bucknaway Posted 17 hours ago Author Posted 17 hours ago why is President Trump imposing tariffs on Canada President Trump imposed tariffs on Canada to address several issues, including enforcing U.S.-Mexico-Canada Agreement (USMCA) rules of origin, reducing the trade deficit, and tackling illegal immigration and fentanyl trafficking across borders. The tariffs include a 25% duty on most Canadian imports, with exceptions for energy products and critical minerals, which face a 10% tariff. Trump stated these measures aim to protect American industries and national security while encouraging compliance with USMCA standards. Citations: [1] Fact Sheet: President Donald J. Trump Adjusts Tariffs on Canada and Mexico to Minimize Disruption to the Automotive Industry https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/ [2] Trump delays some tariffs on Mexico and Canada for one month https://www.cnn.com/2025/03/06/economy/tariffs-delay-mexico-canada/index.html [3] Tariffs Update: Imposed, Paused, Changed, and Reciprocal Tariffs ... https://www.gtlaw.com/en/insights/2025/3/tariffs-update-imposed-paused-changed-and-reciprocal-tariffs-involving-the-us-canada-china-and-mexico-as-of-march-7 [4] 2025 United States trade war with Canada and Mexico - Wikipedia https://en.wikipedia.org/wiki/2025_United_States_trade_war_with_Canada_and_Mexico [5] What you need to know about the US-Canada trade war - Avalara https://www.avalara.com/blog/en/north-america/2025/03/canada-us-tariffs.html [6] Trump tariffs: US expands exemptions to Canada and Mexico tariffs https://www.bbc.com/news/articles/c5y03qleevvo [7] Trump says the U.S. may place reciprocal tariffs on dairy and lumber from Canada https://www.nbcnews.com/politics/trump-administration/trump-says-us-may-place-reciprocal-tariffs-dairy-lumber-canada-rcna195350 [8] Live: Trump threatens tariffs on Canadian lumber, dairy one day ... https://finance.yahoo.com/news/live/live-trump-threatens-tariffs-on-canadian-lumber-dairy-one-day-after-pausing-duties-on-canada-mexico-191201221.html [9] Trudeau says trade war between Canada and U.S. expected for the ‘foreseeable future’ https://www.pbs.org/newshour/economy/trudeau-says-trade-war-between-canada-and-u-s-expected-for-the-foreseeable-future [10] Trump triggers trade war, price hikes with tariffs on Canada, China and Mexico https://www.reuters.com/world/trade-wars-erupt-trump-hits-canada-mexico-china-with-steep-tariffs-2025-03-04/ Quote
bucknaway Posted 17 hours ago Author Posted 17 hours ago what Canadian companies so far plan to move to the USA or open branches in the USA due to the tariffs So far, Montreal-based TFI International Inc., a trucking and logistics firm, announced plans to shift its legal domicile to the U.S., citing its larger American shareholder base and the fact that 70% of its operations are in the U.S. However, it plans to keep its headquarters in Canada without relocating staff. Additionally, a KPMG survey found nearly half of Canadian business leaders are considering moving investments or production to the U.S., though few have acted on these plans yet[2]. Citations: [1] Trump walks back tariffs on a range of goods from Mexico and Canada for one month https://www.nbcnews.com/politics/economics/trump-administration-floats-exemptions-tariffs-canadian-mexican-goods-rcna195110 [2] Some Canadian companies are considering relocating to the U.S. https://financialpost.com/news/economy/canadians-very-carefully-operations-us [3] US Tariffs on Canada and Mexico Enter into Effect - White & Case LLP https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20 [4] Canada announces robust tariff package in response to unjustified U.S. tariffs https://www.canada.ca/en/department-finance/news/2025/03/canada-announces-robust-tariff-package-in-response-to-unjustified-us-tariffs.html [5] Elbows up: How Canadians are fighting back against Trump’s tariffs https://www.cnn.com/2025/03/06/us/canada-trump-tariffs-reactions-intl-hnk/index.html [6] Trump tariffs: US expands exemptions to Canada and Mexico tariffs https://www.bbc.com/news/articles/c5y03qleevvo [7] Fact Sheet: President Donald J. Trump Proceeds with Tariffs on Imports from Canada and Mexico https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/ [8] List of products from the United States subject to 25 per cent tariffs ... https://www.canada.ca/en/department-finance/news/2025/03/list-of-products-from-the-united-states-subject-to-25-per-cent-tariffs-effective-march-4-2025.html [9] Trump tariffs: U.S. pauses tariffs on some Canadian, Mexican imports until April 2 https://www.cnbc.com/2025/03/06/trump-tariffs-live-updates-businesses-warn-of-ripple-down-effects-from-tariffs-because-of-rising-costs.html Quote
Goober Posted 16 hours ago Posted 16 hours ago 1 hour ago, Suckrates said: People should STOP looking for rational excuses for Trumps actions. They are simply pure and simple VENGEANCE, RETRIBUTION and POWER. He is flexing, and trying to show HE is the ultimate "tough guy".... When the world knows this man belongs in an old age nursing home. Maybe he'll even replace Hulk Hogan in the ring ? Isnt it Clear yet, the man DOESNT know what the fuck he is doing ? Tariffs ON Tariffs OFF Take the chainsaw and cut everything..... It's like he's the crazy man in a Rage Room destroying shit for the "fun of it ". He's a Headlines Hog, and the more crazy he acts, the surer he is that he will dominate the News EVERY DAY....without giving a single thought to the consequences of his actions. Its the RESULT that counts, and he gets his results. I asked only because I'm curious how much donOLD has brainwashed MAGAts (you know, they actually believe they're thinking for themselves lol). They'll believe and defend anything he says, even when he flip-flops or accidently exposes the truth; such as his claim to wanting peace in Ukraine, when peace is simply an incidental outcome of his primary goal to divvy up Ukraine resources between the US and Russia. Quote
Members unicorn Posted 14 hours ago Members Posted 14 hours ago On 2/26/2025 at 12:56 AM, bucknaway said: d1f73b21495347c85d3aa3cdd65f944e.mp4 Quote
Moses Posted 7 hours ago Posted 7 hours ago 9 hours ago, Goober said: when peace is simply an incidental outcome It is still peace, you know? And when you oppose to it, you are voting for war. bucknaway 1 Quote
Goober Posted 1 hour ago Posted 1 hour ago 5 hours ago, Moses said: It is still peace, you know? And when you oppose to it, you are voting for war. Russia could simply retreat out of Ukraine territory, and that would bring peace. Quote
Moses Posted 1 hour ago Posted 1 hour ago 26 minutes ago, Goober said: Russia could simply retreat out of Ukraine territory, and that would bring peace Russia couldn't while in Ukrainian constitution exists article 85. It is threat to national security interests. If Ukraine will remove article 85, and NATO will varrant neutrality of Ukraine (and not like in 1989 to Gorbachev), then it may be subject on negotiations. Quote
Goober Posted 57 minutes ago Posted 57 minutes ago 23 minutes ago, Moses said: Russia couldn't... Bullsh!t That might be a reason they won't leave. It's not a reason why they can't leave. Quote