it's kinda like gas prices, if you really dig into it it seems much smaller. Eggs typically cost around a quarter apiece (depending on size a bit more or less) and now they're something like twice that. So if you scramble a couple of eggs for breakfast that meal costs you an extra 50 cents. Similarly, if gas prices go up a dollar a gallon and you get even 25 MPG, then you're paying a whole 4 cents per mile more for your gas. Yet people lose their shit if it goes up even a quarter of that
After it's refined in the gulf, which is what I fucking said. You're getting lightheaded on your own supply again, bitchcakes.
So, how long before Trump starts saying "I put a stop to the tariffs the democrats tried to implement"?
Trump promises 25% tariffs on steel and aluminum imports This idiot barely has a grade school understanding of economics. The markets are going to tank again tomorrow morning. ...or is he doing himself and his buddies some favours by short-selling the market?
Do many Canadians buy Teslas anyway? I thought they had more sense (and colder weather fucking with the batteries)?
Where I live is a steel town. Trump's bullshit is going to destroy what little remains of this place. Living in Ohio is punishment enough, we don't need extra punishment.
Huge amount of Teslas in Vancouver, throw a rock in the air and you hit one. We do have the most temperate climate though
Late to this but I thought we had been lost superpower status the last time the Cheeto took office. People were looking up to Germany as a leader on immigration despite Merkel being pretty right wing but European standards.
This. In terms of ethics and morality (granted that's subjective), I believe the US lost its leadership power decades ago, and has been cruising on its military might in place of actual governorship for a long time now. Other countries see the US and its clay feet, and I don't think they'll tolerate it much longer, nor should they.
Okay so reading replies the usual fucking idiots are shitting up multiple threads trying to defend their Leader’s aluminum and steel tariffs. Since this is a tariff thread, let’s discuss it here. First things first: Why is American steel and aluminum more expensive than other countries’? Our plants and smelters are old. Thats it. That’s the answer. We left WWII basically the only industrialized nation not bombed to shit and then spent a couple decades helping everyone rebuild their industrial base. With the most up to date and efficient plants and smelters and all that good stuff. At home we rode the wave of our existing factories while investing in new and emergent technologies like telecommunications and computers. That eventually led to our factories and plants and smelters for lower on the value chain industries being surpassed by other countries’. Many of our plants, factories, smelters, etc especially in lower value industries, are very inefficient. Instead of cutting edge tech they rely on labor. Lots of labor that doesn’t need a college degree. Lots of white male non-college degrees labor. Which makes it expensive and not competitive. America could tomorrow build steel plants that produce steel as good as and as cheap as anywhere in the world. It would cost a fuckton and everyone who worked at the old steel mills would get fired with maybe 10% able to take and pass the courses to become robot operators and technicians in our new competitive steel mills. It is totally something we could do. But in terms of industrial policy is that really the best investment? Or should we invest those same dollars and the same training programs into higher value chain industries like chip manufacturing or biotech where we have an inherent comparative advantage due to our intellectual base?
Now there are some non-economic reasons for tariffs and industrial policy. National security is one. Sometimes the need to protect yourself or blunt an adversary at some cost to the economy as whole is worth it. Although the 2nd and 3rd and 3rd and 2nd of the top importers of steel and aluminum to the US being Canada and Mexico respectively in any other time would allow you to dismiss NatSec as a worry. Or it could be socio-political. Maybe an industry is dominated by workers from a disadvantaged demographic. One that for millennia have been locked out of the economic system. And due to being excluded have developed a very fragile ego that needs to be constantly stroked and they would rather be unemployed and pass up hundreds of millions of job retraining dollars than move to ‘not manly’ occupations. https://www.reuters.com/article/wor...eback-miners-reject-retraining-idUSKBN1D14FT/ Maybe then for this historically marginalized group you would subsidize their ‘manly’ make work ‘jobs’ as a form of reparations even to the detriment to the economy as a whole.
Perhaps overestimates Trump, but worth a read. https://unherd.com/2025/02/why-trumps-tariffs-are-a-masterplan/
Your Monday reminder that we have one week to come up with another BS reason why the dumb 25% tariffs on Canada and Mexico should get postponed before the current March 4th implementation https://bsky.app/profile/josephpolitano.bsky.social/post/3liwiainf2k25
Trump says he'll hit Canadian goods with 25% tariff next week after month-long pause 'The tariffs are going forward on time, on schedule,' U.S. president says If he goes ahead, it's absolutely going to hurt my country's economy. But the good news is, it's going to fuck America's economy too.
https://www.newschannel5.com/news/c...hvilles-international-visitors-are-from-there *cue Bender laughing* Nashville voted for Harris, but because of the EC, it don’t mean shit. So, Canadians are helping to radicalize people who already didn’t like Trump to hate him even more.
1/3 of Las Vegas visitors come from Canada. As I said, if he goes ahead with tariffs it's going to hurt my country but it's definitely going to hurt yours as well.