The Tarriff Hype.
- Thread starter petros
- Start date
“I think we have different concepts,” said Trump on trade with Canada. “I have a tariff concept. Mark (Carney) has a different concept, which is something that some people like. But we’re going to see if we can get to the bottom of it today.”
Asked if a new deal could come within days or weeks, Trump said yes but noted that both parties had to come to an agreement.
Monday morning’s meeting is the first since the two men met in Washington, D.C. in early May. Canada has been a major target of Trump’s trade and rhetorical belligerence.
apple.news
Although Trump has largely scaled back talk of annexing Canada, making its northern neighbour the 51st state, trade troubles remain top of mind for observers and Canadian diplomats. Canada will be pushing Trump this week on lowering the 50-per-cent tariffs placed on Canadian steel and aluminum and further tariffs on foreign vehicle imports.
Asked if a new deal could come within days or weeks, Trump said yes but noted that both parties had to come to an agreement.
Monday morning’s meeting is the first since the two men met in Washington, D.C. in early May. Canada has been a major target of Trump’s trade and rhetorical belligerence.
Trump says deal with Canada is achievable but 'we have different concepts' on trade — National Post
The heads of the world's seven most powerful economies are meeting amid a U.S.-led tariff war and global uncertainty
we gonna be buttfucked with terroriffs.“I think we have different concepts,” said Trump on trade with Canada. “I have a tariff concept. Mark (Carney) has a different concept, which is something that some people like. But we’re going to see if we can get to the bottom of it today.”
Asked if a new deal could come within days or weeks, Trump said yes but noted that both parties had to come to an agreement.
Monday morning’s meeting is the first since the two men met in Washington, D.C. in early May. Canada has been a major target of Trump’s trade and rhetorical belligerence.
Although Trump has largely scaled back talk of annexing Canada, making its northern neighbour the 51st state, trade troubles remain top of mind for observers and Canadian diplomats. Canada will be pushing Trump this week on lowering the 50-per-cent tariffs placed on Canadian steel and aluminum and further tariffs on foreign vehicle imports.Trump says deal with Canada is achievable but 'we have different concepts' on trade — National Post
The heads of the world's seven most powerful economies are meeting amid a U.S.-led tariff war and global uncertainty
Well, I suppose as long as…we gonna be buttfucked with terroriffs.
“From day one, Carney and his team have been pitching security and defence co-operation in return for trade access with insistence that existing trade agreements are valid legal documents,” said Jeremy Paltiel, a professor of political science at Carleton University. Mr. Trump, by contrast, ”wants a minimum tariff floor like he got with the U.K.”
Uh-Oh…
You fell to your knees in adoration. Now you get to wipe off your mouth and get on with your day.we gonna be buttfucked with terroriffs.
Look at those lizard-like bedroom eyes…
Guess we know the symbolism with the lapel pin arrangement today.
Eby in B.C. prefers to use China for their ferries so no Canadian jobs, no Canadian steel or Aluminum so we can't even use these within Canada & we're worried about the States tariffs? Our own government is letting us down by not supporting our own industries. How stupid is that?“I think we have different concepts,” said Trump on trade with Canada. “I have a tariff concept. Mark (Carney) has a different concept, which is something that some people like. But we’re going to see if we can get to the bottom of it today.”
Asked if a new deal could come within days or weeks, Trump said yes but noted that both parties had to come to an agreement.
Monday morning’s meeting is the first since the two men met in Washington, D.C. in early May. Canada has been a major target of Trump’s trade and rhetorical belligerence.
Although Trump has largely scaled back talk of annexing Canada, making its northern neighbour the 51st state, trade troubles remain top of mind for observers and Canadian diplomats. Canada will be pushing Trump this week on lowering the 50-per-cent tariffs placed on Canadian steel and aluminum and further tariffs on foreign vehicle imports.Trump says deal with Canada is achievable but 'we have different concepts' on trade — National Post
The heads of the world's seven most powerful economies are meeting amid a U.S.-led tariff war and global uncertainty
The 51st state ditty was in response to Trudy's stupid response in that tariffs will "collapse the Canadian economy" which is why Trump said that maybe we'd be better off as the 51 State. I laughed like hell 'cuz he was kinda right. You can't run the country maybe we can help!! I LOVED IT!! It simply showed how weak our politicians are & how apathetic Canadians are to what is happening world-wide!
And the Liberals used Trump to scare the low hanging fruit to vote against their best interests & this is where we are now.
Canada will impose new counter-tariffs against U.S. if it can't make a trade deal in 30 days, Mark Carney says — Toronto Star
The prime minister also announced a Buy Canadian policy for steel and aluminum used in federal procurement.
Exactly what he wants and needs . More money flowing into the treasury .View attachment 29705
Canada will impose new counter-tariffs against U.S. if it can't make a trade deal in 30 days, Mark Carney says — Toronto Star
The prime minister also announced a Buy Canadian policy for steel and aluminum used in federal procurement.
The details of the discussions between Ottawa and Washington, which kicked into high gear this month following a meeting between Mr. Trump and Prime Minister Mark Carney at the G7 summit, remain a tightly held secret. One business leader, who has consulted with the Canadian team, likened Mr. Carney’s approach to how investment bankers run M&A deals: only a handful of people have access to the terms, and secrecy is paramount.
apple.news
But as negotiators sprint toward a self-imposed July 21 deadline, there’s a growing sense in the business community and among trade experts that Mr. Trump is unlikely to remove all the tariffs he’s placed on Canadian goods in recent months – no matter what Ottawa puts on the table.
apple.news
“Free trade is no longer free. It comes with a subscription cost, and the subscription cost is a tariff,” said Goldy Hyder, president and chief executive officer of the Business Council of Canada.
apple.news
Mr. Trump (and the courts) has de-escalated his global trade war in recent months. He paused the “reciprocal tariffs” he placed on more than 50 countries (excluding Canada and Mexico) for three months, and introduced several important tariff carve-outs for Canadian and Mexican goods. Dozens of countries are now negotiating with the U.S. to secure a more permanent reprieve, with the July 9 “reciprocal tariff” deadline rapidly approaching.
“The Brits, depending on your perspective, fortunately or unfortunately, set the standard. Not only did they agree to quotas, but they agreed to tariffs within the quotas. And that makes negotiating against that a difficult position for other countries around the world,” said Daniel Ujczo, a trade lawyer with U.S. law firm Thompson Hine LLP.
Mr. Trump’s tariffs are a breach of U.S. obligations under the United States-Mexico-Canada Agreement, the free-trade deal that Mr. Trump himself negotiated during his first term in office. Agreeing to keep some levies in place could make it hard to proceed with USMCA renewal discussions, which are currently scheduled for 2026, said Meredith Lilly, professor of international economic policy at Carleton University and a former trade adviser to prime minister Stephen Harper.
Moreover, a hastily arranged deal could leave Canada exposed to the future whims of Mr. Trump.
Unlike a typical trade agreement, which is hashed out over years by hundreds of lawyers and bureaucrats agonizing over every detail, the kind of deal Mr. Trump signed with Britain in May is of questionable legality and could be hard to enforce.
Finally, there are Canada’s efforts to close ranks with the Americans to prevent cheap Chinese imports from flooding North American markets. Canada matched U.S. tariffs on Chinese electric vehicles during the final months of Joe Biden’s presidency. More recently, it has slapped tariffs and quotas on Chinese steel like America under Trump has done to Canada, partly to protect the Canadian market and partly to address U.S. concerns about Chinese steel being routed through Canada.
“I want to emphasize you do not get a seat at the table for one of these deals without agreeing to take action against China,” Mr. Ujczo said.
Canada must not accept any trade deal that includes auto tariffs, head of Unifor says — The Globe and Mail
Trump’s 25-per-cent tariffs on imported cars have put every Canadian automotive plant at risk of production cuts and job losses, Lana Payne says
Canada refuses to pause digital sales tax as trade talks with U.S. continue Friday — The Globe and Mail
Scrapping levy is among U.S. demands in current trade talks
As U.S. trade deal deadline looms, Ottawa begins to temper expectations — The Globe and Mail
Negotiators remain tight-lipped, but observers think final agreement likely to retain some level of tariffs and quotas
“The Brits, depending on your perspective, fortunately or unfortunately, set the standard. Not only did they agree to quotas, but they agreed to tariffs within the quotas. And that makes negotiating against that a difficult position for other countries around the world,” said Daniel Ujczo, a trade lawyer with U.S. law firm Thompson Hine LLP.
Mr. Trump’s tariffs are a breach of U.S. obligations under the United States-Mexico-Canada Agreement, the free-trade deal that Mr. Trump himself negotiated during his first term in office. Agreeing to keep some levies in place could make it hard to proceed with USMCA renewal discussions, which are currently scheduled for 2026, said Meredith Lilly, professor of international economic policy at Carleton University and a former trade adviser to prime minister Stephen Harper.
Moreover, a hastily arranged deal could leave Canada exposed to the future whims of Mr. Trump.
Unlike a typical trade agreement, which is hashed out over years by hundreds of lawyers and bureaucrats agonizing over every detail, the kind of deal Mr. Trump signed with Britain in May is of questionable legality and could be hard to enforce.
Finally, there are Canada’s efforts to close ranks with the Americans to prevent cheap Chinese imports from flooding North American markets. Canada matched U.S. tariffs on Chinese electric vehicles during the final months of Joe Biden’s presidency. More recently, it has slapped tariffs and quotas on Chinese steel like America under Trump has done to Canada, partly to protect the Canadian market and partly to address U.S. concerns about Chinese steel being routed through Canada.
“I want to emphasize you do not get a seat at the table for one of these deals without agreeing to take action against China,” Mr. Ujczo said.
So we just match Trumps tariffs and all is good huh?The details of the discussions between Ottawa and Washington, which kicked into high gear this month following a meeting between Mr. Trump and Prime Minister Mark Carney at the G7 summit, remain a tightly held secret. One business leader, who has consulted with the Canadian team, likened Mr. Carney’s approach to how investment bankers run M&A deals: only a handful of people have access to the terms, and secrecy is paramount.
But as negotiators sprint toward a self-imposed July 21 deadline, there’s a growing sense in the business community and among trade experts that Mr. Trump is unlikely to remove all the tariffs he’s placed on Canadian goods in recent months – no matter what Ottawa puts on the table.Canada must not accept any trade deal that includes auto tariffs, head of Unifor says — The Globe and Mail
Trump’s 25-per-cent tariffs on imported cars have put every Canadian automotive plant at risk of production cuts and job losses, Lana Payne says
“Free trade is no longer free. It comes with a subscription cost, and the subscription cost is a tariff,” said Goldy Hyder, president and chief executive officer of the Business Council of Canada.Canada refuses to pause digital sales tax as trade talks with U.S. continue Friday — The Globe and Mail
Scrapping levy is among U.S. demands in current trade talks
Mr. Trump (and the courts) has de-escalated his global trade war in recent months. He paused the “reciprocal tariffs” he placed on more than 50 countries (excluding Canada and Mexico) for three months, and introduced several important tariff carve-outs for Canadian and Mexican goods. Dozens of countries are now negotiating with the U.S. to secure a more permanent reprieve, with the July 9 “reciprocal tariff” deadline rapidly approaching.As U.S. trade deal deadline looms, Ottawa begins to temper expectations — The Globe and Mail
Negotiators remain tight-lipped, but observers think final agreement likely to retain some level of tariffs and quotas
“The Brits, depending on your perspective, fortunately or unfortunately, set the standard. Not only did they agree to quotas, but they agreed to tariffs within the quotas. And that makes negotiating against that a difficult position for other countries around the world,” said Daniel Ujczo, a trade lawyer with U.S. law firm Thompson Hine LLP.
Mr. Trump’s tariffs are a breach of U.S. obligations under the United States-Mexico-Canada Agreement, the free-trade deal that Mr. Trump himself negotiated during his first term in office. Agreeing to keep some levies in place could make it hard to proceed with USMCA renewal discussions, which are currently scheduled for 2026, said Meredith Lilly, professor of international economic policy at Carleton University and a former trade adviser to prime minister Stephen Harper.
Moreover, a hastily arranged deal could leave Canada exposed to the future whims of Mr. Trump.
View attachment 29811
Unlike a typical trade agreement, which is hashed out over years by hundreds of lawyers and bureaucrats agonizing over every detail, the kind of deal Mr. Trump signed with Britain in May is of questionable legality and could be hard to enforce.
Finally, there are Canada’s efforts to close ranks with the Americans to prevent cheap Chinese imports from flooding North American markets. Canada matched U.S. tariffs on Chinese electric vehicles during the final months of Joe Biden’s presidency. More recently, it has slapped tariffs and quotas on Chinese steel like America under Trump has done to Canada, partly to protect the Canadian market and partly to address U.S. concerns about Chinese steel being routed through Canada.
“I want to emphasize you do not get a seat at the table for one of these deals without agreeing to take action against China,” Mr. Ujczo said.
Trump ending trade talks with Canada over its digital services tax — The Globe and Mail
In a Truth Social post, U.S. President says he will impose a blanket tariff on all the country’s products
Bill’s C-10 & C-11. If we aren’t talking about it already, shouldn’t we be?
This has to start somewhere, so might as well start with a Wiki summary of C-11 (as C-10 got squashed when the last election got called): http://en.wikipedia.org/wiki/Online_Streaming_Act The Online Streaming Act (Bill C-11) is a proposed Canadian federal legislation. It was first introduced...
forums.canadiancontent.net
“Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately,” Mr. Trump wrote. “We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period.”
Canada is set to start levying the digital services tax next week. Another timely time bomb from Justin Trudeau thinking Poilievre was going to be the current PM.
Trump ending trade talks with Canada over its digital services tax — The Globe and Mail
In a Truth Social post, U.S. President says he will impose a blanket tariff on all the country’s products
Weren’t we told that Mark Carney was the best choice to deal with the orange demon ? How is that working ?Wow..who DIDN’T see this coming at least a year ago?
Trump ending trade talks with Canada over its digital services tax — The Globe and Mail
In a Truth Social post, U.S. President says he will impose a blanket tariff on all the country’s products
U.S. President Donald Trump says he is ending trade discussions with Canada and will soon impose a blanket tariff on all of the country’s products in retaliation for Ottawa’s digital services tax…& is this the Hill Carney will let Canada die on?Bill’s C-10 & C-11. If we aren’t talking about it already, shouldn’t we be?
This has to start somewhere, so might as well start with a Wiki summary of C-11 (as C-10 got squashed when the last election got called): http://en.wikipedia.org/wiki/Online_Streaming_Act The Online Streaming Act (Bill C-11) is a proposed Canadian federal legislation. It was first introduced...
View attachment 29815
“Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately,” Mr. Trump wrote. “We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period.”
View attachment 29816
Canada is set to start levying the digital services tax next week. Another timely time bomb from Justin Trudeau thinking Poilievre was going to be the current PM.
Trump ending trade talks with Canada over its digital services tax — The Globe and Mail
In a Truth Social post, U.S. President says he will impose a blanket tariff on all the country’s products