Harley Davidson just announced that because of the retaliatory tariffs, they will be shipping manufactoring jobs overseas.

Exactly! Most people are influenced by a friend or relitive as to what they think is right. Most of the time it is way out in left field! Look at all the goofballs that believe in a flat earth and some of the crap on the net!

That would come to nothing Boco. I own Canadian patents protections, what does that hurt America taking them from me? What's to say I do not have some things produced up there, licensing out the production rights and distribution rights up there? It only hurts Canada. it will be interesting to see how the shift if any in tariff relations concerning Ag products will effect the American Ag subsidies programs.

Osky

The tariffs are a bargaining powerplay to force unwilling trade bullies to concede a tiny bit of fairness. Like most fights, of course tariffs will hurt both sides. The U.S. has been tolerate of the trade abuse for too long. That is not to say the U.S. 100% without trade sin ourselves. The tariffs must stay along as trade partners insist on their way or the highway.

Before this all started India had a 100% tariff on Harleys, Trumps fault I'm sure. Was already asked to do away with all tariffs with the EU and Canada and they declined, wonder why.

tariffs hurt consumers, governments love them as a source of revenue and in today's twisted times that seems to be ok with people. its about as simple as that.

Tariffs result in higher prices and are usually passed on to the consumer.

Continued large slides in soybean, pork, milk, corn and wheat markets as the markets worry about their export markets and the reactions to those tariffs we are doing or planning. Having rural America lose 1 billion to 2 billion in market prices as a bluff is not the economy they hope to be in.

Bryce

No pain, no gain...

ol'dad

Yep!

no pain, no gain sure sounds an awful like collectivism to me. Things work best when individual consumers purchase products without undue smoke screens set up by governments to cloud the price signals. The serenity prayer comes to mind when I think of our 'collective' reaction to OTHER countries decisions on tariffs. "...accept the things I cannot change (other countries' import tariff policies), the courage to change the things I can (make our own country as free market as possible) and the wisdom to know the difference (it's still diddling with the free market even tho a republican does it)". Trade wars have generally been very unpredictable in their duration and outcomes thoughout history.

Tariffs WERE once used in this country as the primary means to fund the federal government prior to income taxes and the myriad of other taxes since invented. It would be fine, market wise,to implement tariffs across the board on all imports in order to fund government -if- other taxes were done away with and -if- there were a signal sent to the market that the tariffs were not punitive or reciprocal to select other countries tariff policies.

If all you see is smoke screens so be it.

To long in coming. JMO

There will be a huge hurt on your big drug companys,for one, If Canada annuls their patent protection here.They,under international treaty have been able to sell their product at a huge markup to their own people while supplying it cheap to Canada as long as Canada does not produce the same drugs and put them on the market.(why Americans smuggle drugs made in the states back from Canada at a huge discount).
Apotex is a huge Canadian multinational drug company that will definitely benefit.Canada wont take that step unless Trump rips up the auto agreements
China is also primed to remove all international patent protection on American high tech industrial trade secrets which china has been stealing anyway by not living up to their signed international treatys(like Trump is doing)

Trump spent much of the G-7 complaining about Canadian dairy tariffs, mentioning it repeatedly Friday during a leaders’ session on trade, one official said. He seized on one number in particular: Canada’s 270 percent tariff on certain products.

“People can’t charge us 270 percent and we charge them nothing. That doesn’t work anymore,” Trump said during a news conference at the summit. “The United States pays tremendous tariffs on dairy. As an example, 270 percent. Nobody knows that. We pay nothing. We don’t want to pay anything. Why should we pay?”

You fall and hit your head hippie? I swore I thought you were anti Trump?

Seriosuly though I love what Trump is doing, he is against the status quo, he is putting America first. Will it be easy or will it be perfect or complete in the near future? No, takes time to fix a screwup that has had a 50 year head start. There will be pains but it will work itself out.

Time tells all truths,

rump spent much of the G-7 complaining about Canadian dairy tariffs, mentioning it repeatedly Friday during a leaders’ session on trade, one official said. He seized on one number in particular: Canada’s 270 percent tariff on certain products.

“People can’t charge us 270 percent and we charge them nothing. That doesn’t work anymore,” Trump said during a news conference at the summit. “The United States pays tremendous tariffs on dairy. As an example, 270 percent. Nobody knows that. We pay nothing. We don’t want to pay anything. Why should we pay?”

We buy so little dairy from Canada that it matters little what the tariff is. Canada as a nation has 900,000 dairy cows, the USA has 9.3 million cows, here at WI we have 1.3 million alone. There is such a shortage of milk in Canada that two of the 10 largest dairy firms in the World are Canadian and the have located in the USA and buy and sell their milk in the USA. If our NAFTA agreements with Canada go down due to the dairy tariff that will hurt far, far more to the other industries then the dairy itself.
Trump is referencing the Grassland that lost a market to Canada for a very specific product they were making for a Canadian firm and they let go several dozen WI producers. Yes that is not a good thing but it was not a tariff issue it was a production issue. We have a significant shortage in manufacturing capacity for the milk we produce in the USA and it appears that our export markets which raised prices and created the increased production may be unstable at best and with no one wanting to invest 200-400 million in modern day high capacity processing plants finding a home for milk will be a huge issue for almost any producers. We had farms as large as 1200 cows losing markets to USA companies just recently and the end of that is not in sight.

Bryce

British industrialist Sanjeev Gupta’s GFG Industrials on Monday reopened a shuttered South Carolina steel plant in a move that will allow his U.K.-based firm to circumvent the Trump administration’s 25% tariffs on steel imports.

Liberty Steel, a London-based company owned by Gupta’s group, held a relaunch ceremony at Georgetown Steel Mill on Monday.

If tariffs are such a bad idea like all the textbooks and economists I read in paper say, then why do all these foreign countries have tariffs on our stuff and why are they instituting new retaliatory tariffs in response to our recent tariff on steel and aluminum to shore up our production of products critical to our national defense?

Why are tariffs such a bad idea for us, but much of the rest of the world is already doing it and seems to be doing it even more?

What happens when the government gets addicted to the extra revenue that the tariffs provide but then role them back because of future trade deals? Who will they turn to, to fund their coffers?