KRUGGEL: Canada vs. Trump: Wait him out

acuriouslookatpoliticsinbc.blogspot.com/2025/08/krug...

#tariffs #CanadianTrade #USTrade, #DonaldTrump #USpoli #CdnPoli

China announces 75.8 per cent tariffs on Canadian canola The move comes nearly a year after Canada imposed a 100 per cent tariff on Chinese electric vehicles.

📢😞🇨🇦‼️

Ouch. This one's gonna hurt. 🫰 they reach some compromises.

#CanadianTrade #TariffBattles

#OV1

www.thestar.com/business/chi...

Sask. premier invites Canadian counterparts to join western trade partnership | CBC News In the push to reduce barriers to interprovincial trade, Sask. Premier Scott Moe is inviting all provinces to join the New West Partnership Trade Agreement, which was established in 2010 by Saskatchew...

#CanadianNews #TradeTalk - Scott Moe invites all Canadian premiers to join western trade partnership | CBC News
- via The Torontonian Magazine 🇨🇦 🍁 #TorontoTalk #TOtalk #TObuzz #CanadianTrade #SupportLocal #BuyCanadian share.google/BhfSzsc2Wn1r...

3/6 Despite the victory, Carney emphasized Canada must continue diversifying trade relations. Steel, aluminum and automotive tariffs remain intact, keeping pressure on key Canadian industries even after Wednesday's legal win.

#CanadianTrade #EconomicDiversification

This is brilliant!
#ElbowsUp
#CanadianTrade

Fact check: Trump claimed the US doesn’t do ‘much business with Canada.’ Canada is the world’s top buyer of US exports | CNN Politics During his Tuesday meeting with Canadian Prime Minister Mark Carney, President Donald Trump falsely minimized the importance of the US trade relationship with Canada.

TRUMP: “We don’t do much business with Canada"
▶️ FACT: Official US data shows that #Canada 🇨🇦 bought about 17% of US goods exports in February and March – MORE THAN ANY OTHER COUNTRY! 🌟 💰 🤑
#tradewar #teamcanada #cdnpoli #canadiantrade #richmondbc #tariffs #canadaproud
www.cnn.com/2025/05/06/p...

Legalize knowledge. Decriminalize truth.

#420day #endthestigma #canadalife #canada #canadastrong #USPolitics #CdnJobs #Canadiantrade #legalization #JusticeForAll #cdnecon #canadiancannabis #cdnpoli #UnitedNationsHumanRights

FIRST MINISTERS’ STATEMENT ON ELIMINATING INTERNAL TRADE BARRIERS IN CANADA - Canadian Free Trade Agreement | Accord de libre-échange canadien Source: https://www.pm.gc.ca/en/news/statements/2025/03/05/first-ministers-statement-eliminating-internal-trade-barriers

March 5, 2025 Ottawa, Ontario Canada’s First Ministers recognize this is a pivotal moment for Canada to increase our economic resilience, reduce dependence on one market, and strengthen our domestic economy.
#canadianstrong #canadiantrade #provincialboundaries #Canada

Canadian exporters inquire on trade insurance as Trump’s tariffs heighten risk By Promit Mukherjee OTTAWA (Reuters) - A little-known insurance product is gaining traction in Canada as exporters seek to guard against losses and bankruptcies of their suppliers and customers due to U.S. President Donald Trump’s tariffs, insurers said. Trade credit insurance for insolvencies of foreign customers covers 90% of all lost payments and is widely used in Europe. Yet Canadian exporters insure less than 1% of all overseas payments that account for 40% of their revenue, according to Receivables Insurance Association of Canada, the body that represents trade credit insurers. Trade credit insurance has never been popular for business between the U.S. and Canada, which ships over 75% of its exports south of its border, because risks have been minimal under free trade agreements for three decades, insurers and brokers said. Demand for coverage has risen during financial crises, as in 2008-09 and the pandemic. While inquiries have increased recently, customers are hesitant due to the uncertainty of Trump’s on-again, off-again tariffs, said Agatha Alstrom, vice president of Insurance and Working Capital Solutions at Export Development Canada (EDC), a federal agency. "Tariffs are changing significantly from day to day," she said, noting that Trump’s erratic decisions make it tough for exporters to gauge their impact on businesses. EDC is Canada’s biggest trade credit insurance provider, overseeing the disbursement of C$5 billion that the government has set aside for businesses hit by U.S. tariffs. Only about 5%, or 7,000 to 10,000, of export businesses have credit insurance, but inquiries about coverage have jumped 10% since January, said David Dienesch, CEO of Allianz (ETR:ALVG) Trade in Canada, a trade credit subsidiary of Germany’s Allianz. "Bankruptcies will rise in Canada and certainly in the United States," he said. "If I buy credit insurance, those bankruptcies are not going to impact me as much." Trump threatened to impose tariffs during his reelection campaign and followed through after his inauguration, slapping high duties on Canadian steel, aluminum and automotive imports. The tariffs on Canada have already started to squeeze margins, dry up order books and trigger discussions on how to deal with the rising costs, the executives said. Counter-tariffs by Canada are worsening the impact, they said. "We are fielding calls on a daily basis. ... People are afraid," said Michelle Davy, chairwoman of the board of the Receivables Insurance Association of Canada. As president of CreditAssur Inc, a credit insurance broker, Davy said she has seen signs of payment delays, and indications of rising insolvencies. In one recent week, Davy said, one client had three of its suppliers declare insolvency, while some are struggling with cash flow disruptions. Interest in credit insurance grew during the COVID-19 pandemic as companies realized they were not covered for business interruption, said Danish Yusuf, founder of business insurance provider Zensurance. Zensurance does not provide credit insurance, so Yusuf directs inquiries to providers of products that can shield businesses from a U.S. partner in trouble, he said. The government has laid out a raft of programs to educate businesses about trade credit insurance, said Alstrom of EDC. Inquiries will convert into actual coverage as stockpiles companies are building to hedge themselves from tariffs dwindle and import duties start hitting supply chains, she noted.

Click Subscribe #TradeInsurance #CanadianTrade #Tariffs #Exporters #TradeRisk

California Wineries Struggle Amid Tariffs and Canadian Retaliation Tariffs imposed by Trump lead to Canadian bans, causing financial strain for wineries reliant on exports to Canada.

FYI: California Wineries Struggle Amid Tariffs and Canadian Retaliation: Tariffs imposed by Trump lead to Canadian bans, causing financial strain for wineries reliant on exports to Canada. #CaliforniaWineries #WineIndustry #Tariffs #CanadianTrade #ExportChallenges

GOP Senator Admits Helplessness Against Trump’s Tariffs: 'Not much I can do.' #DonaldTrump #TradeWar #GOP #CanadianTrade nomadtabloid.com/article/gop-senator-admi...