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re: Fresh Trump truth social post on subsidizing Canada
Posted on 2/2/25 at 9:08 am to LSURussian
Posted on 2/2/25 at 9:08 am to LSURussian
quote:
Can anyone explain in what way are we subsidizing Canada by "hundreds of billion dollars"?
Aside from military spending, Canada’s economy relies heavily (75-80%) on exports to the USA while the Canadian government charges heavy tariffs on the USA imports.
Canada businesses are getting a free ride at the expense of the American business while enjoying the proceeds of a large tariff on anything the American business sends to them.
2
Posted on 2/2/25 at 9:09 am to LSURussian
quote:
Can anyone explain in what way are we subsidizing Canada by "hundreds of billion dollars"?
Trump just explained it, read slowly. I’ll give you one easy example, we do not need their lumber.
Posted on 2/2/25 at 9:09 am to Geauxldilocks
quote:
we do not need their lumber.
Can I bookmark this?
Posted on 2/2/25 at 9:09 am to stout
Soy isn’t known for its sturdiness
Posted on 2/2/25 at 9:11 am to TBoy
quote:
So I guessTrump isn’t going to restart the Keystone XL pipeline?
That’s up to TransCanada Pipeline at this point. Trump’s State Department would issue a permit very quickly if they wanted it.
Posted on 2/2/25 at 9:11 am to Lakeboy7
quote:
Producers are not going to increase production at these prices
Aren't current prices in what is considered the "sweet spot" where consumers are happy and crude producers are very profitable?
You are naive if you think American drilling wouldn't increase to meet the demand if they have the capability to. Especially if we stop playing games with the permits like the Biden admin did.
Posted on 2/2/25 at 9:12 am to stout
Yellowwood and Auburn NIL finna eat.
Posted on 2/2/25 at 9:13 am to LSU0358
quote:
An agreement needs to be made with Alberta to keep the crude flowing.
And here's the art of the deal flowing in real time: "Settle" for Alberta as #51, instead of all of Canada.
This post was edited on 2/2/25 at 9:14 am
Posted on 2/2/25 at 9:14 am to RogerTheShrubber
quote:
Do you know who benefits from cheap imports? Small business.
They benefit by going out of business. That’s odd.
You are dumb to trust the CCP at any level.
Go research the back story to Segway. How did that work out for that company?
Posted on 2/2/25 at 9:14 am to LSURussian
quote:
an anyone explain in what way are we subsidizing Canada by "hundreds of billion dollars"?
I think he is referring to some of their long standing tariffs on some of our products.
Posted on 2/2/25 at 9:14 am to Geauxldilocks
quote:I've never thought that buying something is considered a subsidy, unless the purchaser is paying more than market price to the seller.
Trump just explained it, read slowly. I’ll give you one easy example, we do not need their lumber.
And to the poster who said Canada is charging tariffs on American goods, I thought the whole idea of NAFTA was to eliminate tariffs on other North American countries goods.
If it's true Canada is already imposing tariffs on U.S. goods, then frick 'em.
Posted on 2/2/25 at 9:15 am to Lakeboy7
quote:
Can I bookmark this?
In the short term we would hurt without their lumber as they supply us with around 25-30% but I think in the long term we would find other trade partners such as South America which currently accounts for around 10% of our lumber imports.
Canada's timber industry would disappear with us. We have the upper hand here.
Posted on 2/2/25 at 9:15 am to Lakeboy7
quote:
Note to self, take every dime out of stock market tomorrow and go to cash.
Why not go short if you are so sure?
Posted on 2/2/25 at 9:16 am to jimmy the leg
quote:
They benefit by going out of business. That’s odd.
No, it allows them to compete with economies of scale.
Small business buy components and add value to create marketable products.
Y'all are rigging the game for massive Corp
Posted on 2/2/25 at 9:17 am to stout
quote:
Aren't current prices in what is considered the "sweet spot" where consumers are happy and crude producers are very profitable?
Yes. Lakeboy doesn't know his arse from a hole in the ground.
Posted on 2/2/25 at 9:20 am to TDTOM
Posted on 2/2/25 at 9:22 am to stout
quote:
Aren't current prices in what is considered the "sweet spot" where consumers are happy and crude producers are very profitable?
No. And nobody gives two shits about consumers, its about pushing the price point at the pump as far as it will go.
To expand operations the producers ARE NOT going to increase operations at the current price. To get them to drill prices have to go up, not 4 cents at the pump more like a dollar and a half.
Posted on 2/2/25 at 9:24 am to stout
DJT is ultimately proven right time and time again and the Lefties/anti Trump types are proven wrong time and time again.
This thread is yet another example that will be interesting to revisit down the road and I suspect DJT will end up being correct (yet again).
Even that won’t deter his detractors but maybe someday they’ll have a lightbulb flick on and realize they’ve never been correct and have some self-reflection.
This thread is yet another example that will be interesting to revisit down the road and I suspect DJT will end up being correct (yet again).
Even that won’t deter his detractors but maybe someday they’ll have a lightbulb flick on and realize they’ve never been correct and have some self-reflection.
Posted on 2/2/25 at 9:25 am to stout
quote:
In the short term we would hurt without their lumber as they supply us with around 25-30% but I think in the long term we would find other trade partners such as South America which currently accounts for around 10% of our lumber imports. Canada's timber industry would disappear with us. We have the upper hand here.
All the small guy sawmills that were forced to close their doors or sell in the last 10-15 years would have appreciated this being done much sooner.
Just like deer, we have more trees in the United States territory than we did before Europeans settled here.
We are capable of being completely self-sustained and flourishing. We are only lagging behind in tech. We are capable of manufacturing our own appliances, vehicles, lumber, non-cancer causing foods, furniture, toys, tools, and clothing.
Look at Jocko’s Origin as a success story. Much higher quality produced leather goods, boots, and jeans 100% manufactured by Americans making a great wage on American soil. We can do this across ALL industry.
Posted on 2/2/25 at 9:27 am to LSURussian
quote:
If it's true Canada is already imposing tariffs on U.S. goods, then frick 'em.
From ChatGPT on US dairy products:
Canada imposes high tariff rates on U.S. dairy products that exceed its tariff rate quotas (TRQs). Under the **United States-Mexico-Canada Agreement (USMCA)**, Canada provides limited duty-free access for U.S. dairy products within set quotas, but products exceeding these quotas face **tariffs as high as 200-300%**, depending on the product.
Here are some examples of tariff rates on U.S. dairy products **outside the TRQs**:
- **Cheese**: Up to 245%
- **Butter**: Up to 298%
- **Milk and Cream**: Up to 241%
- **Yogurt**: Around 200%
Within the TRQs, U.S. dairy products enter Canada at **preferential tariff rates (often zero or low duty)**, but these quotas are limited. Once the quota is filled, over-quota imports face the steep tariffs.
Let me know if you need specifics on a particular dairy product!
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