The Tarriff Hype.

spaminator

Hall of Fame Member
Oct 26, 2009
37,607
3,307
113
U.S. tariffs potentially devastating for Canadian businesses: CME poll
Author of the article:Canadian Press
Canadian Press
Published Dec 19, 2024 • 1 minute read

A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers.
A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers,
OTTAWA — A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers.


The report based on a poll of more than 300 manufacturers says nearly nine in 10 Canadian manufacturers would face significant or very severe impacts if the U.S. imposes tariffs on Canadian imports.

Trump has threatened to impose a 25 per cent tariff on all imports from Canada and Mexico once he takes power next month if the countries do not stop the flow of migrants and illegal drugs into the U.S.

The CME poll finds Canadian manufacturers are already taking pre-emptive measures to mitigate tariff risks ahead of the inauguration.

It says 30 per cent are accelerating shipments to the U.S., while another 30 per cent say they have postponed planned investments.

The report also says 48 per cent of manufacturers will consider a hiring freeze or layoffs if the tariffs are implemented and 46 per cent will consider postponing or cancelling planned capital investments.
 

petros

The Central Scrutinizer
Nov 21, 2008
113,368
12,825
113
Low Earth Orbit
U.S. tariffs potentially devastating for Canadian businesses: CME poll
Author of the article:Canadian Press
Canadian Press
Published Dec 19, 2024 • 1 minute read

A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers.
A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers,
OTTAWA — A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers.


The report based on a poll of more than 300 manufacturers says nearly nine in 10 Canadian manufacturers would face significant or very severe impacts if the U.S. imposes tariffs on Canadian imports.

Trump has threatened to impose a 25 per cent tariff on all imports from Canada and Mexico once he takes power next month if the countries do not stop the flow of migrants and illegal drugs into the U.S.

The CME poll finds Canadian manufacturers are already taking pre-emptive measures to mitigate tariff risks ahead of the inauguration.

It says 30 per cent are accelerating shipments to the U.S., while another 30 per cent say they have postponed planned investments.

The report also says 48 per cent of manufacturers will consider a hiring freeze or layoffs if the tariffs are implemented and 46 per cent will consider postponing or cancelling planned capital investments.
Yup so how are the border issues and fentanyl crackdown coming along?

Canada isn't renewing 5 million foreign worker visas in 2025. How will this be enforced?

If the US has to pickup Canadian slack on keeping them from crossing borders illegally into the US, we'll pay for it through tariffs.
 

Dixie Cup

Senate Member
Sep 16, 2006
6,032
3,819
113
Edmonton
U.S. tariffs potentially devastating for Canadian businesses: CME poll
Author of the article:Canadian Press
Canadian Press
Published Dec 19, 2024 • 1 minute read

A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers.
A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers,
OTTAWA — A new report by Canadian Manufacturers and Exporters says the tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers.


The report based on a poll of more than 300 manufacturers says nearly nine in 10 Canadian manufacturers would face significant or very severe impacts if the U.S. imposes tariffs on Canadian imports.

Trump has threatened to impose a 25 per cent tariff on all imports from Canada and Mexico once he takes power next month if the countries do not stop the flow of migrants and illegal drugs into the U.S.

The CME poll finds Canadian manufacturers are already taking pre-emptive measures to mitigate tariff risks ahead of the inauguration.

It says 30 per cent are accelerating shipments to the U.S., while another 30 per cent say they have postponed planned investments.

The report also says 48 per cent of manufacturers will consider a hiring freeze or layoffs if the tariffs are implemented and 46 per cent will consider postponing or cancelling planned capital investments.
Well, it's up to Trudy to fix the border. Will he fix it or will he fight it instead & destroy our economy b'cuz he's too arrogant to admit that his policies suck?
 
  • Like
Reactions: Taxslave2

Dixie Cup

Senate Member
Sep 16, 2006
6,032
3,819
113
Edmonton
Why did I have to learned this from the British? So our jet powered media can keep whining after the plane landed?

Canada announces new border rules following Trump tariff threat​


  • BBC News
  • 18 December 2024, 01:38 GMT
    Updated 18 December 2024, 01:44 GMT
Canada has promised to implement a set of sweeping new security measures along the country's US border, including strengthened surveillance and a joint "strike force" to target transnational organised crime.

The pledge follows a threat from President-elect Donald Trump to impose, when he takes office in January, a 25% tariff on Canadian goods if the country does not secure its shared border to the flow of irregular migrants and illegal drugs.

Economists say such tariffs could strike a blow to Canada's economy.

Announcing details of the plan, Canada's minister of finance and intergovernmental affairs said the federal government would devote C$1.3bn ($900m; £700m) to the plan.
Well, if true, we don't have to worry about the tariff then right? No big deal.
 
  • Like
Reactions: petros

Jinentonix

Hall of Fame Member
Sep 6, 2015
11,253
5,879
113
Olympus Mons
Have you noticed they don't mention the part about "control your border and come down on fentanyl or Ill impose 25% tariffs"? The whole reason for imposing tariffs. Its getting sickening fed cis mis disinformation 24/7
And yet this idiot, half-wit, sub-moronic govt wants to decrim fentanyl nationally, if they already haven't.
And it's not just fentanyl Trump is pissed about. China is using Canada as a 3rd country exporter to circumvent US tariffs and bans on various Chinese goods. Shit arrives from China then it's shipped to the US marked "Product of Canada".
Trump or not, Canada needs to completely de-couple form China. They've been waging grey-zone warfare against us (and the rest of the West) for YEARS now. Time to end any and all relations with China.