Preparing to Profit in the Face of Retaliatory Tariffs by Canada/Mexico/EU

Background/Intro:

Canada:

Here's some stuff made in the U.S. on which Canada will likely post retaliatory tariffs. Canada is the U.S.'s largest export market, according to the Census Bureau:

• pizza, quiche, chocolate, whiskies, toilet paper, paper towels, strawberry jam, ketchup, mustard, yogurt, lawn mowers, refrigerators, washing machines, maple syrup, beer kegs, mineral water, fresh orange juice, mayonnaise, salad dressing, automatic dishwasher detergents, cucumbers, gherkins, ball point pens, felt-tipped pens, plywood, bobbins, roasted coffee, licorice candy, toffee, hair spray, shaving creams, soaps, candles, kitchenware, manicure and pedicure preparations, handkerchiefs, facial tissues, printed postcards, some insecticides, iron products, sailboats, some chairs, mattresses, plastic bags, sleeping bags, playing cards, soy sauce, and forms of aluminum and steel.

Mexico:

Here's some of the stuff the U.S. exports to Mexico (the second biggest U.S. export market) that will likely be hit by retaliation for the steel and aluminum levies:

• Lamps, pork, cheese, flat steel, apples, pears, grapes, cheese, blueberries, sausages, and other meat products.

 Mexico's list leaned heavily on different types of pork products, since the country is the main export market for the meat. The focus on pork also serves to make a political statement

European Union (EU):

The EU has said that it will target these U.S. exports:

• Bourbon whiskey, motorcycles, denim, cigarette, cranberry juice, orange juice, some pants and shorts, some bedlinen, corn, tobacco, t-shirts, motor boats, some rice, some beans, peanut butter, and forms of aluminum and steel.

The EU's target of cranberries, roughly half of which are exported from the key state of Wisconsin, according to the Census Bureau data.  By targeting goods like bourbon from Senate Majority Leader Mitch McConnell's home state of Kentucky and motorcycles from House Speaker Paul Ryan's district in Wisconsin, the allies appear to be trying to send a message to those political leaders as well.

 

Notes:

Likely a slim picking of stocks within many of these sub-sectors, but all we need is 1.

Bourbon is sounding like it’s gonna get slammed super hard

And Mexico’s focus is likely going to be on pork products

Steel seems to be a mutual target amongst Canada/EU/Mexico too. None have spoken out about steel tariffs being definitive or whether it’ll be crushing but going along the lines of what I was saying originally, may be a good one for us to hone in DD on. Whatever their targets end up being, they are just going to focus on constricting those couple markets as much as they can by all targeting it together. Otherwise their responses would all be useless if they didn’t try and slam the table on something to make Trump stop