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Tit for Tat Tariffs - The US versus the World
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Trump’s Policies Are Driving the U.S. Economy Toward Structural Collapse
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
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
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Say it aint so
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AI Overview
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.
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Say it aint so
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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 then voted for it.
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CRAZY_CAT_WOMAN
My dad died 1/12/2023. I'm still devastated.
- Jul 1, 2007
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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.
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- Oct 17, 2011
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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.]
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- Oct 17, 2011
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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.
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Hans Blaster
I march with Sherman
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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.
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- Mar 4, 2007
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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
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- Oct 17, 2011
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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.
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