859
Trudeau announces 25 per cent retaliatory tariffs on U.S. goods starting Tuesday
(toronto.citynews.ca)
this post was submitted on 02 Feb 2025
859 points (99.4% liked)
News
24300 readers
5793 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
So from the conservative viewpoint, what is the rationale for the tariffs? Are people really supposed to believe it has something to do with fentanyl? Like do conservatives actually believe that or is there some other narrative besides Donald Trump is looking to flex his power?
I believe a couple different things
a) he's intentionally weakening the US economy to both weaken establishment institutions and spread mass discontent. he wants people nice and angry and fearful for the future. so when he takes more extreme actions later on, it doesn't seem as bad. also he's probably preparing for some sort of riot movement that includes political violence in the next couple years. as the establishment gets weaker, he'll be in a better position to essentially ignore them. so for example Supreme Court says something unconstitutional? Maybe he just ignores it and enforces his will regardless
b) in the near future we may see a serious decoupling of the US economy from the world. maybe it's due a planned war or some other circumstance and this is in preparation for that. tariffs tend to cut off the economy from the outside world. it'll hurt less later on if we do some of it now
It's not conservatism, it's fascism. The strongman says jump and those loyal to him say "how high?" even when he's being stupid. There is no analysis of Trump's actions or why people go along with it beyond that.
For the most part it's not getting the kind of attention you might expect, they are seeing this as all "part of the plan" and celebrating their great trade-warrior leader punishing the "bad guys" and the white house has deliberately withheld a LOT of the information about what's going on. Most of the breaking stories we've gotten have been from foreign press. We didn't even hear the tariff schedule until fucking France media issued stories.
There is not going to be the satisfaction we all hope for, not until there's literally a new dust-bowl as we get ravaged by a new great depression, which as bad as it could be, might be our only hope for a more balanced political system going forward. I hate that these clowns have made me into an accelerationist but here are.
He's talking about Canada being 51st state. So not sure if he wants to just annex Canada.
Back in 1890, there was no income tax. The federal government was funded through tariffs. With the upcoming rewrite of the tax code, the current administration needs new revenue, and trariffs are one of the few the president cab levy unilaterally.
Tariffs are essentially a shitty sales tax. I've read it described as a way to switch the US federal funding from I come tax to a hidden sales tax.
The revenues will also be much much lower, which is why they need to eliminate every federal bureau.
Yeah I'm confused because this is going to ruin American billionaires. Doesn't maga worship billionaires?
If you have the money to ride it out you can buy the country for pennies on the dollar.
I had to chuckle about this comment. I said that same thing in a rant to family and friends last night including using the words "for pennies on the dollar"