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Posted
On 7/1/2025 at 11:32 AM, The Frankish Reich said:

So Trumpies, help me to understand:

 

- we need tariffs to bring back the basic production jobs that have largely moved overseas to take advantage of cheaper labor.

- therefore, we should put tariffs on foreign goods, including agricultural products, to encourage U.S. production

- but we cannot grow tomatoes economically in the United States without foreign labor

- so we should import (provide some kind of "pass" according to Trump; we call that a work visa)  Mexicans to come and pick our tomatoes here

 

In what way, then, does a tariff on tomatoes protect American jobs?

 

I like that you've shifted from eggs to tomatoes.

 

giphy.gif    giphy.gif

Posted
23 minutes ago, JFKjr said:

 

I like that you've shifted from eggs to tomatoes.

 

giphy.gif    giphy.gif

Hah! I have no need for store-bought tomatoes until mid-October. I just picked the first ripe ones of the year.

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Posted

 

 

Trump’s 'Take It or Leave It' Tariff Blitz Is Bigger Than Monday

David Manney 

 

e734ed16-f278-4249-9e73-9a7b47dbd04b-105

 

Need another example of 'this isn't your grandfather's president"?

 

Forget quiet, back-channel diplomatic communications. President Trump grabbed a bullhorn, walked into the center of a mass of people, and blasted five words that reverberated off the walls: 

 

"Take it or leave it!"

 

Twelve countries will receive letters from the president tomorrow, notifying them that their 90-day grace period is about to expire, much like a person realizing too late that their coffee was not decaf.

 

If they miss their July 9 cutoff, tariffs of up to 70 percent will hit them like a falling piano on a sidewalk.

 

The FO'd, and now they will FA.

 

A soft handshake of sorts was shared in April in the form of a 90-day grace period. This was the quiet warning that's been in diplomatic circles for generations.

 

Except those circles have been made irrelevant.

 

Treasury Secretary Scott Bessent cut to the chase:

 

 

Those countries will be staring at that letter the way I used to when receiving service interruption notices without having a job.

 

The president isn't pressuring them; he's simply following through on what he said he'd do.

 

Instead of wanting to play fair with our country in trade, some of those countries seem like they're "going to the mattresses."

 

Australia is sending warnings about increasing prices. Dairy farms in Canada are holding their breath. Manufacturers in Mexico have been holding emergency meetings. 

 

With industries totally depending on American buyers, it seems that nobody wants to be on the receiving end of a 70 percent slap.

 

Rebalancing trade imbalance should have taken place a long time ago. One penny at a time, we've been bled dry over decades, resulting in a $12 trillion deficit. That amount isn't abstract; over time, it was factory shut-downs, pensions disappearing, and vibrant towns dependent on "the mill" being quiet.

 

{snip}

 

This isn’t Grandpa’s diplomacy. It isn’t a slow-burn compromise. This is fast, intentional leverage. This is American comeback energy.

 

Whether they sign by July 9 or not, the message is the same: we’ve noticed the imbalance. We’re not silent anymore. And we expect fair play, because we built the market that enables the world.

 

Trump just stopped waiting. And, like it or not, the rest of the world will.

 

https://pjmedia.com/david-manney/2025/07/06/trumps-take-it-or-leave-it-tariff-blitz-is-bigger-than-monday-n4941481

 

Posted
On 7/2/2025 at 6:47 PM, B-Man said:

 

 

Let's see......................

 

Should I believe The US Secretary of commerce, with decades of financial experience  or  Doc Brown ?

 

 

Doc Brown.  Vietnam won't pay a penny.

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Posted
6 hours ago, B-Man said:

 

 

Trump’s 'Take It or Leave It' Tariff Blitz Is Bigger Than Monday

David Manney 

 

e734ed16-f278-4249-9e73-9a7b47dbd04b-105

 

Need another example of 'this isn't your grandfather's president"?

 

Forget quiet, back-channel diplomatic communications. President Trump grabbed a bullhorn, walked into the center of a mass of people, and blasted five words that reverberated off the walls: 

 

"Take it or leave it!"

 

Twelve countries will receive letters from the president tomorrow, notifying them that their 90-day grace period is about to expire, much like a person realizing too late that their coffee was not decaf.

 

If they miss their July 9 cutoff, tariffs of up to 70 percent will hit them like a falling piano on a sidewalk.

 

The FO'd, and now they will FA.

 

A soft handshake of sorts was shared in April in the form of a 90-day grace period. This was the quiet warning that's been in diplomatic circles for generations.

 

Except those circles have been made irrelevant.

 

Treasury Secretary Scott Bessent cut to the chase:

 

 

Those countries will be staring at that letter the way I used to when receiving service interruption notices without having a job.

 

The president isn't pressuring them; he's simply following through on what he said he'd do.

 

Instead of wanting to play fair with our country in trade, some of those countries seem like they're "going to the mattresses."

 

Australia is sending warnings about increasing prices. Dairy farms in Canada are holding their breath. Manufacturers in Mexico have been holding emergency meetings. 

 

With industries totally depending on American buyers, it seems that nobody wants to be on the receiving end of a 70 percent slap.

 

Rebalancing trade imbalance should have taken place a long time ago. One penny at a time, we've been bled dry over decades, resulting in a $12 trillion deficit. That amount isn't abstract; over time, it was factory shut-downs, pensions disappearing, and vibrant towns dependent on "the mill" being quiet.

 

{snip}

 

This isn’t Grandpa’s diplomacy. It isn’t a slow-burn compromise. This is fast, intentional leverage. This is American comeback energy.

 

Whether they sign by July 9 or not, the message is the same: we’ve noticed the imbalance. We’re not silent anymore. And we expect fair play, because we built the market that enables the world.

 

Trump just stopped waiting. And, like it or not, the rest of the world will.

 

https://pjmedia.com/david-manney/2025/07/06/trumps-take-it-or-leave-it-tariff-blitz-is-bigger-than-monday-n4941481

 


No, it’s not “grandpa’s presidency” because we’ve never had a president actively increase taxes on American citizens like this. 

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Posted

And don't forget that the Court of International Trade has already found that Trump was without authority to enact these tariffs. That decision is stayed pending appeal, but there's a very good chance it will be upheld.

Posted
8 minutes ago, Roundybout said:


Who pays the tariff?

 

 

No. 

 

Do not bother

 

You are  not honest with your answers.

 

Unlike you I can remember back a few months ago with the 'temporary' raising of tariffs on China, Canada and the EU    (50. 60. 90 %)

caused the "crash" of the economy" and Wall Street.

 

Oh wait, that lasted all of one week.

 

Remember that ?

 

Go back 40 pages and look,

 

You were trying the same childishness then

 

 

 

 

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Posted
5 minutes ago, B-Man said:

Unlike you I can remember back a few months ago with the 'temporary' raising of tariffs on China, Canada and the EU    (50. 60. 90 %)

caused the "crash" of the economy" and Wall Street

Well, it most certainly caused the markets to go down more than 10%, which is nothing to sneeze at.

And then the Trump TACO play most certainly caused it to rebound.

 

And now we go again.

 

  • Like (+1) 1
Posted
4 minutes ago, The Frankish Reich said:

Well, it most certainly caused the markets to go down more than 10%, which is nothing to sneeze at.

And then the Trump TACO play most certainly caused it to rebound.

 

And now we go again.

 


Personally, I wonder how much of what stability the market has shown is due to investors not believing we’d be stupid enough to keep doing this. 

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