I see the STUPID MAGA ARSEHOLE is imposing terrifs on some countries!

They are hitting back!

quote:

Originally posted by Saeed:
I see the STUPID MAGA ARSEHOLE is imposing terrifs on some countries!

They are hitting back!

there is never a winner in those kind of actions ...

quote:

Originally posted by medved:

quote:

Originally posted by Saeed:
I see the STUPID MAGA ARSEHOLE is imposing terrifs on some countries!

They are hitting back!

there is never a winner in those kind of actions ...

We have an enormous loser in charge now and he wants others to join him!

What a STUPID ASSHOLE!

Makes Justin look like an angel!

quote:

Originally posted by Saeed:

quote:

Originally posted by medved:

quote:

Originally posted by Saeed:
I see the STUPID MAGA ARSEHOLE is imposing terrifs on some countries!

They are hitting back!

there is never a winner in those kind of actions ...

We have an enormous loser in charge now and he wants others to join him!

What a STUPID ASSHOLE!

Makes Justin look like an angel!

and that is really sad lol

the president of colombia would differ -

well we will see how long before we submit ... there is always a cost and it is not only one way as your country will discover ...

jeff: 61% of your oil and natural gas/lng is coming from canada alone ... even if you start tomorrow drill baby drill there will be a cost on it to get that level ... you want our oil you will pay for it ... and trust me your president has made one thing that i will never believe will happen in my lifetime: getting all of us more patriotic and getting along ...

medved, not going to argue the figures, and will assume you are correct - (let's recall i grew up in Houston, Specifically in refinery row - i am from where gas comes from!!

and yet MOST us refineries can't process WTI crude - and this as been argued since the 80s that the epa should allow more refineries - great paying jobs!! like HS grad can make 150K after a couple years on the job


all that aside, Saeed said tariffs NEVER work, and i presented a recent example of how, yes, indeed, they DO work

quote:

Originally posted by jeffeosso:
medved, not going to argue the figures, and will assume you are correct - (let's recall i grew up in Houston, Specifically in refinery row - i am from where gas comes from!!

and yet MOST us refineries can't process WTI crude - and this as been argued since the 80s that the epa should allow more refineries - great paying jobs!! like HS grad can make 150K after a couple years on the job


all that aside, Saeed said tariffs NEVER work, and i presented a recent example of how, yes, indeed, they DO work

you are right tariffs war works sometimes Jeff but almost every time not the way it was first intended ... seems we have the demonstration today canada is doing one way colombia another. ...

i expect there will be a negotiation over whatever is burning his butt, and the tariffs will go away in 3-6 weeks

We almost caught a Civil War over states trying to nullify federal tariffs. The Supreme Court held states did not possess the power to declare Fed legislation null and void. President Jackson dated the states led by South Carolina to defy it. Jackson’s economy was not very robust. It was actually very poor. Those tariffs while constitutional, and Jackson did his job, did not work.

I remember we had tariffs specifically to protect US shotgun manufacturing. I guess that worked as we saw Parker et al become a thing. I do not know what great gain that was.

I am disappointed at folks making excuses for this President intentionally harming our economy.

It is a back-door tax increase. He is counting on us to believe that the External Revenue Service is getting their money from exporting countries. When I buy tariff-eligible parts from Digikey, the tariff is added to my bill.

Yes, because despite the world economic expert the equine surgeon these tax increases shall be felt by end of the stream purchasers.

This economy is too fragile for trolls and games of fools.

quote:

Originally posted by TomP:
It is a back-door tax increase. He is counting on us to believe that the External Revenue Service is getting their money from exporting countries. When I buy tariff-eligible parts from Digikey, the tariff is added to my bill.

Exactly. But Puff Daddy likes to wrap it up in a big old tortilla that the MAGAts can munch on without knowing what's in the burrito . . . we are punishing these countries, poking a stick in their eye for fentanyl, illegal immigration, taking jobs, etc. And the MAGAts do what they always do, stand in line to order Puff Daddy's burritos.

quote:

we are punishing these countries, poking a stick in their eye for fentanyl, illegal immigration, taking jobs,

I'm confused???? You're okay with those countries doing that?

quote:

Originally posted by MJines:

quote:

Originally posted by TomP:
It is a back-door tax increase. He is counting on us to believe that the External Revenue Service is getting their money from exporting countries. When I buy tariff-eligible parts from Digikey, the tariff is added to my bill.

Exactly. But Puff Daddy likes to wrap it up in a big old tortilla that the MAGAts can munch on without knowing what's in the burrito . . . we are punishing these countries, poking a stick in their eye for fentanyl, illegal immigration, taking jobs, etc. And the MAGAts do what they always do, stand in line to order Puff Daddy's burritos.

let your kink flag fly, mike .. it's a weird fantasy that literally no one but you is parroting, but if that's your thing, i don't think anyone will really judge you

cue the "daisy" comment -- yeah yeah, i have bertram on one boot, i guess some jines on the other won't really matter ---

(whistle) here, boy,, come get a snack

Daisey wants seconds on the burritos. Jump Daisey, jump. Through the flaming hoop, just a little higher for the Orange Man. Good Dog.

. . . I gotta pick up some bully sticks for Daisy, he likes chewing on everything.

One thing I heard, and may well be BS is that some Canadians have been messing with the US by buying stuff from various places that the US has restrictions on, and then reselling them to the US at very cheap prices... That does not sound particularly neighborly. Done to get around US taxes.

I'm not entirely sure what is what as far as Trump's particular reason that he's upset at the Canadians. I do know that Canada has some protective tariffs themselves already...

quote:

Originally posted by crbutler:
One thing I heard, and may well be BS is that some Canadians have been messing with the US by buying stuff from various places that the US has restrictions on, and then reselling them to the US at very cheap prices... That does not sound particularly neighborly. Done to get around US taxes.

I'm not entirely sure what is what as far as Trump's particular reason that he's upset at the Canadians. I do know that Canada has some protective tariffs themselves already...

i have heard that in the middle of the winter it is +30c over the 62north of paralel lol ...

I prefer to take the wait and see attitude, that way I don't have to worry about pulling my head out of my ass later.
Trump is doing exactly what he said he was going to do and taking no bull while doing it, and I like it.
And what Jeff says.

Paul

quote:

Originally posted by Steve Bertram:
Daisey wants seconds on the burritos. Jump Daisey, jump. Through the flaming hoop, just a little higher for the Orange Man. Good Dog.

well, what a surprised, steve like's mike's burrito fantasy -- get a room

out of morbid curiosity, how do you two decide who's the burrito and who chews the "bully stick" during your hunts in colorado? do both of you wear dog masks, as ya'll fantasize about the same, so much?

have you told your wives?

Daisey honey, go lay down. We don't need you piddling on the floor or nipping at ankles. You probably need a rest at your advanced age. Your bed is over there in the sun, be a good dog and lay down.

They say you cannot teach an old dog new tricks. I wonder if you can teach them about punctuation and capitalization? Good news Daisy, Jeffive, Steve and Joshua are here for you to chase today. Maybe Naki will show up soon for you to bark at too. A dog’s life.

i haven't received this much attention for "bois" since the waiter found out what a black amex means --

from another post.

worth the reading:

https://www.reuters.com/world/...da-china-2025-02-02/

Trump says Americans could feel 'pain' in trade war with Mexico, Canada, China

Summary

US faces retaliation from Canada and Mexico
Experts warn of inflation, slower economic growth
Goldman Sachs expects tariffs to be short-lived
Investors worry about additional Trump steps

WASHINGTON, Feb 2 (Reuters) - President Donald Trump said on Sunday the sweeping tariffs that he has imposed on Mexico, Canada and China may cause "some pain" for Americans, as Wall Street and the largest U.S. trading partners signaled hope that the trade war would not last long.
Trump, who began his second term as president on Jan. 20, defended the tariffs that he announced on Saturday. Canada and Mexico said they were working together to face the 25% U.S. duties on imports, which promise to jolt the integrated economies of three North American countries that have had free-trade agreements for decades.
Canada and Mexico immediately vowed retaliatory measures after Trump's announcement on Saturday. China said it would challenge Trump's 10% tariffs at the World Trade Organization and take unspecified countermeasures.
Critics said that the moves against the three largest U.S. trading partners will hurt Americans by driving prices higher and slowing global growth.
Trump defended his decision on social media on Sunday.
"The USA has major deficits with Canada, Mexico, and China (and almost all countries!), owes 36 Trillion Dollars, and we’re not going to be the 'Stupid Country' any longer," the Republican president wrote.
Writing in capital letters, Trump added, "This will be the golden age of America! Will there be some pain? Yes, maybe (and maybe not!)."
Trump did not specify what he meant by "some pain."
A model gauging the economic impact of Trump's tariff plan from EY Chief Economist Greg Daco suggests it would reduce U.S. economic growth by 1.5 percentage points this year, throw Canada and Mexico into recession and usher in "stagflation" - high inflation, stagnant economic growth and elevated unemployment - at home.
Financial markets were closed over the weekend but the measures will initially be felt when U.S. stock futures trading 6 p.m. ET (2300 GMT) on Sunday. Markets were awaiting developments with anxiety, but some analysts said there had been some hope for negotiations, especially with Canada and China.
"With only two days before implementation, the tariffs look likely to take effect, though a last-minute compromise cannot be completely ruled out," Goldman Sachs economists said in a note Sunday.
They added that since the White House set very general conditions for their removal, the levies are likely to be temporary, "but the outlook is unclear."
The Trump tariffs, outlined in three executive orders, are due to take effect on at 12:01 a.m. ET (0501 GMT) on Tuesday. Trump vowed to keep them in place until what he described as a national emergency over fentanyl, a deadly opioid, and illegal immigration to the United States ends.
China left the door open for talks with the United States. Its sharpest pushback was over fentanyl.
"Fentanyl is America's problem," China's foreign ministry said, adding that China has taken extensive measures to combat the problem.
Canada's ambassador to the United States, Kirsten Hillman, on Sunday signaled hope for an agreement.
"We're hopeful that they don't come into effect on Tuesday," Hillman said on ABC's "This Week" program.
Hillman said Canadian officials are ready to keep talking to the United States but that Canadians expect that their government "stands up for itself."
Trump has sounded particularly dismissive toward Canada, with calls for the country to become the 51st U.S. state and saying it "ceases to exist as a viable country" without its "massive subsidy."
A Reuters/Ipsos poll released last week showed Americans were divided on tariffs, with 54% opposing new duties on imported goods and 43% in support, with Democrats more opposed and Republicans more supportive.
FOLLOWING THROUGH
The tariff announcement made good on Trump's repeated threat during the 2024 presidential campaign and since taking office, defying warnings from top economists that a new trade war with the top American trade partners would erode U.S. and global growth, while raising prices for consumers and companies.
Less than two weeks into his second term, Trump is upending the norms of how the United States is governed and interacts with its neighbors and wider world.
Trump declared the national emergency under laws called the International Emergency Economic Powers Act and the National Emergencies Act to back the tariffs. They give the president sweeping powers to impose sanctions to address crises.
Trade lawyers said Trump was once again testing the limits of U.S. laws, and the tariffs could face legal challenges. Democratic lawmakers Suzan DelBene and Don Beyer decried what they called a blatant abuse of executive power.
Republicans welcomed Trump's action. Industry groups and Democrats issued warnings about the impact on prices.
"Who will suffer most? American consumers - who will face skyrocketing prices on everything from groceries to gas to cars," U.S. Representative Josh Gottheimer wrote on social media.
INVESTORS LOOK AHEAD
Investors were considering the effects of additional tariffs promised by Trump, including those related to oil and gas, as well as steel, aluminum, semiconductor chips and pharmaceuticals. Trump has also vowed actions against the European Union.
"It's only a matter of time before the EU is targeted," said Marchel Alexandrovich of Saltmarch Economics in London.
The European Union said it was not aware of any additional tariffs being imposed on EU products. A European Commission spokesperson said the EU believes tariffs are harmful to all sides but "would respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods."
Europe's biggest carmaker, Volkswagen (VOWG_p.DE)
, opens new tab, said it was counting on talks to avoid trade conflict.
Automakers would be particularly hard hit, with new steep tariffs on vehicles built in Canada and Mexico burdening a vast regional supply chain where parts can cross borders several times before final assembly.
HURTING AMERICANS
In a message aimed at Americans, Canadian Prime Minister Justin Trudeau said U.S. citizens would be hurt by rising grocery and gasoline prices, as well as the possible shuttering of auto assembly plants and limited supplies of metals and minerals. Trudeau urged Canadians to boycott the United States and its goods.
Trudeau said on Saturday evening that Canada would respond with 25% tariffs against $155 billion of U.S. goods, including beer, wine, lumber and appliances, beginning with $30 billion taking effect on Tuesday and $125 billion 21 days later.
Mexican President Claudia Sheinbaum did not provide details on planned retaliatory tariffs.
A White House fact sheet said the tariffs would stay in place "until the crisis alleviated," but gave no details on what the three countries would need to do to win a reprieve.
Trump imposed only a 10% duty on energy products from Canada after concerns raised by oil refiners and Midwestern states. At nearly $100 billion in 2023, imports of crude oil accounted for roughly a quarter of all U.S. imports from Canada, according to U.S. Census Bureau data.
The White House officials said that Canada specifically would no longer be allowed the "de minimis" U.S. duty exemption for shipments under $800. The officials said Canada, along with Mexico, has become a conduit for shipments of fentanyl and its precursor chemicals into the U.S. via small packages that are not often inspected by customs agents.

The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

Reporting by Jarrett Renshaw in West Palm Beach, Florida; Promit Mukherjee in Ottawa; Kevin Krolicki and Qiaoyi Li in Beijing; Andrea Shalal, David Lawder, Douglas Gillison, Doina Chiacu, Susan Heavey in Washington; Josephine Mason in London; Writing by Doina Chiacu; Editing by Scott Malone and Will Dunham

Tariff's are cat nip to a Government seeking additional sources of revenue.


Americans will be paying another virtue tax. I am just tingling about my future virtuousness.

That is a lie . . . Trump said the tariffs are to make these countries pay for fentanyl, illegal immigration, job losses, etc. and he would never tell a lie. Trump must get on his knees every night and give thanks that MAGAts are so fucking stupid.

Fentanyl, cocaine, illegal immigration? Where are these markets for such thing at? Oh, right, supply & demand is too complicated for some people.

quote:

Originally posted by wymple:
Fentanyl, cocaine, illegal immigration? Where are these markets for such thing at? Oh, right, supply & demand is too complicated for some people.

this another of your 3rd hand, "close enough" conclusions?

quote:

Originally posted by crbutler:
One thing I heard, and may well be BS is that some Canadians have been messing with the US by buying stuff from various places that the US has restrictions on, and then reselling them to the US at very cheap prices... That does not sound particularly neighborly. Done to get around US taxes.

I'm not entirely sure what is what as far as Trump's particular reason that he's upset at the Canadians. I do know that Canada has some protective tariffs themselves already...

Vancouver middlemen? This would not be a big surprise...

Watch the stock market tomorrow, & cover your ears from the howling of 401K participants.

quote:

Originally posted by MJines:
That is a lie . . . Trump said the tariffs are to make these countries pay for fentanyl, illegal immigration, job losses, etc. and he would never tell a lie. Trump must get on his knees every night and give thanks that MAGAts are so fucking stupid.

The Chinese are holding a gun at the head of intelligent Americans heads to force them to use fentanyl!

by what miracles in 24 hours canada, mexico and panama followed all the orders of trump or not lol ... anyway he already removed those sanctions and let s talk about it in a month ...

Tariffs ARE working.

They folded like a cheap suit

Yes they did but I Like to think they are seeing the benefit of cooperation.

Anyway.... MAGA!

excuse me who folded lol

quote:

Originally posted by Saeed:
I see the STUPID MAGA ARSEHOLE is imposing terrifs on some countries!

They are hitting back!

A swing and yet another miss!!!!!

quote:

Originally posted by medved:
excuse me who folded lol