American companies that will benefit from tariffs?

[Mephistopheles]

 

There’s no way they’re going to make a dent without tackling the big 3. And neither side will touch health or social security. I’m really skeptical of a big cut at the Pentagon as well. But let’s see…

[Gregmal]

Was I misreading or did I see that Canada, despite all the whining about tariffs, is dishing out their own tariffs on Chinese products? So aggressively that now China is retaliating? Awfully hypocritical. Wonder if the Chinese are gonna pull maple syrup from the shelves to protest. 

[Spooky]

1 hour ago, Gregmal said:

Was I misreading or did I see that Canada, despite all the whining about tariffs, is dishing out their own tariffs on Chinese products? So aggressively that now China is retaliating? Awfully hypocritical. Wonder if the Chinese are gonna pull maple syrup from the shelves to protest. 

 

We don't have a free trade agreement with China like we do with the US. Also, while I don't agree with them, these are on Chinese EVs, similar to what you did under the Biden admin.

[Lazarus]

Canada put 100% tariff on Chinese EVs. And Canada's leftists also hate Elon now and there is a call from some of them to put a 100% tariff on Tesla EVs (e.g., by Chrystia Freeland, recent finance minister and 2nd place in the Liberal leadership race to replace Trudeau).

[Gregmal]

So tariffs for thee but not for me is the official Canadian position? 

[rogermunibond]

38 minutes ago, Lazarus said:

Canada put 100% tariff on Chinese EVs. And Canada's leftists also hate Elon now and there is a call from some of them to put a 100% tariff on Tesla EVs (e.g., by Chrystia Freeland, recent finance minister and 2nd place in the Liberal leadership race to replace Trudeau).

Mark Carney is the new PM

[dwy000]

24 minutes ago, Gregmal said:

So tariffs for thee but not for me is the official Canadian position? 

Canada put the levies on in August 2024, following and in support of the US and Europe who also put the same tariffs on China. 

Edited March 10, 2025 by dwy000

[Sweet]

21 minutes ago, Gregmal said:

So tariffs for thee but not for me is the official Canadian position? 

China has been engaged in some of the most unfair and discriminatory trade practices of any country in history over the last half century.  
 

From massive currency manipulation operated via a peg to the dollar, state run enterprises, dumping excess products such as steel into markets to wreck competitors, theft of IP, all while restricting access of their markets to western countries.  

 

Yet you want to ignore those obvious disparities so you can meme?

[Spooky]

28 minutes ago, Gregmal said:

So tariffs for thee but not for me is the official Canadian position? 

 

Look I'm trying not to get sucked back into this discussion. Canadians feel betrayed by the US - our economy is much more reliant on you than yours is on us. Blanket 25% tariffs on all goods to our largest trade partner will cause a sharp and severe recession. Trump has ripped up the USMCA that was renegotiated under his last term. What value is a trade agreement with the US if you will just turn around and throw away decades of work integrating our economies?

 

I am not a fan of us imposing tariffs but you comparing tarrifs on Chinese goods with what is happening between our two countries is just a false equivalence.

[Gregmal]

So much for the teeth behind that “we re gonna shut off your power” threat…

[dealraker]

The possible gains from tariffs are years out in the future.  The for certain pains from the tariffs are now.

 

I look for a couple jolts of significant economy and market declines even from this small descent in the last few days.  Might already be too late to stop it even with some changes; maybe so, maybe not.    

 

Most businesses will publicly lip service the gunna do it here thing and in the boardroom be whispering that the next boss will toss this stuff out the window, thus just lip it and skip it.

Edited March 11, 2025 by dealraker

[Cigarbutt]

17 hours ago, dealraker said:

The possible gains from tariffs are years out in the future.

Which gains?

I'd like to know, if possible, before my jurisdiction becomes your 51st state.

[dealraker]

10 minutes ago, Cigarbutt said:

Which gains?

I'd like to know, if possible, before my jurisdiction becomes your 51st state.

Sort of obvious that I don't believe tariffs have any benefit ever.  

 

 

Edited March 12, 2025 by dealraker

[Cigarbutt]

15 minutes ago, dealraker said:

Sort of obvious...

Thank you, i often have difficulty with what's obvious.

Tying to this thread and other related (and relevant?) threads, on a first-order level of thinking, some think that dollar-type stores may suffer from trade wars:

https://edition.cnn.com/2024/12/04/business/dollar-tree-tariffs-business/index.html

(apologies for the low quality CNN reference)

i wonder if domestic dollar stores would not have a bright future if beggar-thy-neighbour 'global' policies go on for a while?

[rogermunibond]

USTR $1.5 million fee on Chinese ships entering US ports is going to hurt US farmers the most

 

https://on.ft.com/4j7N6w1

 

Creating uncertainty on orders now, making US agricultural exports uncompetitive price wise, increasing imported fertilizer costs, does nothing to build US shipmaking capacity.

[Spekulatius]

54 minutes ago, rogermunibond said:

USTR $1.5 million fee on Chinese ships entering US ports is going to hurt US farmers the most

 

https://on.ft.com/4j7N6w1

 

Creating uncertainty on orders now, making US agricultural exports uncompetitive price wise, increasing imported fertilizer costs, does nothing to build US shipmaking capacity.

It’s just an additional tariff basically based on volume rather than value of goods.

 

Some ships are probably going to Canadian and Mexican ports and goods get via railroad to the US, to save the $1.5M.

Edited March 25, 2025 by Spekulatius

[Ulti]

https://paulkrugman.substack.com/p/worthwhile-canadian-observations
 

excellent read what do my blog friends up in Canada think 

[SharperDingaan]

18 minutes ago, Ulti said:

https://paulkrugman.substack.com/p/worthwhile-canadian-observations
 

excellent read what do my blog friends up in Canada think 

 

Canada is simply switching off the channel. Orange Boys daily antics largely ignored while we get on with building our own alternative solution.

 

Wouldn't have occurred without him, and we don't have to negotiate anything until CUSMA expires in 2036. The more toxic the US gets, the more we benefit; the change will be painfull, but our sons and daughters will all be materially the better for it. Can't say the same for the US.

 

SD

 

[rogermunibond]

@Spekulatius on the idea that US agriculture exports go through Canadian ports to avoid the USTR shipping fee, couldn't Canada tariff these loads or restrict access to Canadian ports to put more pressure on the US?

 

I don't see if as being a sure-thing win for Canadian ports and CP/CNI

 

 

[SharperDingaan]

25% tariffs on all foreign auto, and auto parts, simply guarantees high unemployment. Existing plants and supply chains are not going to move; simply because its both too disruptive, and Orange Boy will not be there in 4 years. Cheaper to just produce less and charge more.

 

So if you live in the US ...  you now drive a US car 'cause you cannot afford a foreign one; even if you like to drive the Jeep, Mustang, or the various Swasticars - mark yourself out as a poor person. And travel outside the US ... you'll see most people driving the 'foreign cars' .... driving home how poor you actually are. Way to go Orange Boy!

 

Third world nation stuff.

 

SD

 

 

 

Edited March 27, 2025 by SharperDingaan

[Spekulatius]

4 hours ago, SharperDingaan said:

25% tariffs on all foreign auto, and auto parts, simply guarantees high unemployment. Existing plants and supply chains are not going to move; simply because its both too disruptive, and Orange Boy will not be there in 4 years. Cheaper to just produce less and charge more.

 

So if you live in the US ...  you now drive a US car 'cause you cannot afford a foreign one; even if you like to drive the Jeep, Mustang, or the various Swasticars - mark yourself out as a poor person. And travel outside the US ... you'll see most people driving the 'foreign cars' .... driving home how poor you actually are. Way to go Orange Boy!

 

Third world nation stuff.

 

SD

 

 

 

American cars don’t exist any more, they all have plenty of foreign content. Prices will go up, there is no way around it.

Those that have little foreign content (Honda?) will raise prices too because they can. They would be stupid not to cash in. 

Edited March 27, 2025 by Spekulatius

[thepupil]

4 hours ago, SharperDingaan said:

25% tariffs on all foreign auto, and auto parts, simply guarantees high unemployment. Existing plants and supply chains are not going to move; simply because its both too disruptive, and Orange Boy will not be there in 4 years. Cheaper to just produce less and charge more.

 

So if you live in the US ...  you now drive a US car 'cause you cannot afford a foreign one; even if you like to drive the Jeep, Mustang, or the various Swasticars - mark yourself out as a poor person. And travel outside the US ... you'll see most people driving the 'foreign cars' .... driving home how poor you actually are. Way to go Orange Boy!

 

Third world nation stuff.

 

SD

 

 

 

 

while i do not agree with the policy, it's interesting to note that every google result for most popular cars in US is assembled in the US already

 

 

 

[thepupil]

interesting that Toyota is just as American as GM and Subaru and Honda are moreso than Stellantis or GM

 

Edited March 27, 2025 by thepupil

[Charlie]

1 hour ago, Spekulatius said:

Prices will go up, there is no way around it.

I bought a great used car some days ago for a very good price.  

So if someone need a good car in the next years, 

now could be the time to buy!!!

[Red Lion]

6 hours ago, Charlie said:

I bought a great used car some days ago for a very good price.  

So if someone need a good car in the next years, 

now could be the time to buy!!!

I’ve been thinking about this myself. Fairly happy with my car, but it might be time to get retired to one of the kids.