Here's some excerpts from a good article on that... Trump Will Double the Price of Coffee to Help a Fellow Fascist Coup-ster - The American Prospect If there’s one thing about Donald Trump of which we can be certain, it’s that he’s a sucker for his fellow tin-pot dictators. His attractions to Vladimir Putin and Kim Jong Un may wax and wane, but he’s clearly found a soul brother in Brazil’s Jair Bolsonaro, the country’s former president who, after being defeated for re-election, attempted to cling to power by engineering a coup (which, thankfully, failed). Yesterday, Trump rushed to the defense of his fellow failed coup-ster by threatening Brazil with a 50 percent tariff on all the goods it sends to the United States. To the best of my knowledge, trying to preserve a nation’s status as a democratic republic has never before been adduced as grounds for the U.S. imposing a tariff, much less a tariff of 50 percent. Someone may have mentioned that to Trump, since he also cited the trade deficit the U.S. is running with Brazil as another reason for the tariff. Problem is, the U.S. is actually running a trade surplus with Brazil, and has for many years. Last year, according to the U.S. trade representative, that surplus came to $7.4 billion, and this pro-U.S. imbalance has continued this year as well. Trump’s unprecedented use of tariffs to punish a democracy for seeking to defend itself from a coup has so stunned commentators that the effect such a tariff would have on American consumers hasn’t yet fully registered. So, consider this: In 2023, 35 percent of the imported coffee beans that make up our morning pick-me-ups came from Brazil—and that was lower than the usual level, since Brazil had suffered from a drought that year. At a time when affordability has become the flashpoint for working- and middle-class discontent with the economy, then, Trump is effectively proposing to send the cost of coffee skyrocketing. https://share.google/64nrAQ1FM3mrUlkyI
To avoid paying tariffs on Canadian metals, American companies are moving factories and JOBS to Canada to service the Canadian economy and perhaps to export to the EU. The US is losing manufacturing jobs. Mad King Don is an idiot. He does not understand international economics, He does not understand tariffs and their secondary and tertiary effects. He has no clue. Mad King Don is also now showing the world that he is not the Master of the Deal ... perhaps just the Master of the BS. U.S. Factories Are Fleeing to Canada – America’s Industrial Collapse Begins
This past week alone Trump has managed to piss off the Japanese and Vietnamese which will only drive the regional super powers into the hands of China Truly remarkable how much one admin can **** up
Neither of those countries like China on anything other than "we have to for business" level. Japan sort of directly hates them. But, if Japan and SK lead a thing, you could put together a 13ish? coalition of countries who could make a serious trading bloc
Opinions change quickly in foreign policy. The fact that neither of these countries like china yet were pissing them off for literally no reason isnt a way to run a country. Its how to drive a wedge between you and the most important allies in the region
Spot on Drop interest rate 1/2 % and lets see what happens. I could be wrong, but not much damage would be done if I am.
Mike Pence is part of the establishment GOP that sold our country out. Biden put what I'm talking about on steroids. I mean heck, he let a China fly a spy balloon over most of the 48 states. Scary stuff.
Biden "allowed" the china spy balloon bcz the pentagon recommended it as they were gathering intel on the device. Look at how utterly braindead these individuals are @Buck Turgidson . They think Trump pissing off every Asian ally somehow makes Trump tough on china instead of driving them to the arms of China.
Trump is trying to restore us from being part of the communist/One world govt country. as far as other countries go, asking them to pay 5% to keep them secure seems fair to me . Obviously you feel differently.
The Trump Trade Triumvirate: Donald Trump: Penn, BS in economics (Ivy League Elite) Kevin Hassert: BA from Swarthmore, PhD in economics from Penn ... (Ivy League Elite) Pete Navarro: BA from Tufts, PhD from Harvard in economics...(Ivy League Elite) I'm so glad the Ivy League Elites aren't in charge of the economy anymore
don't forget scott bessent, Sec of Treasury, is from Yale; he was a partner with George Soros' hedge fund, leading the team to take down the British pound sterling, by extension Bank of England, in the 1990s so glad that the Ivy League Elites / globalists aren't in charge of the economy anymore
I don't think Americans understand in any sense how much the world hates them at the moment @Nook . Locals here in Europe are yelling at them and telling them to go home. I visited Taiwan a month back and locals there all thought Trump would betray them after witnessing Ukraine. Alot of Americans are living in a delusional bubble about how fast the global South is running towards China including Europe.
I almost gotta give props to whoever’s out there writing this season’s script for the universe…season 2025 is crazy the buffoonery…the fckery…the tomfoolery…no previous season has come close
Trump is re-setting the global terms of trade IN OUR FAVOR and all the while, bringing in significant tariff revenues to the US Treasury. This will help reduce the budget deficit -- which is sorely needed. The recent One Big Beautiful Bill Act will also help close the deficit, by sparking robust GDP growth by putting more money in people's pockets and slashing tax rates (and avoiding what the Dems wanted which was huge tax increases). These are long needed moves which Trump is pulling off, all while the stock market is touching all time highs. Amazing. GOOD DAY
