Canada preparing for future trade negotiations with the U.S.? (1 Viewer)

[gbg3]

I dont think he rolled back the auto tariffs he imposed but I don't know for sure.

Ummm, did you read the OP link? With that, I'll borrow one of your snark favorites.....try and keep up.

"Automakers got a break, too: companies that manufacture in Canada, such as General Motors Co., are allowed to import some vehicles into Canada tariff-free."

 

[gbg3]

This kind of spew is why the whole world hates America.

The whole world doesn't. Canada just wishes that were so.

 

[multivita-man]

My take is that Carney will run rings around the Orange Goon.

Trump has no idea what he's doing, and no idea how to cut deals. (Hint: If you really want to cut a deal, you don't bully people, you don't change the terms every 5 minutes, and you have a clear-cut goal which you communicate to the other parties.)

All he cares about is getting attention. He'll twist any deal, no matter how bad it is, into a "win" for himself.

Trade deals also take literally years to draft and sign. The USMCA -- which was just a minor tweak to NAFTA -- took almost 2 years.

No matter what "deal" is struck, the trade deficit between the US and Canada will not shrink significantly, nor will tariff revenues be anywhere near what Dear Leader promises.

I think they're more concerned with their overall trade deficit w/ China more so than Canada and want Canada to basically side with the US in a protracted struggle against China and other perceived competitors. Canada will be less of a target if they are perceived as being cooperative.

 

[OlNate]

The whole world doesn't. Canada just wishes that were so.

Oh dear, denial. I'm sure in your mind threatening the entire world makes us all love you even more.

If this "logic" is representative of the maga mindset, I think we'll be just fine.

I take it all back, GBG3. You guys keep doing exactly what you're doing. All of it, for as long as possible.

 

[ElChupacabra]

Never supported them, first act was to remove them, don't think he rolled back the auto tariffs he imposed but I don't know for sure, and best of all, "It is no surprise he did this quickly and quietly".

I just love this funny and interesting combination of bits from just a couple comments so far.

And no one wants to talk about "caving", yet it's been such a favorite topic of the left and certainly from the Canadians on the left. "Cave" - NO, NO, NO, not Carney. I bet some of you sure wish he had gotten away with the "quiet" part.

You seem to be missing a key component here: Canada didn't initiate the tariffs, they responded to them. If that response hurts their economy more, then keeping them on doesn't make sense. Canada never rejected talks about trade to even warrant the action that was taken by the US president. I know you're eager to try and paint this as Canada backing away, but they didn't start the fight. Even if they did back down, they're doing so against someone who started a fight. It's a bit silly to compare the US and Canada in this light given the soft retreats the US has made in the tariff fiasco they started.

 

[ElChupacabra]

They got a little over their skis with their immediate dramatic victim and retaliatory stuff, didn't they? Other countries had the good sense to give it a minute.

If they got "little over their skis" in their retaliation, how far over the ski ramp did Trump project himself by the endless backtracking he's had to make with his initial tariffs?

"The Art of the Deal": 145% tariffs on EVERYTHING! Wait no, not on electronics and other tech stuff! Oh you want to talk? Ok, then 80% tariffs on everything sounds like a good number!

 

[OlNate]

You seem to be missing a key component here: Canada didn't initiate the tariffs, they responded to them. If that response hurts their economy more, then keeping them on doesn't make sense. Canada never rejected talks about trade to even warrant the action that was taken by the US president. I know you're eager to try and paint this as Canada backing away, but they didn't start the fight. Even if they did back down, they're doing so against someone who started a fight. It's a bit silly to compare the US and Canada in this light given the soft retreats the US has made in the tariff fiasco they started.

Soft retreats? Trump looked like he wanted to make out with Carney... lol He was such a doting host, my goodness!

My guess is that the adults have intervened, and are implementing walk back strategies that attempt to save face, primarily in response to Trump's abysmal polling numbers, as well as massive pressure from all sectors within America.

So the caves will be reframed as "wins", the maga dummies will gloat, and things will go almost back to where they were, minus the goodwill the US enjoyed around the world, of course.

These are the results we demanded, and our guy is delivering. Personally I'm far more interested and supportive of what he's doing outside of America than anything to do with you guys... sorry, love ya, but you're a liability until you get your politics sorted.

At the end of the day, we have a genius and you have Trump. I therefore have the luxury of extending my sympathies.

 

[ElChupacabra]

Soft retreats? Trump looked like he wanted to make out with Carney... lol He was such a doting host, my goodness!

My guess is that the adults have intervened, and are implementing walk back strategies that attempt to save face, primarily in response to Trump's abysmal polling numbers, as well as massive pressure from all sectors within America.

So the caves will be reframed as "wins", the maga dummies will gloat, and things will go almost back to where they were, minus the goodwill the US enjoyed around the world, of course.

These are the results we demanded, and our guy is delivering. Personally I'm far more interested and supportive of what he's doing outside of America than anything to do with you guys... sorry, love ya, but you're a liability until you get your politics sorted.

At the end of the day, we have a genius and you have Trump. I therefore have the luxury of extending my sympathies.

Yeah, you get to watch The Apprentice: White House Edition Season 2, and this time it will look more like that show since the administration is largely composed of TV has beens and never beens.

 

[Hamish Howl]

The whole world doesn't. Canada just wishes that were so.

Nope. The whole damn thing.

You think we're popular in Denmark right now? Or the rest of Europe? You think Xi or Putin loves us? Australia? Mexico? Who?

 

[Hamish Howl]

Oh dear, denial. I'm sure in your mind threatening the entire world makes us all love you even more.

If this "logic" is representative of the maga mindset, I think we'll be just fine.

I take it all back, GBG3. You guys keep doing exactly what you're doing. All of it, for as long as possible.

Arrogance is a form of stupidity.

 

[Callen]

You seem to be missing a key component here: Canada didn't initiate the tariffs, they responded to them. If that response hurts their economy more, then keeping them on doesn't make sense. Canada never rejected talks about trade to even warrant the action that was taken by the US president. I know you're eager to try and paint this as Canada backing away, but they didn't start the fight. Even if they did back down, they're doing so against someone who started a fight. It's a bit silly to compare the US and Canada in this light given the soft retreats the US has made in the tariff fiasco they started.

Canada, under Carney's leadership, is approaching this in a calm and focused manner that puts Canadian interests first while recognizing how important our trade relationship with the US is. It's going to work out to our mutual benefit in the long run.. We just need to move past the Trump effect...and we will l

 

[Callen]

The whole world doesn't. Canada just wishes that were so.

You are right......Saudi Arabia, Qatar, Syria, North Korea, are in love with him......

 

[holbritter]

What is your take on this news out today?

Is this smart preparation to increase the potential and likelihood for successful future trade negotiations (my take) - or "caving" (like Canadians LOVE to claim about Trump)?

"(Bloomberg) -- Canada has effectively suspended almost all of its retaliatory tariffs on US products, tamping down inflation risks and improving its growth outlook, according to Oxford Economics. "

MSN

What our president should be doing. That's my take.

 

[holbritter]

The whole world doesn't. Canada just wishes that were so.

 

[Callen]

What is your take on this news out today?

It just dawned on me that you may think this is a recent move related to planned talks . As I said in post #2 Carney announced his plan a while back. He moved quickly after winning the leadership and being sworn in the first time to minimize the impact of the retaliatory tariffs on Canada's economy. The temporary removal of the tarries as described in the article happened in mid April before any talks were planned and long before meeting with Trump. This article is simply summarizing the events and the impacts.

From your link....

"The government imposed new import taxes of 25% on about C$60 billion ($43 billion) of US-made goods in March in response to the first round of tariffs from the Trump administration. Canada also retaliated against US auto tariffs in early April by putting its own levies on US vehicles.
But Prime Minister Mark Carney’s government then announced a six-month tariff exemption for products used in Canadian manufacturing, processing and food and beverage packaging, and for items related to health care, public safety and national security. Automakers got a break, too: companies that manufacture in Canada, such as General Motors Co., are allowed to import some vehicles into Canada tariff-free.

From my link.....

“We continue to stand by Canada’s workers and businesses,” Champagne said in a news release. “Today, we’re giving Canadian companies and entities more time to adjust their supply chains and become less dependent on U.S. suppliers. This will help make our economy stronger and more resilient.”
A news release said Ottawa intends to provide a temporary six-month tariff holiday for goods imported from the U.S. that are used in Canadian manufacturing, processing and food and beverage packaging. The temporary exemption also will apply to goods used to support public health, health care, public safety and national security objectives."

Automakers that keep manufacturing in Canada will get a tariff exemption

Manufacturers will be allowed to import a certain number of U.S.-assembled, CUSMA-compliant vehicles free of retaliatory tariffs.

canadianunderwriter.ca

 

[gbg3]

It just dawned on me that you may think this is a recent move related to planned talks . As I said in post #2 Carney announced his plan a while back. He moved quickly after winning the leadership and being sworn in the first time to minimize the impact of the retaliatory tariffs on Canada's economy. The temporary removal of the tarries as described in the article happened in mid April before any talks were planned and long before meeting with Trump. This article is simply summarizing the events and the impacts.

From your link....

"The government imposed new import taxes of 25% on about C$60 billion ($43 billion) of US-made goods in March in response to the first round of tariffs from the Trump administration. Canada also retaliated against US auto tariffs in early April by putting its own levies on US vehicles.
But Prime Minister Mark Carney’s government then announced a six-month tariff exemption for products used in Canadian manufacturing, processing and food and beverage packaging, and for items related to health care, public safety and national security. Automakers got a break, too: companies that manufacture in Canada, such as General Motors Co., are allowed to import some vehicles into Canada tariff-free.

From my link.....

“We continue to stand by Canada’s workers and businesses,” Champagne said in a news release. “Today, we’re giving Canadian companies and entities more time to adjust their supply chains and become less dependent on U.S. suppliers. This will help make our economy stronger and more resilient.”
A news release said Ottawa intends to provide a temporary six-month tariff holiday for goods imported from the U.S. that are used in Canadian manufacturing, processing and food and beverage packaging. The temporary exemption also will apply to goods used to support public health, health care, public safety and national security objectives."

Automakers that keep manufacturing in Canada will get a tariff exemption

Manufacturers will be allowed to import a certain number of U.S.-assembled, CUSMA-compliant vehicles free of retaliatory tariffs.

canadianunderwriter.ca

I read the link I posted the thread about. I know what it said about March (before Carney) and April (after Carney).

You are one who simply loves to talk about "caving" in reference to Trump - maybe the most of any poster on the forum. Nearly every time Trump makes any adjustment downward (which he was extremely clear from the beginning, would be the direction he would go over time and in conjunction with negotiations), you jump in within seconds with snark about Trump "caving".

I understand Carney is (AND SHOULD BE) focused on Canada's economy. So is Trump and it seems to be going just fine. I'm not sure how Canada's economy is but I think there might be some serious challenges Carney is up against. Note how nearly every economist has suddenly dropped the U.S. recession talk, which was quite the narrative recently. I think Carney should be making tariff adjustments as he sees advantageous to Canada - but not a peep out of you about "caving" on even his own auto tariffs.

We'll see how any trade negotiations go between the two countries and if there is even any trade to speak of before we get to that point. But if they do, a willingness to make adjustments (from either or both sides) certainly sets the table to open more potential to a positive outcome.

As much as I hear you and other Canadians flippantly and very frequently tossing out the "caving" comments about Trump and the U.S., I wondered if even one of you would be man enough to do that about your own country. None were.

 

[Callen]

I read the link I posted the thread about. I know what it said about March (before Carney) and April (after Carney).

You are one who simply loves to talk about "caving" in reference to Trump - maybe the most of any poster on the forum. Nearly every time Trump makes any adjustment downward (which he was extremely clear from the beginning, would be the direction he would go over time and in conjunction with negotiations), you jump in within seconds with snark about Trump "caving".

I understand Carney is (AND SHOULD BE) focused on Canada's economy. So is Trump and it seems to be going just fine. I'm not sure how Canada's economy is but I think there might be some serious challenges Carney is up against. Note how nearly every economist has suddenly dropped the U.S. recession talk, which was quite the narrative recently. I think Carney should be making tariff adjustments as he sees advantageous to Canada - but not a peep out of you about "caving" on even his own auto tariffs.

We'll see how any trade negotiations go between the two countries and if there is even any trade to speak of before we get to that point. But if they do, a willingness to make adjustments (from either or both sides) certainly sets the table to open more potential to a positive outcome.

As much as I hear you and other Canadians flippantly and very frequently tossing out the "caving" comments about Trump and the U.S., I wondered if even one of you would be man enough to do that about your own country. None were.

Reversing some one else's tariffs because they are not in the best interests of the country is not caving. The carve out for auto companies who keep production in Canada isn't caving. Caving is when you reverse a decision based on external pressure from a trade partner, market reaction, voter reaction or some other pressure that forces a reversal. Carney was under no pressure internally or externally to put this temporary pause in place. He did it based on his assessment of what was best for the nation’s economy.

 

[gbg3]

Reversing some one else's tariffs because they are not in the best interests of the country is not caving. The carve out for auto companies who keep production in Canada isn't caving. Caving is when you reverse a decision based on external pressure from a trade partner, market reaction, voter reaction or some other pressure that forces a reversal. Carney was under no pressure internally or externally to put this temporary pause in place. He did it based on his assessment of what was best for the nation’s economy.

Your spin and certainly not unusual or a surprise from you.

I would also guess you might see Trump's last week or two as a disaster rather than what many others are seeing as what very well might be a potentially extraordinary series of successes.

 

[ElChupacabra]

I read the link I posted the thread about. I know what it said about March (before Carney) and April (after Carney).

You are one who simply loves to talk about "caving" in reference to Trump - maybe the most of any poster on the forum. Nearly every time Trump makes any adjustment downward (which he was extremely clear from the beginning, would be the direction he would go over time and in conjunction with negotiations), you jump in within seconds with snark about Trump "caving".

I understand Carney is (AND SHOULD BE) focused on Canada's economy. So is Trump and it seems to be going just fine. I'm not sure how Canada's economy is but I think there might be some serious challenges Carney is up against. Note how nearly every economist has suddenly dropped the U.S. recession talk, which was quite the narrative recently. I think Carney should be making tariff adjustments as he sees advantageous to Canada - but not a peep out of you about "caving" on even his own auto tariffs.

We'll see how any trade negotiations go between the two countries and if there is even any trade to speak of before we get to that point. But if they do, a willingness to make adjustments (from either or both sides) certainly sets the table to open more potential to a positive outcome.

As much as I hear you and other Canadians flippantly and very frequently tossing out the "caving" comments about Trump and the U.S., I wondered if even one of you would be man enough to do that about your own country. None were.

The main failure in your comment is not acknowledging that Canada or any of the other nations that applied retaliatory tariffs are in a different position than the nation which applied the tariffs. No other country on the planet led with a tariff approach first as a way of initiating trade discussions, while the one that did will be perceived as the one caving if that strategy changes due to financial pressures, which is exactly what happened to the US.

 

[ElChupacabra]

Your spin and certainly not unusual or a surprise from you.

I would also guess you might see Trump's last week or two as a disaster rather than what many others are seeing as what very well might be a potentially extraordinary series of successes.

Can you discuss what those successes are?

 

[Callen]

I would also guess you might see Trump's last week or two as a disaster rather than what many others are seeing as what very well might be a potentially extraordinary series of successes.

Again you would be wrong. If the deals materialize I would say it was successful economically but as usual his public commens are juvenile and unprofessional.

Your spin and certainly not unusual or a surprise from you.

Not spin. Caving by definition is giving in to pressure. Carney did this in the best interests of the economy not based on any external or internal pressure. Your little attempt at playing "gotcha" is a fail.

 

[Grogu]

Your spin and certainly not unusual or a surprise from you.

I would also guess you might see Trump's last week or two as a disaster rather than what many others are seeing as what very well might be a potentially extraordinary series of successes.

Holy smoke! Talk about spin.

“…potentially extraordinary series of successes?” LOL. I’ve yet to see anything this clown and his band of ass-kissers has done to be deemed a success. FFS.

 

[OlNate]

Your spin and certainly not unusual or a surprise from you.

I would also guess you might see Trump's last week or two as a disaster rather than what many others are seeing as what very well might be a potentially extraordinary series of successes.

I love that you hang out in the Canada forum. We Canadians do enjoy humour.

 

[Brusan]

I love that you hang out in the Canada forum. We Canadians do enjoy humour.

I LOVE That his/her most vociferous and exacting critics are his/her own fellow Americans.

 

[OlNate]

I LOVE That his/her most vociferous and exacting critics are his/her own fellow Americans.

No one ever said there aren't any smart Americans...certainly not me, anyway. There simply wasn't enough to save them from this timeline.