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

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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.

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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​

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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.

 

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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​

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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.