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Trump has reinstated aluminum tariffs on Canada. So, get ready for another allied trade war?


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Just now, Littleronin said:

Man Trump is such a cuck to big aluminum. 

 

He is laser-focused on it for some reason. I think it's because of that one story he keeps telling about people smuggling in thousands of tonnes of steel or aluminum from Mexico and burying it in the desert or something. I think he thinks that Canadian companies are running an underground railroad (maybe literally) of giant ingots of aluminum, and selling them on the US black market. It's like his understanding of "steam" power vs magnetic rails.

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Deputy PM Chrystia Freeland has pointed out that NAFTA2 specifically opens the US auto manufacturing market to Canadian aluminum. So basically, Canada out-maneuvered Trump on NAFTA2, and he is only now figuring it out.

 

So the tariffs likely violate the agreement, and Canada can take the US to a tribunal and win damages (on top of the counter-tariffs)?

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3 minutes ago, CitizenVectron said:

Deputy PM Chrystia Freeland has pointed out that NAFTA2 specifically opens the US auto manufacturing market to Canadian aluminum. So basically, Canada out-maneuvered Trump on NAFTA2, and he is only now figuring it out.

 

So the tariffs likely violate the agreement, and Canada can take the US to a tribunal and win damages (on top of the counter-tariffs)?

 

1 hour ago, Jason said:

Trade wars are even better and easier to win when the economy is in the toilet. 

 

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Just now, Jason said:

 

 

 

From CBC article:

 

Quote

American business groups largely oppose Trump's plan, since it will raise costs of the metal for U.S. manufacturers, who will have little option but to pay the tariff and import the metal anyway because the U.S. does not produce enough of the metal to satisfy domestic demand.

 

So Americans will pay more...and Canadian companies will still get paid. A true American victory!

 

https://www.cbc.ca/news/business/trump-aluminum-tariff-1.5677036

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1 minute ago, CitizenVectron said:

 

From CBC article:

 

 

So Americans will pay more...and Canadian companies will still get paid. A true American victory!

 

https://www.cbc.ca/news/business/trump-aluminum-tariff-1.5677036

 

Seems like a good time to re-up this: https://www.politico.com/magazine/story/2018/06/01/donald-trump-deals-negotiation-art-of-deal-218584

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Canadian government consulting citizens and businesses: What do you want us to put tariffs on?

 

Quote

The consultations list includes:

  •  Household washing machines, not including machines which both wash and dry, of a dry linen capacity not exceeding 10 kg, fully-automatic
  •  Bicycles and other cycles
  •  Bicycle wheels
  •  Golf clubs, complete
  •  Articles for sports and general physical exercise (e.g., bats, hockey sticks, playground equipment)
  •  Refrigerators, household type, compression type
  •  Monopods, bipods, tripods of aluminum
  •  Embossed aluminum cans for use in the packaging of beverages
  •  Metal furniture of a kind used in offices
  •  Aluminum ores and concentrates
  •  Slag, ash and residues, containing mainly aluminum
  •  Aluminum tube or pipe fittings
  •  Aluminum doors, windows and their frames and thresholds for doors
  •  Aluminum containers for compressed or liquefied gas
  •  Aluminum nails, tacks, staples (other than those of heading 83.05), screws, bolts, nuts, screw hooks, rivets, cotters, cotter-pins, washers and similar articles

The remaining items are variations of those listed above. Freeland said it’s ironic that Americans will be negatively impacted by the tariffs Trump announced.

"Any American who buys a can of beer or soda or a car or a bike will suffer. In fact, the very washing machines manufactured at the Whirlpool plant where the president made his announcement yesterday, will become more expensive for Americans and less competitive with machines produced elsewhere in the world. "

 

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