for the midterms for a reckoning. Last week, the Washington, D.C.-based Federal Circuit Court of Appeals heard oral arguments in challenges to Trump’s use of IEEPA, and a decision could come as early as this month over the legality of the tariffs. Packard suggests that many Republicans are “quietly hoping that a court will strike down the tariffs.”
A source close to the U.S.-Canada trade negotiations, who spoke on condition of anonymity, said they’ve had conversations with those in Congress who are concerned by the tariffs. They are “literally sitting back and hoping that the courts do their job for them so they don’t have to deal with this,” the source said.
Barring a legal solution, it will be left to the voters to weigh in on Trump’s tariffs. At the moment, economists are predicting slower growth, but few are talking about a recession in the coming year, despite the lower-than-expected employment report. But “if that continues, if inflation ticks up, which it looks like it’s potentially starting to do, then I think voters will punish the incumbents,” says Manak.
apple.news
(Will that overlap CUZMA/NAFTA/USYMCA strong arming? I haven’t checked)
Many lawmakers likely hope they won’t have to wait for the midterms for a reckoning. Last week, the Washington, D.C.-based Federal Circuit Court of Appeals heard oral arguments in challenges to Trump’s use of IEEPA, and a decision could come as early as this month over the legality of the tariffs. Packard suggests that many Republicans are “quietly hoping that a court will strike down the tariffs.”
A source close to the U.S.-Canada trade negotiations, who spoke on condition of anonymity, said they’ve had conversations with those in Congress who are concerned by the tariffs. They are “literally sitting back and hoping that the courts do their job for them so they don’t have to deal with this,” the source said.
Barring a legal solution, it will be left to the voters to weigh in on Trump’s tariffs. At the moment, economists are predicting slower growth, but few are talking about a recession in the coming year, despite the lower-than-expected employment report. But “if that continues, if inflation ticks up, which it looks like it’s potentially starting to do, then I think voters will punish the incumbents,” says Manak.
Donald Trump’s tariffs on Canada are making his party anxious ahead of 2026 midterms — National Post
Polling has shown that the majority of Americans — and the vast majority of Democrats — oppose the tariffs
Well, they'll have go back to borrowing money. Good thing they want to stop a extremely viable revenue stream. It might piss of the 5 banks that make up the Fed ReservePoliticians in conservative states most affected by U.S. tariffs on Canadian goods — and Ottawa’s targeted retaliatory tariffs against key sectors in Republican strongholds — are increasingly concerned over the economic fallout from Donald Trump’s trade agenda, especially with the 2026 midterm elections looming.
(Will that overlap CUZMA/NAFTA/USYMCA strong arming? I haven’t checked)
Many lawmakers likely hope they won’t have to wait for the midterms for a reckoning. Last week, the Washington, D.C.-based Federal Circuit Court of Appeals heard oral arguments in challenges to Trump’s use of IEEPA, and a decision could come as early as this month over the legality of the tariffs. Packard suggests that many Republicans are “quietly hoping that a court will strike down the tariffs.”
View attachment 30418
A source close to the U.S.-Canada trade negotiations, who spoke on condition of anonymity, said they’ve had conversations with those in Congress who are concerned by the tariffs. They are “literally sitting back and hoping that the courts do their job for them so they don’t have to deal with this,” the source said.
Barring a legal solution, it will be left to the voters to weigh in on Trump’s tariffs. At the moment, economists are predicting slower growth, but few are talking about a recession in the coming year, despite the lower-than-expected employment report. But “if that continues, if inflation ticks up, which it looks like it’s potentially starting to do, then I think voters will punish the incumbents,” says Manak.
Donald Trump’s tariffs on Canada are making his party anxious ahead of 2026 midterms — National Post
Polling has shown that the majority of Americans — and the vast majority of Democrats — oppose the tariffs
Boosting domestic manufacturing is ostensibly the chief long-term goal of U.S. President Donald Trump's tariffs, but there's little evidence the sweeping import taxes will bring factory jobs to American workers at the scale he's touting.
Trump has floated multiple reasons for launching his country's highest tariffs in nearly a century, including halting the (relatively minimal) trafficking of fentanyl from Canada and generating hundreds of billions of dollars in revenue for the U.S. Treasury from…from where again?
Yet Trump's most consistent pitch has been that tariffs will trigger a new golden age in domestic manufacturing, forcing companies to build factories in the U.S. and creating what he has said will be "millions and millions of jobs."
Americans who based their vote for Trump in 2024 on this promise must now wait to see if it's fulfilled. That wait could prove infinitely long.
Trump pledged 'millions of jobs' from tariffs. Here's how the prospects look — CBC News
Boosting domestic manufacturing is ostensibly the chief long-term goal of U.S. President Donald Trump’s tariffs, but there’s little evidence the sweeping import taxes will bring factory jobs to American workers at the scale he’s touting.
Trump's strategy is "going to increase costs, it's going to decrease U.S. competitiveness and it's going to make us worse off," Luck told CBC News Network on Thursday…& with Canada tied so closely to the US economy, when America catches a financial cold, Canada sneezes.
Carney said he hadn't spoken to Trump in recent days and will do so "when it makes sense."
Canada-U.S. Trade Minister Dominic LeBlanc has said he will continue talks with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer.
The Trump administration continues to link its trade war with illegal fentanyl smuggling, despite U.S. Customs and Border Protection (CBP) data showing that fentanyl seizures from Canada make up less than one per cent of total U.S. seizures of the drug, & no mention of the flow of drugs & guns into Canada but that’s a different story and not America’s problem or concern.
Carney hints at dropping some U.S. tariffs if it will help Canadian industries hit by trade war — CBC News
Prime Minister Mark Carney showed no signs of retaliating against U.S. President Donald Trump's increased tariffs — and even suggested he's open to removing existing tariffs if it would help Canadian industries.
Another angle. . . suppose Trump is right. America gets lots of factories, and lots of JAWBS!
The profits go to the parent companies in other countries. Is it worth it?
The profits go to the parent companies in other countries. Is it worth it?
Factories? Probably. Jobs not likely when the jobs that went offshore 40 years ago are now automated.
This is some crazy Banana Republican/Keystone cops type shit going down from the sounds of it…
Texas Gov. Greg Abbott 'preparing to arrest' fleeing Democrats who left state — Global News
Abbott warned that Democrats would have to remain out of state for years to prevent the redistricting legislation from passing.
“We are in the process as we speak right now of searching for, preparing to arrest Democrats who may be in Texas, may be elsewhere,” he told the outlet.
Cambodia formally nominates Trump for Nobel Peace Prize
Author of the article:Bloomberg News
Bloomberg News
Philip J. Heijmans
Published Aug 07, 2025 • 1 minute read
Cambodia formally nominated President Donald Trump for the Nobel Peace Prize after the U.S. leader threatened to halt trade deals unless the Southeast Asian nation agreed to a ceasefire with Thailand in a recent armed conflict.
In a letter dated Aug. 7 to the Norwegian Nobel Committee, Cambodian Prime Minister Hun Manet said Trump’s intervention in the conflict helped avert “a potentially devastating conflict” and restored peace along the two countries’ shared border. He credited Trump’s “visionary and innovative diplomacy” for the breakthrough.
Trump had used his favored bargaining tool of trade deals and tariffs to get Cambodia and Thailand to agree to the truce last month. The ceasefire came after five days of clashes that included airstrikes and artillery shelling, which left dozens dead and displaced over 300,000 people along the roughly 800-kilometre (500-mile) border.
The U.S. president has repeatedly said he deserves the Nobel Peace Prize for his role in mediating conflicts, including between Pakistan and India and Iran and Israel. Pakistan also nominated Trump for the prize, although India has consistently said Trump played no role in securing the truce. Recipients of the peace prize typically don’t lobby for the award.
torontosun.com
Author of the article:Bloomberg News
Bloomberg News
Philip J. Heijmans
Published Aug 07, 2025 • 1 minute read
Cambodia formally nominated President Donald Trump for the Nobel Peace Prize after the U.S. leader threatened to halt trade deals unless the Southeast Asian nation agreed to a ceasefire with Thailand in a recent armed conflict.
In a letter dated Aug. 7 to the Norwegian Nobel Committee, Cambodian Prime Minister Hun Manet said Trump’s intervention in the conflict helped avert “a potentially devastating conflict” and restored peace along the two countries’ shared border. He credited Trump’s “visionary and innovative diplomacy” for the breakthrough.
Trump had used his favored bargaining tool of trade deals and tariffs to get Cambodia and Thailand to agree to the truce last month. The ceasefire came after five days of clashes that included airstrikes and artillery shelling, which left dozens dead and displaced over 300,000 people along the roughly 800-kilometre (500-mile) border.
The U.S. president has repeatedly said he deserves the Nobel Peace Prize for his role in mediating conflicts, including between Pakistan and India and Iran and Israel. Pakistan also nominated Trump for the prize, although India has consistently said Trump played no role in securing the truce. Recipients of the peace prize typically don’t lobby for the award.
Cambodia formally nominates Trump for Nobel Peace Prize
Cambodia formally nominated President Donald Trump for the Nobel Peace Prize after the U.S. leader threatened to halt trade deals.
U.S. increases duties on Canadian softwood lumber, bringing total to more than 35% — CBC News
The United States has increased countervailing duties on Canadian softwood lumber, bringing the total to 35.19 per cent.
That'll teach ya!
U.S. increases duties on Canadian softwood lumber, bringing total to more than 35% — CBC News
The United States has increased countervailing duties on Canadian softwood lumber, bringing the total to 35.19 per cent.
That seals the deal. No Texas.
The Mrs reeeeally liked Spain tho and its 50% less.
I can take a hint.
The Mrs reeeeally liked Spain tho and its 50% less.
I can take a hint.
Spanish and French are just fine. Yes Morroco has potential. Rumour has it there will be rail from Madrid to Casablanca in time for the World Cup. Property in Morocco will skyrocket.