Trump raises tariffs on Canada by 10%

[Morphine Prince 110,710]

Donald Trump has said he is increasing tariffs on goods imported from Canada by 10%, after the province of Ontario aired an anti-tariff advertisement featuring Ronald Reagan.

The US president called the advert a "fraud" and lashed out at Canadian officials for not removing it ahead of the World Series baseball championship in a social media post on Saturday.

Ontario's premier said he would take it down to allow trade talks with the US to proceed, after Trump withdrew - but that it would still run in the US over the weekend.

Canada is the only G7 country that has not reached a deal with the US since Trump began seeking to charge steep tariffs on goods from major trading partners.

Source: https://www.bbc.com/news/articles/cx2ljgrm78zo

 

[Ziggy 14,471]

He really needs to wait until he’s not President anymore and every person pissed off makes his life a prolonged hell. Like globally, he’s going to be eating in the kitchens of restaurants, piss in his salad dressing, garbage in his pillows. What the U.S. does or doesn’t do idk but the rest of the world? Oh he’s going to be treated like a turd on a paper plate the rest of his days. Scotland outside his golf course has been child’s play

[Roughhouse Dandy 14,288]

5 minutes ago, Ziggy said:

He really needs to wait until he’s not President anymore and every person pissed off makes his life a prolonged hell. Like globally, he’s going to be eating in the kitchens of restaurants, piss in his salad dressing, garbage in his pillows. What the U.S. does or doesn’t do idk but the rest of the world? Oh he’s going to be treated like a turd on a paper plate the rest of his days. Scotland outside his golf course has been child’s play

I hope I'm very wrong, but I have a funny feelin the man is gonna die in office and unfortunately I'm not even sure it'll be during this current term 

[Economy 53,377]

Gonna double down on not buying American now

 

[weed 79,697]

Is Katy Perry ruining US international relations? More at 6pm.

[Murakami27 9,489]

Trump raises prices on Americans. 
 

Fixed that for you. 

[Ladle Ghoulash 55,407]

1 hour ago, Economy said:

Gonna double down on not buying American now

 

I mean tbf the tariffs predominantly hurt American consumers buying Canadian goods, so this is basically just another in a long series of consecutive self-inflicted wounds 🪦

[Economy 53,377]

1 hour ago, Ladle Ghoulash said:

I mean tbf the tariffs predominantly hurt American consumers buying Canadian goods, so this is basically just another in a long series of consecutive self-inflicted wounds 🪦

It hurts both sides really

 

Tarrifs raise costs for consumers of goods or services a country cant competitively produce as cheaply and theres no cost effective alternatives at home

 

It hurts the exporting nation also if the higher costs wotg tarrifs cause the nation to consume less and buy less of the good or service... or if other Countries with lower tarrifs get an advtantage and steal market share

 

This definitely hurts Canada also

[Ladle Ghoulash 55,407]

6 minutes ago, Economy said:

It hurts both sides really

 

Tarrifs raise costs for consumers of goods or services a country cant competitively produce as cheaply and theres no cost effective alternatives at home

 

It hurts the exporting nation also if the higher costs wotg tarrifs cause the nation to consume less and buy less of the good or service... or if other Countries with lower tarrifs get an advtantage and steal market share

 

This definitely hurts Canada also

Not sure if the tariffs are necessarily high enough in this case to cause importers to buy less, but we’ll see. Either way, a completely pointless shitshow 

[Economy 53,377]

3 minutes ago, Ladle Ghoulash said:

Not sure if the tariffs are necessarily high enough in this case to cause importers to buy less, but we’ll see. Either way, a completely pointless shitshow 

Canadian exports to the US have fallen already.

 

The only reason Canadas trade balance hasnt been damaged to a severe degree is that exports to other Nations are up, and Canadians are boycotting enough US products to offset lower exports to US

 

Steel in particular is way down. Canada has sold more of its steel to Europe that the US is no longer buying.

 

A really dumb tarrif in my opinion. Its a rae material for manufacturing. Your gonna help 2k or 3k steel producers and hurts hundreds of thousands of manufacturers. Trumps logic

 

Its why when Canada retaliated with Tarrifs we did not generally target resources and rae materials. Tarrifs on those cause even more damage as it ripples thru entire supply chain