Canada preparing retaliatory tariffs to unveil as soon as Trump's inauguration day

[RainCaster]

Source: CBC

The Trudeau government is planning a first round of counter-tariffs that could be unveiled as soon as incoming U.S. president Donald Trump is sworn in on Monday, Radio-Canada has confirmed.

The counter-tariffs would apply to $37 billion in goods that would be less harmful to the Canadian economy.

Trump has threatened to levy a 25 per cent across-the-board tariff on Canadian goods. Experts and lawmakers have warned such a move would be devastating for the Canadian economy.

The Canadian government is also preparing additional retaliatory tariffs that would cover up to $110 billion, depending on the Trump administration's actions. Those could potentially be more damaging to the Canadian economy.

Read more: https://www.cbc.ca/news/politics/canada-retaliatory-tariffs-1.7434137

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It is interesting to see how quickly Canada has responded to the Mango Mussolini this time 'round. They are not keeping their powder dry, it seems.

[Mike 03]

1. Good for them!

Do it.

[sakabatou]

2. Dump didn't learn the lesson that you don't win economic wars

[travelingthrulife]

6. he doesn't have to win them. he just tells his cult he won them and they believe it.

[sakabatou]

7. I'll always say it: Trump has his own cult

[Bernardo de La Paz]

12. He got beaten by Christia Freeland and Trudeau in 2018. Short lived tariffs & renegotiated NAFTA

tRump knows he got beaten because he singled out Freeland for a personal attack in December. And if his treaty was so good, why is he whining about trade now? Answer: he is stupid, then and now.

[Cha]

3. Fucking Big Bully Mump

thinks he owns the world now.

Team Canada 🇨🇦 here.. GO Canada 🍁

[IzzaNuDay]

4. A big thank you to Canada!

Perhaps send the orange turd some moose nuggets as a presidential welcome gift

[sheshe2]

5. Good for them.

[PortTack]

8. Yes! Hopefully Mexico does the same. no doubt China will make some moves.

What’s maga gonna say when ordinary things suddenly become out of their financial reach? Some new low I suppose blaming anyone but der leder.

[PortTack]

20. I believe Claudia Shienbaum has said they will be issuing tariffs

[speak easy]

9. Tit for Tat.

What ever Canada levies, TCF will double or nothing.

[C0RI0LANUS]

10. Look where we are now with our closest ally and friend, Canada, thanks to the incoming Imbecile-in-Chief.

Most US Presidents visit Canada as soon as possible. Full list from US State Dept below.




Jimmy Carter visited Canada as a USN Lieutenant (and nuclear engineer) in the 1950s to save a US-provided atomic power plant in Ontario. (He did not visit again as POTUS). See his story below.



Sources:

https://history.state.gov/departmenthistory/travels/president/canada

https://www.military.com/history/how-jimmy-carter-saved-canadian-nuclear-reactor-after-meltdown.html

[nature-lover]

13. Felons can't enter Canada.

[C0RI0LANUS]

15. Good. Trumpf didn't despoil Canada with his odious presence the first time as POTUS, but one of his hotels did.

The agreement to remove the Trump brand marks the first step toward revamping the property, which has faced a history of construction delays and lawsuits. (Photo: National Post)

President Donald Trump’s known for many negative things, and the building formerly known as Trump Tower at Bay and Adelaide streets, is one them. It resonated with Torontonians for all the wrong reasons.

"CBSA Officers, please continue to keep Trumpf out of Canada."




Sources:

https://financialpost.com/real-estate/property-post/the-trump-sign-comes-off-toronto-tower-on-august-1

https://nationalpost.com/life/homes/what-happened-to-trump-tower-its-now-the-st-regis-residences

[Bernardo de La Paz]

11. Canada is ready, but will roll it out in stages, if needed, so there is room in case tRump escalates. . . . nt

[Mblaze]

14. Those tariffs on Canadian and Mexican goods would

Renege on the USMCA that he signed. He's just going to tear it up and extort them again.

[littlemissmartypants]

16. Actually...

"They are not keeping their powder dry, it seems."

What's the meaning of the phrase 'Keep your powder dry'?
Be prepared and save your resources until they are needed.

What's the origin of the phrase 'Keep your powder dry'?
The allusion is to gunpowder which soldiers had to keep dry in order to be ready to fight when required. This advice reputedly originated with Oliver Cromwell during his campaign in Ireland. In Ballads of Ireland, 1856, Edward Hayes wrote:

“There is a well-authenticated anecdote of Cromwell. On a certain occasion, when his troops were about crossing a river to attack the enemy, he concluded an address, couched in the usual fanatic terms in use among them, with these words – ‘put your trust in God; but mind to keep your powder dry’.”
https://www.phrases.org.uk/meanings/keep-your-powder-dry.html

[GiqueCee]

17. Now, I don't want to appear partisan, but...

Why, WHY, WHY is no one willing to acknowledge the glaringly obvious, and irrefutable fact that everything Trump says or does is in service to Putin's psychotic obsession with destroying America from within? Republicans are overjoyed at the prospect, 'cause they're no different, and certainly no better, than Putin is. They WANT a dictatorial oligarchy!

Actually, I know why. Because if anyone acknowledged it, then they'd have to do something about it. God for-fucking-bid. On the day before the election, I heard someone who should know better say that sure, Trump is dangerous, but he's not a danger to democracy. I think he might wanna walk that one back a parsec or two.

This is a really high cliff we're barrel-assin' toward, and it's gonna get messy at the bottom.

[JoseBalow]

18. drumpf's "alleged" tariffs

I'll believe it when I see it. I take nothing he says at face value.

[NotANeocon]

19. Canadians voted in their own government.

It was people in Yankland that elected him for their annoyance so let them live through their regrets.

[calimary]

21. How many times have we heard "trump has threatened"?

Getting REALLY sick of it!

I’m already REALLY REALLY sick of him.

[dalton99a]

22. A tariff should be called a Trump tax

[Karma13612]

23. I'm confused a bit.

I was under the impression that the Trump Tariffs on Canadian goods are going to be damaging to the US consumers.

[IbogaProject]

24. Smoot-Hawley all over again

Smoot–Hawley Tariff Act, caused world havoc starting in 1930.
https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act