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alberchico
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Has the US started a trade war with Canada ?

Tue Apr 25, 2017 10:15 pm

http://www.bbc.com/news/world-us-canada-39708779

So I guess Trump gets an easy victory regarding his promises to do something about unfair trade practices...
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wingman
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 2:03 am

NHL playoffs are on so any way you look at it it's wartime with Canadadia. But to your question I don't think Trump understands even half the shit he signs into executation on any given day. Kush and Spicer say "Bigly!" and Trump says "where's my uuuge Montblanc?"
 
photopilot
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 2:28 am

Oh hell, the softwood lumber dispute has been going on for 35+ years now, since long before Trump. It's flared up quite serious 4 times in those 35 years (this is the 4th flareup) and like the other times it will eventually resolve itself.
https://en.wikipedia.org/wiki/Canada%E2 ... er_dispute
Likely there will be NAFTA and possibly WTO claims filed by all sides in this dispute.
Oh, and as the USA is not self-sufficient in softwood lumber and requires about 30% of it's national supply to be imported, what is really going to happen is that prices for American consumers will rise by at least 20% and that will also affect American home prices. So the pressure is on both sides.
 
scudrunner
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 3:32 am

Canada needs to learn to diversify our customer base for all our exports. We are "bigly" dependent on the USA. With that said, it looks like Trump took a bag of cash from the lumber lobby in the swamp to kick off Blame Canada. What happened to Mexico? Too complex? Is North Korea not being the bogey man he hoped for?

Just as the yanks can set their industry up how they like. Canada can do the same up here. At the heart of the matter is most Canadian timber is logged on "crown land" and the logging companies pay a stumpage fee to the government as oppose to the USA with its private forests.

Good to know its business as usual in the swamp.
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TWA772LR
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 3:56 am

Canada has had that absolute advantage in maple syrup and hockey sticks for too long!
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StarAC17
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 2:13 pm

scudrunner wrote:
Canada needs to learn to diversify our customer base for all our exports. We are "bigly" dependent on the USA. With that said, it looks like Trump took a bag of cash from the lumber lobby in the swamp to kick off Blame Canada. What happened to Mexico? Too complex? Is North Korea not being the bogey man he hoped for?

Just as the yanks can set their industry up how they like. Canada can do the same up here. At the heart of the matter is most Canadian timber is logged on "crown land" and the logging companies pay a stumpage fee to the government as oppose to the USA with its private forests.

Good to know its business as usual in the swamp.


Yes we do and we have a huge opportunity as we have a Free Trade Agreement with Europe and are not combative with Asia.

To some this would be considered a competitive advantage and that is more than likely the reason why that the this has gone in circles. The WTO rules in Canada's favour, the US ignores the ruling and their is a settlement.

There is a joke I heard that Trump will put a tariff on auto parts and cars imported from Canada when he finds out that Auto companies don't have to worry about paying for the health care of the people they employ in Canada.

TWA772LR wrote:
Canada has had that absolute advantage in maple syrup and hockey sticks for too long!


With some of the talent the US is putting on the ice recently I have a feeling the US and Canada are going to be head to head in hockey for years to come and you will probably take a few golds in the Olympics.
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bmacleod
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 2:39 pm

Not just Canadian lumber and dairy...

He's taken shots at Chinese Steel, Japanese Auto parts...and now electronics from UK....

http://www.airliners.net/forum/viewtopic.php?f=3&t=1361385

More of a global trade war it appears.... :ill:
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JJJ
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 3:24 pm

StarAC17 wrote:
scudrunner wrote:
Canada needs to learn to diversify our customer base for all our exports. We are "bigly" dependent on the USA. With that said, it looks like Trump took a bag of cash from the lumber lobby in the swamp to kick off Blame Canada. What happened to Mexico? Too complex? Is North Korea not being the bogey man he hoped for?

Just as the yanks can set their industry up how they like. Canada can do the same up here. At the heart of the matter is most Canadian timber is logged on "crown land" and the logging companies pay a stumpage fee to the government as oppose to the USA with its private forests.

Good to know its business as usual in the swamp.


Yes we do and we have a huge opportunity as we have a Free Trade Agreement with Europe and are not combative with Asia.


Still you can't beat geography. For many products the US will always be their most important market if only because logistics are so much easier.
 
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Aesma
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 4:48 pm

I didn't know of this trade dispute. In France we have large forests yet somehow most wood for construction and furniture is imported. We don't use that much in construction though, as the typical French home is made of concrete.

Imposing a tax seems easy, until you end up in court because you hadn't the right to do it...
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LMP737
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 5:05 pm

Notice how Trump hasn't signed an executive order putting restrictions on H1A visas. Probably has something to do with Trump Inc using them to bring workers into the country.
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mham001
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Re: Has the US started a trade war with Canada ?

Wed Apr 26, 2017 10:31 pm

photopilot wrote:
Oh, and as the USA is not self-sufficient in softwood lumber and requires about 30% of it's national supply to be imported, what is really going to happen is that prices for American consumers will rise by at least 20% and that will also affect American home prices. So the pressure is on both sides.


I don't know where you get a full 20% rise from a 30% supply. But the Fitch Ratings agency said the tariffs should not result in material pressure for U.S. homebuilders, given that the increased cost per house would be around $850. http://www.reuters.com/article/us-usa-c ... SKBN17S1IG
 
scudrunner
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Re: Has the US started a trade war with Canada ?

Thu Apr 27, 2017 3:20 am

Trumps also complaining about dairy products.
http://www.theglobeandmail.com/opinion/editorials/globe-editorial-dear-donald-trump-please-milk-canadas-sacred-dairy-cow/article34785387/

Sounds like Trumps on to something with the milk though.

This editorial sums it all up for me.

Image
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YVRLTN
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Re: Has the US started a trade war with Canada ?

Thu Apr 27, 2017 3:22 am

Premier of BC is trying to ban US coal trains passing through metro Vancouver (its election time so she thinks that will be popular).

http://vancouversun.com/news/politics/b ... -b-c-ports
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bmacleod
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Re: Has the US started a trade war with Canada ?

Thu Apr 27, 2017 4:11 pm

scudrunner wrote:
Trumps also complaining about dairy products.
http://www.theglobeandmail.com/opinion/editorials/globe-editorial-dear-donald-trump-please-milk-canadas-sacred-dairy-cow/article34785387/

Sounds like Trumps on to something with the milk though.

This editorial sums it all up for me.

Image


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dtw2hyd
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Re: Has the US started a trade war with Canada ?

Thu Apr 27, 2017 4:47 pm

TWA772LR wrote:
Canada has had that absolute advantage in maple syrup and hockey sticks for too long!


Most of the maple syrup sold in US is high-fructose corn syrup. You have to go look for pure maple syrup if you want one.
 
StarAC17
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Re: Has the US started a trade war with Canada ?

Thu Apr 27, 2017 7:03 pm

JJJ wrote:
StarAC17 wrote:
scudrunner wrote:
Canada needs to learn to diversify our customer base for all our exports. We are "bigly" dependent on the USA. With that said, it looks like Trump took a bag of cash from the lumber lobby in the swamp to kick off Blame Canada. What happened to Mexico? Too complex? Is North Korea not being the bogey man he hoped for?

Just as the yanks can set their industry up how they like. Canada can do the same up here. At the heart of the matter is most Canadian timber is logged on "crown land" and the logging companies pay a stumpage fee to the government as oppose to the USA with its private forests.

Good to know its business as usual in the swamp.


Yes we do and we have a huge opportunity as we have a Free Trade Agreement with Europe and are not combative with Asia.


Still you can't beat geography. For many products the US will always be their most important market if only because logistics are so much easier.


Not arguing that and that is very important. I am not advocating that the US should not be Canada's number one trading partner but it should not be anywhere near as important to Canada's economy as it currently is.

This is especially true when we have a loose cannon that might rip up NAFTA within days or so he says.
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dtw2hyd
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Re: Has the US started a trade war with Canada ?

Fri Apr 28, 2017 9:57 am

I have a feeling Jared is worried about Justin.
 
bmacleod
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Re: Has the US started a trade war with Canada ?

Fri Apr 28, 2017 1:17 pm

StarAC17 wrote:
JJJ wrote:
StarAC17 wrote:

This is especially true when we have a loose cannon that might rip up NAFTA within days or so he says.


Now it appears he wants to give NAFTA renegotiation "a strong shot"....classic flip-flop Trump...

http://www.cbc.ca/news/politics/trump-trudeau-nafta-renegotiation-1.4088545
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LockheedBBD
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Re: Has the US started a trade war with Canada ?

Thu Jan 11, 2018 6:33 am

An update! Grap your popcorn! Luckily, I get to watch this North American duel unfold safely from afar. 8-)

NAFTA negotiations are in the toilet so the Canadians launched a whole bunch of WTO complaints against the U.S. today:

Source:
https://www.cnbc.com/2018/01/10/canada- ... urces.html
Government sources told Reuters they increasingly expect the Trump administration to announce its exit from NAFTA.
Reuters said the two sources expect the U.S. to pull out around the time negotiators meet in January for the final round of talks to modernize the treaty.



Source: http://www.cbc.ca/news/business/canada- ... -1.4480738
Canada has launched a wide-ranging trade dispute against the United States, challenging Washington's use of anti-dumping and anti-subsidy duties, according to a World Trade Organization filing dated Dec. 20 and published Wednesday. Canada appeared to be mounting a case on behalf of the rest of the world, since it cited almost 200 examples of alleged U.S. wrongdoing, almost all of them concerning other trading partners, such as China, India, Brazil and the European Union.

The 32-page complaint homed in on technical details of the U.S. trade rulebook, ranging from the U.S. treatment of export controls to the use of retroactive duties and split decisions by the six-member U.S. International Trade Commission.

U.S. trade representative Robert Lighthizer issued a rebuttal calling Canada's case an "ill-advised attack on the U.S. trade remedies system."

"Canada's claims are unfounded and could only lower U.S. confidence that Canada is committed to mutually beneficial trade," Lighthizer said in a statement. "Canada is acting against its own workers' and businesses' interests. Even if Canada succeeded on these groundless claims, other countries would primarily benefit, not Canada," he said.

Under WTO rules, the United States has 60 days to try to settle the complaint, or Canada, which sends 75 per cent of its exports to the United States, could ask the WTO to adjudicate.



Image



Source: https://leehamnews.com/2018/01/10/canad ... complaint/
"Canada files WTO complaint vs US over Boeing C Series trade complaint"
https://leehamnews.com/wp-content/uploa ... 011018.pdf



On a side note, some a.netters have expressed concern about Canadian oil pipelines in the U.S. It does appears that Canada is practically dumping oil into the U.S: http://business.financialpost.com/commo ... oser-to-20

Never mind $35 a barrel, Canada's oil is selling for closer to $20. As oil crashes through $35 in New York today, Alberta, which produces the world's cheapest oil at the highest cost, is already living with the reality of much lower prices


The U.S. should be supporting fair competition by purchasing oil at fair market prices from their comrades in Saudi Arabia, or by producing more oil inside the United States itself. I suspect a tariff against Canadian oil if the POTUS catches a whiff of this during his breaks from Twitter. :old:

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