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Trumpflation Watch

Discussion in 'BBS Hangout: Debate & Discussion' started by SamFisher, Nov 19, 2024.

  1. Exiled

    Exiled Member

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    I predicted:
    chaos
    Recessions
    ATW will escape & swim to his homeland
    I'm Trump’s Whisperer yaay

    I think this might drag for the next 20 years before we see the end of it. hanging n there fellas
     
  2. Amiga

    Amiga Member

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    https://www.ttnews.com/articles/tariffs-raise-us-car-prices

    Impending tariffs on Canada and Mexico risk driving up U.S. car prices by as much as $12,000

    The average price of a new car could increase by an estimated $3,000

    Anderson Economic Group estimates a $9,000 price increase for a large SUV and $8,000 for a pickup truck.
     
  3. CCorn

    CCorn Member

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    The stock ticker is showing lots of red. I guess it’s more patriotic now.
     
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  4. Andre0087

    Andre0087 Member

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    All they had to do was impeach him and convict in 2021. Virtually any Republican would have been a better choice than old bone spurs.
     
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  5. Reeko

    Reeko Member

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    Putin’s prostitute on the campaign trail: “I will bring grocery prices down on day 1”
     
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  6. Reeko

    Reeko Member

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    Are y’all tired of winning yet?
     
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  7. Andre0087

    Andre0087 Member

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    Canada to Cut Off Electricity to US States: 'Need to Feel the Pain'

    Ontario Premier Doug Ford said on Monday that he would block energy exports to the United States "with a smile" if U.S. President Donald Trump moved ahead with plans for a 25 percent tariff on Canadian goods.

    Trump announced on Monday that tariffs on Canada, Mexico and China would go into effect on Tuesday.

    Newsweek contacted Ford's office for comment via email outside regular office hours.

    Why It Matters
    In response to Trump's tariffs, Ottawa and Beijing have announced plans to retaliate, sparking fears of a global trade war.

    The U.S. imposed tariffs of 25 percent of Canadian goods—except for energy products, which face a 10 percent tariff. It also put a 25 percent tariff on imports from Mexico and an additional 10 percent on Chinese goods.

    According to figures from the U.S. Energy Information Administration, Canada is by some margin the largest source of American energy imports, with 59 percent of all crude oil imported into the U.S. in 2019 coming from the country. So energy imports give Canada a powerful lever to hit back at the Trump administration in a way that is likely to raise prices and stoke inflation in the U.S.

    What To Know
    Speaking at a mining convention on Monday, Ford, a progressive conservative, addressed the Trump administration directly.

    "I don't start a tariff war, but we're going to win this tariff war," he said, adding, "If they want to try to annihilate Ontario, I will do everything—including cut off their energy with a smile on my face, and I'm encouraging every other province to do the same."

    Ford added: "They rely on our energy. They need to feel the pain."

    In an NBC interview on Monday, Ford said Canadian energy kept "the lights on for 1.5 million homes and manufacturing [facilities] in New York, in Michigan and in Minnesota."

    Trump said the tariffs were being introduced in response to Mexico and Canada failing to stem the tide of fentanyl and illegal migrants across their respective borders. He also argued that Mexico and Canada, which had trade surpluses with the U.S., had been taking advantage of the country.

    The tariffs were initially intended to come into effect in February, but Trump delayed them for a month following conversations with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum.

    According to federal figures, 0.2 percent of U.S. fentanyl seizures took place at the Canadian border in the 2024 fiscal year, compared to 96.6 percent at the Mexican border. Last year, there was an increase in illegal immigration across the border between the U.S. and Canada, though the level remained far below migration across the southern border.

    Trump has expressed a desire for Canada to become the U.S.'s 51ststate, and he has taken to referring to Trudeau as "governor." In response, some Canadians have booed the U.S. national anthem at various sporting events in Canada, while others have launched a boycott of American products.

    In 2024, Canada provided more than 4 million barrels of oil to the U.S. per day, more than all the members of the Organization of the Petroleum Exporting Countries combined, according to the U.S. Energy Information Administration.

    What People Are Saying
    Ontario Premier Doug Ford told NBC on Monday: "I'm going after absolutely everything, and I don't want to. We keep the lights on for 1.5 million homes and manufacturing in New York, in Michigan and in Minnesota. If he wants to destroy our economy and our families, I will shut down the electricity going down to the U.S., and I'm telling you we will do it."

    President Donald Trump wrote on Truth Social on February 27: "We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled."

    Canadian Foreign Minister Mélanie Joly said on Monday: "If Trump is imposing tariffs, we are ready. We are ready with $155 billion worth of tariffs, and we're ready with the first tranche of tariffs, which is $30 billion."

    What Happens Next
    If Canada restricts energy exports to the U.S., it is unlikely to cause power shortages. However, it will likely increase prices for businesses and private households, causing further inflation.

    It remains to be seen whether business interests on both sides of the border will put pressure on their respective governments to agree to a deal that would end the tariffs.

    https://www.newsweek.com/canada-cut-off-electricity-us-states-need-feel-pain-2039125
     
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  8. edwardc

    edwardc Member

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  9. adoo

    adoo Member

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    ‘Incredibly Incompetent Clown’ Trump Ridiculed After Putting Major Policy Move Into Reverse



    Trump’ 2.0's pause on new tariffs for U.S. automakers drew ire and mockery on social media.

    pro-business TV hosts blasted the confusing/wishy washy Tariff farce.

    Conservative attorney George Conway, a longtime critic of Trump, responded to his temporary tariff backtrack, saying: “What an incredibly incompetent clown. Maybe he
    should have thought about the (patently obvious) effect of tariffs on the auto industry *before* imposing them? He’s like a monkey on a keyboard.”​
     
  10. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Such a dishonest post since COVID hit at the end of Trump's term... and the job losses were largely from blue states making the decision to shut down their economies...

    Your credibility slides further after you decided to post this...
     
  11. Jugdish

    Jugdish Member

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    What were the 170k job losses last month due to?
     
  12. edwardc

    edwardc Member

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    Open your eyes man he was the worst there is nothing dishonest about the post facts are facts.
    https://doggett.house.gov/media/blog-post/timeline-trumps-coronavirus-responses
     
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  13. adoo

    adoo Member

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  14. krnxsnoopy

    krnxsnoopy Member

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    The only prices Trump lowered are the price of stocks. #TrumpSlump
     
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  15. Invisible Fan

    Invisible Fan Member

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    CIA backed Biden incompetence and trickle down consequences of global elites regretting their purchase of Hunter Biden paintings.
     
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  16. krnxsnoopy

    krnxsnoopy Member

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    USD is also crashing. So Trump also lowered the price to buy the US Dollar lolll
     
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  17. Invisible Fan

    Invisible Fan Member

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    What these globalists are doing is criminal, and can only be solved when HUNTER BIDEN HUNTER BIDEN is thrown IN JAIL!

    https://www.msn.com/en-us/money/mar...balists-for-stock-market-sell-off/ar-AA1ApoHH

    Trump blames ‘globalists’ for stock market sell-off
    • President Donald Trump blamed "globalists" when asked why his tariffs appeared to be scaring the stock market.
    • Major stock indexes have dropped sharply this week, as rattled investors struggle to get a handle on Trump's trade policies.
    • The Oval Office remarks came as Trump issued temporary tariff exemptions for many goods coming into the U.S. from Canada and Mexico.
     
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  18. deb4rockets

    deb4rockets Member
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    I get so sick of that worthless POS always blaming everyone else for his incompetence and failures. That never changes, even though his policy decisions seem to change day to day..

    Mr. Blowhard.

    All he does consistently is lie and toot his own horn.
     
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  19. Buck Turgidson

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    Gas is $2.55/gal here in CenTex.

    I'll try to remember that in a week or so when I'm filling up again.
     
  20. Reeko

    Reeko Member

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    unfortunately, it works with the mindless drones
     
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