tenhsor
1.2K posts
@dysinger @jordwalke Same exact thing biden got without the use of tariffs, and I bet Trump could have got the same deal without them. Again, what did the tariffs accomplished other than alienate the RoW against the US?
x.com/Acyn/status/18…
Acyn@Acyn
Harf: Mexico sent 10,000 troops to the border in 2021 when Joe Biden was president.
English
> be trump
> 4D chess grandmaster
> slap 25% tariffs on canada & mexico
> "secure the border or else"
> drama ensures
> canada and mexico losing their minds
> canada screeching about retaliation
> mexico sweating, concedes first and agrees to everything
> tariffs paused
> *24 hours later*
> canada folds too
> total victory
> economy saved, border secured, america first
how tf does he keep getting away with it?
English
BREAKING: Trump on Canada:
Canada has agreed to ensure we have a secure Northern Border, and to finally end the deadly scourge of drugs like Fentanyl that have been pouring into our Country, killing hundreds of thousands of Americans, while destroying their families and communities all across our Country.
Canada will implement their $1.3 Billion Border plan, and as per Prime Minister Trudeau, will be, “reinforcing the Border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are, and will be, working on protecting the Border. In addition, Canada is making new commitments to appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the Border, launch a Canada-U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering. I have also signed a new intelligence directive on organized crime and fentanyl, and we will be backing it with $200 million.”
As President, it is my responsibility to ensure the safety of ALL Americans, and I am doing just that. I am very pleased with this initial outcome, and the Tariffs announced on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured. FAIRNESS FOR ALL!
English
tenhsor retweetledi
We are witnessing the unwind of the WW2 economic order.
What's happening now is much bigger than tariffs. For nearly 80 years the US exported dollars while importing goods & debt. That system is failing.
What's next? A move back to a neutral reserve currency. Got #Bitcoin?
English
Tariffs are here- avoidable or not. Now, Canada will rise to the occasion. Let's make the most of this moment, fix our internal markets, export resources but also make products with them, streamline everything, and build technology. Everyone wants a strong Canada.
Pierre Poilievre@PierrePoilievre
We need a new trading partner. This country is the one 👇
English
Sending 10,000 Canadian soldiers to patrol the border would be cheaper than massive bailout packages for workers and companies.
English
@darewecan @tobi So you want to become the 51st state? That’s the deal Trump is looking for.
English
tenhsor retweetledi
Meanwhile, grocery and housing prices continue to go up.
English
New xAI model fine tuned with treasury data coming.
Aidan McLaughlin@aidan_mclau
wait my moot is running the treasury what
English
@GhiriMai @APompliano @D_A_Irwin Did you fall asleep after 5 minutes of econ 101? Competition is what stops them from raising prices.....
English
If there is any doubt that the cost of the tariff is passed through to consumers, the price of propane (to heat my house) just went up by the amount of the tariff
English
BREAKING: In their meeting today, Secretary of State Marco Rubio issued an ultimatum to Panama’s president José Raúl Mulino over the Panama Canal:
Without immediate action to address “Chinese influence,” the US will take “all necessary measures to protect its rights under the Treaty,” Axios’ @BarakRavid reports.
Does Trump plan to invade Panama?
English
@mckaywrigley @AnthonyGirand You still seating in the driver seat and paying attention to the road.
English
@AnthonyGirand Highly recommend you try it out! Even if you can get a demo at a local Tesla store.
Tesla owners freak out about it because it’s worth freaking out about.
I literally don’t drive anymore.
My car takes me everywhere - it’s crazy.
English
I have no idea how you look at Tesla vs. Waymo and conclude that Waymo will be the longterm winner.
Tesla already won.
People just don’t know it yet.
English
This is a five alarm fire.
The people elected Donald Trump to be President - not Elon Musk.
Having an unelected billionaire, with his own foreign debts and motives, raiding US classified information is a grave threat to national security.
This should not be a partisan issue.
Kyle Griffin@kylegriffin1
Breaking: WASHINGTON (AP) — USAID security chiefs on leave after trying to prevent Musk's DOGE from accessing classified material, officials say.
English
I partially but do not entirely agree with this perspective.
Retaliating to tariffs with broad based tariffs will only lead to further hardship in Canada.
THIS DOES NOT MEAN NO RETALIATION.
Here is what Canada should consider instead.
1) Eliminate protections for American intellectual property, including in technology and pharmaceuticals.
2) Pursue domestication (or “allyfication”since investment should remain open to EU/Democratic world) of critical production assets in key sectors, the requirement for data storage in Canada, and potential limits on American owned traditional media and social media platforms operating in Canada. This in particular would be value destruction that primarily hurts American businesses, and sets the precedent for Europe and Democratic Asia.
3) Announce intention to work with Europe and Democratic Asia on a replacement to the American dollar as the global trade and reserve currency (de-dollarization)
4) End all announced subsidies for American-owned enterprises in Canada (yes, including in EVs). Cancel all procurement contracts with America (including in defense). Shift those dollars to other allies.
5) Announce a one-time capital gains exemption for any/all Canadians who sell American investments and repatriate the capital to Canada.
6) Construct incentives to lure highly-paid Canadians in American Financial and Technology industries to move back to Canada.
Peter Schiff@PeterSchiff
25% tariffs on goods coming in from Mexico and Canada are not a disaster for Canada or Mexico. There will be declines in U.S. sales, but those countries can still consume those goods domestically or export to other nations. So companies making those goods will see profits fall for the portion of their sales that go to the next highest bidders. But Americans will be paying higher prices on all Canadian and Mexican imports they buy, or for higher-priced domestic substitutes where available. But many lower-income Americans will be priced out of the market for those goods entirely. So the tariffs portend more negative consequences for Americans than they do for Canadians or Mexicans. If either Mexico or Canada retaliates with tariffs of their own, the effect will be the same. Their own citizens will suffer more than Americans. That is the unique nature of a trade war. Each side suffers most from its own offensive. The best way for Mexico and Canada to win is not to retaliate. That would include not providing any subsidies to exporters or any attempt to weaken their currencies. That would only reduce the sting tariffs have on Americans, shift the burden to their own people, and prolong the trade war.
English
Mexico sends ton of fentanyl into our country. Canada has seen a massive increase in fentanyl trafficking across its border. There are three ways of stopping this. The first is ask nicely, which we’ve done. It’s gone nowhere.
Now we’re on to the consequences phase.
English
Yes, it’s all about leverage.
We export so little and import so much that tariffs force others to do what Trump wants.
By the way, so is some of the cost cutting.
Everyone always sends the bill to the US and the US always pays.
If you stop that you can call the shots.
Chrisman@chrisman
Tariff war is not hard to understand. Others need to trade with us more than we need to trade with them. As a result of tariffs new trade agreements will be made that favor us. Maybe some tariffs remain in place as incentive to move manufacturing to U.S. or to bring in revenue for the gov. The tradeoff is maybe this raises prices for consumers, but this negative is expected to be outweighed by the positive effect of creating jobs here and potentially lowering income taxes by offsetting them with tariff revenue.
English