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tdgeek
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  #3350541 5-Mar-2025 19:23
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thermonuclear:

 

If the US and Ukraine have indeed signed the minerals deal then it can only be because Trump has got off his high horse from last Friday and the "cave", as it were, has been his. He wanted to trumpet his apparently awesome deal-making skills and it was him that had most to lose by turning up to Congress empty handed in this respect.

 

No apology from Zelensky that I have seen in the media. Well played Ukraine, well played Europe. The first of many climb downs in Trump's future I would hope.

 

 

I agree with the latter points, but I feel Zelensky has caved. Not because he is weak, but unlike Trump and Putin, he has put his country and his people first. I am super happy he didnt apologise. 

 

Its a real FFS moment, this isnt just another war, its a world changing event, down to a couple of idiots that represent millions of people, which post election or in one case post fake election (Putin) . Now watch the two monopoly players, play. With the other 8 billion of us


tdgeek
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  #3350544 5-Mar-2025 19:31
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kingdragonfly: Regarding tit-for-tat tariffs against Canada, the US will be feeling it in a month, literally the next time millions of Americans get their next power bill.

Canada has historically been a significant supplier of electricity to the United States. In 2022, the U.S. imported approximately 42 terawatt-hours (TWh) of electricity from Canada.

Some of the states most reliant on Canadian electricity include New York, Maine, Vermont, and Minnesota.

The average American household uses about 10,000 kWh of electricity per year.

If you divide 42 TWh by the average household consumption, that means Canadian electricity exports could supply power to about 4.2 million U.S. households annually.

The value of Canadian electricity exports to the U.S. was US $3.2 billion in 2023.

Ontario will cut off U.S. electricity exports 'with a smile on my face,' Ford says: Toronto Sun
...
Ontario Premier Doug Ford doubled down on threats to cut electricity exports to U.S. border states if the tariffs go through.

“If they want to try to annihilate Ontario, I will do everything — including cut off their energy with a smile on my face,” Ford told reporters.

“They rely on our energy, they need to feel the pain. They want to come at us hard, we’re going to come back twice as hard.”
...

 

Your detail is great, thanks. Auto wise, Canada and Mexico are a big part of an American made car. Tariffed. 

 

Trumps tariffs (aka a tax on US consumers paid to US Treasury) will make trillions. But he seems to be using them as a bully tactic. Already, negotiations are in place so that Canada  and Mexico get off. Ideally they should accept them to put the US economy and inflation and angst, under pressure (easy for me to say from my couch)  


Ge0rge
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  #3350548 5-Mar-2025 19:46
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I'd absolutely love to see Canada turn off their oil and electricity to the US. I wonder who would blink first?


kingdragonfly
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  #3350552 5-Mar-2025 19:54
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Transgender women are nearly 50 times more likely to be infected with HIV than other adults, according to one study from 2013 across 15 countries, including the US.

The NIH awarded a total of $477,000 to three projects over two years that involved administering feminizing hormone therapy to monkeys to understand how it may affect their immune system and make them more susceptible to HIV.

One Republican lied and multiplying it by 4 to $2 million. And Trump took that figure and again multiplied it by 4.

“$8 million for making mice transgender. This is real,” said Donald Trump as he called out the Biden administration for spending taxpayer dollars on “transgender mice and other gender-bending social experiments” overseas.

Tinkerisk
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  #3350554 5-Mar-2025 19:59
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Ge0rge:

 

I'd absolutely love to see Canada turn off their oil and electricity to the US. I wonder who would blink first?

 

 

Me too. But I would just do it quietly without any fanfare or grand announcements - it's much more exciting. Ideally, during a speech by the POTUS on television. 😉





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  #3350563 5-Mar-2025 21:12
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kingdragonfly:
Key takeaways from Trump's address to joint session of Congress: The Guardian

 

"Crazy old man moves even closer towards completely losing the plot".


quickymart
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  #3350564 5-Mar-2025 21:31
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An economist explains (in quite good layman's terms, I thought) why the orange buffoon's tariffs won't quite have the desired effect he's told everyone they will:

 


Tinkerisk
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  #3350574 5-Mar-2025 22:01
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This clearly shows that the financial „genius“ of his ancestors was NOT passed on to Donald - just like in Disney’s Ducktales. 😈 Except that in reality there is no Huey, Dewey, and Louie to stop him from doing the worst nonsense. Daisy (Melania) is out anyway, as long as she can shop unmolested. There's no other way I can explain how a low-flying laughingstock scammed his millions.





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tdgeek
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  #3350603 6-Mar-2025 08:48
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Ge0rge:

 

I'd absolutely love to see Canada turn off their oil and electricity to the US. I wonder who would blink first?

 

 

They are having talks, I hope Canada doesn't cave and agree to auto parts as an exemption

 

That's like tariff us to hurt us, but you can exempt auto parts as that hurts US car industry


kingdragonfly
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  #3350605 6-Mar-2025 09:05
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In 1930, another Republican president Herbert Hoover signed a 20% tariff.

The Smoot-Hawley Tariff Act was signed into law on 6 months after the Great Depression began.

President Hoover said it was to protect the agricultural sector from foreign competition.

The bill, was opposed by more than one thousand economists, who warned Hoover of a dramatic downturn in US trade with other countries, especially from those that retaliated.

As the bill was unpopular, congress members engaging in "logrolling": mutual back-scratching in politics "I'll support your bill if you support mine."

The impact of the Smoot-Hawley Tariff Act was, as predicted, highly damaging to the United States, with estimates of imported goods, many of which were needed by US industry and commerce, plummeting by nearly half.

The tariffs also caused shock waves to global trade as other nations deployed protectionist policies, resulting in an estimated half of the 25% decline in world trade.

It worsened the great depression.

So Trump is another Republican President ignoring economic advice.

SaltyNZ
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  #3350606 6-Mar-2025 09:15
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Ge0rge:

 

I'd absolutely love to see Canada turn off their oil and electricity to the US. I wonder who would blink first?

 

 

 

 

Plenty of other countries wanting oil & gas although turning it off overnight, as it were, is probably not possible - there will be futures contracts already bought & paid for that must be honoured.





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lachlanw
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  #3350617 6-Mar-2025 11:01
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“He told them they should get on it, start investing, start moving, shift production here to the United States of America, where they will pay no tariff."

 

Probably gonna need more than a month on that one. 


tdgeek
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  #3350618 6-Mar-2025 11:12
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lachlanw:

 

“He told them they should get on it, start investing, start moving, shift production here to the United States of America, where they will pay no tariff."

 

Probably gonna need more than a month on that one. 

 

 

Yes, 30 months not 30 days, even that's tight

 

So these auto tariffs are to bring car manufacturing back to the US. But when he talked to Trudeau today, its about Fentanyl. But in the election they are about making trillions. (i.e. US buyer pays US Treasury)

 

Which is it?  


wellygary
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  #3350626 6-Mar-2025 11:44
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tdgeek:

 

Typical

 

https://edition.cnn.com/2025/03/05/business/tariffs-autos-mexico-canada-paused/index.html

 

 

"The USMCA is the largest, most significant, modern, and balanced trade agreement in history. All of our countries will benefit greatly. - President Donald J. Trump - January 2020"

 

https://trumpwhitehouse.archives.gov/briefings-statements/president-donald-j-trumps-united-states-mexico-canada-agreement-delivers-historic-win-american-workers/

 

The USMCA helped the continuation of the integration of the US-CAD-MEX economies, they are all irrevocably joined at the hip,,,

 

 

 

Trump cannot stop this with Tariffs without significant pain for the the US consumer... 


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