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If you're confused about the tariffs -- which ones are suspended? which are in place? what's been changed? -- just bookmark this page. The Bloomberg tariff tracker.
bloomberg.com/graphics/trump…
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Derek DeCloet
9K posts
Derek DeCloet
@decloet
Bloomberg News. Opinions are mine. Facts matter. Email: [email protected] or [email protected]. Signal: derek.83 (Header art: Joyce Wieland @ AGO)
Toronto, Canada انضم Mart 2009
4.6K يتبع7.4K المتابعون
*taps 🎤*
Guess who just got an incredible job after a VERY long five months?!?!?
GIF
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@carney @Brad_Setser Do you mean Section 301 tariffs or other tariffs still to be announced?
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Important.
Net effect of striking IEEPA/ reciprocal tariffs and doing the 122 with similar product exemptions should be a tariff reduction.
Rachel Ziemba@reziemba
EO imposing global tariff via section 122 of 1974 trade act maintains many most of the key exemptions- energy, critical minerals, fertilizer, most electronics, several food products, and autos (so not stackable on top the 232s) whitehouse.gov/presidential-a…
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Derek DeCloet أُعيد تغريده
It's quite amusing to see how many Americans are complaining about the time of the gold medal game.
Meanwhile, Canadians are just like, "Cool, beers at 5 a.m., it is."
It's not that hard.
Tim Healey@timbhealey
Somebody blew it big time by scheduling the men’s hockey gold medal game for 8 a.m. ET Sunday. That just can’t happen. You know it’s going to be U.S.-Canada. European time zones don’t matter. They should’ve worked the entire Olympics schedule around giving it a better slot.
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How much trouble might have been saved if everyone understood that tariff is just another name for a tax, and that they're not "paid by foreign countries"?
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Up-front cost of building the bridge to Canada=approx C$380 per Canadian household
Up-front cost to Americans=$0 per household
Jason Kenney 🇨🇦🇺🇦🇮🇱@jkenney
Fact filled take on the Gordie Howe Bridge from the conservative Republican former Michigan Governor who negotiated the bridge deal. As he points out, even though Canada paid for 100% of the bridge, Michigan owns half of it. As he says, "To my friends in Canada, thank you for financing the GHIB and for many other areas of friendship. Canada has been a stalwart partner on this massive project through multiple governments on both sides of the Detroit River. It is a big win-win for all of us." detroitnews.com/story/opinion/…
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Derek DeCloet أُعيد تغريده
I preserved over 13500 historical sites before the government could delete them.
heritageguide.ca
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I think that we should protect Canada’s sovereignty even if the government won’t. So I did something about it.
cbc.ca/news/canada/no…
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Derek DeCloet أُعيد تغريده
Sidewalk clearing on the Danforth. Almost 50cm on the ground.
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Derek DeCloet أُعيد تغريده
@ericjackson It's a shrinking industry (from an employment point of view) through automation. That's been true for ages. It's hardly a dead one.
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@decloet It’s a dying industry… face facts… with or without Trump, it will continue to shrink
Nobody has any ideas of new jobs to replace it. And our best and brightest get their diplomas and continue to leave to go work in the US
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Joe is right and here's more context from Canada 🧵
1 - Trump has threatened to crush Canadian auto plants, multiple times. ("We don't need their cars" etc.) There are a ton of jobs at stake in Ontario. Do Americans think Canada will just wait 3 years and see what happens?
Joe Weisenthal@TheStalwart
Who is the target for this kind of whining? They did it. It happened. It happened because Canada doesn't view the US as a stable trading partner, because of Trump. Come up with any story that you want.
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@ericjackson The jobs are not as good as gone, Eric. That's just not true.
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@decloet These auto jobs are as good as gone. Canadian politicians need to stop whining about it and face facts. What CAN this country actually be good at building in the next 10-20 years? No one knows. And that’s why it will keep sinking
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5 - The Trump administration's clear belief is that industrial manufacturing capacity in sectors like automotive is ALSO important to defense capacity.
So why is it surprising to Americans that other countries might believe the same thing?
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4 - Those who understand the industry know that if the assembly plants leave, the parts jobs will go too.
And so would a lot of advanced manufacturing knowledge and technology.
...
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@johnkonrad If that’s what he thinks is going to happen, I wouldn’t use “smart” as an adjective to describe him
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A very smart geopolitical strategist told me privately yesterday: the UK may be quietly selling off Canada to China to test two things, how it works, and how the U.S. reacts, before rolling up the rest of the Commonwealth into the CCP.
Canada’s the dry run.
I disagreed vehemently but he reminded me that he’s been more accurate in his geopolitical predictions than me.
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@conorsen @NashvilleBoxing Why do you believe this would destroy the Detroit OEMs?
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Derek DeCloet أُعيد تغريده
This video column was published exactly a year ago — but as the Greenland craze resurfaces again, let me republish it to push against the nonsensical idea that Greenland is important for the US for critical minerals. It is not!!!
@Opinion #Greenland
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Derek DeCloet أُعيد تغريده
For all of the MAGA North / alt right trolls who are angry about this, and want us to abandon Ukraine to Putin, just remember: you’re part of the 6% strongly opposed.
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