Tarriffs:Trump, a father of a new Golden Age or is it a Golden Shower?
Once again, the great stone head is now calling himself a scholar of economics. He tells us now that the economic turnaround would now "take time", while on the campaign trail he was telling us that it would occur overnight.
On March 13th, there will be an assessment of the inflation reflected in the estimated 2026 COLA for Social Security recipients. This will record any inflationary activity or otherwise for the month of February. And, for his sake, those numbers had better be coming down or I intend to separate his head from his body in every way except literally. That Only because after all, it would be against the law.
The Wall Street Journal is not known as an adherent to left leaning politics, when these people speak, we should listen. Canada and Mexico have plans to retaliate, can America take the jolt? Conservatives continue to be stupid about the fact that the drug /narcotics problem is a demand driven problem rather than a supply driven one. Trump is an anachronism extrodinaire, he speaks in terms of America that no longer exists and assumptions that were more accurate in the middle of the last century, and many more from the century before that.
We reasonable people on the left have to be determined to undermine and neutralize Trump and Trumpism
https://thehill.com/business/5121142-wa … n-history/Though I'm economically illiterate outside of my own personal finances, I do trust my pattern recognition abilities as a worthy instinct to lean on.
My pattern recognition is telling me that these offensive and subsequently retaliatory tariffs are somewhat of a smokescreen. They're presenting this as some sort of necessity on all sides. However, the tariffs only benefit the consolidation of wealth.
This consolidation of wealth appears to be carried out via stressing smaller businesses, while megacorps can absorb the cost of the tariffs via new clientele abandoning the more expensive small businesses. Megacorps can keep their costs lower while still increasing profit margins.
I think this is pretty clear in the tech sector with companies like AMD and NVIDIA, with Intel being a big competitor as well, absolutely smoking competition and blowing businesses out of the water. Want to compete in their market domestically? Too bad, you'll have to go overseas and still eat the cost of tariffs.
Looks like the overall finish line of, "You will own nothing and be happy," for the lower classes is still steadily approaching.Well, Kyler, your instincts are still good. I see the coming of a large oligarchal structure, where the "man on the street" be damned.
I can't believe that Trump would upset so vital an apple cart over his own delusions of grandeur. We are all going to be paying more for everything and I intend to hold Trump and his administration accountable.
In Trumps universe your adage "You will own nothing and be happy" is quite appropo.
Thanks for your imput.I think this is pretty clear in the tech sector with companies like AMD and NVIDIA, with Intel being a big competitor as well, absolutely smoking competition and blowing businesses out of the water. Want to compete in their market domestically? Too bad, you'll have to go overseas and still eat the cost of tariffs." Kyler
I think the statement about companies like Advanced Micro Devices (AMD) and NVIDIA "absolutely smoking competition and blowing businesses out of the water" is pretty accurate when considering their success in the tech sector, especially in semiconductor production and graphics processing units (GPUs). Both companies have gained significant market share recently, with NVIDIA leading advancements in artificial intelligence (AI) and machine learning, and AMD making major strides in central processing units (CPUs) and GPUs, particularly at Intel's expense in markets like gaming and servers. However, I also think Intel still holds a strong position, particularly in areas like data centers and enterprise-level computing, where its Xeon processors continue to be dominant.
When it comes to the second part of the statement about needing to "go overseas and still eat the cost of tariffs" to compete domestically, I agree that the U.S. tech sector faces significant challenges. The reliance on foreign manufacturing, particularly in Taiwan with Taiwan Semiconductor Manufacturing Company (TSMC) and in South Korea with Samsung, has made it difficult for American companies to stay competitive on costs. However, many are now set up in the US. Consider Trump's deal with TSMC. During his first term, President Trump played a pivotal role in securing Taiwan Semiconductor Manufacturing Company's (TSMC) investment in the United States. In May 2020, TSMC announced plans to build a semiconductor fabrication plant in Phoenix, Arizona, with an initial investment of $12 billion. This decision was influenced by the Trump administration's efforts to encourage domestic semiconductor manufacturing and reduce reliance on foreign supply chains. TSMC officially broke ground on its Arizona semiconductor plant in June 2021 due to delays brought about due to COVID-19. They have since done well and expanded.
The tariffs, especially those imposed during the U.S.-China trade war, have only added to the problem, raising the costs of importing tech products. That said, I’m hopeful about the ongoing efforts to bring some of that manufacturing back to the U.S. Companies like Intel, TSMC, and Samsung are investing in U.S.-based facilities, like Intel's new factories in Ohio and TSMC's planned facility in Arizona. These steps might help reduce the reliance on overseas production and address the tariff-related challenges in the future.
As you may guess, I follow all that is tech due to my investments.Their ever-expanding success in their sector is exactly what concerns me. By all appearances, they will either further monopolize the market or be forced by the government to share the market with smaller producers. Either way, I believe their current model prices out the consumer and counterintuitively stifles outside innovation in an attempt to protect their bottom dollar.
We see this same situation play out with government-refused energy mergers in the Midwest where companies want to monopolize the energy sector in their regions, and in the telecommunications sector where the government forces companies to share hardware. The companies then put the losses back on the consumer, and inflation continues to rise because they want to satisfy investors.
This idea that profit and growth has no ceiling needs a viable alternative, and soon. The way the players are moving on the big stage seems to suggest that manifest destiny will soon be the only path to the growth their investors want to see. Your average Joe doesn't get that benefit.
In lieu of aggressive expansionism, as of yet, I see companies like NVIDIA and AMD pushing for unnecessary software overhauls from developers for the sole purpose of pushing next-gen hardware the average consumer cannot afford. These software overhauls tend to be rushed and clunky, and that's no more clear than the biggest players in the gaming industry consistently releasing broken products and taking two years or more post-release to make the product usable (see the Cyberpunk 2077 release controversy for specific example). The cherry on top being that as we move into digital copies of software (live services, no hard copies, purely digital, requires internet to use), ownership is now no longer correlated with purchases, and companies can now get rid of your purchased products with no refund and no repercussions (a rare occurrence becoming increasingly common).
I believe these tariffs are nothing less than the product of WEF member influence. It serves the elite, and further distances the wealth classes while stifling hope for future growth outside of the already-elite. We won't see the dire consequences for years, and by then the roots will have grown so intertwined with society's infrastructure that fighting it would require choking on the smoke of it all.I agree—tech companies are increasingly dominating the market, which often limits competition and raises prices for consumers. Their focus on protecting profits can indeed stifle innovation from smaller players who might offer fresh ideas and alternatives. It's a fine balance between regulation and fostering a competitive environment.
You make a good point. When companies in sectors like energy or telecommunications try to monopolize, it often results in higher costs for consumers. While government intervention aims to prevent this, it’s clear that companies still find ways to pass on the burden to customers to keep investors happy. It’s a tough cycle that fuels inflation and limits the benefits of competition.
I think your concerns are valid. Companies like NVIDIA and AMD certainly push for software updates that promote next-gen hardware, but often at the cost of consumers who can't keep up with the pace. These rushed software overhauls can create a frustrating experience, and, as you pointed out, the gaming industry has repeatedly delivered unfinished products—Cyberpunk 2077 being a prime example.
The shift to digital-only content further erodes consumer ownership. The ability for companies to remove purchased content without repercussions, especially in a live service model, is troubling for anyone who values the tangible ownership of what they buy. It's a fine line between innovation and exploitation, and the current model may not always have the consumer’s best interest at heart.
Keep in mind, that many Americans feel our trade deals have been imbalanced for a long time, and the tariffs are seen as a way to level the playing field. As for Trump’s use of tariffs to address immigration concerns, it's clear that he's trying to put pressure on neighboring countries like Canada and Mexico to take more responsibility for the immigration problem, especially knowing he would get no cooperation from Congress.
In my view—there's definitely a risk that policies shaped by elite interests, like those from the WEF, can deepen wealth inequality. The long-term impact of these tariffs is hard to gauge, and while they may be a temporary solution, it’s unclear if they’ll really bring about the positive change we hope for or just create more problems. It’s a complex issue, and only time will tell if these measures truly address the root causes or just shift the focus elsewhere.
Interesting, who secured Taiwan semiconductors investment here?
Canada is not taking all of this nonsense sitting down. They are going to tell you what it is all aboot, eh?
https://www.salon.com/2025/02/02/standi … r-tariffs/
Can you spell INFLATION?
The reprisal bullseye placed upon the red states, won't that be delightful?Even The Wall Street Journal Thinks Donald Trump’s Tariffs Are ‘The Dumbest’
The conservative Wall Street Journal’s editorial board summed up President Donald Trump’s newly-imposed 25% tariffs on all goods from Mexico and Canada with a short but scathing headline.
“Trump Takes the Dumbest Tariff Plunge,”
But it warned, “we may have understated the point.”
Trump “is whacking friends, not adversaries,” it cautioned, although it admitted that retaliation from Mexico and Canada that harms red states may force Trump to change tack “sooner than he imagines.”
As the stock market plunged over the development, the Journal pointed out: “Unbridled Tariff Man was always going to be a big economic risk in a second term, and here we are.”
"The 25% tariff will raise the cost of a full-sized SUV assembled in N.America by $9k and a pickup truck by $8k. Is this how the new Republican Party plans on helping working-class voters?”
https://www.wsj.com/opinion/trump-takes … e-5da57946Legendary investor Warren Buffett likened tariffs to “an act of war” in a new interview as President Trump doubles down on his embrace of the economic strategy.
In an interview that aired Sunday on CBS News, anchor Norah O’Donnell asked Buffett about the effects tariffs will have on the economy.
Tariffs are actually, we’ve had a lot of experience with them,” Buffett said in response. “They’re an act of war, to some degree.”
On tariffs’ impact on inflation, Buffett said, “Over time, they are a tax on goods.”
“I mean, the Tooth Fairy doesn’t pay ’em,” he added with a laugh.
Buffett said it’s important in economics to look a step ahead and ask, “And then what?”
“You always have to ask that question in economics,” he said. “You always say, ‘And then what?’”
LOL really? Common sense, right? I mean Buffett must know a little something? But who says nah I'm going to bet on the guy who bankrupted casinos?
https://thehill.com/business/5174362-wa … ct-of-war/
https://www.foxbusiness.com/politics/wa … snt-pay-emThis is coming out to be a dumb move, we can almost assuredly expect retaliation from those countries that are the object of Trump's tarrifs. Maybe Trump can explain tonight what his hair brains schemes will do to the rate of inflation and rising prices?
"I want to speak first directly to the American people.
We don't want this. We want to work with you as a friend and ally, and we don't want to see you hurt either.
But your government has chosen to do this to you.
As of this morning, markets are down and inflation is set to rise dramatically. All across your country, your government has chosen to put American jobs at risk at the thousands of workplaces that succeed because of materials from Canada, or because of consumers in Canada, or both.
They've chosen to raise costs for American consumers on everyday essential items like groceries and gas, on major purchases like cars and homes and everything in between.
They've chosen to harm American national security, impeding access to the abundant critical minerals, energy, building materials and fertilizers that we have and that the United States needs to grow and prosper.
They've chosen to launch a trade war that will, first and foremost, harm American families.
They've chosen to sabotage their own agenda that was supposed to usher in a new golden age for the United States, and they've chosen to undermine the incredible work we've done together to tackle the scourge that is fentanyl, a drug that must be wiped from the face of the Earth.
So on that point, let me be crystal clear. There is absolutely no justification or need whatsoever for these tariffs today.
Now, the legal pretext your government is using to bring in these tariffs is that Canada is apparently unwilling to help in the fight against illegal fentanyl.
Well, that is totally false. Let's look at the facts. Our border is already safe and secure. Far less than 1% of fentanyl flows and less than 1% of illegal crossings into the United States comes from Canada.
But we acted because we know we can always do better. We responded to concerns, including from the president, by implementing an ambitious $1.3 billion border plan, a border plan that includes generational investments in new AI and imaging tools to stop the flow of fentanyl in its tracks. Stronger coordination and information sharing with American agencies, along with the deployment of drones, helicopters and additional personnel to keep our border secure.
Now, a month ago, as part of an agreement with the United States that paused the tariffs, we made further commitments. We appointed Kevin Brosseau as our fentanyl czar, a man
who dedicated his multi-decade career in law enforcement to combating organized crime networks and drug trafficking.
We designated seven drug cartels, sick evil groups who cynically profit off the pain and suffering of people on both sides of the border.
As the terrorist organizations that they are. And just yesterday, we launched a new joint operations partnership, supported by a $200 million investment between Canada's security and law enforcement agencies, a partnership that will enhance the coordination of information and intelligence in order to thwart criminal gangs involved in the illegal fentanyl trade.
And critically, our actions are working as the U.S. states. As the U.S. Customs and Border Protection just acknowledged, there was a 97% drop in fentanyl seizures from January compared to December, to a near zero low of less than half an ounce seized in January.
Even with all the further enforcements and actions we've taken at the border in some, we stepped up. We engaged closely and constructively with the president and his administration. We did everything we promised. We stuck to our word. And we did it because we believe in working together to protect our citizens.
Now, I want to speak directly to one specific American, Donald.
In the over eight years, you and I have worked together. We've done big things. We signed a historic deal that has created record jobs and growth in both of our countries. We've done big things together on the world stage, as Canada and the U.S. have done together for decades. For generations.
And now we should be working together to ensure even greater prosperity for North Americans in a very uncertain and challenging world.
Now, it's not in my habit to agree with the Wall Street Journal. But Donald, they point out that even though you're a very smart guy,
this is a very dumb thing to do."
-Canadian Prime Minister Justin TrudeauTrudeau is still their Prime Minister... I feel bad for Canadians, they don't deserve such a turd running their country for... what... ten years?
A decade of that blowhard running that country into the dirt... a shame.
Gosh this is getting ugly...
The premier of Canada’s most populous province threatened to retaliate and cut off energy to the US “with a smile on my face” — as President Trump’s new 25% tariffs on imports took effect Tuesday.
“If they want to try to annihilate Ontario, I will do everything — including cut off their energy with a smile on my face,” Ontario Premier Doug Ford vowed Monday, the Toronto Sun reported.
https://nypost.com/2025/03/04/us-news/c … war-rages/So now that the markets are crashing and Canada and Mexico stood up for themselves...it’s fake deal time. Run the playbook again?
Trudeau should demand Trump publicly apologize profusely for putting the tariffs on Canada before any more fake deals are made for Trump to save face.Trump’s Tariffs Whack Trump Voters
Whatever happened to GOP concern for the working class?
WSJ...
President Trump won the Presidency a second time by promising working-class voters he’d lift their real incomes. Which makes it all the more puzzling that he’s so intent on imposing tariffs that will punish those same Americans.
Tariffs are taxes, and Mr. Trump’s latest tariffs are estimated to be about an annual $150 billion tax increase. Taxes are antigrowth. That’s the message investors are sending this week since Mr. Trump let his 25% tariffs on Canada and Mexico take effect. The President also raised his 10% tariff on China by another 10%.
As far as some immediate impacts, the board wrote, "Brace for higher prices on berries, bell peppers, and, gulp, beer" — with one of the most popular beers in the country, Mexican-brewed Modelo Especial, taking a clear hit.
To top it all off, Trump's tariffs affect oil products, too, meaning "pain at the pump" is coming, said the board — particularly in the Midwest, and for drivers of large trucks.
Trump-supporting areas will be affected brutally, the board contended.
"The President also professes to love American farmers, but he apparently loves tariffs more," the board chided. "U.S. farmers are already being squeezed by low crop prices and inflation.
Tariffs will increase their pain. About 85% of the U.S. potash supply for fertilizer is imported from Canada. China is hitting U.S. farm exports with a 15% tariff, which will let farmers in Brazil and Australia grab market share.". OH WELL
Ultimately, the board concluded, "Mr. Trump’s tariff spree is the triumph of ideology over, well, common sense. Let’s hope the President soon comes to his senses."
https://www.wsj.com/opinion/donald-trum … s-dc140dbcHere's even more....
"Please explain to Governor Trudeau, of Canada, that when he puts on a Retaliatory Tariff on the U.S., our Reciprocal Tariff will immediately increase by a like amount!” he said." (This is what Trump says)
This mutton head thinks that Canada is going to accept tariffs imposed on their goods and services provided here without some sort of retaliation on their part? Just how dumb is that, totally useless threats and intimidation?
https://www.huffpost.com/entry/-canada- … 168880e1fbTariffs? Not on that! (Yet.) You're fired! Oops, you're rehired. Trump is all chaos. OPINION
A quick message from the brilliant and smooth-running Trump administration:
Hello, Americans! We love all Americans. Except for the traitorous Democrats and anyone who speaks ill of Trump or our other president, Musk. Those people don’t get a “hello.” We retract that “Hello, Americans!” and will soon issue an executive order clarifying that the phrase “Hello, Americans!” only applies to MAGA Americans.
Anyway, we wanted to let you know things are going BIGLY WELL and YOUR president is leading with great consistency and stability.
Consider tariffs. WE LOVE TARIFFS!
That’s why on Tuesday we put 25% tariffs on all Mexican and Canadian imports. BIG, STRONG TARIFFS. We hit them hard, and showed the world we are resolute and tough.
Well, we did until Wednesday, when we issued a one-month tariff exemption on automobiles. BUT ONLY FOR A MONTH. After that, we will definitely fully tariff everything that is tariff-able.
We do not equivocate and we will not bend. DO NOT DOUBT THE IRON WILL OF THE TRUMP ADMINISTRATION. It is our way or a highly tariffed highway.
As Commerce Secretary Howard Lutnick told Bloomberg TV on Wednesday: “The president is listening to offers from Mexico and Canada. He’s thinking about trying to do something in the middle.”
YES! Correct.
We are tough and immovable and nobody will mess with us, but we might do something in the middle.
We’re not exactly sure where the middle is, but rest assured, we will go there strongly, like never seen before .... Maybe. Sort of. Kind of. Who knows...
Lutnick clearly stated the tariffs will cover “not 100% of all products and not none,” and regarding exemptions, “it could well be autos, it could be others as well.”
It’s this kind of clarity that will strike fear into the hearts of the trading partners we are attacking for no apparent reason.
And it should calm the nerves of any American uncertain how tariffs might impact their cost of living, knowing the Trump administration will 100% slap tariffs on “not 100% of all products and not none.” Only radical leftists wouldn’t understand that kind of clear, predictable thinking.
We know the markets don’t like uncertainty, which is why we are being so perfectly decisive and logical.
The markets ARE reflecting that clarity, as long as you flip them upside down, which you will have to do under an upcoming executive order called the “Make Stock Market Charts Look Great Again Act.”
Outside of tariffs, our mission to transform the federal government is both straightforward and comprehensible under Musk’s surgical leadership.
Nothing chaotic is happening in your government, rest assured.
Many people are being fired, and that is happening bigly and strongly. Some who have been fired have later been rehired because we accidentally on purpose fired them before realizing they’re responsible for something we didn’t know they did.
This sensible, straight-line approach to managing people should be applauded by you. (Applauding will be mandatory under the upcoming “Domestic Applause Requirement Act,” which we’ll later learn is unconstitutional and then override with the “Domestic Applause Requirement Act Revocation Act.”)
We have been masculinely and with great force eradicating WASTE AND FRAUD in our government while smartly and simultaneously reintroducing things we thought were waste and fraud that turned out to be necessary to keep our nuclear weapons from exploding underground and wiping out the western half of the nation.
We have also brilliantly cancelled something called “Ebola prevention” because we thought “Ebola” was a made-up word, and then efficiently lied about restoring money to Ebola prevention because we still don’t believe it’s a real word, and you never hear of any billionaires catching Ebola anyway.
We kicked the president of Ukraine out of the White House after insulting him, because that’s how you make deals. And we have tricked all of Europe into thinking we’re now the bad guys while also sucking up to Russia, leaving the world unable to figure out whose side we’re on or what we’re doing, or why.
To be honest, we’re not even sure what day it is. We’ll decide what day it is. In fact, we’re going to call this Golfday, because we can do whatever we want. All calendars must now be changed to include Golfday. Anyone who points out that an eight-day week will mess everything up gets a free trip to Guantanamo.
You see? This is the kind of steady, practical leadership Republicans sought. The Trump administration is delivering vigorously for the American people it views as actual Americans.
Or maybe we’re not. Who knows? Things are changing about every 17 seconds over here anyway.
Bye!
https://www.usatoday.com/story/opinion/ … 646291007/I'm beginning to think Trump is manipulating the stock market with the inconsistency of tariffs on and off again to the benefit of his ???
There is no solid evidence to support the claim that President Trump is manipulating the stock market through his tariff policies for personal or political gain. While it is true that markets react to tariff announcements, this is a common occurrence with any major economic policy shift, regardless of the president in office. This kind of thinking reflects a conspiracy attitude, assuming wrongdoing without factual proof.
Stock market fluctuations are normal, and tariff decisions—like any major economic policy—naturally cause market shifts. This was evident not just under Trump but also during previous administrations. Markets reacted similarly to trade tensions under Obama and even Biden’s handling of China relations. Trump’s tariff policies were largely a negotiation tool aimed at securing better trade deals, particularly with China. The back-and-forth nature of these policies was part of a broader strategy that ultimately resulted in the Phase One Trade Deal in 2020. If the goal were manipulation, there would need to be clear evidence of intentional market exploitation rather than a strategic trade approach.
There is no evidence that Trump personally profited from these fluctuations. Accusations of market manipulation imply insider trading or financial gain, yet no concrete proof exists. Given the level of scrutiny on Trump’s financial dealings, any deliberate scheme to profit from tariffs would have likely been uncovered by regulatory agencies or investigative journalists. Furthermore, it is important to recognize that presidents do not directly control the stock market. While their policies influence investor sentiment, stock prices are shaped by numerous factors, including corporate earnings, Federal Reserve policies, global economic trends, and investor behavior. Suggesting that Trump single-handedly controlled market movements oversimplifies the complexity of market dynamics.
Keep in mind that Trump's goal, which he has made very transparently clear, is to establish reciprocal tariffs on all nations. His trade policies have always emphasized fairness and equal treatment in trade relationships, rather than market manipulation. This conspiracy attitude assumes that normal policy fluctuations must be part of a deliberate scheme rather than recognizing the realities of trade negotiations and market behavior. Unless there is verifiable proof that Trump altered tariff policies to benefit himself or specific individuals financially, this remains speculation with no factual basis.
I can't imagine that the Democrats are not sharing your very thought, and you can bet they will go down every avenue to not only look into this issue but, in most cases, start unproven rumors as you have done here with your comment. If there were any legitimate evidence of Trump manipulating the stock market for personal gain, his political opponents would have already launched thorough investigations. Instead, what we often see are speculative accusations without proof, designed to cast doubt rather than present factual analysis.
Don't bother replying—I’ve already moved on from this conversation. — shrugIt may be your assumption that Trump's tariffs are about trade deficits but that is not the stated reason...
"SAFEGUARDING THE NATION: President Donald J. Trump is proceeding with implementing tariffs on Canada and Mexico under the International Emergency Economic Powers Act (IEEPA) to combat the extraordinary threat to U.S. national security, including our public health posed by unchecked drug trafficking."
How much fentanyl came through the Canadian border last year?
https://www.whitehouse.gov/fact-sheets/ … afficking.Yes he did just as he promised... He won on his strong stand on using tariffs. Promise kept
What percentage of voters claim that tariffs were important to them? I believe the largest percent voted for the economy, which he has done absolutely nothing on... We can see that every time we walk down the grocery aisles. He hasn't done anything to reduce prices, in fact prices have risen on many items.
Trump exempts Mexico from tariffs for USMCA goods until April 2
Trump delays tariffs for Mexico after conversation with Sheinbaum Pardo.
Trump is using tariffs as a tool to bring about reciprocal trade agreements. He does have a different view regarding Canada and Mexico. He is working to cut the flow of drugs.
""After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement," Trump wrote. "This Agreement is until April 2nd. I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation!" Source President TrumpNo source? I provided the White House statement as to the reasoning of the tariffs
So you say he is going to ease (pause) the tariffs until progress is made on stopping drugs from coming into our country. How about the drugs that are coming in during the one month pause?
This constant flip-flopping with not only his tariffs, but also with Musk and his firing and rehiring tells me they don't know what they are doing.
Trump has very simple solutions for everything, but it is apparent he does not consider the consequences of what he is doing.I look at half full-- he is trying hard to prevent the amount of drugs from making their way in. Guess some feel the problem is too overpowering and should be ignored. As many presidents have done. Don't look, you won't see the problem. I noted you chose not to answer my question regarding reciprocal tariffs. I think the idea is a wise one.
This is from The Hill:
The system is simple, as each country’s tariff schedule, with few exceptions, must apply equally to all trading partners in the World Trade Organization. Since 1947 this arrangement resulted in a stable, predictable global trading environment, ensuring predictable market access and encouraging investment in trade activities.
Yet Trump’s reciprocal tariff plan is basically a framework for him to destabilize global trade by increasing U.S. tariffs against any trading partner to any tariff rate he chooses, for any reason, including non-trade issues. Trump has no intention to rely on U.S. reciprocal tariffs if foreign tariffs are low.
For example, he triumphantly signed a trade agreement with Canada and Mexico in 2019 that set most tariffs at zero for all three partners. Now Trump has bizarrely concluded that, despite his brilliant agreement, Canada and Mexico are still cheating on trade (or something), hence his new 25 percent tariffs against them in 2025.
For Canada and Mexico, the latest excuse for tariff punishment is their immigration cooperation and fentanyl interdiction policies, which Trump deems to be insufficient. He will take the same approach to all other countries, blithely slapping tariffs unilaterally on any country he holds a grievance against. Those complying with his demands can expect to see him come back with new tariff threats on issues of his choosing.Just my view on the article you shared.... This argument ignores key realities about both the World Trade Organization (WTO) framework and Trump's trade policies. First, while the WTO does require member nations to apply their tariff schedules equally to all trading partners (except in the case of trade agreements), it does not prevent countries from taking action against unfair trade practices, nor does it prohibit the use of tariffs for national security concerns. In fact, under WTO rules, countries can impose tariffs or trade restrictions in response to violations such as market manipulation, currency devaluation, or national security threats. Trump’s approach is not a reckless destabilization of trade but a strategic move to correct longstanding imbalances and pressure foreign governments to address issues like illegal subsidies, trade barriers, and even national security threats like drug trafficking.
The claim that Trump imposes tariffs for any reason he chooses, including non-trade issues, is misleading. His tariffs have been used primarily in response to economic and security concerns—whether it’s China’s dumping of subsidized goods, Mexico’s failure to stop cartel-driven drug trafficking, or Canada’s protectionist policies on dairy and lumber. To pretend that these issues have no economic implications is naive. The fentanyl crisis, for example, is not just a law enforcement issue; it has massive economic consequences, including rising healthcare costs, workforce productivity losses, and strain on public resources. If Mexico and Canada fail to uphold commitments to help curb trafficking, why shouldn’t the U.S. use economic leverage to force compliance?
The argument also contradicts itself by claiming Trump has no interest in low foreign tariffs, while pointing out that his USMCA agreement with Canada and Mexico eliminated most tariffs. If Trump were simply eager to impose tariffs arbitrarily, he wouldn’t have negotiated a deal that reduced them in the first place. His willingness to reinstate tariffs suggests that he expects countries to hold up their end of the bargain—if they don’t, they face consequences. That’s not destabilization; that’s enforcement.
This claim that Trump will endlessly slap tariffs on countries whenever he feels like it is pure speculation, unsupported by facts. His tariff strategy has always been tied to specific objectives: lowering trade deficits, countering unfair practices, and using economic pressure to achieve diplomatic and security goals. Whether one agrees with his methods or not, dismissing them as erratic or reckless ignores the broader strategy behind them. Trump’s tariffs are not a blunt instrument of chaos—they are a tool to defend U.S. interests, hold trade partners accountable, and ensure that American industries and workers aren’t being taken advantage of.Boy did I take your bait!! It's like you were primed and ready for my answer, so that you could dispute it almost in its entirety. I guess the Hill was wrong, according to you.
No, The Hill was not wrong; we just have different perspectives on the issue. I've been taking a serious look at tariffs, examining both sides of the argument. I've reviewed historical data and considered the opinions of several economists regarding Trump's strategy of using tariffs as a tool, including his push for reciprocal tariffs. I'm simply trying to gain a deeper understanding of what he aims to achieve. I'm not inclined to buy into conspiracy theories—I believe he's determined to establish a form of fair trade. Will he succeed? Maybe. Would I like to see him succeed? Absolutely, because I believe it would ultimately benefit our nation.
That really doesn't address your previous post. The White House is put out an official statement pertaining to the reason for tariffs on Canada and Mexico.... Fentanyl
I will admit, I'm not sure you are reading my comments. I must have repeated what the WH put out. He is treating Mexico, China, and Canada with tariffs as was shared by the WH to assure they see the seriousness of the problem and step up with helping to cut the flow of drugs into the US. Your source was a good one. Shared what I have been saying.
No you claimed that the tariffs were due to trade deficits.
The source was a quote Trump provided on Truth Social, Facebook, and I am sure other social media.
I am going to keep this simple. Trump is flip-flopping with tariffs because he really doesn't know how they work. According to Warren Buffet, they are an act of war and a tax on consumers. Trump has levied tariffs on foreign autos, but he doesn't realize or know that many of the parts that go into America Cars come from foreign countries.
The reason being their labor is cheaper than our corporations labor. Corporations are concerned about bottom line profits. So Trump puts a one month pause on several of his tariffs, because he doesn't know what he is doing.
He thinks that if he levies tariffs on Mexico that the cartels are going to bring fentanyl through Canada. Here are the facts and Warren Buffet's take on tariffs.
https://www.msn.com/en-us/news/world/ho … ocialshare
https://finance.yahoo.com/news/warren-b … p_catchallDo you believe reciprocal terms are unfair? I can assure you that I fully understand the complexities of tariffs. He is taking a different approach with China, Mexico, and Canada to help curb the flow of drugs. So far, he has shown a willingness to work with these nations by easing certain tariffs as progress is made on securing our borders, as exemplified by this morning’s announcement.
The context shows I was sharing my view. Can't imagine why you misunderstood my context. Not interested in stats. One is too many to die from drugs. Do you know the tiny amount of fentanyl that can kill? Forgot that is just not a concern when it comes to stats --- for some.
Do you really believe that if you sealed off the whole country from drug traffic that drug abuse would disappear? Spoiler alert, it would not. Drugs are made for the sole purpose being that Americans want drugs... But more importantly where are the substance abuse programs being funded alongside interdiction efforts? They would go hand in hand. Just common sense... If there is so much concern for Americans dying due to drugs, where are the programs? This is a phony reason for tariffs. The government doesn't give 2 sh*ts about people dying... That is glaringly obvious
No doubt that we have a 5 alarm dumpster fire over here, right now.
You mentioned that the amount of fentanyl coming in from Canada is negligible, so what is the real reason Trump is declaring war on Canada?
It is a stupid thing to make an enemy of someone unnecessarily.Just my guess but I think his tariff scheme is an attempt to raise revenue to offset his tax cut for the wealthy plan. I think almost everything he does or wants to do lead back to that plan. But in terms of Canada, the tariffs really could be an effort to coerce Canada into becoming the 51st state.
At this point, I'm praying that America doesn't become Trump's 7th bankruptcy...
This is how toned off this bunch is...
Treasury Secretary Scott Bessent on Thursday offered a full-throated defense of the White House's position on tariffs, insisting that, "Access to cheap goods is not the essence of the American dream."
But excuse me Mr billionaire Bessent...many of us rely on reasonably priced goods to get by... Guess it's something he can't relate to.Trump’s ‘tough on trade’ act crumbles the second reality hits. He’s now scrambling to delay, pretending it’s out of ‘respect’ instead of admitting they’re tanking the economy. Even his own administration is hinting at more exemptions. The con is falling apart in real-time.
Every single trade provision trump is now whining about with Mexico and Canada is a trade provision HE HIMSELF negotiated in the USMCA in 2018... Doesn't he remember?
House Republicans are cutting over $72 million to substance abuse and mental health services in their newly-released spending bill....
But please, tell me more about the horrors of fentanyl...
We all know stopping fentanyl is a cover, if they were really serious, the best way would be to stop use in the USA, cutting substance abuse programs and mental health services benefits no one except drug dealers and billionaires which at this point are the same.
Cutting Substance Abuse and Mental Health Services by a staggering $72 million, reducing Child and Family Services programs by $40 million, and gutting HRSA-wide health services by an unbelievable $890 million.
https://rules.house.gov/sites/evo-subsi … ll_xml.pdf
HYPOCRITES
As if that’s not bad enough, they’re also stripping over $200 million from higher education funding. This is absolutely shamefulWell, I've watched as my neighbor state, Oregon, spent vast sums on substance abuse. Vast sums providing clean needles to addicts, safe places to shoot up and drugs to counter their OD's. Money spent to encourage drug use, to make it easier while Oregon looks the other way.
I watched as it utterly failed to accomplish anything useful, too. Best cut such expenditures.You need to research this subject more. Are you aware of the fact that Biden gave historic budgets that are now being cut, due to unspent, and misallocated funds?
You're perfectly welcome to make your case. I've presented the link to the budget. Why should I assume that the Biden administration overspent in these areas and not spent appropriately? Do you really feel that this country can use less mental health and substance abuse spending at this point in time??
I have no reason to make my case. I remember the huge amount that Biden offered up. I have done the reading, and looked at the stats. The cuts are more than appropriate, and are a small percentage-wise to the programs in question. You just never go into the whys of anything. Just grab a blurb and run with it.
'You just never go into the whys of anything. Just grab a blurb and run with it.
And the case you're making is what? That Bidens number in terms of mental health and substance abuse programs was just unreasonable? Allowing too much to be spent in these areas? how? Why? If that's the case, it seems like we would be doing just fantastically well in these areas, right?
So much so that we can cut the little help that is available... Would you really like a rundown of the stats in terms of these areas? There's absolutely no evidence to support your reasoning.
You're basically stating that since Biden spent a particular dollar amount there is justification to cut it without any reasoning as to whether his dollar amount was even sufficient to begin with??
They are also proposing cuts to the VA... Did Biden spend too much on that also?
The Trump has proposed reducing the Department of Veterans Affairs budget by 22 %
Guess they don't need as much as they used to...
FUN FACT...it does not include $22.8 billion in fiscal year 2026 advanced funding for the Toxic Exposures Fund, which cares for veterans exposed to burn pits,Biden's administration spent historic funds--- the Health Resources and Services Administration (HRSA) received significant funding allocations aimed at enhancing healthcare services across the nation. In the Consolidated Appropriations Act of 2021, HRSA was allocated $7.5 billion.
President Biden's administration, funding for Child and Family Services has seen historic increases. In Fiscal Year (FY) 2024, the Child Care and Development Block Grant (CCDBG) received an appropriation of $12.3 billion, reaching nearly 840,000 children under five nationwide.
NEWAMERICA.ORG
Furthermore, President Biden's American Families Plan, announced in April 2021, included a $200 billion investment in free universal preschool and a $225 billion investment to make high-quality child care more affordable and to support the child care workforce.
AMERICANPROGRESS.ORG
These substantial investments underscore the administration's commitment to enhancing Child and Family Services, marking historic funding levels in these areas.
SourcesAnd were those amounts enough to address even in a minimal manner the mental health and substance abuse issues in this country?? Are you really advancing the idea that we are doing so well in these areas that we can scale back in terms of our financial commitment to them? Your post has made a great case for Biden's programs though.
Really just not understanding how you can talk about the horrors of fentanyl in one post and in another post support reducing money for substance abuse...oh wellI certainly didn’t mean to suggest that we are doing well in any of the areas where funding was cut. My point is to debate why the cuts were made. In many cases, mismanagement played a role, with funds either being poorly allocated or left unused. The cuts themselves were minimal, almost as if Republicans simply wanted to appear fiscally responsible rather than make a meaningful impact. So far, I haven’t seen any real proof that these cuts are achieving significant savings. I think it's too early to even think of being able to see if Trump's efforts will work.
I feel we have failed in healthcare, education, and mental health, as well as to many who live in poverty in our nation.
The market is circling the drain as we inch toward recession...this inept bunch has taken an economy that was healthy and torn it apart in record time. Prices are up, employment is down and twice yesterday trump wouldn't deny that's exactly where we are headed. The only encouraging thing right now? The growing grassroots protest.
Some great news?
“I love Americans. It’s been 20 years of my life. But in saying that, no, we’re going to put a 25 percent tariff on electricity coming from Ontario to Michigan, New York and Minnesota,” Ford said during a Thursday appearance on Fox Business Network’s “The Claman Countdown.”
The leader said new tariffs are scheduled to be implemented Monday in an effort to push back on Trump’s international economic measures.
I'm sure folks in these three states will be more than happy to support trumps plan, right?
https://www.yahoo.com/news/ontario-tari … 45399.htmlWhereas Canada's new electricity surcharge will hurt a few US states, it could turn out to hurt Canada more--- I am sure Trump will strike back quickly, most likely today. He is serious about using tariffs to bring about fair trade, possibly reciprocal trade.
He has several options to counter Ontario’s 25% surcharge on electricity exports. He could impose higher tariffs or surcharge on other Canadian energy exports, such as oil, natural gas, or uranium, which would significantly impact Canada's energy sector. This would be cripling to their economy.
Another possibility is expanding or reinstating new tariffs on Canadian goods, including steel, aluminum, or agricultural products like dairy and lumber, which have been points of contention in past trade disputes.
Trump could also restrict or block electricity imports from Ontario altogether. This forcing states like Michigan, New York, and Minnesota to rely more on domestic sources or alternative energy markets. Additionally, he could push for increased U.S. energy production to reduce dependence on Canadian imports, promoting domestic coal, nuclear, or natural gas plants to fill the gap.
Finally, he could apply regulatory pressure or sanctions on Canadian companies operating in the U.S., particularly those involved in energy and infrastructure. If Trump does strike back, it could escalate tensions between the two countries, leading to economic consequences on both sides. However, given Ontario’s reliance on U.S. trade, Ford’s move may ultimately hurt Canada more in the long run.
So, while Canada’s electricity surcharge may be protected under certain provisions of the USMCA, if they were to violate specific trade rules or significantly harm U.S. trade interests, there could be legal challenges or negotiations under the agreement's dispute resolution framework. The protection would depend on the rationale for the tariff and whether Canada can justify it within the terms of the USMCA. I have never read the agreement, it may provide some protection against Canada putting surcharges on electricity. Most likely not, I would think Ford did his homework.
It will be interesting to see how Trump handles this surcharge. I don't think this is a surprise to those that voted for him. He clearly stated he was going to use tariffs to bring fair trade.Wondering how people would be feeling right now if we were under a Harris administration and the stock market had crashed, prices rising, inflation rising, unemployment rising, energy prices going up and tariffs that will cause Americans to pay more for just about everything they touch? Remember when it was a national emergency when Biden fumbled a word? LOL but all of this is okay?
Remember people just three or four months ago crying and screaming about eggs? LOL are they really satisfied today with paying 25% more for their energy? All due to trump? A lot of people didn't vote for this and will abandon him quickly.
Do you think people in these three states that are affected are celebrating the 25% raise in rates? Thanking trump?
I do not find that he has commented on Canada's move at all. I don't think he really cares if people have to pay more.Yep, somebody has either laid an egg or has egg on their faces, I am seeing $8.00 for a dozen eggs.
My point was not to speak for anyone but myself--- I don't think any of this is a surprise to those that voted for him. He clearly stated he was going to use tariffs to bring fair trade. It would be logical that we would be in for some rough times while Trump attempts to bring fair trade. Many will be very upset by a tariff war and the pain that will be felt. No one wants to have all that comes with a trade war. The question one needs to ask is, are you satisfied with unfair trade?
So you're saying you voted for this because you wanted this? Well you got what you voted for in spades. Over 70 million people in this country did not vote for this nonsense. Plus we have another 90 million whose leanings are unknown. I don't really know of anyone who is happy with what is happening right now.
The problem is that economists largely view tariffs as ineffective and outdated tools for correcting trade imbalances. People were warned.There are people who are seeing the world far differently than you or I, or the majority...
There is reason for it, these people choose to stay plugged in to the Rachel Maddow show and the View... despite how obvious their nonsense may be to you and I, or the majority... there are some that get sucked in to it... not realizing it is they that have become demented and estranged.
This video is a great example of it, if you focus on the protesters, what they say, what they think... clearly they are not working with all the facts and faculties, and we have people like this throughout DC and the Media.
https://www.youtube.com/watch?v=a4GCLKB_YTU
Its a major problem... they emptied out the Mental Institutions in the 70s, and 50 years later the occupants, or those that would have been occupants, now drive the politics and the agendas of the Progressive left.Rachel maddow? LOL
More like Rand Paul....
"The stock market is comprised of millions of people who are simultaneously trading. The market indexes are a distillation of sentiment. When the markets tumble like this in response to tariffs, it pays to listen."
Trump who has no understanding of economics and has bankrupted many of his companies, is openly talking about a recession as a result of his idiotic trade war. History shows tariffs hurt rather than help. Those of us who are not billionaires just watch our little 401ks tank...
Speaker Johnson on Friday told Fox News that regular Americans shouldn’t worry about things like price increases or the S&P 500 having its worst week in months: “We're transitioning from Bidenomics and the terrible economy that was delivered by the last administration. It takes a while to turn that ship around.”
LOL ARE YOU FREAKING KIDDING ME
You see, transitioning from 50 straight months of job growth, the second best market returns for a presidential term since 1945 and factory construction hitting its highest point in over 50 years is going to take some time. Ok...gotcha.
It's natural to feel economic discomfort when the economy is being ruined, right?So, now you refer to liberal and progressives as mental cases. Funny, I say the same thing about your Trump/rightwing oriented folks. So are we at an impasse?
... lets call the whole thing off.
You say tomato and I say its a pepper...
Tomato... pepper ... Potato... onion... lets call the whole thing odd.
Yes odd... its odd that you think a pepper is a tomato and an onion is a potato...
You say the pepper identifies as a tomato, so we need to respect it... I say a pepper is a pepper and cannot be a tomato no matter what its messed up head has to say about it...
Lets call the whole thing off...
Something to celebrate? Is this what maga calls "alternative winning"
The worst and dumbest president in America's history just destroyed the strongest economy in the world in a record-breaking 50 days.
All he had to do was leave Biden's policies in place.
What else can this bunch break... There's probably nothing more dangerous for this country than an idiot who thinks he's a geniusFact Check: is Trump once again lying about the nature and size of trade deficits with the EU, Canada, Mexico and China?
How can there be so much difference in what Trump says and the reality?
This is not the only source for this information...
https://www.cnn.com/2025/03/06/politics … index.htmlGreat info Credence. It's always a worthwhile endeavor to fact check Trump's statements.
I find it's also been interesting to go back and look at his first term.
02/05/2021
"America’s trade gap soared under Trump, final figures show...
"As Trump tamped down on imports from China, U.S. companies turned to other foreign suppliers.
The U.S. trade deficit over the four years of President Donald Trump’s presidency soared to its highest level since 2008, despite his tough tariff tactics intended to bring it down, a new Commerce Department report showed on Friday.
The combined U.S. goods and services trade deficit increased to $679 billion in 2020, compared to $481 billion in 2016, the year before Trump took office. The trade deficit in goods alone hit $916 billion, a record high and an increase of about 21 percent from 2016.
Trump failed in one of his major trade policy goals because the U.S. trade deficit is driven more by macroeconomic factors, like how much a country spends and saves, than it is by tariffs and foreign trade practices, analysts said."
Gosh, what do they call it when you do the same thing over expecting a different result?
https://www.politico.com/news/2021/02/0 … cit-466116
“Based on Ontario, Canada, placing a 25% Tariff on ‘Electricity’ coming into the United States, I have instructed my Secretary of Commerce to ad an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD,” Trump said in a social media post Tuesday.
Ontario Premier Doug Ford today.... “Is it a tool in our tool kit?” he said of a complete shutoff of electricity to 3 states... “100%. And as he continues to hurt Canadian families, Ontario families, I won’t hesitate to do that.”
Ford threatened to shut off electricity supply to the US entirely.
Trump’s aim is to hurt the Canadian economy by imposing higher steel and aluminum tariffs on them, the move risks hurting the American economy as well....
Canadian aluminum imports account for 41% of all aluminum the US imported last year, while Canadian iron and steel accounted for nearly a quarter of it.
The threat of a 25% tariff on Canadian aluminum alone could cost the US 100,000 jobs, ....OH WELL THIS IS WHAT MAGA VOTED FOR.
https://www.cnbc.com/2025/03/11/trump-r … uties.htmlThat "man" is unhinged. But the people around him are dangerous.
Donald J. Trump
@realDonaldTrump
Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD. This will go into effect TOMORROW MORNING, March 12th. Also, Canada must immediately drop their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products, which has long been considered outrageous. I will shortly be declaring a National Emergency on Electricity within the threatened area. This will allow the U.S to quickly do what has to be done to alleviate this abusive threat from Canada. If other egregious, long time Tariffs are not likewise dropped by Canada, I will substantially increase, on April 2nd, the Tariffs on Cars coming into the U.S. which will, essentially, permanently shut down the automobile manufacturing business in Canada. Those cars can easily be made in the USA! Also, Canada pays very little for National Security, relying on the United States for military protection. We are subsidizing Canada to the tune of more than 200 Billion Dollars a year. WHY??? This cannot continue. The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear. Canadians’ taxes will be very substantially reduced, they will be more secure, militarily and otherwise, than ever before, there would no longer be a Northern Border problem, and the greatest and most powerful nation in the World will be bigger, better and stronger than ever — And Canada will be a big part of that. The artificial line of separation drawn many years ago will finally disappear, and we will have the safest and most beautiful Nation anywhere in the World — And your brilliant anthem, “O Canada,” will continue to play, but now representing a GREAT and POWERFUL STATE within the greatest Nation that the World has ever seen!It’s interesting to see how the electricity surcharge from Ontario is really a non-issue for Michigan, especially since DTE, our largest electric company, doesn’t buy any power from Canada. With the entire state only importing 0.5% of its electricity, it’s barely a blip on the radar. The bigger impact will be Trump’s tariffs on aluminum and steel at 50%, which will push U.S. companies to source elsewhere. Canada stands to lose $7 billion on steel and $9 billion on aluminum, making it a major shift in trade. As Trump said this morning, we’re moving to reciprocal trade starting April 2—finally evening the playing field. I pay what you pay—it’s genius. No fuss a done deal.
In 2024, the percentages of electricity imported from Canada relative to the total consumption in New York, Michigan, and Minnesota were as follows:
New York: Approximately 4.4%
Michigan: Less than .5%
Minnesota: Less than 1%
These figures indicate that while New York has a modest reliance on Canadian electricity imports, Michigan and Minnesota's dependencies are minimal. For many, many years, our DTE (before it was a liberal project) invested in renewables. Minnesota also has been investing for a very long time. Not sure why New York came on board late.
Looks like New York has a bit more of a problem.New York has a lot of problems... they are in a race with California to see who can collapse the first.
I would guess that their liberal government simply didn't prioritize investing in renewables. Perhaps there were too many other liberal initiatives to focus on, leaving clean air and ensuring the state has reliable, independent power to light homes on the back burner.
Yes, California also buys its electricity --- it imports about 20% of its electricity from other states and Canada. Go figure
The other big development today is the team meeting in Saudi Arabia to kick off peace talks. I'm holding onto hope—though it's a little shaky. You've got to give credit to Trump; he certainly knows how to juggle multiple issues at once and doesn’t let any of them be swept under the rug. Liberals are in full panic mode. Ken, also, keep an eye on DOGE.Gov—they're stacking up savings in outrageous amounts. I have been posting their findings and savings here on HP but no one comments --- eyes closed, fingers in ears. So, I am not taking the time to post. I guess the final tally will speak loudly.
Grateful that it's not hitting home personally? Not sure I understand that. Seeing that you have welcomed Trump's tariff plan. How happy do you think the almost 2 million people that it will hit will be? Estimates are there electric bills will rise by up to $100 per month... Sort of rough especially when people are suffering with the high cost of living under Trump
They caved today on the surcharges on Electricity. Trump wants reciprocal tariffs, it will provide fair trading. I am completely for this form of trade. Why would anyone not want fair reciprocal tariffs? I have every confidence he will keep this promise.
I hope Canada retaliates to the greatest extent possible, biting Trump and rightwing America squarely in the arse.....
They have little to retaliate with---The U.S. has more flexibility in finding alternative suppliers because its economy is incredibly diverse, with access to a wide range of industries and global markets. This means that if it can't get something from Canada, there are plenty of other countries it can source from. For instance, when it comes to natural resources like oil, the U.S. is a huge producer itself, especially with shale oil and natural gas, so it’s not as dependent on Canada. Plus, the U.S. has strong geopolitical influence and can strike trade deals with a variety of countries to ensure it gets the goods and services it needs. In areas like technology and innovation, the U.S. is a leader, meaning it can develop alternatives to products or materials it imports, giving it even more options. Meanwhile, Canada is more reliant on the U.S. because it has fewer alternative markets to turn to for certain resources, especially things like oil and agricultural products. So, while both countries depend on each other, the U.S. has more room to maneuver when it comes to finding alternatives.
LOL so what's the point of the tariff war then? If we will just find another foreign source for certain products? Makes no sense whatsoever.
"They have little to retaliate with---"
Oil?
Canada is about to mess around and find out...
The US has no need of Canada... many Americans may suddenly find themselves employed and filling all those positions that were shipped over to Canada when NAFTA was passed... no sense building things in Canada when those goods are then tariffed to the wazoo.So, that idiot President of yours has an unprovoked problem with Canada and the Canadians? No, they are not entertaining any idea of being a 51st state. This all is some sort of stupid personal vendetta from Trump against Canada. At this point, if it were not for the climate I would rather live there than here.
There is no reason to antagonize a reliable ally, none whatsoever.Ally of what?
Ally to the corporations that shipped jobs from Ohio and Michigan over to Canada once those corporations got our politicians to pass NAFTA?
Ally of taking in massive amounts of migrants that they then allow to freely flow across into the US?
What exactly is the benefit of Canada being our "ally"?
Is that like the benefit we get from carrying the load for the EU when it comes to NATO and their military defense?
We act as the world police... while they take our jobs and put tariffs on all things made in America... but when we have a President that demands fair treatment and fair trade laws they cry and say he is evil?
OK... well they can continue to support their war against Russia, without us.
And Canada can continue to do what it wants to do... and pay a stiff tariff on everything they ship to America... we will see what economies collapse first... and whose citizens pay the price.
The premier of Ontario, who has imposed a 25% surcharge on electricity exports to the United States, on Tuesday said he would not back down until U.S. President Donald Trump scrapped his tariffs on Canadian imports.
Doug Ford, reiterating a threat he made on Monday, also said he would not hesitate to cut the supplies if need be. Ontario exports power to 1.5 million homes in New York state, Minnesota and Michigan.
"We will not back down. We will be relentless. I apologize to the American people that President Trump decided to have an unprovoked attack on our country,"
Asked in a separate interview about the possibility of cutting power supplies altogether, Ford said: "Is it a tool in our tool kit? 100%. And as he continues to hurt Canadian families, Ontario families, I won't hesitate to do that."He will be relentless in driving the Canadian economy to the bottom of the global barrel... his hubris and arrogance when in a clearly weaker and inferior position is a sign of the times.
Canada, the EU, these nations that have lived on the tit of America's good graces and strong economy are finding out that when we put a person in charge of the Nation that puts the Nation first, they don't have a leg to stand on.
Ford is acting like a little kid that was scolded... a little kid with no real power that is going to cause far more harm to his people than to America or Trump.Good, I hope the Canadians turn on the screws to make American consumers even more uncomfortable. We voted the "goof ball" in and deserve no less.
They appear to have caved today. Trump hopes to reach a fair reciprocal trade, which will be fair for any nation we trade with.
Trump really doesn't seem to be very good at this tariff stuff does he? I mean he was a failure with tariffs during his first administration...
I think he will have his demands met regarding reciprocal tariffs. I see clear sailing on that issue. I feel he did fairly well with how he used tariffs in his last term. Example--- Job growth under the USMCA didn’t happen overnight, especially since COVID-19 hit right before it took effect in July 2020. The pandemic threw everything off, so it took a while before we started seeing real benefits. But once things picked up in 2021 and 2022, jobs started coming back, especially in auto manufacturing thanks to the rule requiring more car parts to be made in North America. Farmers also benefited from better trade terms with Canada and Mexico.
By 2023 and 2024, the impact was much clearer. The auto industry was hiring again, U.S. factories were expanding, and states like Michigan and Ohio saw solid job growth. Even the tech and digital sectors got a boost because of new trade protections. Now, in Trump’s second term (2025), job growth is still going strong in manufacturing, farming, and digital trade, and his administration is making sure U.S. companies keep benefiting. It took some time, but USMCA definitely helped bring back jobs—especially in industries that had been struggling under the old NAFTA deal."Farmers also benefited from better trade terms with Canada and Mexico."
You've got to be kidding. Farmers lost billions to Trump tariffs his first time around
https://www.statista.com/chart/33120/es … y-tariffs/
"By 2023 and 2024, the impact was much clearer. The auto industry was hiring again,"
"The US auto industry saw a 40% decrease in new job postings in Q4 2023 compared to the previous quarter..."
https://www.automotivebenefits.org/indu … rt%20here.
Unbelievable, trump is on TV right now blaming the stock market crash on Biden... And saying that the wrestler woman cut half of the Department of Education because they were terrible workers..."they're not doing a good job". wow.
He also said that they have brought inflation "way down"
Is he demented or does he really think people are that stupid?This is a good article that provides the economic stats that just came out. CPI Inflation Cools Amid Trump Travel Slump; S&P 500 Bounced.
https://www.investors.com/news/economy/ … ve-sp-500/
In my view, the tariff war will certainly take away what was gained in the past month. One can hope it doesn't, but not sure how it could not. It would be great if trade negotiations were swift.Biden is not to blame for the stock market crash. Trump did that and he's lying about it. Inflation did not come "way down" his exact words, either. I just can't figure out if he's mentally addled or he just thinks people are that stupid
Maga getting what you voted for...
The European Union has struck back with its own retaliatory tariffs—and they’re aimed directly at red states.
The EU on Wednesday announced tariffs on $28 billion worth of U.S. imports, including but not limited to steel and aluminum, textiles, home goods, agricultural products, motorcycles, alcohol, and even jeans—with a special focus on Republican states. Tariffs will also be hitting soybeans in Louisiana (Mike Johnson’s home state); beef and poultry in Kansas and Nebraska; and produce in Alabama, Georgia, and Virginia.
EU Commission President Ursula von der Lyen...
“Jobs are at stake. Prices will go up. In Europe and in the United States,” she continued. “We deeply regret this measure. Tariffs are taxes. They are bad for business, and even worse for consumers. These tariffs are disrupting supply chains. They bring uncertainty for the economy.”
OH WELL... This is what you voted for right?
https://newrepublic.com/post/192638/eur … ce=TwitterI get the feeling that Trump expects that his tariffs are going to bring back jobs that are now being done in other countries. However, he is not taking into account labor costs. Corporations are all about bottom line profits.
Why would they pay higher labor costs than they are paying now just to bring jobs back here? He talked about giving corporations incentives. May be he thinks with all the money Doge is saving it will translate to more money to pay for incentives. I really don't think he has an endgame. He just has expectations..
Right now, his billionaire friends are taking advantage of the crash and he thinks that is really great. His con-artist techniques and narcissism are at a peak right now and he is creating an illusion with a false-positive spin on everything. Just like what he did when he first denied Covid.
"CEOs say they are losing faith in Trump...CEOs haven’t felt this pessimistic about American business conditions since spring 2020.
How quickly CEO optimism has turned. I’m just back from the Yale CEO Caucus in Washington, where 100 CEOs gathered with 60 big-city mayors, policymakers, and journalists like me to talk off the record about “navigating Trump 2.0.” Gone is the optimistic dream of economic growth spurred by Trump’s pro-business mindset around taxes and regulation. In its place is the grave uncertainty of not knowing what this administration will do next. As the host, Yale professor Jeffrey Sonnenfeld, noted afterward, the consensus was one of bewilderment, condemnation and a feeling that “Trump’s policies were bad for the U.S. economy.”
Though the attendees identified as 60% Republican to 40% Democrat, the mood was dour. In a flash poll at the summit, 80% of CEOs said they find themselves “apologizing to our international partners for Trump’s capriciousness.” Eighty-five percent oppose his approach to tariffs and think they’re backfiring. Almost all—92%—are now concerned about recession. Indeed, Goldman Sachs’ chief economist just downgraded the entire U.S. economy."
I know, I know this is what you voted for....
https://fortune.com/2025/03/12/ceos-los … iffs-yale/One for the " we love the poorly educated" category...
Sean Spicer knew when he was lying.
Sarah Huckabee Sanders knew when she was lying.
Kayleigh McEnany knew when she was lying.
Karoline Leavitt?
Question, is she that stupid or does she think you are that stupid?
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Lies about Biden's health is scandal of epic proportions
by Readmikenow 4 months ago
This could be the worst political scandal of the decade."CNN's Scott Jennings criticized the White House for hiding President Biden's health and age issues from the public in a segment on Thursday. A Wall Street Journal report from Thursday that includes interviews with nearly 50 people,...
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Trump’s Day One: A Bold Agenda to Reclaim America
by Sharlee 7 hours ago
My post is a summary of an article I came across on Fox News. He is coming out running! Day one, President-elect Trump is set to sign over 200 executive actions, marking a major shift in U.S. policy across a range of areas, from border security to energy to cutting costs for...
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To all that America was and stood for, I say goodbye
by Credence2 3 months ago
Excerpt from a commentary from Mike Lodgrum of Salon Magazine, most appropo in my opinion:No one can say that Trump ran a stealth campaign. He clearly told the American people his agenda. Now imagine if any politician told the electorate the following:I will lower your standard of living by putting...
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Trump and his vision of bringing back manufacturing to the U.S.
by Mike Russo 3 weeks ago
.Trump's vision of manufacturing is in the days of billowing smokestacks. assembly lines, and conveyor belts where all kinds of workers are doing their bit and piece to assemble products that come rolling off the assembling lines and that those workers will be paid a great wage..In today’s world,...
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The Trump Purges: Retribution or Necessity
by ga anderson 2 months ago
Instead of getting a morning chuckle, this one opened a whole can of confirmation bias. And that's not a good thing. Amid all of the headlines about Pres. Trump's deep state/retribution 'purges', I stumbled across a new O'keefe 'undercover' film. My perception of O'keefe isn't positive, but...