"Canada will be implementing 25% tariffs against $155 billion worth of American goods

[Weird Tolkienish Figure]

Oh, Canada, me thinks you are going to lose this battle.

You're not wrong, the US is by far an importing nation, Canada is an exporting one relative to us. Importing nations almost always hold the cards when it comes to tariffs.

That being said I'm worried consumers will also lose this battle. We'll see where prices go.

[catfish1957]

And then Canada will increase their tariff by the same amount ... and so on, and so on ... as both economies get destroyed

All because Trump has a petty personal grudge with Trudeau

Brilliant strategy there, Team Trump ... create a trade war when none existed before

Are you kidding?  Canada threw the first 2 or 3 vollies in this trade war.  Trudy's folly about killed our dairy industry.

[Weird Tolkienish Figure]

Canada exports more than foodstuffs, also exports energy (which helps) and lumber (which also help). More competition is a win for consumers.

[catfish1957]

Seriously.  Does anyone GAF about Canada?  I mean seriously. Like maple syrup, Canada's evil oozes over the United States.
Come on now WTF, have you ever heard anyone ever say, "Honey, lets stay in and order Canadian food"? I'll tell ya another thing their beer sucks!  Canadians suffer from a serious inferiority complex. That's why they built the Canadian National Tower! World's largest free-standing structure!  Not sure what they call that POS  building now.  Maybe Canuck whatisname can chime in and tell us about the metric system and the Celsius system or that ass hole Neil Young!

Good point, I was looking at a list of largest Canadian companies, and there isn't basically shit that they provide that think is important to me.  Power generation might be an issue up north, but i think we can make some transmission lines adjustments on the grid pretty quickly , and tell the Canucks to GF themselves.

[catfish1957]

Canada exports more than foodstuffs, also exports energy (which helps) and lumber (which also help). More competition is a win for consumers.

Yes, if they play equitably   If not.....

And all three of those we have an abundance of.  Squeeze 'em, and make 'em squeal.

[catfish1957]

And one last point....  Not even those in a trade war threaten embargoes, which is what that one Canuck is threatening with cutting off power to Michigan.

Embargoes are the tools of enemies. Want to go there?

[mystery-ak]

Treasury Secretary Scott Bessent: Justin Trudeau Is a ‘Numbskull’

Secretary of the Treasury Scott Bessent called Canadian Prime Minister Justin Trudeau a “numbskull” on Thursday, in response to Trudeau declaring Canada will continue a “trade war” with United States.

https://www.breitbart.com/tech/2025/03/07/treasury-secretary-scott-bessent-justin-trudeau-is-a-numbskull/

[Right_in_Virginia]

Canada long has imposed a 298% tariff on U.S. butter, I understand. 

[roamer_1]

Y'all crack me up.

You've got a good 'them damned dirty Canucks' against 'them damn dirty Americans' sh*t fight goin on...

But the point of order SHOUD BE that BOTH governments are getting MORE money in tariffs, at the EXPENSE of BOTH the Canucks and the Yanks.

All y'all can't see any farther than the end of your noses... which are getting cut off to spite your faces.

[MeganC]

Y'all crack me up.

You've got a good 'them damned dirty Canucks' against 'them damn dirty Americans' sh*t fight goin on...

But the point of order SHOUD BE that BOTH governments are getting MORE money in tariffs, at the EXPENSE of BOTH the Canucks and the Yanks.

All y'all can't see any farther than the end of your noses... which are getting cut off to spite your faces.

The Laffer curve comes into play here. US Tariffs on Canada have a proportionately higher impact than do Canadian tariffs on the US.

I suspect as things unfold that the US Government will indeed see higher revenues overall via tariff revenues and increased domestic production for US consumption. The Canadian government on the other hand may see higher tariff revenues but overall losses as their domestic trade sectors retreat as their exports to the US decline.

[catfish1957]

Y'all crack me up.

You've got a good 'them damned dirty Canucks' against 'them damn dirty Americans' sh*t fight goin on...

But the point of order SHOUD BE that BOTH governments are getting MORE money in tariffs, at the EXPENSE of BOTH the Canucks and the Yanks.

All y'all can't see any farther than the end of your noses... which are getting cut off to spite your faces.

For someone who I thought was up there with me, in financial acumen, I find your comment here strange.  I'd like to live in the world of unicorns farting skittles over the rainbow too, but in the sand box of geo-finance, there has to be some level of fairness in the systems that we play in the box.  When you have one kiddy who continually kicks sand in the eyes of  another with unfair accrued penalities, at some point you have to start throwing sand  back.  It was up to me, I'd wipe the slate clean, and say that there are none for anyone.  But we all know that head kiddie Trudy, basically has had us help subsidize his economy the past 10 years, and I applaud DJT for trying to do something to rectify it.

I am still hoping and thinking this thing is averted, and we all can play nice.

[roamer_1]

The Laffer curve comes into play here. US Tariffs on Canada have a proportionately higher impact than do Canadian tariffs on the US.

I suspect as things unfold that the US Government will indeed see higher revenues overall via tariff revenues and increased domestic production for US consumption. The Canadian government on the other hand may see higher tariff revenues but overall losses as their domestic trade sectors retreat as their exports to the US decline.

Which would still be a damn cryin shame. Our prosperity at the Canadians' expense. That's a piss pour solution right there (meaning no disrespect to your person).

What a feller ought to be doing is the sort of thing that raises all boats.

They are not Americans, but they are our next-door neighbors and closest allies. Making our prosperity on their sorrow is a damn small thing.

[DB]

The only winning move is for both sides to remove tariffs.

[roamer_1]

For someone who I thought was up there with me, in financial acumen, I find your comment here strange.  I'd like to live in the world of unicorns farting skittles over the rainbow too, but in the sand box of geo-finance, there has to be some level of fairness in the systems that we play in the box.  When you have one kiddy who continually kicks sand in the eyes of  another with unfair accrued penalities, at some point you have to start throwing sand  back.  It was up to me, I'd wipe the slate clean, and say that there are none for anyone.  But we all know that head kiddie Trudy, basically has had us help subsidize his economy the past 10 years, and I applaud DJT for trying to do something to rectify it.

I am still hoping and thinking this thing is averted, and we all can play nice.

Except it ain't gonna rectify it, it's gonna make it WORSE.

And all for naught, since Trudy is walking off soon enough and the Canucks will put another bastard in place... Might have been prudent for our bastard to hold his damn water till he knows who he is really dealing with...
Which is why I know it is all bullshit, and nothing but low-hanging fruit designed for no other thing than to get all y'all hepped up and throwing a hissy.

Far better to throw his weight behind the Conservative provinces so their weight could be brought to bear for Conservative leadership. But no... He jacks everybody up so they will roll their sh*t in little balls and start pitching it at each other. A pissin match solves nothing. NOTHING.

[roamer_1]

The only winning move is for both sides to remove tariffs.

That's right. And barriers.

[cato potatoe]

What portion of imports actually exceed the quotas and are subject to these rates?  From what I have read it isn’t that common, although certain carveouts were negotiated (by the Trump admin) as part of the USMCA.  They act as anti-dumping measures. 

[roamer_1]

What portion of imports actually exceed the quotas and are subject to these rates?  From what I have read it isn’t that common, although certain carveouts were negotiated (by the Trump admin) as part of the USMCA.  They act as anti-dumping measures.

Pointing sat dairy is dumb anyway. MANY US states protect their dairy industry (which includes eggs, and therefore chickens too), including right here where I live, until very recently. For a long time, most of my life, you could only buy local Lucerne or Darigold products here. We didn't even have Tillamook (which is our neighbor, Oregon) here until the Costco and the Walmart showed up. Now we have more... Kroger is here... Costco and Wallyworld.... and prices are rising. Go figger.

[bigheadfred]

Canada imports 87% of it's TP from the U.S. Cut it off and see what happens.

[GtHawk]

 

Canada imports 87% of it's TP from the U.S. Cut it off and see what happens.

🤔What’s thae last line of that little parody song we used yo sing as kids? ‘To prove you’re a man you must use your hands’.

[mountaineer]

🤔What’s thae last line of that little parody song we used yo sing as kids? ‘To prove you’re a man you must use your hands’.

To the tune of the theme song of the Chuck Connors TV show, "Branded." 

[Wingnut]

To the tune of the theme song of the Chuck Connors TV show, "Branded." 

🤔What’s thae last line of that little parody song we used yo sing as kids? ‘To prove you’re a man you must use your hands’.

Stranded, Stranded on the....

[MeganC]

Which would still be a damn cryin shame. Our prosperity at the Canadians' expense. That's a piss pour solution right there (meaning no disrespect to your person).

What a feller ought to be doing is the sort of thing that raises all boats.

They are not Americans, but they are our next-door neighbors and closest allies. Making our prosperity on their sorrow is a damn small thing.

Currently America subsidizes Canada to the tune of $200 billion per year. And they tariff all sorts of our stuff while we do nothing in return.

$200 billion per year.

[roamer_1]

Currently America subsidizes Canada to the tune of $200 billion per year. And they tariff all sorts of our stuff while we do nothing in return.

$200 billion per year.

You ain't tellin me nothing. Remember, I am a Western man... A Northwestern man. I saw our livelihood utterly destroyed as our lumber industry was purposefully curtailed. All those western lumber contracts moved to Canada. So I get it, probably better than most.

But the problem ain't the Canadians. The problem is that they won't open the damn timber sales and support the mills DOWN HERE. That's why the Canadians can get away with lumber tariffs. But fixing that ain't a matter of retaliatory tariffs. The answer to that is rebuilding American Lumber. The Canadian tariff will go away the moment that cheap American lumber arrives.

[libertybele]

You ain't tellin me nothing. Remember, I am a Western man... A Northwestern man. I saw our livelihood utterly destroyed as our lumber industry was purposefully curtailed. All those western lumber contracts moved to Canada. So I get it, probably better than most.

But the problem ain't the Canadians. The problem is that they won't open the damn timber sales and support the mills DOWN HERE. That's why the Canadians can get away with lumber tariffs. But fixing that ain't a matter of retaliatory tariffs. The answer to that is rebuilding American Lumber. The Canadian tariff will go away the moment that cheap American lumber arrives.

Trump mentioned bringing back the logging industry in his SOTU.

Trump's executive order to ramp up US timber production hailed as a win by logging industry leader

President Donald Trump's executive orders to bring "attacks" on the American logging industry to a halt by stifling timber imports and ramping up domestic production are receiving praise after trade and environmental policies "shut down" the industry for years, according to logging executive Scott Dane.

"We welcome those [executive orders] and look forward to rebuilding the American timber industry," Dane, executive director for the American Loggers Council (ALC) said Tuesday on the Fox News Channel.

The ALC, according to a biography sheet from the House of Representatives, is a nonprofit trade association "comprised of 30 timber industry state associations representing nearly 10,000 companies and 50,000 employees...........

https://www.foxbusiness.com/media/trumps-executive-order-ramp-up-us-timber-production-hailed-win-logging-industry-leader

[roamer_1]

Trump mentioned bringing back the logging industry in his SOTU.

Yeah... He said it the first time around too. What he says and what actually sticks are two different things.