Trump's Trade War to Raise Prices on a Wide Range of Products

[bannork]

"Donald Trump imposes tariffs but Canada and Mexico hit back - BBC News" https://www.bbc.co.uk/news/articles/c627nx42xelo

[SunnyinBangrak]

Hopefully it will increase the price of fentanyl.

 

Have to LOL at Canada and Mexico's stupidity here, they choose to cripple their economies rather than implement common sense border control. Morons. How many hours until they do a 180? I'll give it a week tops.

[bannork]

  On 2/2/2025 at 6:35 AM, SunnyinBangrak said:

Hopefully it will increase the price of fentanyl.

 

Have to LOL at Canada and Mexico's stupidity here, they choose to cripple their economies rather than implement common sense border control. Morons. How many hours until they do a 180? I'll give it a week tops.

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Trudeau says that less than 1% of the fentanyl flowing into the US comes from Canada.

 

"Trump Calls Canada a Big Player in the Fentanyl Trade. Is It? - The New York Times" https://www.nytimes.com/2025/01/30/world/canada/canada-fentanyl-trump.html

[Yellowtail]

  On 2/2/2025 at 6:44 AM, bannork said:

Trudeau says that less than 1% of the fentanyl flowing into the US comes from Canada.

 

"Trump Calls Canada a Big Player in the Fentanyl Trade. Is It? - The New York Times" https://www.nytimes.com/2025/01/30/world/canada/canada-fentanyl-trump.html

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So, Trudeau knows how much fentanyl Canada is sending to the US? 

 

Why does he not stop it? 

[GypsyT]

Idiot Bull is smashing everything in China shop...

 

Let stupid MAGA voters suffer! More the better 🙂

[bannork]

'You're losing': Onlookers blast 'dumb' Trump as he officially 'launches a trade war'

Various comments on Trump's move.

Economic policy expert Brian Riedl said, "When the international community wants to hammer an enemy's economy, it isolates that economy by imposing a trade embargo. Only the U.S. government is dumb enough to impose a trade embargo on itself."

Journalist S.V. Dáte said, "Donald Trump announcing here that he has increased taxes on Americans by $297 billion a year."

Journalist Josh Marshall said, " I can only imagine what this does to industries which have been designed to work back and forth across US-CA-MEX border like the auto industry."

Economist Marc Lévesque: "So, it's official. Trump has just violated the Canada-US-Mexico Free Trade agreement that he himself signed."

[spidermike007]

The potential ramifications of this absolutely insane and I'll informed trade war could be devastating for the American economy and the American people who this fool claims to represent. 

 

Trump has threatened tariffs as one way of countering China’s global sea power. An advisor on his transition team has proposed a 60% tariff on any product transiting through the Chancay port in Peru or any other Chinese-owned or controlled port in South America.

 

Rather than making nations reluctant to sign port deals with Beijing, however, this kind of action just erodes Washington’s regional influence. And China is likely to take retaliatory measures, like banning the export of critical minerals to the US.

 

Host nations like Peru and Brazil, meanwhile, are using the competition for port investment to their advantage. Attracting interest from both the West and China, they are increasingly asserting their autonomy and adopting a strategy of using ports to “play everywhere” on the global stage.

[spidermike007]

 

As far as I'm concerned one of the most dangerous, reckless, and poorly thought out policies that Trump has proposed, are even higher tariffs on many classes of imported products.

Who ends up paying for this? American companies who are manufacturing in China, and the consumer, that's who. 

In the end huge taxes may encourage companies too pull out of China, which is a good thing, but how long will that process take, and what will the economic consequences be in the interim? 

 

If he enacts his import tariffs as promised it could spell disaster for the American economy. It is nothing but a massive tax hike on the American People, and could have a very negative impact on thousands of American companies that manufacturer overseas, without any true understanding of why they manufacture overseas.

 

Trump manufactures overseas, every opportunity he gets, to save money. Bibles, baseball caps, and likely countless other things. So, calling him very disingenuous would be an understatement. 

 

He is not a socialist. He is a Marxist, with his use of fiction and propaganda. And he is a failed capitalist. It is fairly easy to get wealthy if you are willing to steal most of your fortune from unsuspecting small contractors. Yet he still went bankrupt. 5 times. Massive bankruptcies. That requires a special kind of skill as a grifter, and a scam artist. 

 

His tax hike proposals would end up being a disaster. If they were highly targeted tariffs, only imposed upon goods other states were subsidizing, making it impossible to compete, that makes sense and would be good policy. But, blanket tariffs end up being punitive for the American consumer and American companies forced to operate overseas due to the silly costs of manufacturing in the US. They are a tax.

 

Trump lies when he says other nations will pay for them. He lies when he says companies will pay for them. Consumers will pay, so it becomes a tax. Be bold, big Don and for once be honest. It is a tax hike. And it could slow down the economy and result in a massive loss of jobs, and major inflation. Very dumb policy.

[spidermike007]

  On 2/2/2025 at 7:10 AM, Yellowtail said:

So, Trudeau knows how much fentanyl Canada is sending to the US? 

 

Why does he not stop it? 

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It's kind of hard to respond to a reply like that, do you honestly think that Trudeau is sending the drugs himself? Do you think the Canadian government is sending the drugs? You think that there's even a possibility that the drugs are being smuggled through Canada? 

 

Do you think that Trump is going to be able to stop the flow of drugs into the US? He certainly didn't in his first term, did he? 

[scottiejohn]

  On 2/2/2025 at 8:12 AM, GypsyT said:

Idiot Bull is smashing everything in China shop...

 

Let stupid MAGA voters suffer! More the better 🙂

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Unfortunately it is not just the MAGA misguided followers who will suffer from Trump's nonsense!

[sidjameson]

As a Brit it is exasperating to see Trump. 

The left just don't get why so many are very disappointed with what's happened to their country. The left produced Trump's popularity.

A massive reform was needed. The trouble is Trump is so obviously the wrong man. A danger to the world. Probably insane. 

Yet the left still don't get why so many will accept 5 insane days of trump for each sane one.

[0ffshore360]

  On 2/2/2025 at 7:10 AM, Yellowtail said:

So, Trudeau knows how much fentanyl Canada is sending to the US? 

 

Why does he not stop it? 

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Why would  Trump know better than Trudeau in reality?

It is also malicious to say "sending" unless you know Canadian officials organize the manufacture  and/or  passage ?

Why oh why  do so many so easily  jump on board of Trump's  BS propaganda boat ?

 

 

[NoDisplayName]

  On 2/2/2025 at 6:31 AM, bannork said:

"Donald Trump imposes tariffs but Canada and Mexico hit back - BBC News" https://www.bbc.co.uk/news/articles/c627nx42xelo

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What's the problem?

 

The stable genius has assured us that trade wars are fun and easy to win.  Ignore the last one, it was just a fluke.

 

After all, he's promised that Canada and Mexico and China will be paying the tariffs.

 

And if not, he'll just release the kracken and send the bill to Greenland.

 

Winning®!

[Celsius]

  On 2/2/2025 at 7:10 AM, Yellowtail said:

So, Trudeau knows how much fentanyl Canada is sending to the US? 

 

Why does he not stop it? 

Expand  

 

The better question is why don't you stop using fentanyl?

[NoDisplayName]

  On 2/2/2025 at 9:24 AM, spidermike007 said:

An advisor on his transition team has proposed a 60% tariff on any product transiting through the Chancay port in Peru or any other Chinese-owned or controlled port in South America.

Expand  

 

Serves the Chinese right for building infrastructure and signing trade deals and paying leases for facilities!

 

Don't they understand the rules-based international order?

Just regime-change those brown folks!

Send a little kinetic love their way until they submit.

 

Winning®!

[GypsyT]

I don't usually listen any speeches by leaders but Justin Trudeau's one was SO GOOD I had to listen.

https://globalnews.ca/news/10993376/trudeau-trump-tariffs-us-canada/

 

Retaliation came swiftly.

 

[uncletiger]

People saying this is "insane" for America don't understand what is at stake.

 

Every country that is currently controlled by a WEF/globalist criminal syndicate puppet government is going to be challenged in the same way. Canada is merely the first. America will take a hit, but Canada is going to be devastated over this. This will kill approximately half of their international trade and double their unemployment figures. America will suffer higher prices. Canada will suffer economic Armageddon.

 

All that is required to fix this is to eject the globalists from power, and put in a government that the USA can negotiate with to stop the terrorists and insurgents that are flowing across the Canadian border into America. Canada has hundreds of thousands of immigrants on international student visas that are not actually attending school. And some fraction of those are actual terrorists who have used Canada's lax immigration policies as a gateway to America.

 

The northern border of the USA is actually a bigger threat to America right now than the southern border.  If you want the tariffs to end, then Trudeau and the Liberal puppet government of the globalist criminal syndicate has to go. That is what this is all about. The American people are ready to accept the challenges that go along with this war, because the USA can no longer tolerate how the Canadian government is abusing the long standing friendship.

 

Are the Canadians really going to accept this? Or are they going to fix their immigration policies and install a government that is ready to stand against the WEF? I guess we'll find out.

[MicroB]

The favourite to replace Trudeau, Mark Carney, would be interesting to listen to.  Dr Carney; actual economist.

 

Its generally said tariffs only hurt the consumer, as the increase is passed on. The Smoot-Hawley Tariff Act of 1930 caued the Great Depression. The Great Depression allowed Hitler to come to power, and ultimately the impact of the US raising tariffs caused World War 2. 

 

But not strictly true if the consumer has a choice. That's Trump's imaginary solution.

 

80% of Canadian oil is exported to the US. But why does the US need Canadian or any foreign oil if it can drill baby drill.

 

https://www.fuelstreamservices.com/why-the-u-s-cant-use-the-oil-it-produces/

 

For cars, its utterly dependant on imported oil, or expect sharp increases at the pump, and ultimately, in the supermarket (eg price of eggs).

 

About 80% of medical equipment is imported, albeit made by US companies. Trump should ask his mate Putin how he got on onshoring the Russian medical industry post-2022. Russia has a lot of technical knowhow. They put a man into space first, They have nukes. They have incredible scientists.

 

That's probably what Putin thought when he formed a panel to look at what medical equipment and medicines coud be Made In  Russia Again (medicines and most medical equipments are not sanctioned, but they are now much more expensive in Russia, since 89-90% were imported). The response was not much. Its not just about know how; that will take years to develop, but in healthcare, doctors generally don't want to kill their patients with some hokey solution.

 

A lot of politicians, East and West, don't understand this. They think its just about Will and Ingenuity. This was played out during COVID and Ventilators. With good reason. there was expected to be an increase in demand for Emergency Ventilators, only they weren't mass produced, generally only made, quite slowly, to order. We didn't have enough ventilators. So there was a worldwide, and unseemly scramble for available inventory.

 

Anyone remember when Putin made America a gift of Russian ventilators, and other medical equipments in March 2020, to help out in New York. The President at the time thought it was a big deal, and he was very thankful. None of it made it anywhere near a US hospital. It went straight to the scrap heap. No American doctor was willing to risk their patients being hooked u to a shonky bit of kit that could actually kill them. Lots of countries had lots of people from industry to rethink how to make ventilators. In the US, Trump got GM and Ford, in a WW2 style effort make 50,000 ventilators in 100 days. In the UK, the government got the military involved, formed the "Uk Ventilator Challenge", lead by defence contractor Babcock to take the same approach as we did to Afghanistan, with "Urgent Operational Requirements", think out of the box, how to make a back to basics ventilator, war style, after thats what made the Sten gun brilliant.... James Dyson put in his awl, saying ventilator makers were idiots, and he was a genius rethinking the concept of the ventilator, in the same was he reinvented the hoover and changed how we dry our hands. Pretty sure Elon Musk pitched in. Trumpf must have loved this, all these fellow geniuses getting things done, a can do spirit.

 

Only no one spoke to the doctors. For the same reason they didn't want Russian ventilators that catch fire anywhere near their hospitals, they didn't want ventilators screwed together by someone a week earlier who was screwing together a F150, nor a ventilator designed by a hoover maker using coke bottles and chicket wire.

 

And this is what Putin found. Russian doctors wanted to have the same medicines as before, the same ultrasound as before, the same IVD tests as before. Not Russki knockoffs.

 

The Healthcare supply chain is complex; I am working with certain national agencies to understand the supply chain landscape supporting their healthcare needs, using their own data that they can't understand. They were worried about the stresses revealed by COIV. They are genuinely worried about another COVID. But they are worried about the effects of Typhoons, Hurricanes and other natural weath events, and how that impacts supply. They are worried about financial failure.

 

Did you know, there is a influenza testing device sold in the US, by a top US makers, it provides rapid and accurate testing for a battery of viruses. They assemble some of it in the US, they assemble another bit in their China subsidiary (the consumable, because they need that to be really cheap if scaling it up for population level usage). They don't know much about electronics, so they use a US contract manufacturer to design and make a reader. This CMO farms that out to its Singaporean subsidiary, who ultimately get it made in their lower wage Malaysian factory. Meanwhile, this test,, is worthless if it doesn't have reagents. Luckily, they can do that inhouse, except for the Control. Control is something to prove the test works. Its an inert derivative of the virus you are trying to detect. It can only be made in a laboratory that is growing active virus to actually quite large amounts. Its a lab that needs particular containment measures, of the sort seen at the Wuhan Virus Research Institute. This major US manufacturer sources its killed control from a little Dutch sub-contractor, from their little Dutch BS3 containment facility. The manufacturer operates with a 8% margin; it squeezes its suppliers because its responsibility is not to provide cheap tests for patients, but to provide return to its shareholders. For this US manufacturer, about 40% of volume goes to the US. It has a leading market share in the US, but is more pressured in the EU and China thanks to less strict regulatory oversight. It has to pay the tariffs. It could pass all of that onto the providers in the US, or it can try and squeeze its suppliers some more, raise prices in non-US markets. Or it might say, Fk It, the cost of business in the US is already quite high, lets reduce our exposure there, and focus of expanding market share in those fast growing markets in APAC. Revenue is revenue. With less competition in the US, prices rise, but also device/medicine efficacy falls; manufacturers have no incentive to improve things.

 

Its US companies that have largely created the global ecosystem of trade that Trumpf rails against ("the globalists"). US sales are very important to them, or course but so are non-US sales. That proportion varies by industry. In the traditional industries, lke cars, American car makers still sell most cars to Americans, and that will always be like that. Its in the Tech industries where its very different, the same tech industry that Trumpf is pinning his hopes on with the US re-industrialization strategy. Its going to work for traditional industry. One outcome is your frying pans (skillets) will no longer be mostly Chinese, but American. They'll be more expensive, but American. But guess what, people don't use skillets so much any more. Its all about air fryers now. Tech firms have the largest proportion of revenue from outside of the US. Now Trump wants then to reshore their operations, making them less compeititive in the markets they have always existed in. He'd have to devalue the US Dollar to do that. Oh wait, he doesn't want to do that, because the USD is strong.

 

 

[MicroB]

  On 2/2/2025 at 12:00 PM, uncletiger said:

People saying this is "insane" for America don't understand what is at stake.

 

Every country that is currently controlled by a WEF/globalist criminal syndicate puppet government is going to be challenged in the same way. Canada is merely the first. America will take a hit, but Canada is going to be devastated over this. This will kill approximately half of their international trade and double their unemployment figures. America will suffer higher prices. Canada will suffer economic Armageddon.

 

All that is required to fix this is to eject the globalists from power, and put in a government that the USA can negotiate with to stop the terrorists and insurgents that are flowing across the Canadian border into America. Canada has hundreds of thousands of immigrants on international student visas that are not actually attending school. And some fraction of those are actual terrorists who have used Canada's lax immigration policies as a gateway to America.

 

The northern border of the USA is actually a bigger threat to America right now than the southern border.  If you want the tariffs to end, then Trudeau and the Liberal puppet government of the globalist criminal syndicate has to go. That is what this is all about. The American people are ready to accept the challenges that go along with this war, because the USA can no longer tolerate how the Canadian government is abusing the long standing friendship.

 

Are the Canadians really going to accept this? Or are they going to fix their immigration policies and install a government that is ready to stand against the WEF? I guess we'll find out.

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So what religion do these WEF bankers/globalists follow? We had the same arguments from your lot 90 years ago. You change the words, but we know what you mean.

 

Canada has no control on the people US Immigration authoraties allow to enter. You actually mean Emigration policies. America is much the same. When you enter the US, a passport officer scrutinises your paperwork, lets you in or not. When you leave, there is no contact with a passport officer. They check you have left, but the US doesn't care where it exports terrorists to.

 

One examples of a terrorist the US let leave its country is John Crawley, a former US Marine who joined the sectarian terrorist group the IRA to murder soldiers and civilians.  He got q0 years for being a terrorist. He now lives in the US profiting from his time as a terrorist by pulblishing books and charging at speaking engagements. He celebrates being a terrorist, rather than being contrite. Another, Californian, William Quinn, known in the IRA as Joe the Yankee, was part of the Balcombe Street Gang, a murderous group of cut throats who carried out at least 10 mass murder attacks in  England. He got life for murdering an unarmed off-duty policeman who was bravely trying to arrest him. I could also add the well known examples of US politicians, of both parties, who have hosted in their homes and official offices terrorists.

 

You want an example of an illegal immigrant from Canada? Elon Musk. He came in on a non-immigrant F-visa, as a student. He transferred his visa to Stanford. Didn't study a single dayn there, instead, used corrupt officials to fix it for him. Not Canada's fault they let in the Grandson of a US-born Social-Credit-Technocracy Nazi from Apartheid Sud Afrika.

 

You are an Apologist. You are literally spouting that you want the US to overthrow the governments of the collective democratic west. No wonder we all think you elected a Russian stooge.

 

Where does it end if we refuse to comply. You will nuke Canada, Australia, New Zealand and Europe?

 

 

[uncletiger]

  On 2/2/2025 at 12:24 PM, MicroB said:

 

So what religion do these WEF bankers/globalists follow?

 

 

Expand  

 

Satanism.

[uncletiger]

  On 2/2/2025 at 12:24 PM, MicroB said:

 

 

Where does it end if we refuse to comply. You will nuke Canada, Australia, New Zealand and Europe?

 

 

Expand  

 

It is a war, so that outcome is definitely possible. But it won't come to that, because long before it reaches that stage, the truth will be revealed and all humanity will join in fighting the globalists.  But as your responses show, we have a bit of time left in this narrative before that outcome is made obvious.

 

In the mean time, just know America is resolute in removing the globalist criminal syndicate from power.

[gamb00ler]

  On 2/2/2025 at 7:10 AM, Yellowtail said:

So, Trudeau knows how much fentanyl Canada is sending to the US? 

 

Why does he not stop it? 

Expand  

Unlike you, it appears Trudeau read and comprehended the NYT article.

 

"Congress in 2020 established a commission to look into ways to reduce the flow of the drugs into the country. The commission found that “Canada is not known to be a major source of fentanyl, other synthetic opioids or precursor chemicals to the United States, a conclusion primarily drawn from seizure data,” according to its February 2022 report"

[Yellowtail]

  On 2/2/2025 at 1:36 PM, gamb00ler said:

Unlike you, it appears Trudeau read and comprehended the NYT article.

 

"Congress in 2020 established a commission to look into ways to reduce the flow of the drugs into the country. The commission found that “Canada is not known to be a major source of fentanyl, other synthetic opioids or precursor chemicals to the United States, a conclusion primarily drawn from seizure data,” according to its February 2022 report"

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Oh, so he read the times, that clearly makes him an expert. 

 

If drugs are coming in illegally, how does anyone know how much it is? 

[spidermike007]

So many of these products that Trump is attempting to level tariffs in, are made by American companies overseas, so who suffers in all of this and who benefits? 

 

As is typical of Trump this is just another plan that was very poorly thought out and the implementation seems to be just as poor. 

 

Canada will suffer but China is infinitely less dependent on the US than they were 10 years ago. 

[spidermike007]

  On 2/2/2025 at 10:32 AM, NoDisplayName said:

 

Serves the Chinese right for building infrastructure and signing trade deals and paying leases for facilities!

 

Don't they understand the rules-based international order?

Just regime-change those brown folks!

Send a little kinetic love their way until they submit.

 

Winning®!

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I like the idea of punishing the Chinese government just as much as the next guy but I don't like the idea of punishing American consumers in the process, and devastating the US economy, which is exactly what big boy is doing. 

 

The problem is he's just simply not smart enough to understand that, and he's appointed bottom of the barrel, garbage advisors, so nobody in the room is bright enough to figure any of this stuff out. 

[Yellowtail]

  On 2/3/2025 at 3:00 AM, spidermike007 said:

I like the idea of punishing the Chinese government just as much as the next guy but I don't like the idea of punishing American consumers in the process, and devastating the US economy, which is exactly what big boy is doing. 

 

The problem is he's just simply not smart enough to understand that, and he's appointed bottom of the barrel, garbage advisors, so nobody in the room is bright enough to figure any of this stuff out. 

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As opposed to the brilliant Harris and Walz whom you voted for.

[spidermike007]

  On 2/3/2025 at 3:02 AM, Yellowtail said:

As opposed to the brilliant Harris and Walz whom you voted for.

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I would have voted for Miley Cyrus or Pauly Shore over Trump, anyone but Trump. 

 

My lifetime of dislike of a criminal scam artist seems to offend you. You just can't help it you're absolutely compelled to reply every time I say something negative about him. I think you have Democrat derangement syndrome. 

[Yellowtail]

  On 2/3/2025 at 3:05 AM, spidermike007 said:

I would have voted for Miley Cyrus or Pauly Shore over Trump, anyone but Trump. 

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Exactly

  On 2/3/2025 at 3:05 AM, spidermike007 said:

 

My lifetime of dislike of a criminal scam artist seems to offend you. You just can't help it you're absolutely compelled to reply every time I say something negative about him. I think you have Democrat derangement syndrome. 

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My lifetime of dislike of the left seems to offend you. You just can't help it you're absolutely compelled to reply every time I say something negative about the left. I think you have Republican derangement syndrome. 

[hotsun]

Only thing left for trump is to put tariffs on thailand, make the posters here a little less smug

[impulse]

I'm amused to see the same people bashing Americans forever for our consumerism and being addicted to cheap imported goods are now so concerned that the price of cheap imported crap may go up.