Trump announces 35% tariffs on Canada starting Aug. 1

[CdnFox]

41 minutes ago, paxamericana said:

Actually this was done to pivot away from China, out of necessity. We want a near shore supply chain if we can’t do it ourselves. Especially for critical industries like steel and aluminum. These tariffs are also helping Canadian industries as it keep to low cost chinesium out of the North American market. You all should be thanking president Trump for his generosity. But we both know you got your reasons. It’s not America, it’s Canada. Why else are you all be so animated by a few tariff barriers. 

That's absolute nonsense. You had tariffs on Chinese steel for ages. And America doesn't make anywhere near enough aluminum and is not going to make near enough aluminum, but you had a consistent and cheap supply coming from Canada and now you're screwing that up.

Same with copper, America doesn't produce enough copper and isn't going to. But we were willing to sell you copper dust for your smelters so you got all the benefits of manufacturing it yourself while we provided the raw materials at discount price and now you've tariffed that!

And even better all those chip manufacturers that you were thinking of trying to entice back to America are now going to pay that tariff on all of their copper. So it's just became less affordable to make chips in America, which is one of the things you actually really did need from a supply point of view

None of this makes sense economically. Which suggests strongly what he's doing is trying to use tariffs as a tax to raise money for his tax breaks to try and get the deficit to be less horrific but that will be an anchor on business investment.

Work it through yourself man, if you want to bring chip manufacturing back you don't put a 50% tariff on the copper dust you were getting practically for free. If you want to sell more cars you don't give up your biggest Foreign market and open the door for the Chinese. If you want your markets to invest you don't introduce instability, you give them something rock solid that they can count on so that they can spend their billions of dollars adjusting knowing that things won't change

 

The first quarter of 2025 saw a significant reduction in GDP. They are currently forecasting about 1.5% increase This quarter although that's not guaranteed. They're forecasting about a net total of 1 to 1.5 this year

That is horrible. GDP should be growing between 2.5 and 3%. If the predictions are true it will mean that America fell far behind where it should have been as far as growth goes. And concerns are already being raised about inflation rearing its ugly head again as it's expected to be higher than originally forecast.

Things can turn around but right now it's not looking great. It's not a disaster but it is entering a time of stagflation and extremely sluggish growth. At the same time the US is still seeing absolutely legendary amounts of borrowing

 

[Aristides]

 

paxamericana

This guy likes graphs so here's some.

•  

https://angusreid.org/canada-united-states-trade-carney-trump-tariff-supply-management/

Quote

• More than four-in-five Canadians (84%) say they are not confident that Trump will negotiate in good faith. One-in-10 (11%) say he will, primarily comprised of past Conservative voters (20% say this).

 

 

Edited July 16, 2025 by Aristides

[paxamericana]

Just now, CdnFox said:

but you had a consistent and cheap supply coming from Canada and now you're screwing that up.

Orange man wants his trade barrier, mainly targeting Chinesium. The goal of tariff is to help the local manufacturing build out. I don't know how many ways to explain this to obstinate Canadians who think it's personal thinking that Trump actually is out to get Canada. You pay some of the least tariff compared to the rest of G7 

Just now, Aristides said:

This guy likes graphs so here's some.

I'll respond to the fan mail tomorrow. Try to enjoy your orange koolaid for dinner this time. 

14 minutes ago, LinkSoul60 said:

Said it earlier but if you're going to troll, at least try to do it well....  

You'll have to wait in line, my fan club is full at the moment. 

[Aristides]

14 minutes ago, paxamericana said:

Orange man wants his trade barrier, mainly targeting Chinesium. The goal of tariff is to help the local manufacturing build out. I don't know how many ways to explain this to obstinate Canadians who think it's personal thinking that Trump actually is out to get Canada. You pay some of the least tariff compared to the rest of G7 

I'll respond to the fan mail tomorrow. Try to enjoy your orange koolaid for dinner this time. 

You'll have to wait in line, my fan club is full at the moment. 

You Americans constantly underestimate others, that's why you keep ending up in wars you can't win.

[CdnFox]

Just now, paxamericana said:

Orange man wants his trade barrier, mainly targeting Chinesium.

Orange man wants his tax revenue mainly targeting Americans.

Quote

 The goal of tariff is to help the local manufacturing build out

Your mother would have to have drunk at least a 40 pound or a day while pregnant with you for you to be stupid enough to be able to believe that in light of the facts.

His strategy does not lead to that end. If that was his end it would make no sense. And unlike others I'm not in the camp that says trump is completely stupid. So that tells me that he has other intentions

Quote

I don't know how many ways to explain this to obstinate Canadians

I'm sure you're frustrated that repeating a lie doesn't make it true but here we are

Quote

You'll have to wait in line, my fan club is full at the moment. 

 

Take your time. It'll take at least that long for people to stop laughing after reading your comments   

[herbie]

Manufacturing is a tiny piece and least profitable part of the market, that's WHY it's been abandoned and outsourced over the last 50 years. It's almost as The Blob's bawling and snivelling over Canada's dairy policies. A fart in a windstorm to the US economy.

And manufacturing itself has changed dramatically in that time. The USA neither has the workers, the managers, the engineers nor the supply chain to make it worth clawing back.

SERVICES are the mainstay of the economy. Not making things. Let the Indians refine pig iron and machine drive shafts in the living room. Bring them in, mark it up, and sell the "extended warranty".

Why do you think I dumped my retail store? Why order parts, train and pay staff, lose sleep over stock, ordering and pricing? I don't build the computers anymore, I just fix them. ZERO cost to me, 100% profit because YOU don't know how to do it or don't want to do it but you need it. Do you think your local auto mechanic makes the bulk of his money selling the parts?

Wake up!

Edited July 16, 2025 by herbie

[eyeball]

16 minutes ago, paxamericana said:

The goal of tariff is to help the local manufacturing build out. I don't know how many ways to explain this to obstinate Canadians who think it's personal thinking that Trump actually is out to get Canada.

We get what you're trying to sell, everyone is simply trying to tell you it's wishful thinking.  And everyone can see full well Trump thinks the world is out to get him and the US...we're being treated terribly, its horrible what they're doing to us...is pretty much how Trump whines about it on a daily basis.

[CdnFox]

Just now, herbie said:

Manufacturing is a tiny piece and least profitable part of the market, that's WHY it's been abandoned and outsourced over the last 50 years. It's almost as The Blob's bawling and snivelling over Canada's dairy policies. A fart in a windstorm to the US economy.

And manufacturing itself has changed dramatically in that time. The USA neither has the workers, the managers, the engineers nor the supply chain to make it worth clawing back.

SERVICES are the mainstay of the economy. Not making things. Let the Indians refine pig iron and machine drive shafts in the living room. Bring them in, mark it up, and sell the "extended warranty".

Why do you think I dumped my retail store? Why order parts, train and pay staff, lose sleep over stock, ordering and pricing? I don't build the computers anymore, I just fix them. ZERO cost to me, 100% profit because YOU don't know how to do it or don't want to do it but you need it. Do you think your local auto mechanic makes the bulk of his money selling the parts?

Wake up!

Rare case where I would agree with you. 

Trying to keep jobs that just aren't worth the pay doesn't make sense

 

[paxamericana]

19 minutes ago, herbie said:

Manufacturing is a tiny piece and least profitable part of the market, that's WHY it's been abandoned and outsourced over the last 50 years.

What you're saying was true if global supply chain are accessible and not subject to geopolitical weaponization. We don't live in that world. Covid proved what would happen when it broke down. Immediate shortages of hostpital supplies amongst other critical material for modern life. We had to ration, the wealthiest country on earth, had to ration supplies, un heard of since the great war. How do you think other countries fared? There are benefits to globalization sure, but its cost is dependency. Now you see why Trump is doing what he has to do. 

I bequeath all the Canucks here to realize this truth. Americans would rather overpay then to not even have the ability to do so. It won't matter who is in office. All Americans are no longer willing to put at risk their own security for cheap goods.  We remember waiting on the ambulance to take our parents to the ER just to be told there are not enough respirators, we remembered not being able to buy N95 mask because they were made in China. Oh we remembered. And we never forgot.

Edited July 16, 2025 by paxamericana

[CdnFox]

Just now, paxamericana said:

What you're saying was true if global supply chain are accessible and not subject to geopolitical weaponization. We don't live in that world. Covid proved what would happen when it broke down. Immediate shortages of hostpital supplies amongst other critical material for modern life. We had to ration, the wealthiest country on earth, had to ration supplies, un heard of since the great war. How do you think other countries fared? There are benefits to globalization sure, but its cost is dependency. Now you see why Trump is doing what he has to do. 

I thought you were going to bed?  

We survived covet just fine. There are a handful of things that America couldn't replace for itself but those aren't what they're looking at bringing back to America.

As I mentioned one of the Prime examples from covid was computer chips. But as tariffs on copper and similar tariffs are actually going to make it harder for that industry to do well in America.

His actions simply do not match your explanation

[Aristides]

Will people want to work in these factories? It is assumed they will be high paying jobs but I don't know why they would be unless they require extensive training and experience. Unskilled illegals will be able to fill assembly line jobs just as, if not easier than farm labour. 

[paxamericana]

9 minutes ago, Aristides said:

Will people want to work in these factories? It is assumed they will be high paying jobs but I don't know why they would be unless they require extensive training and experience. Unskilled illegals will be able to fill assembly line jobs just as, if not easier than farm labour. 

Biden tried to alleviate the labor shortages by allowing open borders but predictably it caused a backlash, hence Trump again. 

[herbie]

Well forther to my last post how likely is it a company would spend all that time and money to bring manufacturing back and still settle for only $2 profit? You'd end up paying at least $19 for that $10 lump of copper, almost twice as much.

That ain't fighting inflation that's for sure.

[paxamericana]

36 minutes ago, herbie said:

That ain't fighting inflation that's for sure.

It’s an unavoidable problem , it can only be managed but not stopped. We’ve doubled our industrial spending trying to build out those manufacturing supply chain. All while borrowing costs are higher due to lower capital supply from Boomers liquidating their investments portfolio, feds jacking up interest rates, low labor supply. But it will get done. We’re Americans, we are some of the few countries able to do so. Places like Canada cannot. You simply lack, to be frank, everything that it would take to do a reindustrial build out.

That’s why I implore you all to join the American friends and family plan. Invest in America and keep your spot in the sun. For everywhere else, darkness is coming, we’ll see unimaginable chaos as everyone tries to clamor to the dying light. War, famine and pestilence will be what awaits them.
 

Edited July 16, 2025 by paxamericana

[CdnFox]

Just now, paxamericana said:

It’s an unavoidable problem , it can only be managed but not stopped.

That's just not true. You can say that to make yourself feel better but it's not an accurate statement

Just now, paxamericana said:

All while borrowing costs are higher due to lower capital supply from Boomers liquidating their investments portfolio,

Also not really accurate. Borrowing costs are high to fight inflation. Inflation is high because Biden spends insane amounts of money that he shouldn't have and whenever you have government spending like that you get inflation

Just now, paxamericana said:

That’s why I implore you all to join the American friends and family plan.

Nope. Will join Europe first

[paxamericana]

7 hours ago, CdnFox said:

Nope. Will join Europe first

You won’t be able to, they’re going to have a Greek style financial collapse soon and that’s not considering that the Russians will be coming for them. There’s no where to go but right here in America’s lap.

[paxamericana]

7 hours ago, CdnFox said:

Biden spends insane amounts of money

Yes and so will Trump. Government spending is at an all time high. The boomers are retired. They’re living on pension which makes up 2/3 of the federal budget and is increasing . These are all inflationary pressures. As mentioned before, inflation can only be managed but it can’t be stopped. Inflation can be managed if the population growth rate are equal. This mean at a 2% inflation we would try to increase the population through natural growth and immigration at a 2% year on year. 
 

Well I should mention you can stop inflation with a recession which is why the primary tool that the feds use is interest rates. This act as a dial to speed up or slow down economic activity. But this assume your government is not insane and try to induce a recession.

Edited July 16, 2025 by paxamericana

[LinkSoul60]

1 hour ago, paxamericana said:

Yes and so will Trump. Government spending is at an all time high. The boomers are retired. They’re living on pension which makes up 2/3 of the federal budget and is increasing . These are all inflationary pressures. As mentioned before, inflation can only be managed but it can’t be stopped. Inflation can be managed if the population growth rate are equal. This mean at a 2% inflation we would try to increase the population through natural growth and immigration at a 2% year on year. 
 

Well I should mention you can stop inflation with a recession which is why the primary tool that the feds use is interest rates. This act as a dial to speed up or slow down economic activity. But this assume your government is not insane and try to induce a recession.

Absolutely ridiculous....even for you.  Pensions account for 66% of the federal budget - f*ck is that a stupid comment!  Maybe try around 19%.   Inflation and population growth...WTF are you talking about?  They are not connected whatsoever.

Your trolling has lost any and all credibility.  This is like talking to the grade 9 student who went to his first economics class and now thinks he's solved the national debt.  Back to trolling school 101 for you 👉

[paxamericana]

5 minutes ago, LinkSoul60 said:

Absolutely ridiculous....even for you.  Pensions account for 66% of the federal budget - f*ck is that a stupid comment!  Maybe try around 19%.   Inflation and population growth...WTF are you talking about?  They are not connected whatsoever.

 

This is an odd hill to die on but okay. The pension include their medicare , social security. In america , the word pension is a private sector retirement fund and not part of the public pool. The global term is pension for everyone else. 

Look if you're going to come at the king you better come correct.

[LinkSoul60]

1 minute ago, paxamericana said:

This is an odd hill to die on but okay. The pension include their medicare , social security. In america , the word pension is a private sector retirement fund and not part of the public pool. The global term is pension for everyone else. 

Look if you're going to come at the king you better come correct.

You've died and are buried for all intents and purposes.  That's the US (2019 to boot), which has what to do with Canada?  

[LinkSoul60]

8 minutes ago, LinkSoul60 said:

the word pension is a private sector retirement fund and not part of the public pool

Your foolishness is becoming comical....  Congrats on figuring out that private sector defined retirement benefits are not part of government pensions.  Well done 👍

12 minutes ago, LinkSoul60 said:

global term is pension for everyone else. 

What is a global pension?  Sounds interesting....I never paid into any global pension fund but am I still entitled to this...whatever it is?

[eyeball]

12 hours ago, Aristides said:

Will people want to work in these factories? It is assumed they will be high paying jobs but I don't know why they would be unless they require extensive training and experience. Unskilled illegals will be able to fill assembly line jobs just as, if not easier than farm labour. 

I think they imagine these positions will be filled with welfare queens and such that are otherwise seducing the canine on the public's dime.

[paxamericana]

7 minutes ago, LinkSoul60 said:

What is a global pension?  Sounds interesting....I never paid into any global pension fund but am I still entitled to this...whatever it is?

The other "blokes" calls it pension because that is a government funded program. I simply used your definition to help explain what the US federal budget looks like under Trump 2019 and what he is inclined to do going forward into his 2nd term.

I realize you may need more help with these minor details more so than the average Canadian but as an American I feel compelled to assist the less abled. 

Edited July 16, 2025 by paxamericana

[CdnFox]

3 hours ago, paxamericana said:

 There’s no where to go but right here in America’s lap.

You're starting to make this a little weird..... I think you need to calm down a bit. If you're getting to the point where you're imagining me sitting on your lap then it's time for us to remind you that this is a safe space and if there's something you want to say we're not here to judge you. I mean we probably will, but that's not why we're here

[paxamericana]

52 minutes ago, eyeball said:

I think they imagine these positions will be filled with welfare queens and such that are otherwise seducing the canine on the public's dime.

Automation is the main goal. We actually need more high skill labour than low skill for this enterprise. The average pay for AI PhD now stands at 300k fresh out of school.