What the fuck. Enough of the talk enough of the threats. Wake up and pass them. Put the 25% taxes on canada and mexico today, right nowwwwwww and be done with it. Politicians are fucking liars. https://www.cnbc.com/2025/01/29/stock-market-today-live-updates.html
Tariffs will cripple globalism, think of DC and Brussels as head lice and Trump as a dose of ivermectin.
The one that makes me laugh is the threat of 100% tariff on chips from Taiwan, at a time when the demand is skyrocketing. I can't wait for Taiwan to , stop shipping them to the US and sell them to China, India and everywhere else in the world. That would put a damper on US based AI development as the 7 move their AI warehouses in Canada and Mexico.
You know how sometimes you break a commonsensical rule in your trading, but end up being rewarded with a profit (whereas if you had followed your rules, you would have a loss), and that reinforces your worst gamblling devils and then of course you keep breaking your rules until you get your ass handed to you...? Threaten tariffs! -- Colombia narco government backs down (imho, not because of the tariffs, but because of the personal sanctions, but that's another story) -- THREATEN MORE TARIFFS! Now, he'll probably get some additional concession by Mexico or Canada... and keep upping the bet until he bets one too many times (maybe Taiwan as you point out, maybe something else) and makes the US bankrupt. And of course then he'll blame it on DEI or the gays, or Pelosi's husband or that pizza parlor or whatever... and the MAGA crowd will still buy it.