Tariffs announced on Canada, China, & Mexico goods

[heathrowinneo]

Japan and the US disagree about what’s in the trade deal. Not surprised.

Trump says the investment won’t be loans …




Japan says the investment will be loans …



And Japanese businesses invested far more than the announced amount in the US in 2023 …



Seems like the Trump administration is indulging in some hype.

I believe Kelleyanne Conway called them alternative facts. I'd go with the Japanese version.

 

[MajorRewrite]

TrumpTariffs are hitting automakers hard.

Stellantis faces $1.7B hit from US tariffs this year

Stellantis (STLA, STLAM.MI) has forecast that U.S. tariffs would cost it 1.5 billion euros ($1.7 billion) this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of 2.3 billion euros ($2.65 billion).

U.S. President Donald Trump’s tariffs cost the company 300 million euros ($346 million) in the first six months of the year, Stellantis said. During the period, U.S. shipments were down by nearly a quarter as the carmaker reduced the importation vehicles produced abroad.

The amount of money that Trump is taking from American businesses is staggering.

 

[butters]

after loudly insisting that there would be absolutely no more, nada, zilch, zero, diddly-squat extensions over tariffs, trump's being mocked again with the TACO Thursday meme:

“We have agreed to extend, for a 90 Day period, the exact same Deal as we had for the last short period of time, namely, that Mexico will continue to pay a 25% Fentanyl Tariff, 25% Tariff on Cars, and 50% Tariff on Steel, Aluminum, and Copper,” he added.

The reaction from some of Trump’s most fervent critics was swift, predictable, and Mexican food-themed, invoking the TACO nickname investors have bestowed on the president for his economic flip-flopping.

 

[ll74]

The economy for small business owners is that they can sell a product and in the middle of shipping that product to the consumer, the producer needs to account for 250% tariffs that the man baby implemented because Carney called him stupid.
Huzzah!

 

[MajorRewrite]

after loudly insisting that there would be absolutely no more, nada, zilch, zero, diddly-squat extensions over tariffs, trump's being mocked again with the TACO Thursday meme:

And the absolutely certain tariff starting date of August 1 is moved to August 7, because reasons.

Clown show.

 

[ll74]

 

[coati]

TACO Man's shtick is getting so tedious.

But Lit's MAGAts keep lapping it up.

 

[MajorRewrite]

Trump hit Switzerland with a punitive 39% tariff.

• Switzerland has a 0% tariff on imports from the US.
• Swiss companies are the 6th largest investors in the US, creating 400,000 jobs.

It will be interesting to see if Switzerland retaliates …

With the investment promises, and the zero tariffs, Switzerland had already offered everything it could. The only tactic now would be punitive - withdraw the investment offer, introduce reciprocal tariffs, and, the nuclear option, cancel Switzerland's order for US F35 fighter planes.

 

[MajorRewrite]

The chaotic nature of the TrumpTariff negotiations is highlighted in this article about Switzerland.

The Swiss had a deal with Bessent that was a low rate and excluded their pharmaceutical exports from tariffs. At the last moment, Trump threw a tantrum and squashed the deal.

 

[SkyBubble]

Tariffs are taxes. They work like value added taxes, passed along at each stage of the transaction. You and I pay them, and they're bad for the economy.

Yes, they might help American businesses increase market share, but at what expense? If you impose, say, a 25% tariff, the Aemrican producer can now raise prices 20%, undercut the foreign product, but still charge you more than before.

They MIGHT, in some limited circumstances, be effective foreign policy weapons, but they're always bad for the economy.

 

[ChloeTzang]

Meidas coverage on Trump and Canada....

Doug Ford makes a few good points in this one.....
- Canada is the USA's biggest market
- 9,000,000 US jobs are based on exports to Canada
Ontario alone is bringing billions of dollars worth of business back into Canada - Ford tells Canadians to "buy Canadian"

Stephen Harper
- says he was the most pro-American PM in Canadian history
- a year ago he would have advised this was a great opporunity to lean in and grow closer with the US
- Now: this is a wakeup call to Canada to diversify its markets
- Canada has grossly overweighted the US as a trading partnerand must diversify
- Security - Canada must be independantly responsible and not tied to the USA so closely
- It's not ideal, but the cat'sout of the bag, you can't put it back and this is the new reality

 

[ChloeTzang]

Canada Blocks Steel Exports - Ford Moves Entire Production Line to Canada​

The ripple effects of Trump Tariffs, which doubled in June 2025, are now becoming visible across factories and trade routes. And at the center of the shift stands Ford, quietly moving its Production Line to safer ground: Canada. This documentary explores how Canada Steel producers, facing rising costs and retaliatory risks, began holding back high-grade Steel Exports crucial to the U.S. auto sector. The result? Ford accelerates its relocation strategy, reviving older plants in Ontario and investing heavily in Canadian infrastructure. These shifts, made in response to Trump Tariffs, appear to signal deeper supply chain reorganization. Communities across Michigan and Ohio now face uncertainty, as Production Line disruptions take root. Meanwhile, Canada Steel mills gain new contracts, and Ford expands its EV and combustion projects northward — reshaping the manufacturing landscape. While Trump FURIOUS headlines dominate, questions grow about long-term U.S. industrial resilience.

In June 2025, a policy shift shook the auto industry. Trump Tariffs on Canadian metal doubled, leading to a dramatic shortage in Canada Steel — the backbone of U.S. car production. Without warning, the Steel Supply from Ontario and Quebec started drying up, and the effect was instant: Ford Prices began to climb fast, pushing popular models like the Maverick out of reach for many working Americans. As Trump Tariffs pushed import rates to 50%, automakers like Ford and GM struggled to adapt. Domestic mills couldn’t meet demand. U.S. Steel production lagged behind, while Canadian exports shifted toward Europe. Meanwhile, Steel Supply bottlenecks hit small suppliers, and large companies like GM were forced to rework their sourcing strategies.

In cities like Detroit and Cleveland, the impact of Trump Tariffs was visible: job cuts, halted lines, and record-breaking Ford Prices at dealerships. Consumers who once relied on affordable vehicles now find themselves priced out — while Canada Steel quietly redirects its resources to more stable markets abroad.

 

[ChloeTzang]

Canada CUTS OFF Lumber Exports to the U.S. – $33 Billion Lost Overnight!​

In a major shift in North American trade, Canada Lumber shipments to the U.S. are being scaled back — quietly but decisively. Following a sharp rise in Trump Tariffs, the value of lost U.S. Lumber supply has now surpassed $33 billion. As Canada Exports begin rerouting toward Europe and Asia, American builders and homeowners are feeling the pressure.

What triggered this disruption? In 2025, Trump Tariffs on Canada Lumber increased total duties to 27.3%, making many exports unprofitable. Rather than retaliate publicly, Canada began cutting Canada Exports to the U.S. — especially in the softwood sector. The result: delayed construction, rising housing costs, and a lumber shortage that has shocked the U.S. Lumber market.

Meanwhile, Canadian companies are investing in certified, sustainable production, targeting high-value markets abroad. In ports like Prince Rupert and Halifax, shipments once destined for the U.S. are now rerouted to Brussels and Seoul — marking a pivot in Canada Exports strategy. At the same time, Canadian firms are acquiring U.S.-based mills to legally bypass Trump Tariffs and continue limited U.S. Lumber supply.

 

[ChloeTzang]

Here's a not so obvious impact of Trump's Tariffs - Canada Cuts Potato Exports to U.S. - Carney Signs Billion Dollar Deal with Asia

Canada Potato exports to the U.S. have dropped by more than 40% in just one quarter — a move that’s now sending ripples across the North American food system. At the center of this change? Trump Tariffs, rising costs, and a bold new direction as Carney Signs Deal with Asia, worth over 1.6 billion Canadian dollars. This documentary explores how escalating Trump Tariffs have made Potato Exports from Canada increasingly expensive, leading processors like McCain to cut shipments and U.S. buyers to raise prices. Restaurants across the Midwest are now paying up to 35% more for frozen fries, while many Canada Potato farmers are shifting to new markets as Carney Signs a major trade deal with Asia to diversify trade.

Meanwhile, the long-standing reliance on U.S. buyers is weakening. Canada Potato growers in PEI and Alberta are reducing output as demand falls, while government officials quietly increase outreach to Southeast Asia. As Potato Exports to the U.S. decline, Carney Signs Deal with Asia is seen as a strategic pivot — giving Canada more leverage and fewer vulnerabilities in future trade talks.

 

[ChloeTzang]

Trump screwed over Canada's Potash......

Will Canada use potash as a strategic lever. Most of the world's potash comes from Saskatechewan. US agriculture is dependant on US potash.

 

[dmallord]

Pot Ass! How AbOut PoTaToes?

"Over 140,000 tons of potatoes, enough to supply 17 million U.S. households, have stopped crossing the border, driven by a U.S. tariff hike to 35% on Canadian potatoes. This has increased costs by 8–12 cents per pound, pushing retail prices for a 50-pound bag from $22 to $28–$30. U.S. consumers face higher prices for fries, while restaurants adjust menus or reduce portions."

 

[MajorRewrite]

Drug tariffs are going to 150% and then 250%.

 

[heathrowinneo]

Drug tariffs are going to 150% and then 250%.

make health care and pharmaceuticals unattainable for anyone and everyone not in the 1%

 

[Pad_Foot]

Which companies are paying the Trumplikkkans for all these "protections"
Do they have a prayer of meeting the needs of Americans... sorry... Amerikkkans?
I know that he had one of The Wall steel producers at the White House Dinner with the Guilianni's THUGS,
that guy is LOVING all these tariffs, but has HE raised his prices. Any good business man would!
We don't have any Carnegies in Amerikkka anymore. Well, I guess Microsoft and Google managed to monopolize pretty well.
Serious industry?? Name one!
The world can do WITHOUT our goods. Granted food prices will go up. Some will starve.
As long as those who are funding the Trumplikkkans are doing well, we are screwed.
The world will move on without us.

 

[SkyBubble]

The only reason the Big Government, tax-everything left is opposed to tariffs is becasue Trump is for them.

 

[MajorRewrite]

The only reason the Big Government, tax-everything left is opposed to tariffs is becasue Trump is for them.

The only reason that fake conservatives support protectionist tariffs is because they are MAGA sheep.

 

[domroger]

The only reason the Big Government, tax-everything left is opposed to tariffs is becasue Trump is for them.

Glad to see someone is happy to pay more to the government.

 

[SkyBubble]

The only reason that fake conservatives support protectionist tariffs is because they are MAGA sheep.

Some truth to that. Real conservatives oppose them (like Masie, for example.)