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OT: American Politics

Yep. All these “deals” are doing is comfirming existing levels of trade will likely continue (with no enforceable mechanisms), indicating non-binding “intention” for foreign companies to buy more US products or invest in the US, and locking in the amount of addition tax US consumers will have to pay on imported goods.

It’s a big problem when good from your country are tariffed heavily while others aren’t. If all imports are tariffed at 10-20%, it’s less of a thing. Just means US consumers will have less wealth to spread around.

Meanwhile most Canadian goods are still trading duty-free. We’ll see if that changes later this week.
 
So many things wrong with this statement excerpt by Maxwell's defense:

President Trump built his legacy in part on the power of a deal—and surely he would agree that when the United States gives its word, it must stand by it.

Ghislaine Maxwell makes pitch to Supreme Court​

www.yahoo.com

Ghislaine Maxwell makes pitch to Supreme Court

The Justice Department has urged the Supreme Court to reject Maxwell's petition.
www.yahoo.com www.yahoo.com
 
Cal Gal said:
So many things wrong with this statement excerpt by Maxwell's defense:

President Trump built his legacy in part on the power of a deal—and surely he would agree that when the United States gives its word, it must stand by it.

Ghislaine Maxwell makes pitch to Supreme Court​

www.yahoo.com

Ghislaine Maxwell makes pitch to Supreme Court

The Justice Department has urged the Supreme Court to reject Maxwell's petition.
www.yahoo.com www.yahoo.com
Click to expand...
Remember the good old days when the DOJ prosecuted, insteaded of defending criminals?
 
One aspect of this tariff thing is that it can easily be looked at as a kick back to the boss from these companies, by having the big boys pay these tariffs to give the govt this "income" for at least a year or two.
Eat the cost of the tariifs and NOT pass on the cost to the consumer.. Until at least the mid terms
Claim your making trillions from these tariffs, lower interests rates, claim victory
 
The kickbacks will mostly be from the carve-outs that special sectors or even individual firms receive. Make a huge “donation” to Dotard and suddenly your inputs can enter duty free.

It’s Atlas Shrugged, but tariffs instead of trains.
 
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