Is Trump serious about his insane tariffs? Dow Jones teeters, waiting to find out.

[patweisers44 785]

6 hours ago, Ron_Artest said:

The leader of Canada’s most populous province has followed through on a pledge to hike electricity prices for Americans in response to President Trump’s tariffs as residents of US border states New York, Minnesota and Michigan can expect to pay more for power.

FAFO

4% of NY power comes from Canada. Less than 1% of Minnesota and Michigan's comes from Canada.  These specific tariff examples arent as catastropic as the headlines might lead you to believe.

[Hawkeye21 2,306]

Egg prices have dropped almost $3.  Why isn't anyone mentioning that?

[Hawkeye21 2,306]

Just now, SaintsInDome2006 said:

Higher prices, lower employment, less trade, stocks down, rates up, and a general hatred of the US amongst our former brothers and allies.

I would add that it would add to the deficit - Trump picked up the tab on the farm tariffs in Trump-1 - but I have a feeling this time they'll just let it go thud.

I don't foresee many US citizens suffering as a direct result of what Canada does.

[RLLD 4,113]

5 minutes ago, Hawkeye21 said:

How are we going to suffer?

The concept is that we would only ever buy from the target, which is of course farcical.  You see, when you make Canada's products more expensive, we stop buying those products.....and instead by from someone else......likely for a slightly higher price, not a painful price, but perhaps more than you would from Canada.....

Now, while I am delighted to see Democrats suddenly aware of costs....prices..impacts......  their attempt to portray these tariffs as destructive to America is patently false.   Ultimately, what results in new domestic players arising who can fill the gap, making us more economically independent and powerful

[SaintsInDome2006 241]

1 minute ago, Hawkeye21 said:

I don't foresee many US citizens suffering as a direct result of what Canada does.

Higher energy prices in the midwest states is inevitable, there's a 25% tax off the bat now.

[Mike Hunt 243]

3 minutes ago, Hawkeye21 said:

Egg prices have dropped almost $3.  Why isn't anyone mentioning that?

2.99 a dozen yesterday.  

[Hawkeye21 2,306]

3 minutes ago, SaintsInDome2006 said:

Higher energy prices in the midwest states is inevitable, there's a 25% tax off the bat now.

Prices raised while Biden was President as well.

[SaintsInDome2006 241]

5 minutes ago, Hawkeye21 said:

Egg prices have dropped almost $3.  Why isn't anyone mentioning that?

Probably because discussions about poultry virus control and domestic agricultural markets is something people don't pay attention to unless they absolutely have to. It's entirely possible that American egg sellers are selling far fewer eggs, so prices have cratered. 

[SaintsInDome2006 241]

Just now, Hawkeye21 said:

Prices raised while Biden was President as well.

Covid caused a lot of disruption but even then midwesterners didn't have a 25% sur-tax slapped on them.

[patweisers44 785]

1 minute ago, SaintsInDome2006 said:

Covid caused a lot of disruption but even then midwesterners didn't have a 25% sur-tax slapped on them.

Environmental policy caused a lot of it as well.  I dont think energy is the tariff hill you wanna die on to be honest.

[SaintsInDome2006 241]

3 hours ago, Hawkeye21 said:

Canada will not be able to win this trade war.  They need us far more than we need them.

This is a little like a right handed man telling the doctor to take off his left hand because yaknow he just doesn't need it.

That aside: Canadians have fought with us at D-Day, their remains are scattered across northern France and Passchendaele, they had 200 casualties in Afghanistan, all fighting for us, as our brothers. They also beat us in 1812 and in the French-Indian Wars. These are people you want fighting with us.

[SaintsInDome2006 241]

3 minutes ago, patweisers44 said:

Environmental policy caused a lot of it as well.  I dont think energy is the tariff hill you wanna die on to be honest.

It is a hill we all die on, I'll say that. Along with several other hills, manufacturing, technology, supply chain, agriculture, on and on. Go check out the subsidies Trump paid out just as to agricultural tariffs vs China in the 1st term, and add that up with every sector.

[Hawkeye21 2,306]

1 minute ago, SaintsInDome2006 said:

This is a little like a right handed man telling the doctor to take off his left hand because yaknow he just doesn't need it.

That aside: Canadians have fought with us at D-Day, their remains are scattered across northern France and Passchendaele, they had 200 casualties in Afghanistan, all fighting for us, as our brothers. They also beat us in 1812 and in the French-Indian Wars. These are people you want fight with us.

I don't have a fear of any long term ramifications with Canada.  Trump will eventually be gone.  If Canada needs us in a dire situation I trust that we will still support them.  This is just business right now.

[patweisers44 785]

1 minute ago, SaintsInDome2006 said:

It is a hill we all die on, I'll say that. Along with several other hills, manufacturing, technology, supply chain, agriculture, on and on. Go check out the subsidies Trump paid out just as to agricultural tariffs vs China in the 1st term, and add that up with every sector.

My point is that energy, specifically, isnt gonna be a backbreaker. 

[SaintsInDome2006 241]

Just now, Hawkeye21 said:

I don't have a fear of any long term ramifications with Canada.  Trump will eventually be gone.  If Canada needs us in a dire situation I trust that we will still support them.  This is just business right now.

If this whole premise is Trump is the drunk uncle losing his mind - again, at our invitation - and he'll be escorted out the party soon enough, great, I'm all for it.

[jbycho 410]

1 minute ago, SaintsInDome2006 said:

If this whole premise is Trump is the drunk uncle losing his mind - again, at our invitation - and he'll be escorted out the party soon enough, great, I'm all for it.

My vote for Trump is paying off big time already. This winning is awesome. 

[Hawkeye21 2,306]

1 minute ago, SaintsInDome2006 said:

If this whole premise is Trump is the drunk uncle losing his mind - again, at our invitation - and he'll be escorted out the party soon enough, great, I'm all for it.

My hope is that we will be able to start somewhat fresh once Trump is done with his term.  Our country was heading in a terrible direction.  I really hope that we elect some competent candidates in the next election.

[Hardcore troubadour 14,650]

Trump only cares about his friends, the millionaires and billionaires and oligarchs. 
 

Trump is tanking the stock market.  

[SaintsInDome2006 241]

45 minutes ago, Hawkeye21 said:

My hope is that we will be able to start somewhat fresh once Trump is done with his term.  Our country was heading in a terrible direction.  I really hope that we elect some competent candidates in the next election.

It's so odd to me. Economically the US had the strongest post Covid economy in the world. Now we're staring at a recession 100% solely caused by our leadership.

[Ron_Artest 886]

1 hour ago, CaptainObvious1 said:

Are you ok?  5 laughing emojis?

[Mike Honcho 4,942]

6 minutes ago, SaintsInDome2006 said:

It's so odd to me. Economically the US had the strongest post Covid economy in the world. Now we're staring at a recession 100% solely caused by our leadership.

Trump said it was going horribly, capice? 

[Hardcore troubadour 14,650]

Update? 

[Ron_Artest 886]

https://bsky.app/profile/acyn.bsky.social/post/3lk4ok72nf22y

This dumb bish Leavitt doesn't know how a tariff works either

[lickin_starfish 1,843]

1 hour ago, SaintsInDome2006 said:

Higher energy prices in the midwest states is inevitable, there's a 25% tax off the bat now.

https://www.breakingthenews.net/news/details/63705127
 

[SaintsInDome2006 241]

1 minute ago, lickin_starfish said:

https://www.breakingthenews.net/news/details/63705127
 

>Ford stated that Lutnick offered an "olive branch" and offered a meeting in Washington<

Its amusing how Trump does dysfunctional, damaging things then the normals in his administration have to deal with it.

But good for Lutnick.

[Ron_Artest 886]

2 minutes ago, lickin_starfish said:

https://www.breakingthenews.net/news/details/63705127
 

Trump bent the knee

[Hardcore troubadour 14,650]

 Leftards don’t care about eggs anymore? 

[RLLD 4,113]

I am hearing about some companies looking at how to relocate some manufacturing elements from Mexico and Canada back into the US.   Notably, Canadian businesses.

This would be of course, immensely good for us.  I hope Canada keeps it up.

Hell, if I were Trump....right now.... I would point to the threat from the Canadian PM with regard to shutting off electricity....and then announce (whether its true or not).....that I was approving the development of the first nuclear power generation facility in decades.....in that area....

In other words, I would say " Oh?   you want to fock around?   How about I set it up so that you lose ALLLL of your focking money selling us power.....FOREVER>..how about ahat mf'er?"

 

[Hawkeye21 2,306]

1 hour ago, SaintsInDome2006 said:

It's so odd to me. Economically the US had the strongest post Covid economy in the world. Now we're staring at a recession 100% solely caused by our leadership.

We're going to be alright.

[The Real timschochet 5,947]

17 minutes ago, RLLD said:

I am hearing about some companies looking at how to relocate some manufacturing elements from Mexico and Canada back into the US.   Notably, Canadian businesses.

This would be of course, immensely good for us.  I hope Canada keeps it up.

Hell, if I were Trump....right now.... I would point to the threat from the Canadian PM with regard to shutting off electricity....and then announce (whether its true or not).....that I was approving the development of the first nuclear power generation facility in decades.....in that area....

In other words, I would say " Oh?   you want to fock around?   How about I set it up so that you lose ALLLL of your focking money selling us power.....FOREVER>..how about ahat mf'er?"

 

Well that might work (doubtful). 
 

On the other hand he could simply end these tariffs, and the stock market would soar, and the economy would likely boom. Wouldn’t that be better and easier? 

[RLLD 4,113]

1 minute ago, The Real timschochet said:

Well that might work (doubtful). 
 

On the other hand he could simply end these tariffs, and the stock market would soar, and the economy would likely boom. Wouldn’t that be better and easier? 

No, the market is not a measure of economic well-being.   We have to do these things to position us for later.  There are no simple or easy answers, Trump has a considerable amount of damage to fix.   Its going to be hard before it gets better.

So hell yeah, let Canada accelerate the migration of companies from their economy and back into ours. 

[The Real timschochet 5,947]

1 minute ago, RLLD said:

No, the market is not a measure of economic well-being.   We have to do these things to position us for later.  There are no simple or easy answers, Trump has a considerable amount of damage to fix.   Its going to be hard before it gets better.

So hell yeah, let Canada accelerate the migration of companies from their economy and back into ours. 

Neither you nor anyone else has been able to explain to me how tariffs against Canada will fix any damage or achieve anything positive. The migration of companies to the US is minimal and if it comes at a severe cost to consumers it’s certainly not a plus for us. 

[Hawkeye21 2,306]

5 minutes ago, The Real timschochet said:

Well that might work (doubtful). 
 

On the other hand he could simply end these tariffs, and the stock market would soar, and the economy would likely boom. Wouldn’t that be better and easier? 

Wouldn't you rather have things improve here in the long term?

[Horseman 2,237]

1 hour ago, SaintsInDome2006 said:

It's so odd to me. Economically the US had the strongest post Covid economy in the world. Now we're staring at a recession 100% solely caused by our leadership.

Last week Goldman Sachs raised the chances of a recession from 15% to 20%.  Dummy here thinks it's 100%.  

 

[RLLD 4,113]

Just now, The Real timschochet said:

Neither you nor anyone else has been able to explain to me how tariffs against Canada will fix any damage or achieve anything positive. The migration of companies to the US is minimal and if it comes at a severe cost to consumers it’s certainly not a plus for us. 

I think some have tried to explain it, I think I did....but you seem to only see it one way, unwilling to accept value that naturally exists.

[The Real timschochet 5,947]

Just now, RLLD said:

I think some have tried to explain it, I think I did....but you seem to only see it one way, unwilling to accept value that naturally exists.

You’re right I see it only one way. It’s the same way 99% of economists see it. 

[The Real timschochet 5,947]

2 minutes ago, Hawkeye21 said:

Wouldn't you rather have things improve here in the long term?

Eliminate tariffs and things will improve both short term AND long term. 

[RLLD 4,113]

Just now, The Real timschochet said:

You’re right I see it only one way. It’s the same way 99% of economists see it. 

Please list your economists to which yo are referring?  By way of example, Peter Navarro and Scot Bessent support it.

Before you go down this road too far.....and use the appeal to authority fallacy, keep in mind that prominent people in the past supported dumb things.....did not make those things true.

[The Real timschochet 5,947]

Just now, RLLD said:

Please list your economists to which yo are referring?  By way of example, Peter Navarro and Scot Bessent support it.

Before you go down this road too far.....and use the appeal to authority fallacy, keep in mind that prominent people in the past supported dumb things.....did not make those things true.

Peter Navarro is a crackpot moron. 

[Ron_Artest 886]

6 minutes ago, Horseman said:

Last week Goldman Sachs raised the chances of a recession from 15% to 20%.  Dummy here thinks it's 100%.  

 

Dummy failed 2nd grade English