The Tarriff Hype.
- Thread starter petros
- Start date
Well, US Texas Micky’s are now 3 L, but in ounces…but in days gone by (shrinkflation) they used to be 4 L & a bit…& that’s the one size that’s got an exemption by the US from Canada for booze?
keeps getting weirder.
Canadian auto parts are now hit with 25% + 50% stacked tariffs to go into vehicles that might have their final assembly done in the US.
keeps getting weirder.Canadian auto parts are now hit with 25% + 50% stacked tariffs to go into vehicles that might have their final assembly done in the US.
Does his trumpship realize that almost all of those counties have gold in the US reserve bank? There most likely is not enough physical gold in the Federal REserve to cover everything that is owed by the US.
This means the US would be forced to default, and the US $$$ would no longer be the world reserve currency.
This I learned from a book called Broken Money. It starts with the history exchange, moving on to pay and into a fairly clear story of how the international money system works. The secon half of the book get into theoretical new plans. I ner read this part. The guy that loaned me the book said it wasn't relevant to today.
There’s absolutely is not, but it’s much more than Canada’s reserve, which is zero. Canada is the fourth largest gold producer in the world, but accounts for about 6% of an annual gold production. America has a little over $1 trillion in gold in their reserve. Canada is the only G7 nation not to hold gold.
My Liberal friends? Global currencies are no longer tied to the price of gold. Canada owned 1,023 tonnes of gold in 1965, but holds zero official gold reserves because the government sold all its physical bullion between the 1960s and 2016. Your Liberal friends seem to have sold it off.
Of course they did . There were pockets to fill .My Liberal friends? Global currencies are no longer tied to the price of gold. Canada owned 1,023 tonnes of gold in 1965, but holds zero official gold reserves because the government sold all its physical bullion between the 1960s and 2016. Your Liberal friends seem to have sold it off.
The catch is that other sovereign nations "own" more gold in the US reserve than is physically in the vault.
Speculation has it gold backed currencies are about to come back.My Liberal friends? Global currencies are no longer tied to the price of gold. Canada owned 1,023 tonnes of gold in 1965, but holds zero official gold reserves because the government sold all its physical bullion between the 1960s and 2016. Your Liberal friends seem to have sold it off.
I watch the currency, crypto, bond, metal markets closely and the mining/mineral industry as a whole.
The science behind alchemy never went away and it now has AI in its corner.
Soon the raw materials to make precious metals will be the hot ticket.
U.S. President Donald Trump predicted his administration could reach a trade deal with Canada “fairly soon,” after repeating claims his country had been “ripped off” by its northern neighbour?
Trump made the comment while taking questions from reporters in Ireland alongside that country’s Taoiseach, or prime minister, Micheál Martin. A journalist had asked if he is considering withdrawing from the Canada-U.S.-Mexico trade agreement, known as CUSMA.
“We’re going to have a great relationship with Mexico. We actually have a good one with Canada, but the United States has been ripped off for 50 years by Canada,” he said?
“We don’t need their product (?), and they need our product? They do all of their business almost with us and we do very little with them.”
That’s probably why Canada was the largest or second largest trading partner with the US until Trump’s second term then?
apple.news
Canada, the U.S. and Mexico are in the midst of several trade negotiations. The CUSMA pact came up for regular review over the summer, and the U.S. opted not to renew it outright. Instead, the Three Amigos will participate in annual surveys, while the agreement itself remains in place subject to Trumps whims and tariffs and butthurt in general.
“Canada wants to make a deal very badly,” Trump told reporters on Saturday, touching as well on an eventual peace deal in Iran.
“Canada wants to make a deal, and Iran wants to make a deal. And at the right time both of those things could happen,” he said, remarking that he hopes “Canada appreciates being in the same sentence with Iran.”
CTV News political commentator Scott Reid said Trump’s inclusion of Iran in his answer “really speaks to the destructive nature of Donald Trump’s foreign policy.”
“We are now treated expressly as an enemy,” said Reid, who served as a communications director to former Liberal prime minister Paul Martin. He added Trump’s comments could “stiffen the spine” of Canadians looking at a prospective trade deal with the U.S.
Trump made the comment while taking questions from reporters in Ireland alongside that country’s Taoiseach, or prime minister, Micheál Martin. A journalist had asked if he is considering withdrawing from the Canada-U.S.-Mexico trade agreement, known as CUSMA.
“We’re going to have a great relationship with Mexico. We actually have a good one with Canada, but the United States has been ripped off for 50 years by Canada,” he said?
“We don’t need their product (?), and they need our product? They do all of their business almost with us and we do very little with them.”
That’s probably why Canada was the largest or second largest trading partner with the US until Trump’s second term then?Trump says trade deal with Canada could come ‘fairly soon,’ U.S. has been ‘ripped off’ for 50 years — CTV News
U.S. President Donald Trump predicted his administration could reach a trade deal with Canada 'fairly soon,' after repeating claims his country had been “ripped off” by its northern neighbour.
“Canada wants to make a deal very badly,” Trump told reporters on Saturday, touching as well on an eventual peace deal in Iran.
“Canada wants to make a deal, and Iran wants to make a deal. And at the right time both of those things could happen,” he said, remarking that he hopes “Canada appreciates being in the same sentence with Iran.”
CTV News political commentator Scott Reid said Trump’s inclusion of Iran in his answer “really speaks to the destructive nature of Donald Trump’s foreign policy.”
“We are now treated expressly as an enemy,” said Reid, who served as a communications director to former Liberal prime minister Paul Martin. He added Trump’s comments could “stiffen the spine” of Canadians looking at a prospective trade deal with the U.S.