It wouldn’t be so bad if we didn’t get fucked by proxy of America electing an old senile fascist.

I am Canadian and I will feel Trump’s presidency for a while

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.

American ruling class, “Oh would you look at that, we just found a 24.99999% price hike that we definitely have to do because economy. Still cheaper though than the Canadian and Mexican imports.”

It’s just the rest of America that is going to get fucked.

But wages will go up because more stuff will be made in the US! /S (Basically my father’s argument)

I don’t doubt he thinks that’s possible, but what every one who repeats this idea seems to not grasp is that the US doesn’t manufacture consumer goods, and increasingly we aren’t able to farm our own food, particularly right the fuck now while we’re depopulating the country of farm labor. There’s nothing here to replace what we can’t get now. There’s no American alternative. We don’t do that, we pay other people to do it in a country with no labor protections and garbage pay and economy. No one wants to start manufacturing anything new right now in the US because it will become even less profitable the second the moron is out of office and all this stops, then there’s the fact that even if we had people who wanted to start doing all this manufacturing, it would take them often more than 5-10 years to get off the ground and that’s not even getting into finding labor in the US to do this work. While we’re being depopulated. Apparently the 1m dead from Covid simply wasn’t enough.

Yes, but i don’t believe trump KNOWS that. Instead he’s been told to do this.

Don’t forget his little issue with TSMC holding a virtual monopoly on wafer fabrication.

Don’t forget that’s HIS FAULT.

GlobalFoundries had working 7nm, but they were a year late and-

• Intel’s problems appeared to be over (they weren’t)

• TSMC would have mass production of N7 up within months (they were already in risk production)

• Samsung’s aggressive posturing and pricing for Samsung Fab would eat into their business, even though it was for a 10nm class product

• UMC would have 7nm up within 6 months (they stole TSMC IP and got clapped for it, no UMC 7nm)

• SMIC would also be up within a year (Also stolen TSMC IP, they can’t sell it in the west but it’s used extensively in China)

All those thing would make it hard to make a lot of money when they were a year late (though all of them turned out wrong except TSMC). SF parent company would have allowed all that to happen too, but then Trump started subsidising oil to put pressure on OPEC. ATIC no longer had their ‘unlimited money’ and GF had to get back in black, so 7nm was cancelled.

This left only TSMC and Poor Quality Samsung (Intel still doesn’t really do third party fab work)

Thanks Trump for putting tariffs on for the mess you created.

WAY more. We import a lot of food from Mexico as is, and the immigration and ethnic clensing the Trump goverment is engaging in is already forcing farmers to watch their crops rot on the ground with no one to harvest them. So we’re following in the great tradition of Stalin and Pol Pot, we have a dumb fucking asshole with a hard on for ‘‘strong man tactics’’ demanding we change how we get food in many extreme ways immediately, you know, instead of gradual change, so we’ll all get to see what an artifical famine looks like! Do you think Trump will let other nations send us emergency rations so we won’t die? Or will he confiscate them at a dock or border and have them dumped into the ocean so he doesn’t look weak? North Korea knows.

I can’t believe some people think that putting tariffs on a country means the country will just give the government 25% of everything and the merchants of that country are not just going to raise the prices to match the new expenses(or maybe even a little bit more since they have a good excuse to change prices).

I guess I can stand to eat a bit less, we can call it the economic collapse of the US diet! Just think of all the profits from the diet books! To bad they are going to cost 30% more now that my Mexican publisher is paying a tarrif to bring the books into the US. That’s OK, spending more money on the book just means that you won’t be able to afford as much food, making the diet work even better!

It will unless it can come from somewhere else.

I live in Texas, and it’s hard to overstate how much of our produce is imported from Mexico. This would be an almost immediate 25% price hike on food that basically can’t be grown at scale here because we don’t have Mexico’s climate. Surely he’d exempt food from whatever he’s about to do. Right…?

Thank you.

Finally someone rational who understands that tariffs are horrible for the working class.

Canada and Mexico are still part of that North American free trade agreement thing. We (Canada) will just get our food from Mexico and South America like we’ve always done. We’ll just skip America.

Nah, EU likes them avocados and fruit too, especially in winter.

Looking forward to cheaper maple syrup!

deleted by creator

Here you go

And even if there were American made alternatives, they’d still be more expensive than importing.

Enjoy your higher prices, suckers.

If they really wanted this to work it should be something like a steadily increasing tariff over time instead of 25% right off the bat. But I don’t think they really care about it working as intended.

flimsy concept of an excuse to have the tariffs in the first place.

Gotta distract people while the ruling class robs them blind.

We’re reaching the “find out” stage.

The person who proposed shutting off electricity was Doug Ford, the premier of Ontario who could in fact follow through. It would definitely be the nuclear option but it would disrupt the power grid of several norther states we border.

I don’t think it will come to that. I think the orange idiot just wants some politicians to grovel and pay his tithe at the last minute so he can feel powerful. He’s “warned” of tariffs too many times to make me think he’s serious.

choked on a pretzel

I wonder how many people reading this remember that this actually happened to Bush the 2nd.

deleted by creator

Then you get to speedrun to a corporate theocracy with President Vance.

The thing is, I think that might be out of the frying pan and into the fryer at this point.

Vance is cooler under pressure in interviews and generally more coherent sounding. I think he does a far better job of saying ridiculous unreasonable things with a convincing tone of voice and demeanor than does Trump.

If Trump has one too many cheeseburgers tomorrow, then we’ve got young, clean-cut, smooth talking first-term President Vance to worry about, and I bet he won’t be threatened by the attention Musk gets as long he he gets his cut. (Hell, I’m not even sure having to take over for Trump in that circumstance would count as his first term.)

Man have you seen him speak? I don’t know what concoction of drugs he is on or if he’s just showing his age but he’s definitely not the rager he was 5 years ago. Seems tired and much less coherant. Makes me optimistic he might be in mental decline more than I theorized previously. But if we go by the ‘asshole’ rule he’ll outlive most of the Senate just out of stubbornness and hatred. We definitely need a quick solution.

Man look at Kissinger and the Bush Family.

If you’ve got a high enough body count you just live forever.

The Simpsons have not been wrong yet…

Why the fuck would you want to go back to Ohio?

That state sucks balls.

It’s not just the media that loves tariffs.

Plenty of regular, stupid people have been convinced that a worse deal is better if they’re making someone domestic richer instead of someone foreign.

The domestic aristocracy doesn’t care about America, or else they would take a hit to their profits to provide Americans a better deal.

Master of negotiations!

The way you increase productivity is via exports, not artificially increasing the cost of goods. A sin tax is when you want to stop people from doing things so you make it more expensive. If you want to increase American cement production, you subsidize production.
Adding a tarrif to Canadian cement imports increases cost for imported cement, and encourages domestic producers to increase costs to match. If the competition just got 15% more expensive, there’s no reason for me to not raise my prices 14%.
If the government comes in and says they’ll pay me $15/ton of cement I produce, that encourages me to produce more cement and lower the price to sell it. Now I’m producing more, and I need to hire another machine operator and the economy grows because the lowered cost of cement makes people more willing to do things that need cement.

Tariffs are really only good for counteracting other countries subsidies. If Canada were paying manufacturers $20 a ton to produce cement, then applying a $20/ton tarrif makes the prices unbiased.

It’s why our agricultural subsidies are viewed poorly by food scarce nations: we lower the overall market cost for food, and they can’t afford to subsidize their own production, and returning equilibrium on imports would starve people, so they’re trapped in a cycle of being dependent on imported subsidized food while living next to fallow farms.

Canada and Mexico aren’t subsidizing their export industries, and a lot of what we’re trading is in things we can’t or don’t want to handle. You can’t increase American uranium production, off the top of my head.

We had a position of trade strength, which meant that we could afford to import more than we produced because our intangibles were worth more, and what we exported was worth more. Import steel and export tractors. Now we’re saying we want to stop importing steel, making it harder to export tractors, so that we can bring back low paying dangerous jobs.

If you want to see productivity grow trumps way, go get a job as a farmhand picking spinach. Because his policy is basically that we need less engineers and more farm hands.

I think the problem is that these tariffs are, for the most part, untargeted. They aren’t a “tax” on “specific imports”. They’re a blanket tax on all imports from many countries.