Trump says Canada and Mexico to be hit with 25% tariffs on Saturday
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Literally any other politician I could believe would be stupid enough to rile everyone up about tariffs but still be hesitant to pull the trigger on it out of fear of the economic repercussions.
Trump straight up doesn't understand the repercussions, will fire anyone who tries to explain them to him, and has no reservations whatsoever about pulling any triggers that he can get his lil fingies around.
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Not to mention roller coasters. Two of the largest thrill parks in the US.
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Whatever he exempts is specifically what Canada and Mexico should target for export tarriffs in retaliation.
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Unfortunately, it's just going to become another massive wealth transfer when those that have the means buy ups heaps of cheap stock after the resulting market downturn.
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Master of negotiations!
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Maybe then, enough people will see the guillotine as a good solution.
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I've compared to Afghanistan many times.
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When the people can't even afford the lumber to make the guillotines, what do we do then?
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We take the lumber...
There is strength in numbers, and in solidarity! They cannot kill us all, because they need us more than we need them!
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Someone make this into that Gru meme:
- Slap a 25% tarrif on goods coming from your 3 biggest economic allies
- Economy will strengthen due to American consumers preferring American made alternatives
- There are no American made alternatives
- There are no American made alternatives
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If empty platitudes could strike down the bourgeois, you'd be the greatest hero our world has ever known.
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"Oooh it's December, time to raise taxes to 20%. Ok January again, lowering taxes to 0%. The people love me!"
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Just like the war on drugs, you'll be able to buy black market tacos in alleys.
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Ah. You still dont understand how the US works. Send a small bribe directly to the Trump family and you can do whatever you like. I suggest using Eric Trump. If Dems are in charge send a bribe to AIPAC and they will give the dems their allowance. Either way its probably not even expensive.
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Yeah targeted tariffs only products where there's a domestically produced alternative might do that. Putting tariffs on everything means people will just have to pay more for some things. Canada and Mexico will do the former, while the US is doing the later (much dumber) approach.
Anyway... this Canadian has just remembered a few more US based services to cancel. Not because of any price changes have happened yet but because apparently Americans have to learn the value of trade the hard way. Trade goes both ways, and that's not going to happen as much now.
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Man look at Kissinger and the Bush Family.
If you've got a high enough body count you just live forever.
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The problem with these kinds of conspiracy theories is that it assumes the conspirators are hyper-competent people.
It's far more plausible that they're just idiots.
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This makes no sense. If Canada could make a phone viable without any changes to tariffs, why wouldn't it have already happened? Why would tariffs make that less likely to happen?
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I'm morbidly fascinated to see how all of this shakes out.
Everyone on the left is saying it's a terrible idea with very predictable and deleterious consequences.
Trump seems to think it's as great as it sounds at face value - tax things that sound bad and get money.
Either way it will be a feature of economics text books for centuries to come.
Obviously I want to see Trump fail spectacularly, but it fucking sucks that would harm those of us who can least afford it.
If you went shopping last week and half value of your purchases originated in Canada or Mexico, then will the same purchases next week cost 12.5% more ? That's pretty staggering inflation
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Pfft... just buy some $TRUMP crypto coin. The graft is all out in the open now.
Also the "uncommitted" got their way and got Trump into power. So now AIPAC conspiracy stuff is just straight up antisemitism now.