There is the strong probability that what Trump 2.0 attempted to do with tariffs were illegal. Trump invoked emergency economic powers when there was no emergency. The US has low unemployment, low inflation, a strong stock market and the highest GDP growth rate in the world.
The fact that Trump 2.0 came within an inch of a brutal, damaging trade war with it's two peaceful neighbours is not a case of no harm, no foul. The fact that Trump 2.0 decided to ignore the binding USMCA trade agreement that he signed indicates that the USA may no longer be considered a trustworthy partner. The US is now in an immeasurably weaker negotiating position than it was a week ago.
Trump 2.0 today basically secured a trade deal that was already in place by Canada in Dec 2024 with a few minor concessions. The art of the deal by Canada!
This trade chaos is not over because China has launched legal action against the USA with the Word Trade Organization because Trump 2.0 launched a major trade war without proper reasons.
The Real Reason No Tariffs
Collapse
X
-
They'd have a point if both canada and mexico weren't actually trying to do what america has asked them. migrant camps have been cleared out here. i know people who can personally attest to that. and mexico has sent a ton of troops to the border. this is all in the last couple days. but the libs are coping and trying to make this a win for them. trump paused the tariffs for a month to see if both canada and mexico's actions will actually give the results they claim.Leave a comment:
-
Donald Trump ends the unjust trade war that he started! | This Hour Has 22 Minutes
Leave a comment:
-
Donald Trump ends the unjust trade war that he started! | This Hour Has 22 Minutes
👍 1🤢 1Leave a comment:
-
-
-
-
- Unions and governments estimate that there are over 100,000 autoworkers and hundreds of thousands more jobs supported by the auto sector
- The country is home to a unique concentration of major automakers that relies almost entirely on the U.S.
- Autos are the second-biggest export, and the biggest outside the energy sector
Autos are the second-biggest export, and the biggest outside the energy sector
👍 1😎 1Leave a comment:
-
Honda, Toyota say shutdown of production lines is coming shortly after tariffs. Would impact thousands of jobs.😎 1Leave a comment:
-
Yep Trump caved to the pressure of putting thousands of US auto workers on layoffs and shutting down auto production.
Toyota and Honda had already made plans to stop production at the end of this week.😎 2Leave a comment:
Leave a comment: