The Tariff Thread

[Cowboy89]

Originally Posted by Street Pharmacist

The only big leverage we have is plunging homes into darkness. Only two provinces can do this, and Ford is the leader of one of them

Well, Potash is a big one too so add another province to that list. There's no good substitute and like the Bourbon folks in Kentucky the farmers who will be impacted most likely voted MAGA.

[fotze2]

Originally Posted by LanceUppercut

But he's our loudmouth idiot. We have to have one to shout down theirs.

Drinkin' contest with Trump!

[Azure]

Originally Posted by madmike

It’s a sad day when China is a safer, more reliable partner than the U.S.

Good luck to anyone in NA who has to shop for a new vehicle in the next couple of years.

Unfortunately the US is basically pushing Canada & other countries right into the arms of China. Just terrible long term policy by Trump.

[Azure]

Originally Posted by afc wimbledon

At this point China isn't worse than Trump, China is less of a threat, less expansionist

China is actively committing genocide while the US is a few short years away from hopefully have a new POTUS so lets not get confused over the long-term play here. China is no friend of Canada.

[Yamer]

Originally Posted by MegaErtz

It didn't take Ford very long to back down on his electricity threat, did it?

The goal was to get the tariffs removed or at least have them come to the table. One of those is happening.

You can always pull back the olive branch.

[tjinaz]

Originally Posted by Azure

Unfortunately the US is basically pushing Canada & other countries right into the arms of China. Just terrible long term policy by Trump.

Didn't China just slap massive tariffs on Canada? If those are the arms you like... i guess it makes sense. I believe the US has only just "threatened" them to get this response they haven't even gone into effect yet. The Chinese have.

NM went into play on March 4

[Street Pharmacist]

Originally Posted by Cowboy89

Well, Potash is a big one too so add another province to that list. There's no good substitute and like the Bourbon folks in Kentucky the farmers who will be impacted most likely voted MAGA.

Nothing else would make 3.5 millions Americans angry within a month when they get their first electricity bill. Potash would take a year or more to notice

[calgarygeologist]

Originally Posted by Street Pharmacist

The only big leverage we have is plunging homes into darkness. Only two provinces can do this, and Ford is the leader of one of them

Ford can make commitments to the federal government on what he is willing and ready to do but when it comes to negotiating anything in terms of international trade or treaties he has no power. Maybe LeBlanc needs him at his side as "muscle" but that would be all that Ford could provide.

[FlamesAddiction]

Originally Posted by tjinaz

Didn't China just slap massive tariffs on Canada? If those are the arms you like... i guess it makes sense.

To be fair, we put tariffs on China first back in October and they are only retaliating now. They are an adversarial nation though and I think there is a solid moral reason for putting tariffs on them.

[5abi]

No one is going to get pushed into new alliances permanantly, we are already seeing that Trump can be reigned in with his limitations on Musk last week.

IMO, Trudeau has done a fantastic job; we were blessed to have a PM that was on the way out and had no political agenda to fight. He stuck to trump and was able to turn the tables.

Trump is backed into a corner, and I can guarantee you there are people breathing down his neck right hence this crazy waffling.

We need to keep up the pressure without stepping to far. Tariffing or limiting oil could be going to far, look at other countries - what happened to them when they weaponized oil?

[Barnes]

Originally Posted by Cowboy89

Well, Potash is a big one too so add another province to that list. There's no good substitute and like the Bourbon folks in Kentucky the farmers who will be impacted most likely voted MAGA.

Potash would likely be a delayed hurt, no? I'm no Ag guy but I would assume farmers have bought the fertilizer they need for this growing season but next year will hurt and they won't remember why.

[Sliver]

Originally Posted by 5abi

No one is going to get pushed into new alliances permanantly, we are already seeing that Trump can be reigned in with his limitations on Musk last week.

IMO, Trudeau has done a fantastic job; we were blessed to have a PM that was on the way out and had no political agenda to fight. He stuck to trump and was able to turn the tables.

Trump is backed into a corner, and I can guarantee you there are people breathing down his neck right hence this crazy waffling.

We need to keep up the pressure without stepping to far. Tariffing or limiting oil could be going to far, look at other countries - what happened to them when they weaponized oil?

Yeah, we can hold off on oil tariffs for a minute. It's a good hand to play at some point, but now is a touch early. Let's see the reaction to the electricity tariff first, imo. No point in blowing our whole wad all at once here.

[calgarygeologist]

Originally Posted by Barnes

Potash would likely be a delayed hurt, no? I'm no Ag guy but I would assume farmers have bought the fertilizer they need for this growing season but next year will hurt and they won't remember why.

Not a huge delay though. We were witness to the pain and outcry of farmers when the Ukraine war caused a sudden spike in potash prices. Significant tariffs or any sort of supply shock would likely have a pretty quick ripple effect across US farms.

[Titan2]

Originally Posted by Senator Clay Davis

For now. A year from now it's very possible the US is worse, possibly by a lot. Cause look how bad things are now and we're barely four Scaramuccis in. When we get to 20 Scaramuccis....yikes.

Great reference. Not advocating for him but I heard an interview with the Mooch and he was actually a bright guy. It makes me wonder what happens when you get sucked into the giant orange metaverse. He commented how charismatic Trump is one on one when he wants to be.

Also, saw Gov. Chris Christie on with Jon Stewart on his podcast. Again, very impressive when not in Fox TV mode. Had interesting thoughts and he did what he thought was best at the time, ie Biden had lost it and Trump was the better option. A very good conversation.

Makes me wonder about the Vance, De Santis, Rubio types when they are not in politician mode. Looking at resumes, they have to be intelligent people. It is just not coming across.

The decline of politics into team sports I guess. Wear the colours or get off the boat.

[5abi]

Electricity tariffs paused

https://x.com/DeItaone/status/1899532703633916304

[Titan2]

Originally Posted by afc wimbledon

At this point China isn't worse than Trump, China is less of a threat, less expansionist

The enemy of my enemy is my friend?

[Fuzz]

Originally Posted by Titan2

The enemy of my enemy is my friend?

The enemy of my enemy is also strangling me.

[Titan2]

Originally Posted by You Need a Thneed

He could melt down the ones he "sold" in Canada last week to get millions in government subsidies to make more.

[The following is exactly what you are alluding too. Poor reading skills on my part. Still relevant I guess.]


I heard a piece on the news that several Tesla's are under investigation for ghost sales on cars to take advantage of the government subsidy to buy EVs. There is an investigation started.

https://www.theautopian.com/tesla-cl...doesnt-buy-it/

"Whenever the price of something is expected to rise dramatically on a certain predetermined date, a bull rush is practically inevitable. Just look at how enthusiastic Quebecois motorists helped Canada run out of federal EV rebate money early. It turns out, though, that drivers weren’t the only ones going all-in. Tesla claims to have sold a ridiculous number of cars right at the end, a number so preposterous the Canadian government is looking into it.

On Jan. 13, Canadian federal EV rebates hit pause due to insufficient funding, but not before Tesla reportedly made a break for it. The Toronto Star reports that the automaker claimed 8,653 rebate-eligible sales in 72 hours. That’s just over two cars every minute around the clock, which doesn’t sound particularly feasible. The rebates claimed by Tesla over this period total up to $43.1 million, leading Huw Williams of the Canadian Automobile Dealers Association to comment that “Tesla had a run on the bank.”

[Titan2]

Originally Posted by Fuzz

The enemy of my enemy is also strangling me.

Wait. Are you talking about your last three way? With an Oiler and a Canuck fan?

[#-3]

Originally Posted by afc wimbledon

The UK makes almost no steel

This is at best a semi accurate statement. Prior to Brexit and Trumps first round of steel tariffs the UK had a steel industry nearly on par with Canadas. Now it is around 1/3 of the size, their recent governments have squandered and lost this industry in a strikingly short period of time.

The reality is that Canada and the UK actually specialize in different shapes of steel, and if Canada does truly lockout the US, you could see the UK simply transferring that 200k tonnes to Canada seamlessly, because it is largely an analog for things that we are already importing from the US.

*200K tonnes is not a meaningful amount of steel, the 3 big mills in Canada could probably produce that volume in less than a week.

They are basically a cautionary tale for Canada where 2 of those 3 mills have been trough bankrupcies in the past 15 years.