A trade war a come-in

[Haynes Forest Products]

So Canada is threatening to put tariffs on items leaving the US into Canada. One of the items is Maple syrup. How can that be if Canada makes the most and has such large reserves why do we sell them any??? Let the discussion begin.

[Maple Man 85]

Valid point Haynes, in my mind if Canada puts a tariff on imported syrup that should strengthen the value of our syrup, why would we as producers want to deal with that... I feel like Canada would be shooting themselves in the foot here... The only thing stopping us here in the states is complacency so sell more retail, create new markets and tap more trees! We have the resources we just have to get off our a!# and do it.

[FDA]

So Canada is threatening to put tariffs on items leaving the US into Canada. One of the items is Maple syrup. How can that be if Canada makes the most and has such large reserves why do we sell them any??? Let the discussion begin.

Fake News! I thought avoiding politics was one of the rules here?

[Louie]

Fake News! I thought avoiding politics was one of the rules here?

List of items Canada will tax and maple syrup and sugar is on the list.
https://www.fin.gc.ca/activty/consul...cmpcaa-eng.asp

Listed in table 2 and that means a 10% tax.

[Haynes Forest Products]

FDA I'm not talking politics I'm talking about current events and that would be the talk about Canada retaliating with what they called unfair tariffs buy putting them on Maple syrup. This is a maple forum and its relevant.

Why do you call it fake news? Did I miss read something?

[markcasper]

FDA I'm not talking politics I'm talking about current events and that would be the talk about Canada retaliating with what they called unfair tariffs buy putting them on Maple syrup. This is a maple forum and its relevant.

Why do you call it fake news? Did I miss read something?

I don't think its fake news and this would be much more than "politics", someone is just trying to blow smoke again! With 50% of the Canadian syrup getting exported to the US, (feel free to correct me if I am wrong.) Either way, I believe I have read that we are the #1 importer of CAN. syrup. Not really sure there is a whole lot of US packed syrup going back into Canada? I think what another poster commented, they'd be shooting themselves in the foot. It would only help our prices, unless a tariff (tax) were to be imposed on CAN. bulk syrup coming in. In addition, many of the raw materials for evaporators and equipment come from the US. If there is a tax on these items, the price of finished Canadian equipment (which is the majority nowadays) will only go that much higher when it is returned to the States, so not a very enlightening situation here.

[maple flats]

Reading all of the info I have seen thus far it does indeed look like a 10% tariff in both directions over the US/Can border and a 25% tariff both ways on many raw materials, including SS an most other metals and finished equipment.
I think that will raise the bulk price here in the US by at least 10%.
Also think about cars and trucks, many of those are assembled in Canada with most parts made in the US, thus a truck or car assembled in Canada could have the cost to the consumer compounded. This might however be short lived until the US expands assembly capabilities here in the US. Any one looking at lets say an F350 4x4 might well see it's cost jump 35-50%. A $50,000 truck last week could jump to $75,000.

[Galena]

*Ahem* The US is imposing tariffs on Canada and Mexico first, and now you're whingeing cause Canada dares to retaliate by imposing tariffs on the US in turn? Yes, I also agree that it seems ridiculous that we're apparently imposing tariffs on maple syrup, but hey, whatever. You guys voted President Babyhands in.

[DrTimPerkins]

Not really sure there is a whole lot of US packed syrup going back into Canada?

Actually, as strange as it may seem, there has been some, and an increasing amount of maple syrup headed north. In Quebec, the rates are set (for syrup made in Quebec). In the U.S., the price is set by three factors: 1) Quebec price, 2) Currency Exchange Rate, and 3) Supply. #1 hasn't changed, #2 has a huge depressing effect on price, and #3, packers have been using the oversupply to keep U.S. prices even lower than what #1 and #2 would indicate. Currently about 80% of the U.S. price of syrup is dictated by #1 and #2 acting together, and is affected about 20% by #3. Until the recent price bump (due to a poor 2018 crop in Quebec), it was closer to 60:40. What this meant is that Quebec packers could actually buy maple syrup CHEAPER from the U.S. than from Quebec....and some did, particularly organic syrup. Obviously this did not please many folks in Quebec very much, and I suspect they lobbied hard for a tariff on U.S. maple syrup (as odd as that may seem). Given the fact that FAR more syrup comes south than goes north, they better hope that the U.S. doesn't decide to reciprocate with a tariff on Canadian syrup. That would sure upset things quite a bit.

[Haynes Forest Products]

First no one is whining we are only discussing current events. Second keep the name calling trolling out of this.