ATL Bear said:
whiterock said:
RD2WINAGNBEAR86 said:
Married A Horn said:
RD2WINAGNBEAR86 said:
Assassin said:
RD2WINAGNBEAR86 said:
KaiBear said:
RD2WINAGNBEAR86 said:
KaiBear said:
boognish_bear said:
To arbitrarily cut of all electricity to our states would obviously violate various contracts.
Would be an act of war.
In case of such draconian actions I would not fault Trump if he decides to commit paratroopers and take over those facilities in Ontario.
I half expect this to happen.
You are okay with going to war with Canada? That will make Trump no better than Putin. Trump's quest for new territory (Greenland, Canada, etc.) is quite troubling.
If Ontario willfully fails to provide electricity to the populations of three of our states despite viable contracts………that is in reality an act of war.
Hell yes I am ok with defending our citizens.
Warren Buffett considers tariffs an act of war. I agree with him.
If there are valid contracts in place at a set price for x amount of megawatts for months/ years, it seems to me that Donald Trump and the United States have violated the contract(s) by just Willy Nilly jacking up tariffs.
Trump's treatment of Mexico and Canada is atrocious. Neither are our enemy. Trump is certainly not treating them like allies. Would sure hate to see both countries cozy up to China/ Russia/ N. Korea because of Trump's arrogance. The world is a dangerous place. Trump should try just a little bit of diplomacy here. We need more allies, - not fewer.
You dont get what Trump is doing. He is bringing everything back to the USA. He wants us to be as self sufficient as possible, moving as far away from the globalist experiment of George Soros as quickly as possible. Look back at every single thing that he has done.
The scariest part about all of this is that Trump does not realize who actually pays the tariffs. Or he doesn't want to acknowledge it.
The tariffs are paid by the importer of record, which is mostly American companies and Americans. This is why higher inflation will be a highly probable outcome.
Do you consider the astronomical tarriffs on our ag products that Canada has as an act of war
You should be more concerned about the 60 percent + of produce we import from Mexico. Retailers have already told Trump prices are going up. Trump's response? He does not care. Get ready for Covid era pricing at the grocery store. Let them eat cake (very expensive cake). Unforced error by Trump.
Trump can't blame this fiasco on anybody but himself. It is funny to watch Trump's cheerleaders proclaim that no recession is coming. Kind of gives me flashbacks of Janet Yellin's "Inflation is transitory" stance. I am very disappointed in Larry Kudlow. He should know better.
he doesn't care because he doesn't need to.
When you are running a trade deficit, you are in the drivers seat in a trade war. The other guy has his entire market at risk. Canada gets hurt worse in a trade war because they are running a trade surplus with us. That's a law of gravity working against Canada, and they will cave first (because they have no choice but to do so).
it's no accident Trump is calling Canada the 51st state. The Canadian & Mexican economies are so tied to the US economy that they are, in macroeconomic terms, the 51st and 52nd state. They cannot just pivot & sell elsewhere in enough time to avoid economic calamity. Here's the key facts:
Trade is 67% of Canadian GDP (3/4ths of it with USA) = trade with USA is HALF of the Canadian economy.
Trade is 74% of Mexican GDP (2/3rd of it with USA) = trade with USA is HALF of the Mexican economy
Trade is 15% of United States GDP (don't need to go any further than that.)
Canada and Mexico are in a gunfight armed with a plastic knife.
The outcome is foreordained.


Intentionally depressing the global economy via tariffs impacts everyone. There are things he has placed tariffs on that we don't grow anywhere in the U.S. or manufacture anywhere, but are part of supply chains of U.S. companies production of higher value outputs. This is insanity and unnecessary.
You know damn well we aren't even remotely prepared to take on the production of things like lower grade steel and mining because we decided regulatory, labor, and environmental concerns are the priority.
it is amazing to see so many reflexive fallacious arguments.
Threats of tariffs are not permanent tariffs.
Emplacing targeted tariffs to force concessions is not permanent tariffs.
Why is it ok for our trading partners to tariff us, and only a problem when we announce reciprocal tariffs?
How do we re-incentivize production of steel in the US if we don't do anything at all?
Did you not hear all the things Zeldin announced yesterday on regulatory changes?
Have you been asleep on Drill Baby Drill (as a way of lowering energy costs, which will help manufacturers).
I could go on with that for a while.......
What you're saying is, change is painful so we should just hunker down and manage the decline.