The Tarriff Hype.
- Thread starter petros
- Start date
Trumps impending auto announcement.
If he’s a sadistic prick, trying to get his rocks off, which way will the wind blow?
U.S. President Donald Trump said he is slapping a 25 per cent tariff on all autos not made in America….but what if 20% of that “American Made” auto is made in Canada or Mexico???
Speaking Wednesday from the Ofal Office, Trump said the new import duties are separate from other global so-called "reciprocal" tariffs that he will also impose on April 2 on America's allies in retaliation for what Trump claims are unfair trade practices. "I look forward to it," Trump said, calling next Wednesday "liberation day" for America.
….and spluge…in his pants. “JD, get over here & bring the Sham-Wow!!”
The latest punitive measure on foreign cars entering America comes on top of 25 per cent steel and aluminum tariffs Trump imposed on March 12 that hit Canadian and Mexican shipments headed stateside.
Trump claims the auto surcharges will drive carmakers and investors to produce vehicles on American soil — a prospect most industry analysts say will take years to achieve.
"If they're made in the United States," Trump said, there is "absolutely no tariff. We start off with a two and a half per cent base, which is what we were at, and we go to 25 per cent."…oh…so not 25% immediately & a cap of 25%? Is that what he’s now claiming…or is that more bullshit?
"Before I was elected, we were losing all of our plants and were being built in Mexico and Canada and other places. Now those plants largely have stopped (???) and they're moving them to our country," Trump said.
Automakers and analysts have warned the tariff announcement would have a huge impact.
S&P Global Mobility, in a Mar. 12 report, said auto tariffs could mean a potential drop in North American production by "up 20,000 units per day within a week."
"While there is a Trump administration trade agenda, a structured plan is questionable. The U.S. seeks access to Canada’s considerable mineral, power and water resources (in exchange for?) while aiming to curb mainland Chinese investment in Mexico," (in exchange for?) the report said.
It suggested that producers may well “reaffirm” (= kneel & kiss the ring) their commitment to U.S. manufacturing, and possibly shift production from Mexico and Canada, but it said some of those announcements will include "previously decided, but unannounced, investment plans."
So Trump is planning on financially raping his neighbours & allies, & hopes they’ll be grateful if it’s not at 25% tariffs on his own population? Good times.
Whether Trump will be persuaded to grant any other delays or exemptions is unclear, ‘cuz he’s already getting a chubby thinking about screwing with others futures, investments, and flexing America’s economy to sadistically get his jollies.
Canada has argued that Trump's tariffs would be a violation of CUSMA, which Trump signed in 2018. That pact allows tariff-free trade, for example, of cars that contain 70 per cent North American steel and aluminum, and cars that are substantially produced — 40 per cent of their value — by workers at plants where the average hourly wage was at least $16 (US)…but…???
"Autos are our number-two (Guess what number-one is, & what is Carney doing to protect that?) export in this country. It is a sector that supports 125,000 jobs directly, and almost another 500,000 jobs in related industries, many of them good union jobs," said Carney, pledging that any counter-tariff revenue would go toward helping workers and companies, not to tax cuts.
(These are 5 years ago numbers also)
Maybe they should migrate those jobs into “Green Jobs” like mowing golf courses & weeding parks and installing non-Chinese solar panels, etc…??? It’s what the Liberals wanted to do with Western Canada with their woke posing not that long ago.
Donald Trump slapping 25% tariff on all autos imported into the United States — Toronto Star
The latest punitive measure on foreign cars entering America comes on top of 25 per cent steel and aluminum tariffs Trump imposed on March 12 that hit Canadian and Mexican shipments headed stateside.
Mr. Carney told reporters in Kitchener, Ont., that he expects to talk to U.S. President Donald Trump if Trump or one of his underlings accepts the call…
He made the announcement shortly after Mr. Trump signed an executive order that will impose 25-per-cent tariffs on all vehicles imported into the U.S., starting on April 2.
Mr. Carney called the latest tariffs a “direct attack” on Canada and Canadian auto workers, so no big surprise there.
Carney calls Trump’s tariffs on vehicles ‘a direct attack’ on Canada and its auto workers — The Globe and Mail
The Prime Minister is returning to Ottawa in a break from the election campaign to chair a meeting of the cabinet committee on Canada-U.S. relations
How many autos and light trucks are still made in Canada?Trumps impending auto announcement.
If he’s a sadistic prick, trying to get his rocks off, which way will the wind blow?
U.S. President Donald Trump said he is slapping a 25 per cent tariff on all autos not made in America….but what if 20% of that “American Made” auto is made in Canada or Mexico???
Speaking Wednesday from the Ofal Office, Trump said the new import duties are separate from other global so-called "reciprocal" tariffs that he will also impose on April 2 on America's allies in retaliation for what Trump claims are unfair trade practices. "I look forward to it," Trump said, calling next Wednesday "liberation day" for America.
View attachment 28356
….and spluge…in his pants. “JD, get over here & bring the Sham-Wow!!”
The latest punitive measure on foreign cars entering America comes on top of 25 per cent steel and aluminum tariffs Trump imposed on March 12 that hit Canadian and Mexican shipments headed stateside.
Trump claims the auto surcharges will drive carmakers and investors to produce vehicles on American soil — a prospect most industry analysts say will take years to achieve.
"If they're made in the United States," Trump said, there is "absolutely no tariff. We start off with a two and a half per cent base, which is what we were at, and we go to 25 per cent."…oh…so not 25% immediately & a cap of 25%? Is that what he’s now claiming…or is that more bullshit?
"Before I was elected, we were losing all of our plants and were being built in Mexico and Canada and other places. Now those plants largely have stopped (???) and they're moving them to our country," Trump said.
Automakers and analysts have warned the tariff announcement would have a huge impact.
S&P Global Mobility, in a Mar. 12 report, said auto tariffs could mean a potential drop in North American production by "up 20,000 units per day within a week."
"While there is a Trump administration trade agenda, a structured plan is questionable. The U.S. seeks access to Canada’s considerable mineral, power and water resources (in exchange for?) while aiming to curb mainland Chinese investment in Mexico," (in exchange for?) the report said.
It suggested that producers may well “reaffirm” (= kneel & kiss the ring) their commitment to U.S. manufacturing, and possibly shift production from Mexico and Canada, but it said some of those announcements will include "previously decided, but unannounced, investment plans."
So Trump is planning on financially raping his neighbours & allies, & hopes they’ll be grateful if it’s not at 25% tariffs on his own population? Good times.
Whether Trump will be persuaded to grant any other delays or exemptions is unclear, ‘cuz he’s already getting a chubby thinking about screwing with others futures, investments, and flexing America’s economy to sadistically get his jollies.
Canada has argued that Trump's tariffs would be a violation of CUSMA, which Trump signed in 2018. That pact allows tariff-free trade, for example, of cars that contain 70 per cent North American steel and aluminum, and cars that are substantially produced — 40 per cent of their value — by workers at plants where the average hourly wage was at least $16 (US)…but…???
"Autos are our number-two (Guess what number-one is, & what is Carney doing to protect that?) export in this country. It is a sector that supports 125,000 jobs directly, and almost another 500,000 jobs in related industries, many of them good union jobs," said Carney, pledging that any counter-tariff revenue would go toward helping workers and companies, not to tax cuts.
View attachment 28357
(These are 5 years ago numbers also)
Maybe they should migrate those jobs into “Green Jobs” like mowing golf courses & weeding parks and installing non-Chinese solar panels, etc…??? It’s what the Liberals wanted to do with Western Canada with their woke posing not that long ago.
Prime Minister Mark Carney is returning to Ottawa in a break from the election campaign to chair a meeting of the cabinet committee on Canada-U.S. relations.
Donald Trump slapping 25% tariff on all autos imported into the United States — Toronto Star
The latest punitive measure on foreign cars entering America comes on top of 25 per cent steel and aluminum tariffs Trump imposed on March 12 that hit Canadian and Mexican shipments headed stateside.apple.news
Mr. Carney told reporters in Kitchener, Ont., that he expects to talk to U.S. President Donald Trump if Trump or one of his underlings accepts the call…
He made the announcement shortly after Mr. Trump signed an executive order that will impose 25-per-cent tariffs on all vehicles imported into the U.S., starting on April 2.
Mr. Carney called the latest tariffs a “direct attack” on Canada and Canadian auto workers, so no big surprise there.
Carney calls Trump’s tariffs on vehicles ‘a direct attack’ on Canada and its auto workers — The Globe and Mail
The Prime Minister is returning to Ottawa in a break from the election campaign to chair a meeting of the cabinet committee on Canada-U.S. relations
No idea. How many autos & light trucks are still made in Canada? Enough to support about 125,000 jobs directly & another 500,000 jobs indirectly? About that many livelihoods that Trump wants to annex from Canada?
Etc…see above about 8” or so. Is it the number of autos & light trucks, or the number of livelihoods that’s really at stake here? If it’s option A & not B, how many autos & light trucks?
What has Carney pledged to protect the number one export from Canada so far? Is that crickets I’m hearing because it’s not centred in the vote rich areas he’s targeting for April 28th-ish?
What’s Carney doing to fight for canola and uranium and potash and soft wood lumber and fisheries, and so on and so forth? Or is the Number Two really his number one? Just ask’n…
Dodge Charger Daytona
Chrysler Pacifica
Chrysler Voyager
Chevrolet Silverado
Lincoln Nautilus
Ford Edge
Ford GT
Toyota RAV4
Lexus RX
Honda Civic Sedan
Honda Civic Coupe
Honda CR-V
F350
Chrysler Pacifica
Chrysler Voyager
Chevrolet Silverado
Lincoln Nautilus
Ford Edge
Ford GT
Toyota RAV4
Lexus RX
Honda Civic Sedan
Honda Civic Coupe
Honda CR-V
F350
Hmmm…how ‘bout that? Parts aren’t being hit now, or this week, or this round? Cool!
Well, that’s a potentially temporary relief!!
So how long until Trump needs to scratch that itch on his bits&pieces again that he hasn’t been able to see for the last couple decades? Oh, so it’s “just” on completed vehicles from Canada…those workers jobs that he wants to annex to America through economic force? Phew, well that’s just awesome! What a swell guy he is! Just “those” 13 or so models need to move their plants and jobs to America to make Trump feel like he’s a hero? How many jobs (directly and indirectly) are those 13 models & the parts that go into them providing in Canada?
Less than the total of the auto industry when parts aren’t being hit also at this point? That’s a relief. We should put up a statue to that dude, made out of aluminum, mined & smelted and manufactured in Canada…to stay in Canada, so nobody pays the tariff on it. It can be as flattering (or non-flattering) as we wish. Might become one of our series, each with their own pose.
They don’t have to be overly “Bigly” or anything, just 10’ tall each, on an aluminum pedestal of comparable size, each with their own unique pose. We can save money if necessary, by making the hands smaller than scale for example, etc…& we might even start exporting them (not to America or any other nation that would charge a tariff on it, mind you) as with Trumps war on everybody, I’m assuming there’s gonna be a market!!
They could be like a numbered series like the Canadian mint puts out for quarters. Collect them all, etc…
Don't forget the counter tariffs where our Govt rakes 25% as well. Convenient.Hmmm…how ‘bout that? Parts aren’t being hit now, or this week, or this round? Cool!
Well, that’s a potentially temporary relief!!
So how long until Trump needs to scratch that itch on his bits&pieces again that he hasn’t been able to see for the last couple decades? Oh, so it’s “just” on completed vehicles from Canada…those workers jobs that he wants to annex to America through economic force? Phew, well that’s just awesome! What a swell guy he is! Just “those” 13 or so models need to move their plants and jobs to America to make Trump feel like he’s a hero? How many jobs (directly and indirectly) are those 13 models & the parts that go into them providing in Canada?
Less than the total of the auto industry when parts aren’t being hit also at this point? That’s a relief. We should put up a statue to that dude, made out of aluminum, mined & smelted and manufactured in Canada…to stay in Canada, so nobody pays the tariff on it. It can be as flattering (or non-flattering) as we wish. Might become one of our series, each with their own pose.
They don’t have to be overly “Bigly” or anything, just 10’ tall each, on an aluminum pedestal of comparable size, each with their own unique pose. We can save money if necessary, by making the hands smaller than scale for example, etc…& we might even start exporting them (not to America or any other nation that would charge a tariff on it, mind you) as with Trumps war on everybody, I’m assuming there’s gonna be a market!!
They could be like a numbered series like the Canadian mint puts out for quarters. Collect them all, etc…
I’ve not forgotten them, as they’ve (the panic leading up the their potential implementation) greatly increased my workload without reward to not lose business to panic.
Want to actually do something?? Let your own citizens vote with their wallets, & whatever Trump tariffs as an import tax from Canada, add a 30% export tax to exactly the same items. That’s it. Done.
No import tariffs. If Americans find imports from Canada too expensive while Trump attempts to shake down the planet in his global game of chicken, he can lower his import tariffs & we’ll lower our export tariffs at 30% of whatever the import tariff is.
When the import tariff amount is zero, the 30% export tariff on zero would be zero. Play along & not play into that sadistic bozo’s game. Don’t shoot ourselves in the foot to match Trump shooting Americans in the foot.
If Trump charges a 10% import tariff on Canadian Crude, Canada charges 30% of that 10% (so about 3%) as an export tax. If Trump charges 25% on Auto parts or completed units, Canada charges 30% on that 25% (so about 8%) as an export tax.
Whatever is collected goes into a designated fund (not general revenue), & we use it to fund military spending & paying down debt. It’ll be temporary so spend it wisely.
I wouldn't have done a damn thing when it comes to tariffs in retaliation and went straight to cancelling USMCA and dropped the "preferred.nation" status on all trade leaving the same duties for US as Botswana or any other non-preferred nation.
So here we are, two old farts on a forum, & yet we each come up with policies independent of reciprocal dollar for dollar tariffs that wouldn’t directly punish the Canadian population and industries for Trump’s manifest destiny ambitions.
Neither idea is flashy in an election campaign worthy reactionary “look at me” sort’a way, but both also don’t directly punish Canadians for Trump being Trump.
Well, there's your problem right there!
Spoke too soon…
A “fact sheet” released by the White House says the tariff will be applied to all imported cars and light trucks and “key” auto parts, specifically engines, transmissions, powertrain parts and electrical components.
Vehicles imported under the Canada-United States-Mexico Agreement (CUSMA) free trade deal will only be tariffed on the value of components built outside the U.S. Hmmmm….
Trump said the goal of the “newest new-new” tariffs is to push automakers to move vehicle and part production from other countries, including Canada and Mexico, to the U.S.
“They’re going to move their parts divisions back to the United States, because some of them were made in Canada and some of them were made in Mexico and other places,” he said.
When asked if there was a scenario in which the tariffs would be removed, Trump said no: “This is permanent, one hundred per cent.”…& there’s the non-negotiating room to non-negotiate.
'This will hurt us': Trump imposes 25% tariffs on auto imports, dealing another blow to Canada — National Post
Prime Minister Mark Carney called the tariffs a 'direct attack' on Canadian workers and promised to attempt to speak directly to Trump 'soon'
GAC president and CEO David Adams argued Trump’s announcement was “antithetical” to CUSMA and would ultimately drive up costs for U.S. consumers.
“It’s almost like that agreement really doesn’t matter, because the reality is that all of those vehicles are still getting tariffed, but only on the components,” he told National Post.
This explains plenty. I'm not so keen on this shit either.Spoke too soon…
A “fact sheet” released by the White House says the tariff will be applied to all imported cars and light trucks and “key” auto parts, specifically engines, transmissions, powertrain parts and electrical components.
Vehicles imported under the Canada-United States-Mexico Agreement (CUSMA) free trade deal will only be tariffed on the value of components built outside the U.S. Hmmmm….
Trump said the goal of the “newest new-new” tariffs is to push automakers to move vehicle and part production from other countries, including Canada and Mexico, to the U.S.
“They’re going to move their parts divisions back to the United States, because some of them were made in Canada and some of them were made in Mexico and other places,” he said.
When asked if there was a scenario in which the tariffs would be removed, Trump said no: “This is permanent, one hundred per cent.”…& there’s the non-negotiating room to non-negotiate.
The head of Global Automakers of Canada (GAC), an industry group representing many large European and Asian automakers, said non-American components make up upwards of 50 per cent of some of the vehicles his members produce in Canada.
'This will hurt us': Trump imposes 25% tariffs on auto imports, dealing another blow to Canada — National Post
Prime Minister Mark Carney called the tariffs a 'direct attack' on Canadian workers and promised to attempt to speak directly to Trump 'soon'
GAC president and CEO David Adams argued Trump’s announcement was “antithetical” to CUSMA and would ultimately drive up costs for U.S. consumers.
“It’s almost like that agreement really doesn’t matter, because the reality is that all of those vehicles are still getting tariffed, but only on the components,” he told National Post.
Prime Minister Justin Trudeau and Premier Doug Ford teamed up to hand $57 billion in electric vehicle manufacturing subsidies to wealthy auto giants like Volkswagen, Stellantis, Honda and General Motors in recent years.
In a post early Thursday on his Truth Social platform, Trump said: “If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!”
apple.news
Trump threatens 'large scale' tariffs on Canada, EU — Global News
U.S. President Donald Trump is threatening 'large scale' tariffs on Canada and the European Union after slapping a fresh round of tariffs on auto imports.
At least we'll have open assembly line space to crank out arms.In a post early Thursday on his Truth Social platform, Trump said: “If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!”
View attachment 28369
Trump threatens 'large scale' tariffs on Canada, EU — Global News
U.S. President Donald Trump is threatening 'large scale' tariffs on Canada and the European Union after slapping a fresh round of tariffs on auto imports.
Trump does not seem to have a firm grasp of the problems with moving all production to the US. You don't just go to Amazon and buy an automotive assembly line, or to the welfare office to find the kind of skilled labour required to run them. This is a decades long process. Same goes for building the steel mills to produce all the currently imported materials.
Or the need to import raw materials to process into all these products. Assuming anyone wants to sell to the US. Developing mines to obtain all the raw materials nationally isn't an overnight process, either.
Or the need to import raw materials to process into all these products. Assuming anyone wants to sell to the US. Developing mines to obtain all the raw materials nationally isn't an overnight process, either.