DougB
Senior Member
As per my previous comment, Trump is an asset to Congress until he isn't. Once his approval rating inevitably sinks, Congress will seek distance.
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The Great Canadian Tariff Thread
- Thread starter Roaring Flames
- Start date
Last night's speech felt like I was watching something from Germany in 1938. A bunch of butt kissers sucking up to der Fuhrer.
I hope you're right. After yesterday's market drop, it looks like some people around him must be trying to bring him back to his senses. One day after his big tough tariff talk, he's already looking at making some changes.
Mountain Man
Senior Member
Dipshit is doubling the tariff on aluminum and steel and will likely double the tariff on cars now too. Trump is going to bring down both ours and the US economy with his crazy nonsense!
He is for sure. I'm still trying to figure out if this is a cover for some sort of ulterior motive, or is it that he just isn't very smart?
There's evidence to support that he's not as smart as many think.
- For example his bankrupting of his companies 6 different times, including his casino business. The fact his dad had to bail ho out a couple times on top of that.
- his endorsement of using bleach to help fight covid, and all those other dub statements from him.
On the other hand, is it possible he's getting advice from some more savvy types who are planning something different?
- I've heard a theory that he's tanking the marking in order to force the feds to drop the interest rate.
- I've heard a theory that he's looked at Russia taking Ukraine and China taking Taiwan and has ideas about doing the same to Canada. It seems far fetched, but these days nothing seems out of the realm of possibilities. I mean if the tariff war gets bad enough to the point we shut oil off, we might invite a military invasion. With the are going he's getting Americans thinking Canada's the bad guy.
There are a bunch of other theories out there.
In the end, nobody really knows his motivations, and the 'yes' mean around him probably don't know either.
Anyone want to take a guess at what his motivations are? or is a case of him being plain stupid when it comes to economics?
There's evidence to support that he's not as smart as many think.
- For example his bankrupting of his companies 6 different times, including his casino business. The fact his dad had to bail ho out a couple times on top of that.
- his endorsement of using bleach to help fight covid, and all those other dub statements from him.
On the other hand, is it possible he's getting advice from some more savvy types who are planning something different?
- I've heard a theory that he's tanking the marking in order to force the feds to drop the interest rate.
- I've heard a theory that he's looked at Russia taking Ukraine and China taking Taiwan and has ideas about doing the same to Canada. It seems far fetched, but these days nothing seems out of the realm of possibilities. I mean if the tariff war gets bad enough to the point we shut oil off, we might invite a military invasion. With the are going he's getting Americans thinking Canada's the bad guy.
There are a bunch of other theories out there.
In the end, nobody really knows his motivations, and the 'yes' mean around him probably don't know either.
Anyone want to take a guess at what his motivations are? or is a case of him being plain stupid when it comes to economics?
Albertasaurus
Active Member
One interesting theory I heard, with regard to his playing footsie with Russia and mistreatment towards Zelenskyy, is that he is trying to build a strong enough relationship with Russia to pull it out of China's orbit and into the US's.
darwink
Senior Member
I think this is it.
Someone in their circles, must have ran a 2050 war game where america because it was split between interests in europe and asia, missed a fleet go through the northwest passage for a sneak attack, defeating america.
Hence securing Greenland, the Canal, and Canada. Worries about floatillas of Chinese ships off of Greenland.
In addition, Trump despite having a business degree, has internalized everything as real estate seller to purchaser, or supplier to client. One off interactions, zero sum games.
We're now into the danger phase. An 80% majority of people earlier said they were willing to endure any price to remain sovereign. We will see whether that is true.
Could be. He's definitely cozying up with Russia more than China. I think most people agree that the friendship between China and Russia isn't a real one, just a temporary one out of convenience.
darwink
Senior Member
The most convincing thing I've read is a review of strong men regimes over time and the concept of virile leaders, and the admiration between virile leaders for their virility. It is a common feature.
I think there is also a deeply personal thing at play.
There were two buildings in Canada with the Trump name, and now there are none.
Yep, nothing seems out of the realm of possibilities these days. It wouldn't be out of the realm to see a trade war escalate and the US simply invade and thus have access to the north. You'd think it would be easier to make some sort of deal with Canada to deal with the security of the northwest passage.
darwink
Senior Member
They seem to not realize we have near realtime surveillance on the entire arctic.
Mountain Man
Senior Member
Seems like something that could fall under an expanded NORAD, re brand and re tool it to include the arctic ocean.
CalgaryTiger
Senior Member
I'd say he was planning a massive tax cut and to then cover it with tariffs but in that scenario you don't do the tariffs first, you do the tax cut and the tariffs. Even Danielle knew you use a tax cut to disguise the worse thing that you're also doing.
I think it is about resources and resource control. Ukraine, Greenland, Canada (resources). Panama Canal, Northwest Passage (resource control). Minerals are this centuries oil.
It is why he's ignoring Mexico, they have nothing he wants. We are going to have to fight like hell to keep our resources.
I think it is about resources and resource control. Ukraine, Greenland, Canada (resources). Panama Canal, Northwest Passage (resource control). Minerals are this centuries oil.
It is why he's ignoring Mexico, they have nothing he wants. We are going to have to fight like hell to keep our resources.
trtcttc
Senior Member
The question is why? What does the US want to accomplish that will require Russia? Russia's primary value is its natural resources, which primarily supplies Europe, and would run counter to this admin's stated goals of increasing US resource production. It's like how they want to restart Keystone, while simultaneously wanting to tariff Canadian energy to increase domestic energy. Russia does have a security council vote, but so does China, and one veto is all it takes.
trtcttc
Senior Member
Also heard this tariff for tax cuts, but I'm curious how that works in reality. For goods that can be domestically substituted (i.e. US steel, US made cars, etc.) the tariffs won't really raise revenue, just the production will move to the US and prices will adjust accordingly. A good example is our supply management which is backed up by massive tariffs. We end up producing our own dairy, very little tariff being paid and consumers pay a higher than market price for dairy.
The second type of goods cannot be domestically substituted, like minerals, potash, semiconductors, etc. This will simply be a different, more regressive tax. Instead of taxing income, they'll tax consumption by way of higher prices. Since there are no domestic substitutes, consumers will bear most of the tariff costs. This will generate tariff revenue but offset by lower consumption.