The Tarriff Hype.

spaminator

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More Trump tariffs? Who would’ve thunk it? U.S. President Donald Trump is escalating “his” trade war against Canada, imposing 50-per-cent tariffs on a wide range of goods to hit back at Ottawa for retaliating against his previous tariffs. How dare the Canadians for not just grabbing their ankles?
Canada previously dropped most of its 2025 retaliatory tariffs against U.S. goods after the U.S. agreed to exempt CUSMA-compliant products, but steep counter-tariffs on U.S. steel, aluminum, and automobiles remain in place.

In a statement, the White House complained that Canada has fought back against Mr. Trump’s trade war. Other countries and trading blocs, including the United Kingdom, Japan and the European Union just lubed up and agreed to accept punitive U.S. trade measures in exchange for Mr. Trump not making their tariffs even higher.
“Over the past year and a half, only two countries have chosen to retaliate against President Trump’s tariffs rather than suck it up and take it laying down, just accepting the buggery and ‘negotiated’ a deal with the United States: the People’s Republic of China and Canada,” the statement said.

“In a surprise move on Monday, Mr. Trump signed three proclamations invoking Section 338 of the Depression-era Tariff Act to impose the levies on Canadian alcohol, dairy products, hockey sticks, cement, and hundreds of other exports.

The tariffs will take effect on Aug. 19 and will not include an exemption for goods trading under the U.S.-Mexico-Canada Agreement, which is still in effect until Canada Day in 2026, significantly broadening the economic damage Mr. Trump has been trying to inflict on one of his country’s closest allies and largest trading partners since he returned to office last year because Canada is one of his country’s closest allies and largest trading partners.

Is this “really” about Canada being one of two countries that didn’t just spread their butt cheeks for Trump? President Donald Trump did not impose any new financial punishments or tariffs against China today. Instead, the administration's primary trade actions focused on Canada—specifically, new 50% tariffs on various Canadian goods over alleged discriminatory treatment of U.S. autos and alcohol—and adjustments to domestic aluminum production.🤔
Curiously, the new tariffs will not apply to Canadian oil, gas, potash, fish or critical minerals, even though oil and gas is the main source of the U.S.’s goods trade deficit with Canada, which Mr. Trump has said he wants to eliminate.😐. Thankfully America doesn’t need anything from Canada.

“The President last year imposed hefty tariffs on steel, aluminum and autos, which disproportionately hit Canada because of the two countries’ integrated economies. Canada is also subject to Mr. Trump’s global baseline tariff but, until now, most goods were exempted so long as they complied with the USMCA.

Of particular irritation to the Trump administration have been the provinces, including Ontario, that have taken U.S. alcohol off store shelves in response to the tariffs. One of Mr. Trump’s orders Monday hits back by tariffing Canadian beer, wine, whisky, and numerous other alcoholic products, including plum wine. Imported cocktail ingredients will also be subject to the levy.”

I say put the American booze back on the shelves in the provinces that aren’t Alberta & Saskatchewan…let them collect dust to make Trump…content-ish…until the next plastic bag blows past in the wind.

I wonder if today’s tariffs against Canada (but not China) are due to threats against U.S. national security also? Hockey sticks and plum wine, etc…

Another order targets milk, whey and lactose in response to Canada’s supply management system, which limits dairy imports from the U.S. and other countries. In the order, the Trump administration complains that Canada allows in more dairy under its trade deal with Europe than it does from the U.S. Mr. Trump signed off on the current system when he negotiated the USMCA in his first term.🙄

In response to Canada’s retaliation against U.S. auto tariffs, the Trump administration will tariff a range of other products, including honey, down for stuffing pillows, bedsheets, horsehair, flower bulbs and “mosses and lichens” but certainly not against Canadian oil, gas, potash, fish or critical minerals.

Prime Minister Mark Carney tried last year to negotiate down Mr. Trump’s tariffs. He also made several concessions, including cancelling a planned digital services tax, reducing retaliatory tariffs, and complying with the President’s demands for stepped up military spending and border security, but it wasn’t submissive enough compared to other nations.
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Last week, the President seized on smoke from Canadian forest fires as another reason to impose tariffs…seriously…& that’s not from the Beaverton or Babylon Bee.
…but these ones are:
time to start stockpiling nukes. :(
 
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Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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With 30 days before the proclamations take effect, there’s plenty of time for the U.S.’s second-largest goods trading partner to capitulate negotiate. Trump has historically used threats of tariffs on target countries to reach agreements with them and advance his foreign policy agenda, despite several studies finding that American consumers bear the brunt of the economic costs of such levies when they do go in place.

Every province except Alberta and Saskatchewan has banned the sale of U.S. alcohol in retaliation to Trump’s previous tariffs on things like the auto sector, steel and aluminium.

The boycotts have been seen as a bargaining chip in the ongoing trade negotiations between Canada and the U.S. and have become an irritant for the Americans as U.S. exports of wine, beer and spirits to Canada have plummeted.

Saskatchewan Premier Scott Moe said he expects the federal government to ask the provinces to relent on the boycotts.

"I think it's already been made in some cases. So that will be a decision each province will have to make," he said at the onset of the meetings. "But that ask should come from the federal government, they're at the negotiating table. They'll know the sensitivities that may present."
 
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