The Us Canada Tariff War

[tomus42]

25% US tariffs on Canadian steel have been increased to 50%...oh hang on stop press, they haven't.

BBC News - https://www.bbc.co.uk/news/live/cly412xwz44t
Canada tariffs updates: White House halts plan to double tariffs on Canadian steel and aluminium - BBC News

Is this some kind of genius art of the deal stuff that's going on or just stupidity at work. Will they be back up to 50% again tomorrow?

[New Judge]

Dunno.

But it makes a change from endless reviews/ enquiries/ committees/ submissions/ revisions/ compromises/ (I'm sure you get my drift).

[tomus42]

Oh it's great if you like orders being given and then rescinded the next day as if a precocious ten year old was running things.

I do get your drift. We'd all like things to happen faster.

[THECORBYLOON]

It must be someone's job to spin a random tariff rate wheel three times each day to determine the morning/afternoon/evening tariff rate.

[douglas9401]

Demented manbaby now lying to himself.

Read all abaht it!

[Old_Geezer]

Maybe Canada should just give up, raise income tax on all American imports to 3,000% and tell them to stuff it until they replace the clown in office.  I'm sure other nations affected recently by US decisions would like to make trade agreements.

[tomus42]

Why does he say 50%? Why not 60, 80, 100?

American politics has been reduced to playground level nonsense.

[tomus42]

https://www.cnn.com/2025/03/10/business/canada-electricity-us-tariffs-doug-ford/index.html

Three months ago these countries were getting along fine and happily trading with each other.

[douglas9401]

Why? Because he's a moronic oaf with 'the best words', just not in the right order.

[1ozzy]

https://fb.watch/ygOPohHr24/?mibextid=rS40aB7S9Ucbxw6v

[Hazi-Hammenuhoth]

Oh another USA hating post.  How original.

 

[newmodarmy]

You're confusing 'US hating' with  'being appalled by the incompetence, stupidity and arrogance of their current president and his policies which are harming the US as much as the rest of the world and the financial markets'.

[Hazi-Hammenuhoth]

Calm down, its only four years till the next election.

[newmodarmy]

Yes the world's biggest recession  for a century he instigated could be coming to an end in 4 years time and Russia might have finished its takeover of Eastern Europe so the fighting may have stopped.

[newmodarmy]

It'll be written up bigly in the History Books.

[Hazi-Hammenuhoth]

Some people seem upset that the Biden status quo has been upset.  What a short memory.

[youngmafbog]

Clearly very few on here have seen big business.

Whilst I am not sure its the right thing to do Trump is clearly running the USA like a business and to be honest he has little choice - the Country is broke.

Will it work, well seems to have done so far but obvioulsy it cant continue.

As for the markets, they will play this for all they are worth, its a game to them to only way to use markets as a guide on the econpmy is long term so again time will tell.

[Old_Geezer]

Due to his actions it is likely to soon be more broke. And find fewer friends than it once had.

[youngmafbog]

No it wont, look for yourself how things really work rather than listening to MSM.

Balancing trade is a good thing for ANY country and is a sensible thing, DJT uses the carrot/stick method and goes in hard - just as a business does, but jst as buiness does he backs off.   Yes you get a temporary hit but that irons out very quickly.  We saw with Brexit that in Government circles negotiating tacits are woeful (as they seem to be on AB, used car salesmen must love ABers).

As for friends, no country should fully treust another and the USA take that all countries should pay be a full part of the Wests defence is surely a good thing ling term - wouldnt you agreee?

But as I said only time will tell if board room tactics work at a country level.

 

[tomus42]

If Trump's trying to run the country like one of his businesses, then they really are up sh creek. He's bankrupted most of the things he's ever been involved with.

The buffoon even managed to bankrupt casinos. That takes some doing.