More TARIFFS

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movielover
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In reply to DiabloWags • 8:56p, 10/28/25
Canada is in bad shape and they can't force / embarass President Trump to make a bad deal. USMCA ended NAFTA, and now POTUS is ending USMCA in favor of bilaterals. Canada played games, so POTUS added an additional 10% to tariffs. USMCA also only covers 60% of trade between the two, something POTUS doesn't prefer. He wants the whole banana settled, but USMCA has to end first.

Canada's days as an assembler of Chinese-built components intended to skirt US tariffs has likely ended. President Trump currently signing deals in Asia / ASEAN network, reducing China's influence, before meeting Xi. I've read we're also sourcing [not rare] rare earth materials from Australia and elsewhere. It appears well coordinated.

To wit, U.S. Ambassador to Canada just Informrd Govt and business keaders no current trade deals ate possible. Hoekstra has previously expressed his distaste for what he's called "anti-American" sentiment in Canada.

Some claim China / CCP are recognizing President Trump's trade success and his evolving gameplan.


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concordtom
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10:07p, 10/28/25
5 republicans join Dems in rejecting Trump tariffs.
The concept that Trump can declare an emergency and take over tariff policy, which is reserved for the legislative branch



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chazzed
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9:46a, 10/31/25
"The Art of the Deal"

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bearister
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In reply to chazzed • 10:14a, 10/31/25
The Art of the Spin:

"Numerous sources, including fact-checkers and news organizations, have extensively documented that Donald Trump has a history of consistently overselling and exaggerating the success of his business and political deals.

Business Claims vs. Reality: Analysis of his business career often shows a significant gap between his claims of success and the financial reality. For example, some of his casino businesses in Atlantic City went bankrupt, despite his assertions of making great deals. Reports on his tax returns from the 1980s and 1990s revealed billions in losses, while he was publicly portraying himself as a successful billionaire.

Political Deal Claims:During his presidency, independent fact-checkers routinely highlighted exaggerated claims about the success of his trade agreements, job creation, and investment announcements. The figures he cited often did not align with official data or included vague pledges that never fully materialized."
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dajo9
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In reply to chazzed • 11:55a, 10/31/25
chazzed said:
"The Art of the Deal"


This is an incorrect characterization of Trump's trade deal. He negotiated that China would buy FEWER soybeans than were previously being bought and get the fancy AI chips. Trump got worked over by China. America is now more poor and less secure.
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cal83dls79
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In reply to dajo9 • 12:26p, 10/31/25
dajo9 said:
chazzed said:
"The Art of the Deal"


This is an incorrect characterization of Trump's trade deal. He negotiated that China would buy FEWER soybeans than were previously being bought and get the fancy AI chips. Trump got worked over by China. America is now more poor and less secure.
coincidentally another great win for the AI-heavy retirement portfolio . More sacrifices, more wins! Happy Halloween!
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dajo9
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In reply to cal83dls79 • 12:33p, 10/31/25
cal83dls79 said:
dajo9 said:
chazzed said:
"The Art of the Deal"


This is an incorrect characterization of Trump's trade deal. He negotiated that China would buy FEWER soybeans than were previously being bought and get the fancy AI chips. Trump got worked over by China. America is now more poor and less secure.
coincidentally another great win for the AI-heavy retirement portfolio . More sacrifices, more wins! Happy Halloween!


So much champagne, so little time
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DiabloWags
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In reply to dajo9 • 3:41p, 11/1/25
dajo9 said:
cal83dls79 said:
coincidentally another great win for the AI-heavy retirement portfolio . More sacrifices, more wins! Happy Halloween!


So much champagne, so little time


CHEERS!
PORTFOLIO IS +15.44% ON THE MONTH.






"Cults don't end well. They really don't."
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DiabloWags
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3:55p, 11/1/25
"Cults don't end well. They really don't."
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DiabloWags
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6:36p, 11/4/25
Due to all of the loopholes and exemptions, the effective tariff rate is more like 12.5% instead of the headline numbers which average over 17%.

Tariff revenue is on teack for $400 billion on the year. Less than Scott Bessent's prediction in August of $500 billion to $1 trillion.
"Cults don't end well. They really don't."
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bearister
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In reply to DiabloWags • 8:38p, 11/4/25
Do you think strict accounting principles are being used keeping track of that money or do you think……

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DiabloWags
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3:38p, 11/5/25
Three of the six members of the US Supreme Court's GOP-appointed supermajority expressed skepticism at arguments by Donald Trump's lawyers in support of a key weapon in his global trade war. They joined Democratic-appointed justices in assailing Trump's use of a law that on its face doesn't seem to allow for many of the tariffs he's imposed.

The supermajority, which includes three Trump picks, has spent much of the year putting its imprimatur on most of the president's efforts to centralize power in the Oval Office. In many of those White House victories, they deferred (albeit provisionally) to Trump on matters that have historically and constitutionally been considered the purview of Congress.

[url=https://links.message.bloomberg.com/s/c/WDKyb9khKWgNoZG3pwVHcYNvdFSHBuzeO4h9Fz0XVgTsgKaA_w58aYUqT9lgeSjo1RPqZB23sDiDXHaS7CqOlz1-o9gMMXMKbJPzhW27Vpbgk4MDOOm7D5CjwhwRMXAvD6ScEyjbPXOsRlicm43NzglhlmKWDXKMO_xWR1fK03zX9Z04v-901sDxEGPe9gf7NFZeadjlC_4VsuY0iGg5t5M4xjXoVH42Us9d56Z3Tb5ud3Ttevo8ubgXWEO2UFPXkucuV_HnWw9bnR7Ut_h9btfFOqpPE8J6YFtgcV4MXj8zsf-DFji5qEpBs2xTNPuWm6qo3cZbgWZHgwZigziyKWLLd-93kamvV-dWiaMPErQGngsYUcg3pSB0UQ/zjdwvqhruUzP6xSRJjW7lY2_g3slq3AA/14][/url]

It's a trend that made today's turnabout by Chief Justice John Roberts, a key force behind decisions buttressing the "unitary executive" theory favored by Trump's adjutants, all the more striking. The tariffs issued under an emergency-powers law, Roberts told the lawyers, were an "imposition of taxes on Americans and that has always been the core power of Congress."

The Supreme Court's favorability ratings are at a three decade low, as a significant number of Americans contend politics and not the law are guiding its rulings. Though today's oral arguments don't bode well for Trump this time, and could lead to the unwinding of billions of dollars in levies, the administration and legal experts have noted that a defeat will not be seismic, inasmuch as Trump can simply use other, more complicated legal tools to keep the trade war going. David E. Rovella
"Cults don't end well. They really don't."
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Anarchistbear
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3:41p, 11/5/25
The best outcome would be the Court disallows tariffs and Trump fires everyone on the Court
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bearister
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4:10p, 11/5/25
If the SCOTUS dumps Trump's tariffs, Trump may tell them to F Off.

Can the Courts Force Trump to Comply? - The Atlantic https://www.theatlantic.com/ideas/archive/2025/04/courts-force-trump-comply/682545/
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bearister
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In reply to Anarchistbear • 5:42p, 11/5/25
Anarchistbear said:
The best outcome would be the Court disallows tariffs and Trump fires everyone on the Court

Trump would have an easier time extracting his arm from the jaws of a Great White than separating Thomas and Alito from their "perks."
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Anarchistbear
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7:32p, 11/5/25
F$ck them, send them packing
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concordtom
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In reply to Anarchistbear • 3:36p, 11/7/25
Anarchistbear said:
The best outcome would be the Court disallows tariffs and Trump fires everyone on the Court


Are you the drunk guy in the corner of the bar knowing on snacks, throwing the nut shells on the floor, and hollering out a bunch of ridiculous stuff? Just because it's entertaining to imagine it?

Hey, then pass me a bucket!




Because I say that the best outcome would be the Court disallows tariffs



and Fox News goes on a tirade of "How dare they!",



which prompts a bunch of MAGA people to ransack #1 First Street NE following a Trump organized rally,



which leads to Congress impeaching Trump, and the new President's Justice Department prosecuting him in a Speedy Trial, sentencing him to 20 years



in the same cell that Jeffrey Epstein died in. Of course, he'll die in that cell, too.




THAT would be the best outcome imaginable! Now, pass me some peanuts!


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concordtom
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3:59p, 11/7/25
Further, if SCOTUS cancels the Tariffs, trump will have to return all the money.

To nobody's surprise, a Treasury official is saying that that would throw the economy into hard times.

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Eastern Oregon Bear
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In reply to concordtom • 4:20p, 11/7/25
concordtom said:
Further, if SCOTUS cancels the Tariffs, trump will have to return all the money.

To nobody's surprise, a Treasury official is saying that that would throw the economy into hard times.

FAFO.
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bearister
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In reply to concordtom • 4:32p, 11/7/25
concordtom said:
Further, if SCOTUS cancels the Tariffs, trump will have to return all the money.

To nobody's surprise, a Treasury official is saying that that would throw the economy into hard times.


A lot of people have been saying that too many people got their beaks wet in that money to ever return it.

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Anarchistbear
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5:40p, 11/7/25
I can't see Congress giving this money back. They'll probably pass tariff legislation
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concordtom
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In reply to Anarchistbear • 6:22a, 11/9/25
Anarchistbear said:
I can't see Congress giving this money back. They'll probably pass tariff legislation


So, I thought I'd ask:

Quote:
Trump's tariffs have generated over $195 billion in revenue for fiscal year 2025 alone, with projections estimating up to $3 trillion over the next decade.

Monthly Growth: Revenue rose from $7 billion in January to $31.4 B in August and September close behind at $29.7B, - $151 billion collected in just the second half of the year


Tariff legislation would require the 60 votes in the Senate. Dems won't give him a win.

And just think about Wall Street - all that money coming back to companies profits.

But what about customers who paid it?
This could get interesting. Maybe a website could be setup to reclaim your overpayment, at Trump-Illegally-Taxed-Me.com

All who seek recompense need log in and go through a huge hassle there!
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cal83dls79
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In reply to concordtom • 6:28a, 11/9/25
This would be cool. I can always use more cash especially when I'm paying myself or better yet when someone else pays. Who doesn't miss those pandemic checks?
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