Canada announces retaliatory tariffs

CNBC ^ | 31 MAY 18 | Kevin Breuninger | @KevinWilliamB

[DCBryan1]

Canada will retaliate against new U.S. tariffs by imposing its own trade barriers on U.S. steel, aluminum and other products, Canadian Foreign Minister Chrystia Freeland said Thursday.

This story is developing. Please check back for updates.

[Buckeye McFrog]

1/10 our size. They are punching above their weight.

[COUNTrecount]

[deadrock]

I know. It was a rhetorical question aimed at the open border/free trader crowd.

[DCBryan1]

What a bunch of Hosers.

Like, take off, eh?

[sevlex]

Dang, no more skunky canuck beer!

[Sarah Barracuda]

Canada can enjoy their open border society..we don’t need their crap here

[tcrlaf]

Canadian Chrysler and GM plants shut down within a week. It is model turnover time, anyway.

[wally_bert]

Canada is practically the 51st or 58th state.

[blackdog]

Lebatts Blue and Celine Dione albums ain’t much hurt fellas.

[LostInBayport]

All they give us is stuff like Justin Bieber and Ryan Reynolds, so who cares!

[treetopsandroofs]

Love their 12 Days of Christmas.

[lurk]

That’s okay. Every country needs to do what is in their best interest. So bring it.

Of course, if a small economy decides to play hardball with their larger trade partners, they might want to consider whether they have the resiliency to take the shot.

[tcrlaf]

Canada, Mexico, and Europe want the threat of tariffs OFF the table, before they want to negotiate.

Which really means that they just want to slow roll the whole thing until Trump is gone.

OOPS...
Trump doesn’t play the game the way they want.

[Mears]

“All they give us is stuff like Justin Bieber and Ryan Reynolds————”

---

And my dear mother. :-)

.

[Darteaus94025]

There already is a trade war: other countries forbid imports from the US.

When they put a tariff on the US, it has a minimal effect on the US, as they don’t import much from us anyway, and the given the relative sizes of the two economies.

[blackdog]

We manufacture a consumer commodity product and stack it on pallets where it is then shipped to Canada, Where it is put into cases so they can claim "made in canada". The labor, machine process time, and raw materials are 35% cheaper here in the U.S.

Thirty thousand or so pallets a month. = 120,000 cases.

[tcrlaf]

CNN is unable to reach Terrance and Phillip for comment.

[MUDDOG]

trade barriers on U.S. steel, aluminum and other products

Just keep the door open to illegals fleeing the US.

[LostInBayport]

Um...what I meant to say, but didn't, was: Some of what they give us is stuff like Justin Beiber and Ryan Reynolds.

(I am told that my grandfather was from Canada, so perhaps I should have thought that post out a bit more!)

[miss marmelstein]

I’ve never seen rapeseed oil in a store. That’s the British equivalent to Canola.