Still any doubts as to why Trump preferred Carnage to become PM?Trump wrote an open letter to the prime minister last week, threatening to impose 35 per cent tariffs on Canadian goods starting Aug. 1, vaguely citing as reasons Ottawa’s trade deficit, counter tariffs, dairy trade restrictions, and failure to halt fentanyl from crossing the border. What Trump didn’t do — as he had done with the DST — was outline exactly what Carney needed to do to get things back on track??? On track for what though?
It seems that the more Trump has pushed for concessions from Canada — on defence, on digital taxes, on fentanyl crackdowns — the more he’s been able to get.
U.S.-Canada trade talks back underway as Trump’s wish list, from oil to DEI, keeps growing — National Post
The reasons Trump might have wanted to derail the negotiations — and what other surprises he might have in storeapple.news
Sources say his senior economic team feels they have to sell the president on deal structures, but that Trump often feels he can press for more.
The Tarriff Hype.
- Thread starter petros
- Start date
This probably sounds good to clueless and uncaring bureaucraps, however the logistics are not at all easy. BC is currently posing this as a solution to the ongoing softwood lumber disagreement. There are a very few very large lumber producers and hundreds of small producers, with differing types of fiber supply quotas. Almost all large producers are unionized. The majority of small ones are not. We have a socialist government at the moment. Who will get to decide how much each lumber manufacturer gets to export under a quota system?
Donald Trump’s tariff ultimatums move around a lot, earning him the hated nickname TACO (Trump Always Chickens Out). His latest deadline is to reach trade "deals" (actually, non-binding memoranda, not conventional treaties) with more than 100 countries, including Canada, by Aug. 1.
apple.news
Any agreement that preserves Trump’s illegal tariffs would lock Canada into a subservient role for many years to come. And there’s no assurance that Trump would even live up to his end (given his regular violations of more comprehensive binding deals, like the Canada-U.S.-Mexico Agreement).
apple.news
Of course, lower higher tariffs are better than higher tariffs, and the federal government may try to convince Canadians to accept an imperfect deal on this basis. It’s possible the average tariff on Canadian products under an Aug. 1 deal would be incrementally lower than those being paid by other countries — including those that have already reached "deals," like China (47 per cent), Indonesia (19 per cent), or the U.K. (10 per cent).
apple.news
This glass-half-full logic is dangerous, however. It’s not just the average tariff rate that determines how much damage will result from Trump’s attacks. The size and composition of trade also matters.
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After all, the very structure of our economy has been shaped by a generation of tariff-free trade within North America. As a result, Canada is more dependent on exports to the U.S. than almost any other economy. Our U.S.-bound exports equal more than 25 per cent of total GDP. That means even a seemingly lower effective tariff rate will cause far more damage to Canada than faced by almost any other country. (Only Mexico is in the same boat.)
Trump thinks Canadians 'nasty' for avoiding U.S. travel, banning booze: ambassador — The Canadian Press
Canadians avoiding travel to the United States and banning American alcohol a
Carney to brief premiers on U.S. trade discussions as Trump deadline bears down — National Post
Carney is joining the provincial and territorial premiers during their summer gathering in Muskoka, Ont., with most of the meeting set to be held in private
U.S.-Canada trade talks back underway as Trump’s wish list, from oil to DEI, keeps growing — National Post
The reasons Trump might have wanted to derail the negotiations — and what other surprises he might have in store
Opinion | Why a bad deal on tariffs with Trump is worse than no deal — Toronto Star
Any agreement that preserves Trump’s illegal tariffs would lock Canada into a subservient role for many years to come. And there’s no assurance that Trump would even live up to his end.
….maybe….That would be something that would have to be planned out, wouldn’t it? Anyway, Donald Trump’s threatened 35-per-cent tariffs on Canadian goods starting Aug. 1 would “most likely” (?) only apply to goods traded outside the United States-Mexico-Canada Agreement currently tariffed at 25 per cent, a U.S. administration official says.
Trump’s 35% tariff threat on Canada will likely exempt USMCA goods, U.S. official says — The Globe and Mail
Official cautions that U.S. President has not yet made a final decision
Yeah, I think that dude went back to being just a shop teacher.
Ummmm. Other than Canada, who else is poised to compete to fill the Russian resources and steel void?