Tit for Tat Tariffs - The US versus the World

[bèlla]

Is that the pic of him starring directly into the sun?

It’s taken from a speech he gave during the eclipse.

 

[camille70]

Trump’s Policies Are Driving the U.S. Economy Toward Structural Collapse

Trump’s Policies Are Driving the U.S. Economy Toward Structural Collapse

In 2025, the United States has entered a critical phase — not a temporary recession, but a systemic crisis born of the Trump administration’s second-term economic experiment. Donald Trump returned to power vowing to “restore America’s economic...

www.dailykos.com

The farm crisis has spread to industry. John Deere, the emblem of American agricultural machinery, announced that it lost over $300 million in the first half of the year due to new tariffs — and expects total costs to reach $600 million by year’s end. Rising steel and aluminum prices, coupled with farmers’ dwindling purchasing power, have slashed equipment demand. The result: 2,000 layoffs and a 29 percent revenue drop. The downturn in this sector has rippled through local economies — shuttered stores, falling property values, and shrinking towns

 

[camille70]

34:30 mark to about 41 min mark

Rumor: Families of cabinet members are purchasing tarriff claims from companies who have paid them in anticipation they will be overturned.

 

[Say it aint so]

34:30 mark to about 41 min mark

Rumor: Families of cabinet members are purchasing tarriff claims from companies who have paid them in anticipation they will be overturned.

AI Overview

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Reports emerged in mid-2025 that Cantor Fitzgerald, a financial services firm run by the sons of U.S. Commerce Secretary Howard Lutnick, offered to purchase potential tariff refund claims from companies affected by President Donald Trump's tariffs. The offers drew scrutiny from lawmakers due to the potential for conflicts of interest.​

They are parasites.

 

[Say it aint so]

U.S. working on doubling aid to Argentina to $40 billion​

Argentina +40B.
U.S Farmers, another stick in the eye.

But hey, once again they voted for it.

 

[CRAZY_CAT_WOMAN]

We should sue all right leading news channel and media's. For not being honest about how dangerous Trump is. I assume that why he was elected.

 

[essentialsaltes]

Five Senate Republicans join Democrats to rebuke Trump’s Brazil tariffs​

Sens. Rand Paul, Thom Tillis, Susan Collins, Lisa Murkowski and former Senate GOP Leader Mitch McConnell sided with Democrats in the 52 to 48 vote.

McConnell has long been critical of Trump’s trade policy, and said in a statement ahead of the vote, “Tariffs make both building and buying in America more expensive. The economic harms of trade wars are not the exception to history, but the rule.”

“The emergency, with respect to Brazil, the unusual and extreme emergency that threatens the United States, that emanates in whole or in part outside the United States, is the Brazilian decision to prosecute Donald Trump’s friend. How is that an emergency?” [Sen. Kaine] said, noting that the US has a trade surplus with Brazil.

The resolution, however, isn’t expected to be taken up by the House.

[Certainly not when the House has been idle for weeks to avoid a vote on the Epstein files.]

Earlier this year, Republicans in the chamber added a measure to a procedural rule blocking members from being able to force a vote on the president’s tariffs.

[Well, that too.]

 

[essentialsaltes]

Trump admin faces deeply skeptical Supreme Court in early tariff arguments​

President Donald Trump’s attorney faced deep skepticism from several key conservative justices in early arguments at the Supreme Court over his sweeping global tariffs – a potentially troubling sign for the administration.

Chief Justice John Roberts and Justice Amy Coney Barrett, in particular, pressed the administration hard on several points, including whether the law at issue in the case authorized Trump to impose his emergency tariffs.

Roberts pushed back on key arguments from the administration, suggesting that the language in the law – which permits a president to “regulate” imports – may not be clear enough to justify the import duties. Barrett, meanwhile, asked Solicitor General D. John Sauer whether the court had ever viewed the term to “regulate” to include sweeping tariffs.

Justice Brett Kavanaugh, too, seemed skeptical of one of the administration’s historical arguments: That former President Richard Nixon was permitted by courts to impose tariffs under a precursor to the law at issue in the case.

 

[Hans Blaster]

Justice Brett Kavanaugh, too, seemed skeptical of one of the administration’s historical arguments: That former President Richard Nixon was permitted by courts to impose tariffs under a precursor to the law at issue in the case.

It would be nice if one of the Georgetown Prep wing of the Court would rule for sanity and black-letter law on this one.

 

[camille70]

https://x.com/factpostnews/status/1986170709987532840

Longer clip:

Text of exchange:

Chief Justice Roberts Calls Trump’s Tariffs ‘Taxes on Americans’ While Grilling Admin Lawyer

“But, who pays the tariffs? If a tariff is imposed on automobiles, who pays them?” Roberts interjected, appearing skeptical of the Trump admin's argument

www.mediaite.com

 

[essentialsaltes]

"We cannot build bananas in America"

At a House Appropriations hearing on Thursday, Rep. Madeleine Dean (D-PA) questioned Sec. Howard Lutnick about President Trump's tariffs.

Never let it be said that the Trump Administration can't eventually learn from its mistakes months after people point out the obvious flaws in its simplistic and drastic actions.

Bessent says 'substantial' tariff relief on coffee and bananas is coming soon​

President Donald Trump also promised tariff relief on coffee this week.

Bessent, speaking on Fox News Channel, said that while "it's tough to do a lot of specific things," [oh, lordy, all those details. Who has time to sort it all out?!?] the administration would be moving to cut duties on a number of "things that we don't grow here in the United States."

Bessent added on Wednesday that he expects "the American people are going to start feeling better" about inflation in the first or second quarter of 2026.

So day 500 instead of day 1? I'll believe it when I see it.

 

[essentialsaltes]

The Trump administration is racing to reframe his tariff rollbacks​

Late Friday, the White House announced the president had signed an executive order exempting more than 200 food products, including bananas, beef and coffee, from the so-called reciprocal tariffs he has imposed on U.S. trading partners.

The move comes as the trade duties have begun to face economic, legal and political resistance that cast doubt on their efficacy.

They were perfectly effective at raising prices on these goods!

White House officials are insisting the rollbacks do not amount to a retreat from the president's staunch defense of tariffs as an economic driver.

While some of the factors influencing the cost increases are not directly tied to tariffs, economists have estimated that consumers have been shouldering more than 50% of the overall price increases seen from Trump's import duties.

[It should have been obvious to not impose tariffs in the first place on items not produced in the US.] But whether all the products that were most recently exempted from tariffs fall into the category of “not produced in the United States” is doubtful.

Beef and oranges are produced in the United States, for example, and yet they were included on Friday’s list of broad exemptions from all reciprocal tariffs — not just from duties on imports from countries where the U.S. has secured trade deals. [not to mention the large US taxpayer donation to Argentina.]

Key elements of Trump’s tariff regime now also face legal jeopardy, however, as the Supreme Court weighs whether Trump illegally bypassed Congress when he imposed 'reciprocal' duties and fentanyl-related tariffs using emergency powers authorization.