Not sure if you checked out the Bluesky thread about the supply chain disruptions but tracing just one component of a powered seat in a Ford truck: Enters the US from China once. Enters Mexico from the US twice. Enters the US from Mexico twice. And then depending on which finally assembly destination could enter Canada and then back to the US. Each step would not only be a tariff but also a border holdup while all the inspections and everything happens. Considering the ‘Just in Time’ logistics and manufacturing utilized in the US Auto industry some Tier 2 and Tier 3 suppliers could start having to go to half shifts in a week. Some Big 3 plants in two to three.
This is part of the current uncertainty. What does Ford do when they don’t have power seats and airbags and any other thing? Do they keep the lines running and figure out a way to come back and install later? Or do they shut down or slow their lines? What kind of pressure does that place on Trump? What kind of pressure does Trump place on the manufacturers to keep producing cars they can’t sell? Who know? Which is why I’m not freaking out as much as some. We don’t even know IF the tariffs will actually go into effect, how they will be implemented, what they cover, if they will they be sued and if there be a TRO, will Congress step in, how business will respond, how the public will respond etc etc. So yeah. For me the tariffs are a joke made by a joke President of a joke populous. Until I know more I’ll just sit back and laugh. No point in crying.
He uh… he just said it. Ten minutes ago. Fuck. He really thinks he can get rid of the income tax with tariffs.
I’m gonna go out on a limb and say this is a Dickynoo people thing. Only a couple places old enough to still use fuel oil and close enough to the Canucks to have to use them for their utility.
Yeah this gets to my best understanding of the situation. Someone else said it first and better: Trump is too stupid to be a president so he has decided to try and be a king. This gives me hope actually. He isn’t smart enough to try and take over the system so all he can do is try and destroy the system. Call me an optimist but I feel America is better at withstanding some direct attack than some Trojan horse. I think/hope the Trumpists are overplaying and that this isn’t the end. Treaties (trade agreement) which have been ratified by 2/3rds of the Senate and signed by the President are the Supreme Law of the Land (Article VI Clause 2). So Constitutionally he can’t really do any of this without the Republicans in control of the House and Senate just going along with his usurpation of the Power of the Purse which would go against something like… 700? years of our legal tradition. (I’m sure some annoying Brit and/or Canadian will pipe in with some note on which some some King James [numeral] agreed to pay the money parliament allocated and maybe it is only a 600 year tradition.) He is currently justifying these all by National Security Emergencies. Fentanyl.
It's worth noting again that market crashes and economic downturns are actually good for the people Trump serves. (Not the people who go to his rallies; the people he serves.) While their net worth may go down on paper, their lifestyles — their cars, their mansions, their yachts — are not in danger. Their economic supremacy relative to all of us peons will not change. Meanwhile, when small businesses go bankrupt, big businesses have an easier time swooping in and grabbing their market share. And when families lose their homes, rich landlords can snap them up at a low price and turn them into a permanent income stream via rentals. So economic downturns don't really hurt the 1% in the short run ... and significantly improve their standing in the long run.
No. Bribery is a crime, and this is an official act. The President is presumptively immune for all his official acts, therefore this is not bribery.
If the DNC were capable of standing up to a toddler walking up and poking at their eye with a fork I'd share your optimism. But yes, there's a chance that Trump fascism will self-destruct to the point that the uninformed voters in the middle will swing away from Republicans in two years.
I have a feeling that if the United States makes it out of this era intact, it’s going to be with executive powers severely curtailed with a shit ton of congressional oversight over the executive's actions. If.
To offset the tax cuts he's going to give the wealthy? Tough to say, given the scope of how poor a decision this is Considering this is in violation of a treaty that he negotiated in his last term, why on earth would anyone sign a treaty or agreement with this guy moving forward?
This is literally a man banks had on a "do not lend" list, except Deutsche Bank because he had so much debt there they'd have gone under if he reneged rather than cutting him a more favourable repayment scheme. And other countries are, sadly, in the same situation with the US.
As an importer, tariffs suck and make life miserable for everyone involved - if I have to pay a 25% tariff then that means that I'm going to take less margin on the item I'm selling and going to have to jack my price up to my distributor as well, and then they will have to pass that increase on to their end user. Everyone loses That this is happening with trading partners in which the benefits of these relationships massively outweigh the drawbacks is insane And he keeps spouting that the USA subsidizes Canada despite it being completely false. He's confusing trade deficits with subsidies (maybe purposefully to make it sound worse than it is?) . In fact, Canada is actually subsidizing the USA because we discount the oil we send down there