Canada Announces Retaliatory Tariffs Against US

[appalachiablue]

Source: CNBC

Canada will retaliate against new U.S. tariffs by imposing its own trade barriers on U.S. steel, aluminum and other products, Canadian Foreign Minister Chrystia Freeland said Thursday.

Freeland said Canada plans to slap dollar-for-dollar tariffs on the U.S. The NAFTA partner's proposed import taxes would also cover whiskey, orange juice and other food products alongside the steel and aluminum tariffs.

Canadian Prime Minister Justin Trudeau said that the tariffs, announced Thursday by U.S. Commerce Secretary Wilbur Ross, are an affront to the security partnership between the U.S. and Canada.


Read more: https://www.msn.com/en-us/money/markets/canada-announces-retaliatory-tariffs-against-us/ar-AAy4pHw?li=BBnb7Kz

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CNN, 'Trump Is Starting A Global Trade War,' May 31, 2018
http://money.cnn.com/2018/05/31/investing/us-steel-aluminum-tariffs-response/index.html

[riverbendviewgal]

1. Canadians don't flinch at this.

We are tough and don't like bullies. We know how to survive. Look, we joined WW2 in 1939. All Canadians I know hate Trump.

[denvine]

4. A large percentage of Americans are with you!

We hate Trump also. Thanks for being such great friends and neighbors for so long and sorry we have such a douchebag for a president.

[cab67]

9. and this ethnic Canadian says, "Good on Canada."

(My father's family is from Quebec.)

[jayschool2013]

10. I met a couple of Albertans

I met a couple of Albertans this winter who couldn't stop playing the "But what about Hillary" game.

That was annoying. Something about Alberta?

[IronLionZion]

20. Alberta is the Texas of Canada

they are conservative and love oil

[riverbendviewgal]

22. Correct.

Very good answer.

[jayschool2013]

25. Thanks

And keep standing on guard for your home and native land.

[riverbendviewgal]

21. Alberta is full of conservatives

And right wingers but their party in power today is NDP after decades of PC government. New Democratics are more liberal than the liberals.

[janterry]

13. As an American,

I can only say how embarrassed I am.

I live in VT - and most of us hate him, too. But - clearly - as a country - we've gone down a wrong path. I'm so sorry.

[WePurrsevere]

35. I wish I could say, "all Canadians" I know hate him...

I'm an adoptee 'in reunion' with my original families and have at least two out of the bunch of Canadian paternal cousins (that I'm 'friends' on FB w/so far) that seem to think Trump's great. I'm hoping this and other crap will change that opinion but they'll probably just find a reason to blame Trudeau again.

[OldHippieChick]

2. Let's just piss off our closest ally because

this deal was something that Obama didn't screw up so I'm going to do just the opposite of Obama because I am the Leopard King. Oh, and I'm the king of the deal. Tired of winning yet???

[Achilleaze]

3. Thanks a crapload, republicans

republicans are turning our friends into our enemies. Did the kremlin put the freaking repubes up to this?

[appalachiablue]

5. So much 'winning': Canada counterresponds.

[BumRushDaShow]

6. Here is a doozy quote from the WaPo article on the subject

From GOPer Ben Sasse to boot -

Officials from the three trading partners — among Washington’s closest allies for decades — have dismissed the idea that their shipments to American customers endanger the United States — and some prominent Republicans attacked it as wrongheaded.

“This is dumb. Europe, Canada, and Mexico are not China, and you don’t treat allies the same way you treat opponents,” said Sen. Ben Sasse (R-Neb.). “We’ve been down this road before—blanket protectionism is a big part of why America had a Great Depression. ‘Make America Great Again’ shouldn’t mean ‘Make America 1929 Again.”

https://www.washingtonpost.com/business/economy/trump-imposes-steel-and-aluminum-tariffs-on-the-european-union-canada-and-mexico/2018/05/31/891bb452-64d3-11e8-a69c-b944de66d9e7_story.html

[appalachiablue]

8. +1 heaven help us, and the world...

< "Make America Great Again’ shouldn’t mean ‘Make America 1929 Again.” > No joke!

[BumRushDaShow]

12. I just saw where Mexico was going to put a tariff on U.S. blueberries

that is going to smack the hell out of Washington & Michigan, as well as states like New Jersey, California, Georgia, Oregon, and North Carolina.

[appalachiablue]

15. 'Genius' trade decisions that will cause harm to many and backfire..

What are we headed for..

[BumRushDaShow]

18. Yup.

[hatrack]

28. So what are you going to do about it, other than flap your gums?

Senator? Any time you'd like to answer would be just fine.

[Lifelong Protester]

29. I wish I could rec this post.

[procon]

7. We're so screwed.

Trump has deliberately antagonized all our major trading partners without ever trying to start any negotiations if he really wanted to make another agreement. The losers are us, the people who will be paying more for all our purchases now, and Trump isn't giving me any additional income to compensate for the costs of his idiotic decision.

[Sophia4]

17. It will also hurt all the Americans who are invested in companies that produce

products overseas and sell them here. To say nothing of how this will harm the retail sector.

Our trade policy was messed up before Trump, but taking Trump's sledgehammer to it is the wrong approach.

[BigmanPigman]

11. The only positive/silver lining is that it will effect voters

who normally voted GOP to question that vote. It has to effect them in their almighty pocketbooks.

[Hortensis]

14. Yes, has to be personal and hurt.

I am calling all these positive in hopes that they will pay off on November 6.

[Jedi Guy]

27. You'd think so, wouldn't you?

Except Fox News and Trump will blame Democrats (naturally) and his kooky base will rush to gorge from the trough (also naturally). You can't reason someone out of a position they didn't arrive at using reason. His base thinks Democrats are the cause of all that's wrong with America (see: libruls, SJWs, snowflakes, hommasexshuls, etc.)

There's a certain subset of the American populace who will never, no never, vote for anything but a Republican, come hell or high water. Lucifer himself could pop up behind Trump during a rally and say "This guy here? He's my bestie" and they'd still vote for him.

Some of them, I think, know better in their secret hearts. They know that Trump conned them, and that they made a horrific mistake in helping put him in office. But admitting that they made such a huge mistake is something they can't bring themselves to do, because it would mean their progressive friends/family/colleagues were right. And sometimes it's easier to forgive others for being wrong than for being right.

[BigmanPigman]

31. Excellent POINT, unfortunately you are correct.

[Sophia4]

16. Here we go!

[groundloop]

19. Mr. "Trade wars are easy to win" is getting his ass handed to him

And of course taking the USA down with him.

[paleotn]

23. Alright, congressional Rethuglicans...

time to do your damn job a put a stop to this craziness.

[IronLionZion]

24. Trump supporters are so dumb, they think products are going to become cheaper

and they will be in for a big surprise. They'll probably blame immigrants and Obama when prices increase instead.

Wilbur Ross should know better.

[Rebl2]

30. Exactly right

This will be basically a tax on us. They’ll twist it to say it’s democrats fault somehow. I always thought republicans were so against tariffs. So why aren’t they fighting trump on this idiot move?

[Freethinker65]

26. Who did not see this coming

I want every GOP/Republican given air time to spout off about Samatha Bee to be asked where they stand on the Trump tariffs and how they feel they will affect our economy. I want them on record and then I want a follow up question on what the fuck they intend to do about the idiot head of their party and our country.

[workinclasszero]

32. Putin's end game is in effect

His employee Trump will destroy EU, Canada, Mexico and the USA of course.

The GOP has taken all controls off of Wall Street and banks and Shitler is kicking our friends and allies in the nads.

Trump is going to destroy this economy on orders from the Kremlin.

[doc03]

33. In the latest United Steelworkes

Magazine they back the tarriffs and claim they gained 26000 jobs under Trump so far.

[workinclasszero]

34. We will lose far more jobs than that and inflation will ignite

Over 146,000 Americans will lose their jobs because of Trump’s trade tariffs

https://qz.com/1293821/trump-trade-war-146000-us-job-will-be-lost-to-steel-tariffs/

[doc03]

36. USW president is canadian. nt

[SayItLoud]

37. No one ever explained....

How the F'n MORON came up with 25% & 10% figures. He just dropped them during a bullshit rally. Love to hear how the great Orange Asshole arrived at those figures.

[safeinOhio]

38. I saw the movie....

[roamer65]

39. Just wait until Mexico abrogates the Treaty of Guadalupe Hidalgo.

That treaty ceded 54 percent of Mexico’s territory to the US in 1848 after a bullshit war that even John Quincy Adams opposed.

It will get very interesting if they do it.