The Tariff Thread

[Ped]

Originally Posted by FlamesAddiction

I have to admit that if the tables were turned and a U.S. state paid to have ads on Canadian television of a political nature, I probably wouldn't be thrilled about it. I agree with the nature of Ontario's ads, but it is kind of crossing a line. Maybe the line needed to be crossed, but I get why it is controversial (not the ad itself, but the concept of doing it at all).

Shouldn't be controversial at all, since this "meddling" doesn't even at all compare to Trump openly musing about making Canada the 51st state.

[Hemi-Cuda]

Originally Posted by FlamesAddiction

I have to admit that if the tables were turned and a U.S. state paid to have ads on Canadian television of a political nature, I probably wouldn't be thrilled about it. I agree with the nature of Ontario's ads, but it is kind of crossing a line. Maybe the line needed to be crossed, but I get why it is controversial (not the ad itself, but the concept of doing it at all).

The US meddling is far worse, with how much money they've pumped into demonizing the Alberta oilsands

[Fuzz]

LOL, they have literally spent the past year trying to turn our country into the 51st state, and y'all want to get a little "oh, I dunno if that is morally right" about Ford paying for an ad with Ronald Reagan talking to the American people? In his own, unaltered words?

Try not to fall too hard on your sword there, you will want to stick around for round two.

Bonkers. Canada crossing a line in the world Trump rules.

[FlamesAddiction]

Originally Posted by Hemi-Cuda

The US meddling is far worse, with how much money they've pumped into demonizing the Alberta oilsands

Do they air those ads in Canada? I personally haven't seen them, but then again, I can't recall the last time I watched regular TV.

[Hockeyguy15]

They are the ones selling us the air time. Don't like it? Don't take the money.

[CroFlames]

Again I say it's a trade WAR. You gotta fire some shots in a war.

We didn't start this thing, but it's ON.

[Engine09]

Semi-related, was hoping someone can give me some insight on how a Canadian company was able to get away with not paying the 25% retaliatory tarrif.

From Mar 2025 to Sep 2025 while it was in effect this company was selling US made products that were absolutely subject to the 25% reciprocal/retaliatory without adding that to the final bill.

Was there a program that retailers could apply for to be exempt? Some way to delay?

Did they import everything before Mar 2025?

[GranteedEV]

Originally Posted by Engine09

Semi-related, was hoping someone can give me some insight on how a Canadian company was able to get away with not paying the 25% retaliatory tarrif.

From Mar 2025 to Sep 2025 while it was in effect this company was selling US made products that were absolutely subject to the 25% reciprocal/retaliatory without adding that to the final bill.

Was there a program that retailers could apply for to be exempt? Some way to delay?

Did they import everything before Mar 2025?

- the final bill does not need to show the tariff. Companies do that to blame their government for the price increase as they don't want to be accused of jacking up prices for profit

- tariffs are paid on import by the importer. If the products were imported prior to tariffs kicking in, then there were never any tariffs on it.

- sometimes tariffs only kick in at a certain volume. Like you can import 100k worth of goods but the tariff applies only on the last 25k if the first 75k is exempt.

- sometimes a company will just eat the tariff in hope that it won't hurt their sales pipeline. So if there used to be a 35% profit, they might now only be taking a 10% profit if it's a 25% tariff. Better than upsetting your customer. In the meantime they are probably looking at alternative suppliers.

[Engine09]

The company I'm referring to was basically doing a stolen valour thing, in a way, or basically flat out lying. They claimed to be eating the tarrifs and posturing as doing a kindness to their customers, paying the tarrif for their customers but the profit margin is absolutely below 25% so that is a complete lie.

- sometimes tariffs only kick in at a certain volume. Like you can import 100k worth of goods but the tariff applies only on the last 25k if the first 75k is exempt.

I think that might be a part of it along with stock imported before Mar 2025. It's just so incredibly sleazy to be pretending they paid the tarrif when there is no way in hell that is true.

[Slava]

Originally Posted by Engine09

The company I'm referring to was basically doing a stolen valour thing, in a way, or basically flat out lying. They claimed to be eating the tarrifs and posturing as doing a kindness to their customers, paying the tarrif for their customers but the profit margin is absolutely below 25% so that is a complete lie.

- sometimes tariffs only kick in at a certain volume. Like you can import 100k worth of goods but the tariff applies only on the last 25k if the first 75k is exempt.

I think that might be a part of it along with stock imported before Mar 2025. It's just so incredibly sleazy to be pretending they paid the tarrif when there is no way in hell that is true.

Well, I don't know what company you're referring to, or the situation, but the tariffs and passing them along was going to be an issue from day one. I'm sure that I posted about this before, but here goes.

If a company imports an item and it retails for $100. The assumption by Joe Blow (who is likely financially illiterate and uninformed about tariffs) is that this item will now cost $110. That's an important figure.

In truth, the tariff is charged on the cost of the imported goods. Let's pretend the price of this item is $40, and a 10% tariff applies. So, the tariff here is $4. Most of the costs incurred by the consumer are paid after import. Things like trucking, warehousing, and, of course, the retailing of that item all add to the price.

Now, many companies are likely to be very competitive with consumers, offering prices of around $106. They're eating some tariff cost because the consumer thought that this was going to be $110, and "isn't that good of them!" In reality, the company passed it along and expanded its margins at the same time.

[Engine09]

Yep, absolutely a huge issue when the 25% reciprocal/retaliatory tarrif kicked in Mar 2025. For a $10,000 CAD item that's a an additional $2,500 added on for the tarrif. Profit on this item before all this was around the $2,000 mark. There's no way this company paid the tarrifs just to be nice. Shipping/delivery/setup fees were inflated as well which is actually even more sleazy.

I was just wondering if there was some sort of program retailers could apply for to delay tariff payments or ask to be exempt.