One interesting thing to notice is how only two countries slapped on retaliatory tariffs against USA, the countries are Canada and China. Mexico did not put any retaliatory tariffs. The other 70 countries are attempting to negotiate and EU has not imposed any retaliatory tariffs yet.
Trump's Tariffs and Trade War
- Thread starter CLOUD 500
- Start date
Paused! His supporters will of course say this is just part of the 6D chess game being played.
Kinda strains credulity to think people around Trump didn’t just make a ton off the stock market swings, no?
My current understanding is ...
Canada is exempt from the 90-day 10% baseline tariff, on all goods that are USMCA compliant.
But it still faces industry-specific tariffs, such as the 25% tariff on steel and aluminum and the 25% tariff on non-U.S. content in "imported" cars. These tariffs have been matched by Canada with exactly the same 25% counter-tariffs.
Canada is exempt from the 90-day 10% baseline tariff, on all goods that are USMCA compliant.
But it still faces industry-specific tariffs, such as the 25% tariff on steel and aluminum and the 25% tariff on non-U.S. content in "imported" cars. These tariffs have been matched by Canada with exactly the same 25% counter-tariffs.
.
......mais faut comprendre/réaliser que le CANADA est le SEUL pays qui s'est vu imposer autant de tarifs .....aluminium/acier/gaz--énergie/autos/bois d'oeuvte...PLUS 25% on all goods non couverts par l'ACEUM....IMO notre riposte/retaliation est très mesurée
et très appropriée.
My feeling is that the negotiations will proceed/start after elections...d'ici là rien ne va bouger.
My feeling is that more/higher tariffs will be imposed on Canada within the next 7 days. Due to the auto-tariff response.
Its crazy to think we live in a timeline where the wealthy don't even need to hide their happiness of fucking over the entire world.
"They're not confessing." "They're bragging."' - The Big Short
Anyone that supports this is literally just showing you what type of individual they are. They will be easy to spot... they argue about useless elections thinking it changes anything. This isn't about left or right anymore. This IS NOT about the rich vs the poor. This is about the ultra-wealthy vs everyone else. And ya, if you have a few million in assets you're not rich... you're now the nouveau-middle class.
#1793
"They're not confessing." "They're bragging."' - The Big Short
Anyone that supports this is literally just showing you what type of individual they are. They will be easy to spot... they argue about useless elections thinking it changes anything. This isn't about left or right anymore. This IS NOT about the rich vs the poor. This is about the ultra-wealthy vs everyone else. And ya, if you have a few million in assets you're not rich... you're now the nouveau-middle class.
#1793
I disagree with retaliatory tariffs. These are charges that will be passed on to Canadians. Already with a cost of living crisis, Canadians do not need to pay more. No one pays the price in trade wars more then the little guy, the guy working a regular job.
Perhaps a few Luigi Mangioni would make some think about their futur !
Remember the guy that got the planet rid of the president of the biggest health insurance group !
"Caution -- we're coming for your head.
So call the Feds and get files to shred.
Every textbook read said bring you the bread.
But guess what we got you instead?"
Gotta be Luigi's favourite song, right here:
So call the Feds and get files to shred.
Every textbook read said bring you the bread.
But guess what we got you instead?"
Gotta be Luigi's favourite song, right here:
Last edited:
see my post #219. I am sure Trump's family made a fortune using intermediaries and untraceable agents
The one good thing about Trump is that he just makes plain, doesn’t try to hide, and even brags about the open corruption & legalized bribery that has become American politics, at the executive level, but also at the congressional one.
It was never great, but the Citizens United decision in 2010 has been a disaster in allowing corporations and wealthy donors & lobbying groups to spend unlimited amounts of money on particular causes & interests, however narrow, by in effect bribing politicians with campaign contributions.
Musk himself spent upwards of $300,000,000 on Republican candidates in the 2024 federal election, essentially buying himself a seat at the Cabinet table. It's looking like that may not have worked out completely well for him, but the coming tax cuts may tell a different story.
The Democrats are just as bad, of course, if often less flagrant but more hypocritical in their abuses. After leaving office, Obama was essentially paid-off by Wall Street, for favours delivered in bailing them out during the financial crisis of 2008, in the form of speeches delivered at $400,000 a pop. Just staggering. I think he & Michelle now own three, possibly four mansions. Nancy Pelosi, as another example, has evaded serious accusations of insider trading ...
... and I could go on.
The system is just rotten to the core.
It was never great, but the Citizens United decision in 2010 has been a disaster in allowing corporations and wealthy donors & lobbying groups to spend unlimited amounts of money on particular causes & interests, however narrow, by in effect bribing politicians with campaign contributions.
Musk himself spent upwards of $300,000,000 on Republican candidates in the 2024 federal election, essentially buying himself a seat at the Cabinet table. It's looking like that may not have worked out completely well for him, but the coming tax cuts may tell a different story.
The Democrats are just as bad, of course, if often less flagrant but more hypocritical in their abuses. After leaving office, Obama was essentially paid-off by Wall Street, for favours delivered in bailing them out during the financial crisis of 2008, in the form of speeches delivered at $400,000 a pop. Just staggering. I think he & Michelle now own three, possibly four mansions. Nancy Pelosi, as another example, has evaded serious accusations of insider trading ...
... and I could go on.
The system is just rotten to the core.
Last edited:
Just hilarious, Trump caved ...
With the bond market imploding and knowing that his tariffs would soon unleash inflation, he late yesterday (classic 'Friday embarrassing news release') issued exceptions for Chinese phones, computers, semiconductors, and other electronics ... China’s biggest exports to the US!
-------------------------------------------------------------------------------
One of the biggest u-turns I can remember.
Maybe somebody explained to him that it might soon cost less to fly to China and buy an IPhone than buy one in the US.
Just quietly taking the L and hoping no one noticed, I guess.
And as I write this China hasn't removed any of their tariffs.
By doing this, he shows he doesn't actually plan on reindustrializing and making phones and computers in the US, or that this would lead to the “greatest resurgence of jobs in history,” as explained just days ago by his equally clownish commerce secretary.
They have no idea what they're doing.
There is no plan.
With the bond market imploding and knowing that his tariffs would soon unleash inflation, he late yesterday (classic 'Friday embarrassing news release') issued exceptions for Chinese phones, computers, semiconductors, and other electronics ... China’s biggest exports to the US!
-------------------------------------------------------------------------------
One of the biggest u-turns I can remember.
Maybe somebody explained to him that it might soon cost less to fly to China and buy an IPhone than buy one in the US.
Just quietly taking the L and hoping no one noticed, I guess.
And as I write this China hasn't removed any of their tariffs.
By doing this, he shows he doesn't actually plan on reindustrializing and making phones and computers in the US, or that this would lead to the “greatest resurgence of jobs in history,” as explained just days ago by his equally clownish commerce secretary.
They have no idea what they're doing.
There is no plan.
Last edited:
Similar threads
