Canada announces retaliatory measures on U.S. steel, aluminum tariffs

[Allan]

Carney isn't waiting around for dumbass to get his act together. These tariffs will throttle steel and aluminum imports while encouraging Canadian companies to use our own industry's product.

OTTAWA — Canada is taking steps to protect the steel and aluminum industries with new counter-tariffs and protectionist policies, Prime Minister Mark Carney said Thursday.

At a press conference, Carney pointed out that he and U.S. President Donald Trump have agreed to pursue a trade deal to end tariffs within the next 30 days.

"In parallel, we must reinforce our strength at home and safeguard Canadian workers and businesses from the unjust U.S. tariffs," he said.

Canada announces retaliatory measures on U.S. steel, aluminum tariffs

Prime Minister Mark Carney says Canada will impose new tariffs on U.S. steel and aluminum imports and implement reciprocal procurement rules to protect the industries in light of punishing 50 per cent U.S. tariffs

www.sootoday.com

 

[Mycroft]

Carney isn't waiting around for dumbass to get his act together. These tariffs will throttle steel and aluminum imports while encouraging Canadian companies to use our own industry's product.

Canada announces retaliatory measures on U.S. steel, aluminum tariffs

Prime Minister Mark Carney says Canada will impose new tariffs on U.S. steel and aluminum imports and implement reciprocal procurement rules to protect the industries in light of punishing 50 per cent U.S. tariffs

www.sootoday.com

shrug...

This won't help them when it comes time to talk next month.

 

[Helix]

 

[holbritter]

Carney isn't waiting around for dumbass to get his act together. These tariffs will throttle steel and aluminum imports while encouraging Canadian companies to use our own industry's product.

Canada announces retaliatory measures on U.S. steel, aluminum tariffs

Prime Minister Mark Carney says Canada will impose new tariffs on U.S. steel and aluminum imports and implement reciprocal procurement rules to protect the industries in light of punishing 50 per cent U.S. tariffs

www.sootoday.com

 

[bongsaway]

shrug...

This won't help them when it comes time to talk next month.

As the trump supporter you are, that almost sounds like a threat. You just wait until your father gets home....hilarious, as usual.

 

[bongsaway]

View attachment 67575699

He never stops with the endless/mindless posts.

 

[Allan]

shrug...

This won't help them when it comes time to talk next month.

It will. The best approach to dealing with bullies is to stand up to them.

Hopefully the reciprocal tariffs the world is levying on American exports will result in job losses for US workers. That will pressure dumbass into talking.

 

[ElChupacabra]

shrug...

This won't help them when it comes time to talk next month.

Sure it will, because retaliatory tariffs are supposed to work, right?

 

[BirdinHand]

It will. The best approach to dealing with bullies is to stand up to them.

Hopefully the reciprocal tariffs the world is levying on American exports will result in job losses for US workers. That will pressure dumbass into talking.

He doesn’t care about US workers.

He wouldn’t have started stupid tariff wars if he did.

 

[Mycroft]

It will. The best approach to dealing with bullies is to stand up to them.

Sure it will, because retaliatory tariffs are supposed to work, right?

LOL!! Right.

Ask China if they work.

Hopefully the reciprocal tariffs the world is levying on American exports will result in job losses for US workers. That will pressure dumbass into talking.

All they'll do is give US companies more incentive to cut loose from Canada's products and make them ourselves.

 

[Callen]

Carney has no choice but to stand up for Canadian workers who are being hammered by the unfair 50% aluminum and steel tariffs. The American Aluminum industry is hurting badly too. I think the pressure on these tariffs will be both internal and external. I think Carney has a couple of carrots up his sleeve when it comes to finalizing the trade talks over the next 30 days and one of them may be Trump's precious Golden Dome.

From Google an AI Overview

AI Overview


Alcoa's CEO, William Oplinger, has been vocal about the negative impact of US aluminum tariffs, particularly those imposed on Canadian imports. He argues that these tariffs, which include a 25% duty on aluminum products from Canada, are detrimental to both Alcoa and the broader US economy. He estimates the tariffs could cost the US economy $1.5 to $2 billion annually.

 

[ElChupacabra]

LOL!! Right.

Ask China if they work.

Who called who first and ended up with a deal where Americans face higher costs AND the continued sourcing of rare earth minerals will still come from China?

All they'll do is give US companies more incentive to cut loose from Canada's products and make them ourselves.

Sure.

 

[Mycroft]

Who called who first and ended up with a deal where Americans face higher costs AND the continued sourcing of rare earth minerals will still come from China?

China

 

[Allan]

All they'll do is give US companies more incentive to cut loose from Canada's products and make them ourselves

Got lots of new iron ore mining operations coming online do you? Where ya getting the bauxite from?

 

[Callen]

All they'll do is give US companies more incentive to cut loose from Canada's products and make them ourselves.

Really...read the quip from the CEO from Alcoa in post #11......ain't happening

 

[ElChupacabra]

China

 

[Callen]

All they'll do is give US companies more incentive to cut loose from Canada's products and make them ourselves.

Here is a more complete article on what the Alcoa CEO said. Notice the point about electricity.....you simply don't have the electricity in the quantities needed......but guess what? We do !

Alcoa CEO appeals to Trump administration to drop tariffs on Canadian aluminum imports

Canada is by far the biggest foreign supplier to the U.S., accounting for 2.9 million tonnes a year

www.theglobeandmail.com

 

[Allan]

Really...read the quip from the CEO from Alcoa in post #11......ain't happening

What Mycroft is arguing is that tariffs are effective when America imposes them but not when other countries do the same.

That's how he became a pretzel.

 

[Lethargic Aptitude]

It will. The best approach to dealing with bullies is to stand up to them.

Hopefully the reciprocal tariffs the world is levying on American exports will result in job losses for US workers. That will pressure dumbass into talking.

To think Trump would care about lost jobs is a bit naive at the point. Trumps point is to concentrate power, not bring jobs home. Trump has to establish his control before he could rework the economy to support the state. The tariffs serve the goal. He has to beat the population into submission first.

Authoritarianism demands obedience over everything else. The tariffs buy time to do that. It's much easier to combat people without the means to fight. And now that Trump can use the National Guard for his bidding, we are headed to a climax soon.

 

[Bok Tuklo]

All they'll do is give US companies more incentive to cut loose from Canada's products and make them ourselves.

And if these tariffs were part of a treaty ratified by Congress and somewhat predictable, and not the whims of a self-absorbed sundowning octogenarian, you may be right.

But no one is going to invest billions into capacity on the backs of tariffs that may not exist next week.

 

[Mycroft]

And if these tariffs were part of a treaty ratified by Congress and somewhat predictable, and not the whims of a self-absorbed sundowning octogenarian, you may be right.

But no one is going to invest billions into capacity on the backs of tariffs that may not exist next week.

These tariffs won't be part of any new trade agreement between the US and Canada.

 

[Bok Tuklo]

These tariffs won't be part of any new trade agreement between the US and Canada.

A trade agreement between the US and Canada already exists. Any stupid nonsense Trump comes up with will be worth the paper it is printed on. He could change his mind on the crapper two days later.

Assuming he doesn't just sign blank pages and tells everyone it's an agreement.

 

[Mycroft]

A trade agreement between the US and Canada already exists. Any stupid nonsense Trump comes up with will be worth the paper it is printed on. He could change his mind on the crapper two days later.

Assuming he doesn't just sign blank pages and tells everyone it's an agreement.

The USMCA is going to get tossed.

 

[Bok Tuklo]

The USMCA is going to get tossed.

You think Trump has 67 votes in the Senate to abrogate the USMCA?

 

[MAGAnificent]

LOL!! Right.

Ask China if they work.


All they'll do is give US companies more incentive to cut loose from Canada's products and make them ourselves.

Yes. It's cute that so soon after the US and the EU signed a preliminary trade deal, America's little brother "Canada" still wants to huff its chest and push a trade war with Trump.