The offical Trump Tariff thread

even the WSJ is mocking this latest TACO, lambasting Trump over his decision
to allow tech giant Nvidia to sell its H200 chips, a powerful AI processor,
to China in return for 25 percent of the sales.
​

Why is Trump giving an adversary access to advanced AI semiconductors—and for what in return?

​

​

 

Trump Loses It After Murdoch's WSJ Calls Him a Sell-Out


Trump blew his fuse on Thursday after the Rupert Murdoch-owned Wall Street Journal highlighted
U.S. weaknesses in the race for AI dominance against China.

​

 

Trump 2.0's ill-conceived tariffs have ushered in ever-mounting public outcry of rising cost of living, beef/oil/groceries, etc, leading to constant TACOing.

Monthly tariff revenue falls for the first time
since Trump 2.0's April 2025 roll-out​

​

Over the last few months, the monthly increase in tariff money collected by customs has slowed, but November’s total marked the first month with collections lower than the previous month.

Cost-of-living crisis has helped the Dems to impressive wins in the 2025 mid-terms elections; it has pushed the administration to announce more roll backs of a number of food-related tariffs in mid-November.

Those included tariffs on coffee and bananas, which the U.S. does not readily produce. The reversal also included tariffs on beef, a household staple whose cost has soared this year.

And while consumers may not yet be seeing a drop in retail prices for these items, it appears that Trump’s tariff reversals have already started to impact the government's bottom line.



Through late September, the most recently available data shows that about $90 billion of the $174 billion in tariff money collected up to that point was done via presidential authority granted under a law called the International Emergency Economic Powers Act, or IEEPA.

The future of a large swath of Trump’s tariffs also hangs in the balance at the Supreme Court.

If the Supreme Court finds that IEEPA did not, in fact, grant Trump the power to impose those unilateral tariffs, and the court strikes them down, it’s possible that most or all of the import taxes collected under the IEEPA law would need to be refunded to the importers who paid them. This would wipe out a significant amount of the tariff revenue that has been collected this year.

 

​

stupidity to doing the same thing and expecting a different outcome; the most vivid egs have been Trump's ill-conceived tariffs wars
against China. one would have thought that he had learned from his trade war scars from Trump 1.0. he didn't.
the 78-yr old dotard started another trade war without addressing the thorny issue of rare earth minerals.

some 9 months after his so-called liberation day, Trump 2.0 is

desperately trying to break China’s monopoly on rare earths,
but can’t cut deals fast enough to catch up​

​

 

Canada's Overnight Pivot to Asia Shatters Trump's Tariff Leverage Ahead of 2026 USMCA




‘Retaliatory pipelines’:
Push to export crude away from U.S. intensifies amid tariffs

Canada's energy export to Asia marks a significant milestone in the country's energy sector. The first shipment of liquefied natural gas (LNG) from British Columbia's Kitimat to South Korea, launched by the LNG Canada project, is a testament to Canada's strategic location and abundant natural gas reserves. This project, a joint venture led by Shell, Petronas, PetroChina, Mitsubishi Corporation, and KOGAS, is the largest private sector investment in Canadian history. The LNG Canada facility began producing LNG in June 2025 and is now exporting from its two processing units, with a combined capacity of 14 million tonnes per annum. This shift in trade diversification is not only a bridge to Asia but also to global markets, providing economic benefits for all Canadians.

 

Some 8 months after Trump 2.0’s liberation day, still no trade deals with China.
But its ill-conceived tariffs push Canada and China to strike a deal of their own


Last Friday, Canadian PM Carney announced the easing of some of the tariffs the two countries had imposed on each other, with Canada agreeing to allow in 49,000 Chinese electric vehicles at a much-reduced tariff of 6.1 %, while China will cut canola seed tariffs from 84 %
to about 15 %. Canada had imposed the tariffs in 2024 as part of an effort to align with U.S. trade policy on China.

“The global trading system is undergoing a fundamental change, and the effectiveness of multilateral institutions on which
trading partners such as Canada and China have greatly relied … has been greatly reduced,” Carney told reporters in Beijing.
“This is happening fast. It’s large. It’s a rupture.”

 

Good for them.................nice job orange man, by the time you crawl out of office no one will want to trade with us

 

Trump is so hopping mad at China and Canada that he just might raise tariffs on Canada and send a sternly written letter to Xi.

 

@El_Conquistador

 

Trump TACO in 2026

on the day after he had threaten additional tariffs on countries who do not support his Greenland stance,

Trump backtracks

US President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days
​

 

You talk about TACO and trump being weak , but my question is how many millions of dollars are the inside people making off his market manipulation.

Announce tariffs , markets crash
Reneg on tariffs , they go back up

I don't think any president has enriched himself more in office .

 

And why has SCOTUS not ruled on this, it's been months and all we hear are crickets............are they just going to sit on it because they know the Constitution does not allow this, this should be a fairly simple case..............

 

This is Jack's complete lack of surprise

 

Americans bear almost all the cost of Trump 2.0's tariffs, study shows

“Foreign exporters did not meaningfully reduce their prices in response to US tariff increases,” a report released Monday by
the Kiel Institute for the World Economy said. “The $200 billion surge in customs revenue represents $200 billion extracted from American businesses and households.”

The study found that only about 4% of the tariff burden is shouldered by foreign firms, with a “near-complete” pass-through of
96% to US buyers that pay the levies and then must either absorb them or raise selling prices. Manufacturers and retailers are
next in line in deciding whether they’ll pass along their higher costs or deal with tighter margins.

“The tariff functions not as a tax on foreign producers, but as a consumption tax on Americans,” Kiel researchers wrote.

 

Are trading partners are jumping of the boat and this won't be felt for a while but when it does........YIKES. Same thing with the Brain Drain, those smart folks are going elsewhere. When you have a petulant bully who makes fun of you, slanders you, threatens you, there gong to pivot in their own interest. The almighty US dollar has been the gold standard but as these partners go away so will the glitter...................again, not something you can put a timer on, but the GOP has to be worried about the long-term effects of what their wanna be king is doing

 

India just signed a MASSIVE free trade agreement with the EU.

I’ve been traveling internationally the last 2 weeks. The sentiment towards the US is very different this time.

 

This guy makes great points.




In this video, Nobel laureate Paul Krugman discusses his views on Trump's economic policies, particularly focusing on tariffs and immigration, and their impact on the U.S. economy (0:00). He argues that these policies, instead of making America affordable, are increasing costs and reducing the standard of living (1:06).

Here's a breakdown of his arguments:

• Tariffs and Economic Impact (2:15):
• Krugman states that while consistent tariffs themselves might not be a huge problem (reducing GDP by about half a percentage point in the long run), the unpredictability and chaos surrounding Trump's tariffs are significantly harmful (2:51).
• This uncertainty creates havoc for businesses, making investments risky due to unknown future tariff rates (3:12).
• He also explains that foreign exporters are not absorbing much of the tariff costs; instead, U.S. businesses are bearing the brunt, especially since many tariffs are levied on inputs for U.S. manufacturing, ultimately raising costs for domestic businesses and consumers (3:45).

• Manufacturing Jobs and Automation (4:51):
• Krugman challenges the goal of bringing back manufacturing jobs, citing the auto industry as an example. He highlights the highly integrated "North American auto industry" where parts cross borders multiple times, making tariffs add significant costs (5:07).
• He suggests that any manufacturing jobs that might return would likely be in capital-intensive industries with high automation, leading to "more jobs for robots but not a whole lot of jobs for US workers" (6:21).

• Tariffs and the Deficit (6:33):
• While tariffs do generate revenue, acting as a sales tax on imported goods, Krugman notes that the amount is unlikely to be as high as claimed and is not a policy triumph (7:23). It's simply how taxes work (7:40).

• Damage to U.S. Credibility (7:46):
• Krugman expresses significant concern about the long-term damage to U.S. credibility on the international stage. He explains that Trump's actions on tariffs violate international agreements and undermine the rules-based global trading system that the U.S. helped build (8:00).
• He argues that even if a future president tries to undo these actions, the U.S. will no longer be trusted as a reliable partner in agreements (8:29).