Tariffs: A Cautionary Tale

[BillyCoxDodgers3B]

Have any Americans here experienced anything similar lately in receiving orders from Canada? We've constantly been told that those tariffs have been placed on hold until a further date.

[carlsonjok]

Originally Posted by BillyCoxDodgers3B

Have any Americans here experienced anything similar lately in receiving orders from Canada? We've constantly been told that those tariffs have been placed on hold until a further date.

You are thinking of the broad tariffs on all goods imported from Canada (USMCA agreement notwithstanding.) The 25% tariff in play here, which broadly covers goods not covered in USMCA, is in response to the 25% tariff on Canadian steel and aluminum. Note that the US imports a lot of aluminum from Canada because aluminum production is very energy intensive, and Canada has access to a lot of cheap hydroelectric power.

[TUM301]

Oh No, Christopher Walken’s scene from Pulp Fiction just came to mind.