RE:RE:RE:RE:Trump and tariffsI've gotta agree with you, the Chinese don't care. They'll still have a great customer in the USA.
Our problem is much bigger with the USA, than China's is with the USA.
We should have never dropped the tariffs and get into NAFTA. Thanks to Mulroney. He was a Canadian traitor. He sold us out. We had our independence as a country. Things like RE were cheep, and we had great wealth as a raw material distributer of our resources to the world including the USA. As soon as NAFTA was signed, I knew we had more to lose than the USA.
The Govt opened the door to US Industry & even retail and they took over Canada. Canada tried to get the Cash shortfall lost from the Tariff's by the implimintation of the GST, but that didn't work either. That just became more of a burden for the Canadian taxpayer, instead of the 20% foreign industry tax. Foreign Industry such as the US factories all left and the GST remained instead of the Tariff.
In fact the USA found another cheap foreign source for their citizens, while our country found inflation of goods & services. We are still dealing with GST, & now HST, and eventually the inflation that followed.
These are the type of mistakes that cause countries to fall. Thanks to the traitors like mulroney with no brains. I'm still trying to bring a cheap car from the US to Canada without GST or HST, & any other Tax, and other Can. Govt paper channels. NAFTA implementation in 1994 was the end of Canada's Independence. This is why I say that we're lead by incompetents.
The ultimate political joke now is, Trudope running a campaign on less Immigration for 2025/6. When he was the one that caused this Immigration crisis that lead to this housing inflation crisis in his terms of office. These politicians are just thieves, that are lining their pockets with money and are taxing the Canadian people to death. As for our other issue of too many bureaucratic jobs? We'll never be able to solve that one.
Letsmakemoredol wrote: BBDB859 wrote: I agree with your assessment on the tariffs under the USMCA Stock. But I think he'll scare the Chinese with Tariffs though.
stockitnow wrote: I think Trump won't. For one suppliers for all OEM are global and US is home to majority of them. It will hurt US economy the most. And if US does levy tariffs then expect EU, Canada and others to do same to US OEM.
This will include Boeing, and Boeing can use a lot of foreign sales. Tariffs will make it harder for Boeing to get back up.
Letsmakemoredol wrote: While I personally hate Trump being elected, it is a good thing for business, wealth and ultimately more business jets
The question is would he levy tariffs on business jets that would affect BBD? I have posted that I would think the wealthy could create an offshore corporation like the Bahamas to avoid tariffs since they have a team of accountants and lawyers working to keep their clients tax bill as low as possible
I'm not sure Trump would levy tariffs, what does everyone think? If he did it would make the stock dump hard if he did
859, I agree China is on the top of his agenda and I am really not sure the Chinese will care. Everything the USA (and Canada) buys is from China, seriously look at the labels, which means the USA consumer will ultimately see mass inflation
If I was China I would say go ahead, you are taxing your own citzens more. Where do you think your TV, computer, kitchen appliances, printers, furniture comes from bozo (Trump, not anyone here in case there is any confussion)