Canada, Mexico announce tariffs on U.S. in retaliation for Trump's tariffs

M3 etc...what has the WTO been doing these last decades ?

Proving you wrong about tariffs.

The WTO has been absolutely fantastic for workers in the developing world and for global investors seeking phenomenal returns. Not so much for blue collar workers in developed economies like Japan and the US.

@rainyday

Ricardo's theory no longer holds true in the modern world. It was based on a number of assumptions that Ricardo himself acknowledged. The two most important are the mobility of capital and labor. In Ricardo's theory, an English factory owner couldn't simply relocate to Asia, and an Asian couldn't simply turn up in England looking for better wages.

The Ricardian assumption was the English factory owner would invest in some other enterprise that England was competitive at. However, today these opportunities are few and far between, and the factory owner can simply put his capital into a foreign stock market and get far better returns.

If you take the theory of comparative advantage to it's logical extreme, there are certain countries in Africa that enjoy no advantage whatsoever in the modern economy. Should these places be completely abandoned and their citizens relocated to more competitive areas of the world? Or should they try to perseve their society?

Everyone is worse off.

Please, explain in much more detail.

M3 etc...what has the WTO been doing these last decades ?

Proving you wrong about tariffs.

Poor America ...worlds richest country where even the super wealthy have complaints.

What is going on in the collective personality of the USA ?

You are fatties....and you want to eat even more ?

@KnightsOfCydonia

I don't disagree with you. I think you're touching on two separate issues. The first is that corporations aren't paying taxes. It's partly because they can shift profits out of the country on paper. Tariffs solve part of this problem by making it impossible to avoid paying something when the goods are imported.

The second issue is wages. Like everything else wages depend on supply and demand. Tariffs create demand for labor by providing a subsidy for domestic manufacturing. If tariffs make it possible to produce something locally, corporations will follow the money and wages will rise, unless immigration is uncontrolled.

Let's do a simple thought experiment. Imagine every country imposes a 30% tariff on all imported goods of every other country. Prices rise, but the government collects the tariffs, divides them equally between each citizen, and then cuts a cheque at the end of the year. 

Is anyone better or worse off? Who exactly is a winner and who loses? And why? Which country would be a winner and which would be a loser? Would it be a country like China which exports far more than it imports, or a heavily indebted consumer society like the US?

Everyone is worse off. You are proposing to replace a system based on Ricardian comparative advantage where goods flow from places best situated to efficiently produce them with one based on import substitution where every country has to inefficiently try to make everything its economy needs domestically.

Why do people always assume that the cost of tariffs will be passed on to consumers, but they never make the same assumption about corporate or other taxes levied on businesses?

Seriously? That is exactly what happens but corporate and other taxes have been offloaded to the wage slaves in recent years.

As of 2016, craft beer consumption in Europe reached approximately 1.4 billion liters, accounting for about 3% of the continent total beer consumption. The United Kingdom led the market with 1,655 craft breweries in 2017, followed by Germany with around 1,300. In 2022, Germany was the largest beer consumer in Europe, with approximately 79.1 million hectoliters consumed, while the United Kingdom consumed around 45.9 million hectoliters.

This is all well and good, but assuming you have no interest in anything that happens outside the US borders, you have no idea how pitied and, indeed, disliked, we are by the world at large at the moment. People will stop buying US goods, even if they like those goods, on principle, and start switching to non-US alternatives. The US isn't the only country to make beer, and it's actually possible to live without drinking it.

Trump's not just risking financial damage with these stupid tariff wars, he's actively damaging the reputation of the US, and when people dislike a country they often make a conscious choice to not use that country's products.

Taking US craft beer as an example, I bet we will see a decrease in the popularity. Not least because other countries might slap tariffs on it in response to Trump's. I'm not a beer drinker myself, but I can't imagine that US craft beer is so much better than that of other countries that drinkers are willing to pay a ton more for it after a tariff is imposed.

Let's do a simple thought experiment. Imagine every country imposes a 30% tariff on all imported goods of every other country. Prices rise, but the government collects the tariffs, divides them equally between each citizen, and then cuts a cheque at the end of the year.

Is anyone better or worse off? Who exactly is a winner and who loses? And why? Which country would be a winner and which would be a loser? Would it be a country like China which exports far more than it imports, or a heavily indebted consumer society like the US?

As of 2016, craft beer consumption in Europe reached approximately 1.4 billion liters, accounting for about 3% of the continent total beer consumption. The United Kingdom led the market with 1,655 craft breweries in 2017, followed by Germany with around 1,300. In 2022, Germany was the largest beer consumer in Europe, with approximately 79.1 million hectoliters consumed, while the United Kingdom consumed around 45.9 million hectoliters.

Figures -from almost 10 years ago- for all craft beer, not only american ones. You are aware "craft beer" is not exclusively american, right?

Again, american craft beer means 63,755 in 2022. Which is close to nothing.

"Whatever, the world does not revolve around the US.

The current American empire has a hundred year age span , so far.

Thats a short span in empire terms...going down the drain actually...hope it is a quick death."

As a SUPERPOWER yes the rest revolve around the US for peace among others. It's either get on board or F-A & F-O.

"The Mercurial Moron giving everyone another example of how he bankrupted six companies - one a CASINO...

Go to war with our friends and allies and grovel at the feet of Putin...

And the price of eggs has not gone down one cent...

“When I win, I will immediately bring prices down, starting on Day One,”

Lying old fool..."

That so sophomoric, deserves no comment after you trying to convince everyone how Democrats gonna win in the general elections which makes you a worse young/old fool

@rainyday

corporate taxes can affect dividends that matter to investors but they don’t directly impact consumer prices.

You're assumption that corporate taxes don't directly impact consumer prices in the same way as tariffs is misconceived. Just think about it. If corporate taxes result in lower dividends, and thus a lower rate of return for investors, what do you think those investors are going to demand? Of course, higher profits which is probably going to be achieved through higher prices.

We can either make the movement of goods across borders entirely free and just tax corporations on their profits. Or we can collect part of those taxes at source as goods move across borders. What's the difference?

Also just to address this point there is a huge difference. Tariffs are only levied on goods that cross borders, so they aren’t a replacement for corporate taxes. For starters doing so would mean that corporations that don’t import anything, or are in businesses that by their nature don’t involve trade (ie services industries) would pay zero taxes.

The size of the budget hole that would create would be massive and there is no way raising tarffs would ever replace it since the higher you raise them the less trade there would be to tariff. So you’d have to either completely stop most government spending, or massively raise sales and individual income taxes to compensate.

You might favor a libertarian style outcome like that, which is fine, but the fact is that corporate income taxes and tariffs are very different things.

Yes, sir.

Well you're completely wrong.

https://vinepair.com/articles/american-hops-europe-vs-america/

Extrapolating from Brewers Association (BA) figures published by the organization and in Forbes, the overall craft beer volume exported to Europe declined from 78,994 barrels in 2021 to 63,755 in 2022.

You think you can support a whole industry with around 60000 measly barrels exported in one year?

The interest in american craft beer does exist for a tiny minority, but claiming "europeans love american craft beer" is like claiming "americans love Babymetal". Sure, they sometimes tour the US, but...??

It,s a big ask ...but start from the top...and the claim "US doesn't buy anything " from Canada...Blacklabel....and all the other false claims ...

and despair is the only response....

I dont want despair...I want people to be intelligent and optimistic

Trump...you are killing optimism

"Canada, Mexico announce tariffs on U.S. in retaliation for Trump's tariffs."

What's this bruhaha I'm reading here about? Unlike most politicians the Great President DJT, is a survy businessman and I'm sure he can't go for those tariffs without a backup plan or plan B. Whatever product or services they were providing can be sourced even cheaper in other countries. It's their loss our gain. In fact if trade is managed properly within the States we don't need Canada or Mexico.

The far right is upset at Canada reacting? The expectation that other countries just do whatever the American president says is hilarious. Of course there's retaliation. Completely normal, 25% ok, let's do it, 25% tariff both ways.

"Tariff war around the world "

Maybe...but maybe nations will trade "around " America.

Please advise what products the US makes that are not made in other countries.

Lets exclude weapons of destruction.

You're not wrong about taxes only being levied on profits, but what's the practical significance of this when dividends are only paid out on retrained earnings? Whether retrained earnings are reduced by corporate taxes or tariffs is irrelevant to investors. Only the final amount matters.

Your original question wasn’t about the effect on investors, it was about the effect on consumers. Yes, corporate taxes can affect dividends that matter to investors but they don’t directly impact consumer prices.

If you run a widget producing company, the costs of producing your widgets is the same regardless of whether the corporate tax rate is 10% or 25%. So a rise or reduction of corporate taxes won’t affect how much you charge consumers for widgets.

On the other hand, if a tariff is imposed on a component that you need to import to produce widgets, then your cost of producing widgets goes up and you either have to accept lower profits or charge higher prices to consumers (or more often a bit of both).

Americans will see that any prices are going higher soon in Trump kingdom. This will be a tariff war around the world.

Which won’t work because the Europeans will make that up, and we make a damn good craft beer, even the Europeans can’t resist.

Wait... You think Europeans... Love american craft beer???

That is pants-on-head insane. Next you're gonna claim French people adore american wine maybe?

*retained earnings

@rainyday

Because corporate taxes are only levied on net profit, not on gross income. They aren’t an accounting cost on the balance sheet that has to be made up, tariffs are.

You're not wrong about taxes only being levied on profits, but what's the practical significance of this when dividends are only paid out on retrained earnings? Whether retrained earnings are reduced by corporate taxes or tariffs is irrelevant to investors. Only the final amount matters.

We can either make the movement of goods across borders entirely free and just tax corporations on their profits. Or we can collect part of those taxes at source as goods move across borders. What's the difference?

In theory there is no difference, but global capital prefers the former because it's easier to shift profits to low tax jurisdictions with clever accounting.

Canada should declare the USA to be Southern Canada.

Why do people always assume that the cost of tariffs will be passed on to consumers, but they never make the same assumption about corporate or other taxes levied on businesses? 

Because corporate taxes are only levied on net profit, not on gross income. They aren’t an accounting cost on the balance sheet that has to be made up, tariffs are.

Trump thinks he can take over Canada, Greenland, Panama Canal. Must have the same thing in his head as JFK Jr.

Taxes always get passed on to consumers, sooner or later.

Crikey...some people need an economics lesson.

Ordinary Americans will pay more in any tariff war.

The world is an integrated economy....your American car has a majority of parts made not in USA.

Probably even the paint.

How can I dumb things down even more ?

MAGA crew....you make Cletus look like a Mensa Genius.

Trump wants to be on the side of "the axis of evil" in WW3. Just keep in mind many Americans are willing to protect and uphold our US Constitutional rights if the so-called POTUS turns treasonous tyrant. True Americans do not bow to kings, dictators, or the president. Our Constitution will remain after him and his crew are gone. Trump will try to remove American's right to vote in FREE and FAIR elections. Trump will try to remove the US 2A to protect ourselves from his attempt at getting full consolidated power over the US (including Congress, and Senate.)

Only problem is the US military does not have to obey if any of his orders violate their oath to the US Constitution.

Why do people always assume that the cost of tariffs will be passed on to consumers, but they never make the same assumption about corporate or other taxes levied on businesses? Tariffs are just an alternative method of collecting taxes upfront and with the added benefit of exempting all domestic transactions.

Global mobile capital hates tariffs but ordinary Americans will be the big winners in any tariff war.

Trump the criminal is showing America's friends and allies that under his disastrous leadership, America will attack trade from allies and increase taxes on all Americans, while giving select people tax cuts paid for by tariffs on incoming goods that Americans pay for.

People who voted for this Convicted Felon will regret it quite heavily, thinking he will help decrease the prices of eggs, gas pumps and cost of living, but nope, it's quite the contrary, this literally proves just shows how stupid most MAGA people really are, the same goes for the undecided ones, because they never learnt anything, like the J6 Insurrectionist attack, or him having a relationship with the notorious pedophile Jeffrey Epstein.

And instead of helping Americans, he spent his free time playing golf, firing so many officials and investigators, deporting a lot of immigrants, which clearly has nothing to do with lowering cost of living whatsoever. Someday this Convicted Felon might get Impeached once again if this keeps going too far with tariffs and his abuse of corrupt power by violating his Oath.

Turning Canada into a so-called American-State, is like how Kremlin Russia illegally annexed Ukraine's Crimea, or even Communist China trying to force Taiwan into a so-called Chinese Province.

A bit Different.

This will also make Canada to retaliate by taking Alaska into part of Canada instead of America.

Ohhhh, how will they do that? By force?

You think Canadians would even agreed to be an American? I doubted it, because the Canadians would even laugh at every MAGA's stupid brain-cells

And yet so many of them want to live in the States and work in our entertainment industry

https://www.cbc.ca/news/politics/canadians-moving-to-the-us-hits-10-year-high-1.7218479

@Bass, History repeats itself. No, it will not fix itself... I've watched this happen for over 30 years. GOP creates massive economic problems due to deregulation, and sucking up to corporate and rich America, then blames the dems. Dems try to fix things, but because the damage the GOP inflicts is bad, it takes time. The GOP then claims it is taking too long to fix, and they can do it better... then if the GOP gets back in power... they GO RIGHT BACK TO deregulation, and sucking up to corporats.

Trump is doing this process a LOT faster, a LOT harder, and violating the POTUS oath of upholding and respecting the US Constitution.

As I said, you guys never learn until it is too late. And I also said a long time ago, "one of these days it will be so bad, the US will never recover." Keep that in mind in the next few weeks to months... It is going to be worse than you could have ever conceived. And that is what you get when you believe in nothing but lies. Just remember all the "I told you so"s" from everyone trying to warn MAGAts about this for the past 12 years. But Project 2025 is a great idea in your mind right?

Go for it. If Canada thinks they can win this, ok…lol

That's Trump's thinking in a nutshell. But there will be no winners, just damage to every economy. But so long as the others suffer more than the USA, that's fine by Trump.

MAD.

Make Canada America! Americans are not worried about Canada’s far left government threats! We are laughing all the way to the bank!

Turning Canada into a so-called American-State, is like how Kremlin Russia illegally annexed Ukraine's Crimea, or even Communist China trying to force Taiwan into a so-called Chinese Province. This will also make Canada to retaliate by taking Alaska into part of Canada instead of America.

You think Canadians would even agreed to be an American? I doubted it, because the Canadians would even laugh at every MAGA's stupid brain-cells

Americans are not worried about Canada’s far left government threats! 

That is for sure.

He's doing this so that Americans will buy American products.ms.

obviously...

Just don't expect to sell much overseas either.

All this misinformation is just blabbered out, hoping it’s true and believed by all on the left. What’s this? Where is “Michigan”?

Says the baseless Conspiracy Theory coming out from the Far-Right.

Trump's not stupid. He's doing this so that Americans will buy American products.

That's what every Right-Wings always says, defending their so-called President's ridiculous action by being a greedy oligarch narcissist

My advice for all of US former allies, work around the US as long as Trumps regime is in power.

Aye-aye, sir!

Good lord, only idiots believe other idiots aren't stupid. It most certainly will not work the way MAGA nutters or Trump and cabal thinks it will.

Wrong

Trump most definitely is stupid,

That’s what the Dems though for 8 years and the entire system, Dems, Republicans, legal as well as illegal, judicial, foreign, assassins, they tried it all and he beat all of them, if he’s stupid, that’s the kind of stupid most of us want to be. This is why we voted for him.

even folks in his admin know it for a fact.

If they did, they wouldn’t serve in his cabinet. This is why, everyone from his first administration is out and the ones that back him and his agenda are now in.

I'm watching Trumps chaos unfold in my workplace as we have to deal with medications made all over the world becoming more expensive. I'm watching Trump's federal funding cut affect patients that are in LTC not being able to afford care or insurance coverage for those same medications that have a price increase. I'm watching my 401k already taking a beating thanks to mr. tariffs "help 'murica". How many times do those of us with sane American heads on our shoulders have to say that, "Trump and the MAGA, will tank the US economy!" It will be happening real time in the next few weeks/months. The inflation WILL rise, the deficit WILL rise, and Trump and his enablers will be the ones who directly caused it.

That will all right itself, he just started, a root canal always looks bad until you scrape it clean and refill it.

Can't blame the dems for this one.

No, but he is cleaning up and has a lot to clean up from the last administration and it was a disastrous mess.

It will be TRUMP and MAGAs fault.

We will be fine. And let’s not forget, the Dems had 12 years to fix the country and what did they do? They nearly killed it, so yeah, Trump has a lot to do and it will be bumpy for a bit, but it will get batter.

The world knows, and those of us Americans that didn't vote for this KNOW. MAGAts OWN this MESS.

I could care less what the world or haters think. The world is not the U.S.

I said a long time ago, "Y'all won't figure out how badly you screwed up, until it is TOO LATE

We did and last November half of the country decided to fire the Democrats, all of them. A Chuck Mangione song comes to mind.

The Mercurial Moron giving everyone another example of how he bankrupted six companies - one a CASINO...

Go to war with our friends and allies and grovel at the feet of Putin...

And the price of eggs has not gone down one cent...

“When I win, I will immediately bring prices down, starting on Day One,”

Lying old fool...

Go for it. If Canada thinks they can win this, ok…lol

There are always no winners in trade wars, the fact that any Far-Right Americans always complaining and blaming the Democrats and the Left for rising prices on eggs and cost of living and gas prices, yet they ended up praising this so-called President Trump's chaotic mess by putting Tariffs on 2 of his neighbouring countries, which also doesn't help easing the cost of living, nor lower the prices of eggs or gas pumps, just shows how dumb, stupid and brainless they're really are.

I just saw something to the effect that Canada is now considering a total stop on buying any alcoholic drinks made in red states. So there's a tactical element to this too; or maybe a political one.

Which won’t work because the Europeans will make that up, and we make a damn good craft beer, even the Europeans can’t resist.

Then again, that might work in the red states' favor; they can get good and hammered before impregnating their cousins.

That would be like me saying all little girls under the age of 12 shouldn’t be on the streets in blue states.

Good lord, only idiots believe other idiots aren't stupid. It most certainly will not work the way MAGA nutters or Trump and cabal thinks it will. Trump most definitely is stupid, even folks in his admin know it for a fact. I'm watching Trumps chaos unfold in my workplace as we have to deal with medications made all over the world becoming more expensive. I'm watching Trump's federal funding cut affect patients that are in LTC not being able to afford care or insurance coverage for those same medications that have a price increase. I'm watching my 401k already taking a beating thanks to mr. tariffs "help 'murica". How many times do those of us with sane American heads on our shoulders have to say that, "Trump and the MAGA, will tank the US economy!" It will be happening real time in the next few weeks/months. The inflation WILL rise, the deficit WILL rise, and Trump and his enablers will be the ones who directly caused it. Can't blame the dems for this one. It will be TRUMP and MAGAs fault. The world knows, and those of us Americans that didn't vote for this KNOW. MAGAts OWN this MESS. I said a long time ago, "Y'all won't figure out how badly you screwed up, until it is TOO LATE."

My advice for all of US former allies, work around the US as long as Trumps regime is in power. Sanction the US, tariff the US, and the oligarchs who believe that the rich should rule the poor, the GOP members that went full MAGA in their support for Trump. Should Trump attempt military action on US allies/NATO, I fully expect US allies/NATO to band together against Trump and his enablers. The US USED to have dignity, integrity, honor, and stability. MAGA did EXACTLY the opposite of their moniker... I don't even call them idiots any more, they're worse than that.

Methinks the lady doth protest too much.

Go for it. If Canada thinks they can win this, ok…lol

"Trudeau announces tariffs on U.S. in retaliation for Trump's tariffs."

The guy is on his way out!

Trump's not stupid. He's doing this so that Americans will buy American products.

We managed to alienate a country whose national identity is niceness.

Oh dear! Excuse me while I cower in my safe space!

Trump's come down quite a bit re tariffs on China.

Campaigning to the masses time, saw 60% often blurted.

Then it was 50%.

Then it was a universal 25%

And then it became 10%.

Why the decrease when Trump has accused China of being responsible for huge trade imbalances to the tune of $100s billions deficit for the US? (funnily enough the highest deficit in decades was in Trump's mid-1st term and then fell after)

So only 10% on the Big Baddie after all of the huffing and puffing seems like a reality check to the bluster..

But I guess a majority of his supporters will have forgotten all of this.

in return you get to keep all your fentanyl. And your crap “Canadian whiskey”.

Dude, Cletus and his eighteen cousins are our biggest customers for fentanyl. He can't do them without a good dose. I mean, who knows where she's been...

Trade is the bedrock of modern civilization. I do not want to toil in the fields to grow cabbage but will trade my labour in my specialized field for cabbages with a person who specializes in growing cabbages.

Trade allows specialization and capital to be used efficiently to the benefit of everyone and for humans to progress in all aspects of civilization.

Oh so this is a popularity contest and whoever gets the most upvotes from expats on their smartphone has the correct opinion? I see!

But you don’t because I didn’t say that. The butthurt is bigly today.

All this misinformation is just blabbered out, hoping it’s true and believed by all on the left. What’s this? Where is “Michigan”?

US annual nickel production: 19,000 tons

Canadian annual nickel production: 3,600,000 tons.

but a leader who's announced his resignation has essentially no more left to give, and that's when a politician is at his or her most dangerous.

Trump is in his second term so he has no more to give either. Trump is also mightily p***ed off at the Canadian liberals who have turned their country into a hole and want the US to go down the same road.

If among his last actions, he decided to throw a huge middle finger at Trump, that would be the greatest way to sign off.

This is Trump throwing a goodbye kiss at Trudeau. Trudeau should not let the door hit him on his way out.

I just saw something to the effect that Canada is now considering a total stop on buying any alcoholic drinks made in red states. So there's a tactical element to this too; or maybe a political one.

Then again, that might work in the red states' favor; they can get good and hammered before impregnating their cousins.

Make Canada America! Americans are not worried about Canada’s far left government threats! We are laughing all the way to the bank!

@zaphod

’what are Trudeau’s demands?”

that Trump stop acting like the idiot he is.

the u.s. has no nickel to mine.

All this misinformation is just blabbered out, hoping it’s true and believed by all on the left. What’s this? Where is “Michigan”?

https://en.m.wikipedia.org/wiki/EagleMine(Michigan)

not really. We just don’t buy anything from you, which actually hurts YOU.

Are you kidding me? Canada exports a lot of their energy to USA. So much so that they're running low on energy for themselves. Energy is cheap there, as I asked my friend from Montréal. Just as well, since they have heating on 24/7 in the winter.

Anyway, it's great to see the rats fighting amongst themselves. Not a fan of Trump or Trudeau. Both have been supportive of both Nazis and Zionists - go figure.

Didn't I say that just yesterday and here we go:

Donald's oh so great plans already firing back at him big time.

Oh, and bass

"We just don’t buy anything from you, which actually hurts YOU."

Wait until all those companies in the US scream for Canada's resources!

Wait until Americans want to have cheap avocados and strawberries again.

Wait until Americans ask for cheaper gas again, because Canada cut off supply.

Most of the world can do without the US economically (even though it will be tough, I agree), but can an isolated US do without the world? Got my serious doubts.

Concerning that 50% stuff, the answer from Canada, Mexico, China and other countries will be appropriate.

A trade war is the least we need - but we got one thanks to Donald Dumb!

I can't say that I am a fan of Trudeau in general but I applaud the outgoing PM here for standing up to the southern bully and for the rights of the Canadian people.

Trump the criminal is showing America's friends and allies that under his disastrous leadership, America will attack trade from allies and increase taxes on all Americans, while giving select people tax cuts paid for by tariffs on incoming goods that Americans pay for.

America under Trump will have no friends left, just suspicious and untrusting nations that used to be close allies and friends. Trump is shifting world opinion on America and moving it into the basket case section, at least for the next four years.

America is now the loud mouth obnoxious nation nobody wants to invite to parties. Trumps America first idea is in practice America last.

Oh dictators and others will appease and suck up to Trump but when his back is turned, the knives will metaphorically come out. Deals will be done without America, leaving them out in the cold where ever they can.

Trump making America come last and stand alone.

nickel and potash are vital to the u.s. the u.s. has no nickel to mine.

MAGA: "Huh, what do you mean? I have a nickel in my pocket and I can get pot and hash from my local dealer!"

Tokyo Guy...yep...and underlying it all for MAGA is a simple MEANNESS OF SPIRIT.

Sad, sad people.

You might just find that Americans buy a lot of goods from Canada. Have you researched this?

The USA's total export-import ratio from Canada was about 18%-14%. Some things will get expensive but it will be no where near the 77%-63% that the Canadians are dealing with.

I just saw Trudeau's press conference. Flipping back and forth between French and English, never once showing anger, quoting JFK. I don't know why he's resigning, but he at least comes across as a leader, and not an incontinent 78-year old roué.

The trade balance between Canada and US shows a $100 billion plus balance to Canada.

Would it make more sense to impose tariffs on nations YOU have the plus trade balance with.?

A quick refresher on MAGA thinking as it relates to tariffs, etc.

MAGA operates on a simple premise: I don't care if I suffer, as long as they suffer more. MAGA people will willingly accept a 50% increase in their grocery prices if it means that the brown people next door have their door smashed down by ICE. "What? They're American citizens? So what, they're brown, and that alone makes them suspect".

MAGA people will be fine with the 1% getting richer and richer as long as someone else gets poorer and poorer (as long as it's not them, of course, in which case it's a democrat conspiracy theory because Fox said that the democrats secretly control the house and the senate and have engaged in a vast conspiracy against the American people).

MAGA are fine with planes crashing, helicopters and planes colliding, etc., as long as they have a bogeyman on whom to blame it.

MAGA are absolute masters of denial. "We buy nothing from Canada". "Every other country in the world is scared of us and will eventually bend the knee to Trump". "Trump has never made a bad decision in his life, and everything he does is for the average citizen".

If you read their responses with this in mind, it will make a bit more sense.

nickel and potash are vital to the u.s. the u.s. has no nickel to mine.

farming in the u.s is dependent on potash from canada.

man, food prices in the u.s. will skyrocket.

Gets better...US imports $480 billion from Mexico...lots of high end industrial stuff and machinery as well.

EVERYTHING just got more expensive for the USA ......hope Mexico retaliates with tariffs as well.

Go MAGA.....thought bubbles as useful as bath bubbles

I'm not at all familiar with Canadian politics (although I do know that politics in general is basically just backstabbing and intrigue), but a leader who's announced his resignation has essentially no more left to give, and that's when a politician is at his or her most dangerous. If, among his last actions, he decided to throw a huge middle finger at Trump, that would be the greatest way to sign off.

30 states get electricity from Canada.

yes, canadians are taking it to heart and already buying canadian products instead of u.s. goods. it started with trump mouthing off about tariffs long ago.

canada should raise the price of oil price to the u.s. at least 15%. it's too cheap.

with the 10% tariff and higher price, the price at the pump in the u.s. will go up soon.

the u.s. can go back to the saudis to get the oil they need for gasoline.

and increase the cost of electricity. people have no idea how much electricity is sold by canada to northern states.

Some official Govt. site says in 2023 US imported $436 billion goods from Canada.

Oil, cars, car parts, minerals some of the things listed.

Nobody from MAGA checks....

But Trump LOVES Tariffs...he is the tariff guy, remember.

Didnt see this coming ?

Go MAGA....go Trump.......go get an education

There is going to some huffing and puffing, the big girls are going to blowing there blouses out.

Toys are going to fly, there will be smeared lips stick. allot of loud rattle waving.

Then compromise.

Not sure about Mexico, Canada yes, smart money within those 21 days.

> BlacklabelToday 12:54 pm JST

They will raise costs for you, including food at the grocery store, gas at the pump. They will impede your access to an affordable supply of vital goods."

> not really. We just don’t buy anything from you, which actually hurts YOU.

> i think you will also be getting a 50% tariff in response to your nonsense.

A whole lot of Americans get goods from Canada, as has been posted many times on this site. Dealings also go on between States and provinces. MAGA people really have their heads firmly in the sand, don't they?

Canada will retaliate against President Donald Trump's new tariffs by imposing 25% tariffs on U.S. goods from drinks to appliances, Prime Minister Justin Trudeau said on Saturday.

Good. Let him posture and look even more stupid than he already does. In the event, Trumps tariffs are in response to clear demands and a negotiation tool. What are Trudeaus demands? Re-instate DEI and open the borders again? Good luck with that.

Good on Canada.

Here's hoping the average American will be negatively affected by these petty tariffs and that fuel cost increases will hurt them. That would be heart-warming to see.

The best thing Canadians can do is seek out and buy as much local produce and goods as possible. Best to avoid the rubbish foods produced south of their border.

I just read this on Threads.

"Canadians are well known for their friendliness and hospitality. No more. At tonight's NHL game between Ottawa and Minnesota, it was the first time in my 67 years that I have heard Canadians boo another country's anthem. Canada is pi**sed, rightly so.

We managed to alienate a country whose national identity is niceness.

Detroit is going to suffer bigly.

Private citizens around the world need to totally boycott American products, now.

You might just find that Americans buy a lot of goods from Canada. Have you researched this?

"Research" in MAGA world means "what Fox and OANN tell us"

It won't affect Americans crossing the border to buy their cheaper prescription drugs and medicines.

not really. We just don’t buy anything from you, which actually hurts YOU.

You might just find that Americans buy a lot of goods from Canada. Have you researched this?

They will raise costs for you, including food at the grocery store, gas at the pump. They will impede your access to an affordable supply of vital goods."

not really. We just don’t buy anything from you, which actually hurts YOU.

i think you will also be getting a 50% tariff in response to your nonsense.