Trump doubles Canadian tariffs after threats to cut off elecricity if he escalates. National emergency declared

[bnew]

https://archive.is/g6qcP

Spoiler: text

"Trump said he would “permanently shut down the automobile manufacturing business in Canada” if the country did not end unspecified tariffs it had placed on US goods:"

Everything in thr market could be appeased if this moron backs down.

And yet, he continues to double down on tariffs.

This is madness

Spoiler: text

Permanently shutting down auto manufacturing in Canada permanently shuts down the American industry. You cannot make cars without parts. Moving that manufacturing will take 5 to 10 years, by which time the companies would be bankrupt.

Here's the kicker. Canada only has about 10% to 12% of car manufacturing in North America. Canada also has about 10% of the North American population and car market. So lets pretend he was successful moving all car manufacturing stateside. Canadians would not buy those cars. The market would go down by 10%. He'd be right back where he started. It makes no sense.

There is no way you slice this car thing that makes sense.

 

[ROFL_GUY]

I don’t think you get it Canada ain’t playing you can’t get any American liquor at any of our stores here.

Oh no. You cacs up there drink molson anyways

 

[bnew]

Lol at thinking candians would fight

americans would fight.

 

[Recca Gatsby]

If you peeped elon's interviews prior to the election he literally said this was the plan. Break down the economy to build it back up.

It's a watered version of Yarvin RAGE philosophy. Trash as fukk

And someone needs to slap the fukk out of Howard Lutnick, dude is a raging fakkit

 

[Rekkapryde]

The funniest part is that steel and and aluminum are major manufacturing inputs. The US already has tariffs on Chinese steel and aluminum imports, and is very reliant on Canadian imports to meet its overall demand. Huge tariffs on Canadian steel and aluminum will simply make US manufacturing even less competitive.

Im sure he has a long-term strategy though, just some short-term pain

Trust a man who filed bankruptcy 6x to run your country brehs.

Only reason he has bread to begin with was real estate, which would take a moron to fukkup owning a lot of real estate in NYC.

 

[SNG]

Oh no. You cacs up there drink molson anyways

fukk outta here I don’t drink that trash beer. I keep it Stella, Heineken or Corona. If anything my hard liquor of choice is crown royal which is Canadian.

 

[Goat poster]

America couldn't hold afghanistan or iraq but you have some americans think they could Canada the largest country by land mass. The smartest nation in the world that even if 1% fought back that's 400,000 people insurgency that look and speak just like you right on the largest unmanned border in the world. We speak the same language, immerse in the same culture, no way to distinguish a canadian walking amongst you saying allah akbar in mall of america. Americans are used to fighting wars overseas where the common american feels nothing or worries about threats now it would be at your door.

The border between the United States and Canada is the world's longest undefended border. It stretches for nearly 9,000 kilometers across land and water.

Not to mention THE REST OF THE WORLD will side with Canada.

so we would virtually be at war with all of Europe, Australia ect.....


Trump is destroying America and trying to take the world wit it.

 

[bnew]

https://archive.is/30rQ2

Spoiler: text

It's the same as during Trump 1.0:

(March,2018)

https://www.whitehouse.gov/presiden...ion-adjusting-imports-aluminum-united-states/ a 25 percent tariff on imported steel and a 10 percent levy on imported aluminum to take effect in 15 days. Although Trump initially wanted to apply the tariffs worldwide, carve-outs were added for Canada and Mexico for the time being. Aides say exceptions could be made for other U.S. allies.

https://archive.ph/X50DE (May,2018)

Trump is hitting the E.U., Canada and Mexico https://archive.ph/o/X50DE/https://...1bb452-64d3-11e8-a69c-b944de66d9e7_story.html imports and a 10 percent tariff on aluminum sent to the United States starting Friday. While China is also subject to the tariffs, the E.U. and Canada send far more metal to the United States, so the penalties will have a much larger impact on them.

Spoiler: text

And the follow-up is that China ended up buying more Canadian steel and aluminum. As did India and Brazil. Expect to see more of the same.

 

[jdubnyce]

Ford folding
Ontario suspends 25 per cent export tax on electricity sent to U.S.

Ontario suspends 25 per cent export tax on electricity sent to U.S.

U.S. President Donald Trump says Canada will pay a big “financial price” for Ontario’s retaliatory measures in the ongoing trade war with America, announcing plans to double tariffs on all steel and aluminum the country receives from Canada.

www.cp24.com

 

[SNG]

Ford folding
Ontario suspends 25 per cent export tax on electricity sent to U.S.

Ontario suspends 25 per cent export tax on electricity sent to U.S.

U.S. President Donald Trump says Canada will pay a big “financial price” for Ontario’s retaliatory measures in the ongoing trade war with America, announcing plans to double tariffs on all steel and aluminum the country receives from Canada.

www.cp24.com

That orange fukker wants to probably cut a deal. After the tantrum and theatrics on Twitter. Or he got someone to reach out to ford.

 

[jdubnyce]

Oh no. You cacs up there drink molson anyways

Ain't you an Italian/Quebecois cac?

 

[Patrick Kane]

Its not that blanket when it comes to power use from Canada. That’s how its being framed but it’s not for Michigan. Article i read is less than 1% for Michigan. But here’s what Canada use Michigan for…

Ontario ups ante in trade war with energy surcharge. Here's how Michigan will be affected

Ontario Premier Doug Ford says he's willing to increase the charge or \

www.detroitnews.com

“We don’t use a lot of Canadian electricity in Michigan, but there’s a lot of Canadian electricity that flows through Michigan,” MPSC chairman Dan Scripps told The Detroit News last week. Instead, that energy goes to Ohio, Pennsylvania and New York as part of a Lake Erie-based loop in the electric grid for the two countries.

Okay then residents in Ohio and Pennsylvania are fukked (and you might be wrong about Michigan)

And we’ll continue to pocket the 440K a day in additional fees for Trump’s fukk up

To cut off U.S. electricity exports entirely, Ontario would have to reduce its output | Globalnews.ca

On Monday, Ford introduced a 25 per cent surcharge on energy exported from Ontario to Michigan, Minnesota and New York as a response to tariffs.

globalnews.ca

On Monday, Ford introduced a 25 per cent surcharge on energy exported from Ontario to Michigan, Minnesota and New York as a response to tariffs on Canadian products brought in by the White House.

Those surcharges — expected to raise up to $400,000 per day — may not be the end of the dispute.

This is bad all around breh.

 

[Apollo Creed]

That orange fukker wants to probably cut a deal. After the tantrum and theatrics on Twitter. Or he got someone to reach out to ford.

Trump aside, people underestimate the USA has the ability to tolerate more pain than majority of the world. The issue is Trump knows this and is using it to flex, while the rest of the world gets a moral victory standing up to trump. But if you look at Covid for example USA saw booms inflation aside. The issue at hand is you don't want to fukk over loyal allies with the direction he world is going. China produces hella shyt that nobody can buy, and the countries China want to offload production to so the Chinese can shift to consumers, simply can't match China's scale especially with the toxic work culture they have.

 

[MostReal]

complete dumbass

 

[SNG]

Trump aside, people underestimate the USA has the ability to tolerate more pain than majority of the world. The issue is Trump knows this and is using it to flex, while the rest of the world gets a moral victory standing up to trump. But if you look at Covid for example USA saw booms inflation aside. The issue at hand is you don't want to fukk over loyal allies with the direction he world is going. China produces hella shyt that nobody can buy, and the countries China want to offload production to so the Chinese can shift to consumers, simply can't match China's scale especially with the toxic work culture they have.

The thing also is Canada and Americas economy’s are intertwined we have a shytload of American businesses here. Way more than what Canada has over there.