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Beiträge, die mit TARIFFS getaggt sind


"Most important of all, if and when a massive tariff barrier goes up along the US-Canadian border tomorrow — in the time it’s taken me to start and finish writing this, Trump has already announced a one month pause on the tariffs against Mexico — the official organs of American business will be apoplectic and the pain will be felt by US consumers almost immediately. (To digress from the main point here for just a moment, I think it’s worth registering that no one really knows what’s going to happen tomorrow or how economically disruptive the impact of a suddenly-imposed massive trade barrier between Canada and the US will actually be.)

Little, and perhaps nothing, in the behaviour of Trumpism to date has suggested it has either the ideological coherence or political discipline to weather such a storm. True enough, Trump is happy to foster chaos and cause radical disruption — look no further than his current assault on key institutions of the US federal government. But such disruptions have tended to have the support of corporate America or, at any rate, not flown directly in the face of its interests.

In such a volatile atmosphere, it’s anyone’s guess what exactly will happen in the coming days and weeks. When the dust settles, perhaps selective tariffs will remain in place for strategically-chosen industries (or something in that vein). But my instinct is that Trump will initiate some sort of climbdown in fairly short order, likely proclaiming — regardless of what actually occurs — that his objectives have been achieved (I wouldn’t even discount the possibility of Trump pausing the tariffs he’s threatened to impose on Canada before day’s end). The effect of his tariffs on the import-dependent US economy will be profound, and compounded by the impact of retaliatory tariffs planned by Canada, China, and in due course possibly Mexico and Europe as well."

https://www.lukewsavage.com/p/trumps-trade-war-will-be-maga-economics

#USA #Trump #Tariffs #TradeWar #Protectionism #Mexico #Canada


"Open Up Your Pocketbooks America, Trump Is Costing You More!"
- Aure

EVERYTHING made in China to cost you 10% more today!

Additional 10% tariff comes into effect on all China exports to US

Beijing slaps 15% levy on U.S. LNG, coal; 10% on crude, farm equipment

China starts anti-monopoly investigation into Google, imposes controls on rare metals exports
#AureFreePress #News #press #headline #China #tariffs

https://www.reuters.com/world/us-tariffs-chinese-imports-take-effect-after-trump-reprieves-canada-mexico-2025-02-04/

Toys Made in China




"China Not Falling For Trump Trade Tariff Trap"
- Aure

China hits back at 10% U.S. tariff with its own levies on U.S. products

Beijing announced tariffs of 10% to 15% on U.S. coal, liquefied natural gas, crude oil, pickup trucks and other products shortly after the U.S. tariff took effect
#AureFreePress #News #press #headline #China #tariffs #Breaking #BreakingNews

https://www.nbcnews.com/news/world/china-hits-back-10-us-tariff-levies-us-products-rcna190548
Trump and Xi


Just .... WOW!! Some real clear #Truth !!

https://www.youtube.com/watch?v=3VLnpfc3CIA

#TrumpVirus #Trumponomics #GQP #cult #psychopathology #media #tariffs


Trump has "granted" a 30 day delay for the tariffs on CAN & MX. The bully-in-chief appears more upset by CAN, he accused the country of letting huge amounts of fentanyl into the US. It was a big lie, as cited in the previous post.

"Faced with prospect of 25% tariffs from Trump, CAN announces $1.3B border plan to help address the fentanyl trade. The country says it'll use new law enforcement tools, too."
-S Stein

False crisis, #Canada had already announced their plan in Dec.

#USPol #Tariffs
Text-based image detailing a news conference where Canadian ministers, including Dominic LeBlanc, Marc Miller, Mary Ng, and Ya’ara Saks, announce a new $1.3B border security plan aimed at enhancing security and addressing issues like the fentanyl.


NEC Dir Hassett says the tariffs are all about fentanyl -not a trade war but a drug war. He doesn't think costs on consumers will rise after Trump's #tariffs.

"WE HAVE NOTICED THAT MEXICO IS 'SERIOUS ABOUT TRUMP'S EXECUTIVE ORDER -CNBC INTERVIEW

CANADA APPEARS TO HAVE MISUNDERSTOOD THE LANGUAGE IN TRUMP'S EXECUTIVE ORDER

TRUMP WILL DECIDE WHAT HE WILL CALL OFF OR AND WHAT HE'S NOT"
-CNBC 2/3/25

Hassett is lying for Trump.

Fentanyl at CAN's border is <1% seized nationwide.
-FactCheck

#USPol
Line graph depicting the pounds of fentanyl seized at the Southwest and Northern Borders from October 2021 to December 2024. The Southwest Border data is represented by a dark solid line, while the Northern Border data is shown as a dotted line.


Mexico and Canada reached deals with U.S. President Donald Trump to pause his tariff plans for 30 days. What did they agree to, and is this the end of the trade war? @Vox breaks down what could happen next.
https://flip.it/TG8Yyj
#Trade #Mexico #Canada #Tariffs #Economy #Trump


Trump’s Tariffs Poised to Wreck Nuclear Power

https://futurism.com/the-byte/trump-canada-tariffs-nuclear-uranium

KEWL🌀NEWS

#NUCLEAR #POWER #TARIFFS #TRUMP #PRESS


🤨 #Mexico president says US agrees to pause #tariffs for one month — AFP 1/… 🧵


"Anyone reporting Mexico conceded anything to Trump to get him to delay tariffs has not done their homework. Trump boasts he got Sheinbaum to commit to stationing 10K troops at our border. Apparently he didn't realize Mexico already has 15K troops deployed there."
-C Rampell

Trump likely knew that, but he lies for a living.

#USPol #Trump #Mexico #Tariffs
Table detailing the deployment of forces along the northern border of Mexico, specifying regions, operational zones, and total personnel deployed. Source cited at the bottom.


Hey wait, if the tariffs are on hold, does that mean the #Election is on hold?? Com'on #DougFord don't lie!

#Politics #CdnPoli #Tariffs
The crack smoking mayor's brother with crazy eyes and words when your edibles wear odd and you're still premiere of Ontario


Canada’s tariff list targets Republican states, Trump allies

https://www.eenews.net/articles/canadas-tariff-list-targets-republican-states-trump-allies/

1,256 items in the first tranche of tariffs that will come into force...includes oranges and fruit from Florida, home to Trump’s Mar-a-Lago resort; household appliances from South Carolina and Ohio, states to Sen. Lindsey Graham (R-S.C.) and Vice President J.D. Vance; and motorcycles and coffee from southern Pennsylvania, which helped return Trump to the White House.

#CANADA #TARIFFS #TRUMP #REDSTATES #PRESS


Ontario Premier ‘ripping up’ $100-million contract with Elon Musk’s Starlink in protest against US tariffs

https://www.msn.com/en-in/news/world/ontario-premier-ripping-up-100-million-contract-with-elon-musk-s-starlink-in-protest-against-us-tariffs/ar-AA1ylu0E

The outgoing Ontario Premier slammed Donald Trump’s decision and said that the US president was the “only person to be blamed,” Associated Press reported. He claimed that the cancellation of Musk’s contract was one of the ramifications of the tariffs.

#CANADA #MUSK #TRUMP #TARIFFS #STARLINK #DOUGFORD #PRESS


Trump’s dumb and dangerous trade war will hurt red states the most

https://www.dailykos.com/stories/2025/2/3/2300974/-Trump-s-dumb-and-dangerous-trade-war-will-hurt-red-states-the-most

#TRUMP #TARIFFS #REDSTATES #GOP #USA #MAGA #PRESS


Trump agrees to pause tariffs on Mexico for a month

https://apnews.com/live/trump-presidency-updates-day-15

Mexican President Claudia Sheinbaum said that after a conversation with U.S. President Donald Trump that the planned tariffs are on hold for a month. The statement was confirmed by the White House.

Trump’s tariffs against Canada and China are still slated to go into effect on Tuesday.

#Trump #tariffs #mexico #press


Ontario premier says he’s ‘ripping up’ contract with Musk’s Starlink in response to US tariffs

https://apnews.com/article/canada-trump-tariffs-ontario-musk-2bc1b52b0390aee9686b270606c51573

#canada #musk #trump #tariffs #press


#Trump IMMEDIATELY ass-fucks his base of electoral support, ie. The struggling lower middle class. How? Almost every speck of lumber used in US home construction today comes from #Canada.

"How Trump's #tariffs could impact home construction prices"

https://www.cbsnews.com/video/how-trumps-tariffs-could-impact-home-construction-prices/ #USEconomy


Tariffs - exemptions

For a proper explanation

https://www.thedailymash.co.uk/news/international/adult-nappies-and-other-products-trump-wont-be-putting-tariffs-on-20250203254527

#Tariffs #Trump #Politics #Economics


Leopards, faces, appeasement and stupidity are all words that come to mine when reading this.

#Tariffs #US #Trump #Leopards #Faces #LabourMaladministration
Screengrab - Gruaniad headline ' 10 suggests US would have no justification
Politics
for trade tariffs on UK and declines to criticise
Trump over threats - UK politics live'
A groiup of sheep lok up at a poster of a wolf saying 'I am going to eat you' - one says to the other 'He tells it like it is'


Keith's going to 100% fall for this and bend over, simultaneously poisoning whatever relationship we have left with the biggest trading bloc on the planet. Because his level of political incompetence is off the charts.

GPLB: "UK could avoid US tariffs that the ‘atrocity’ EU is facing because Starmer has been ‘nice’, Trump suggests"

#UKPolitics #ClownCarKeith #Tariffs


"Still, this move is a big deal, much bigger than in 2018. In his first term, Trump put some strategic tariffs on China, charging roughly 20-30% tariffs across a host of goods, but with a bunch of exemptions. Apple’s iPhone never got tariffed, for instance, and a lot of medical supplies went untouched. There’s a lot of hot air about tariffs increase consumer prices, but that’s not always true. The first round of Trump tariffs mostly didn’t increase consumer prices, but came out of corporate profits, so they didn’t generate inflation.

Why is that? Well it’s important to recognize that tariffs don’t apply to the retail price of a good, but to its wholesale price when imported. So a Nike shoe might cost $150 retail to an end consumer at a store but that’s before markup; Nike is paying $20 for it from a Chinese supplier. The $130 difference between what the Chinese supplier charges and the end American consumer pays is a mark-up, and it goes to Nike for branding, distribution, profit, etc. The tariff is charged on the $20. So even a very large 50% tariff will be just $10, which means Nike will still have a giant cushion, and can choose whether to pass the tariff along or reduce its profit, or both. Or it can negotiate some of the cost with its Chinese supplier.

This time, because the tariffs are hitting every sector, consumer prices are likely to change, though it will differ industry-by-industry. There are plenty of companies who have to raise prices to cover costs. But another reason for price hikes could be “seller’s inflation,” aka there’s market power throughout the economy, and corporations with such power have an excuse to charge higher prices, as they did during Covid. They can just blame Trump, and collect more profit. On the other hand, companies are scared of the new administration."

https://www.thebignewsletter.com/p/monopoly-round-up-what-did-trump

#USA #Trump #TradeWar #China #Tariffs #Protectionism


Wonder when he is going to take aim at Russia and Saudi Arabia...wait.

"Trump takes aim at EU and UK in latest tariff threat "

https://www.euronews.com/2025/02/03/trump-takes-aim-at-eu-and-uk-in-latest-tariff-threat

#Trump #trussia #tariffs #press


"The response to #tariffs has been fantastic," #trump

Stock markets worldwide slump


‘Congratulations, America!’ Trump mocked over his response to WSJ’s scathing tariff rebuke

https://www.alternet.org/trump-tariffs-wall-street-journal/

KEWL🌀NEWS

#TRUMP #TARIFFS #WSJ #PRESS


GOP applauds Trump tariffs

https://www.axios.com/2025/02/02/trump-tariffs-republicans-applaud-trade-war

Trump's 25% tariffs on Canada and Mexico and additional 10% tariffs on China could effectively tax the average U.S. household an extra $830 this year...

Former Rep. Jaime Herrera Beutler (R-Wash.) said on CNN's "State of the Union" said she's concerned that the president doesn't know his "end game" on his tariffs, adding, "If you're going to pick a fight in a bar, maybe you should scope the exits."

#tariffs #trump #GOP #USA #press


China shrugs off new Trump tariffs but bruising trade war looms

https://hongkongfp.com/2025/02/02/china-shrugs-off-new-trump-tariffs-but-bruising-trade-war-looms/

KEWL🌀NEWS

#CHINA #TARIFFS #TRUMP #PRESS


#TrumpTax

Via Kyle Griffin:

The Tax Foundation estimates that the #Trump #tariffs could effectively be a tax of $830 a year on the average U.S. household.