(07-07-2018, 04:45 PM)Labster (#70 07-07-2018, 05:45 PM ) Wrote: In other news, I'm going full ursa major and pulled all of my money out of stocks yesterday.  Between trade wars, Robert Mueller, and Moviepass, I can't see the economy working out well in the next year, and I don't have the skill to pick winners in a down economy.

(12-22-2018, 09:46 PM)Rajvik Wrote: If my recollection is correct, he does have  ability to fire and appoint a new head of the fed, however, like any other appointee it has to get through the senate first. I could be wrong in this but I don't think I am.

Quote:Foreign Affairs Minister Chrystia Freeland told an interviewer in Davos this week that once the U.S. drops its steel and aluminum tariffs, Canada will too, "30 seconds later."

Until that day comes, the extra taxation is pretty lucrative for the federal government. Finance Canada says $839 million was collected in the six months leading up to Dec. 31 from retaliatory tariffs on imported American steel, aluminum and other products.

Canada didn't start this tariff spat, and from the prime minister on down every Canadian official says he or she wishes it would end. The tariffs on both sides of the border have disrupted supply chains and added extra costs for consumers and businesses across a wide range of industries.

All the same, the new revenue is on track to hit the $1-billion mark by the time Finance Minister Bill Morneau tables his final pre-election budget this spring.

Quote:The Republican Party has, for the most part, backed U.S. President Donald Trump through controversial policy announcements and Special Counsel Robert Mueller's investigation. But the prospect of supporting his proposed tariffs on all goods imported from Mexico seems a bridge too far.

Quote:Veteran Kentucky Republican strategist Scott Jennings chalks it up not just to the party's penchant for viewing itself as the party of free trade, but also for the simple fact that many conservative lawmakers will invariably perceive tariffs as yet more taxes.

Quote:According to the New York Times, Sen. Ted Cruz called the proposed tariffs a $30-billion tax increase on Texans.

"There's no reason for Texas farmers and ranchers and manufacturers and small businesses to pay the price of massive new taxes," Cruz told reporters Tuesday.

Senate Majority Leader Mitch McConnell warned Trump's tariffs would be met with opposition from Republicans.

(06-06-2019, 10:53 PM)Black Aeronaut Wrote: Ah yes.  Hitting them where they feel it the most: their pocket books.

Quote:The moment Donald Trump slapped tariffs on Canada's steel imports was the moment Justin Trudeau realized he couldn't take U.S. president at his word.

(08-25-2019, 02:56 PM)SilverFang01 Wrote: Last I heard he was complaining that the group just wanted to discuss niche issues like climate change.

(08-25-2019, 03:32 PM)Norgarth Wrote:

(08-25-2019, 02:56 PM)SilverFang01 Wrote: Last I heard he was complaining that the group just wanted to discuss niche issues like climate change.

As opposed to the Glory of Trump?

(09-05-2019, 06:55 PM)robkelk Wrote: This has happened so many times that it shouldn't even be news any more, but it keeps coming back...

NAFTA panel finds - yet again - that Canada's softwood lumber industry hasn't harmed U.S. producers