just time to clean out the cupboard and finish those old projects and organize your stash.
Well, I supposed my OCD and hoarding tendencies may have finally payed off!
I’m sure there are some bits here and there that I will need to find occasionally, but I probably won’t live long enough to build all the projects I have squirreled away 😎
I’m sure there are some bits here and there that I will need to find occasionally, but I probably won’t live long enough to build all the projects I have squirreled away 😎
Just wait for the dust to settle and supply chains to rearrange themselves. Some are going to make money in the short term, those that think in the long term will win.
Hi jenimitso,
No way!
I wouldn't start a company here! Between government intervention, unions and taxes, no flipping way! I ran a company for 16 years and wouldn't consider doing so today.
What Canada should do is say, okay. You don't want these items, we refuse to sell them to you. Contact Russia or China. Europe is willing to buy as well. We might add 15% to the cost of energy to make up the full 25% Trump wanted to add. May as well keep the money here. lol!
We have options. We don't have an intelligent PM.
No way!
I wouldn't start a company here! Between government intervention, unions and taxes, no flipping way! I ran a company for 16 years and wouldn't consider doing so today.
What Canada should do is say, okay. You don't want these items, we refuse to sell them to you. Contact Russia or China. Europe is willing to buy as well. We might add 15% to the cost of energy to make up the full 25% Trump wanted to add. May as well keep the money here. lol!
We have options. We don't have an intelligent PM.
And the US imports 4800 tons each from Kazakstan and Australia. Over 2000 tons each from Russia and Uzbekistan. No one is operating in a vacuum, and part of the tariff game is the assumption that others will end up supplying materials, which hurts the exporter (Canada in this case).
Or do those big numbers equal US leverage because Canada won't want to lose the business? Sources could shift on a whim if someone decides oil from the Middle East should replace oil from Canada. OPEC has been suppressing production pretty much forever, so there's extra capacity at the right price. Also, the US imports a lot of oil because of refining peculiarities. That could be addressed with enough political will and investment. If a country is currently supplying a lot of their oil production to the US, it's probably in their interest to not rock the boat too much.
Ultimately it's hard to say which tariffs will actually go into effect, how long they will last, and who the "winner" will be. I don't think everyone is playing the same game either, so both sides might view something as a win even if it doesn't make sense from an economic standpoint. In the present case tariffs seem to be a negotiating tool to achieve something else, so the real purpose may not be obvious at first glance.
Anyone can explain what is the benefit for the US installing a tariff?
What if Canada does the same?
Isn't it against the treaties?
What if Canada does the same?
Isn't it against the treaties?
To an extent, it is to encourage Americans to buy domestic made products and to force Canada to get control of alleged smuggling at the border. There seems to be more to it, but the benefit is nil.
The Canadian parliament has retaliated and imposed a 25% tariff on U.S goods and has been discussing a 10% upcharge on exported energy. We have several nuclear power stations supplying energy to northern U.S customers. This is not fair to those customers who are just trying to live their lives.
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I'd suggest Canada do the 10% upcharge on juice immediately. Those data centers are hungry beasts and Canada might as well benefit from the AI craze. Actually, I'd suggest 25% to match the tariff number. I bet even at 50% more (25% us import tax/25%Ca export tax) the datacenters would buy the power.
I think we are proposing a group buy from a boat or truck smuggling hammond output transformers.
Hey, dont lump us all into the same boat. I can assure you we're not "ALL-ONE", like it says on the Dr Bonners peppermint soap bottle. I didnt want this and frankly find it pointedly embarrassing to be an American right now.
I dont even like the American flag by my picture, as it is well associated with those of other-minds.
I'd say 20 years ago a co-worker and his wife took a vacation in Europe. They quickly realized the shift in attitude and treatment they were getting when they answered "So where you from?". He said "We just began saying we're Canadian" and the insta-cold shoulders stopped.
Trump has now backed down to Canada as well.
https://www.cbc.ca/news/politics/trudeau-trump-speak-trade-war-1.7448805
https://www.cbc.ca/news/politics/trudeau-trump-speak-trade-war-1.7448805
And now it looks like Mexico and Canada are paused. Nice to know but businesses like long term planning in years.
Look at the bright side.
Those of us who are holding new components just saw them jump in value over night.
Literally every resistor, capacitor, diode, and transformer on every shelf here went up in value substantially...
Good day to be holding more commodities, fewer dollars.
Those of us who are holding new components just saw them jump in value over night.
Literally every resistor, capacitor, diode, and transformer on every shelf here went up in value substantially...
Good day to be holding more commodities, fewer dollars.
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Then fewer business people should have backed a Presidential candidate with the attention span, not to mention the intelligence, of a gnat.
(I tried to be apolitical. Honest, I did.)
If you were charged a tariff today, I believe you were taken advantage of....
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