The Canadian government has released a comprehensive list of American goods that will be tariffed.
The list includes cheeses, meats, milk, fruits, vegetables, coffee, spices, chocolates, pastas, fruit juices, beer, wine, liqueurs, tobacco, perfumes, beauty products, kitchenware, car parts, lumber, toilet paper, clothing and household items.
Primary source, regular updates as well: https://www.canada.ca/en/department-finance/news/2025/02/list-of-products-from-the-united-states-subject-to-25-per-cent-tariffs-effective-february-4-2025.html
These are almost all small consumer goods. Where are the tariffs on big-ticket industrial goods and services? On Teslas? On datacenters and cloud computing services (Amazon AWS, Google Cloud, M$FT Azure, Oracle Cloud)? Hit American BigCorps where it hurts. Make the execs and shareholders feel the pain.
"This second list will be made available in the coming days, and will include passenger vehicles, trucks and buses, recreational vehicles and boats, steel and aluminum products, aerospace products, and more, according to the finance department. "
Steel is gonna hurt. It’s always the steel you got to fear.
I’m thinking lumber is going to hurt too. So much of our home building in the USA is make with Canadian lumber. This right at a time when we need to build more housing than ever. So now new home prices are going to go up by a chunk for just the new raw material price increases. This will have a on-knock effect on existing home prices increasing them too.
I mean 10% of the US houses sit vacant, so that seems aggressive when it should be we need to house people rather than build more houses
https://finance.yahoo.com/news/5-6-million-vacant-homes-113019822.html
Home prices are artificially increased by corporations building / buying homes in the interest of renting them. I’m not sure the impact a lumber shortage having for those struggling with housing, but if it works to pop the real estate bubble, I’m all for it
Your own link tells the tale:
“Despite the vacancies, the housing supply remains tight. According to Realtor, homeowner vacancy rates stand at just 0.9%, while rental vacancy rates are at 6.6% – both near historic lows. Jones said that “for-sale inventory remains more than 20% below pre-pandemic levels,” which drives home prices despite waning buyer demand.”
That’s certainly one driver, but not the only one. The largest home builders are still mostly building for sale to individuals.
It remains to be seen what the much bigger tarifs package is gonna cover:
_Tuesday’s tariffs are the first of two phases announced by Prime Minister Justin Trudeau on Saturday, said to total $30 billion in U.S. goods. A further round of tariffs on a wider list of American products, valued at $125 billion, is expected to come into effect 21 days later, following a public comment period.
This second list will be made available in the coming days, and will include passenger vehicles, trucks and buses, recreational vehicles and boats, steel and aluminum products, aerospace products, and more, according to the finance department. _
I was thinking about this one. If a datacenter is in Canada and its compute is being consumed in Canada would it still be subjected to tariffs?
If the billing company is Canadian, if they have something like “AWS Canada”, then I guess not.