UPDATE: Trump changes course, delays some tariffs on Mexico, Canada

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12 thoughts on “UPDATE: Trump changes course, delays some tariffs on Mexico, Canada

  1. Another well thought out tariff. Oops! Guess not. What is with this guy? Then he announces his moratorium on his Not-So-Truthful social media app? This isn’t leadership, this is whack-a-mole government. Make America Gag Again.

    1. If only we had some clue that he was not fit to be a leader.

      If only we could look at his previous experience in office to see what a second term would’ve been like.

      If only the consensus opinion of everybody who worked for him during his first term wasn’t that he was manifestly unfit for the job.

      If only. Someone explain how this is the fault of the Democrats again? How their candidates are so awful that this was the better alternative?

  2. The hunt for fentanyl is just another Trump red herring.

    For one, fentanyl only became a problem in the first place because millions of people got addicted to prescription opiates and then weren’t properly tapered off, given maintenance doses, nor given any meaningful intervention to address addiction from its bio/psycho/social cause. The black market simply filled the void. Good luck stopping the black market before stopping the demand for products offered by the market.

    Secondly, fentanyl is tiny and easily concealed. It’s nothing like large bricks of cocaine or other drugs. Good luck stopping it from coming into the country. Enact tariffs, travel restrictions, or whatever you want – just know that any measure short of putting an impenetrable bubble over the country à la The Simpsons Movie is doomed. If a magical bubble was put in place, the problem would be replaced by underground chemists making designer opiates until the root of the problem is fixed.

    1. Americans demand for illicit drugs fuels that entire industry. We have a substance abuse problem in this country that needs to be addressed.

  3. Opinion headline in today’s Star from Prof. Hicks: Trump is driving us into recession. It might have already started.

    Quote: The problem isn’t that Trump administration policies have already hit the economy. The problem is that unhinged wackiness is the Trump governing strategy. That realization has exploded economic uncertainty. The best measure shows economic uncertainty at its highest point in history — worse than the week of 9/11, the Great Recession or COVID-19.

    1. An interesting theory, Joe, except that Trump is not intelligent enough to do anything with much actual intention.

    2. Joe, that thought struck me as well. He’s just stupid enough to throw everything into the grinder to get a “win” on interest rates. Because “winning” is all that matters to this administration.

    3. Or it’s an intentional play to manipulate the markets and allow Trump’s cronies to buy then sell at the appropriate times.

  4. Let me suggest reading Damon Linker’s “Notes from the Middleground” Substack (which is always a good read, regardless) from this morning.

    Key excerpt:

    “Take Trump’s approach to tariffs.

    Through the gyrations of this past week, with 25 percent tariffs that were halted at the last minute in February finally imposed on Mexico and Canada and then dropped for a “one month reprieve,” analysts have struggled to make sense of what could possibly justify such destructive and impulsive actions against two of our country’s closest trading partners. I think the most reasonable explanation is to assume that the entire point is to establish a system whereby it is taken as normal that Trump personally decides, for whatever reason he wishes, whether tariffs will be imposed on other nations, which ones, how high the tariffs will be, and when the tariff rates will be raised or lowered.

    If critics point out that Canada and Mexico have done nothing to warrant the imposition of these punishing penalties, this will be irrelevant. Trump will simply lie about his reasons, accusing these rival nations of some imaginary transgression, which many Republican voters will believe is true. Along the way, as Trump lowers and raises these penalties at will, domestic companies will seek exemptions in return for favors (financial and otherwise), which Trump will gladly grant and accept. Meanwhile, senior members of his administration will be free to enrich themselves by shorting the stock market just before the announcement of an increase in tariffs (which often produces a drop in prices). If these trading partners retaliate in a way that harms the United States, Trump will use this retroactively to justify his protectionist moves. See? It’s us against them, as I always said.”

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