DawgTalkers.net Forums DawgTalk Palus Politicus Tariffs Start today

It's my hope that our allies (since Trump only tries this crap on our allies) call him on his bluff and we finally get this trade war kicked off.


Enough with the tough talk and let's get this thing going already.

As the prices go uppity up up up. No relief in site. Building costs alone have just increased 25%. Triple digit loses on Wall Street already. Good luck on keeping up with the your rent. Because they are about to go outa site.

China and Canada immediately retaliate against Trump’s tariffs. Mexico is next

President Donald Trump’s blanket 25% tariffs on Mexico and Canada took effect on Tuesday, an extraordinary action aimed at bringing America’s top trading partners to heel. But it threatens to weaken the North American economy, including that of the United States, at a time of significant stress for inflation-weary consumers.

Trump also doubled the tariff on all Chinese imports to 20% from 10%. Those duties sit atop existing tariffs on hundreds of billions in Chinese goods. China and Canada immediately retaliated with tariffs on American goods, threatening to ignite a damaging trade war. Mexico said it would announce retaliatory measures Sunday.

The Trump administration said the tariffs were necessary to stem the flow of fentanyl into the United States.

“While President Trump gave both Canada and Mexico ample opportunity to curb the dangerous cartel activity and influx of lethal drugs flowing into our country, they have failed to adequately address the situation,” according to a statement released by the White House shortly before the tariffs took effect.

But the tariffs come at a time when inflation remains stubbornly high. Americans, and the US economy as a whole, are on shakier ground, as evidenced by recent data.

Trump’s tariffs threaten to raise the prices Americans pay for a wide array of goods that are imported from the three nations, which collectively shipped $1.4 trillion worth of goods to the US last year, according to Commerce Department data. That accounts for more than 40% of the value of all goods the US imported last year.

The only goods that won’t face a 25% tariff from Canada are energy-related items such as crude oil, one of the top goods the US imports from there. Instead, they’ll be subject to a 10% tax.

Fresh produce, cars and car parts and electronics, including phones and computers, are among the top goods the US imports from Mexico, Canada and China that will now face tariffs between 20% and 25%.

The stocks of global carmakers that have plants in Mexico fell sharply on Tuesday morning. Germany’s Volkswagen dropped almost 4% by 5.46 a.m. ET, while Stellantis (STLA) — the maker of Chrysler and Jeep — fell nearly 7%.

China and Canada hit back. Mexico is next

Beijing retaliated on Tuesday by announcing 15% tariffs on chicken, wheat, corn, and cotton imports from the US, according to a statement from the State Council Tariff Commission. Additionally, a 10% tariff on “sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products,” was also imposed, it said.

Separately, China’s Ministry of Commerce said it added 15 American companies, including drone maker Skydio, to its export control list, which would bar Chinese companies from exporting dual-use equipment to them.

China’s retaliatory tariffs followed a “restrained, targeted approach aimed at causing pain to those industries that matter the most to the supporters of the Trump administration,” said Alfredo Montufar-Helu, head of the China Center for the Conference Board. He noted China’s tariffs give it room for negotiations to potentially avoid even more damaging tariffs down the road.

Speaking at a regular briefing on Tuesday, Lin Jian, a spokesperson for China’s Foreign Ministry, said: “China will fight till the end” if the US “insists on waging a tariff war, trade war or any other kind of war.”

“I want to reiterate that the Chinese people have never feared evil or ghosts, nor have we ever bowed to hegemony or bullying. Pressure, coercion and threats are not the right ways to engage with China. Trying to exert maximum pressure on China is a miscalculation and a mistake,” he added.

China announced more measures targeting America on Tuesday. These include stopping lumber imports from the United States, suspending the permits of three US companies to export soybeans to the country and an anti-dumping investigation into some imports of American fiber optic products.

Part of Trump’s stated motivation for imposing tariffs on China, Canada and Mexico is to pressure those countries into exerting stricter controls on the flow of fentanyl into the US.

US law enforcement believes a number of China-based entities supply precursor chemicals, which can be used to make finished fentanyl in labs operated by drug cartels in the US and Mexico.

On Tuesday, China’s State Council Information Office published a document outlining the steps the government had taken in recent years to control the production and distribution of fentanyl-related substances, according to China’s state news agency Xinhua. Referring to China’s approach to international drug control, Xinhua quoted the document as saying that the country “advocates mutual assistance… and opposes finger-pointing and buck-passing.”

In Canada, Prime Minister Justin Trudeau said hours before the tariffs took effect that Ottawa would immediately respond with tariffs on C$30 billion ($20.7 billion) of US goods. By March 25, he said Canada would impose an additional C$125 billion ($86.2
billion) tariff on American goods.

“Canada will not let this unjustified decision go unanswered,” Trudeau said in a statement.

The premier of Ontario, Canada’s largest province, has also repeated his earlier threat to cut off energy supply to the US in response to Trump’s tariffs.

“If they want to try to annihilate Ontario, I will do everything, including cut off their energy, with a smile on my face. And I’m encouraging every other province to do the same,” Doug Ford told reporters on Monday, adding that eastern US relies on “our energy – they need to fell the pain.”

Despite Trump’s prior claims that exporters pay for tariffs, it’s actually the parties receiving goods from abroad that pay the tariff upfront. Those parties, often businesses, typically then pass on the additional tariff costs to consumers by raising prices. But in some cases, they may opt to, or be forced to, absorb the higher costs.

Mexico’s President Claudia Sheinbaum said on Tuesday morning that she would announce retaliatory tariffs on American imports into Mexico, as well as non-tariff measures, on Sunday. She said she will probably have a call with Trump on Thursday.

“The unilateral decision made by the United States affects national and foreign companies operating in our country, as well as our people,” she said at a press conference in Mexico City.

“No one benefits from this decision,” she added.

Impact on spending

Although America’s economy remains resilient, tariffs come during a time of increasing cracks in the foundation. A Bureau of Economic Analysis report Friday showed consumer spending unexpectedly fell in January, and a recent inflation report showed consumer prices rebounded in January and inflation continues to grow at a stubbornly high pace.

Meanwhile, consumer confidence fell the most to start a year since 2009, and a separate consumer sentiment report last month registered the biggest decline since records began in 1978. That’s a problem because consumer spending makes up more than two-thirds of America’s economic activity.

Friday’s jobs report is expected to show growth continues to stagnate. First-time applications for jobless benefits ticked up more than expected last week, and the Trump administration is laying off thousands of federal workers, potentially disrupting local economies. Federal spending has also been curtailed, turning off access to some people’s livelihoods and services.

Trump’s immigration crackdown also threatens homebuilding, agriculture and other key industries.

“Imposing tariffs on Canada and Mexico threatens to chill a collaborative effort to strengthen our shared border and risks starting a trade war with America’s closest trading partners,” National Foreign Trade Council (NFTC) vice president for global trade policy Tiffany Smith said in a statement Monday.

Smith said NFTC, a trade organization, supports the Trump administration’s goal “to address illicit activity at our borders.” However, they are “deeply concerned” by the new tariffs, which they claim will “raise costs for American businesses and consumers and undermine US economic growth.”

More to come?

Trump and his administration have suggested that the latest round of tariffs, though significant, are only the beginning.

Steel and aluminum tariffs are set to go into effect March 12. And reciprocal tariffs, dollar-for-dollar tariffs that match what other countries impose on US goods, are expected to go into effect on April 2.

Meanwhile, Trump keeps hinting at more tariffs to come. Last week, Trump signed an executive order to investigate lumber tariffs. Although he has long suggested America doesn’t need Canadian lumber, the tariff threatens to raise the prices of new homes, a key inflation driver for American families.

Trump also hinted Monday that he would impose tariffs on agricultural imports, in an attempt to boost domestic sales. Such tariffs would go into effect on April 2, he said in a Truth Social post.

https://www.cnn.com/2025/03/04/economy/trade-mexico-canada-china-tariffs-trump-hnk-intl/index.html

And as for trump's excuse for imposing tariffs on Canada over Fentanyl crossing the border.....................

Fact check: Canada makes up just 0.2% of US border fentanyl seizures

https://www.cnn.com/2025/02/03/politics/us-canada-trade-fentanyl-fact-check/index.html

Warren Buffett says tariffs are an economic 'act of war': 'Tooth Fairy doesn't pay 'em'

The Chinese embassy in Washington, in a post on X, said: "If war is what the US wants, be it a tariff war, a trade war or any other type of war, we're ready to fight till the end."

Yay.

Invest in popcorn.

j/c

Trump could back off on some tariffs today … again

If you don’t like President Donald Trump’s tariff policy, wait a minute.

Just after the stock market had its second freak-out in a row, just after businesses around the country planned “what are we going to do now” board meetings, just after Canada and China retaliated with tariffs of their own, just after Republican members of Congress pleaded with the administration to dial down its trade policy, just after the International Chamber of Commerce warned of a Great-Depression-like economic catastrophe, the Trump administration appeared to change its mind on its massive tariffs on its biggest trading partners.

Maybe. We’ll see.

Commerce Secretary Howard Lutnick Tuesday evening made a stunning statement: Canada and Mexico had been blowing up his phone all day, and he believes Trump is “probably” ready to announce Wednesday that he’ll meet America’s neighboring nations halfway on tariffs.

“I think he’s going to work something out with them,” Lutnick said on Fox Business Tuesday. “It’s not going to be a pause, none of that pause stuff, but I think he’s going to figure out, you do more, and I’ll meet you in the middle some way.”

On Wednesday, in an interview with Bloomberg, Lutnick clarified that Trump is “thinking about a plan” that he’ll decide and announce later this afternoon that could keep tariffs at 25% on Mexico and Canada but could include certain product exemptions, including autos.

“The president gets to make the decision,” Lutnick said. “There will be some categories that will be left out. It could well be autos.” Shares of GM, Ford, Toyota, Honda and Stellantis, which have been rocked by tariffs over the past few days, shot higher in morning trading Wednesday.

Lutnick had left the door open to a walkback on tariffs for days. Even as Trump insisted that tariffs would go into effect in full force on Mexico and Canada Tuesday, Lutnick had suggested on cable network interviews that maybe some tariffs would go into effect, or perhaps the percentage would be lower to start.

Nope. Trump at midnight Tuesday morning enacted massive 25% across-the-board tariffs on all goods from Mexico and Canada (save Canadian energy, which got a lower tariff). He also added 10% to the existing tariffs on Chinese goods.

Wall Street was seriously unhappy — the Dow fell 1,300 points in two days. Business leaders, a contingent that has largely supported Trump, spent hours griping in press releases and on CNBC.

Members of Trump’s own party, who were hearing it from their constituents, pleaded with the administration to backtrack. White House chief of staff Susie Wiles and other top advisers were on the phone with Congress members “all day long,” one senior administration official told CNN, with some of the loudest concerns coming from members of Congress representing the agriculture and manufacturing sectors.

It might have worked. We’ll see. Trump is scheduled to speak with Canadian Prime Minister Justin Trudeau on Wednesday morning, a person familiar with the call told CNN. But more details of a trade compromise need to be worked out before the leaders speak, Canadian industry and government sources tell CNN.

Among the issues that need to be worked out: Enhanced border security provisions and exemptions on tariffs for everything that is compliant the the free-trade USMCA treaty.

Stocks are rallying Wednesday morning in pre-market trading.

A familiar scene

We’ve been here before.

Trump campaigned on steep tariffs on Day One, but he failed to deliver on that promise. Instead, he signed several executive actions on his first day in office ordering his administration to investigate whether to pursue tariffs on a wide range of goods. But in a signing ceremony, Trump announced that 25% tariffs on Canada and Mexico would be coming February 1.

Then February 1 came, and rather than the promised tariffs, Trump announced tariffs would come February 4. Then, on the eve of the tariffs, Trump announced monthlong delays on Canadian and Mexican tariffs after both countries sent delegations to negotiate, offering minor increases to existing border security and promises to take more action to restrict fentanyl crossing into the United States.

Tariffs on China went into place February 4 — but not at the 60% level Trump had promised in December. The 10% tariffs came with a surprising twist: The elimination of the de minimis exclusion, a loophole that allows goods valued at less than $800 to come over the border duty-free. Those packages are numerous and onerous for customs officials to scan for tariffs.

The next day, the US Postal Service stopped all package deliveries from China from entering the United States because it was unable to abide by the new trade policy. But hours later, the de minimis exclusion was back on — temporarily — until the Commerce Department could determine how to police it.

Then, Trump promised a “big one,” as he called it: reciprocal tariffs — matching foreign countries’ tariffs dollar for dollar.

Instead, the plan, as it were, which Trump announced in the Oval Office on February 13 to much fanfare, consisted of a vaguely worded memo that offered few concrete details and no real timeframe for those tariffs to kick in. Eventually the timeframe — April 2 — became clearer, but the tariffs that would be applied and the countries that would be subjected to the reciprocal tariffs remain somewhat of a mystery. Trump has floated autos, microchips, pharmaceuticals and lumber, but specifics remain sparse. Stocks surged that day as investors celebrated a tariff policy that appeared to be a lot of bark with no bite.

Trump also announced steel and aluminum tariffs that are set to go into place March 12. But they don’t represent a significant increase over what was already in place.

And then March 3 came around, and the president who cried tariffs was expected to announce some kind of rollback, pause, delay or softened tax.

Instead, to Wall Street’s surprise, additional tariffs were put into effect. At least for now.

The back and forth has created volatility on Wall Street, confusion for consumers and massive amounts of uncertainty for businesses, who are paralyzed by their inability to plan for what’s next. Trump in his joint address to Congress Tuesday night acknowledged that tariffs are unpopular and could cause some pain. In one of his more vulnerable moments during the speech, Trump pleaded for patience, asking farmers who could be hurt by retaliatory tariffs to “bear with me,” and said “there will be a little disturbance.”

Now, Wall Street is celebrating Lutnick’s apparent good news. But it’s unclear how long investors will have to celebrate until the next ride on the tariff merry-go-round begins.

https://www.cnn.com/2025/03/05/economy/tariffs-lutnick-trump/index.html

Stay tuned as the three ring circus continues.

I haven't heard anything, did Trump back off any tariffs?

Tariffs don't work. Saw this break down on a news show in the last couple of days.


Washing machines went up by 42% last time we did this. It created 1800 jobs at a cost of $800,000 per job. Crazy

https://www.aei.org/carpe-diem/trum...-a-yuge-cost-to-consumers-of-820000-job/

I don't believe that is what the article said is it? The closest thing to that I've heard so far is that he's considering exempting vehicles from Canada and Mexico.....

Trump tariffs live updates: U.S. could exclude auto industry, White House expected to make announcement

Commerce Secretary Howard Lutnick told Bloomberg Television that Trump will make an announcement Wednesday regarding tariffs on Mexico and Canada. Lutnick indicated that there could be a change that was “somewhere in the middle” and potentially gives tariff relief to companies, including automakers, that are in compliance with the United States-Mexico-Canada Agreement, which was signed during Trump’s first stint in the White House.

https://www.cnbc.com/2025/03/05/tru...y-type-of-war-us-wants-till-the-end.html

You know, that "best trade deal ever" he made which he is now breaking.

Lest we forget the farmers bailout caused by his last round of tariffs during his first term.......

‘Here’s your check’: Trump’s massive payouts to farmers will be hard to pull back

The president was already spending double his predecessor to spare farmers the cost of his trade war. Now the price is reaching unsustainable levels.

https://www.politico.com/news/2020/07/14/donald-trump-coronavirus-farmer-bailouts-359932

California AG should just trade directly with Mexico and tell Trump to shove it. Oregon and Washington state could do the same with Canada. Come up with a west coast collaboration trade agreement to bypass north America tariffs.

No, we should fill the streets in protests and shut it all down until MAGA gets on the democracy and diplomatic normalcy page. I can’t believe the entire government is letting Elon run roughshod over congress like they don’t exist. We effectively have lost the country at this point. Courts take too long to react and dems are playing by the rules while Trump flagrantly violates them. Only we the people can stop Trump now, IMO. Or we wait and watch as everything gets worse and worse.

Or... just hear me out... we can make cute little paddles to hold up during the SotU with nifty little zingers written on them. Oh man, the guy that's run roughshod over entire democratic institutions will really be shaking in his boots. He won't know what to do.


Democrats' response is almost as embarrassing as everything else going on.

The SCOTUS is helping put at least a hold on some of it....

Divided Supreme Court reinstates order requiring Trump administration to release frozen foreign aid

https://apnews.com/article/supreme-...illions-30b8bde0b16c0bd68f8b690f14923c50

It is related to trump withholding funds that are putting a stop to companies getting paid what they're already owed. Imagine that......

I know. Progressives and not fake progressives like Jayapal, need to lead. We need an FDR in the worst way.

jc

We have tariffs, then we don't. Then we have tariffs, then we don't. I wonder if business leaders will put up with this. Business want stability to plan and grow. Trump brings chaos. Will business leaders put pressure on Trump to stop or are they getting a enough of a kickback in tax cuts to not care?

So does Wall St.
Every time tariffs jump to the front of the news cycle, the stock market starts acting like a Cedar Point coaster ride.

Uncertainty and unpredictability ain't healthy for any capitalist system.

Given the current POTUS' way of doing things, both sectors are prob going to work every day on high alert.

Do any sectors put pressure on the POTUS? It depends on how desperate and freaked out they get. Knowing 47 like we do, I predict that it would take the combination of Business, Wall St. and widespread public anger/dissatisfaction at the way tariffs are hitting their wallets to get him to listen past his cadre of hand-picked whisperers. That combination might get him to reconsider. He is, after all nothing if not a survivor. Even then, there's no guarantee. He truly is the Summa 'come' [sic] laude of Dunning-Kruger University. *

So... who knows?
From Wall ST. to Business, to the social landscape, to my personal life view... nothing prepared any of us for the insanity that is now our daily lives.


02,
clem



* Apparently, the board's 'language cop bot' isn't hip to common Latin phrases. Hence, the deliberate misspelling.

Adding to what Clem said: Some of this is actually calculated. A group of Billionaires placed a large Wall Street bet that the economy would crash inside 6 months. If you want to see what’s accidental ineptitude and what’s being done intentionally, FOLLOW THE MONEY.

And Trump is all over Amy Coney Barrett for voting to release the funds.. Some MAGA types are saying she's a traitor and the wrong pick....

No doubt she'll be attacked by some neo nazi group

I was asking because that's kinda what he does. Make a bold move, then back off a little, then back off a little more than reinstate etc etc....

By the way, it's official, he did back off of some.. Auto related....

The bleach blonde yo-yo is at it again......................

Trump grants Mexico tariff exemption until April 2 after talks with Sheinbaum

President Donald Trump spoke with President Claudia Sheinbaum Thursday and agreed that Mexico will not have to pay tariffs on anything that falls under the United States-Mexico-Canada Agreement (USMCA).

Trump added the agreement will last until April 2 stating he did it "as an accommodation, and out of respect for, President Sheinbaum."

"Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl," he wrote on Truth Social. "Thank you to President Sheinbaum for your hard work and cooperation!"

The 25% tariff on imports went into effect for Mexico and Canada on Tuesday in response to the countries not doing enough to curb the flow of drugs and illegal immigration across the borders.

In response, Canadian Prime Minister Justin Trudeau said his country would impose 25% tariffs on more than $100 billion of American goods over 21 days.

During a news conference to announce the retaliatory action, Trudeau stared into the camera as he addressed Trump and agreed with the Wall Street Journal for pointing out "that even though you're a very smart guy, this is a very dumb thing to do."

On Wednesday, the president granted a one-month exemption on his import tariffs for U.S. automakers.

White House Press Secretary Karoline Leavitt told reporters that the exemption will be given to the Big Three auto dealers - Ford, General Motors and Stellantis - through the USMCA.

"Reciprocal tariffs will still go into effect on April 2. But at the request of the companies associated with USMCA, the president is giving them an exemption for one month, so they are not at an economic disadvantage," she added, referencing the North American free trade agreement Trump renegotiated in his first term.

https://foxbaltimore.com/news/natio...r-crossings-canada-trudeau-us-automakers

And remember trump called the USMCA "The best trade deal ever"...................

Trump called the USMCA the best trade deal ever.

https://www.texastribune.org/2020/08/12/usmca-trade-agreement-coronavirus-texas-mexico/

But this is who he is. He decides when to break the very deal he makes when he wants to. This combined with the way he is treating Ukraine is exactly why the rest of the world is learning never to trust us.

Meanwhile… Homelessness among students increases 137% under Trump — the highest in years.

https://childrenshealthwatch.org/ho...es-137-under-trump-the-highest-in-years/

We’re going to see these numbers double again with tariffs and DOGE.

Tariffs on, tariffs off, wax on wax off, financially disaterous rollercoaster ride from the orange c-n-c jack-off.

Honest question as I do not know the answer.

What other countries charge the United States Tarriffs and how much are they?

No idea.

Canada and Mexico had none. There was a free trade agreement trump himself entered into called the USMCA that he called " the best trade deal ever" to replace NAFTA that guaranteed free trade between the 3 nations. He broke his own agreement.

There is a lot of trump breaking agreements at the moment or threatening to break agreements. Or in the case of Ukraine, withdrawing help and support for Ukraine while bowing to Putin. Whether someone wants to try and justify that as suggesting it pushes peace closer, doesn't really wash with me but there you go.

I can say that there is a lot of chatter in Europe about not being able to rely on the USA and that they are not a reliable partner anymore. Some may Think that this is actually a good idea, but they would have to be not very bright. U Can force and cajole partners to increase defensive spending without
the complete reset and upsetting world order and having the USA align themselves closer to Russia and have Europe further at arm's length with the USA.

here is a list from 2022

https://wits.worldbank.org/CountryP...LTST/TradeFlow/Import/Partner/by-country


here is another from wiki

https://en.wikipedia.org/wiki/List_of_countries_by_tariff_rate


this does a good job explaining

https://www.visualcapitalist.com/chart-explainer-trumps-reciprocal-tariffs-can-hurt-asia/

So none from Mexico or Canada which are two out of the three countries he is currently targeting. Thanks.

Fact check: What Trump doesn’t mention about Canada’s dairy tariffs

President Donald Trump correctly noted Friday, as he has before, that Canada has tariffs above 200% on dairy products imported from the US. But Trump again failed to mention a critical fact.

Those high tariffs kick in only after the US has hit a certain Trump-negotiated quantity of tariff-free dairy sales to Canada each year – and as the US dairy industry acknowledges, the US is not hitting its allowed zero-tariff maximum in any category of dairy product.

In many categories, notably including milk, the US is not even at half of the zero-tariff maximum.

“In practice, these tariffs are not actually paid by anyone,” Al Mussell, an expert on Canadian agricultural trade, said in an email Friday.

Trump also made a claim that is simply false. He told reporters Friday that the situation with Canadian dairy tariffs was “well taken care of” at the time his first presidency ended, “but under Biden, they just kept raising it.”

In reality, Canada did not raise its dairy tariffs under then-President Joe Biden, as official Canadian documents show and industry groups on both sides of the border confirmed to CNN. The tariffs Trump was denouncing Friday were left in place by the United States-Mexico-Canada Agreement, or USMCA, which Trump negotiated, signed in 2018 and has since touted as “the best trade deal ever made.”

The White House did not respond to CNN’s Friday request for comment.

Trump vowed Friday to retaliate against Canada with new US dairy tariffs in the coming days, but Commerce Secretary Howard Lutnick said Sunday on NBC that the president’s response to Canada on dairy will actually come on April 2, the day Trump has said he will impose reciprocal tariffs on countries around the world.

Trump’s USMCA left Canada’s high dairy tariffs in place

Trump did achieve dairy concessions from Canada.

Canada has for decades irked US lawmakers with “supply management” policies that support Canadian farmers and protect its dairy, egg and poultry industries from foreign competition.

Under Trump’s USMCA, Canada guaranteed it wouldn’t apply any tariffs to specific amounts of US imports per year in 14 dairy categories, such as milk, cream, cheese, ice cream, butter and cream powder, and yogurt and buttermilk. These new US-specific quotas, which Canada agreed to increase over time, gave American farmers and companies more access to the Canadian market.

But the USMCA didn’t get Canada to lower the tariffs that apply to imports above the quota thresholds. And contrary to Trump’s Friday claim, those tariffs didn’t spike under Biden.

Mussell, senior research fellow at the Canadian Agri-Food Policy Institute and research lead at Agri-Food Economic Systems, pointed CNN to Canada’s published tariff lists for 2025, 2020 (the last calendar year of Trump’s first term) and 2017 (the first calendar year of Trump’s first term, before the USMCA was in place). They show the dairy tariff levels were the same each year for imports above the zero-tariff maximums – for example, 298.5% for above-maximum butter and 245.5% for above-maximum cheddar cheese.

Those tariff levels are eye-popping, and they certainly function as major trade barriers above the zero-tariff quota maximums. (Mussell noted: “The US has precisely this same system for its dairy market. It has tariff-rate quotas, and beyond that volume, very stiff tariffs and almost no imports.”) But the International Dairy Foods Association, which represents the American dairy manufacturing and marketing industry, pointed out Friday that the US is not at Canada’s zero-tariff maximum in any category.

Becky Rasdall Vargas, the organization’s senior vice president of trade and workforce policy, argued in an interview that Canada is to blame for the inability of the US to get to the maximums, saying Canada is unfairly deploying obstacles that make it “harder and harder” for the US to sell into the Canadian market. She said that while “we don’t love the tariffs,” the primary issue is that “we can never even fill the quota to begin with” because Canada is using administrative tactics to deny the US the market access it is supposed to have under the USMCA.

We won’t try to adjudicate this complex debate, which the Biden administration and the Canadian government battled out at a USMCA dispute resolution panel. Regardless, Trump’s assertion that Canada kept hiking its dairy tariffs when Biden was in charge is just not true.

‘Almost all’ US agricultural exports to Canada face no tariffs

Canada’s protectionism over its dairy, egg and poultry industries is an exception, not the norm.

The US Department of Agriculture notes on its website that under the North American Free Trade Agreement, or NAFTA, which preceded Trump’s USMCA, “almost all” US agricultural exports to Canada, and vice versa, faced no tariffs or quotas. The USMCA kept in place that zero-tariff, zero-quota trade while securing greater US access to the smattering of Canadian markets that are governed by supply management.

And while Trump claimed in February that “they don’t take our agricultural product for the most part,” Canada is actually the world’s second-largest export market for US agricultural products as a whole, according to the US Department of Agriculture, purchasing about $28.4 billion worth in 2024.

Canada is also the second-largest US export market for dairy, purchasing about $1.1 billion worth in 2024. That figure has grown steadily over the past decade, from about $625.5 million in 2015.

https://www.cnn.com/2025/03/10/politics/trump-canada-dairy-tariffs-fact-check/index.html

So he's lying to his voters....... again. Surprise, surprise.....

Happy Days, Trump has all the answers- tariffs are good for the country- since Trump took over everything has been normal, prices are way down, and the Stock Market is soaring.....just ask the Donald, he has all the answers.

https://www.bbc.co.uk/news/live/cg4k2l204zqt?page=2
Canada's next prime minister, Mark Carney, vows to win the trade war against US President Donald Trump, after a landslide victory to replace Justin Trudeau

Ontario premier Doug Ford says retaliatory electricity tariffs on 1.5m Americans will proceed and he "will not hesitate to cut off the electricity completely" if Trump does not "end the chaos" of the trade war

Carney, who will be sworn in as PM in the coming days, has also pledged retaliatory tariffs on US goods until "Americans show us respect"

The 59-year-old, who has never held elected office, easily won the leadership race with 86% of the vote

Carney is likely to announce a speedy general election, and although the gap is narrowing with the Conservative opposition, the polls show them still in the lead

---------------------

At least this guy understands that unless you are already a dictactor who Trump fawns over and wants to emulate - you have to meet Trump's bluster with nothing but strength. Will be interesting to see how it goes.

And in case there are any Trumptards that somehow think Canada should bend over and kiss Trump's backside (there's going to be lots out there somewhere) ... just imagine the boot was on the other foot: China or Europe or some other global 'super economy' suddenly telling America they are going to do this and that and they want US territory or whatever. You think any American would capitulate and aquiesse?

As for how the stock market is reacting today......................

Trump adds another 25% to tariff on Canadian steel and aluminum

The tariff is the latest salvo in a rapidly escalating trade war.

President Donald Trump on Tuesday escalated a trade war with Canada, imposing a fresh round of tariffs on steel and aluminum products, threatening additional duties and reiterating a call for Canada to give up its sovereignty and become a part of the United States.

Trump announced the retaliatory measures on Canada a day after Ontario slapped a 25% surcharge on electricity sent to the U.S., saying that he is adding another 25% tariff on Canadian steel and aluminum.

The tariffs on those metals will now total 50%. Trump said in a post on Truth Social that the increased tariff "will go into effect TOMORROW MORNING, March 12th."

The US imports more steel and aluminum from Canada than any other country.

Trump also said that he will "shortly be declaring a National Emergency on Electricity" in the area impacted by the tariffs from Canada. He said that the national emergency will "allow the U.S to quickly do what has to be done" to respond to the tariff from Canada, without providing any specifics on actions the U.S. might take.

In response, Ontario Premier Doug Ford vowed to maintain his stance, urging Trump to withdraw the tariffs and negotiate a trade agreement.

"President Trump’s tariffs are causing chaos. Markets are tanking. He needs to drop his tariffs and come to the table to negotiate a fair trade deal. Until he does, we won’t back down," Ford said in a post on X.

The announcement from Trump escalated a trade war between set off last week after the U.S. imposed 25% tariffs on imports from Canada. In a near-immediate response, Canada slapped a 25% retaliatory tariff on $30 billion worth of goods. Tariffs on an additional $125 billion worth of products will take effect in 21 days, then-Prime Minister Justin Trudeau said

Trudeau sharply criticized the tariffs, calling them a "dumb" policy that does not "make sense."

The tit-for-tat measures reignited a trade war that had been averted a month earlier, when Trump paused the implementation of tariffs after reaching an agreement with Canada on border enforcement.

In late February, Trump alleged that illicit drugs such as fentanyl had continued to enter the U.S. through Canada, despite the agreements reached weeks earlier to address the issue.

Since September, nearly all fentanyl seized by the U.S. came through the Southern border with Mexico, according to the U.S. Customs and Border Patrol (CBP) agency. Less than 1% of fentanyl was seized at the northern border with Canada, the CBP found.

The reason for the tariffs is based on a false allegation about Canada as a major source of drugs entering the U.S., Trudeau said last week.

As part of his announcement on Tuesday, Trump threatened to impose additional retaliatory tariffs on Canada if duties on U.S. goods remain in place.

"If other egregious, long time Tariffs are not likewise dropped by Canada, I will substantially increase, on April 2nd, the Tariffs on Cars coming into the U.S. which will, essentially, permanently shut down the automobile manufacturing business in Canada," Trump said in the Truth Social post.

He also called on Canada to drop their tariffs on dairy farmers, and again asserted that Canada should become America's 51st state.

"The artificial line of separation drawn many years ago will finally disappear, and we will have the safest and most beautiful Nation anywhere in the World – And your brilliant anthem, “O Canada,” will continue to play, but now representing a GREAT and POWERFUL STATE within the greatest Nation that the World has ever seen!," Trump said in the post.

https://abcnews.go.com/Business/trump-adds-25-tariff-canadian-steel-aluminum/story?id=119663612

As has been shown this "dairy farmer tariff" is a part of the very trade deal trump himself negotiated during his first term. It only applies after a certain level of American dairy products are imported by Canada and then only on the amount over what was agreed on. A level that has never been reached. So in essence not one American dairy product that has entered Canada has ever had so much as a single penny in tariffs attached to it.

LONG LIVE THE KING!!!

The irony of all this rhetoric is that incorporating Canadians as voters would ensure that Republicans would lose the presidency for the foreseeable future, considering the change in voter weighting.

It’s all Biden’s fault!

Clowns.

We ‘must act’: Europe retaliates against Trump’s 25% tariffs on steel and aluminum imports

https://www.cnbc.com/2025/03/12/we-must-act-europe-says-retaliating-against-trumps-tariffs.html

y'all conservatives couldn't wait until after i bought mods for the BMW...

what platform do you have? mine is the n63