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Bernardo de La Paz

(60,320 posts)
9. Another thing, Carney is keeping the power punches in reserve bc they hurt Canada & CUSMA still in place.
Sat Oct 25, 2025, 06:50 PM
Oct 25

tRump tariff taxes on US citizens are hurting his economy. Ten percent higher tariffs than 50 %, going to 60% will hurt US industry more than he realizes. Ford Motors was already concerned that a fire at a US aluminum producer is going to pressure Ford's inputs. The economic genius of the stable doesn't realize that raising 10% doesn't damage imports by 10%. The response curve is very steep above 25% tariffs.Ten percent extra tariffs does bigger economic damage than 10% because it is severe enough that more companies fold and everything gets harder to source and more expensive than 10% more.

CUSMA (USCMA) shields something like 84% of US-Canada trade. If tRump lets it lapse or cuts that off, then Carney can bring the hammer down on electricity and oil. Premier Ford is ready to shut off electricity, which would drive US rates through the roof on top of surging demand for data centres.

Shutting off oil would hurt Canadian unity and Alberta's Steele would exploit that chaos and Poilievre might not be able to resist either. Shutting off either or both would really hurt a limping Canadian economy and should not be deployed for feel-good vibes from virtual facial violence.

tRump has the CUSMA hammer and Carney has the oil-electricity hammer. Both are reluctant to use them, for good reasons on both sides.

Recommendations

2 members have recommended this reply (displayed in chronological order):

I'm still waiting for Carney to put his Elbows Up Fiendish Thingy Oct 25 #1
Refusing to play tRump's game or to react impulsively is showing good spine. Carney plays the long game. Bernardo de La Paz Oct 25 #8
It may take a poke in the nose to get TACO to back down Fiendish Thingy Oct 25 #10
Another thing, Carney is keeping the power punches in reserve bc they hurt Canada & CUSMA still in place. Bernardo de La Paz Oct 25 #9
10% more that US citizens will have to cover one way or another wolfie001 Oct 25 #2
These tariffs aren't taxing Canada, he's taxing AMERICANS who buy Canadian products FakeNoose Oct 25 #3
Once again, Trump thinks tariffs will be paid by another country. Aussie105 Oct 25 #4
If Canada stopped all US commercial traffic on multigraincracker Oct 25 #5
If grievance was fatal Hey Joe Oct 25 #6
- Lemon Lyman Oct 25 #7
This message was self-deleted by its author GP6971 Oct 25 #11
Not actually locked an hour later. . . . nt Bernardo de La Paz Oct 25 #12
Sorry...it's now on the Home Page and can't be Locked. GP6971 Oct 25 #14
Links don't work in titles, but they do work in Reply texts. Bernardo de La Paz Oct 25 #13
Uh! Oh! I wonder what the tariff will be on our HOA when he finds out what our Board voted for. Wonder Why Oct 25 #15
I just saw this commercial on TV! RainCaster Oct 25 #16
I bet when he saw that commercial popsdenver Oct 25 #17
Basing US policy on his hurt feelings. Smh. Pompoy Oct 25 #18
Carney tells ASEAN summit Canada respects trade rules, as Trump threatens new tariffs BlueWavePsych Oct 26 #19
Thankful the Presidunce has the Emergency Powers Act. DPS Oct 26 #20
I never dreamed how much of a difference tavernier Oct 26 #21
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