Thread for obviously newsworthy stuff

[Wezil]

The Canadian government said Wednesday that it was contemplating its options. Liberal MP Wayne Easter, chair of the Commons finance committee and co-chair of the Canada-U.S. Interparliamentary Group, said retaliatory tariffs could target “endless products because there’s endless trade. One of the areas the U.S. is certainly most vulnerable is their farm sector. And you know who won all those states in the last election?”

https://www.thestar.com/news/canada/2018/05/31/us-will-hit-canada-with-steel-and-aluminum-tariffs-as-of-midnight-tonight.html

[Proteus_MST]

The Trump Trade War is on.

I expect our government will be targeting agricultural products.

The Trump supporters in the red states can feel the pain brought about by their guy's policies.

Winning!

Seems like the red states will get hit double by the Trumpian trade war.
Their metal working and car manufacturing industry will get hit by the import tariffs on steel, aluminium and auto parts ....
and their farmers (and foodstuff and beverage producers) will get hit by the retaliatory tariffs on agricultural products.

But I guess it will be the fault of the Democrats again

[Wezil]

Trump has been using the threat of tariffs as a cudgel in our ongoing NAFTA negotiations.

We don't respond well to bullies.

[pchang]

Nobody likes bullies. Unfortunately, that doesn’t help when you’re getting a beat down.

[Wezil]

But very pleasing when the bully gets the beat down.

[Kidlicious]

"We'll see what happens"

[Wezil]

Our PM with a parliamentary majority can maintain unity better than Trump can manage his herd of Republican cats.

I see from US news the Repugs are already grumbling - On the first day.

Canada is #1 export for US food exports. The hayseeds will feel the reaction.

https://www.cnn.com/2018/05/31/politics/republicans-gop-react-tariffs-trade-trump-aluminum-steel-imports/index.html

[Uncle Sparky]

Currently the US produces about 60% of the aluminium it uses... most of the rest comes from Canada. It will now be more expensive. Hahahahahahaha. It is almost as though President Monkey-butt Face doesn't understand anything about trade. And yes, red states will be reduced to dustbowl status by the time US mid-terms take place.

[Kidlicious]

Canada can not do that.

[Kidlicious]

He said: what were you thinking when you did this? I said: I thought she was white, she looks like my family! He scoffed & said: "what u have done is egregious, and unforgivable.' I begged 4 my crews jobs. Will I ever recover from this pain? omg

-Roseanne

[Dinner]

The Trump Trade War is on.

I expect our government will be targeting agricultural products.

The Trump supporters in the red states can feel the pain brought about by their guy's policies.

Winning!

Just make sure you target stuff from fly over country and not California. So... Soy beans, corn, and wheat are good, but wine, cheese, fruits, and veggies are bad.

Don't make us do a tomato embargo on your asses. Your pizza will be dry and lacking in pizza sauce. You want your cauliflower smothered in hollandaise sauce and bacon bits, right?

Canadians: "My doctor told me to eat more veggies and I found once I drenched them in a sauce made with melted cheese and lots of butter then top it all with fried bacon they are pretty good."

[Uncle Sparky]

Citrus fruit is on the list... from Florida, not California. EU & Mexico are taking similar steps.

[Wezil]

The list is out. For the most part it is a very focused list of items aimed at Trump's supporters. ie chocolate from PA

25% on steel and alum and 10% on a whole host of items.

https://www.fin.gc.ca/activty/consul...cmpcaa-eng.asp

[Dinner]

Don't get too uppity, Wezil, remember that 87% of NAFTA is the US so even though everyone gets hurt in Trumps trade war some can get hurt far more then others despite flag wave politicians saying otherwise.

[Proteus_MST]

Don't get too uppity, Wezil, remember that 87% of NAFTA is the US so even though everyone gets hurt in Trumps trade war some can get hurt far more then others despite flag wave politicians saying otherwise.

For at least some important products there seem to be alternatives that become viable if targetedin a trade war.
Example:
If Mexio puts punitive tariffs on corn (which seems to be likely) AFAIK there already are southern american countries which would be more than happy to replace the USA as main supplier for their corn products. Considering that corn farming in the USA is done primarily for export and less so for consumption at home, this will be a huge hit for corn farmers

[Proteus_MST]

True words:

https://twitter.com/TheLastWord/status/1002399129346170881