Trump Tariffs

Here are some of what we import from the three countries:

“The United States’ top import from Canada is oil, which reached a record 4.3 million barrels per day in July, according to the US Energy Information Administration. America also imports cars, machinery and other various commodities, plastics and wood from Canada, according to the United Nations’ Comtrade.

America gets the majority of its cars and car parts from Mexico, which surpassed China as the top exporter to the US in 2023, according to trade data released by the Commerce Department earlier this year. Mexico is also a major supplier of electronics, machinery, oil and optical apparatus, and a significant amount of furniture and alcohol comes from the country into the United States.

The United States imports a significant amount of electronics from China, in addition to machinery, toys, games, sports equipment, furniture and plastics.”

Interesting. So unexpected, too.

He suggests that Canada and Mexico have a magic fix to the flow of drugs from their countries into ours. If there were a magical fix for crime, it would have been solved by all countries years ago. And if we are the one with an open border as he acknowledges, how can they stop the flow of immigrants? As usual, he makes no sense.

The increase of dollars into the economy started with the Trump tax cuts and his Covid spending.

The idea that across-the-board tariffs won't severely impact the economy is nonsensical.

Extortion and blackmail are not foreign policy or good economic policy. They are bully tactics and bullies always lose eventually.

And we all have a front row seat to the shit show. Sigh.

He won't. They'll just seem cheap next to your lettuce, tomatoes, peppers, avocados, berries, citrus ...

Here come the 'victory gardens', backyard chickens, but of course those in apartments and condos are out of luck, or in cities!


Will he stop the Mexicans crossing the border to work in the US and the Americans who go the other way, each and every day?

Not surprising, not too bright!! I feel like someone else is pulling the strings...
However:

A key economic expert laid bare the potentially devastating consequences to the U.S. economy if Donald Trump tries to unwind President Joe Biden's legislative accomplishments when he takes office.

"The White House announced today that the infrastructure bills passed during the Biden administration have spurred over $1 trillion in private sector investments," posted Steven Rattner, an MSNBC economic analyst and former adviser to the Obama administration on rescuing the auto industry. "If Trump tries to repeal these laws, the consequences would be costly."

Rattner referenced a Monday announcement from the White House that discussed the impact of a pair of bipartisan bills signed by Biden, the Infrastructure Investment and Jobs Act and the CHIPS and Science Act, along with the Democratic-backed health care and energy reform bill known as the Inflation Reduction Act.

Together, said the statement, all of this legislation "has helped attract over $1 trillion in announced private-sector investments. These investments in industries of the future are ensuring the future is made in America, by American workers. And they’re creating opportunities in communities too often left behind."

While Trump hasn't outright said he will repeal any of these laws, and it's unclear whether he'd have the votes to do so, he may be in a position to at least hobble their implementation; his Treasury Secretary pick, Scott Bessent, has called the IRA a "doomsday machine for the budget" and may have some power to rewrite regulations around the law's tax giveaways for clean energy development.

All of this comes as economists sound the alarm over Trump's plan to enact mass deportation and draconian new tariffs across consumer markets, raising fears that higher inflation, only recently stabilized, could come roaring back.

www.rawstory.com/trump-biden-programs/

What genius! I hope his voters and fans truly enjoy this.

Not that I expect it to come to pass...it will probably be more like his wall the Mexicans were going to build and pay for.

The morons who voted for this will blame Kamala for the high prices, right?

According to the geniuses at r/Conservative:
• He’s manufacturing leverage to negotiate.
• As long as federal income tax gets abolished I'm all for tariffs.
• We like Trump because he fights. Platitudes and ideals don't move the ball to the goal.
• Good, make them pay!
• He trying to pressure company’s to come back to the U.S. I he using it as a tool to bring back businesses to the U.S. Its also great revenue.
• If the courts are going to allow the executive branch to have legislative power Republicans should use it because the Democrats sure as hell will.
•Priority #1 is running the ball at least as far forward as the other team ran it backward, everything else comes after that. Our enemies don't give a damn how polite we were to them when they punish us for the crime of existing.
• My theory is it’s just an empty threat for negotiation.

I mean, people voted for this. Everyone was fully warned.

This is just the beginning of people saying "I didn't know this would happen."