Tariffs Catch-All

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superrific said:
I didn't see the gender angle. I figured he defaulted to dolls because Ivanka was the only one he bought presents for.
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At first, I assumed something similar but they keep pounding it … girls with dolls and pencils, tell her it’s for the good of the country, do you want to go to war with foreign guns so a girl can have 30 dolls …
 
How could we win anything by doing a deal with the U.K? Trade surplus, and I think their tariffs were only 1% before all this.

Maybe a smarty reporter should ask Trump how he will measure success on the deal with the U.K? Our surplus will double or something?

And if trade surpluses are going to be the measure, then maybe someone should suggest to Trump that he ban oil imports from Canada. He'd then have a huge surplus and they would no longer be ripping us off. Success.
 
BlueSmoke said:
Trade surplus, and I think their tariffs were only 1% before all this.
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I doubt that after Brexit. I actually don't know whether the UK decided to keep EU level tariffs, or raised them again because their trade agreements are all expired.

Talking about "tariff levels" is a bit silly and the media coverage has indulged it. When we say 1%, we mean on average because tariffs on goods are extremely inconsistent. That 1% can be subject to a lot of fudging. If you divide trade by tariff paid, you can get a tariff rate -- but that's not the tariff at the margin. It's not necessarily what any good is tariffed.
 
Calheel said:
I thought I sufficiently qualified my explanation, but perhaps not. I was limiting my point to a simple mathematical matter -- and not considering anything else -- the trade deficit is subtracted from GDP

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The only reason imports are subtracted from GDP is because those imports should show up as positive contributions for business investment (including inventory) and consumption.

It literally is subtracted because imports should not add to GDP so they have to subtract it out since it appears elsewhere - assuming the numbers for all are reliable.

So from a pure math perspective imports should have no impact.

Now you could argue that imports reduce consumption of American made products but that is a more nuanced second order argument.
 
www.theguardian.com

Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff

There will be relief for UK carmakers but not much else to celebrate: Trump’s whims still hang over the UK – and the world – economy, says Guardian columnist Gaby Hinsliff
www.theguardian.com www.theguardian.com

'Once again, Starmer insisted, Britain and the US were “standing side by side”. Well, as side by side as it’s possible to be when one of you is in the Oval Office graciously removing your foot from the neck of the other one, who is listening anxiously in via video link while the new ambassador, Peter Mandelson, hovers oleaginously at the president’s shoulder. '
 
altmin said:
www.theguardian.com

Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff

There will be relief for UK carmakers but not much else to celebrate: Trump’s whims still hang over the UK – and the world – economy, says Guardian columnist Gaby Hinsliff
www.theguardian.com www.theguardian.com

'Once again, Starmer insisted, Britain and the US were “standing side by side”. Well, as side by side as it’s possible to be when one of you is in the Oval Office graciously removing your foot from the neck of the other one, who is listening anxiously in via video link while the new ambassador, Peter Mandelson, hovers oleaginously at the president’s shoulder. '
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Thanks for the link … pretty spot on critique/commentary.
 
globalnews.ca

Blue Jays fans send ‘a message’ with their money and boycott Seattle games - BC | Globalnews.ca

On Tuesday, Denny Heck, the lieutenant-governor of Washington, said his office had received information that reservations for the weekend were down by half.
globalnews.ca globalnews.ca

This weekend the Canadian invasion of Seattle by Toronto Blue Jays fans looks like it might be different than previous years.

Blue Jays superfan Arthur Gallant went to a game between his team and the Seattle Mariners last summer and intended to return for the three-game set this weekend.

However, when U.S. President Donald Trump started his 51st state rhetoric about Canada, Gallant said it didn’t feel right to cross the border.

“I have to put my country over my team and really send a message with my money,” he told Global News.

“It’s not personal, it’s not about the city themselves.

Data provided by the Whatcom Council of Governments comparing the number of B.C. licence plates crossing the border into Washington State found that in April 2024, 200,853 vehicles crossed, compared to 98,576 in April 2025.

As of Thursday afternoon, hundreds of tickets are still available for all three Blue Jays games in Seattle this weekend.
 
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Yesterday Trump claimed he was not open to lowering the tariff on China to kick-start trade talks.
 
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