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| 2025-03-04 | 0 |
Both countries annexed a tax of 25% on the citizens of both countries , lay-offs , higher interest & mass poverty lines .Typical both leaders , don't talk to each other .
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| 2025-03-04 | 0 |
He’s talking about 25% tax on $150B but Elon saved the United States 100% on $105B in one month. As a wise man once said, “You don’t have the cards.”
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| 2025-02-03 | 0 |
Trump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China retaliate
\nTrump takes softer line on UK, saying ‘I think that one can be worked out’, while Mexico and Canada vow levies and to strengthen ties with each other
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\nPhilip Wen, Léonie Chao-Fong and agencies
\nMon 3 Feb 2025 03.57 GMT
\nShare
\nDonald Trump has threatened to widen the scope of his trade tariffs, repeating his warning that the European Union – and potentially the UK – will face levies, even as he conceded that Americans could bear some of the economic brunt of a nascent global trade war.
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\nIt comes as Trump’s tariffs on Mexico, Canada and China, announced on Saturday, sparked retaliation from all three countries. Mexico and Canada have vowed levies of their own while China and Canada are seeking legal challenges.
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\nTrump said on Sunday night that new tariffs on the EU will “definitely happen”, repeating previous complaints about the large US trade deficit with the bloc and his desire for Europe to import more American cars and agricultural products.
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\nEmpty shelves remain with signs ''Buy Canadian Instead'' after the top five US liquor brands were removed from sale at a British Columbia liquor store in Vancouver.
\nAsian sharemarkets tumble in response to Trump tariffs
\nRead more
\n“It will definitely happen with the European Union, I can tell you that,” he told reporters. “I wouldn’t say there’s a timeline but it’s going to be pretty soon.”
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\nTrump appeared to take a softer line on the UK, citing a good relationship with prime minister Keir Starmer while saying tariffs still “might happen”. “The UK is out of line but I’m sure that one, I think that one can be worked out,” he said.
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\n“Well Prime Minister Starmer’s been very nice, we’ve had a couple of meetings, we’ve had numerous phone calls, we’re getting along very well, we’ll see whether or not we can balance out our budget.”
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\nIn Canada, the department of finance published a list of US products imported into Canada that it will target with a 25% retaliatory tariff starting on Tuesday.
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\nThe list shows products that will be hit in the first round of retaliatory tariffs by Canada starting on Tuesday, and mounts to $30bn Canadian dollars’ worth of goods (about US$20bn). The impacted products include tobacco, produce, household appliances, firearms and military gear.
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\nCanada is also preparing for a second, broader round of retaliatory tariffs in 21 days that will target an additional C$125bn (US$86bn) worth of US imports. The second list would include passenger vehicles, trucks, steel and aluminum products, certain fruits and vegetables, beef, pork, dairy products and more.
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\nFILES-US-CANADA-MEXICO-CHINA-TRADE-TARIFFS<br>(FILES) US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC on January 31, 2025. Trump is imposing steep tariffs on major US trading partners Canada, Mexico and China, with a lower rate on Canadian energy imports, said the White House on February 1, 2025. Washington will impose a 25 percent levy on imports from Canada and Mexico, with a 10 percent rate on Canadian energy resources, until both work with the United States on drug trafficking and immigration. Goods from China, said the White House, would face 10 percent tariffs. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)
\nTop Democrats warn tariffs will hit Americans hard as Trump says it’s ‘worth the price’
\nRead more
\nClaudia Sheinbaum, Mexico’s president, said her government will provide more details on the retaliatory tariffs she ordered on US goods on Monday. Sheinbaum, in a statement on Sunday, said she will announce details on her government’s “plan B” as she insisted that Mexico “doesn’t want confrontation”.
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\n“Problems are not addressed by imposing tariffs, but with talks and dialogue,” she said. “Sovereignty is not negotiable: coordination yes, subordination no.”
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\n'Coordination yes, subordination no': Mexican president responds to Trump's tariffs – video
\nSheinbaum and Canadian prime minister Justin Trudeau spoke by phone on Saturday after Trump’s administration imposed the new tariffs – 25% on goods from Canada and Mexico, with a lower rate of 10% for Canadian oil, and 10% on imports from China.
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\nTrudeau’s office said in a statement that Canada and Mexico agreed “to enhance the strong bilateral relations” between their countries. Canadian officials have had extensive dialogue with their Mexican counterparts, but a senior Canadian official said he would not go as far as to say the tariff responses were coordinated.
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\n“Now is the time to choose products made right here in Canada,” Trudeau posted Sunday on X. “Check the labels. Let’s do our part. Wherever we can, choose Canada.”
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\nTrump acknowledged the sweeping tariffs he has imposed on Mexico, Canada and China may cause “short term” pain for Americans as global markets reflected concerns the levies could undermine growth and reignite inflation. Asian markets, cryptocurrencies and US and European stock futures slumped in early Asian trading on Monday.
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\n“We may have short term some little pain, and people understand that. But long term, the United States has been ripped off by virtually every country in the world,” he said. day, Trudeau said: “We’re certainly not looking to escalate, but we will stand up for Canada.” However on Sunday evening, a senior government official from Canada briefing reporters in Ottowa on condition of anonymity said: “We will obviously pursue the legal recourse that we believe we have through the agreements that we share with the United States.”
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\nThe official said the Canadian government considered the move by Trump illegal and said it violates the trade commitments between the two countries under their free trade agreement and under the World Trade Organization.
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\n“If other legal avenues are available to us, they will be considered as well,” the official said.
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\nCanada is the largest export market for 36 states, and Mexico is the largest trading partner of the US.
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\nCanada and Mexico ordered the tariffs despite Trump’s further threat to increase the duties charged if retaliatory levies are placed on US goods.
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\nChina also said it would file a lawsuit against the tariffs. The imposition of tariffs by the US “seriously violates” World Trade Organization (WTO) rules, China’s commerce ministry said in a statement, urging the US to “engage in frank dialogue and strengthen cooperation”.
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\nFiling a lawsuit with the WTO would be a largely symbolic move that Beijing has also taken against tariffs on Chinese-made electric vehicles by the EU.
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\nThe commerce ministry also said the tariffs were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation”. China has said it would take countermeasures to “safeguard its own rights and interests”. It is not clear exactly what form these will take yet. But for weeks Chinese foreign ministry spokesperson Mao Ning has said Beijing believes there is no winner in a trade war.
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\nLate Sunday night, Trump said he would speak with Trudeau on Monday morning and shortly after said he would speak with Mexico as well, although he did not specify that he would speak with Sheinbaum.
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\nBeyond the official response, people were already thinking of ways to cope with Trump’s decision, including by sharing suggestions on social media for alternatives to US products.
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\nCanadian hockey fans booed the US national anthem on Saturday night at two National Hockey League games. The booing continued on Sunday at an NBA game in Toronto where the Raptors played the Los Angeles Clippers.
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\nFrom left to right, Toronto Raptors forwards Bruce Brown, Scottie Barnes and Chris Boucher react as fans boo the United States national anthem before NBA basketball game action against the Los Angeles Clippers in Toronto, Sunday, Feb. 2, 2025. (Frank Gunn/The Canadian Press via AP)
\nToronto Raptors fans boo US national anthem after Donald Trump tariffs
\nRead more
\nOne fan at the Raptors game chose to sit during the anthem while wearing a Canada hat. Joseph Chua, who works as an importer, said he expects to feel the tariffs “pretty directly”. “I’ve always stood during both anthems. I’ve taken my hat off to show respect to the American national anthem, but today we’re feeling a little bitter about things,” he said, adding that he will start to avoid buying US products.
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\nIn the streets, people in Mexico were trying to absorb the announcement on Sunday, although some in the capital acknowledged that they were unaware of the measures.
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\nIn the border city of Mexicali, across from Calexico, California, some people were concerned about the wider implications of a trade war.
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\nDriver Alejandro Acosta says that he crosses the border weekly in his truck to deliver vegetables to US companies. He said he fears US businesses in the Mexicali Valley will no longer want to operate in Mexico and they will move to the US.
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\n“If they raise taxes on the factories here, jobs may also decrease,” he said.
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| 2024-09-21 | 0 |
I'll tell you about prices in Canada. (please fact check me fellow Canadians, I wrote this in a rage. Also, most of this is from Ontario cause I live there) The monopolies here are insane. Highways that were built using tax payer money were sold to companies and now Canadians need to pay to us it. Most grocery stores are owned by a few major companies and I see butter prices rising every few months. A 1L carton of cream at my local store is $8! I won't talk too much about housing cause it's obviously sh**. I will say a couple of years ago the Premier of Ontario, Doug Ford (my greatest enemy), was releasing the protection of the green belt, a protect part of Ontario used for agriculture. He said he would use it to build new homes, great right? NOPE. First of all, the green belt is used for food to reduce prices for Canadians cause its local. He has stated he would move it to another location but that land there is less fertile. The worst thing is, the reason he is saying he would use the green belt to build houses is because the land there is very valuable. And guess who owns that land? His BUDDIES! That means he would sell that land to developers and his buddies would get all the profit cause the money developers use to buy the land will directly be put on the buyer. Not to mention, Doug Ford, the same person, since his instatement as premier, has cut the Ontario education budget by 50%. 50%!!!! ABSOLUTELY UNREAL. Can't even afford air conditioning in schools where the weather is so extreme. Rogers? The largest internet provider in Canada? Absolutely cr*p. So many complaints about bad connection and cutoffs which I also experienced when my mom bought one of their products and my internet was sh** for a couple of months. The ONLY, and I mean only, good major thing Trudeau has done is legalize marijuana. Another thing I forgot to mention is that our government is made up of criminals. Doug Ford, he and his family use to partake in drug dealing. Another major complaint is the ttc which is public transportation costing so damn much! As a student, it costs me over $1000 a year to get to school using the ttc. The times aren't even that great either as even on a major road, I had to wait 25 minutes to get a bus. Thats my rant.
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| 2023-10-08 | 0 |
I can't talk from a point of experience in Canada but from a point of experience in Kenya. Yes things are tough everywhere but I believe things are tuffer here in Kenya, well unless you have a good job, good business or money to invest. I have done of research about Canada, Germany, UK and even Finland. What I have learnt is that opportunities are there as opposed to Kenya. Here in Kenya it's doesn't matter if you have a skill, or papers getting a job is not easy and even harder is getting a good paying job. Most people makes less 10 CAdollars per day which today 1000 or 30 per month minimum wage in Canada is i guess 14.5 in the less expensive provinces. If you work 14 hours per \nDay which I believe possible you have about uko na 20k in ksh, pay tax of maybe 30% combined you have about 130 cad per day work for 25 days in a month you will have about 3250 net stay in most affordable place(hujaenda raha) you can get 1250 in low cost province (not Ontario or BC though here minimum wage iko juu), groceries and expenses budget 1000 per month you can save about 100k ksh pm, save in Cad for few years stay like a student on the budget but work like a donkey. Come back home in few years lets say 5 with save coins probably CAD will trading at 150 coz the hit shilling is taking mind-blowing. You will have 6m to invest any interest or forex gain use them to cover your vacation here in Kenya yes land in Diani you will have missed such weather, enda masai Mara (you deserve it), go visit your parents and most importantly find an investment opportunity you can do real estate but find ideal location but only if you have enough capital ya kujenga and then find someone professional to manage the construction not sending money to your relatives wanapiga sherehe nazo unatumiwa picha za mjengo za nyumba za wenyewe. Pia farming is underated buy a farm land in cheap area ukambani, laikipia, kajiado, taita etc at max 200k per acre 10 acres ni 2m borehole 1.5m with solar and pump. Development such as fenching and service quarters driplines 1m. 1.5 m is working capital ,use it for labour fertilizer, seeds and seedlings. Divide the farm into 5 parts along the fence panda miti ya eucalyptus, other parts do high value perennial cash crops with less management cost like 2 acres of avocado, 2 acres of pixes oranges, lime, the other 2 plant seasonal rotational plants you can even maize, cabbages io ingine do livestock of your choice. If you want low risk investment buy government bond less stress and you are sure government can never fail to repay their local currency bonds ata ikiwa bankrupt coz they can always print more money. Now rates are very high assuming you can get 10% rates with your 6m your will earn 600k risk free income. Your vacation is over, now go back to Canada and work like a donkey because you went there to work, not a vacation. Sorry for the long post ni kukosa job uku Kenya bana, I am looking for legal way to migrate to Canada/US and I've high hopes in those countries. Hopefully next year I will be lucky.
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| 2023-04-20 | 0 |
Yeah, I've been talking to a Canadian over discord for almost 2 years now trying to learn more about the country and what he told me was shocking. Canadian make about 25% less and pay 33% more in taxes then American and somehow a house in the middle of goddamn nowhere cost as much as a house in Portland. If you live in NYC, SF, or LA yeah you can forget about buying a house but its not like in America housing is unaffordable everywhere like in Canada. In Texas, you can get a big beautiful house for 300k, the catch being that real estate taxes is really high and you still be paying that even after the mortgage been paid off. Florida is affordable but hurricanes, Cleveland is really cheap despite a good reputation, and a house in the rural areas is easily under 100k. Canada pretty much have no houses under 300k which is made worse by the fact that they make less, taxed more, investment is harder + more expensive, and it actually hard to establish credit because they don't have looser standard like in the US.
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| 2022-11-01 | 0 |
immigration drives the economy. $1000 or more is the application fee mom refundable. White people are racist blaming immigrants on economic and housing problems. That's why there is a 25 per cent tax on non landed immigrants buying houses. Each dollar a person spends created $7 in the Canadian economy. You do the math. 500,000 times $1000 times $7. That is $35,000,000,000. billion. Just the application fee generates how much money in Canada. This does not include the people who applied and not allowed in. It is non refunable. This does include how much money generated by New immigrants spending money. New immigrants are what drives the economy with whatever money they bring here and spend buying cars, furniture, basic necessities and if possible houses or condos. Canada has a declining birth rate. What jobs is this guy talking about? Do a job search. There is no manufacturing in Canada. If any are kept in North America will go to Mexico. White people blame China where people are willing to work hard for less and no union formation or complaints. He does not mention the fees visa students pay which is 5 times Canadian Students pay at university or college is used to offset Canadian students so they pay low tuition fees. Knowing the real reason Canada needs visa and immigrants and how much money it generates just by the application fee, immigrants and visa students don't owe Canada nothing and other countries should adopt the same strategy to attract immigrants. Unfortunately the majority of Canadians are English, Scottish, and Irish which are racist blaming Canada's economic and job problems on immigrants. The majority think they are entitled and ignorant and arrogant. That's why they are called mange cake and Malakas and other names by immigrant groups. That is why you have China towns, Greek towns, Italian, Portuguese, INDIA , Jewish and other ethnic towns and ethnic communities don't visit small white towns or move to other provinces. Canada clean up your problem.
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