HORSEPLOP.COM
General Category => Harness Racing => Topic started by: LUCPARK on March 30, 2025, 12:30:24 PM
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RUMBLINGS HAVE STARTED ,,,BIG NAMES ALREADY DROPPING HINTS
NOBDY WANTS TO PAY THE TARIFFS TO BRING HORSES BACK AND FORTH..
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too early and too much unknown to make changes yet
there was talk that horses that ship over but return in 30 days would just put up a bond that would be repaid
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RUMBLINGS HAVE STARTED ,,,BIG NAMES ALREADY DROPPING HINTS
NOBDY WANTS TO PAY THE TARIFFS TO BRING HORSES BACK AND FORTH..
We need a legal expert on tariffs to weigh in here. A tariff is on the sale of goods. Horses going to and from Canada are not being sold.
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To race, you'll only have to put up a bond on the evaluation of it's worth,, which is released when your horse returns to your country.. if not returned you pay full 25% tariff of the evaluation.. more time, delays, hassle and paperwork for commercial shippers, costs will increase for everyone of us.!!
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To race, you'll only have to put up a bond on the evaluation of it's worth,, which is released when your horse returns to your country.. if not returned you pay full 25% tariff of the evaluation.. more time, delays, hassle and paperwork for commercial shippers, costs will increase for everyone of us.!!
There is a simple solution; if you own horses in the US don't race in Canada.
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RUMBLINGS HAVE STARTED ,,,BIG NAMES ALREADY DROPPING HINTS
NOBDY WANTS TO PAY THE TARIFFS TO BRING HORSES BACK AND FORTH..
There are no tariffs on any product going back and forth. Do your own research and quit listening to the idiots. Tariffs are on goods sold. Yes you may have to post a bond because unfortunately many try to cheat the system and say they going to race and the horse never returns because it was sold. Thank the idiots that always try to cheat the system.
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There is a simple solution; if you own horses in the US don't race in Canada.
Mohawk offers more grand circuit money than any track in the world. I wouldn’t call that a simple solution.
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Mohawk offers more grand circuit money than any track in the world. I wouldn’t call that a simple solution.
The solution is simple, you deal with the issues or you do not race in Canada.
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lets keep in mind the source of the tariffs in the first place
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This will keep the purse money at US tracks in the US.
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Much ado about nothing, because nobody knows how this is going to work and impact the horse industry, the BC, etc. This is no different than other governmental acts----just like the recent CTA (Corporate Transparency Act, passed, and effective as of Jan. 1, 2024). The law was passed, there were many unknowns, interpretations, etc. (and it even resulted in several lawsuits). Deadlines were extended, and even right up to the day before the last deadline, people still did not know what to do (file or not file, by March 21, 2025).
As far as the tariffs, and how they impact shipping (back and forth), and racing horses here and in Canada, at this point, nobody knows. All what is written here is conjecture, posturing, paranoia, negativity and criticism (which is the norm here in this forum), and the like. While it might be meaningless, tariffs are designed to be disincentive and prevent unfair business practices ("dumping" or illegal subsidies, rebates, etc., primarily given by governments or governmental bodies, agencies, etc.). Do they have other purposes? Absolutely. This is not anywhere close to clear and probably won't be any time soon.
Is this a complex situation and can a wide net catch unintended people and businesses? Abso-friggn-lutely.