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Donald Trump to put US tariffs on Mexico, Canada and China from Saturday


Unusual Tournament

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Donald Trump to put US tariffs on Mexico, Canada and China from Saturday
 

Mexico and Canada are set to face levies of 25 per cent on goods and China 10 per cent, Karoline Leavitt, the White House press secretary, told reporters on Friday afternoon, local time.

https://amp.abc.net.au/article/104884788

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We'll see a big increase in the cost of automotive. Cars, trucks, tractors etc.

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53 minutes ago, Unusual Tournament said:

Donald Trump to put US tariffs on Mexico, Canada and China from Saturday
 

Mexico and Canada are set to face levies of 25 per cent on goods and China 10 per cent, Karoline Leavitt, the White House press secretary, told reporters on Friday afternoon, local time.

https://amp.abc.net.au/article/104884788

Hi UT

It will be interesting to see how long that lasts as it will increase the price of many things from construction, fabrication, agriculture, and home utilities like electricity. And that is just from our country.

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57 minutes ago, jmccr8 said:

Hi UT

It will be interesting to see how long that lasts as it will increase the price of many things from construction, fabrication, agriculture, and home utilities like electricity. And that is just from our country.

Interesting is one thing but it will be painful also. Here’s a list of the products that will be hit with tariffs and apparently the EU will also be hit. 
 

 

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1 hour ago, Razman said:

Why not more in China?

Strange that American allies and friends are being hit the hardest with tariffs. Here comes inflation and world recession 

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1 hour ago, Razman said:

Why not more in China?

 When China and Russia get in our space  we teach then a lesson by threatening our own smaller allies to show how tough we are.  We wouldn't want to P.O. China or Russia, that might hurt.  As at least 1 MAGA  congressman has said, we are the apex predator, but it seems more like the apex chickens***t bully to the casual observer. Little guys will certainly (?)  back down, while China just might not.

If Canada or Mexico blink, we can pump our fist in the air pound our chest and grab our junksac, claim we won and call it all off.  Who would imagine some pi**sant country like Panama, Colombia, Denmark, Mexico, or Canada standing up to us?

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1 hour ago, Unusual Tournament said:

Interesting is one thing but it will be painful also. Here’s a list of the products that will be hit with tariffs and apparently the EU will also be hit. 
 

 

Hi UT

I am the kind of person that will do what I have to do and have lived through tough times in the past. I am not going to worry about what happens next and tomorrow will get up put my work clothes on and do what I have to do.

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8 hours ago, pellinore said:

Foreign countries don't pay the tariffs,

No, they don't but when US consumers are faced with buying cheap stuff from countries that are responsible for tens of thousands of deaths, crime, drug abuse and so on, they/we will eventually stop buying the goods from that country and I think we are the largest market for them so it definitely hurts THEM when we stop buying their stuff or drastically reduce the amount we do buy.

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It doesn’t seem the democrats are making any noise against Trumps trade tariffs. Does that mean they support these measures to a certain extent?

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1 hour ago, and-then said:

No, they don't but when US consumers are faced with buying cheap stuff from countries that are responsible for tens of thousands of deaths, crime, drug abuse and so on, they/we will eventually stop buying the goods from that country and I think we are the largest market for them so it definitely hurts THEM when we stop buying their stuff or drastically reduce the amount we do buy.

Hi And Then

Thank you for the glowing comment about my country and the quality of good resources you get from us. To be fair I find your country more apt to fulfill those qualities than mine.

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2 hours ago, Unusual Tournament said:

It doesn’t seem the democrats are making any noise against Trumps trade tariffs. Does that mean they support these measures to a certain extent?

At this stage, I´d say "be quiet and let it burn"

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3 hours ago, Unusual Tournament said:

It doesn’t seem the democrats are making any noise against Trumps trade tariffs. Does that mean they support these measures to a certain extent?

 They might but they can't admit it for political reasons.  I was really off base in my prediction of how the Left would react to another term for Trump.  So far it looks like they're digging deep to lay out an argument against what he's trying to do.  I've heard pundits explaining why, after 4+ years, many on the left don't have the energy to repeat what they did in 2016.

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Mark Carney, the frontrunner to be the next Canadian prime minister, has said his country is "going to stand up to a bully" after US President Donald Trump announced tariffs of 25% on Canada.

Speaking exclusively to BBC Newsnight, 59-year-old Carney said Canada will "match dollar for dollar the US tariffs".

https://www.bbc.co.uk/news/articles/c24760vqdz5o

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The US is the largest consumer market.  These countries have more to lose than we do.  This is just a negotiating tactic to get them to agree on other policies.

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11 hours ago, Unusual Tournament said:

It doesn’t seem the democrats are making any noise against Trumps trade tariffs. Does that mean they support these measures to a certain extent?

Never interfere with your enemy while he is making a mistake.  -Sun Tzu

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2 hours ago, Edumakated said:

The US is the largest consumer market.  These countries have more to lose than we do.  This is just a negotiating tactic to get them to agree on other policies.

If you remember, the US trade deficit with China did not go down during Trump's first adventure with tariffs. We wound up bailing out our farmers.  The market for cheap foreign goods may not diminish much if prices at Dollar General go from 1.25 to 1,50. Likewise, it probably won't hurt Walmart too much because they will still be cheapest.

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4 hours ago, Still Waters said:

Mark Carney, the frontrunner to be the next Canadian prime minister, has said his country...

Mark Carney is the front runner according to the BBC? Really? Gotta love how the media tries to influence public opinion. 

 😂

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3 hours ago, Edumakated said:

The US is the largest consumer market.  These countries have more to lose than we do.  This is just a negotiating tactic to get them to agree on other policies.

HI Ed

China is a much bigger market for our resources than your country is you just happen to be convenient for quick shipping and they would buy a lot of what you guys do. 

I don't have a problem with my country creating new trade partners and selling them everything you country needs to buy from us. That would be more of a problem for you as our oil creates industry in your country. Our ore builds your cars and pipelines. Our wood builds your homes. If we sell it to someone else you won't get the friendly neighbor prices anymore as someone else is buying it and you would have to compete to get them. It will drive up your costs even higher plus tariffs. 

Our country has served you first as a neighbor but now it's time to reconsider your value to us. 

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3 minutes ago, jmccr8 said:

HI Ed

China is a much bigger market for our resources than your country is you just happen to be convenient for quick shipping and they would buy a lot of what you guys do. 

I don't have a problem with my country creating new trade partners and selling them everything you country needs to buy from us. That would be more of a problem for you as our oil creates industry in your country. Our ore builds your cars and pipelines. Our wood builds your homes. If we sell it to someone else you won't get the friendly neighbor prices anymore as someone else is buying it and you would have to compete to get them. It will drive up your costs even higher plus tariffs. 

Our country has served you first as a neighbor but now it's time to reconsider your value to us. 

The US already has all the natural resources Canada sells to them. 

You're trying to make it sound like Canada has all the leverage when it doesn't. Canada needs the US more than the US needs Canada. 

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5 minutes ago, acidhead said:

The US already has all the natural resources Canada sells to them. 

You're trying to make it sound like Canada has all the leverage when it doesn't. Canada needs the US more than the US needs Canada. 

HI Cid

Yes that is your story and you can stick with it as you are a psydoAmerican anyway. The whole world is a market place and we can do business with who ever wants to trade. Sure the Americans have resources and still buy from us if we don't sell to them and sell to China we are just cutting out the middleman as that is who the US sells their oil to. 

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27 minutes ago, acidhead said:

The US already has all the natural resources Canada sells to them. 

You're trying to make it sound like Canada has all the leverage when it doesn't. Canada needs the US more than the US needs Canada. 

Yes we do.  But our refineries are not set up to refine US crude for the most part.  We would have to retool to process our own crude. It won't happen overnight. Having worked in lumber for 15 years, yes we have our own timber, except Canadian cedar , it is prime.

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49 minutes ago, jmccr8 said:

Sure the Americans have resources and still buy from us if we don't sell to them and sell to China we are just cutting out the middleman as that is who the US sells their oil to. 

The US only sells a fraction of oil to China. China gets its oil primarily from Saudi Arabia, Russia and Iraq. 

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