Will this help FHA?

Can US buyers compete?

Does Canada have a tariff on us exporting fur to FHA yet? Might sell local?

The list of tariffs Canada had on us before this all started seems unfair if that list was accurate. I’m trying to locate the list I’d seen in the past.

The last little bubble in fur prices we had 2010-2012 ish was a result of the fur industry evading tariffs in china, correct? And when they got caught they released everything all at once and destroyed the market if I got this right?

Striperfred I think your correct they got nailed for trying to avoid tariffs and things went south. The way it is going now is furs going into Canada I guess could be subject to a tariff any thing could happen. I remember one year flying out of Mexico we had to pay a duty or tax to leave! I guess Mexico or Canada or any other country can do what they seems if fair to protect them.

Somewhat. The tariff avoiders went to jail I believe, which disrupted the market. The tariff was in the neighborhood of 25%, I believe. So did price drop 25 % ? A bit more, due to other things like changes in dollar value and Russian sanctions and collapse in ranch mink prices. BTW the tariff on ranch mink was I believe only about 10 Percent. China does not have free trade agreement with the U.S. They were and are I believe currently MFN status.

So Trump is right in trying to get the tariffs lowered or eliminated?

You know we had tariffs on Chinese fur garments at the time. Is that what Trump is doing?

Shouldn't have to look hard to see all the zeros. Just look on your governments website, or ours...
https://www.cbsa-asfc.gc.ca/trade-commerce/tariff-tarif/2025/menu-eng.html

American buyers can find a way around any tariffs if there are any. I'm sure they know that.

Not the question, but no I didn't know that.

Wouldn't his stance about eliminating tariffs all together be a good yhing, both ways?

He has a stance about eliminating all tariffs?

He want's fair trade. We tariff you what you tariff us. So yes I think the goal is everyone trading with us with no tariffs either way.

No we do not, all raw fur being shipped into Canada is Tariff free, so far. Chart is below and the USA country code is UST.

Some on tanned garments and the highest is 15% on fake/artificial fur.

https://www.cbsa-asfc.gc.ca/trade-commerce/tariff-tarif/2025/html/00/ch43-eng.html#wb-auto-4

The other thing to remember about tariffs is they are charged to the buyer not the seller, so if you shipped something to Canada with a 15% tariff, the buyer pays it not you, the seller.

For example 25% tariff was just put on steel and aluminum coming into the states from Canada. The Canadian company sells it for $100, the American company pays $125, with $25 going to the Untied States Federal Government, its just another tax.

No idea how this would work in a fur auction house industry, the auction house has not purchased your furs but are selling it. Do the furs become Canadian when they are sold at a Canadian auction or does the origin remain American because they are just a middle man?

Such a simple concept to get countries to lower their tariffs, yet so difficult for people to understand.

If You find the list ...Pm it to me...Thx

I thought the importer ( which would be FHA out of WI ) had to pay the tax. I would assume that fee would be added to the deal like Cites. Since it is tax on value, how would they determine value before sold? This crap is starting to remind me of the dumb stuff done during covid. It never ends.

Worth repeating

"Former President Donald Trump stood by his idea to end income taxes and substitute them with tariffs in a Friday interview with Joe Rogan, the host of one of the most widely listened to podcasts in the world.

“Did you just float out the idea of getting rid of income taxes and replacing it with tariffs?” Rogan asked the Republican presidential nominee during their three-hour interview. “We’re serious about that?”

“Yeah, sure, but why not?” Trump responded.

“We will not allow the enemy to come in and take our jobs and take our factories and take our workers and take our families, unless they pay a big price. And the big price is tariffs,” the former president added."

I thought we were going to replace income taxes with tariffs. That would not work if the goal is zero tariffs?

The stories change too much.

Won't have to import it once the companies come back.

I personally wouldn't threaten tariffs if x country doesn't lower theirs, I'd put them on and say....if ya want them gone, yours go too.

Doug Ford just came out of a meeting with Langston or whatever his name is in Washington. Trump says one thing, his people say another. Dougie said it was a very positive meeting. Weird thing is that a premier is there instead of a federal representative……that’s the state of our liberal government.

The tariff rules will change by the month and by the country and it should. When other countries like Canada feels pain then of course the % and the very rules will change. And they should. Do not panic when you see the rules change on everything. It has too. And constant. We are in a fast paced world on economics , taxes , military plans , how we spend the tax money. Everything is up for change. The only thing you must and I mean must remember is we finally have a president that is looking out for Americans. I honestly think he will and is keeping his word on everything he campaigned on. The waste and fraud has been unreal that has been uncovered. Why not stop it. Plus other countries have not paid their fair share to protect their own countries. In the last 65 days Trump has forced our allies to spend an extra 800 Billion dollars on their own defense. 800 billion that we did not have to spend on these wine and cheese eaters around the world that take the whole summer off on paid holiday why you and I are running a assembly line. No more. You watch. Things are so good I watch the news Once a week now Instead of every 3 hrs. Life is good. I am sleeping like a baby now. Even the UAW president has seen the light on tariffs as of today. MD

I think it funny the tough guy stance canada is making IF WHAT I saw is accurate.( I don't care enough to verify it)

what I saw said around 1% of US gdp come from what gets sent to Canada but at or over 20% of Canadas gdp come from what they send to the US. Not hard to see where the leverage is. I'm suer it would be painful for the US in some areas but we can handle a fraction of a % loos to gdp( not all imports or experts would stop or even slow but if it did we could handle a 1% loss. But I don't think Canada or US could stomach a 20% loss to gdp very well.

Just random thoughts on a Saturday night.

The US gets somewhere in the neighborhood of 4.5 million barrels of oil a day from Canada.

That would be hard to replace without going to an OPEC nation.

dont forget 20 m cu ft natural gas a day
and enough electrical power for 4 states

duties are going in when it get warm and the AC are turned on way down to Nebrskaaaaaa

expect gas prices to rise 1$ a gallon soon

Is that Canadian or U.S. dollars?

We could start importing from Russia or Venezuela again?

The UAW liking protectionist tariffs. Who would have guessed?

I’m reading Canada is going to shut off pornhub,,,

That’ll teach you guys

The UAW loved Reagan when he did worse than tariffs, cut them off at x amount from selling here completely. And also slapped the tariffs to them.

https://money.cnn.com/2016/10/19/news/economy/trump-reagan-japan-trade-1989/index.html

I believe MN gets about 1% of our electric from Canada. We could make that up with a couple of generators from Harbor Freight !

That is true. The 70% of your natural gas thing isn’t so easily replaceable though.

We produce more NG than we use, I think we could find some.

like rat posted we prodes more than we use. YOU DONT have the infustructer built yet to get it to any other market yet having been played by the envermental crowd and not liking the cost to build the pipe lines. But I read those projects have been approved and deals signed to supply Europe so they can be less reliant on Russia. But pipeline take time to build.

You are correct, this is the same reason that you rely on ours currently. The pipeline infrastructure is lacking to ensure Midwest and northeast states use your production. It’s cheaper to import ours than build pipeline though. Sounds like we both better get busy building. Luckily for us though our new LNG plant near the BC coast will soon enough be exporting across the pacific after nearly a decade of construction.

There shouldn't be a tariff placed on the fur until it's sold and where it's sold to as you still own the fur and has not been sold yet, so if the fur gets sold to a country with no tariff's you shouldn't pay any, but if it's sold to one that does then you would pay it, it should be withheld by FHA when they write the check I would think.

We just energized a new 500kv line to you a few years ago, on top of the old 500 plus a 230kv line. Maybe 1% comes from Ontario?
A lot of the deals Minnesota has with Manitoba are for firm power, long term. It’s the surplus that you buy that could take a hit but probably won’t any time soon. We also import from you when your nuclear plants are cooling down after the evening rush for super cheap, it has to go somewhere while they’re ramping down. I like Dougies toughness, but I also like how our Canoe consulted with Manitoba Hydro on how electricity trading and NERC compliance works…lol

2poor consider that a lot of that power goes through Minn and down south and Minn make a tidy profit off of Neb and iowa
and during the hot summer those lines going south really hum for the Ac

10% comes across from WhiteDog generator in NW Ontario going into those lines crossing the Se corner of Manitoba

How's that working out so far......???

Back to basic economics . US gets 1% of gdp from sells to Canada Canada 20% of gdp from sells to the US. If both stopped cold turkey both will hurt in different areas. But the different is 20% will hurt much more and 2. The US can absorb the expenses and pain but also I'd larg enough to adapt and fill the shortage one way or another. Now that's if the number I saw were correct. They may not be I didn't take time to check them.

But none of it will stop it will just be some instability and higher prices short term. It will benefit both countries lighting the fire for both to be able to have alternatives. Like Canada selling their gas to Europe and building the infrastructure to do so that will make for a stronger more independent Canada. Same if the US is making it's own power and manufacturing capacity for critical supply's. I mean it's crazy how many of our drugs are made in China of all places. they can't even make kids toys without using lead paint and we are buying our drugs from them. If there is a conflict we need to be making our own stuff.

No Ontario transmission crossing in SE Mb. We even feed North West Angle with our own distribution. Kenora gets their juice from 7 Sisters after feeding a couple taps for Brerton Lake & Star Lake stations. That station you’re talking about must feed from the east side of LOTW?

I wonder if this will happen. Both sides wether you believe it or not need each other. If you think prices will go down because of all the tariffs you are sadly mistaken!

There may be a few diehard Trumpers that think prices will go down soon, but most of us know that's not true.

The question I have is, will it be worth it in the long run?

At this point I dunno, seems rather unlikely, but I can't say for sure.....

Tariffs worked in the past for funding .gov, income tax not needed. Why will they not work today? Is it because the U.S. dollar is now the gold standard or is because .gov has become to big and Americans are unwilling to endure the challenges of downsizing .gov?

In my opinion tariffs replacing income taxes to fund government is a lot of hyperbole. Remember the promise that on day one we'd pay no more tax on tips and overtime ... hasn't happened yet.

Hyperbole or not, before the progressive President Wilson, income taxes were not a thing. If it worked before why want it work now?

It could work. But I'm guessing it wouldn't because the government of today is a much different animal then the government back then.

Yes it may not happen at all but did you honestly believe I would before the first year or two? First tax code are mad the year before for the following year .and 2nd government is slow.

Just going by your post it seem like you expect it to be instant and done in the first 3 months in office or it's some kind of got ya. If so get real.

Edit. Personally I would love to see no property tax and no taxes on social security or military pay and tips before no taxes on overtime and that should say something considering I have never been in the military, am not on social security, and don't work for tips.and have always worked a lot of overtime. Only one of those I would benefit from immediately would be no property taxes.

But my preference are not because they would directly benefit me but they are ridiculous taxes and would benefit those individuals greatly.

And in order to pay for the government with tarrifs #1 the government would have to shrink greatly and actually pass and run on a budget. Not likely to happen enough for that to many love their pork and will fight it all the way. But I can only hope.

Tariff is just another word for tax. So any steel buyers in the US that are bringing in steel from Canada are paying Uncle Sam 25% or whatever it is. Just source your goods from within and it’ll be all good!

That's what I heard too. Seems fair to me.

So far. You mean in the past 2 months? Everybody wants instant gratification these days.

How high would they have to be? This is not a sales tax. It is a tax on only imported stuff. 24 percent of U.S. GDP is Federal spending. Before income taxes ( income tax and payroll taxes) it was like 3 percent of GDP. 70 percent of Federal spending is wealth transfer ( Social Security, Medicare, Medicaid ) Before income taxes that would have been around 0 percent of Federal Spending. Current income taxes don't even cover all the spending. Seriously downsizing spending would mean the people ( mostly old people ) who benefit from
the above three programs would have to accept a cut to these benefits. Good Luck!

Pull your big boy pants (or skirt) on, time to MAGA and be done with the liberal lunacy.

90 days, what have you accomplished in the last 90 days? I thought so.

If anyone is against a smaller Fed Govt and lower taxes after seeing the waste and bald faced fraud, first hand, your a communist, plain and simple.

Yea I could see that would be a problem.

In 2022 7% of people over 65 were on Medicaid, and for now SS is still positive cash flow. Just because the Feds count SS as income tax in the books doesn't make it so. They are going to have to raise the contribution of SS and Medicare to keep it going. Medicaid is just Obama care on steroids, as a side note , around 40% of all births in the US are paid for by Medicaid.

X2

Just the waste and fraud already exposed is enough to make a person sick, let alone what we'll never find out about. This was long overdue and there's no plausible reason for someone to NOT want it exposed!

As a side note over half of Medicaid spending. The amount spent in dollars goes to seniors. Mostly funding nursing homes.

P.S. I believe the payroll tax is based on earned income. ie an income tax?

Medicaid acts as a supplement for seniors and only kicks in if Medicare doesn't cover you and you have to apply and be accepted.

(per the wife who ran a nursing home)

What's AARP got to say about all this

"Medicaid pays 100% of nursing home costs in most cases if you meet eligibility requirements."

Endless Sources.

Read that closely a couple times if needed, The first sentence is very true albeit misleading if not understood, so read it after reading what the article says Medicare covers.

Then Medicaid covers what Medicare doesn't cover if you qualify and don't have a supplement (or assets) of your own.

Just copied this from an article. It backed up my thoughts. Now it claimed us growth would also be less but a fraction of a %
The OECD has more than halved its growth outlook for Canada for this year and next, while it expects Mexico to be pushed into a recession.

I’ve heard Mexico is in a mega drought and have to buy a lot of commodities to feed its population, that might lead to the recession.