snyder616.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

Minnesota is now South Manitoba. I don't make the rules.

submitted 3 days ago • 754 comments

President Trump's ‘reciprocal’ tariffs make no sense. How is it in America’s national interest to let other countries decide what duties we pay? by Doug Irwin www.wsj.com/opinion/reci...

submitted 10 days ago • 0 comments

I’m told the tariffs Trump announces today will NOT go into effect today. There will be a time delay of some months, possibly an April 1 start date. This will be a presidential memorandum today not an executive order, and USTR will be tasked with developing next steps.

submitted 10 days ago • 7 comments

The high US premiums reflect a “distorted” market, said Tom Price, an analyst at Panmure Liberum, reflecting fears about a “starvation of supply”... “The US can’t switch to any other source in the short term,” he said, noting this was particularly the case for aluminium. www.ft.com/content/9d48...

submitted 11 days ago • 1 comment

Ford CEO Jim Farley will travel to Washington on Wednesday to warn members of Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the US auto industry

submitted 12 days ago • 60 comments

Here are my bullet points from the Proclamation Adjusting Imports of Steel. Obligatory warning: this is not legal advice. It is a hot take on a complicated document. 🧵 #tradepolicy #customslaw #lawsky www.whitehouse.gov/presidential...

submitted 12 days ago • 1 comment

Just now from the White House: a sweeping expansion of the steel and aluminum tariffs from 2018: - Upping tariffs from 10% to 25% on aluminum; keeping rate at 25% on steel - Re-imposing tariffs on allies that had negotiated side deals or quotas - No exceptions or exemptions

submitted 13 days ago • 6 comments

"the Center for Automotive Research calculated in 2019 that Section 232 tariffs on steel and aluminum from Canada and Mexico alone cost US light vehicle manufacturers almost $500 million per year (in 2019 dollars)" https://buff.ly/4hqSQAs

submitted 13 days ago • 0 comments

www.cbc.ca/news/canada/... 2 Edmonton software developers created Shop Canadian last weekend #BuyCanadian 🇨🇦

submitted 15 days ago • 20 comments

American lawmakers are pushing back against Trump's tariffs — and they hope Canada notices www.cbc.ca/news/politic... Find out more at nationalnewswatch.com

submitted 14 days ago • 0 comments

Great new Boston Fed paper examines how Trump's proposed Canada/Mexico & China tariffs would increase US prices (core PCE), looking at BOTH direct imports AND ones embedded in "Made in America" goods like pickup trucks: https://buff.ly/4aUm6Nj

submitted 14 days ago • 0 comments

And 62% of U.S. voters oppose placing new tariffs on goods from Canada...

submitted 14 days ago • 0 comments

Canadians opinion of the United States has been dropping ever since Trump got elected again Favourability tanked even more recently

submitted 16 days ago • 4 comments

PM of Canada tells business group, overheard on hot mic: Trump is dead serious about wanting to annex Canada. www.cbc.ca/news/politic...

submitted 16 days ago • 12 comments

I've said it before and I'll say it again: Misunderstandings about the causes of trade deficits lead to really bad trade policy.

submitted 17 days ago • 0 comments

Trump's trade pick gets an earful on Canada tariffs At Capitol Hill hearing, Democrats denounce the idea, Republicans voice unease www.cbc.ca/news/world/j...

submitted 17 days ago • 2 comments

A Nanos poll for Bloomberg found 82% support nationwide for Canada using export taxes on oil against Trump if he tariffs Canadian goods but exempts oil. Including 72% support among people in the prairie provinces (!) www.bloomberg.com/news/article...

submitted 17 days ago • 1 comment

submitted 18 days ago • 2 comments

It is hard to imagine a bigger gift to China than what Elon Musk is doing to USAID right now. It’s the backbone of all democracy aid in the entire world. The other funder remaining now? China.

submitted 19 days ago • 46 comments

(1/3) Some Early Lessons from the Trade War of February 1-3, aka the Groundhog Day trade war #1 The good news. The US govt decided not to levy the largest tax increase in a generation, which would have been very distortionary, hurting production, employment, and growth across North America.

submitted 20 days ago • 1 comment

Well said on the other site

submitted 20 days ago • 2 comments

Neither the mainstream press nor our political system seem to have digested the fact that the U.S. president is trying to illegally annex a NATO ally using economic coercion.

submitted 20 days ago • 285 comments

The leader of Ontario, Canada’s largest province: “We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy.”

submitted 20 days ago • 75 comments

This is a good analysis of what Canada is facing. This isn't just a trade spat. North America changed today. (Thanks to the friend who shared it) www.cbc.ca/news/world/t...

submitted 21 days ago • 3 comments

INBOX: PC leader Doug Ford confirms the LCBO, Ontario's alcohol monopoly and one of the world's largest purchasers of beer, wine and spirits, will pull US products from its shelves and catalog Grocery and corner stores will be unable to restock US booze

submitted 21 days ago • 74 comments

Canada accounts for about 60% of U.S. crude oil imports. If Trump's tariffs end up applying to that oil, that would likely cause gas prices to rise in the U.S., Canada's ambassador warns.

submitted 23 days ago • 147 comments

🚨 Trump’s exact words on tariffs. He was asked in the Oval Office whether the 25% tariffs are coming on Canada and Mexico. Trump: “That’s coming on the 1st. Saturday.” On oil too? “We may or may not. We’re gonna make that determination probably tonight. On oil….” /

submitted 24 days ago • 7 comments

"Canada is the biggest source of the United States mineral imports, providing key sources of uranium, aluminum, nickel, steel copper, and niobium....The consequences of tariffs would be particularly profound for the defense industry, nuclear energy, and heavy manufacturing." https://www.csis.org/an…

submitted 24 days ago • 1 comment

@chrystia-freeland.bsky.social on Canadian trade leverage over the US (starts at 1:47). www.youtube.com/watch?v=7q_W...

submitted 26 days ago • 2 comments

this is the crux of the problem with Trump’s ludicrous tariff threats: they are so over the top that domestic politics in a lot of countries will prevent them from backing down from a trade war because capitulating makes them look like a vassal state there’s no face saving available

submitted 28 days ago • 42 comments

Trump hits Colombia with tariffs, sanctions after it refuses deportation flights https://www.axios.com/2025/01/26/trump-deportation-colombia-gustavo-petro #axios #news #usnews

submitted 28 days ago • 0 comments

A problem with using tariffs for extortion is that every other country on earth knows you can do it again, and again, and again. The second they give in, they signal that tariffs are an effective way to get them to reverse or alter decisions, and they can never put that genie back in the bottle.

submitted 28 days ago • 18 comments

Massachusetts Governor Maura Healey told business leaders that President Trump’s plan to put tariffs on products from Canada and Mexico could spike electricity costs by as much as $200 million a year. "It’s terrible for Massachusetts' economy.” www.bostonglobe.com/2025/01/23/m...

submitted 30 days ago • 0 comments

Pin this, save it, we’ll need it. “When a prison camp opens in your town…when a DREAMer is disappeared from your classroom…when the President destroys what’s left of the Constitution…They will all say they didn’t know this was coming. And I want the American people to know that they did.” AOC 🔥🎯

submitted 32 days ago • 2388 comments

For anyone wondering what impact Trump's executive order on energy is likely to have on Inflation Reduction Act spending, this is one of the better rundowns I've seen so far. www.canarymedia.com/articles/pol...

submitted 33 days ago • 2 comments

If true, huge relief in Ottawa: WSJ reports Trump will issue a memo today “that directs federal agencies to study trade policies and evaluate U.S. trade relationships with China and America’s continental neighbors—but stops short of imposing new tariffs” www.wsj.com/politics/pol...

submitted 34 days ago • 3 comments

Americans oppose Trump’s tariff against Canada 2:1; support drops further when they consider the price of gas angusreid.org/trump-tariff... Find out more at nationalnewswatch.com

submitted 38 days ago • 0 comments