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Charitably, tariffs exist so POTUS can either lower taxes or increase jobs in US, but both would take time to pan out assuming things go well. So if a company i

Charitably, tariffs exist so POTUS can either lower taxes or increase jobs in US, but both would take time to pan out assuming things go well. So if a company is willing to onshore money or jobs, its achieving its intended purpose in their eyes.

janalsncm 2y ago
I believe the stated purpose of the latest round had to do with fentanyl precursor manufacturing.
- hatsix 2y ago
  I believe that's the Mexico/Canada Tariffs, but it's really hard to keep it straight, by design.
  - svachalek 2y ago
    No I think Mexico/Canada were largely about stopping immigrants and fentanyl smuggling. But China was targeted for not doing enough to stop manufacturing of fentanyl precursors.
- 3vidence 2y ago
  Sorry to say but that's already been walked back on after Canada committed $1 billion dollars for extra northern border security and it made no difference in the tariffs discussions. https://www.cbc.ca/news/politics/rcmp-border-patrol-canada-us-1.7446291 https://www.cbc.ca/news/politics/rcmp-border-patrol-canada-u... <- discussion of commitment from Canada https://financialpost.com/news/trump-says-tariffs-on-canada-mexico-going-forward-next-month https://financialpost.com/news/trump-says-tariffs-on-canada-... <- as of today (sorry for FT source but this is literally all across google you can just googla USA tarrifs)
  - georgemcbay 2y ago
    The idea that the Canadian tariffs were ever really about Fentanyl is patently absurd. 0.2% of all US border Fentanyl seizures were on the Canadian border. That's almost literally nothing.
    - alexandre_m 2y ago
      The Fentanyl numbers are nothing in comparison to Mexico, but that doesn't mean it's not a problem. Also it's not only about drugs, but also humans smuggling (https://www.cbc.ca/news/canada/fentanyl-dr-smuggler-1.7373486 https://www.cbc.ca/news/canada/fentanyl-dr-smuggler-1.737348...), and overall border security. - According to CIS, the number of Canadian crime groups producing synthetic drugs doubled between 2023 and 2024 - There's a lack of Canadian agents who are tasked at preventing this and current legislations make it very inefficient between federal and provincial law agents - There's an upward trend in Fentanyl seizures in Canada the last 2 years - Fentanyl is now being produced domestically in Canada All of that is within the control of Canada with better policies.
      - janalsncm 2y ago
        Let’s put it into perspective, because those numbers don’t give a baseline for what the problem is. Also they don’t necessarily have anything to do with trafficking. Last year there were 45 lbs of fentanyl intercepted crossing into the US from Canada. Thats a backpack. There’s 500x as much coming from Mexico. It’s unrealistic to expect that zero fentanyl will come into the US from Canada, and until that happens we will tariff all trade with them.
        alexandre_m 2y ago
        Zero fentanyl is a fantasy and will never be achieved. That thing is way too small and can be carried around too easily* Tariffs are just a lever to get things done on the international front. Canada has been neglecting security for a long time, so it's a wake-up call, and it's not a bad thing to put this out publicly to change things. CBSA only inspects about 4% (some sources say even 1%) of all containers that ship in Vancouver. Quebec-Vermont* border control has been a joke for years. * https://www.youtube.com/watch?v=Ug6Ryxza0tE https://www.youtube.com/watch?v=Ug6Ryxza0tE * https://www.montrealgazette.com/news/provincial-news/article676213.html https://www.montrealgazette.com/news/provincial-news/article...

janalsncm 2y ago

I believe the stated purpose of the latest round had to do with fentanyl precursor manufacturing.

hatsix 2y ago
I believe that's the Mexico/Canada Tariffs, but it's really hard to keep it straight, by design.
- svachalek 2y ago
  No I think Mexico/Canada were largely about stopping immigrants and fentanyl smuggling. But China was targeted for not doing enough to stop manufacturing of fentanyl precursors.
3vidence 2y ago
Sorry to say but that's already been walked back on after Canada committed $1 billion dollars for extra northern border security and it made no difference in the tariffs discussions. https://www.cbc.ca/news/politics/rcmp-border-patrol-canada-us-1.7446291 https://www.cbc.ca/news/politics/rcmp-border-patrol-canada-u... <- discussion of commitment from Canada https://financialpost.com/news/trump-says-tariffs-on-canada-mexico-going-forward-next-month https://financialpost.com/news/trump-says-tariffs-on-canada-... <- as of today (sorry for FT source but this is literally all across google you can just googla USA tarrifs)
- georgemcbay 2y ago
  The idea that the Canadian tariffs were ever really about Fentanyl is patently absurd. 0.2% of all US border Fentanyl seizures were on the Canadian border. That's almost literally nothing.
  - alexandre_m 2y ago
    The Fentanyl numbers are nothing in comparison to Mexico, but that doesn't mean it's not a problem. Also it's not only about drugs, but also humans smuggling (https://www.cbc.ca/news/canada/fentanyl-dr-smuggler-1.7373486 https://www.cbc.ca/news/canada/fentanyl-dr-smuggler-1.737348...), and overall border security. - According to CIS, the number of Canadian crime groups producing synthetic drugs doubled between 2023 and 2024 - There's a lack of Canadian agents who are tasked at preventing this and current legislations make it very inefficient between federal and provincial law agents - There's an upward trend in Fentanyl seizures in Canada the last 2 years - Fentanyl is now being produced domestically in Canada All of that is within the control of Canada with better policies.
    - janalsncm 2y ago
      Let’s put it into perspective, because those numbers don’t give a baseline for what the problem is. Also they don’t necessarily have anything to do with trafficking. Last year there were 45 lbs of fentanyl intercepted crossing into the US from Canada. Thats a backpack. There’s 500x as much coming from Mexico. It’s unrealistic to expect that zero fentanyl will come into the US from Canada, and until that happens we will tariff all trade with them.
      - alexandre_m 2y ago
        Zero fentanyl is a fantasy and will never be achieved. That thing is way too small and can be carried around too easily* Tariffs are just a lever to get things done on the international front. Canada has been neglecting security for a long time, so it's a wake-up call, and it's not a bad thing to put this out publicly to change things. CBSA only inspects about 4% (some sources say even 1%) of all containers that ship in Vancouver. Quebec-Vermont* border control has been a joke for years. * https://www.youtube.com/watch?v=Ug6Ryxza0tE https://www.youtube.com/watch?v=Ug6Ryxza0tE * https://www.montrealgazette.com/news/provincial-news/article676213.html https://www.montrealgazette.com/news/provincial-news/article...