CAN-USA 2025 Tariff Strife (split from various pol threads)

[The Bread Guy]

Apparently half our banks already are American. It’s just the ones that want to exploit you more than regulations allow that are not getting in the door.

President @realDonaldTrump claims US banks are not allowed to do business in Canada. This is not true. In fact, there are 16 and they have $113-billion in assets. Canadian Bankers Association has sent us this statement and list #cdnpoli pic.twitter.com/PNH2ztRj9N

— Cormac Mac Sweeney (@cmaconthehill) February 3, 2025

You know, you being facty and everything is NOT going to improve the memes ....

 

[IKnowNothing]

Are you suggesting that “nothing” is what the response has been? Because I am pretty sure I have seen action at both provincial and federal levels.

My post was not directed at the federal or provincial government, it was directed at your sniping at any discussion of a negotiated off ramp.

You know, you being facty and everything is NOT going to improve the memes ....

Facty like pointing out that said statistics without context are pure spin, and that an aggregate 113billion in the context of Canadian banking is trivial?

Banking Industry Statistics in Canada | Made in CA

The banking industry in Canada is an essential contributor to the country’s economy and a major employment sector. Banks are also an integral part of our everyday lives, with 99% of Canadians having an account with a financial institution. We trust the banks to keep our money safe, to purchase...

madeinca.ca

 

[Czech_pivo]

Or they're figuring out how to spin bad news.

But I do think the news will be bad.

I can't see Team Red doing a 180 degree turn at this point. They are so out to lunch they don't know that the food has been cleared, the guests have left, the restaurant is closed and they have been stuck with the bill and have been locked in overnight in the building.

 

[Fishbone Jones]

Are the clouds in your sky always black? lol

Unfortunately I have a habit of looking at the worst scenarios so I can surprise myself if the news is better. I know it's not a healthy habit, but on the flip side, I'm seldom disappointed when I get things right.

 

[Czech_pivo]

Unfortunately I have a habit of looking at the worst scenarios so I can surprise myself if the news is better. I know it's not a healthy habit, but on the flip side, I'm seldom disappointed when I get things right.

I've built my career at looking for 'Black Swan' events over the last 10-12yrs - my family hates it.

 

[The Bread Guy]

... Facty like pointing out that said statistics without context are pure spin, and that an aggregate 113billion in the context of Canadian banking is trivial?

Banking Industry Statistics in Canada | Made in CA

The banking industry in Canada is an essential contributor to the country’s economy and a major employment sector. Banks are also an integral part of our everyday lives, with 99% of Canadians having an account with a financial institution. We trust the banks to keep our money safe, to purchase...

madeinca.ca

Well, naive, starry eyed me continues to go with what POTUS47 says - also without context as well as what some would consider pure spin: "Canada doesn’t even allow U.S. Banks to open or do business there."

So, who's lying, then?

 

[Remius]

Looks like a delay of 30 days on tariffs for Canada. Not yet clear on what was agreed to.

 

[Remius]

I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly…

— Justin Trudeau (@JustinTrudeau) February 3, 2025

 

[suffolkowner]

I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly…

— Justin Trudeau (@JustinTrudeau) February 3, 2025

so he spun some unicorn dust up the Trumpers ass?

Where are we getting 10000 from

 

[McG]

My post was not directed at the federal or provincial government, it was directed at your sniping at any discussion of a negotiated off ramp.

So because I don’t endorse Appeasement, you believe I support doing nothing? Are you now saying the choice is between appeasement or doing nothing, some how while also acknowledging the governments were taking actions that were neither nothing nor appeasement?

A 30 day reprieve just means he will be back next month to shake-down for more lunch money. So long as he wants to fawn over Anschluss, it is time for Canada to leave that abusive relationship.

 

[NearingZenith]

I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly…

— Justin Trudeau (@JustinTrudeau) February 3, 2025

It seems like Trudeau managed to get Trump to delay the tariffs without trade concessions unrelated to the Executive Order on Border Security, without resorting to some huge security theatre CAF deployment of thousands of troops, and without giving up our sovereignty. Give credit where credit is due, this is a good result.

If Trudeau had conceded too much now just to get a 30 day delay, we’d have no where to go when Trump comes back around in 30 days to ask for more.

 

[dapaterson]

So Trump is declaring victory based on regurgitating a previous announcement about $1.3B, creating another useless executive job in the PS, and creative math in counting border control personnel (most of which will be focused on Americans as the threat).

Dude is not the best and brightest.

 

[Fishbone Jones]

Justin Trudeau
@JustinTrudeau

"I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are and will be working on protecting the border.

In addition, Canada is making new commitments to appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada- U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering. I have also signed a new intelligence directive on organized crime and fentanyl and we will be backing it with $200 million.

Proposed tariffs will be paused for at least 30 days while we work together."

There, that wasn't hard was it.

Talk, talk always better than walk, walk.

 

[IKnowNothing]

So because I don’t endorse Appeasement, you believe I support doing nothing? Are you now saying the choice is between appeasement or doing nothing, some how while also acknowledging the governments were taking actions that were neither nothing nor appeasement?

A 30 day reprieve just means he will be back next month to shake-down for more lunch money. So long as he wants to fawn over Anschluss, it is time for Canada to leave that abusive relationship.

Posturing to best position us ourselves for an adversarial negotiation is just that- neither nothing nor appeasement. But in the context of actually finding a solution for the long term- said posturing and positioning without the negotiation becomes nothing.


That's easy to say when you and yours are looked after independent of the economy.

I fully agree with trying to reduce our economic dependence on the US . But thats a long term play. To follow your analogy- we need to buy some time and start squirelli g away money, finding someplace to go. Not escalate a shouting match into fistfight while the bastard is drunk are we're alone with him on an island

 

[Fishbone Jones]

So Trump is declaring victory based on regurgitating a previous announcement about $1.3B, creating another useless executive job in the PS, and creative math in counting border control personnel (most of which will be focused on Americans as the threat).

Dude is not the best and brightest.

Really? He got Canada, Mexico and Panama to cave.

 

[suffolkowner]

We told the kid throwing a tantrum that the Easter Bunny is real to get him to stop crying. Whats the next trick

 

[dapaterson]

Really? He got Canada, Mexico and Panama to cave.

How did we cave? Other than another useless public service position, what has changed?

 

[QV]

So Trump is declaring victory based on regurgitating a previous announcement about $1.3B, creating another useless executive job in the PS, and creative math in counting border control personnel (most of which will be focused on Americans as the threat).

Dude is not the best and brightest.

Well... that's one take I guess.

 

[Czech_pivo]

Justin Trudeau
@JustinTrudeau

"I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are and will be working on protecting the border.

In addition, Canada is making new commitments to appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada- U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering. I have also signed a new intelligence directive on organized crime and fentanyl and we will be backing it with $200 million.

Proposed tariffs will be paused for at least 30 days while we work together."

There, that wasn't hard was it.

Talk, talk always better than walk, walk.

So basically Trudeau and Team Red got schooled by the Mexicans on how to deal with Trump and Team.

 

[Fishbone Jones]

How did we cave? Other than another useless public service position, what has changed?

I guess all the things trudeau mentioned aren't real.