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Tarriff Time.

#1

Ok here we go. The many other countries in this world has been at "economic war" with the US for many years. Our leaders in order to enrich themselves have been looking the other way.  After all if you are at war with someone it is nice if they do not know it.  Trump is not looking the other way. The other countries threatened, projected economic chaos in the US,  pain, stamped their little feet etc. Trump just called their bluff. 

Interesting times we are living in.
A new broom always sweeps clean.
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#2

Most of these tariffs will be challenged in court and many will be put on temporary hold by judges.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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#3

(03-04-2025, 10:33 AM)mikesez Wrote: Most of these tariffs will be challenged in court and many will be put on temporary hold by judges.

Guess we will see. End of the day the judicial branch has already been told not to do that anymore by the Supreme Court recently as it is out of their jurisdiction. Never know.
A new broom always sweeps clean.
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#4

Thank God I divested in the market and went 50% cash last week. Still taking a mild beating but could be a lot worse.
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#5

(03-04-2025, 12:35 PM)HURRICANE!!! Wrote: Thank God I divested in the market and went 50% cash last week.  Still taking a mild beating but could be a lot worse.

Good move. picked a couple shares at a discount myself
A new broom always sweeps clean.
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#6

Laughing Laughing Laughing

Quote:Trump may roll back tariffs as soon as tomorrow - Lutnick.BREAKING Commerce Secretary Howard Lutnick says President Trump may roll back tariffs on Mexico and Canada as soon as tomorrow.


https://x.com/yashar/status/189703920948...1_&ref_url=

Epic levels of stupidity mixed with incompetence.

Canada and Mexico should leave their retaliatory tariffs in place, because he'll just change his mind next week.
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#7

Canada and Mexico have large issues.

First drugs and illegals. The cartels recently began advertising a new route to the US through Canada. lol
Second China dumping products in both countries then passing them through to avoid tariffs and take advantage of the USMC trade agreement.
Third Canada itself has a 2x to 3x higher tariffs on US products than we have on theirs. Also they just ban the import of other products.
Our banks and financial institutions are not allowed to do business in Canada where theirs can in the US. TD bank in Canada was caught laundering fentanyl money
A new broom always sweeps clean.
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#8

(03-04-2025, 07:56 PM)Jag149 Wrote: Canada and Mexico have large issues.

First drugs and illegals. The cartels recently began advertising a new route to the US through Canada. lol
Second China dumping products in both countries then passing them through to avoid tariffs and take advantage of the USMC trade agreement.
Third Canada itself has a 2x to 3x higher tariffs on US products than we have on theirs. Also they just ban the import of other products.
Our banks and financial institutions are not allowed to do business in Canada where theirs can in the US. TD bank in Canada was caught laundering fentanyl money

Do you not know Canada and the US have a free trade agreement.

Which eliminated the vast majority of tariffs between the two countries
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#9

(03-04-2025, 10:52 PM)TDOSS Wrote:
(03-04-2025, 07:56 PM)Jag149 Wrote: Canada and Mexico have large issues.

First drugs and illegals. The cartels recently began advertising a new route to the US through Canada. lol
Second China dumping products in both countries then passing them through to avoid tariffs and take advantage of the USMC trade agreement.
Third Canada itself has a 2x to 3x higher tariffs on US products than we have on theirs. Also they just ban the import of other products.
Our banks and financial institutions are not allowed to do business in Canada where theirs can in the US. TD bank in Canada was caught laundering fentanyl money

Do you not know Canada and the US have a free trade agreement.

Which eliminated the vast majority of tariffs between the two countries

Actually yes, that is true. Biden just did not enforce it. It is now being enforced.
A new broom always sweeps clean.
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#10

(03-04-2025, 11:15 PM)Jag149 Wrote:
(03-04-2025, 10:52 PM)TDOSS Wrote: Do you not know Canada and the US have a free trade agreement.

Which eliminated the vast majority of tariffs between the two countries

Actually yes, that is true. Biden just did not enforce it. It is now being enforced.

Huh?
Free trade agreements are for eliminating tariffs, not implementing them.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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#11

(03-05-2025, 08:44 AM)mikesez Wrote:
(03-04-2025, 11:15 PM)Jag149 Wrote: Actually yes, that is true. Biden just did not enforce it. It is now being enforced.

Huh?
Free trade agreements are for eliminating tariffs, not implementing them.
Eonomics 101.

But MAGA gone MAGA!
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#12

(03-05-2025, 08:44 AM)mikesez Wrote:
(03-04-2025, 11:15 PM)Jag149 Wrote: Actually yes, that is true. Biden just did not enforce it. It is now being enforced.

Huh?
Free trade agreements are for eliminating tariffs, not implementing them.

See if you can understand this:

There was supposed to be free trade.

One country placed tariffs on the other country.

After decades the second country said "[BLEEP] this" and placed their own tarrifs.

Morons got mad at the second country, effectively blaming the victim for not accepting being victimized any longer.

Doofunism 101.
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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#13

(03-05-2025, 08:55 AM)flsprtsgod Wrote:
(03-05-2025, 08:44 AM)mikesez Wrote: Huh?
Free trade agreements are for eliminating tariffs, not implementing them.

See if you can understand this:

There was supposed to be free trade.

One country placed tariffs on the other country.

After decades the second country said "[BLEEP] this" and placed their own tarrifs.

Morons got mad at the second country, effectively blaming the victim for not accepting being victimized any longer.

Doofunism 101.

That is pretty much what is happening. You left out the part where one country is selling access to the agreement to other countries by trans shipping through their country..
A new broom always sweeps clean.
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#14

(03-05-2025, 08:55 AM)flsprtsgod Wrote:
(03-05-2025, 08:44 AM)mikesez Wrote: Huh?
Free trade agreements are for eliminating tariffs, not implementing them.

See if you can understand this:

There was supposed to be free trade.

One country placed tariffs on the other country.

After decades the second country said "[BLEEP] this" and placed their own tarrifs.

Morons got mad at the second country, effectively blaming the victim for not accepting being victimized any longer.

Doofunism 101.

Citation needed.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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#15

(03-05-2025, 01:57 PM)mikesez Wrote:
(03-05-2025, 08:55 AM)flsprtsgod Wrote: See if you can understand this:

There was supposed to be free trade.

One country placed tariffs on the other country.

After decades the second country said "[BLEEP] this" and placed their own tarrifs.

Morons got mad at the second country, effectively blaming the victim for not accepting being victimized any longer.

Doofunism 101.

Citation needed.

google is your friend
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#16

(03-05-2025, 12:21 PM)Jag149 Wrote:
(03-05-2025, 08:55 AM)flsprtsgod Wrote: See if you can understand this:

There was supposed to be free trade.

One country placed tariffs on the other country.

After decades the second country said "[BLEEP] this" and placed their own tarrifs.

Morons got mad at the second country, effectively blaming the victim for not accepting being victimized any longer.

Doofunism 101.

That is pretty much what is happening. You left out the part where one country is selling access to the agreement to other countries by trans shipping through their country..

Oh. Well if trans are involved, then it’s okay. 

— The American left
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#17
(This post was last modified: 03-05-2025, 04:08 PM by Jag149. Edited 1 time in total.)

(03-05-2025, 02:34 PM)homebiscuit Wrote:
(03-05-2025, 12:21 PM)Jag149 Wrote: That is pretty much what is happening. You left out the part where one country is selling access to the agreement to other countries by trans shipping through their country..

Oh. Well if trans are involved, then it’s okay. 

— The American left

US Automakers get a one month exemption from Mexico-Canada tariffs. GM, Ford and Stellantis. Although I am not wild about Stellantis as it is actually Agnelli family's holding company.  (they are Italian/Fiat)  The work done in Ontario (sub assemblies) and Mexico is being powered up in at a drastic pace in the US.
A new broom always sweeps clean.
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#18

(03-05-2025, 01:57 PM)mikesez Wrote:
(03-05-2025, 08:55 AM)flsprtsgod Wrote: See if you can understand this:

There was supposed to be free trade.

One country placed tariffs on the other country.

After decades the second country said "[BLEEP] this" and placed their own tarrifs.

Morons got mad at the second country, effectively blaming the victim for not accepting being victimized any longer.

Doofunism 101.


Citation needed.

You can find the entire list of almost 6,000 Canadian tariffs on US imports at the World Integrated Trade Solution website.
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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#19

Tariffs could drive up new home prices by as much as $22,000, research finds

https://www.cnbc.com/2025/03/05/how-tari...rices.html

The hits just keep coming. How 'bout that econo-me, righties?!
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#20

(03-05-2025, 04:26 PM)TDOSS Wrote: Tariffs could drive up new home prices by as much as $22,000, research finds

https://www.cnbc.com/2025/03/05/how-tari...rices.html

The hits just keep coming. How 'bout that econo-me, righties?!

BLAH,BLAH, Blah that all ya got?
A new broom always sweeps clean.
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