An American public-opinion survey’s results, discussed on CBC radio in mid-January, revealed that most of the Americans polled who said they supported President Donald Trump’s 25%-across-the-board tariffs on imported Canadian products (albeit a minority opinion) suddenly changed their minds if that tariff ends up costing them that much more for those products.
The Not In My Back Yard mindset is depressingly alive and well, even between close neighbours. In President Trump’s twisted case, it may be more like: ‘... ESPECIALLY between close neighbours’. And his expectation of a rightful fair share will always be at least three-quarters of the pie.
The tariffs are indeed a stupid idea all around. But the school-yard bully is especially angered by the relative weakling (nation) who in the least stands up to him. Yet, he can also be disgusted by the relative weakling’s (trade war) timidity or ‘elbows down’ response and behave even worse.
Perhaps Trump fears appearing impotent by not unilaterally intimidating and/or exploiting via absurdly unjust tariffs against the comparably insubstantial nation that resists his skewed concept of ‘fairness’.
Unfortunately for Canada, the bullying dynamic can and does extend beyond dealing with the U.S. under Trump’s presidential thumb. There has been a particular irritation noticeably expressed by China's government, and lately even India's, when our government — unlike with, say, mighty American assertiveness — dared to anger/embarrass them, even when on reasonable and/or just grounds.
The 10% tier is just the default, for territories where either the US runs a surplus, or there is no trade and Trump has no idea what they are. Obviously somebody just downloaded a list of all countries and territories in the world, and they didn't bother looking anything up except gross trade in goods each way.
The countries being tagged with the high rates are those that have offended Trump by making things Americans want to buy - especially at low prices, like textiles from Bangladesh.
The "more things made in America" part is pretty theoretical, and is years away in the best case.
Immediately, tariffs mean dramatically higher prices for Americans. Unless you are in the top bracket, the proposed income tax cut will not offset that for you.
If you are in an industry that itself relies on either imports or exports, you will probably be moving to a lower income bracket.
Trump may well be running a scam or trying to wreck the United States for his Russian "friends".
https://deanblundell.substack.com/p/is-trump-deliberately-tanking-the
https://www.narativ.org/p/trump-tariffs-are-full-of-fake-facts
https://www.thebulwark.com/p/trumps-crypto-scheme-a-layer-cake
Some Trump supporters might wake up now. But there's certainly going to be a hard core of cultists who won't.
https://jennifermercieca.substack.com/p/this-is-what-fascism-looks-and-sounds
Perfectly describes the orange nitwit and his cult followers who are pandering to him
How on earth can those “economists” look in the mirror?
..and the UK is shuffling up behind this monstrous vanity fair, in the hope that a few crumbs fall our way.
Yeah those penguins and seals need to be taught a lesson- how to show gratitude to the tiny Orange King.
Only the BEST!!
An American public-opinion survey’s results, discussed on CBC radio in mid-January, revealed that most of the Americans polled who said they supported President Donald Trump’s 25%-across-the-board tariffs on imported Canadian products (albeit a minority opinion) suddenly changed their minds if that tariff ends up costing them that much more for those products.
The Not In My Back Yard mindset is depressingly alive and well, even between close neighbours. In President Trump’s twisted case, it may be more like: ‘... ESPECIALLY between close neighbours’. And his expectation of a rightful fair share will always be at least three-quarters of the pie.
The tariffs are indeed a stupid idea all around. But the school-yard bully is especially angered by the relative weakling (nation) who in the least stands up to him. Yet, he can also be disgusted by the relative weakling’s (trade war) timidity or ‘elbows down’ response and behave even worse.
Perhaps Trump fears appearing impotent by not unilaterally intimidating and/or exploiting via absurdly unjust tariffs against the comparably insubstantial nation that resists his skewed concept of ‘fairness’.
Unfortunately for Canada, the bullying dynamic can and does extend beyond dealing with the U.S. under Trump’s presidential thumb. There has been a particular irritation noticeably expressed by China's government, and lately even India's, when our government — unlike with, say, mighty American assertiveness — dared to anger/embarrass them, even when on reasonable and/or just grounds.
Trump slaps your kennel with 25% tariff.
Only to discover the world considers your kennel “uninhabited”
The 10% tier is just the default, for territories where either the US runs a surplus, or there is no trade and Trump has no idea what they are. Obviously somebody just downloaded a list of all countries and territories in the world, and they didn't bother looking anything up except gross trade in goods each way.
The countries being tagged with the high rates are those that have offended Trump by making things Americans want to buy - especially at low prices, like textiles from Bangladesh.
Penguins are so annoying. I would tariff them if they tried to import fish.
Did the penguin even say thank you?
The "more things made in America" part is pretty theoretical, and is years away in the best case.
Immediately, tariffs mean dramatically higher prices for Americans. Unless you are in the top bracket, the proposed income tax cut will not offset that for you.
If you are in an industry that itself relies on either imports or exports, you will probably be moving to a lower income bracket.
What's the link? Tinyurl obscures where it directs to.