Aristides

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 Plus the tariffs on US built autos and parts except those made in Mexico and others announced since March 4th.

So now a Canadian flag is a LPOC symbol. 🙃

The assets of all those people having to sell them off. People with money to spend can benefit greatly at the expense of those who are forced to sell. I'm not buying or selling any stocks until I see conditions that might result it them going up. I think we are a long way from that if Trump stays on the same course. I'd rather miss the bottom on the way up than the way down.

Rideau Centre was shut down for weeks. If you owned one of the 175 business located there or one of the laid off employees or had to listen to constant horn honking for days on end, had to wade through these people to get to your home or business every day you might have a different perspective. The Ottawa police department put policing costs at $800,000 per day, paid for by local tax payers. If no charges were laid, what is to stop any other group from doing the same thing. How would you feel if your place was taken over by BLM or Palestine protestors and shut down your business or cost you your job for several weeks.?

Yes they are a cost of doing business and affect prices accordingly. Shipping cost are also a cost of doing business. Are you trying to say the economies of those port cities don't benefit from all the goods that are shipped through them? Port and rail infrastructure is paid for by the companies that use them, not taxpayers. They are not hospitals or schools.

The verdict probably reflects what happened. They did in fact commit mischief that disrupted the lives of Ottawa citizens and cost local businesses millions. The cost of the trial was expensive but nowhere near what it cost the local economy.

Tariffs and price controls are very socialist. Of course costs have a role in prices. The price of gas goes up and down with the price of oil. You aren't going to sell at less than your cost to produce. Parts manufacturers are saying these tariffs will shut down auto production because profit margins for both parts and vehicle manufactures are less than 25%. One result in Canada will be that you will be able to buy a luxury Japanese or European car for the same price as a Chev. How can that be good for GM.

The tariffs are based on trade imbalances, they have even been applied where there were no tariffs.

Now you are sounding like a socialist.

Some are but but the really wealthy will be snapping up distressed businesses and properties at bargain basement prices.

No they aren’t they are based on trade imbalance, not tariffs. Anywhere Trump sees a trade imbalance he has applied tariffs even when there have been no tariffs against US products, even against penguins. There is a big recession coming and a result of recessions is the rich always get richer and everyone else gets poorer.

Oh wow yourself. Unless you can force other countries to raise their production costs to the same level as the US, your manufacturing will never be competitive without tariffs and will always have to be protected. That should be obvious even to you.

Of course they will rise in cost to the consumer, how else will he finance his tax cuts. Drive up domestic production at increased costs for American consumers for goods that no one else will buy because they are too expensive. The US will continue to fall behind the rest of the world because protected industries have no incentive to spend money on staying competitive.

One thing is now obvious, Trump is worse than Covid for the world's economies.

The rest of the world isn't going to pay $3500 for a Yankee made iPhone or even $2K for a foreign made iPhone, they will switch to Android phones made with non US components that cost half as much.

The markets losing ten percent of their value in two days with no end in sight is now projection. You really are in la la land.

How Trump manufactured his fake tariffs. This is what happens when you put ignorant dishonest people in powerful positions.

The fact is the tariffs had to be dropped after less than a year because the US imports 90% of its aluminum and it was driving up the prices and crushing the industries that use it.