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Toronto stocks trade higher, loonie takes hit after Trump trade tirade

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demien3k5

Senior Member
Joined Mar 24, 2017
Messages 1,238
Amal Clooney was a refugee.

Must have been tough sledding for her when her rich, MBA-toting travel agent father and her journalist executive mother were forced to transfer all their considerable financial holdings to the UK before fleeing the devastation in Lebanon to place her in an exclusive private secondary school and eventually tone-y St.Hugh's for University. Oh, the horror of her refugee ordeal! :no:
 

Anonymous69

Senior Member
Joined May 28, 2013
Messages 1,213
Trump is being a bully again.

A Harley-Davidson should never be built in another country-never! Their employees and customers are already very angry at them. If they move, watch, it will be the beginning of the end - they surrendered, they quit! The Aura will be gone and they will be taxed like never before!

 

Urtain

Senior Member
Joined Feb 15, 2014
Messages 41
Patriots, our liberty is being threatened by DISRESPECTFUL DEMS. Stephen Miller was CALMLY eating his breakfast of seeds and cracked corn out of a PUBLIC bird feeder this morning when RUDE liberals with NO MANNERS approached him and drove him away with a broom.

Make no mistake, patriots: This is a slippery slope. We are descending into a shameless society with NO SENSE OF DECORUM where people are being IMPOLITE to government officials quietly lapping up sugar water at a bird feeder just because they have DIFFERENT OPINIONS about whether or not MIGRANT children should be TREATED WITH DIGNITY. CRUDE DEMS think that just because they DISAGREE with Stephen Miller’s STRONG policies about PUTTING IMMIGRANTS IN PRISONS that they can barge into his PRIVATE BIRD FEEDER LIFE and stop him from nibbling on NUTRITIOUS millet.

This is yet another example of LOW LIFE liberals lacking any semblance of DECENCY or CIVILITY, and we can guarantee that the HYPOCRITE LYING MEDIA won’t be covering the DEPRAVED DISCRIMINATION that Stephen Miller experienced while attempting to CHOW DOWN on LOVELY GRAIN at a bird feeder.

It has never been clearer: We need to PROTECT OUR FREEDOMS AND BIRD FEEDERS from the DISGUSTING LEFT!
 

Bruno

Senior Member
Joined Jan 13, 2011
Messages 13
Mid Continent Nail Factory, one of the country's largest manufacturers of nails, has seen a 50% drop in orders since June 1st. This is because of the tariffs against Mexico Trump announced, and the Mid Continent Nail Factory gets it's material from (you guessed it) Mexico.

Since 2012 the company had doubled it's workforce. Over 60 employees were laid off, and the other 500 jobs are at risk. The economy is booming - thanks Obama - but this company is going to go out of business.

But it doesn't stop there. It steamrolls. SEMO Boxing - which provides the boxes to Mid Continent Nail Factory - has seen a huge drop in orders for boxes, and now they have laid off people. You can bet local transportation companies have seen a hit too, as well as local restaurants - you can't eat out if you are laid off.



The best part is.... They still support trump.

“I know what affects me, and the tariffs are hurting me on a daily basis — I’d like to see relief,” Coffer told NBC News. “I still have faith in the president. I believe he knows what he’s doing and can turn everything around for us.”

They just don't get it. Their company doubled in size under the Obama administration as we came out of the recession, but no worries, trump will fix everything.

Trump'''s trade war might close down America'''s largest nail factory — but workers remain diehard Trump fans


 

Butch

Reviewer
Joined Aug 26, 2010
Messages 1,946
Countermeasures in Response to Unjustified Tariffs on Canadian Steel and Aluminum Products

Along with Aluminum and Steel, the following get a 10% tariff:

0403.10.10 Yogourt: Within access commitment
0403.10.20 Yogourt: Over access commitment
0901.21.00 Coffee, roasted: Not decaffeinated
1602.32.11 Prepared meals: Of spent fowl; Specially defined mixtures
1602.32.92 Other: Specially defined mixtures, other than in cans or glass jars; Spent fowl other than in cans or glass jars
1602.50.10 Of bovine animals: Prepared meals
1602.50.99 Of bovine animals: Other
1702.20.00 Maple sugar and maple syrup
1704.90.20 Liquorice candy; Toffee
1704.90.90 Other sugar confectionary
1806.31.00 Other chocolate, in blocks, slabs or bars: Filled
1806.32.00 Other chocolate, in blocks, slabs or bars: Not filled
1905.90.51 Pizza and quiche
2001.10.00 Cucumbers and gherkins
2007.99.10 Strawberry jam
2009.12.00 Orange juice: Not frozen, of a Brix value not exceeding 20
2103.10.00 Soya sauce
2103.20.10 Tomato ketchup and other tomato sauces: Tomato ketchup
2103.20.90 Tomato ketchup and other tomato sauces: Other
2103.90.10 Mayonnaise and salad dressing
2103.90.20 Mixed condiments and mixed seasonings
2103.90.90 Other sauces
2104.10.00 Soups and broths and preparations therefor
2202.10.00 Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured
2208.30.00 Whiskies
3304.30.00 Manicure or pedicure preparations
3305.30.00 Hair lacquers
3307.10.00 Pre-shave, shaving or after-shave preparations
3307.49.00 Preparations for perfuming or deodorizing rooms, including odoriferous preparations used during religious rites: Other
3401.30.00 Organic surface-active products and preparations for washing the skin, in the form of liquid or cream and put up for retail sale, whether or not containing soap
3402.20.10 Preparations put up for retail sale: Automatic dishwasher detergents
3406.00.90 Candles, tapers and the like: Other
3506.10.00 Products suitable for use as glues or adhesives, put up for retail sale as glues or adhesives, not exceeding a net weight of 1 kg
3808.91.10 Insecticides: In packages of a gross weight not exceeding 1.36 kg each
3808.92.10 Fungicides: In packages of a gross weight not exceeding 1.36 kg each
3808.93.10 Herbicides, anti-sprouting products and plant-growth regulators: In packages of a gross weight not exceeding 1.36 kg each
3923.21.90 Sacks and bags (including cones), of polymers of ethylene: Other
3923.29.90 Sacks and bags (including cones), of other plastics: Other
3924.10.00 Tableware and kitchenware
3924.90.00 Other household articles and hygienic or toilet articles, of plastics
4412.39.00 Other plywood, consisting solely of sheets of wood (other than bamboo), each ply not exceeding 6 mm thickness: Other, with both outer plies of coniferous wood
4412.99.90 Other: Other plywood, veneered panels and similar laminated wood
4802.56.00 Other paper and papecommunity, not containing fibres obtained by a mechanical or chemi-mechanical process or of which not more than 10% by weight of the total fibre content consists of such fibres: Weighing 40 g/m² or more but not more than 150 g/m², in sheets with one side not exceeding 435 mm and the other side not exceeding 297 mm in the unfolded state
4811.59.00 Paper and papecommunity coated, impregnated or covered with plastics (excluding adhesives): Other
4818.10.00 Toilet paper
4818.20.00 Handkerchiefs, cleansing or facial tissues and towels
4818.30.00 Tablecloths and serviettes
4822.10.00 Of a kind used for winding textile yarn
4822.90.00 Other bobbins, spools, caps and similar supports
4909.00.00 Printed or illustrated postcards; printed cards bearing personal greetings, messages or announcements, whether or not illustrated, with or without envelopes or trimmings.
7321.90.10 Cast iron grilles, of a weight not exceeding 3 kg, not further worked than as cast, cut and ground, for use in the manufacture of finished grilles for non-industrial non-portable stoves or ranges, for gas fuel or for both gas or other fuels; For appliances, excluding cooking appliances and plate warmers; For cooking appliances and plate warmers for gas fuel or for both gas and other fuels, excluding non-portable stoves or ranges (including those specially designed for use on boats)
7321.90.21 For non-portable stoves or ranges (including those specially designed for use on boats), for gas fuel or for both gas or other fuels: Cooking chambers
7321.90.22 For non-portable stoves or ranges (including those specially designed for use on boats), for gas fuel or for both gas or other fuels: Top surface panels
7321.90.23 Or non-portable stoves or ranges (including those specially designed for use on boats), for gas fuel or for both gas or other fuels: Door assemblies, incorporating at least two of the following: inner panel, outer panel, window, insulation
7321.90.24 For non-portable stoves or ranges (including those specially designed for use on boats), for gas fuel or both gas or other fuels: Oven pilot burners, top burners of other than cast iron, oven burners and lighter cones, for use in the manufacture of ranges
7321.90.29 For non-portable stoves or ranges (including those specially designed for use on boats), for gas fuel or both gas or other fuels: Other
7321.90.90 Other parts
8418.10.10 Combined refrigerator-freezers, fitted with separate external doors: Absorption-type, combination gas and electric powered, designed for permanent installation in recreational vehicles and for use in the manufacture of such vehicles
8418.10.90 Combined refrigerator-freezers, fitted with separate external doors: Other
8419.19.00 Instantaneous or storage water heaters, non-electric: Other
8422.11.90 Dish washing machines, of the household type: Other
8433.11.00 Mowers for lawns, parks or sports-grounds: Powered, with the cutting device rotating in a horizontal plane
8450.11.10 Machines, each of a dry linen capacity not exceeding 10 kg, fully-automatic machines: Household type, not including machines which both wash and dry
8450.11.90 Machines, each of a dry linen capacity not exceeding 10 kg, fully-automatic machines: Other
8450.20.00 Machines, each of a dry linen capacity exceeding 10 kg
8903.10.00 Inflatable boats
8903.91.00 Other: Sailboats, with or without auxiliary motor
8903.92.00 Other: Motorboats, other than outboard motorboats
8903.99.90 Other: Other vessels for pleasure, outboard motorboats
9401.61.10 Other seats, with wooden frames, upholstered: For domestic purposes
9401.61.90 Other seats, with wooden frames, upholstered: Other
9404.21.00 Mattresses: Of cellular rubber or plastics, whether or not covered
9404.29.00 Mattresses: Of other materials
9404.30.00 Sleeping bags
9404.90.10 Pillows, cushions and similar furnishings, of cotton; Quilts, eiderdowns, comforters and similar articles of textile material containing less than 85% by weight of silk or silk waste
9404.90.90 Other bedding and similar articles
9504.40.00 Playing cards
9608.10.00 Ball point pens
9608.20.00 Felt tipped and other porous-tipped pens and markers


Kind of sucks for all considering we are the largest importer of US goods by a long shot.




 

Anto

Senior Member
Joined Jan 11, 2012
Messages 2,472

General Motors is warning the Trump administration that a proposed tariff could force the company to cut jobs and raise the price of cars, perhaps by thousands of dollars.
The warning came in a filing Friday with the Commerce Department.

The administration is considering a tariff on imported cars and car parts. GM (GM) imports parts for cars that it makes in the United States. It also imports some cars to sell in the United States.

"Increased import tariffs could lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less — not more — U.S. jobs," GM said in the filing.

GM warns tariff could force job cuts, raise cost of cars
 

ROBERTSON

Senior Member
Joined Mar 27, 2018
Messages 1,409
More fake news.

More fake news.


General Motors is warning the Trump administration that a proposed tariff could force the company to cut jobs and raise the price of cars, perhaps by thousands of dollars.
The warning came in a filing Friday with the Commerce Department.

The administration is considering a tariff on imported cars and car parts. GM (GM) imports parts for cars that it makes in the United States. It also imports some cars to sell in the United States.

"Increased import tariffs could lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less — not more — U.S. jobs," GM said in the filing.

GM warns tariff could force job cuts, raise cost of cars


Of coarse GM doesn't like Trumps initiative, simply because it will cost them profit, by putting tariffs on imported cars and parts.

Has NOTHING to do with the well being of US workers.
 

Prim0

Senior Member
Joined Jun 29, 2010
Messages 10,859
Um......before all of this.....did Canada have any trade tariffs on our goods coming into Canada?

I just ask because it seems as though it would be somewhat hypocritical to have taxes and tariffs on trade goods from one of your best and most trusted allies and then put all the blame on them when they suggest imposing the same on you.

Asking for a friend.


Weeks later and still no response?
 

ROBERTSON

Senior Member
Joined Mar 27, 2018
Messages 1,409
Weeks later and still no response?

Everybody knows there are "trade tariffs on our goods coming into Canada", but not to the extent your Pres. states in the media, that he wants to put on aluminum and steel coming from Canada.

And his "negotiating" style, with his biggest trading partners, doesn't exactly create an atmosphere conducive negotiating anything.

I know that's his style, which is fine, but as I have already stated, I don't think it works well when dealing with countries, and most assuredly, it doesn't work well when "negotiating" with countries in the media.

PS: And happy belated Independence day Primo, and to the US.
 
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Prim0

Senior Member
Joined Jun 29, 2010
Messages 10,859
Everybody knows there are "trade tariffs on our goods coming into Canada", but not to the extent your Pres. states in the media, that he wants to put on aluminum and steel coming from Canada.

And his "negotiating" style, with his biggest trading partners, doesn't exactly create an atmosphere conducive negotiating anything.

I know that's his style, which is fine, but as I have already stated, I don't think it works well when dealing with countries, and most assuredly, it doesn't work well when "negotiating" with countries in the media.

PS: And happy belated Independence day Primo, and to the US.


Yeah.....we're not all thrilled about his approaches to international trade. In some cases, he's done well, in others, not so much. It's still a step up from the previous administration's "let us bend over to make it easier for you to fuck us" approach though. Many of us thought Trump was going to be a complete disaster and would lead to Dems controlling this country for decades....but look.....Trump has done some good things and the economy is doing well. Many people here now hesitate to just dismiss what he does and play more of a "wait and see" game. After all, the guy has been doing big business deals with people from all around the world for decades....maybe he is onto something.

My comment was more towards the people who don't seem to pay attention to what they spout out....just regurgitating what they see and hear on the "news". Get both sides of the story, then state your arguments.




Thank you for the good wishes. I feel lucky every day that those early Americans decided to risk it all to have a land of freedom for people. Had I grown up in one of my forefather's countries, I would never have had the opportunities I've had here.
 

ginawilson

New member
Joined Aug 2, 2021
Messages 1
The most valuable investing advice that can be given is to learn something new every day and, most importantly, not be afraid of taking risks. Most of all, investing in stocks is taking calculated risks, but not everything always goes as planned. This is why people use trading strategies. For a beginner, I can recommend learning, first of all, swing trading strategies. It will teach you to analyze the market correctly and how to make predictions. In consequence, it will allow taking decisions of investing in a more relaxed manner.
 
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