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| DJT ups the ante on tariffs (Page 2/51) |
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Raydar
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NOV 27, 01:54 PM
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I don't really have any problem with Canadian goods, and not a huge problem with Mexican goods. But GM doesn't need to be building cars in China, for US consumption. (Let them build all they want for the Chinese.)
Heck... maybe if there are good manufacturing and tech jobs in Mexico, the people will stay there.  (Overly simplistic, of course, but whatever.)
I think this tariff thing needs to be "tempered" a bit, to allow manufacturers to spool up production stateside if, indeed, they decide to.
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Patrick
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NOV 27, 04:51 PM
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| quote | Originally posted by Raydar:
I think this tariff thing needs to be "tempered" a bit, to allow manufacturers to spool up production stateside if, indeed, they decide to.
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Trump has stated that on Day One of his presidency, he will mandate a 25% tariff on all imports from Canada, Mexico and China. I suspect he's simply posturing (for his ego), but we'll see.
For one thing, there may be legal reasons due to the USMCA agreement that Trump can't simply do (to Canada and Mexico) what he says he wants to do. (I don't give a hoot about China.)
But let's say that Trump is actually able to follow through with this threat. With 60% of the US's imported oil coming from Canada (and another 10% from Mexico), a 25% increase in price to the US consumer has gotta hurt. Even if the US ups it's own oil production to cover for this imported oil, it's not going to occur overnight, far from it. And this applies to everything else (cars, lumber etc) that the US imports.
If Trump gets his way, the US consumer will get burned big time. And yes, there'll be huge negative ramifications here in Canada as well. Everyone loses, on both sides of the border. There's a reason why free trade deals between countries are often sought after... as they can be mutually beneficial.[This message has been edited by Patrick (edited 11-27-2024).]
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82-T/A [At Work]
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NOV 27, 08:38 PM
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| quote | Originally posted by Patrick:
Trump has stated that on Day One of his presidency, he will mandate a 25% tariff on all imports from Canada, Mexico and China. I suspect he's simply posturing (for his ego), but we'll see.
For one thing, there may be legal reasons due to the USMCA agreement that Trump can't simply do (to Canada and Mexico) what he says he wants to do. (I don't give a hoot about China.)
But let's say that Trump is actually able to follow through with this threat. With 60% of the US's imported oil coming from Canada (and another 10% from Mexico), a 25% increase in price to the US consumer has gotta hurt. Even if the US ups it's own oil production to cover for this imported oil, it's not going to occur overnight, far from it. And this applies to everything else (cars, lumber etc) that the US imports.
If Trump gets his way, the US consumer will get burned big time. And yes, there'll be huge negative ramifications here in Canada as well. Everyone loses, on both sides of the border. There's a reason why free trade deals between countries are often sought after... as they can be mutually beneficial. |
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Trump has absolute authority to impose tariffs against Mexico and Canada, regardless of whatever is in the USMCA.
In 1962, Congress granted the Executive Branch authority to impose tariffs under what was called the "Trade Expansion Act of 1962." This allows the President to unilaterally impose tariffs under the guise of national security, without requiring congress to act. It was passed to assist John F. Kennedy in dealing with Cuba (and other countries at the time).
Because illegal immigration most absolutely is a national security threat, Trump will have absolute authority to impose these tariffs, even if Congress decides they don't want to allow it. They'd have to pass a law specifically rescinding this right, and then the Senate would have to pass it, and then Trump would need to sign it, which of course he wouldn't, so then it would have to go back to the House and they'd have to overrule him, which they wouldn't get enough support to. Everyone wants this.
What I would suggest, is that Mexico and Canada both fall in line and get their **** together. The adults are back in the White House, and we're not going to play stupid games anymore. Trudeau has already said he will cooperate fully, and the President of Mexico has frantically called Trump and said she will work with Trump to help stop the flow if migrants.
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Patrick
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NOV 27, 10:10 PM
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| quote | Originally posted by blackrams:
Although, admittedly I didn't realize there was nearly the issue with Canada as with Mexico.
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There isn't. It's just Trump talking out of his azz.
Am I suggesting there is absolutely no flow of illegal whatever from Canada to the US. No. However, it pales in comparison to whatever is illegally crossing the border from Mexico to the US. And let's not forget the illegal whatever coming into Canada from the States. This isn't a one way problem.
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Patrick
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NOV 27, 10:17 PM
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82-T/A [At Work]
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NOV 28, 07:20 AM
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| quote | Originally posted by Patrick:
Not only do I not see evidence of anyone being frantic (other than maybe yourself being frantic with hyperbole), but it appears that Trump wasn't even worth a phone call from Mexican President Claudia Sheinbaum. She sent him a letter. When you get wound up like this, do you just make up stuff or what? |
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Trump and Mexican president say they had a good call – though no sign of backing down on tariff pledge
https://www.cnn.com/2024/11...l-tariffs/index.html
"Just had a wonderful conversation with the new President of Mexico, Claudia Sheinbaum Pardo. She has agreed to stop Migration through Mexico, and into the United States, effectively closing our Southern Border. We also talked about what can be done to stop the massive drug inflow into the United States, and also, U.S. consumption of these drugs. It was a very productive conversation!"
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blackrams
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NOV 28, 07:59 AM
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| quote | Originally posted by Patrick:
Trump has stated that on Day One of his presidency, he will mandate a 25% tariff on all imports from Canada, Mexico and China. I suspect he's simply posturing (for his ego), but we'll see.
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You may be correct, but what I am sure of is, the lack of leadership during the Biden/Harris years is what caused all of these border crossings and facilitated a greater flow of drugs. I suspect DJT is ensuring everyone knows there's a new sheriff in town and this crap is going to come to an end or else.
Rams[This message has been edited by blackrams (edited 11-28-2024).]
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cliffw
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NOV 28, 10:02 AM
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| quote | Originally posted by Patrick:
I suspect he's simply posturing (for his ego), but we'll see. |
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Yes you will, although you should have learned something from history. Circa 2016.
Leftoids are a special breed. What would tariffs do for his ego ?
| quote | Originally posted by Patrick:
But let's say that Trump is actually able to follow through with this threat. With 60% of the US's imported oil coming from Canada (and another 10% from Mexico), a 25% increase in price to the US consumer has gotta hurt. Even if the US ups it's own oil production to cover for this imported oil, it's not going to occur overnight, far from it. And this applies to everything else (cars, lumber etc) that the US imports. |
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Again, history, circa 2016. All Presidential candidates since the mid 70's promised to become energy independent. Trump did not make that promise yet he was the only one who made it happen. We were exporting fossil fuels.
| quote | Originally posted by Patrick:
If Trump gets his way, the US consumer will get burned big time. And yes, there'll be huge negative ramifications here in Canada as well. Everyone loses, on both sides of the border. There's a reason why free trade deals between countries are often sought after... as they can be mutually beneficial.
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Histoty again Patrick, circa 2016.
WASHINGTON (AP) — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries.
The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared.
| quote | Originally posted by Patrick:
It's just Trump talking out of his azz.
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Is that like Obama and Biden sending a stern letter of disapproval ? Trump, while not in office yet, is beginning negotiations. Trump will not back down !
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blackrams
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NOV 28, 10:21 AM
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| quote | Originally posted by Patrick:
There isn't. It's just Trump talking out of his azz.
Am I suggesting there is absolutely no flow of illegal whatever from Canada to the US. No. However, it pales in comparison to whatever is illegally crossing the border from Mexico to the US. And let's not forget the illegal whatever coming into Canada from the States. This isn't a one way problem.
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Trump talking out his azz? If nothing else is true, DJT is telling those countries that they better get with the program and attempt to help stop that flow or, there will be consequences. They have been warned.
Based on news reports, the flow of immigrants and drugs appears to be significantly greater coming from the rest of the world through Mexico than Canada but, that doesn't mean there isn't a significant flow from or through Canada. We don't have sufficient Intel to really know that.
This may not be a "one way problem" but, I have no doubt any flow whatsoever is greater coming into the US than it is going out. This is not an attempt to point fingers at any country but, as RayB says, follow the money.
Rams
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Patrick
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NOV 28, 04:45 PM
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There was nothing about a phone call in your original link ("In a letter that she sent to Trump..."). And even in this new link that you've provided, I see nothing about the Mexican President being "frantic".
| quote | Originally posted by 82-T/A [At Work] Here:
...and the President of Mexico has frantically called Trump...
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Yeah, we'll see. 