Detroit despairs as ‘insanity’ of Trump’s Canada trade war punishes city

Detroit despairs as ‘insanity’ of Trump’s Canada trade war punishes city

Every day $1bn worth of goods crosses the river dividing Detroit, Michigan, and Windsor, Ontario, two largely blue-collar US and Canadian cities that have come to act as one in the creation of North America’s auto industry.

News this week of Donald Trump’s escalating trade spat with Canada has everyone worried. Political and economic leaders and observers labeled the move an act of “hubris” , blamed Trump’s “ego”, and called the escalation “insanity”.

“We don’t need Canada, they need us,” Trump declared.

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Canadians are about to find out what Carney meant by ‘sacrifices’ — and it’s not pretty

Canadians are about to find out what Carney meant by ‘sacrifices’ — and it’s not pretty

In the days leading up to Mark Carney’s first budget last fall, the prime minister delivered an address that included an ominous but vague warning about needing to make sacrifices in the face of American antagonism.

The budget came and went, and it was never made clear what Carney had had in mind. Now, Canadians are about to learn what his statement really meant — and it’s not pretty.

Most economic modelling of the fallout from the current trade war has shown acute pain in specific areas, as well as some mild, temporary hurt in the broader economy, followed by a recovery.

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Lutnick claims Canada pulled out of trade talks due to the Quebec election, Alberta refe

Lutnick claims Canada pulled out of trade talks due to the Quebec election, Alberta refe

OTTAWA — United States Commerce Secretary Howard Lutnick said Canada walked away from a trade agreement with the U.S. due to “political purposes” that involved Quebec’s upcoming provincial election and Alberta’s referendum.

“It was manufactured,” said Lutnick, during a press conference in Washington on Thursday. “So there’s the sovereignty party trying to run, and they’re in the lead in Quebec and so this was Mark Carney manufacturing something that would try to keep them from winning, and then you have Alberta has an independence resolution.”

Lutnick’s and the US version of events seems far more credible than the Carney con.

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Most Canadians support suspension of U.S. trade talks, poll suggests

Most Canadians support suspension of U.S. trade talks, poll suggests

OTTAWA — A majority of Canadians support Prime Minister Mark Carney’s decision to walk away from trade talks with the U.S., a new poll suggests.

Results of the Abacus Data poll also suggest a divide among Conservative voters, underscoring the challenges facing Conservative Leader Pierre Poilievre amid the ongoing Canada-U.S. trade turmoil.

Released exclusively to the Star, the survey asked respondents whether they believe Canada made the right call in suspending the trade talks on Friday, or if it should have accepted the terms offered by U.S. President Donald Trump’s administration.

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The art of inflicting pain: How to select targets for Canada’s counter-tariffs

The art of inflicting pain: How to select targets for Canada’s counter-tariffs

Like a fox trying to bring down a moose, Canada’s retaliation against the latest U.S. tariffs is a classic case of asymmetrical warfare.

That’s because the U.S. economy is about 12 times larger than Canada’s, says economist Trevor Tombe.

“It’s incredibly hard for a small country to move the needle in aggregate in the United States. That’s why it’s important to zoom in on specific states where possible. But even in these heavily affected states, the effects are small,” he said.

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Carney is delusional if he thinks he can beat Trump in a trade war

Carney is delusional if he thinks he can beat Trump in a trade war

Donald Trump’s threat to impose 50 per cent tariffs on certain Canadian goods, including alcohol, clothing and hockey sticks, became a reality earlier this month. The specific details of why the negotiations unravelled are still unclear, with both sides unsurprisingly pointing fingers at one another for being the culprit.

Yet, one thing has become surprisingly clear. Mark Carney, the Canadian prime minister, is delusional enough to believe his country will come out of this trade war from a position of strength. “We’re stronger now than when the United States started this trade war,” Carney told reporters at a press conference the day after negotiations fell apart.

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CBC not sure Canadians should be allowed to see the rejected U.S. trade deal – will consult with Imam for direction

CBC not sure Canadians should be allowed to see the rejected U.S. trade deal – will consult with Imam for direction

Conservatives want the Liberals to release the rejected U.S. trade deal. Should they?

Conservatives are calling on the Liberals to release the text of the U.S. tariff agreement that the federal government ultimately rejected last week. While one expert argues there is some merit to showing that level of transparency for the sake of national unity, others suggest it would ultimately hurt Canada’s negotiation position.

U.S. President Donald Trump slapped 50 per cent tariffs on hundreds of Canadian imports over the weekend after negotiators failed to secure some form of trade agreement — even though there were indications that progress was being made.

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Would U.S. tariffs actually change after Trump, or is this the new normal?

Would U.S. tariffs actually change after Trump, or is this the new normal?

As new U.S. tariffs sink into the Canadian economy, the idea of a prolonged trade war is something Canadians will need to get used to — even after President Donald Trump leaves office, experts say.

“I don’t see this changing any time soon. I don’t think this goes away magically when Trump exits the White House, and so for Canada, it’s wishful thinking to think we can hold our breaths and white-knuckle it for the next 24 or 26 months,” says political science associate professor Aaron Ettinger of Carleton University.

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Why Some in Canada Want Out of the F-35 Deal With the U.S.

Why Some in Canada Want Out of the F-35 Deal With the U.S.

The premier of British Columbia has an additional suggestion for Canada’s prime minister, Mark Carney, in dealing with U.S. tariffs: stop plans to buy as many as 88 American-made F-35 fighter jets.
Not long after Canada said that it would retaliate against President Trump’s sweeping 50 percent tariff on hundreds of Canadian exports with tariffs of its own, Premier David Eby questioned why Canada would pursue supplying its military with the warplanes.

“When your friend kicks you in the back, one of the first rules is you don’t then go and buy $12 billion of fighter jets from that person,” Mr. Eby said on Tuesday, citing roughly the cost of the first 16 airplanes. “It makes absolutely no sense,” he added.

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Trump signs executive order to rename Lake Ontario as Lake America

Trump signs executive order to rename Lake Ontario as Lake America

U.S. President Donald Trump signed an executive order on Thursday to rename Lake Ontario as Lake America, a change he said would take effect immediately.

A White House aide said the order directs the Department of the Interior and Secretary Doug Burgum to make the change.

One of the five Great Lakes of North America, Lake Ontario borders both the Canadian province of Ontario and the U.S. state of New York.

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Canada’s tough response to Trump’s trade war is winning fans in China

Canada’s tough response to Trump’s trade war is winning fans in China

In the wake of Ottawa’s forceful response to U.S. President Donald Trump’s trade war, the White House on Wednesday said Canada “is joined only by the People’s Republic of China in choosing retaliation over negotiation.”

It’s a strange parallel for Mr. Trump’s team to draw – given Beijing fought the United States to a draw last year, winning concessions and breathing room to further shore up its economy against future U.S. pressure – but one that has also been made in China itself.

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Ford backs Carney’s counter-tariffs and says ‘everything’s on the table’ in tough stance against U.S.

Ford backs Carney’s counter-tariffs and says ‘everything’s on the table’ in tough stance against U.S.

Ontario Premier Doug Ford has thrown his support behind Prime Minister Mark Carney’s retaliatory tariffs against the U.S., as tensions between Canada and the Trump administration continue to escalate.

Speaking at a media conference in Vaughan, Ont., on Wednesday, Ford said Carney had done the “right thing” by walking away from a deal with the U.S., and that the PM has his “full support in standing up for our country” by introducing retaliatory tariffs. He added that Canada is “going to fight like we’ve never fought before against President Trump.”

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Trade Compliance Word of the Day: ‘Transshipment’

Trade Compliance Word of the Day: ‘Transshipment’

Among the reasons for the most recent blowup in the trade negotiations between the U.S. and Canada is the issue of rampant transshipment, or, the transfer of goods or containers from one transport mode to another at a middle location on their way to a final destination, which Canada is allegedly not only tolerating, but encouraging, at the expense of not just the U.S. but the free world.

This is a challenge, not only because it’s the kind of industry jargon that makes a political issue difficult to discuss, but also because the word has multiple meanings, and not all are bad.

h/t patthedog

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