Trump finalizes tariffs on Canada, Mexico, China, triggering likely trade war

So if Canada ‘blinks,’ what does that mean?

 

Free maple syrup for all, and Alanis Morisette is deported

 

We get to keep Neil Young though, right?

 

Means they negotiate a deal of some sort that shows stronger border controls / fentanyl controls and some concessions on trade. I don’t Canada wanting to escalate to oil and gas.

 

Buy Vermont maple syrup. It never made sense to me that retailers import a product that competes against a US state.

 

No thanks, if its not from Canada its just sparkling tree sap

 

don’t tell them…

“Well, I heard Mr. Young sing about her
Well, I heard old Neil put her down
Well, I hope Neil Young will remember
A Southern man don't need him around, anyhow”

 

For now, but he's been permanently banned from Alabama though

 

Vermont is reverse osmosis versus Canada boiling off. It’s not even close. Sorry that your palette sucks LOL. just kidding.

 

I buy a thing of maple syrup like maybe every 10 years, by the time I need another, I will have forgotten this conversation entirely. I had one that was in a cool maple leaf bottle, but I used it maybe a handful of times.

 

CNBC finds the silver lining in Trumpflation:


"Prices of U.S. crude climbed nearly 2% and the international Brent benchmark rose more than 1%. However, analysts think oil prices could fall in the long run if tariffs trigger a global recession. "

 

Never goes bad, but make sure to boil and skim the top if you have it that long.

 

Hopefully this is correct. Tariff wars can have an impact on gdp.

 

Right Wing Bizarro World:

Then: "We need the XL Pipeline to IMPORT MORE CANADIAN OIL"

Now: "We are IMPORTING TOO MUCH CANADIAN OIL and now need tariffs"

 

Apparently the markets really love Trump's tariffs. The DOW futures are down around 600. Should be interesting to see what happens when the market actually opens at 9:30.

I recall during the campaign a lot of voters were praising Trump because gas at the pump had dropped below $2.00 a gallon during his first term. What they failed to remember was that occurred during the brief but severe recession resulting from the Covid lockdown when unemployment hit double digits. Trump's tariffs could very well result in return of '70s style stagflation, the combination of higher inflation and rising unemployment. Said it in another thread, the Democrats really do not need a proactive political strategy. All that they have to do is stand back and let the Republicans give Trump enough rope to metaphorically hang himself.

 

One wonders when President Musk steps in and puts an end to all of this (TSLA currently down over 4%).

 

Or the Republicans and Trump enough rope to metaphorically hang themselves. The gop owns all of this.

 

I honestly don’t think these moves are all that substantial, the market isn’t yet taking tariffs fully seriously. If it was they’d have to price in 10x more downside than this IMO.