Deep dive into tariff impacts

7 Replies to “Deep dive into tariff impacts”

1. How can you believe some one that stands behind the libdip rag for Quebec?

2. Dr. Kaase Gbakon took his oath of Canadian citizenship in late January.

   That poor bastard. Looks like he picked the wrong time to move to a third world country.

3. Sorry doc, but no.
   1 – the short term effect of american tariffs on western Canadian energy exports will be near zero: no volume drop and no retail price change in Canada.
   2 – if Canada now imposes tariffs on American energy, those costs will be passed directly (ain’t regulatory capture wonderful?) to consumers in Ontario and points east (plus some in B.C.). No effect here.
   3 – if Canada imposes longer term export taxes on western energy sales to the U.S. .. well, my “Wanalta for 51st” banners are ready for printing (not true, but you get the idea).
   —
   In the longer term I see this spat as leading to a new NAFTA/CUSMA which penalizes companies that import from places like China, slap on a “Made in Canada” label, and then sell into the U.S. market along with more of a free market for Can/US energy trade – .e.g. Keystone gets done and at least one more oil sands plant gets built.

   1. Or, maybe, just maybe, this is all about the fentanyl and CCP infiltration of our country. It would explain the Liberal’s wild emotional reaction, outbursts and unhinged response.
      Gotta hide their criminal, traitorous activities, of course. But, the Americans KNOW, who and what they are and what they’ve done.
      No wonder the Yanks want them out of 5 eyes, and their other security agencies no longer share any intel with Canada.
      This country is compromised. The Yanks need to crush their enemies.

      1. Pssst … this ALL comes back to Communist China. Chi-Canada has made its bed with your Communist overlords, and now it appears they are so embedded in Canada … that you simply cannot detach. So your PM (?) parrots Dear Leader Xi by saying Canada will fight Trump to the bitter end. Sorry, but you’ve all voted for that (as you like to scold THIS Californian).

         PS Doctor Jill (sorry Dr. Gakbone) … same kind of Dr. … I got confused. MY President just told American automakers to hurry-up and move their operations OUT of Canada and back to America … so if you want to reset your oil exports to your overlord Communist China … you best hurry up too.

         PPS Dr. Jill … Here in California we pay 68.1c/gal. in gasoline taxes … most of which go toward a high speed (sic) train to nowhere. All we need to do is is trim a tiny amount of those wasted taxes … and the tariffs on Canadian oil won’t impact us in any way whatsoever. So do your worst. And perhaps that will create leverage for us to STOP voting liberal numbskulls into office … as you should be doing in Chi-Canada as well.

   2. I support what Trump is attempting to do in the US .. taking control of an out of control bureaucracy , but with regard to International finance and power he is merely replicating the same old US dominance theme of the past.

      Currently the US represents roughly 4% of the 8 billion world population , and has roughly 30% of the world population under sanctions , political , financial and military. It is a declining power but Trump still thinks he can impose through finance or to a lesser degree via military now that the US proxy war in Ukraine is lost. Trump appears to be listening to some of his financial team who have suggested the US could remove income tax by relying on tariffs … so far he has added tariffs to Canada , Europe , Mexico , China , Venezuela in a futile attempt to bring industry back to the US. Manufacturing industry left the US some time ago and is not returning. The new manufacturing super power is China … not the US and there is nothing Trump or anyone in the US can do about it short of a nuclear war which would destroy us all.

      Trump’s tariff war is just adding to the sanctions war , and China has already responded

4. What does governor carney have to say on this file????