The Tarriff Hype.

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
30,259
11,167
113
Regina, Saskatchewan
Carney has not responded directly to the latest broadside by the US president. It was left to Dominic Leblanc, the minister of US-Canada Trade, to answer with a social media post late Saturday that reiterated the prime minister’s position that Canada will carry on and be ready whenever the US wants to resume trade negotiations.

Carney’s address in Malaysia early Sunday was part pitch for freer trade with the ASEAN block of nations and part veiled reference to the worsening relations with the United States.

“We have all been reminded of the importance of reliable partners — who honour their commitments, who are there in tough times, and who engage collaboratively to fix something that isn’t working,” Carney told the leaders of the 11 nations gathered around the table in the Malaysian capital.

“Canada is such a partner, a dependable partner, and I have come to Kuala Lumpur to say clearly that we want to play a bigger role in this region.”
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
30,259
11,167
113
Regina, Saskatchewan
“It’s just one more example of super childish behaviour by the president,” Kaine said in an exclusive Canadian interview on Rosemary Barton Live airing Sunday morning. “The ad was a very fair ad."

Kaine, who taped the interview with host Rosemary Barton less than an hour before Trump’s 10 per cent tariff threat, said the president’s trade war “is a self-inflicted wound on the American economy. So we’ve got to get back to the table."

Just a few days earlier, Trump said he was terminating all trade discussions with Canada over the advertisement, reiterating that it was fake and fraudulent.

Trump’s anger “won’t last," he said. "But it’s embarrassing for the United States that we have a president who lets an ad rattle him so deeply.”
On Friday, Ontario Premier Doug Ford said he will pull the advertisement from U.S. screens after this weekend. The advertisement aired during Saturday night's World Series game, meaning millions more Americans saw the ad on their screens since it first began running in mid-October.

Kaine said what will bring Trump and his team back to trade talks is “less likely to be a Canadian negotiating move. What’s going to get them back to the table is the undeniable economic reality.”
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
30,259
11,167
113
Regina, Saskatchewan
U.S. Treasury Secretary Scott Bessent said on Sunday that he anticipates that China will revive substantial purchases of U.S. soybeans for several years and will delay its expanded licensing regime for rare earths by a year and re-examine it after two days of trade talks in Malaysia.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
30,259
11,167
113
Regina, Saskatchewan
There was the fentanyl emergency, the auto emergency and the steel emergency. There is an emergency because importing kitchen cabinets might damage the fabric of the United States of America. Now there is the TV ad emergency.

This is the emergency that has led U.S. President Donald Trump to cut off talks and threaten an additional 10-per-cent tariff on Canadian goods, because an Ontario government ad featuring former president Ronald Reagan saying tariffs are bad for the U.S. economy and jobs could warp the minds of Americans.

One has to suspect that maybe, just maybe, Mr. Trump isn’t really protecting the people of the United States from imminent disasters but is in fact using these slim pretexts to threaten his trading partners. This is a shakedown.😳
In the meantime, there’s the Ronald Reagan TV Commercial Emergency, which will apparently see the White House draft an executive order declaring the invasion of Ontario TV ads to be a threat to national security. Since it is Congress, not the president, that has jurisdiction over trade, Mr. Trump needs to declare an emergency to impose tariffs.

Some U.S. experts have already noted that the legislation he has repeatedly used to invoke non-trade national emergencies, the International Emergency Economic Powers Act, or IEEPA, specifically prohibits the regulation of “information or informational materials” – such as TV ads. And the whole issue of whether the IEEPA gives the president any authority to apply tariffs is already to be considered by the Supreme Court in November.

But in real-world terms, Mr. Trump has conclusively exposed his own emergencies as a sham by declaring a TV commercial to be a threat. But the pretext doesn’t matter.
 

petros

The Central Scrutinizer
Nov 21, 2008
118,927
14,612
113
Low Earth Orbit
There was the fentanyl emergency, the auto emergency and the steel emergency. There is an emergency because importing kitchen cabinets might damage the fabric of the United States of America. Now there is the TV ad emergency.

This is the emergency that has led U.S. President Donald Trump to cut off talks and threaten an additional 10-per-cent tariff on Canadian goods, because an Ontario government ad featuring former president Ronald Reagan saying tariffs are bad for the U.S. economy and jobs could warp the minds of Americans.

One has to suspect that maybe, just maybe, Mr. Trump isn’t really protecting the people of the United States from imminent disasters but is in fact using these slim pretexts to threaten his trading partners. This is a shakedown.😳
In the meantime, there’s the Ronald Reagan TV Commercial Emergency, which will apparently see the White House draft an executive order declaring the invasion of Ontario TV ads to be a threat to national security. Since it is Congress, not the president, that has jurisdiction over trade, Mr. Trump needs to declare an emergency to impose tariffs.

Some U.S. experts have already noted that the legislation he has repeatedly used to invoke non-trade national emergencies, the International Emergency Economic Powers Act, or IEEPA, specifically prohibits the regulation of “information or informational materials” – such as TV ads. And the whole issue of whether the IEEPA gives the president any authority to apply tariffs is already to be considered by the Supreme Court in November.

But in real-world terms, Mr. Trump has conclusively exposed his own emergencies as a sham by declaring a TV commercial to be a threat. But the pretext doesn’t matter.
Whats the real reason?