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"I’m astounded that Ottawa isn't pointing out that Canada has experienced much higher food inflation than the United States, even with a tariff-happy president in the White House. The explanation is simple: exporters to the U.S. are largely “eating” Trump’s tariffs. As a result, American consumers aren’t bearing as... show more

The Food Professor

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49,033 Aufrufe • vor 27 Tagen •via X (Twitter)

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THE TRUTH ON TARIFFS: Trump's claim that Canada holds an unfair advantage due to 250% tariffs on U.S. dairy products is misleading. In reality, the U.S. exports approximately $1.03 billion worth of dairy products annually to Canada, virtually ALL TARIFF-FREE. That's right—these U.S. dairy exports enter Canada with a 0% tariff. On the other hand, the U.S. imports only about $293 million in dairy products from Canada each year, significantly less than what it exports to Canada. The "250% tariffs" that Trump references apply exclusively to dairy imports above Canada's established quota limits. Such quota limits are rarely surpassed, as the U.S. already exports far more dairy products to Canada than Canada exports to the U.S.—more than three times as much, in fact. This is what MAGA does. They create huge controversies out of nothing, as a way to try and sell a narrtive.

THE TRUTH ON TARIFFS: Trump's claim that Canada holds an unfair advantage due to 250% tariffs on U.S. dairy products is misleading. In reality, the U.S. exports approximately $1.03 billion worth of dairy products annually to Canada, virtually ALL TARIFF-FREE. That's right—these U.S. dairy exports enter Canada with a 0% tariff. On the other hand, the U.S. imports only about $293 million in dairy products from Canada each year, significantly less than what it exports to Canada. The "250% tariffs" that Trump references apply exclusively to dairy imports above Canada's established quota limits. Such quota limits are rarely surpassed, as the U.S. already exports far more dairy products to Canada than Canada exports to the U.S.—more than three times as much, in fact. This is what MAGA does. They create huge controversies out of nothing, as a way to try and sell a narrtive.

Ed Krassenstein

1,088,307 Aufrufe • vor 1 Jahr

Canadian Finance Minister François-Philippe Champagne: “Today I’m announcing that Canada will match the United States tariffs dollar for dollar, rate for rate. Effective September 8th, Canada will impose counter-tariffs of up to 15%, 25%, or 50% on $27.6B of imports from the United States of America.” “For each product, our tariff will match the American tariff on the same type of Canadian good.” Time to DROP the HAMMER. Start by ending U.S. military protection for Canada.

Canadian Finance Minister François-Philippe Champagne: “Today I’m announcing that Canada will match the United States tariffs dollar for dollar, rate for rate. Effective September 8th, Canada will impose counter-tariffs of up to 15%, 25%, or 50% on $27.6B of imports from the United States of America.” “For each product, our tariff will match the American tariff on the same type of Canadian good.” Time to DROP the HAMMER. Start by ending U.S. military protection for Canada.

RedWave Press

35,234 Aufrufe • vor 3 Tagen

🇨🇦 Canada announced retaliatory tariffs of up to 50% on about 700 American products Tuesday, set to take effect September 8, following the collapse of trade talks and new U.S. tariffs. The measures, covering roughly $20 billion in annual U.S. imports to match the value of Canadian exports hit by American tariffs, include a doubling of tariffs on U.S. steel and aluminum to 50%, and levies on appliances like dishwashers and stoves. Canada also announced it would maintain its 25% tariffs on American-made cars. 👉 Mélanie Joly, Canada’s industry minister, said that some of the items on the tariff list were chosen to target states that voted for Trump.

🇨🇦 Canada announced retaliatory tariffs of up to 50% on about 700 American products Tuesday, set to take effect September 8, following the collapse of trade talks and new U.S. tariffs. The measures, covering roughly $20 billion in annual U.S. imports to match the value of Canadian exports hit by American tariffs, include a doubling of tariffs on U.S. steel and aluminum to 50%, and levies on appliances like dishwashers and stoves. Canada also announced it would maintain its 25% tariffs on American-made cars. 👉 Mélanie Joly, Canada’s industry minister, said that some of the items on the tariff list were chosen to target states that voted for Trump.

Drop Site

21,014 Aufrufe • vor 2 Tagen

🚨 BREAKING: 🇺🇸 U.S. President Donald Trump said the United States will impose an additional 50% tariff on Canada, covering cars, liquor, wine, and nearly all Canadian imports. 🇨🇦 Canadian Prime Minister Mark Carney responded that Canada is ready for the tariffs and will expand exports to other countries instead of relying on the U.S. 🇺🇸 Trump then said Canada could face 100% tariffs on all products, adding that the U.S. would also try to make it difficult for Canada to sell its products to other countries.

🚨 BREAKING: 🇺🇸 U.S. President Donald Trump said the United States will impose an additional 50% tariff on Canada, covering cars, liquor, wine, and nearly all Canadian imports. 🇨🇦 Canadian Prime Minister Mark Carney responded that Canada is ready for the tariffs and will expand exports to other countries instead of relying on the U.S. 🇺🇸 Trump then said Canada could face 100% tariffs on all products, adding that the U.S. would also try to make it difficult for Canada to sell its products to other countries.

Israel Army

1,439,703 Aufrufe • vor 1 Monat

🇨🇦 BREAKING: Canada hits the U.S. with retaliatory tariffs Starting September 8, Ottawa will impose tariffs of 15%, 25% and 50% on 700 categories of U.S. goods. Canadian Finance Minister François-Philippe Champagne said: “Today, I am announcing that Canada will match U.S. tariffs dollar for dollar, rate for rate. For each product, our tariff will match the U.S. tariff on the same type of Canadian good.” The tariffs will hit steel, aluminum, furniture, clothing, household appliances, electronics and seafood. Analysts estimate the measures will affect around 4.5% of Canada’s total imports from the U.S. 🔺The move comes in response to new U.S. tariffs. On Saturday, August 22, following the collapse of talks between the two countries, Donald Trump’s 50% tariffs on around $20 billion worth of Canadian imports took effect.

🇨🇦 BREAKING: Canada hits the U.S. with retaliatory tariffs Starting September 8, Ottawa will impose tariffs of 15%, 25% and 50% on 700 categories of U.S. goods. Canadian Finance Minister François-Philippe Champagne said: “Today, I am announcing that Canada will match U.S. tariffs dollar for dollar, rate for rate. For each product, our tariff will match the U.S. tariff on the same type of Canadian good.” The tariffs will hit steel, aluminum, furniture, clothing, household appliances, electronics and seafood. Analysts estimate the measures will affect around 4.5% of Canada’s total imports from the U.S. 🔺The move comes in response to new U.S. tariffs. On Saturday, August 22, following the collapse of talks between the two countries, Donald Trump’s 50% tariffs on around $20 billion worth of Canadian imports took effect.

NEXTA

44,902 Aufrufe • vor 3 Tagen

Pres. Trump's 50% tariffs on some Canadian goods are taking effect after the United States and Canada failed to reach a trade deal. Canada's Prime Minister Mark Carney has now vowed to match the U.S. tariffs. Steven Portnoy reports.

Pres. Trump's 50% tariffs on some Canadian goods are taking effect after the United States and Canada failed to reach a trade deal. Canada's Prime Minister Mark Carney has now vowed to match the U.S. tariffs. Steven Portnoy reports.

World News Tonight

15,432 Aufrufe • vor 6 Tagen

Canada just hit back in the trade war with new retaliatory tariffs after U.S. put 50% tariffs on a large amount of Canadian goods. Kelly O’Grady breaks down why this may be a strategy for Canada and how it may impact consumers.

Canada just hit back in the trade war with new retaliatory tariffs after U.S. put 50% tariffs on a large amount of Canadian goods. Kelly O’Grady breaks down why this may be a strategy for Canada and how it may impact consumers.

CBS News

509,445 Aufrufe • vor 2 Tagen

Kevin Hassett tries to gaslight Fox News viewers into thinking that American consumers don’t bear the brunt of Tariffs. “There are so many people who keep saying ‘it’s the American consumer that’s going to bear this tariff that’s going to make inflation go up, etc… In President Trump’s view, it’s these countries who are sending inelastic supply to the country, so they are going to bear the brunt… The fact that they are all angry and upset and sending retaliation our way, it suggest that Trump is right.” This is so wrong. First of all, countries don’t send inelastic supply. It would be inelastic demand, and even when demand is inelastic suppliers don’t typically lower their prices to absorb tariffs. Secondly, numerous studies (including from the Federal Reserve, National Bureau of Economic Research, and CBO) show that U.S. importers and consumers bear the vast majority of tariff costs. Tariffs are taxes on imports. U.S. companies pay those tariffs when they bring goods in—and usually pass the cost to consumers through higher prices. Don’t let them gaslight you.

Kevin Hassett tries to gaslight Fox News viewers into thinking that American consumers don’t bear the brunt of Tariffs. “There are so many people who keep saying ‘it’s the American consumer that’s going to bear this tariff that’s going to make inflation go up, etc… In President Trump’s view, it’s these countries who are sending inelastic supply to the country, so they are going to bear the brunt… The fact that they are all angry and upset and sending retaliation our way, it suggest that Trump is right.” This is so wrong. First of all, countries don’t send inelastic supply. It would be inelastic demand, and even when demand is inelastic suppliers don’t typically lower their prices to absorb tariffs. Secondly, numerous studies (including from the Federal Reserve, National Bureau of Economic Research, and CBO) show that U.S. importers and consumers bear the vast majority of tariff costs. Tariffs are taxes on imports. U.S. companies pay those tariffs when they bring goods in—and usually pass the cost to consumers through higher prices. Don’t let them gaslight you.

Ed Krassenstein

191,287 Aufrufe • vor 1 Jahr

FP Champagne "Today I'm announcing that Canada will match the United States tariffs dollar for dollar, rate for rate." "Effective September 8, Canada will impose counter tariffs of up to 15, 25 or 50% on 27.6 billion in imports from the United States of America." "For each product. Our tariff would match the American tariff on the same type of Canadian good." François P Champagne

FP Champagne "Today I'm announcing that Canada will match the United States tariffs dollar for dollar, rate for rate." "Effective September 8, Canada will impose counter tariffs of up to 15, 25 or 50% on 27.6 billion in imports from the United States of America." "For each product. Our tariff would match the American tariff on the same type of Canadian good." François P Champagne

cbcwatcher

28,239 Aufrufe • vor 3 Tagen

HOLY CRAP 🚨: President Trump declares the U.S. will IMMEDIATELY END all trade talks with Canada after they moved to slap a Digital Services Tax on American tech companies. “We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period.” Trump wrote on Truth Social: “We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country.” “They are obviously copying the European Union, which has done the same thing, and is currently under discussion with us, also. Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period. Thank you for your attention to this matter!”

HOLY CRAP 🚨: President Trump declares the U.S. will IMMEDIATELY END all trade talks with Canada after they moved to slap a Digital Services Tax on American tech companies. “We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period.” Trump wrote on Truth Social: “We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country.” “They are obviously copying the European Union, which has done the same thing, and is currently under discussion with us, also. Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period. Thank you for your attention to this matter!”

Dr Charlie Ward

3,735,700 Aufrufe • vor 1 Monat

“It's going to hurt Canadian workers. It's going to hurt American workers,” says Avi Lewis, the leader of Canada’s New Democratic Party, as the U.S.-Canada trade war deepens after talks collapsed without a deal on Friday. The United States on Saturday slapped 50% tariffs on around $20 billion worth of imports from Canada, and Carney announced retaliatory tariffs on $20 billion of U.S. products set to go into effect on September 8.

“It's going to hurt Canadian workers. It's going to hurt American workers,” says Avi Lewis, the leader of Canada’s New Democratic Party, as the U.S.-Canada trade war deepens after talks collapsed without a deal on Friday. The United States on Saturday slapped 50% tariffs on around $20 billion worth of imports from Canada, and Carney announced retaliatory tariffs on $20 billion of U.S. products set to go into effect on September 8.

Democracy Now!

36,265 Aufrufe • vor 4 Tagen

BREAKING: Canadian Foreign Affairs Minister Mélanie Joly has confirmed that Canada will implement retaliatory tariffs against the United States. Tariffs will soon be placed on U.S. exports, including orange juice, peanut butter, wine, coffee, cars, trucks, steel, and aluminum. Joly stated that Canada is fully prepared to impose tariffs on up to C$155 billion worth of American goods in response to proposed U.S. tariffs. She emphasized, "Let’s be clear—we are ready. We are ready with $155 billion in tariffs." With a potential recession on the horizon for the US, this is only going to speed up our potential economic fall.

BREAKING: Canadian Foreign Affairs Minister Mélanie Joly has confirmed that Canada will implement retaliatory tariffs against the United States. Tariffs will soon be placed on U.S. exports, including orange juice, peanut butter, wine, coffee, cars, trucks, steel, and aluminum. Joly stated that Canada is fully prepared to impose tariffs on up to C$155 billion worth of American goods in response to proposed U.S. tariffs. She emphasized, "Let’s be clear—we are ready. We are ready with $155 billion in tariffs." With a potential recession on the horizon for the US, this is only going to speed up our potential economic fall.

Ed Krassenstein

2,722,726 Aufrufe • vor 1 Jahr

.United States Trade Representative Ambassador Greer explains the tariffs on a set of Canadian imports: "They banned the sale of U.S. liquor and other booze on Canadian shelves. They capped and limited the amount of autos that could be shipped [from] the United States from companies who were reshoring to the U.S., and they also continue to maintain limited space to market access for U.S. dairy ... and so it was a natural consequence, after a year of these measures being in place... for President Donald J. Trump to take action."

.United States Trade Representative Ambassador Greer explains the tariffs on a set of Canadian imports: "They banned the sale of U.S. liquor and other booze on Canadian shelves. They capped and limited the amount of autos that could be shipped [from] the United States from companies who were reshoring to the U.S., and they also continue to maintain limited space to market access for U.S. dairy ... and so it was a natural consequence, after a year of these measures being in place... for President Donald J. Trump to take action."

Rapid Response 47

155,798 Aufrufe • vor 1 Monat

🚨 JUST IN: PM Mark Carney is MELTING DOWN after learning President Trump intends to formally slap 50% tariffs on Canada in response to massive wildfires that harmed MILLIONS of Americans' health "Today, the United States administration announced its intention to impose a new 50% tariff on a significant number of Canadian goods." "This is the latest in a series of unilateral U.S. trade actions that began with the U.S. imposing a series of tariffs in direct violation of the Canada-United States-Mexico Agreement (CUSMA), the free trade agreement between Canada, the United States, and Mexico." Canada should pay damages for what they allowed!

🚨 JUST IN: PM Mark Carney is MELTING DOWN after learning President Trump intends to formally slap 50% tariffs on Canada in response to massive wildfires that harmed MILLIONS of Americans' health "Today, the United States administration announced its intention to impose a new 50% tariff on a significant number of Canadian goods." "This is the latest in a series of unilateral U.S. trade actions that began with the U.S. imposing a series of tariffs in direct violation of the Canada-United States-Mexico Agreement (CUSMA), the free trade agreement between Canada, the United States, and Mexico." Canada should pay damages for what they allowed!

Eric Daugherty

145,269 Aufrufe • vor 1 Monat