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Canada to hit U.S. with retaliatory tariffs in response to Trump’s steel tariffs

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posted on May, 31 2018 @ 04:15 PM
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originally posted by: luthier

originally posted by: DBCowboy

originally posted by: luthier

originally posted by: DBCowboy
a reply to: Southern Guardian

And so it begins. . . . .


The Tradepocalypse.


I will be selling everything I own because, we are all doomed.






Not a real free market move.


What's wrong with negotiating for a better trade deal?


Better for who? Not the consumer or the exporter.



If we keep losing jobs due to foreign gov't subsidies, such as the steel imports from Canada. There won't be enough paying jobs to 'consume' those 'cheaper' imported products or exporters left to 'export'.
edit on 31-5-2018 by nwtrucker because: (no reason given)




posted on May, 31 2018 @ 04:16 PM
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a reply to: peck420

screw it, 100% tariff on steel



posted on May, 31 2018 @ 04:17 PM
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a reply to: nwtrucker


I thought China steel came through Canada.


Am I wrong?



posted on May, 31 2018 @ 04:17 PM
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originally posted by: toysforadults
a reply to: peck420

screw it, 100% tariff on steel


Then what? We are a net exporter. You are an importer. Go back to buying from China?



posted on May, 31 2018 @ 04:17 PM
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a reply to: Southern Guardian

This looks to be fake news, even if it's from Canada. Canada and Mexico were both exempted from those tariffs IIRC.



posted on May, 31 2018 @ 04:19 PM
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a reply to: peck420

do we need to import or can we import?



posted on May, 31 2018 @ 04:20 PM
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originally posted by: TinySickTears
a reply to: Southern Guardian

great.
more dick swinging contests with trump.
awesome



Thats unfair!!!
Picking a fight with Trudeau over trade (something he sucks at) is like trying to nail jello to the wall. These are both some of the most inexperienced governmental leaders in the western hemisphere!!

Gonna be like a mutual kiddy sandbox hissy fit with press.



posted on May, 31 2018 @ 04:21 PM
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a reply to: Caver78

omg I just wish we had Obama back so commercial construction would die again
edit on 31-5-2018 by toysforadults because: (no reason given)



posted on May, 31 2018 @ 04:22 PM
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originally posted by: toysforadults
do we need to import or can we import?

Sorry, read that wrong.

We import what we don't make internally, and I don't see that changing any time soon. So, for certain types, we need to import.
edit on 31-5-2018 by peck420 because: (no reason given)



posted on May, 31 2018 @ 04:24 PM
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originally posted by: nwtrucker
a reply to: Southern Guardian

This looks to be fake news, even if it's from Canada. Canada and Mexico were both exempted from those tariffs IIRC.



The exemption was contingent on NAFTA re-negotiations being completed. They are not, tariff is slated to take effect at midnight, short of a stop order from Trump.



posted on May, 31 2018 @ 04:25 PM
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originally posted by: DBCowboy
a reply to: nwtrucker


I thought China steel came through Canada.


Am I wrong?



I don't know. Maybe some. Plenty of re-bar comes in on the west coast.



posted on May, 31 2018 @ 04:25 PM
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a reply to: peck420




and continue to export what we do make.


Really?

When tit-for=tat tariffs are put onto U.S. Steel it becomes uncompetitive. Customers will go elsewhere.



posted on May, 31 2018 @ 04:27 PM
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We shall rebuild.



posted on May, 31 2018 @ 04:28 PM
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originally posted by: peck420

originally posted by: nwtrucker
a reply to: Southern Guardian

This looks to be fake news, even if it's from Canada. Canada and Mexico were both exempted from those tariffs IIRC.



The exemption was contingent on NAFTA re-negotiations being completed. They are not, tariff is slated to take effect at midnight, short of a stop order from Trump.


Oh, OK. Then maybe this is to put pressure on Canada to complete those negotiations.



posted on May, 31 2018 @ 04:29 PM
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I am not American, so as long as my government limits their response to only the aggressor, I don't foresee a huge problem in finding other clients for our exports.



posted on May, 31 2018 @ 04:31 PM
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originally posted by: nwtrucker

originally posted by: luthier

originally posted by: DBCowboy

originally posted by: luthier

originally posted by: DBCowboy
a reply to: Southern Guardian

And so it begins. . . . .


The Tradepocalypse.


I will be selling everything I own because, we are all doomed.






Not a real free market move.


What's wrong with negotiating for a better trade deal?


Better for who? Not the consumer or the exporter.



If we keep losing jobs due to foreign gov't subsidies, such as the steel imports from Canada. There won't be enough paying jobs to 'consume' those 'cheaper' imported products or exporters left to 'export'.


I thought unemployment is the lowest it's been and we have a job surplus.

Which is it?

And we don't have factory jobs we have service jobs. It is the nature of a stronger economy. Better jobs.



posted on May, 31 2018 @ 04:32 PM
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originally posted by: nwtrucker
Oh, OK. Then maybe this is to put pressure on Canada to complete those negotiations.


That is why. The only thing extortion has accomplished is two warring provinces putting aside their differences for the moment...so, in that regard, we thank you. Lol.



posted on May, 31 2018 @ 04:33 PM
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originally posted by: DBCowboy

originally posted by: luthier

originally posted by: DBCowboy

originally posted by: luthier

originally posted by: DBCowboy
a reply to: Southern Guardian

And so it begins. . . . .


The Tradepocalypse.


I will be selling everything I own because, we are all doomed.






Not a real free market move.


What's wrong with negotiating for a better trade deal?


Better for who? Not the consumer or the exporter.




I can't say since I'm not an expert on trade deals and import/export taxes and tariffs.


Are you?

Really. Just asking because everyone just seems to be picking his/her favorite economist and regurgitating what they say.

My favorite go-to economist is Thomas Sowell.


And he is against the trade wars that Trump is starting. But I'm not sure why since I am not an economist nor do I pretend to be.

The only thing I do know is that people have been over-reacting to anything Trump has done in the past two years and I've laughed myself silly as a result.


*shrug*

Nothing else any of us can do, when you get right down to it.


Adding taxes is generally a bad thing. Adding inflation with a raised cpi is double bad.



posted on May, 31 2018 @ 04:38 PM
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originally posted by: loam
a reply to: Southern Guardian
I'll put money down that they'll retreat and we come out on top.

How much?



posted on May, 31 2018 @ 04:38 PM
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I wonder how many panic attacks and seizure's this post caused??

more than Roseanne?




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