Canada tariff to 35% as US announces new levies for dozens of countries

https://www.bbc.com/news/live/cpqvdxzwv22t

26•belter•20h ago

Comments

decimalenough•20h ago

Looks like the US is just trying to force Canada to back down from recognizing Palestine.

metalman•19h ago

apperently thats part of it, but the real issue is that Canadians, dont give a fuck sure it will be a lot(huge) amount of work to re tool for other markets, but those markets are there, and Canada is working at capacity, and for a lot of it, the US does not have another option, so the costs will fall on american consumers and in the cases of US manufactured goods intended for export, they may no longer be afordable, anywhere, even under threat, such as Canadian made parts going into US car factorys, that were intended for export.....to Canada, needless to say that is the reason that Toyotas stock is riseing

johng•18h ago

America needs no other country except in the short term. We can (given time and desire) produce anything that is needed. Why wouldn't we request that tariffs are fair in both directions?

cwillu•18h ago

“Fair in both direction”? Remind me, who negotiated the USMCA again? Some president starting with T… Truman? Thomas? No, I remember, it was Trump!

johng•18h ago

The new tariffs don't violate the USMCA, so I'm not sure what that has to do with it.

cwillu•17h ago

If something outside USMCA was unfair, why wasn't it part of the negotiation?

magicalhippo•18h ago

> Why wouldn't we request that tariffs are fair in both directions?

What's your measure of fair here? If country A imports $X from US, and US imports $Y from country A, which import tariff rates are fair in country A and in the US?

Just asking since Norway just got hit with a 15% tariff rate, and we're importing way more from the US than the US imports from Norway, and with a few specific exceptions we have no import tariffs here.

wkat4242•16h ago

Yeah it's so weird. Trump claims it's because of unbalanced trade but if the balance is in his favour it's still not good??

FranzFerdiNaN•15h ago

Why would you 'request' tariffs, that are being paid by American citizens?

Dig1t•15h ago

All corporate taxes are passed onto customers, you are just arguing against all corporate taxes. Taxes will fund the roads and Medicare/Medicaid.

Don’t you want the ultra wealthy mega corps to pay their fair share?

rsynnott•8h ago

Ah, the North Korea approach. Autarky always works out great.

willhslade•2h ago

I'm not trying to start a fight here but nobody wants to farm coffee beans or bananas in the USA and Canada does supply a lot of potash.

anonnon•15h ago

Canada's real GDP growth has been flat for a decade and its cost of living, especially of housing, has exploded, to the point that the median home price in Canada is almost $700k. The idea that Canadians in general (not just the rich boomers who own a home and maybe a condo on the side, and live off generous pensions) are better situated to weather a trade war with the US than Americans is the height of delusion.

Trump may have stupidly launched a trade war against the whole world, but his underlings cleverly engineered it as a prisoner's dilemma, where while it's in the interest of the world collectively to unite against the US, it's also in the interests of the individual to defect, and the sooner, the better, since the US made it clear that the longer you wait, the worse terms you'll get.

Canada should have made a deal early, e.g., before the UK. This will become painfully obvious soon enough.

FranzFerdiNaN•15h ago

There was a deal. It was signed by Trump in his first term. He tore it up like it was nothing.

You cant make a deal with Trump. He changes his position weekly, depending on what he saw on Fox News or who he last talked to.

anonnon•14h ago

> He tore it up like it was nothing.

From what I understand, goods exempt under the USMCA are still exempt.

EDIT:

> You cant make a deal with Trump. He changes his position weekly, depending on what he saw on Fox News or who he last talked to.

If you really believe he's an unpredictable Nixonian "Madman theory" president personified, then perhaps needling him with "TACO" (in effect mocking him for offering reprieves to facilitate further negotiation, and daring him to take threatened aggressive action up to and including bombing other countries) probably isn't the smartest track to take, especially knowing how much he values strength and how image-conscious he is.

watwut•12h ago

The worst thing you can do is to allow Trump to feel strong and that you are weak. Because is always abuses it to the maximum and always tries to bully for more.

He is unpredictable madman. But, he also tend to back off from challenge and daring him with aggressive action makes him back down.

anonnon•10h ago

> Trump to feel strong and that you are weak

Trump (and the US) is strong, and Canada (and other individual trading partners) are weak. How is that not painfully obvious at this point, especially given Europe's recent capitulation? Take the best deal you can get and hope he spares you from the kind of public humiliation to which he subjected Europe. Face it, orange reddit was wrong (again) about how this would play out.

Oh, I mentioned Canada's flat real GDP growth. It's also worth noting that 40% of their GDP is just real estate--a massive bubble and shell game.

watwut•7h ago

Europe was un-strategic there, simple as that. Trump will take advantage of that. But, USA is getting weaker and weaker ... and will continue to fall further. That being said, practically EU promised things it likely wont deliver, because structurally cant. And the tariffs on cars are at its benefit. So like, there is nice chance Trump will look strong (which is bad), but wont get much in the practical terms (and that is fully deserved).

Trump is fearful when challenged, he backs down. That is a fact. It does not even matter as much who is objectively strong or not. Trump nor current American leadership deals with facts. They are all about feelings.

anonnon•4h ago

> But, USA is getting weaker and weaker

Relative to China, perhaps. But surely not relative to Europe or Canada.

> Trump is fearful when challenged, he backs down. That is a fact.

Have you not been paying attention to the last nine years of American politics? Are you confusing him with LBJ?

belter•9h ago

[1] - "...The USMCA is the largest, fairest, most balanced, and modern trade agreement ever achieved. There’s never been anything like it. Other countries are now looking at it, but there can’t be a border like that because, believe it or not, that is by far the biggest border anywhere in the world, in terms of economy, in terms of people. There’s nothing even close..."

  - Trump commenting on USMCA deal - January 29, 2020

[1] - https://trumpwhitehouse.archives.gov/briefings-statements/re...

"...Why would our Country allow another Country to supply us with electricity, even for a small area? Who made these decisions, and why?..."

  - Trump commenting on USMCA deal - March 11, 2025

defrost•18h ago

It's not just Canada, Australia is weighing up recognition, Trump, and tariffs at this very moment.

  Meanwhile, the Albanese government has continued to mull when the best moment to push for recognition of a Palestinian state would be.

  The Sydney Morning Herald reports Australia’s tariff negotiations with the US could be affected by such a move, after US President Donald Trump lashed out at Canadian Prime Minister Mark Carney for announcing he planned to recognise Palestine.

  Trump warned in a social media post that the decision would “make it very hard for us to make a trade deal with them”.

  As SMH reporter Natassia Chrysanthos writes: “It complicates the dynamic as Australia tries to negotiate a favourable trade outcome with the US after Trump threatened to raise baseline tariffs on imports to the US, while supporting the international community in pushing for a two-state solution.”

  Her story said Australian officials were privately bracing for a 15% baseline tariff, which could be announced as early as today.

from: https://www.crikey.com.au/2025/08/01/asio-mike-burgess-aukus...

refers to: https://www.smh.com.au/politics/federal/palestine-recognitio...

cwillu•18h ago

Has anyone implemented a rng based on america's current tariff schedule? Seems like it should be pretty secure.

belter•9h ago

A proper random-number generator needs stationary entropy...current US tariffs policy delivers non-stationary pandemonium.

"...That said, this is unlikely to be the final word, as it still seems likely that some other countries will reach their own deals with the US, while there is a chance that the US courts will eventually strike down these tariffs..."

https://www.cnbc.com/2025/08/01/trumps-tariffs-rekindle-glob...

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