Canada has imposed 25% Tariff on $155 Billion of US Goods. Canada has taken off US made rum off the shelves in many provinces.
Great opportunity for the Caribbean to increase export of rum and other products to Canada.
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Canada hit back with 25% Tariff on US
Mexican President Claudia Sheinbaum said the country will implement a “plan B,” which includes retaliatory tariffs, in response to US President Donald Trump’s imposition of a 25% duty on all imports from Mexico.
25% on 30B starting on Tuesday and the other 125B in 21 days time.
Not only rum, but all spirits on the LCBO shelves with a made in USA label will be gone. People on both sides of the divide will get hurt here especially those who are barely putting food on the table.
Meanwhile Trumpy and his rich friends are making money and also storming the Treasury
Facts:
1- outside of oil the USA has a trade surplus with Canada
2- the US gets oil from Canada at a deep discount
3- less than one percent of Fentanyl to the US comes from Canada
4- less than one percent of illegals to the US crosses over from Canada
Not sure what Trump is really talking about.
Canukistan is in big Doo doo.
In reply to Master_Blaster
Anymore investment advice???
no tequila, avocados,for america
Who needs tequila when you have the eldorado white ball?
In reply to Master_Blaster
Apparently USMCA is a farce!
Nova Scotia Premier - Tim Houston
@TimHoustonNS
First, Nova Scotia will limit access to provincial procurement for American businesses. We will look for opportunities to cancel existing contracts and will maintain the option to reject bids outright because of President Trump’s unlawful tariffs.
Second, the cost of tolls at the Cobequid Pass will double for commercial vehicles from the United States, effective February 3, 2025.
Finally, we will direct the Nova Scotia Liquor Corporation to remove all alcohol from the United States from their shelves effective February 4, 2025.
One of the reasons why the lights are not turned off in parts of US yet is because it would affect mostly democratic states.
Now we understand why Trump seems to be cozing up to Venezuela, and silly Venezuela taking In people who applying for asylum in US. Because it’s like Trump looking to find a cheaper oil and gas deal outside of Mexico and Canada. But the problem is that Canadian oil is most suitable for the type of product required for their energy consumption.
In reply to StumpCam
this week could be a nasty one for the market!
In reply to StumpCam
You do not need advice from me..but am keeping some powder dry till all of this blows over.
You win some you lose some:
2022- minus 350k
2023- plus 600k
2024- plus 7 figures
Will have a losing year this year or next..we shall see.
In reply to XDFIX
The sanctity of a contract is as good as the signee is honorable.
In reply to nickoutr
Do you mind explaining to the masses on this MB why Canada is " in big doo doo." Please don't leave them hanging.
In reply to camos
This is one time I hope you are wrong..suffered some big losses last week.
So it is bob and weave time...
In reply to Master_Blaster

Relax, Yes this is serious but never mind the distractions of Tariffs or no Tariffs. Dotard moved it from Saturday now its Tuesday who knows, when Tuesday gets here it might be Wednesday. Worry about what did not make the news cycle. Trump pumping his crypto and Elon Musk attempting to get his hands on the Federal Government payment systems and was blocked by public servants-watch out for this one in the coming days. Yeah Tariffs are here but that's not the real deal that's a distraction for what is really going on


Canadian Dollar falls to lowest lLevel against USD snce Jan 2016
Is Trump taking US out of WTO?
In reply to carl0002
Peter Theil, Musk, Bezos, Zukerberg, even the fcukers at Google, are all salivating at the thought of another economic crash like 2008.
In reply to SnoopDog
It wont be anything like 2008. 2008 going to look like child's play.
Ok, as i said earlier on this thread, people on both sides will get hurt here......
This is just a start
In reply to Kay
Reality says you are correct. On the other hand, MAGA says you are wrong....Maga world wins!

In reply to googley
This was the wake up call Canadians needed to stop their economic reliance on America.
There will obviously be some growing pains as we search for and find other markets and trading partners, but in the long run we will be better off economically.
In reply to SnoopDog
Absolutely!!
Meanwhile, the Joker dont realize that USA influence on the world is being diminished bigly on a daily basis. Lots of work to be done for the next president to reverse the damages being done.
In reply to carl0002
Getting his hands on the Federal payment system means he has records of everything about every
American, be they illegal or not..as everything about an American is attached to a Social Security number or EIN number,
habits ,debts,ownerships and legal dealings. AND NO PLACE TO HIDE.
That is the most scary THING ever to be visited on people in America.
When you consider that this fellow,MUSK High ,Large and Huge with AI, and in CHARGE,there is no limit to
any evil he can't visit on the population.
America, USA is in a very very dark place at present time.
Musk is not answerable to CONGRESS and SCOTUS has already given Trump the Con free will to do whatever with
impeachment of non effect with every ARM of the government under his control.
Scary ???
Hold strain.
In reply to hubert
Not so fast says a Judge.
In reply to WI_cricfan
Who is going to enforce e and monitor the judge's order? No Inspector-General, don't forget what Trump did to Vindman and his brother so no one in this Admin will come forward
In reply to WI_cricfan
So I have seen...Good first stop.
However the way Trump-Musk team is heading and where they are taking George Washington's Land(USA),
and with it the world, an antidote named BRICS is the only real counter and power to bring sanity(even Briefly)
to the Global chaos that seems inevitable.
Yes another currency, the YUAN ? could now emerge to challenge the Reserve Currency US Dollar .
At this point I would welcome such a dosage and it will be the USA's worst nightmare.
It is not easy however to depend on an injured Bear,Russia and a timid Dragon,China to provide this gateway.
But it sure would be a different ball game in the current environment.
I would love to see it.Perhaps the time is Right and Now.
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