3274 replies to this topic

[Mike K.]

How is the worst businessman in the world able to wrap such a tight noose around one of the world’s premiere economists, central bankers, and corporate executives?

None of this aligns with the official narratives.

[dasmo]

Nothing aligns with the official narratives.

Fixed that for you. 

[Victoria Watcher]

 
CNN
Friday, October 10, 2025

 
Breaking News

News Alert: Trump says he’ll impose new 100% tariff on China ‘over and above’ current rates, massively escalating trade war

President Donald Trump said Friday he would impose a 100% tariff on China “over and above any Tariff they are currently paying” effective November 1 – massively escalating his trade war amid a heated dispute over export controls on rare earths.

Edited by Victoria Watcher, 10 October 2025 - 01:42 PM.

[Mike K.]

This should be when Canada steps up and negotiates supply deals to the US for our rare earth metals.

We are North American leaders in that regard.

[Victoria Watcher]

China will remove canola tariffs if Canada scraps EV levies: ambassador

 

 

 

China will remove its tariffs on Canadian agriculture — including on canola products — if Canada scraps its levies on Chinese electric vehicles (EVs), that country’s ambassador says.

 

“If Canada removes the unilateral unjustified tariffs on Chinese products, China will also reciprocate accordingly,” Wang Di said through a translator in an exclusive interview with CTV Question Period airing Sunday. “And if the EV tariffs are removed, then China will also remove the tariffs on the relevant products of Canada.”

 

Canada has had 100 per cent tariffs on all EVs imported from China since last October, following the United States’ lead. It was a move aimed at protecting domestic manufacturing and national security, according to the federal government at the time.

 

The previous government also said at the time that China engages in the unfair subsidization of its EV industry, which allows it to flood the market with its product.

Canada also has 25 per cent tariffs in place on Chinese steel and aluminum.

 

China has since levied tariffs of its own on Canadian agriculture, including notably on canola products, with a 100 per cent tariff on Canadian canola oil and meal and a 75.8 per cent tariff on canola seed.

 

“The question you have raised touches the crux of the problems in our trade relations,” Wang told CTV Question Period host Vassy Kapelos, when asked whether China’s tariffs are a direct response to Canada’s EV levies. “China’s tariffs on Canadian agricultural products are a countermeasure against the EV tariffs and the unilateral unjustified tariffs on China’s steel and aluminum products.”

 

“If Canada is ready to correct this practice, China will also respond accordingly,” he also said.

 

 

https://www.bnnbloom...ies-ambassador/

Edited by Victoria Watcher, 11 October 2025 - 07:26 AM.

[Victoria Watcher]

Manitoba Premier Wab Kinew is asking the prime minister to scrap Canada's 100 per cent tariff on Chinese electric vehicles in return for China lifting its tariffs on Canadian canola and pork.

 

Kinew says in a letter to Mark Carney on Saturday that while he believes protecting Canada's vehicle industry is important, he says the country's approach "has created a two-front trade war that disproportionally affects Western Canada."

 

The premier says in the letter that China's tariffs — widely seen as a response to Canada imposing the electric vehicle levy — have already caused a sharp drop in canola prices and that one vertically integrated pork producer in Manitoba is reporting a $19 million negative impact on an annual basis.

 

 

https://www.cbc.ca/n...-pork-9.6936340

Edited by Victoria Watcher, 12 October 2025 - 12:27 PM.

[LJ]

I agree, get rid of the tariff. Let the market decide if they want to purchase Chinese vehicles. Most of you are too young to remember when Japanese vehicles first entered the market. They were cheap and cheaply built and sold tons. Over the years they became the gold standard for vehicles by constantly upgrading themselves.

 

It won't worry Trump because he doesn't want any EV's anyway.

[Victoria Watcher]

The Trump administration is investing in Canadian critical mineral companies. But Ottawa can stop it

 

Deal could be subject to national security review

https://www.cbc.ca/n...anada-9.6932122

[Mike K.]

This should be when Canada steps up and negotiates supply deals to the US for our rare earth metals.

We are North American leaders in that regard.

Now CBC hopes we stop it?

[phx]

Most of you are too young to remember when Japanese vehicles first entered the market. They were cheap and cheaply built and sold tons.

 

I remember when Hyundai entered the market. They might only last 5 years before going to the shredder, but they were cheap enough to make them a good deal.

[Victoria Watcher]

I remember when Hyundai entered the market. They might only last 5 years before going to the shredder, but they were cheap enough to make them a good deal.

 

Yes, I recall.  It was quite novel.  Pony I guess was the first model.  I think they made a sport version too.

 

 

 

The Pony II was exported to Canada from 1983, where it was one of the least expensive vehicles on the market, and sales greatly exceeded expectations; initial projections for 1984 called for 5,000 sales, but the final total was 25,123,^[33] making it one of the top-selling vehicles in that country. The Pony was released for sale in Canada for the 1984 model year and sales ended in 1987.^[34] The Pony was sufficiently popular there that it was sold alongside the Excel until 1987 rather than being replaced by that vehicle as was done in some other markets. The Canadian version of the Pony was modified to meet local standards. Differences between the Canadian Pony versus its European counterparts were 8-kilometre-per-hour (5.0 mph) bumpers, sealed-beam headlights, side marker lamps instead of indicator repeaters (also in a lower position), and slight alterations in interior instrumentation and trim application.

 

https://en.wikipedia...ki/Hyundai_Pony

 

 

 

 

 

 

 

The Y2 Sonata was part of Hyundai's expansion in North America after the success of the Excel. It was introduced in South Korea on 1 June 1988.^[8] It was then introduced in Canada in September 1988 as a 1989 model, where it also entered production locally during 1989. It was presented on 14 November 1988 in the United States as a 1989 model, with sales beginning early 1989,^[9] and in March 1989 in Australia. 

 

https://en.wikipedia.../Hyundai_Sonata

Edited by Victoria Watcher, 13 October 2025 - 10:40 AM.

[LJ]

I remember when Hyundai entered the market. They might only last 5 years before going to the shredder, but they were cheap enough to make them a good deal.

You could find rusted hulks of Ponys in most neighbourhoods.

[Victoria Watcher]

Stellantis backtracks on plans to build Jeep model in Ontario, shifts to U.S.

 

Unifor, Prime Minister Carney speak out against decision

 

 

 

https://www.cbc.ca/n...anada-9.6938834

Edited by Victoria Watcher, 15 October 2025 - 01:21 AM.

[Victoria Watcher]

Canadian economy falling into recession thanks to Trump tariffs, Crown corporation forecasts

Export Development Canada is forecasting economic growth of just 0.9 per cent for 2025, inching up next year to just one per cent

https://nationalpost...tm_source=index

Edited by Victoria Watcher, 15 October 2025 - 09:31 AM.

[Sparky]

We were up in Chemainus on the weekend and I was a bit surprised to see the lumber mill still shut down. They closed in June but it was expected to get back on line by October 1 but that didn't happen. 

 

 

The story and photo credit is here. https://chemainus.co...own-until-2026/

[Mike K.]

My logging industry friends tell me the NDP’s blame game on Trump is beyond the pale. Their industry has been struggling for decades and especially so over the last decade, when policies began favouring more guidelines and restrictions. Even the ‘old growth’ debate has been hijacked and we can’t have a common sense conversation about the definition of old growth, and what it means to BC’s resource economy.

[Victoria Watcher]

'It's time to talk': Carney rules out hitting the U.S. with retaliatory tariffs

PM told Stellantis he is disappointed in company's decision to move production from Ontario to Illinois

https://www.cbc.ca/n...riffs-9.6940887

Edited by Victoria Watcher, 16 October 2025 - 01:08 PM.

[Mike K.]

The PM and Doug Ford keep meeting at Doug Ford’s house, where the press isn’t welcome.

[Victoria Watcher]

Canada Announces Investigation Into Paper Plates; Social Media Users Troll Govt; 'Feeling Very Much Safe'

https://timesofindia...w/124670534.cms

Edited by Victoria Watcher, 18 October 2025 - 01:29 PM.

[Victoria Watcher]

As the trade war grinds on, Team Canada is getting restless

 

Can Prime Minister Mark Carney keep everyone on the same page?

https://www.cbc.ca/n...lysis-9.6943077