"Gas prices could jump by 20 to 50 cents a gallon in the Great Lakes region because refineries there are most reliant on Canadian oil" Patrick De Haan, head of petroleum analysis at GasBuddy
His assumptions are a) these businesses will invest in the USA b) American companies will pick up the business. It's been his basic premis, for 10 years Make America Great Again. but economies are based on many moving parts, what could go wrong for the USA. Lots.
In the long run it will be good for both countries. Each has depended on the insatiable appetite of Americans while omitting their own defense against the inevitably of a Trump. Canada, in particular, should be angry at the sycophantic industry killers they have put in charge since 1955.
His antics are going to lead to much more than a trade war. Fareed Zakaria special about the America first movement and it’s history in this country clearly shows that in each instance a war has broken out as a result of America first ideologies. I encourage everyone to watch it.
@cnn.com once again bending over. Headlines making him seem like he will hurt their economies when they will absolutely hurt us just as badly in return. Idiotic coverage
And he does not give a shit. He thinks can do whatever he wants. He thinks he rules the world. Do not let him get away with it. He is nothing but a bully.
The mere fact that he (or any other president, for that matter) has this sort of unchecked power is testament to just how broken this country really is.
The executive order needs to become a relic of the past, as does the unlimited federal pardon power.
He’s single-handedly destroying this country and for what?? To prove that he’s a tough guy? Please…Dudes gonna leave office in 4 years and we’re gonna sit here picking up the pieces of whatever is left of this country. 🙄🤦🏽♂️
Take over canada greenland and control of panama canal. Remove the top governmental officials that will be in direct conflict with him. And next control the media make everyone think this is all for our good
Acosta being moved to midnight is total bullshit. Your only real newsman that has the balls to speak truth to power and you want to remove his balls. Trump is moving swiftly to complete the Putin plan isolate the country by contol of the canada and panama canal.
And America will get off Scot-free because the man child god king decrees it - or more likely he will screw over the very people who voted for him - well karma is a bitch enjoy it you self centred idiots.
Starting a war over false (batshit) economic theories against our peaceful neighbors and allies, so Trump can feel important. To distract us from diversion of taxpayer funds into the hands of the trumps and Elon.
Trump entered into a new trade agreement with Mexico and Canada during his last term. Not only will these broad tariffs go against his prior agreement (that’s valid till 2026), his tariffs are going to hurt a lot of people in all 3 countries. He is a piece of absolute filth.
This analysis highlights a critical point—tariffs could backfire and damage our own economy. A trade war might seem tempting, but given how intertwined our markets are, it could lead to far greater consequences than imagined. Let's hope cooler heads prevail.
He cannot damage Mexico and Canada without damaging the US. The US may not feel the pain to the same degree but there will be pain. Trump is all to willing to inflict pai on other countries and incur pain in the US as long as he does not suffer personally.
And with a single signature mexico and canada will match it....tell me...what kind of make up do ya'll use to cover the brown on ur noses from being so far up his ass
If everyone has to actually feel the burdens of what things will cost because of his and party’s actions, let it happen. Then maybe they will understand why none of ideas and policies will do any good except for the uber rich.
I do kind of agree, quit talking about it and just do it. Or walk it back somehow without admitting he was wrong. That should be easy for a putinesque autocrat.
He’s doing a ‘devastation tour’ this weekend in NC and Cali. Gonna be pricey to rebuild those 10’s of thousands of homes with a 25% spike in lumber and cement…
Provided Canadian reddit doesn't get its wish.... the talk over there is about totally stopping exports to the US, which sounds even more devastating to the Canadian economy, but LA will never recover at that point.
And here's CNN acting like this is business as usual and not some INSANE FUCKING POWER TRIP FROM A MAD MAN WITH A 3rd GRADE LEVEL OF ECONOMICS UNDERSTANDING.
Keep laying folks off, CNN. You're toast and you've earned it.
It’s time for the free world to pivot away from the USA when it comes to trade. Diversity is something Canada should have done after the last Trump administration. The world democratic society’s should trade among themselves leaving the USA out. The American people will vote him out in 4 years.
Enjoy your inflationary spike and the resultant jump in interest rates in 2025, America. Hope you don't mind paying 80c/gal more for your fuel, all due to tariffs that American companies actually pay.
Now CNN is hiding behind a paywall...so if you really want to be an informed American you can watch nonsense on cable or whatever the free TV options are if you have internet (news max, oann, maga) or read headlines or pay for news.
How can we function as a democracy without actual real info?
Comments
Eggs cheaper yet)
He lives on it.
Narcissists thrive on creating pain an confusion.
Will.
Repost everywhere stop CNN they are becoming state run media
They are detailing their plan to eliminate the dollar as the global currency. But I doubt many Americans have even heard of the it
Also, Spain is not in BRICS
I just hope that the world will come to bite him in his dirty diaper ass, eliminating his Wizard of Oz agendas.
The executive order needs to become a relic of the past, as does the unlimited federal pardon power.
https://en.wikipedia.org/wiki/Tariff?wprov=sfti1#
The tax placed imported goods then passed on
Some politicians use tariffs to:
- lower their tax burden as consumers pay the tax
- use as political weapon
Tariffs create trade wars thru protectionism
https://en.wikipedia.org/wiki/Protectionism?wprov=sfti1
His plan (if you can call it a plan) is to just spend to band aid anything.
When he sparked the trade war with China, the American taxpayer came to Iowa farmers aid when China retaliated with tariffs in soybeans
If everyone has to actually feel the burdens of what things will cost because of his and party’s actions, let it happen. Then maybe they will understand why none of ideas and policies will do any good except for the uber rich.
This isn't just a simple "trade war", the convicted felons constant threats to take Canada, makes him and the US government an enemy now.
https://www.youtube.com/watch?v=DvJi6MLWjjU
Keep laying folks off, CNN. You're toast and you've earned it.
How can we function as a democracy without actual real info?
At least 70 million Americans are not getting truthful news because of right wing money propping up lies and not worrying about profits.
Where is the left wing money for truthful information?
We need money for truth.
ICE raided a business in New Jersey and detained both citizens and non-citizens — without a warrant. They even detained a U.S. military veteran.
https://www.cbsnews.com/newyork/news/ice-raid-newark-new-jersey-business/