Trump threatens new tariffs on Canada, including 250% tax on dairy

[BumRushDaShow]

Source: CNN Business

Updated 1:11 PM EST, Fri March 7, 2025


CNN — A day after offering Canada a one-month reprieve on punishing nearly across-the-board 25% tariffs, President Donald Trump has threatened new tariffs as soon as Friday on Canadian lumber and dairy products.

“Canada has been ripping us off for years on lumber and on dairy products,” Trump said in an Oval Office address Friday, citing Canada’s roughly 250% tariff on US dairy exports to the country. Trump said America would match those tariffs dollar-for-dollar.

“We may do it as early as today, or we’ll wait until Monday or Tuesday,” Trump said. “We’re going to charge the same thing. It’s not fair. It never has been fair, and they’ve treated our farmers badly.”

Stocks, which were lower to start the day after a mixed bag of a jobs report, initially fell after Trump’s tariff threat but pared their losses. The Dow was up about 45 points, or 0.1%. The broader S&P 500 fell 0.1%, and the tech-heavy Nasdaq was down another 0.1% after falling into correction territory Thursday — a 10% decline from its most recent high. Trump’s announcement gave investors, businesses and consumers another strong dose of whiplash.

Read more: https://www.cnn.com/2025/03/07/business/tariffs-trump-canada/index.html

[Ollie Garkie]

1. What a lunatic!

I WANT HIM GONE!

[NotHardly]

3. Him being President proves there is no god.

Or if there is, god is as demitted and cruel as this asshat Trump is. Which actually, I have suspected since I was a child.

[Bengus81]

2. Sure thing Trump, make it 500% your still going to LOSE this tariff War and badly

Keep supporting him Congressional Republicans.....all the way to the ever closer cliff.

[Scrivener7]

4. What Canada should do: The felon will threaten and withdraw, threaten and withdraw, and just keep doing it.

Canada should set a tariff, impose it on us, then not rescind it until they get a credible guarantee that this shit is going to stop. No matter what he says.

And they shouldn't call it a tariff. They should call it a trump tax.

[Bernardo de La Paz]

9. Indeed, Trump tax makes TrumPain for Americans

And yes, I think tariffs and counter-tariffs might have to stay until tRump solves the fentanyl problem. He sends about 20 times more fentanyl to Canada than goes the other way. And then there are crime guns.

[Initech]

5. He can go shove his stupid tariffs straight up his worthless ass!!!

[Botany]

6. Canada is the biggest customer in the world for American products.

The man is an idiot.

[FakeNoose]

20. 250% tariff means he's taxing Americans for that amount

We have to pay that tariff/tax, the Canadians aren't paying it. When are people going to figure this out?
When is somebody going to explain it to Chump?

[Bernardo de La Paz]

7. Dairy was protected when tRump negotiated tRump's treaty in tRump 1.0. . . . . nt

[Bev54]

8. lol! We don't ship dairy because of supply management

We only produce for our domestic market. We don’t give a shit

[Bernardo de La Paz]

10. Only way to replace Cdn timber with US timber is to rape public US forests, which tRump wants to do. . . nt

[enough]

11. When do we stop listening to him. He never does what he says.

[BumRushDaShow]

13. "When do we stop listening to him. He never does what he says."

Tens of thousands of federal employees who have been laid off would disagree.

[mdbl]

15. Let's revise that to "He never does anything good that he says"

He'll do the bad stuff.

[LearnedHand]

27. He remarkably does exactly what he says he'll do

THIS is the lesson people need to learn.

[kacekwl]

12. We have an stupid old man yelling at the

clouds every day and his drug addled son telling everyone he's in charge of everything. Everyone needs to ignore everything he says and does. If government even the military just goes along like before he showed up again everything would be just fine.

[surfered]

14. In addition to chickens in my back yard, now I have to get a cow.

My back yard is not big enough for much else

[mdbl]

16. My HOA is fighting me on the farm animal issue

and then they asked for some eggs.

[surfered]

18. 😄

[IronLionZion]

17. Who is advising him on this BS?

[BumRushDaShow]

19. I have this feeling

that they have something "planned" for every day for the first 100 days so they can come out with some grandiose bullshit "summary" of all the stuff (terror) that they (illegally) did.

[defacto7]

21. I agree,

but I think it's because he wants to be center stage everyday no matter what it takes. He wants to be the biggest, baddest, most televised, most talked about, number one above all else, even if it's against all reason. Nothing matters to him but his fame, power and presence.

[BumRushDaShow]

23. Well he has "an African" who is upstaging him

so...

[defacto7]

28. Ha. No matter how hard he tries,

he just can't win because of all his losing.

[IronLionZion]

22. Their grandiose "summary" would have plenty of pain points for our side to use against them

I think they are throwing out an endless stream of BS every day to distract and confuse people.

Maybe they have some grandiose Project 2025 type stuff to weaken our country and antagonize our allies. But I doubt they will have many "accomplishments" that could be quantified as showing any benefit to our country. People are going to see the negative impacts in their lives when they buy groceries, look at their retirement savings, see companies pull back on hiring, etc. in time for the midterm elections.

[BumRushDaShow]

24. They will proclaim

"Look how much (fill in talking point - e.g., waste, fraud, abuse) that we took care of!!!111!!!11!1111!! while states lie in ruins from the upcoming tornado season and MAGats chase what few FEMA people are left away while they luxuriate in the rubble.

[4catsmom]

25. He'll rescind it tomorrow

stupid F-er doesn't know anything about what he's doing.

[mcar]

26. Oh, fck this shite

He's like a toddler - he knows it gets him attention so he ups the ante.

[Yo_Mama_Been_Loggin]

29. Dementia Donny

Yes I know that's not nice but it's probably what it is.

[Alberta Bound]

30. ...the elephant in the room - OIL

The average Canadian Joe is very pissed - you've probably heard.

Fair, reasonable, and planned trade 'agreements' = civil trade. Trump extortion, coercion, implications of thuggery, and military incursion = incivility.

The Big Guns haven't been revealed yet.

Both Canada and the U.S. have Big Guns but, although requiring infrastructure build time, Canada is, a) actively seeking other buyers for it's Alberta heavy oil (or commitments to fulfill larger orders), b) expediting trans-country pipeline builds, c) expediting liquid natural gas (LNG) pipelines to 'shoreline' (check Kitamat, British Columbia LNG port), that demonstrate, d) distrust of 'the U.S.' in its willingness to honor agreements and, e) that our government(s) for decades failed to be forward thinking or anticipate the unthinkable.

So, the 'elephant' is, what magnitude of impromptu Trump retaliation, or outright fuckery move will trigger Canada/Alberta slowly begins closing the oil valves (righty-tighty not lefty-loosey).

Ontario Premier Doug Ford has flipped off the electrical switch to certain U.S. regions. He's pissed. Ontario also produces critical materials but they have no oil.

I have no doubt that, after much measured thought, hesitation, and anticipation of consequences, the Canadian Government will exercise its sovereign right to fuckery back.

Unless an individual lives in the Lotus Land environment of B.C., its safe to presume that most other weather-hardened Canadian folk are stubborn and stoic bastards.