Tariffs Catch-All
- Thread starter BubbaOtis
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The Canadians and Danes boycotting American products
As anger grows over Trump's tariffs, apps and social media groups are helping people avoid US goods.
www.bbc.co.uk
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"My Canadian sellers are worried. They feel like they have to take a break from the U.S. for now and see where it goes," Alexandra DuPont, a broker who helps snowbirds buy and sell condos in Florida, tells Axios.
- She's working with about 35 Canadian sellers — more than three times the usual for this time of year — and no buyers.
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big pharm tryign to take advantage of the situation. Also LOL at "violating the Spirit of CUSMA..." Trump is wiping his ass with the CUSMA deal.
canadahealthwatch.ca
Firms including Pfizer and Merck urged U.S. trade officials to challenge Canada's drug pricing policy, which they say “devalues U.S. medicines.”
Why it's important: Trump’s trade war could be leveraged to force the Canadian government into aligning its drug pricing formula more closely with America’s, sending drug costs to patients (and insurers) sky-high.
A consortium of companies is arguing that Canada’s drug pricing violates the spirit of CUSMA, setting the stage for some particularly ugly negotiations. Canada’s Patented Medicine Prices Review Board sets price caps by comparing drug prices across a group of 11 countries. The U.S. used to be included in the pricing formula, but was removed from the group of comparator nations in 2022 — because U.S. drug prices are an insane global outlier.
Pharma giants push Trump insiders to target Canadian drug pricing
A vial of insulin costs far, far more in the U.S. than it does up here.
canadahealthwatch.ca
Pharma giants push Trump insiders to target Canadian drug pricing
Firms including Pfizer and Merck urged U.S. trade officials to challenge Canada's drug pricing policy, which they say “devalues U.S. medicines.”
Why it's important: Trump’s trade war could be leveraged to force the Canadian government into aligning its drug pricing formula more closely with America’s, sending drug costs to patients (and insurers) sky-high.
A consortium of companies is arguing that Canada’s drug pricing violates the spirit of CUSMA, setting the stage for some particularly ugly negotiations. Canada’s Patented Medicine Prices Review Board sets price caps by comparing drug prices across a group of 11 countries. The U.S. used to be included in the pricing formula, but was removed from the group of comparator nations in 2022 — because U.S. drug prices are an insane global outlier.
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Trump Adviser Releases Insane List of Demands for Tariffed Countries
Top White House economist Stephen Miran apparently wants free handouts from other nations.
newrepublic.com
Stephen Miran, chair of the Council of Economic Advisers, delivered a speech at the Hudson Institute complete with a to-do list for other countries looking to lighten the load that “unfair barriers to trade” and “unsustainable trade deficits” have supposedly inflicted on the United States.
Miran said that these factors had led to a “decline of our manufacturing workforce by over a third since its peak and a reduction in our share of world manufacturing production of 40 percent.”
It’s worth noting that while manufacturing employment has gone down, U.S. manufacturing output is up and nearing its all-time high of December 2007. Who exactly will actually work all of these hypothetical manufacturing jobs? No one seems to know! Trump’s own secretary of commerce said earlier this month that he planned to use automation to replace cheap labor, and the treasury secretary suggested Monday that maybe ousted federal workers could pick up some shifts.
...
For instance, countries could roll over and accept Trump’s tariffs without retaliation. “Critically, retaliation will exacerbate rather than improve the distribution of burdens and make it even more difficult for us to finance global public goods,” Miran said in his remarks.
Miran said that countries could “stop unfair and harmful trading practices” by buying more American products, specifically noting that countries could boost defense spending and procurement from the U.S. by “taking strain off our servicemembers and creating jobs here.”
He also suggested that countries invest in U.S. manufacturing and open factories in the U.S. “They won’t face tariffs if they make their stuff in this country,” Miran said.
Finally, Miran said that countries could “simply write checks” to the Treasury Department.
ChileG
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So, he is fucking over me and my family for his own ego, and @Callatoroy just can’t seem to understand why I (and others) might hate this man.
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‘Half the place would be blown to bits’: the Irish villages under threat from Trump’s tariffs
Cork’s pharmaceutical industry, vital to the local economy, is at risk as US trade policies threaten small towns reliant on the sector
Sildenafil, the active ingredient in Viagra, medicinal compounds for the treatment of cancer, rheumatoid arthritis, psoriasis, Crohn’s and Parkinson’s disease, all are manufactured within two miles of the deep port of Ringaskiddy in County Cork.
On the main road from Ringaskiddy to Carrigaline, on the back road to Curraghbinny, or down towards the white beaches of Lough Beg, the mammoth windowless plants of Pfizer, Johnson & Johnson and their private wind turbines are the main attractions.
After more than 50 years, however, it is all under threat after Donald Trump accused Ireland of stealing America’s pharmaceutical industry and vowed to “force” US companies, jobs and taxes to return home.
On Tuesday night, he renewed the threat, promising a “major tariff” that would send the pharma industry “rushing back” to the US, sending stocks of those US companies in Ireland, across Europe and India down.
This has concentrated the minds of local politicians, who have called on the European Commission president, Ursula von der Leyen, to visit the area. She met pharmaceutical companies in Brussels on Tuesday to hear that tariffs could “expedite” a shift to the US.
“If Pfizer and the others closed … the collateral damage would be huge,” said John Twomey, something of a local historian and treasurer of the local Gaelic Athletic Association in Shanbally, a tiny village a two-minute drive from Pfizer’s entrance.
“Half the place would be blown to bits, all the workers, the subcontractors, from the guys supplying the toilet rolls, to the farms supplying meat for the canteens.”
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China has pushed back once again to U.S. President Donald Trump’s tariff policies by hiking its levies on U.S. imports to more than 80%.
China’s Office of the Tariff Commission of the State Council said that tariffs on U.S. goods will rise to 84% from 34% starting on April 10, according to a translation of the announcement. This comes after the latest U.S. tariff hike — which brings levies on Chinese goods to more than 100% — took effect at the start of April 9.
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— Walmart on Wednesday pulled its outlook for operating income in the first quarter, citing uncertainty about the potential impact of sweeping tariffs on China, Vietnam and other key sources of goods across the globe.
In a news release, the discounter said it wants to “maintain flexibility to invest in price as tariffs are implemented.” It did not provide a new range for first-quarter operating income. It had projected an increase of 0.5% to 2.0% to adjusted operating income in the fiscal first quarter.
Walmart made the move the same day that President Donald Trump’s sharp tariffs took effect on significant manufacturing hubs that produce some of the goods that it carries. The duties began at 12:01 a.m. ET, including an expected 104% tariff on imports from China and a 46% levy on imports from Vietnam.
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Delta Air Lines won’t expand flying in the second half of the year because of disappointing bookings amid President Donald Trump’s shifting trade policies, which CEO Ed Bastian called “the wrong approach.”
Delta on Wednesday forecast its second-quarter revenue to decline up to 2% or grow as much as 2% over last year, while Wall Street had been expecting growth of 1.9%. The airline expects adjusted earnings per share of $1.70 to $2.30, compared with analysts’ estimates of $2.23 a share.
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Warped, blurred, senile old mind...
That combined with an unhealthy level of hate and need for retribution for every perceived wrong that old mind creates.
Mulberry Heel
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Trump's petty vindictiveness is a sometimes underrated aspect of his awfulness as a person, I think. And what's frightening is that right now most of his need for revenge is being aimed at either foreigners (non-citizens) living here or foreign governments, but I think it's inevitable that he's eventually going to use the full power of the federal government to go after his perceived enemies here at home. I don't think we've yet to see just how bad Trump's revenge tour is going to get.
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He doesn't care about Americans no possibility he cares about pet countries, outside of Russia.Just across the bay from the historic town of Cobh, the last port of call for the Titanic in 1912 on her ill-fated maiden voyage, lies the source of some of the world’s biggest life-savers and givers.‘Half the place would be blown to bits’: the Irish villages under threat from Trump’s tariffs
Cork’s pharmaceutical industry, vital to the local economy, is at risk as US trade policies threaten small towns reliant on the sectorwww.theguardian.com
Sildenafil, the active ingredient in Viagra, medicinal compounds for the treatment of cancer, rheumatoid arthritis, psoriasis, Crohn’s and Parkinson’s disease, all are manufactured within two miles of the deep port of Ringaskiddy in County Cork.
On the main road from Ringaskiddy to Carrigaline, on the back road to Curraghbinny, or down towards the white beaches of Lough Beg, the mammoth windowless plants of Pfizer, Johnson & Johnson and their private wind turbines are the main attractions.
After more than 50 years, however, it is all under threat after Donald Trump accused Ireland of stealing America’s pharmaceutical industry and vowed to “force” US companies, jobs and taxes to return home.
On Tuesday night, he renewed the threat, promising a “major tariff” that would send the pharma industry “rushing back” to the US, sending stocks of those US companies in Ireland, across Europe and India down.
This has concentrated the minds of local politicians, who have called on the European Commission president, Ursula von der Leyen, to visit the area. She met pharmaceutical companies in Brussels on Tuesday to hear that tariffs could “expedite” a shift to the US.
“If Pfizer and the others closed … the collateral damage would be huge,” said John Twomey, something of a local historian and treasurer of the local Gaelic Athletic Association in Shanbally, a tiny village a two-minute drive from Pfizer’s entrance.
“Half the place would be blown to bits, all the workers, the subcontractors, from the guys supplying the toilet rolls, to the farms supplying meat for the canteens.”
