U.S., EU agree to trade deal framework that puts 15% tariffs on European goods
- Thread starter The Oracle
- Start date
Again, you do not think Israel is in the wrong to occupy and wipe Palestine off the maps.
Correct?
This you also blame on Hamas?
DoFo is MAGA. You keep thinking what he says publicly is the same as what he thinks and what he does.
america is going to be mad.
Not only will coffee prices go up 50% because of tariffs, now Ozempic will go up 15% now too.
Not only will coffee prices go up 50% because of tariffs, now Ozempic will go up 15% now too.
Let's play then..
https://en.wikipedia.org/wiki/1920_Nebi_Musa_riots - Headed by Mohammed Amin al-Husseini
Who is he? He's got a nice rep...
he actively opposed Zionism, and as a leader of the 1920 Nebi Musa riots, was sentenced for ten years imprisonment but pardoned by the British.[8][9] In 1921, Herbert Samuel, the British High Commissioner appointed him Grand Mufti of Jerusalem, a position he used to promote Islam while rallying a non-confessional Arab nationalism against Zionism.[10][11] During the 1921–1936 period, he was considered an important ally by the British authorities.[12] His appointment by the British for the role of grand mufti of all Palestine (a new role established by the British) helped divide the Palestinian leadership structure and national movement.[13]
In 1937, evading an arrest warrant for aligning himself as leader of the 1936–1939 Arab revolt in Palestine against British rule, he fled and took refuge in Lebanon and afterwards Iraq. He then established himself in Fascist Italy and Nazi Germany, which he collaborated with during World War II against Britain, requesting during a meeting with Adolf Hitler backing for Arab independence and opposition to the establishment of a Jewish national home in Palestine
so does this predate the tweet you just posted?
A reminder, all of trump's trade deals are worthless with no real terms and just announced tax on imports that americans will pay as tariffs
Jesus, you really are a turnip.
First, of course the goal of tariffs is to encourage/protect local production. But, the issue is that in today's integrated economies this doesn't work like it did 100 years ago. Look at those MAGA supporters who run small businesses. They thought because they built things like knives in the USA, they would not face any issues with tariffs. Until they realized that a lot of their equipment (like professional knife sharpeners) and raw materials (like steel) are imported, as are replacement parts of equipment they already own. They've seen their costs jump. The reality is that not all products have a domestic equivalent. I mean, the US or Canada cannot grow coffee beans...so, they need to be imported.
So, just think for a second about one specific item. Aluminum. Used in thousands of products, from fridges to airplanes. Canada exports a lot of aluminium to the US, especially from Quebec. Quebec has cheaper energy, needed to run smelters. Trump, the stable economic genius, has imposed a 50% tariff on aluminium. So, according to you, it would make a lot of sense for the Alcoa or another company to build smelters in the USA. Sure. Fine. Go for it.
BUT.....how long will that take, and will it be significantly cheaper than imported aluminum? Best case scenario is it would take five years (at the minimum) to build up a smelter to replace the imported capacity (well, at least some of the imported capacity). And, the reality is, Trump will be out of office by then (or sooner), and will his replacement or the next president follow this ruinous economic policy? Probably not. Is it worth the massive cost of building more smelters in the US for something that might not be needed even next week??
And, while Canadian companies are seeing a boon on domestic purchases, we sell a lot of raw material. I'm not buying tonnes of potash, softwood lumber, nickle or copper. You probably aren't. So are those producers just going to go out of business?
So, stop pretending that this is TDS. This is reality, not a made up greivence about Mango Mussolini. This is economic theory showing the truth, that tariffs will hurt the US economy by raising the price of goods. Trump is bragging about all the tariff revenue, but what he's really doing is showing the largest tax increase in American history, and nobody in congress voted for this.
