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Meanwhile, Canadian dollar hits 14 mo. low as TRUMP slaps tarriff on cuck lumber!

Posted on 4/25/17 at 1:07 pm
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 4/25/17 at 1:07 pm
LINK

Canadian dollar at 14 month low after God Emperor TRUMP slaps tariff on cuck Canadian lumber imports.

quote:

Prime Minister Justin Trudeau vowed to stand up for Canadian interests on Tuesday after the United States imposed new tariffs on softwood lumber and trade tensions between the two countries escalated, sending the Canadian dollar to a 14-month low.

While the currency fell, shares in Canadian lumber companies rose as the level of the new tariffs came in at the low end of what investors were expecting.

The United States said on Monday it will impose preliminary anti-subsidy duties averaging 20 percent on imports of Canadian softwood lumber, escalating a long-running trade dispute between the two neighbors.

The move, which affects some $5.66 billion worth of imports of the construction material, sets a tense tone as the two countries and Mexico prepare to renegotiate the 23-year-old North American Free Trade Agreement.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8003 posts
Posted on 4/25/17 at 1:12 pm to
Strong dollar is not a good thing for American manufacturing. You know that, right?
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 4/25/17 at 1:13 pm to
Standing up for the lumber industry will surely be awkward for Trudeau.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 4/25/17 at 1:14 pm to
quote:

Strong dollar is not a good thing for American manufacturing. You know that, right?


True...but it IS good for reacquiring debt (wealth).
Posted by Machine
Earth
Member since May 2011
6001 posts
Posted on 4/25/17 at 1:14 pm to
take THAT one of our biggest allies!

boom bitches
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 4/25/17 at 1:20 pm to
quote:

The United States said on Monday it will impose preliminary anti-subsidy duties averaging 20 percent on imports of Canadian softwood lumber, escalating a long-running trade dispute between the two neighbors.
Government Bureaucrats Halt Fire Sale Of Crucial Resource, Returning Wealth From US Construction Companies To Canadian Taxpayers
This post was edited on 4/25/17 at 1:21 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/25/17 at 1:22 pm to
This really doesnt serve a functional, net beneficial purpose other than to flip off Trudeau.


Which I am not necessarily against, but just saying
Posted by Rakim
Member since Nov 2015
9954 posts
Posted on 4/25/17 at 1:26 pm to
quote:

take THAT one of our biggest allies!

boom bitches



If you want to support Castros son then move to Canada cuck
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 4/25/17 at 1:28 pm to
quote:

This really doesnt serve a functional, net beneficial purpose other than to flip off Trudeau.
Sure it does, it protects the logging industry (50,000 total employees) from those low low prices so the construction industry (750,000 total employees in residential building alone) can now pay their ~fair~ share.
This post was edited on 4/25/17 at 1:29 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/25/17 at 1:31 pm to
I said "net beneficial", but the ironic shite posting is not lost on me
Posted by SirWinston
PNW
Member since Jul 2014
81634 posts
Posted on 4/25/17 at 1:35 pm to
Ugh just as I'm holding a conference call tomorrow trying to land a yuge deal selling my company's product into Canada, eh mates?

I presented the pricing to Ron last week and he was unable to chat on Friday as he was hoarse from the Habs' overtime loss to the Rangers at Bell Centre, eh?

Still upvoted because I'm a Patriot but...
This post was edited on 4/25/17 at 1:37 pm
Posted by Texas Weazel
Louisiana is a shithole
Member since Oct 2016
8532 posts
Posted on 4/25/17 at 1:36 pm to
Trump is a big government, anti free market Yankee.


Can't spin this. The market should play itself out.
Posted by Seldom Seen
Member since Feb 2016
40106 posts
Posted on 4/25/17 at 1:40 pm to
Finally trade deals that are favorable to U.S.!


America First!
Posted by montanagator
Member since Jun 2015
16957 posts
Posted on 4/25/17 at 1:42 pm to
quote:

If you want to support Castros son then move to Canada


I thought he was a Senator from Texas whose putative father snuck into the US to kill Kennedy.
Posted by KCT
Psalm 23:5
Member since Feb 2010
38911 posts
Posted on 4/25/17 at 1:44 pm to
quote:

Canadian dollar hits 14 mo. low


How low can Trudeau?
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 4/25/17 at 1:45 pm to


*Trey Parker voice*

Import duties! (frick yeah!)
Trade wars! (frick yeah!)
Housing costs! (frick yeah!)
Renting! (frick yeah!)
This post was edited on 4/25/17 at 1:46 pm
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 4/25/17 at 1:47 pm to
AMERICAN LUMBER
M
E
R
I
C
A
N

L
U
M
B
E
R

Love it or leave it BAW!
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/25/17 at 1:53 pm to
Glad I'm buying now.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57214 posts
Posted on 4/25/17 at 1:55 pm to
quote:

Standing up for the lumber industry will surely be awkward for Trudeau.


He'll have to tread lightly so as not to alarm the Environmental Wackos who would love nothing more than to shut down Canada's lumber industry.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 4/25/17 at 2:01 pm to
Does anyone actually have a real reason this is good for the American consumer? Because I've got nothing here.
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