Well, this is going to get spicy. Trump is fighting back against our export tax on electricity: https://www.ctvnews.ca/toronto/poli...-in-retaliation-for-ontario-energy-surcharge/ Says he'll double the tariffs on a bunch of stuff. So the US industries can expect to pay even MORE tax on our shit.
His Truth Social post: “Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD. This will go into effect TOMORROW MORNING, March 12th. Also, Canada must immediately drop their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products, which has long been considered outrageous. I will shortly be declaring a National Emergency on Electricity within the threatened area. This will allow the U.S to quickly do what has to be done to alleviate this abusive threat from Canada. If other egregious, long time Tariffs are not likewise dropped by Canada, I will substantially increase, on April 2nd, the Tariffs on Cars coming into the U.S. which will, essentially, permanently shut down the automobile manufacturing business in Canada. Those cars can easily be made in the USA! Also, Canada pays very little for National Security, relying on the United States for military protection. We are subsidizing Canada to the tune of more than 200 Billion Dollars a year. WHY??? This cannot continue. The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear. Canadians taxes will be very substantially reduced, they will be more secure, militarily and otherwise, than ever before, there would no longer be a Northern Border problem, and the greatest and most powerful nation in the World will be bigger, better and stronger than ever — And Canada will be a big part of that. The artificial line of separation drawn many years ago will finally disappear, and we will have the safest and most beautiful Nation anywhere in the World — And your brilliant anthem, “O Canada,” will continue to play, but now representing a GREAT and POWERFUL STATE within the greatest Nation that the World has ever seen!”
His use of quotes around “electricity” sounds like a flat earther talking about “gravity.” I think he truly doesn’t understand how electricity is created for the grids. Also, yeah, maybe in a very literal sense, the US doesn’t “need” some of these things…but getting it the way we have for a long time and are currently set up to get it, would be a lot nicer.
Luckily the majority who pay that are the stupid people who elected him, and not Canadians. Unless he magically drops dead soon, their economy is toast.
Okay, so at what point do the real string-pullers (whether you call them the Deep State, the ultra-wealthy, the Lizard People, etc.) tell him to knock it off? A completely wrecked economy doesn't help their wallets.
Those people are so rich that nothing can ever hurt their wallets. That’s what I don’t get about billionaires— why don’t they just fuck off? Go buy an island and STAY there— you can start your own nation to play god with, just like your hero and pimp Epstein always wanted.
I disagree. If the economy is fucked (likely) then he and his other .01%ers can swoop in and buy stocks and distressed assets at yuge discounts
If we're going to get economically fucked, can we at least tank the housing market so I can snag a home for cheap? I'd like to get something out of this dumpster fire.
Yup, the crash the economy, lose in the short term, buy when it is low. Then when it goes back up they are 10x richer then before.
Benji no doubt has a mansion for him waiting in Israel if everything goes south. If he lets a scummy fat fuck Bret Ratner room with him you know he’ll let Trump. Seinfeld has one booked there for when the (Shoshanna) hammer finally comes down on him.
Sure it does. The rich get richer when the economy tanks, because they can buy companies/houses for pennies on the dollar. A bad economy is only bad for poor people. The billionaires become trillionaires in it. Why do you think Buffet sold a shit ton of holdings to build up his cash reserves?
He's right. Why would we allow Canada to have the unique topography and climate to generate a ton of hydro power? We should invade them and steal their clouds and elevation gradients.
We have coal, for at least as long as the Pinkertons are willing to shoot a miner's wife as a warning to the others.
It's somewhat true a bad economy wouldn't help their wallets in the short term, but a privatized economy would be very beneficial to them, which is what I think they are going for. You break everything the government is typically in charge of and then privatize it to companies to run it "more efficiently" and "not filled with waste and fraud". Social security finally being privatized, post office being privatized, Dept of Education, Medicaid, NASA, etc etc. Why work to create a business when you can take over trillion dollar markets for free and on the tax payers dime?
White House is now doing car ads... Trump says that any violence done against Tesla will be labelled Domestic Terrorism. While saying that it's now illegal to boycott Tesla.
Also saw that Trump might ban Cubans next from coming into the US, because why not make Rubio as fucking uncomfortable as possible? HA!