CAN-USA Tariff Strife (split from various pol threads)

[Haggis]

1000% - and I'm not hearing details from either Team Blue or Team Red about this, outside of both sides saying some sort of help of some kind will be needed to deal with the impacts.

If you think we have a crushing deficit now, just wait until the next government has to roll out CERB 2025/26 to deal with the economic impact of these tariffs. Because it worked so well the last time.

 

[Kirkhill]

1000% - and I'm not hearing details from either Team Blue or Team Red about this, outside of both sides saying some sort of help of some kind will be needed to deal with the impacts.

I think we might get some Team Blue clues from these:

Poilievre Calls For Expansion Of Canadian Energy Infrastructure To Be Free Of U.S. Tariffs On Energy

Canadian energy — including building LNG plants, pipelines, refineries, upgraders and other infrastructure — was front and centre on Thursday as Conservative Party Leader Pierre Poilievre held his first press conference since the resignation of Liberal Prime Minister Justin Trudeau earlier in...

www.dobenergy.com

Canada is ‘selling oil and gas at a massive price discount,’ Poilievre says | Watch News Videos Online

Watch Canada is ‘selling oil and gas at a massive price discount,’ Poilievre says Video Online, on GlobalNews.ca

globalnews.ca

BNN Bloomberg - Canada Business News, TSX Today, Oil and Energy Prices

Get the latest Canadian business news, including TSX updates, changes to oil and energy prices, and Bank of Canada coverage. Explore stock market investing and get expert financial insights on investment portfolio strategies.

www.bnnbloomberg.ca

Pierre Poilievre will push LNG, SMRs and continued oil production

Conservative Leader Pierre Poilievre took some time to speak about energy during his keynote speech to the Conservative national policy convention in Quebec City on Sept. 8.In those comments, he spoke about natural liquefaction extensively, as well as small modular reactors, hydroelectricity...

pipelineonline.ca

https://www.cbc.ca/news/politics/canada-europe-lng-exports-poilievre-1.6770852

My take is that he wants to unlock the resources and get them to tide water to sell to the international market, keeping in mind that we already have one really good customer.

 

[dimsum]

https://twitter.com/x/status/1878816522325696642

another failed mission to the orange man

Did I call it or did I call it?

It wasn’t a negotiation tactic - he was going to do it all along.

 

[KevinB]

Did I call it or did I call it?

It wasn’t a negotiation tactic - he was going to do it all along.

It is a negotiation tactic. Canada’s issue is solely that doesn’t understand what is being discussed at the adult table.

No shit they are coming, that is part of Trumpian negotiating. They are a death sentence to both parties, we are just so much larger that the poison kills you before us.

So Canada can course correct, or crumble.

 

[dimsum]

It is a negotiation tactic. Canada’s issue is solely that doesn’t understand what is being discussed at the adult table.

No shit they are coming, that is part of Trumpian negotiating. They are a death sentence to both parties, we are just so much larger that the poison kills you before us.

So Canada can course correct, or crumble.

Part of me really wants to say “F it” and let both crumble. Throw some nukes in for kicks.

But apparently I’m not supposed to say that in public.

 

[Halifax Tar]

Did I call it or did I call it?

It wasn’t a negotiation tactic - he was going to do it all along.

She did what any good Premier should do, she represented her people and their economic interests.

I don't fault her, she represents a province that actually has something to offer and wants the best for her people.

Maybe if we had national leader stirring us through this in a team Canada effort I could link with your position, but our governments selfish and self destructive ways have put us here. So good on Danielle Smith for representing her people and their situation.

 

[Remius]

She did what any good Premier should do, she represented her people and their economic interests.

Right and it got her nothing. When others go it’s to bend the knee, when she goes it’s all about representing…

I don't fault her, she represents a province that actually has something to offer and wants the best for her people.

The problem is throwing wrenches by handicapping the whole team.

Maybe if we had national leader stirring us through this in a team Canada effort I could link with your position, but our governments selfish and self destructive ways have put us here.

I don’t think it matters who is in charge. Trump is going to Trump. Again, he’s playing a bigger game. I mentioned it above. It has nothing to do with our border or our NATO spending (those are just the excuses he’s using).

So good on Danielle Smith for representing her people and their situation.

Looks like all it did is weaken our and her position.

 

[Halifax Tar]

Right and it got her nothing. When others go it’s to bend the knee, when she goes it’s all about representing…

Neither you or I know what came out of that.

The problem is throwing wrenches by handicapping the whole team.

The same team the takes AB wealth and then throws wrenches into their plans ?

I don’t think it matters who is in charge. Trump is going to Trump. Again, he’s playing a bigger game. I mentioned it above. It has nothing to do with our border or our NATO spending (those are just the excuses he’s using).

I guess we will have to wait and see.

Looks like all it did is weaken our and her position.

I don't think you or I know what it did. Who knows.

 

[Remius]

Neither you or I know what came out of that.

That wasn’t what I was saying. I point to the hypocrisy of one side going “bad” other side going “good”

The same team the takes AB wealth and then throws wrenches into their plans ?

This is Canada. Some people here have forgotten they are part of that.

I guess we will have to wait and see.

We will. The 20th is around the corner. I will be more than happy to be proven wrong. But again. Panama, Greenland and Canada. Three important parts of his plan. Those are the end game. Not our border and not our defence spending.

I don't think you or I know what it did. Who knows.

She telegraphed to Trump that if Canada tries to use energy (specifically oil) as a counter she’ll cause trouble here. Exactly what he wants. It was very publicly stated.

 

[suffolkowner]

Neither you or I know what came out of that.



The same team the takes AB wealth and then throws wrenches into their plans ?



I guess we will have to wait and see.



I don't think you or I know what it did. Who knows.

well we have her word and his

 

[Halifax Tar]

That wasn’t what I was saying. I point to the hypocrisy of one side going “bad” other side going “good”

Angle of view, eh ?

This is Canada. Some people here have forgotten they are part of that.

I would argue this is forgotten Canadians now standing up with a voice.

We will. The 20th is around the corner. I will be more than happy to be proven wrong. But again. Panama, Greenland and Canada. Three important parts of his plan. Those are the end game. Not our border and not our defence spending.

She telegraphed to Trump that if Canada tries to use energy (specifically oil) as a counter she’ll cause trouble here. Exactly what he wants. It was very publicly stated.

And if she does, I can't blame her.

 

[dimsum]

Angle of view, eh ?



I would argue this is forgotten Canadians now standing up with a voice.







And if she does, I can't blame her.

Given that most likely the CPC, which seems to represent the west more, will win the next election, which has to happen before end-October, AB striking out on its own is an…interesting choice.

If there was a shadow of a doubt that the CPC would win, maybe there is some reason for those opposed to the Federal Government to do that. It’s not a great justification, but it is one.

However, the party that purports to have the support of the AB “forgotten Canadians” is going strong. So why she didn’t just hold back until the CPC had their unified message is beyond me. Is she trying to angle AB as 51 and Canada as 52?

 

[dimsum]

I think Smith is putting her people and their prosperousness first. And I can appreciate and respect that.

She can't sit around and wait for the Federal election to come and go. She's full on AB first and I can appreciate and respect that too.

Sure, except that the “provinces vs federal govt” split is more US-style, where a state has more power than a province does in our political construct.

So she can say whatever, but if she’s actually putting AB ahead of the rest of Canada, then it’s just a different way of saying “AB wants to secede”.

 

[Quirky]

You guys are questioning why someone from Alberta goes to Florida in the middle of winter? Common now.

Does DS golf?

 

[Brad Sallows]

"Energy export restrictions ‘on the table’ to respond to U.S. tariff threats, Joly says"

As I wrote:

"Regions of Canada that have been marginalized from time to time by parts of the Canadian establishment should consider acting to improve their own positions domestically and internationally irrespective of what the old guard wants, since the Canadian establishment will go right back to marginalizing those regions after pretending we're all "working together" while carefully making sure the establishment yields as little as possible in the meantime."

"Let's you and him fight" is not a position a LPC government should promote towards the major energy exporting provinces on one side and the US on the other. "We're all in this together", but the costs fall on the same old places. Canadians ought to take notice of what this amounts to and stuff the LPC into political oblivion. How about a small gesture like unequivocally and expeditiously eradicating the supply management irritant first? Until they accept political damage without requiring some domestic political quid pro quo, the LPC is not to be trusted and none of their positions that require sacrifices from regions not key to their (LPC) parliamentary majorities should be accepted.

 

[IKnowNothing]

People really need to stop losing sight of who pays tariffs on imports. All this chest puffery and belligerent threats coming from politicians and lifelong anti-American opinion/propaganda mongers is counter-productive even if they don't follow through. Instead of reaching for the harshest options first, let's stick to information operations - explain loudly and clearly and relentlessly what parts of American retail prices are tariffs, who pays them (Americans), and where the money is going (US government) - and seek to weather the storm by improving economic performance elsewhere.

I'm very curious to see how elastic American demand is in the shortterm, and how sticky the impacted integrated supply chains are.

 

[Kirkhill]

The class bully is about to take Americans' lunch money. Also, he's not about to "punch" (use military force) anyone. Find other analogies.

People really need to stop losing sight of who pays tariffs on imports. All this chest puffery and belligerent threats coming from politicians and lifelong anti-American opinion/propaganda mongers is counter-productive even if they don't follow through. Instead of reaching for the harshest options first, let's stick to information operations - explain loudly and clearly and relentlessly what parts of American retail prices are tariffs, who pays them (Americans), and where the money is going (US government) - and seek to weather the storm by improving economic performance elsewhere.

We already know we impose economic inefficiencies on ourselves. Trump is threatening to add economic inefficiency to Canada-US trade. Let's remove some of those self-inflicted economic inefficiencies and buy some time to weather the aforementioned storm until American consumers press their own government into abandoning policies which drive up their costs of living.

The federal government has known for a couple of months what Trump proposes and that he is going to be in a position to give it effect, and so far it has managed to go sit in a corner while the LPC take their time puzzling out how to minimize damage to their future electoral prospects. Meanwhile they make threats at the expense of (mostly) others. F*ck them, the horses they rode in on, and all that look like them.

Tariffs do two things.

They make it more attractive to invest locally, behind the tariff wall.

They create jobs that employ people so thst they have the money to be able to buy stuff even if the prices are elevated.

Cheap goods are no good to consumers if they don't have the money to buy them.

 

[Brad Sallows]

Tariffs do two things.

They make it more attractive to invest locally, behind the tariff wall.

If you think the tariff is going to endure. Americans just voted in part to express dissatisfaction with their costs of living. How sensitive will they be to price increases in fundamental commodities? I can guess that the prudent business advice is: wait it out.

They create jobs that employ people so thst they have the money to be able to buy stuff even if the prices are elevated.

That's just part of investing locally. So, one thing. And we've left out the part about how long it takes for major resource extraction projects to get going, and how big the capability gaps are, and similar number-crunching exercises for everything else down to rubber ducks.

Too many people, including many who have educations and credentials which suggest they ought to know better, are doing the headless chicken dance based on qualitative thinking rather than quantitative thinking, with good measures of visceral anti-Americanism or anti-Trumpism thrown in. I don't care about other peoples' neurotic fixations; I just want them to wallow in their fears quietly in the comfort of their panic rooms. The ones who are trying to inflate a crisis into opportunities, I could just wish were forcibly restrained and ball-gagged.

 

[Remius]

Mercantilism in the 21st century.

https://twitter.com/x/status/1879208154518475049

 

[dimsum]

Mercantilism in the 21st century.

https://twitter.com/x/status/1879208154518475049

I don’t have X so I can’t see past it, but here’s the full Truth Social post as shared on Reddit.



…except that little tidbit that the US Dept of Commerce already does that job. So which one will DOGE cut as “waste”?

But hey, he’s not calling the “pathetically weak trade agreements” as subsidies anymore. Maybe he can learn…