Trudeau sounds alarm - Steel, Aluminum Tariffs by US
- Thread starter Murphy
- Start date
Trump’s new economic adviser called Trudeau a ‘left-wing crazy guy’ — but he sides with Canada on NAFTA, tariffs
Trudeau a ‘left-wing crazy guy’
All one need do is review how he has acted on the international stage to agree with this statement
All one need do is review how he has acted on the international stage to agree with this statement
I saw Trump's comments to Justin about the U.S. being in a trade deficit with Canada, which is incorrect, at least in the broadest sense of the term and including all resources, goods and services. Canada is in a net deficit in trade with the U.S..
It sounds like Trudeau didn't press that case even though Trump is musing about putting punitive tarriffs on Canadian imports. Justin just fluttered, groveled and postured as is his habit.
These trade negotiations are likely to be a disaster. Justin is always on the defensive, clueless, visionless and will be continually outflanked by Trump. We should be aiming to use this as an opportunity to refocus trade on value added product, instead of unprocessed raw material (like crude oil) to reestablish an integrated national industrial economy.. rather than as a colonial outpost of the American economy.
But Trudeau is just an effeminate, pie eyed nitwit. I know he'll sell us out. Trump is a panther waiting to pounce on a fluffy little bunny rabbit like Justin.
It sounds like Trudeau didn't press that case even though Trump is musing about putting punitive tarriffs on Canadian imports. Justin just fluttered, groveled and postured as is his habit.
These trade negotiations are likely to be a disaster. Justin is always on the defensive, clueless, visionless and will be continually outflanked by Trump. We should be aiming to use this as an opportunity to refocus trade on value added product, instead of unprocessed raw material (like crude oil) to reestablish an integrated national industrial economy.. rather than as a colonial outpost of the American economy.
But Trudeau is just an effeminate, pie eyed nitwit. I know he'll sell us out. Trump is a panther waiting to pounce on a fluffy little bunny rabbit like Justin.
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Kudlow is a classic NeoCon. I don't know why Trump appoints these globalist economic liberals as Economic Advisors... like the little lamented Gary Cohn. I get the feeling its just about window dressing because we all know Trump doesn't take their advice. I suspect Kudlow will find himself sidelined like Cohn.. and unconventional nationalists like Navarro will have Trump's ear.
Falling asleep in geography class, sweetie? PM me and I'll send some reading suggestions for the classes that bore you.
When I was younger, we had a wonderful book series abut boys your age who were detectives! The Hardy Boys.
It seems Trump has Trudeau on the ropes.
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Trudeau dodged Trump's steel tariffs with frantic lobbying — now he's angling to save NAFTA
Canada's NAFTA push mirrors its tariff push -- call as many people as you can, and allies indicate all that pressure seems to be working
Donald Trump is already taking up a lot of Justin Trudeau’s bandwidth. Steel tariffs sent it to another level.
The Canadian prime minister is on an impromptu tour of steel and aluminum country this week, a denim-clad, open-collared victory lap with workers after Canada and Mexico were excluded from new U.S. tariffs. The exemption came after frenzied lobbying by the Trudeau government, throughout Washington and as far away as Seoul and Berlin.
On tariffs, as with renegotiation of the North American Free Trade Agreement, Canada’s strategy with Trump has been to play nice and cultivate allies far and wide. It hasn’t been painless, as Canada’s dollar and business sentiment slump. The question for Trudeau is whether he can keep pressure up to secure a permanent exemption from Trump’s levies and seal a NAFTA deal before Mexican and U.S. elections upend the political climate.
Trudeau dodged Trump’s steel tariffs with frantic lobbying
There is panic in Ottawa.
When I was younger, we had a wonderful book series abut boys your age who were detectives! The Hardy Boys.
It seems Trump has Trudeau on the ropes.
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Trudeau dodged Trump's steel tariffs with frantic lobbying — now he's angling to save NAFTA
Canada's NAFTA push mirrors its tariff push -- call as many people as you can, and allies indicate all that pressure seems to be working
Donald Trump is already taking up a lot of Justin Trudeau’s bandwidth. Steel tariffs sent it to another level.
The Canadian prime minister is on an impromptu tour of steel and aluminum country this week, a denim-clad, open-collared victory lap with workers after Canada and Mexico were excluded from new U.S. tariffs. The exemption came after frenzied lobbying by the Trudeau government, throughout Washington and as far away as Seoul and Berlin.
On tariffs, as with renegotiation of the North American Free Trade Agreement, Canada’s strategy with Trump has been to play nice and cultivate allies far and wide. It hasn’t been painless, as Canada’s dollar and business sentiment slump. The question for Trudeau is whether he can keep pressure up to secure a permanent exemption from Trump’s levies and seal a NAFTA deal before Mexican and U.S. elections upend the political climate.
Trudeau dodged Trump’s steel tariffs with frantic lobbying
There is panic in Ottawa.
Absolutely, but agreements change and are modified over time. This is not a case of Canada being punished, although there are people that would like to spin it in that direction. It is about getting the best deal possible. Renegotiating existing contracts happens all the time in business.
Trump knows that more people depend on Twitter or other short burst news sources to "determine the facts". He's just moved to post on how negotiations happen. Not to be outdone, traditional news media must also keep up on it. They will write stories about what people are talking about at work or the store.
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Ontario, New Brunswick most impacted if NAFTA implodes, B.C. least impacted: Moody's
The next most impacted provinces would be Quebec, Manitoba, and Prince Edward Island
- Jesse Snyder, March 15, 2018
Ontario and New Brunswick would be most exposed to a collapse of the North American Free Trade Agreement, just as looming elections in Mexico and the U.S. place new urgency on reaching a final agreement in the talks, according to Moody’s Investors Service.
A new report Thursday by the ratings agency also found that resource-rich provinces Alberta, Saskatchewan and Newfoundland and Labrador would see a muted impact from a NAFTA fallout, largely because commodities are not expected to face higher tariffs if the agreement is scrapped.
Moody’s determined the economic impacts by assessing the relative size of provincial exports to the U.S. as a share of gross domestic product, as well as the type of industries most dominant in each respective province.
Exports to the U.S. by New Brunswick account for 28.5 per cent of its total GDP, the highest in the country. Ontario was next highest at 26 per cent. The report also said that Ontario’s sizeable manufacturing sector, particularly auto, is highly exposed to increased tariffs due to its integrated supply chain with the U.S.
The report comes as election cycles in Mexico and the U.S. draw nearer, placing a potential deadline on the ongoing trade talks. It follows months of prolonged uncertainty over the agreement, as the U.S. has continued to bring new demands to the table. Officials now hope to close the talks by March 31.
Ontario, New Brunswick most impacted if NAFTA implodes, B.C. least impacted: Moody’s | Ottawa Citizen
Trump knows that more people depend on Twitter or other short burst news sources to "determine the facts". He's just moved to post on how negotiations happen. Not to be outdone, traditional news media must also keep up on it. They will write stories about what people are talking about at work or the store.
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Ontario, New Brunswick most impacted if NAFTA implodes, B.C. least impacted: Moody's
The next most impacted provinces would be Quebec, Manitoba, and Prince Edward Island
- Jesse Snyder, March 15, 2018
Ontario and New Brunswick would be most exposed to a collapse of the North American Free Trade Agreement, just as looming elections in Mexico and the U.S. place new urgency on reaching a final agreement in the talks, according to Moody’s Investors Service.
A new report Thursday by the ratings agency also found that resource-rich provinces Alberta, Saskatchewan and Newfoundland and Labrador would see a muted impact from a NAFTA fallout, largely because commodities are not expected to face higher tariffs if the agreement is scrapped.
Moody’s determined the economic impacts by assessing the relative size of provincial exports to the U.S. as a share of gross domestic product, as well as the type of industries most dominant in each respective province.
Exports to the U.S. by New Brunswick account for 28.5 per cent of its total GDP, the highest in the country. Ontario was next highest at 26 per cent. The report also said that Ontario’s sizeable manufacturing sector, particularly auto, is highly exposed to increased tariffs due to its integrated supply chain with the U.S.
The report comes as election cycles in Mexico and the U.S. draw nearer, placing a potential deadline on the ongoing trade talks. It follows months of prolonged uncertainty over the agreement, as the U.S. has continued to bring new demands to the table. Officials now hope to close the talks by March 31.
Ontario, New Brunswick most impacted if NAFTA implodes, B.C. least impacted: Moody’s | Ottawa Citizen
Threats come in many forms.
It would/will only be a matter of time before the American public understand that these tariffs will act in increasing their cost of living.
Trump is walking the tight-rope to a degree
The US has, in the past, relied on Cdn oil as a significant part of their energy security policy
That said, in a trade war between the 2 nations, Ottawa could conceivably introduce an export tax on oil, grains, softwood, etc.
I'll wager that Canada's trade deficit with the US would do a 180 if Ottawa took actions to move the price of crude to simple market value rather than the discounted rates we have currently
I've had smuggled overproof Appleton's in my life a few times. There is so much alcohol in it that you can feel the alcohol boiling off of your lips (No, you don't mix it with sody-pop).