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There is no Trump tariff for anything leaving the US. The Trump tariff is an import tariff only.
However, some countries have enacted retaliatory tariffs.
Canada, Greenland, Mexico, etc - USA Tariffs / Trade War commencing March 2025 #4
- Thread starter Sillybilly
- Start date
- Status
There is no Trump tariff for anything leaving the US. The Trump tariff is an import tariff only.
However, some countries have enacted retaliatory tariffs.
Every war the USA has been in, so has my country, and funded it. My country copped the virus, too, it was world wide, not just in the USA... My country funds the entire Pacific nations, bar Hawaii and Guam... and it's not in debt, so the USA has been running itself into the ground in other ways, which seem to be invisible to the general population. Which means, ,of course, if you don't know. you'll do it again, regardless of this fantasy that tariffs are going to work in the USA 's favour..
(edit).... my error, Australia did not join in the USA's campaign to subdue Grenada.. ( where the natural resources of nutmeg were , apparently, the main attraction.. ... we did dip out on that one, on the grounds that it was a ridiculous exercise, and also, it is a Commonwealth nation, just like Canada is, so my country won't be joining in on the USA's invasion of Canada, for the same reason. ) ..
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The Independent
Richard Branson pleads for Donald Trump to realise ‘mistake’ of his tariff chaos
The founder of the Virgin empire said that with a swift reversal back to sensible economic policy, America and the rest of the world could still avoid the catastrophic fallout of the tariffs, warning against making people everywhere poorer.
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The November midterm election in 2026 is 18 months away. This is when all the seats in the House of Representatives are up for election, and 33 of the 100 Senate seats are up for election, too.
The damage that has been done to the savings, the investment plans, the retirement funds of regular people and the futures of farmers and manufacturers is so severe right now that is highly unlikely to be able to be restored in 18 months, no matter what Trump does. Add inflation or stagflation and you truly have people losing their financial stability and blaming it on the GOP conspiracy.
Probably 99% of people of age 65 will be fixated on their Social Security, the value of any savings, the value of their homes, the stability of Medicare and Medicaid. All they have to do is think back to how they felt on April 1, 2025 and look at their finances to determine which politicians did not work in their interests and need to be removed.
At best, the tariffs are going to stay for months, until the shell show of the GOP tax bill and it's lies and misstatements takes over the news feed. Trump's tax bill is going to get exposed as the act of pure greed and fraud that it is.
At worst, if Trump decides to capriciously reverse the tariffs, he will look like a complete fool, yet the loss of financial stability will reverberate loudly through the minds of those who have the most to lose.
There are 58 million Americans over 65. This is a huge voter block that Trump may have screwed over already.
The damage that has been done to the savings, the investment plans, the retirement funds of regular people and the futures of farmers and manufacturers is so severe right now that is highly unlikely to be able to be restored in 18 months, no matter what Trump does. Add inflation or stagflation and you truly have people losing their financial stability and blaming it on the GOP conspiracy.
Probably 99% of people of age 65 will be fixated on their Social Security, the value of any savings, the value of their homes, the stability of Medicare and Medicaid. All they have to do is think back to how they felt on April 1, 2025 and look at their finances to determine which politicians did not work in their interests and need to be removed.
At best, the tariffs are going to stay for months, until the shell show of the GOP tax bill and it's lies and misstatements takes over the news feed. Trump's tax bill is going to get exposed as the act of pure greed and fraud that it is.
At worst, if Trump decides to capriciously reverse the tariffs, he will look like a complete fool, yet the loss of financial stability will reverberate loudly through the minds of those who have the most to lose.
There are 58 million Americans over 65. This is a huge voter block that Trump may have screwed over already.
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Trump believes that the global reaction to the USA International Trade War will take some time but the markets will rebound. Yes, eventually that will be true, but will it take a month or 5 years? There is little optimism.
"Donald Trump looks back with satisfaction on the announcement of far-reaching import duties that he made on Tuesday. The fact that other countries unanimously reacted disapprovingly and that stock prices on stock exchanges worldwide collapsed does not change that for him.
"That was to be expected," he said in an interview with the press on his way to a golf course in Florida. He compared the U.S. economy to a seriously ill patient undergoing major surgery. "Now the surgery is over and we can rest."
"I think the markets will rebound. Let's give it a chance," Trump insisted. "It's going to take some time." He promised, among other things, the return of businesses and high profits."
...
The World Trade Organization (WTO) yesterday drastically revised its expectations for global economic growth. Previously, it was expecting growth of 3 percent, but now it is expecting a contraction of 1 percent. "I am very concerned about this," said director Ngozi Okonjo-Iweala."
Trump pleased with import duties despite stock market crash: 'It was to be expected'
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Did the USA government finally wake up? They're finally acknowledging that this is a tax on the middle class to cut taxes on billionaires. Republicans have been sitting back confidently stating that Trump is using his intuition, that this is a negotiating ploy. Now they get it. This isn't a negotiation. This is a global trade war based on greed and stupidity. Republicans realize that this is going to wipe out their government control.
"Some of Donald Trump's friends in Washington suddenly sound nervous about him having the keys to the economy. A few are even talking about wrenching them away.
...
And what they reveal is nervousness among Trump allies — on Capitol Hill, which apparently was as stunned by the scope of his tariffs as Wall Street was.
Take Ted Cruz. The Texas senator says he's fine if Trump is doing this as a negotiating ploy. But he's worried Trump might actually be serious about keeping tariffs in place forever.
"In all likelihood, politically, it would be a bloodbath," Cruz said on his podcast Friday. "You would face a Democrat House, and you might even face a Democrat Senate."
...
The Republican also pushed back on the idea that these tariffs will only hurt foreigners, or foreign companies. He said a major American car company told him it now expects to increase the average price of a vehicle by $4,500 by this summer.
...
A couple of Republicans told CNN they're hoping for evidence — quickly — that this is just a negotiating ploy.
...
Speaking of Trump's tariffs, top Senate Democrat Chuck Schumer said they are: "one of the dumbest decisions he's ever made as president — and that is saying a lot." Promoting his party's line, Schumer described the tariffs as a class issue: a de facto tax on the middle class, to generate revenues used for tax cuts on billionaires."
"Some of Donald Trump's friends in Washington suddenly sound nervous about him having the keys to the economy. A few are even talking about wrenching them away.
...
And what they reveal is nervousness among Trump allies — on Capitol Hill, which apparently was as stunned by the scope of his tariffs as Wall Street was.
Take Ted Cruz. The Texas senator says he's fine if Trump is doing this as a negotiating ploy. But he's worried Trump might actually be serious about keeping tariffs in place forever.
"In all likelihood, politically, it would be a bloodbath," Cruz said on his podcast Friday. "You would face a Democrat House, and you might even face a Democrat Senate."
...
The Republican also pushed back on the idea that these tariffs will only hurt foreigners, or foreign companies. He said a major American car company told him it now expects to increase the average price of a vehicle by $4,500 by this summer.
...
A couple of Republicans told CNN they're hoping for evidence — quickly — that this is just a negotiating ploy.
...
Speaking of Trump's tariffs, top Senate Democrat Chuck Schumer said they are: "one of the dumbest decisions he's ever made as president — and that is saying a lot." Promoting his party's line, Schumer described the tariffs as a class issue: a de facto tax on the middle class, to generate revenues used for tax cuts on billionaires."
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New warning for Canadians travelling to the USA
"The federal government has quietly updated its online travel advice to remind Canadians to "expect scrutiny" from border patrol officers if they travel to the United States.
A website with official advice for travellers heading south was updated with a paragraph about the "significant" discretion officers have when it comes to deciding who enters their country — including the power to search phones and laptops.
"U.S. authorities strictly enforce entry requirements. Expect scrutiny at ports of entry, including of electronic devices. Comply and be forthcoming in all interactions with border authorities. If you are denied entry, you could be detained while awaiting deportation," the website now reads.
...
Schwartz said you can refuse a search, but officers can deny you entry to the U.S. They could also seize the phone and try to unlock it themselves or detain the traveller for several hours."
"The federal government has quietly updated its online travel advice to remind Canadians to "expect scrutiny" from border patrol officers if they travel to the United States.
A website with official advice for travellers heading south was updated with a paragraph about the "significant" discretion officers have when it comes to deciding who enters their country — including the power to search phones and laptops.
"U.S. authorities strictly enforce entry requirements. Expect scrutiny at ports of entry, including of electronic devices. Comply and be forthcoming in all interactions with border authorities. If you are denied entry, you could be detained while awaiting deportation," the website now reads.
...
Schwartz said you can refuse a search, but officers can deny you entry to the U.S. They could also seize the phone and try to unlock it themselves or detain the traveller for several hours."
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Fruit, nut growers' profits could bloom as Trump's tariffs anger global markets
Some Australian farmers are expecting to reap the benefits of Trump's trade war as international markets look to source products from other regions.
www.abc.net.au
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It's no longer only Canada stating that the USA is an unreliable trade partner, allies and global trade partners are saying the same thing today. It's not good when the global reputation of the USA is: "unreliable".
Just as Canada has said that Canada will never resume the trade relationship previously enjoyed with the USA, that is now being said around the world. Trump wants to break the USA trade relationships with other countries, and that's done. No going back.
"Eric Miller, head of the Rideau Potomac consultancy in Washington, said this will mean less international trade will take place worldwide, which will reduce consumer choice and hurt people's incomes across the globe.
...
It will underscore to these traditional allies that the United States is not a quote-unquote reliable ally that can be counted on and trusted," Miller told the CBC's Front Burner.
Miller says these changes bring an abrupt halt to the way the world tends to do business.
"You have seen essentially an unmaking of the economic model that the world and North America have pursued since the mid-1980s, where there is less economic interdependence, there's less international trade. There's less openness to international trade," Miller said.
And Miller says that world order could never go back to the way it was before Wednesday."
Just as Canada has said that Canada will never resume the trade relationship previously enjoyed with the USA, that is now being said around the world. Trump wants to break the USA trade relationships with other countries, and that's done. No going back.
"Eric Miller, head of the Rideau Potomac consultancy in Washington, said this will mean less international trade will take place worldwide, which will reduce consumer choice and hurt people's incomes across the globe.
...
It will underscore to these traditional allies that the United States is not a quote-unquote reliable ally that can be counted on and trusted," Miller told the CBC's Front Burner.
Miller says these changes bring an abrupt halt to the way the world tends to do business.
"You have seen essentially an unmaking of the economic model that the world and North America have pursued since the mid-1980s, where there is less economic interdependence, there's less international trade. There's less openness to international trade," Miller said.
And Miller says that world order could never go back to the way it was before Wednesday."
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US job layoffs are spiking. So far, the largest since the height of covid.
So are shares in tobacco, according to this Bloomberg article. Are they anticipating (or seeing) a lot more smoking due to stress? Or maybe tobacco is considered a safe stock to buy because addictions are hard to get rid of, even in times of financial insecurity.
So are shares in tobacco, according to this Bloomberg article. Are they anticipating (or seeing) a lot more smoking due to stress? Or maybe tobacco is considered a safe stock to buy because addictions are hard to get rid of, even in times of financial insecurity.
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For this US beer brewer, tariffs are already delivering some surprises
Virginia brewer Bill Butcher is already dealing with some of the unexpected consequences of Donald Trump's tariffs — including a sudden scarcity of beer bottles.
www.abc.net.au
Trump touts 'great time to get rich' as US markets in worst crisis since COVID
While Wall Street faces its worst crisis since the pandemic, Donald Trump has said "this is a great time to get rich".
www.abc.net.au
Trump is out to destroy the global economic order, and it will cost us all
Donald Trump's tariffs are not a negotiation tactic. They are a very deliberate plan to destroy the liberal global trading and financial system the US itself established. And all of us could pay a heavy price for his attempt to reshape the world order.
www.abc.net.au
Seen through an orange haze.
I bet when he was little he was one of those kids who always kicked and blamed things he accidentally walked into. "Stupid chair!" "Stupid table!"
"Who pushed that red button? What idiot did that?" "Oh yeah, it was me." "Yeah, I meant to, it's a great idea!"
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I'm amazed that the Trump tariffs have flipped the Canadian election upside down. Mark Carney's Liberal Party were on the verge of being wiped out, but now polls are showing it winning a majority government.
Mark Carney’s Liberals consolidate lead over Pierre Poilievre’s Conservatives, polls suggest
Mark Carney’s Liberals consolidate lead over Pierre Poilievre’s Conservatives, polls suggest
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The GOP leadership in the house could put a stop to the madness right now but they won't- they would rather watch the United States be torn apart at the seams, than get on Trump's bad side!
In Britain, Liz Truss was elevated to the Prime Ministership, by the Conservative Party, she being the leader of that Party at the time ,after Boris Johnson tripped up one too many times for the Conservative Party to swallow . He had to go and in came Liz Truss.
She lasted 43 days, I think it was. People said they had lettuces that lasted longer, but how she blotted her copybook was, she suddenly implemented a whacky type , or form, of economics that ,in one day , wiped the English pound off the board and into the gutter, costing the Brits about a trillion pounds ,, AND it increased the cost of Government lending.. she cut taxes on businesses and limited energy prices, and cut regulations.. all in all, it was a disaster, an easily foreseen disaster, and a disaster that will take generations to fix, ....... She had to go, too.
I see that Trump has wiped , in two days, 2.5 trillion , thats TRiLLION dollars off the stock market. The market has a sort of brake that comes into play once it drops 7% in a day...the thing shuts down, no one can trade or buy, it is done to save people from themselves, actually.. .. a 15 minute shutdown automatically kicks in. It makes people, theoretically , stop and take a deep breath and think things thru.... Yesterday it got to 6%.....
I am wondering how long it is going to take before the Republican party bites the bullet on Trump.. . .. when Trump is gone, the Republicans are going to have to spend years, and years, trying to repair their brand... it took 60 years for the Republicans to make a comeback after the Smoot - Hawley tariff debacle.......
She lasted 43 days, I think it was. People said they had lettuces that lasted longer, but how she blotted her copybook was, she suddenly implemented a whacky type , or form, of economics that ,in one day , wiped the English pound off the board and into the gutter, costing the Brits about a trillion pounds ,, AND it increased the cost of Government lending.. she cut taxes on businesses and limited energy prices, and cut regulations.. all in all, it was a disaster, an easily foreseen disaster, and a disaster that will take generations to fix, ....... She had to go, too.
I see that Trump has wiped , in two days, 2.5 trillion , thats TRiLLION dollars off the stock market. The market has a sort of brake that comes into play once it drops 7% in a day...the thing shuts down, no one can trade or buy, it is done to save people from themselves, actually.. .. a 15 minute shutdown automatically kicks in. It makes people, theoretically , stop and take a deep breath and think things thru.... Yesterday it got to 6%.....
I am wondering how long it is going to take before the Republican party bites the bullet on Trump.. . .. when Trump is gone, the Republicans are going to have to spend years, and years, trying to repair their brand... it took 60 years for the Republicans to make a comeback after the Smoot - Hawley tariff debacle.......
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A quote from the article -Rolling Stone online April 4, 2025 article by Nikki McCann Ramirez and Asawin Suebsaeng entitled “Trump Shares Video About How He is ‘Purposely Crashing the Stock Market’”:
Trump Shares Video About How He Is 'Purposely Crashing the Stock Market'
Donald Trump shared a video claiming he was intentionally crashing the stock market, prompting confusion from his supporters.www.rollingstone.com
The article states that allies of the president and ex-officials told Rolling Stone they were “at a loss for words” when asked about the video.
Whether or not this is being done either deliberately or by other means, needs to IMO be investigated. And if other action needs be taken to prevent such or correct for it that is also IMO warranted.
And if any action is deliberate this is affecting people’s financial soundness and well being. SMH. MOO
“I suppose one way to induce the Fed to lower rates would be to crash the economy but that seems in line with the viewpoint among the mercantilists in this administration, that crashing our economy is a way to solve the trade deficit. If Americans can no longer afford to buy goods and services it does solve the trade deficit. I’m kind of at a loss for words."
We seem to be at the 'in order to liberate the village it became necessary to destroy it' stage.
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We're also in the era of the people who live by 'move fast and break things' running the world.
MOO
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