In 6 months, he’s going to be talking about how Canada started this trade war.
He’s basically saying it now. He is calling his current tariff “reciprocal”.
Six months? At this pace I’m expecting tomorrow.
In 6 months the trade might drop from trade war.
Trump has already blamed Canada, along with every US ally, for “taking advantage” of the USA. Not so fun fact, these are the very same trade deals that Trump signed during his first term.
He hasn’t already?
I’ve already seen (USian) conservatives claiming that
They be talking about it for years. Kinda like how ‘Lost Cause Confederacy’ idiots call it “the war of Northern Aggression” even though it was started by the confederates shooting at an American fort.
That’s only if he’s still breathing in 6 months
He’s probably already saying this.
lol ours is retaliatory but theirs are reciprocal?
Eat shit asshole.
This guy doesn’t even understand those words. They’ve got someone writing his tweets now.
Seems like it. It’s not all in caps and misspelled. Can’t even claim it’s AI because at least it would try to duplicate him
He definitely has handlers writing his tweets. There was an analysis last time, coherent posts were written from an Android phone (the handler), rambling posts in all caps from an iPhone (Trump).
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Eh I deleted the comment because it can be taken horribly out of context, but what I meant was my ADHD medication gives me really weird thoughts late at night. But hey, I prefer weird thoughts to the depressing shit I think about without it.
Ok it’s starting to feel like a game now. Can we cause American hyperinflation by a targeted tariff feedback loop?
Or like the sort of thing a hostile foreign government might really want to have happen to the US…
Good thing we have agent Krasnov at the helm.
Tbh, I’ve been pondering just how regulated organized market manipulation is nowadays. With the market going through “corrections” because of tariffs and the FCC being completely defanged, a large group of organized retail investors have the opportunity to get up to some pretty funny business.
If by “funny business” you mean raise prices on products that don’t actually have tariffs on them, then it’s a safe bet that yeah, there’s going to be some funny business.
Just take something we import very little and slap a -200% tariff
-200%? The US government pays you 200% of what the import is worth?
No, because Canada’s economy will collapse long before the US economy if each side just keeps increasing tariffs. What Canada needs to do is make things cheaper for Canadians, not more expensive.
Take any law related to US intellectual property and decriminalize that.
Violating the copyright on Hollywood movies? Go for it. No charge.
Something you want to do is covered by a patent held by an American? Do it, you won’t be prosecuted.
Want to bypass DRM on a tractor, a printer, an iPhone, sell or give away tools to allow anybody else to do it? Feel free.
The biggest advantage of this approach is that if the US did the same thing with respect to Canadian IP, they’d have so much less to work with. The US has geared its economy towards producing IP, and then used trade deals to demand that other countries respect that IP or the US will put tariffs on their stuff. Well, clearly the US isn’t holding up its end of that bargain, so fuck 'em.
The only difference is we’re putting tariffs on things that we can source elsewhere vs the blanket tariffs from the states. But I agree we should also do all the IP stuff you mentioned.
Canada should add a 100% tariff on USA crude oil that we import (Canada import 0 I guess) and with trump reciprocal thinggy, automatically crude oil from Canada to USA would have a 100% tariff on it lol
All Trudeau needs to do is implement a reciprocal tariff that also increases by like amount. Boom, now you have an infinite tariff loop and a single transaction in either direction is enough to create infinite GDP.
Checkmate, economists.
Ya honestly Trump is so fucking stupid that it’s starting to feel like he’s doing a bit. Like is he mocking his own supporters at this point? I think the world needs to respond to trump with something exactly like this. Infinite tariff loop is actually a policy I would support unironically.
He also wants his face on currency. The man is a menace
He also wants his face on currency
You have to be dead before that happens.
I’m sure someone would be willing to help
looking at Iran for the hail mary on that one…
For my fellow Americans, the best way to respond if Trump gets his face on currency is to go full cashless. Let his ass sit abandoned and forgotten in bank vaults across the country.
I’ve heard a joke that utilizes a dollar boll for the execution normally. A challenge to find a bird, a National monument, a dairy product, and an award-winning film on the dollar.
The joke is not legal to do. The first two are obvious and legal.
- An eagle
- The picture on the back
- Half & Half (tear it in half)
- Gone with the Wind (throw the pieces in the air)
Not something people could feasibly do since it’s an expensive AND illegal joke, but would still be funny.
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Well sure but you have to be able to force people to want to use your coins
And now we’re back in q simulation
Look forward to the day that orange shit stain is dead. Hopefully tonight.
Americans: Just imagine the White House is an elementary school…
Mate, can you imagine president Vance? Careful what you wish for.
If Vance were president Republican spines would start to grow back. Trump’s hold over Republicans is a major part of the problem.
Vance might not be The Guy, but I disagree that removing Trump solves the problem at all. He’s more like the most prominent symptom.
Before 2016, Trump in the minds of most Americans was some washed up reality show star from the 90s. He is, and has always been, an ugly, uncharismatic, racist piece of shit. If the conservative propaganda machine can propel this artificially colored, barely articulate moron to the top, they can propel just about anyone. The only caveat is that whoever they propel has to be willing to do anything, to destroy any international relationship, to flip flop at the drop of a hat, and to not ask questions outside of “how will this benefit me?”
Vance might be a selfish, uncharismatic idiot in his own right, but unlike Trump he does have two braincells to rub together. Fox, Newsmax, Rogan, and the like might not be willing to throw themselves behind that. But there’s no shortage of vaguely remembered, self-absorbed celebrities who will be willing to take his place. Think President Oz, or heck, maybe Hulk Hogan would throw his hat in the ring.
Point is, as long as we have a populace that disrespects education and science, and that’s completely unmotivated to participate in our gerrymandered and unrepresentative FPTP system, the propaganda machine will always churn out a shittier asshole next year. The worst of us will hand them the reigns, and Republicans will follow that asshole without question. Trump isn’t as special a case as people want to believe. We’ve been on this trajectory for decades.
I’m comfortable with Vance also eating a face full of patriotic American made lead.
I don’t think Vance has the charisma or character to keep the MAGA interests from eating each other and him.
Just need to kill them both
One hopes Vance doesn’t have the same vice grip on the balls of the Republican Party that Trump does.
Yeah… This.
Don’t get me wrong, if/when Trump dies, it’ll be a day that I’m a bit happier, but if he dies during his presidency, I know he’ll be immediately replaced by someone who is either just as bad or worse.
My only hope with Vance if he takes on the job, is that he’s such a fucking bootlicker that hopefully he’ll spend too much time sucking off corporate interests that he can’t do too much more damage than Trump has already done.
It’s possible, however unlikely, that someone will convince Vance to do the right thing for the wrong reasons (he definitely won’t do it for the right reasons), because someone else told him too… I have no illusions that he wouldn’t come up with the idea himself. He’s just not that bright in my mind.
All this could have been avoided if one guy had slightly better aim.
Time travelers can’t do anything right…
People were thinking about that probably a lot in the 30s and 40s
I think about this a lot actually. So close
The guy had a pretty good aim. It was down to luck.
I think the shittier part of this is that if that whole thing hadn’t happened, Trump might have not won. He got the best PR of his whole campaign during that one minute.
Eh he was gonna win whether or not that happened. It helped his image certainly, but he was already well on the way to winning and Biden was already increasingly unpopular.
If the guy actually shot him we probably would have been okay though cuz I don’t think Vance has the same pull with the Maga base
The real problem is that Trump’s supporters don’t understand tariffs, and wouldn’t believe the explanation anyway because to them it just sounds like Orange Man Bad.
When the US imposes a tariff on Canada, importers of Canadian goods pay the tariff to the US government. To recover that cost they raise the prices they charge American customers. So Americans end up paying the tariff. The only damage it does to Canada is that the tariff could discourage US importers from buying certain goods from Canada if they can get them somewhere else without paying a tariff. That happens in some cases, but in others Canada is already the cheapest (or only) source of a high-demand item, so Americans will just pay the higher prices - the way they’re still paying jacked-up COVID prices for so many things, for example.
Millions of Americans, being too dumb or unwilling to grasp this, think these tariffs are Trump heroically saving them from the evils of foreigners who want to destroy their Freedom.
Millions of Americans, being too dumb or unwilling to grasp this
Reports from people who know him, Trump is one of these people. He clearly doesn’t understand the process.
“I’ve been in the room when it’s been explained to him, and he doesn’t understand it, but he likes tariffs,” Bolton said.
not to mention any potential compound tariffs on complex goods likes automobiles for example.
Prices skyrocket immensely.
The housing market is only going to get more expensive, etc.
By compound tariffs, do you mean extra tariff fees due to repeated trips across the border in the manufacturing process?
Ya. I watched the Doug Ford announcement, and he said parts can cross the Ontario border up to 8 times before making it into the vehicle or final product.
so $10 part -> $12.50 -> $15.625 -> $19.531 -> $24.414 -> $30.517 -> $38.146 -> $47.683 -> $59.60
So that $10 part from the first factory is now $59.60 and that’s before the fact that it probably increases in value at each step along the way to being refined into it’s final product.
Thats why he’s saying (as well as others) that they expect the factories on both sides to shut down within a couple weeks.
Edit: half of that if it’s a one way tariff where both sides didn’t put tariffs on the exact same items.
yeah, exactly. Complex manufacturing chains often ship things all over the place, if you’re crossing the border 2-3 times, that’s 2-3 times as many tariffs being charged. Which depending on what you’re doing, can be a lot of money.
The auto industry in particular is susceptible to this.
The areas where they overwhelmingly voted for the orange dumbass are in for a shock. Here is a list of the products that canda has put tariffs on.
Combined with a strong dollar that’s a huge blow to U.S. agriculture and manufacturing. FYI U.S. Agriculture is in the worst overall depression of the past 50 years. The strong dollar has basically has given the entire industry a beating.
Obviously it’s the deep liberal swamp state’s fault. Trump’s going to make Canada pay for it.
Just wait until our first harvest season without immigrants!
A rapid increase in labor cost plus low prices. Now that’s a recipe for a fun party in bankruptcy court.
Tariffs, and other taxes, are not entirely passed to the consumer. The producers are also losing money because they’re selling less. Taxes are paid both by the consumer and the producers, the proportion on how much each part pay is unknown for me.
Let’s say a bottle of Canadian Maple Syrup is $5 before.
25% Tariff is $1.25
Let’s say the company makes $2 on each bottle before tariff. They really need to make $2 per bottle to cover expenses
So if a company still wants to make $2 a bottle still.
If they sell for $6.25 to try to cover the tariff (25% increase)
The tariff becomes $1.56
Instead of making $5, they would make $4.69.
Instead of $2, they would make $1.69
If they sold the bottle for $5, paid $1.25 tariff
They would make 75 cents
The number for $5 is $6.67
If the company sold the syrup bottle for $6.67. Payed $1.67 in tariff (25%). They would make $2.
Now, of course, they want to sell it for $6.67. Will people pay the increased price?
They can’t just keep selling them for $5 and make basically a 1/3 of their previous profit.
Prices have to go up. How much is up to the consumer.
If the consumer is willing to buy Official Canadian Maple Syrup 🍁 for $6.67. The consumer is paying the whole $1.67 tariff.
An interesting thing happens when people pay $8. The syrup company makes an extra $1, Government gets $2 tariff. It’s a win for everyone, but the consumer that lost $3. (Kind of scary if Trump gets a Maple Syrup company in Canada, goes around, ignores, or pays himself the tariff and sells a bottle for $5. Both are true Canadian Maple Syrup, it just has his name on it. Are you going to buy the $5 or the $8? Even if you buy the $8, he gets $2)
The consumer can’t win. Free economy is better.
~33% increase covers a 25% tariff
If the price settles at $6.
Company pays 50 cents
Consumer pays $1
Trump gets $1.50
Who even is in charge of the “tariff funds”?
Like people are happy with having to pay $1 to get the company to pay 50 cents? Like that’s a win?
Sad reality is Americans should not buy anything with a tariff. Paying a premium to help support Canada seems like a good thing but if everyone does it and everyone pays 33% more. The tariff funds makes out like a bandit all thanks to the consumers.
TL;DR: Company facing a 25% tariff will look to raise prices 33%. If they can they are fine or better. Consumers lose. I really like Vermont Maple Syrup
Just tell them it’s a 25% sales tax.
God I’m exhausted.
At this point, we just need to cut it all off completely. Oil shipments, electricity, lumber, aluminum. All of it.
I know that that’s a hard ask for those industries that are affected, and if it means the federal goverment has to temporarily raise the deficit in order to subsidize those industries it’ll be crazy expensive and inflation will shoot up. But I’m convinced that that would be only a short amount of time that that would actually be needed.
Let the United States go one week without our stuff. 100%…fuck 'em. They’ll last one week. Maybe two. And when they quit their bullshit, make it clear that we are diversifying our business partners making it easier to pull it from them again anytime they let Trump open is fucking mouth.
Hold our resources hostage against them.
Economical MAD is not the answer here. It’s a very complex subject that is difficult to solve.
It’s a very complex subject that is difficult to solve
In a sane world, I agree with you. But we’re dealing with a man who himself doesn’t realise its complexity and only understands strategies that are “blunt and absurd”.
We can use as nuanced and soft-toed strategies all we want and he’ll never get it through his orange head.
Yes, we’re dealing with a madman. You’re suggesting we act just like him. No, harming more people voluntarily is not the answer.
It’s not Mutually Assured Destruction though. It’s not even retaliatory. If Canada were to immediately stop all exports to the US and pivot to an EU/China based economy the fallout would disproportionately affect the US. The key to this is that Canada is the smaller and more insular trading partner.
Case in point
Who gives a damn about the deficit. When did that ever really matter?
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Bankrupting his country like he did with all his businesses, including a casino. Notoriously difficult to bankrupt.
3 casinos.
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Yes, he’s banned from running charities. But not just him. His whole family is banned because they were all in on it.
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Don’t forget his secondary handler FElong and how he tanked Twitter.
It will be a shit show until Canada and the rest of the western world work out agreements independent of the US.
Isolating a fascist power with the strongest military in the world doesn’t work. Eventually they work up the balls to use it.
Every nation should be prepared for what happens when the purge of the US military and government is complete and only loyalists hold power.
Given that there are no ideal moves in any direction, I feel that standing up to the bully is the only option on the table. They failed to do that in 1939.
And another thing. Its America’s job to police this mess, they installed him either directly or indirectly. The rest of the world didn’t ask or vote for this dangerous toddler.
There are plenty of the dead who weren’t responsible for what killed them.
I’m not sure what to make of that in context. Do you mean that we should just suck it up?
Suck up the reality that counting on Americans to handle Trump isn’t a plan, it’s a hope.
Don’t fret… I have absolutely no expectations that Americans can pull out of this power dive. I just hope that most of the damage will be self inflicted.
What happens if a NATO country Attack another NATO country?
No joke, I can see UK and France offering nuclear retaliation response promise to Canada, outside of NATO. I think trump really is dumb enough to start real war with for example Canada. NATO is dead, rest of the west needs to make similar protection agreements without USA, besides NATO , for when shit really hits the fan (I think it will, it’s a matter of when, not if).
Well, article 5 doesn’t apply then. Other agreements may still apply.
We’re already doing that. EVERYBODY is doing that. every western nation is doing their best to cut America out of their trading deals. Donnie has seriously fucked America over.
They should call it “The Free World Agreement”.
Speech from Trudeau gave me “we’re at war” vibes.
It’s incredible at which speed things are falling apart.
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When you have a 25% tariff, additional tariffs really don’t matter.
Dude thinks tariffs are Uno cards.