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.