Trump Tariff Watch

Miran went in front of a room of serious investors trying to explain their economic “plans”.

The lying becomes so entrenched that they forget that when they are facing real professionals…they are going to get shredded if they don’t have factual answers.

See here:

A very interesting read about how the world could start diversifying away from US service exports.

Vote for the orange incompetent and his cronies…

Get chaos. Which surprises no one with a working brain.

Yes, that would be Trump 1.0 political savvy. Break stuff, distract, put them nearly back together again and claim all the credit for the good news.

I fear crucial to that savviness is being utterly unprincipled and easily swayed. I fear Trump 2.0 has found religion on tariffs so he is becoming ideological.

A break for car manufacturers from pending tariffs. US car manufacturers must have educated Trump on the integrated nature of the North American car industry.

https://www.cbc.ca/amp/1.7524359

1 Like

The Fed has a section on the latest average effective tariff rate estimates (AETR) vs 2024

We are operating under scenario 3, with scenario 4 being dependent on the response from the EU.

Can’t families just have 1 car instead of 2 or 3? If the kids can do without extra dolls, I’m sure families can do without extra cars./red font.

3 Likes

Maybe we’ll have just one meal instead of three, and it will cost a little more.

6 Likes

People need to lose weight anyway.

By the way,…YOU’RE WELCOME!!

2 Likes

I believe the ratio is 1:15 so that family will have to share the car with several other families.

1 Like

Can’t wait for the fireside chat where Trump says to sacrifice for the country.

3 Likes

What??

Americans place a high value on car ownership, a fact made evident by the latest car ownership statistics in the U.S. Between 2018 and 2022, personal and commercial vehicle registrations increased by 3.5%, indicating an upward trend in car ownership.[1] Most U.S. households (91.7%) had at least one vehicle in 2022 (the latest data available), and 22.1% of households had three or more vehicles.[2]

Finally, the US federal government encourages mass transit.

1 Like

Dear Leader says that perhaps, as a result of tariffs, girls will have to make do with 2 dolls instead of 30.

Extending that reasoning to cars…

Yeah, that was the reference, I just put in more realistic numbers for cars vs dolls. Though I have 3 daughters and pretty sure the total number of dolls we ever bought for all of them ever was less than 30. But that is one of the problems with having someone like Trump in charge. His experience is buying his daughters 20-30 dolls per year for Christmas and just assumes that is what everyone does.

We should be entering the “shelves are empty” phase soon.

Mostly in purveyors of low cost items-Dollar stores, Walmart, Target, etc. That will convert the abstractions posed by a bunch of wonks into a truly dark and bleak vision. Like the ones the USA used to use to degrade the Communists way back when. Empty shelves.

Stay tuned and grab your popcorn.

Eating-Popcorn-Soda.gif | GMC AT4 Forum

Canada acting as a warehouse for Chinese goods destined for the USA.

Is someone gonna start smuggling them in to the USA?

Asking for a friend.

That’s how the Bronfmans started out so Canadians have some experience in that regard.