UtakataNoAnnex
Senior Member
When you have a fascist narcissist ruling by edict on trade, this is bound to happen... /blehMan, with the whipsaw, on-and-off policy uncertainties on all sides, no wonder the markets are grumpy.
When you have a fascist narcissist ruling by edict on trade, this is bound to happen... /blehMan, with the whipsaw, on-and-off policy uncertainties on all sides, no wonder the markets are grumpy.
Ontario suspends 25 per cent export tax on electricity sent to U.S.
Ontario has agreed to suspend its 25 per cent surcharge on electricity exports to the U.S., a joint statement from Premier Doug Ford and U.S. Secretary of Commerce Howard Lutnick states.
The statement notes that Ford will travel to Washington on Thursday to meet with Lutnick and discuss “a renewed USMCA ahead of the April 2 reciprocal tariff deadline.”
The pivot comes after U.S. President Donald Trump said that he would double planned tariffs on Canadian steel and aluminum to 50 per cent in retaliation for Ontario’s energy export tax.
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Ontario suspends 25 per cent export tax on electricity sent to U.S.
Ontario has agreed to suspend its 25 per cent surcharge on electricity exports to the U.S., a joint statement from Premier Doug Ford and U.S. Secretary of Commerce Howard Lutnick states.www.ctvnews.ca
Ford is travelling to Washington with LeBlanc, so presumably they've been guaranteed something like a rewriting of USMCA.Weak. Just what did he achieve?
AoD
Ford is travelling to Washington with LeBlanc, so presumably they've been guaranteed something like a rewriting of USMCA.
Not arguing for or against it, just explaining the rationale.A guarantee from Trump's US? For a treaty that he himself had signed? Fooled me once...
AoD
And I think Alvin was explaining that the rationale makes no sense.
I think it does if you enter into these sorts of things in good faith. Under normal circumstances if you're entering into negotiations for an item that item is paused during negotiations, whatever it may be. Obviously the Americans aren't entering in good faith, but our side is. I think it's wrong to outright dismiss this as a bad idea depending on what comes out on the other side. Trump is obviously a lot of things but it seems as if Ford has made enough of an impression on him for Ford to try and make this effort. Ford isn't politically dumb.And I think Alvin was explaining that the rationale makes no sense.
I think it does if you enter into these sorts of things in good faith. Under normal circumstances if you're entering into negotiations for an item that item is paused during negotiations, whatever it may be. Obviously the Americans aren't entering in good faith, but our side is. I think it's wrong to outright dismiss this as a bad idea depending on what comes out on the other side. Trump is obviously a lot of things but it seems as if Ford has made enough of an impression on him for Ford to try and make this effort. Ford isn't politically dumb.
What's the walk-down strategy then? Just hold the line and continue escalation until Trump backs off entirely? That's not a strategy to minimize damage and not a strategy of de-escalation.What does good faith from our side even meant? Also at a fundamental level the country shouldn't be dealing with the US on a provincial level, because that invites a divide and conquer strategy. Kabuki aside, I have strong reservations about the loyalty of a number of our provincial premiers - the forementioned included.
AoD
What's the walk-down strategy then? Just hold the line and continue escalation until Trump backs off entirely? That's not a strategy to minimize damage and not a strategy of de-escalation.
It's better to talk to them. As long as they are talking and it feels like progress is being made, that is what matters. Until Ford grabbed headlines with the electricity issue, Canada appeared to be making 0 inroads with the US. This is the first time the US has even admitted a willingness to renegotiate USCMA.
If Ford and LeBlanc's meeting is proven to be a farce and the Trump Administration is not genuine in their desire to talk - turn the electricity tariffs back on.
I do agree that Ford is not in his lane here - but the Federal government is clearly a lame duck right now and like it or not what Ford has done has gotten inroads with the Trump Administration. He can go down with LeBlanc, let LeBlanc do the real talking. Ford is just the intermediary to get the meeting and actually get the Trump Administration rolling towards a negotiation.
I have less concern about Ford's loyalty than I do about Smith's. She's complaining about Ford joining 'Team Canada' in Washington while she is in Texas talking to the petroleum industry, then heads up to speak at a far-right fundraiser in Florida.I have strong reservations about the loyalty of a number of our provincial premiers - the forementioned included.
I have less concern about Ford's loyalty than I do about Smith's. She's complaining about Ford joining 'Team Canada' in Washington while she is in Texas talking to the petroleum industry, then heads up to speak at a far-right fundraiser in Florida.