Tariffs Catch-All

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Ryan Turnbull, Liberal MP, responding to Trump calling off trade negotiations, reminds me of Letterkenny hockey players being interviewed.​





 
Canada won't be under the thumb of big American tick any more.


Faraone, an associate professor of chemistry, will lead the Canadian Tick Research and Innovation Centre at Acadia University.

While Faraone's team currently studies ticks, the new facility will be a dedicated research centre focused on breeding ticks, testing repellents and researching tick-borne diseases. It will be the first facility of its kind in Canada.

"It's very important for protecting the public," Faraone said. "We know very well, especially for Nova Scotia, that it's the province with the highest number of ticks per capita, that they can be a burden for public health."

Researchers depend on lab-bred ticks because it insures they are disease-free.

Currently, there is just one known facility that breeds ticks in North America, said Faraone. The tick-rearing facility at Oklahoma State University sells them for $5 each.

The research centre at Acadia will officially open in the spring, but Faraone said it will take a year to build up stocks of the ticks and get to work.
 


Bessent is worth about $500 million. He rents out land to farmers for about $1 million/year in income. That is not the same as being a farmer. He has actually been delaying his ethical obligation to divest his interests in that North Dakota farmland since he was appointed.


Anyway, in his answer he implies there is an actual deal with China but it won’t be announced until Xi and Trump meet.
 

Chinese and U.S. officials tentatively agree to avert 100 percent tariffs​

The announcement marked a significant de-escalation of a volatile trade war ahead of Trump’s Thursday meeting with Xi.


“…
Bessent suggested in an interview with ABC News that China would defer the restrictions for about a year, although Chinese readouts included no details about a deferral of rare-earth restrictions. He also said the countries had made progress on a deal to bring relief to U.S. farmers who have struggled under China’s boycott of U.S.-grown soybeans

Additionally, Bessent said, the countries have reached a “final deal” on TikTok, which Trump had promised to restructure to avert a ban of the popular social media app in the United States.
Congress enacted the ban, and President Joe Biden signed it, to address national security concerns related to the app’s Chinese parent company ByteDance. Trump last month signed a deal that would spin off the app to a group of mostly American investors, including some of his top political allies.

The countries will also work together to address the fentanyl epidemic, which Trump has called an emergency and used as a pretense to implement tariffs against China.…”
 
nycfan said:

Chinese and U.S. officials tentatively agree to avert 100 percent tariffs​

The announcement marked a significant de-escalation of a volatile trade war ahead of Trump’s Thursday meeting with Xi.


“…
Bessent suggested in an interview with ABC News that China would defer the restrictions for about a year, although Chinese readouts included no details about a deferral of rare-earth restrictions. He also said the countries had made progress on a deal to bring relief to U.S. farmers who have struggled under China’s boycott of U.S.-grown soybeans

Additionally, Bessent said, the countries have reached a “final deal” on TikTok, which Trump had promised to restructure to avert a ban of the popular social media app in the United States.
Congress enacted the ban, and President Joe Biden signed it, to address national security concerns related to the app’s Chinese parent company ByteDance. Trump last month signed a deal that would spin off the app to a group of mostly American investors, including some of his top political allies.

The countries will also work together to address the fentanyl epidemic, which Trump has called an emergency and used as a pretense to implement tariffs against China.…”
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Sounds as if TACO has struck again!
 
Trump’s meltdown about the ad from Canada has been pretty funny. Personally I thought if whomever created the ad manipulated it to send a message Reagan didn’t intend it would be easy to just release the full speech. Here it is.

Looks like the hat is wrong again. Trump isn’t right about everything.

 
Mulberry Heel said:
Sounds as if TACO has struck again!
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Once someone had a chance to do a quick crypto dump based on his Friday aftermarket threat of the 100% tariff, starting the Sunday night before the stock market reopened, Trump has been clear that the additional tariff is a threat intended to move negotiations with China forward in time to announce something on this Asia trip. It’s why he chose a November 1 start date — after the trip ends. It is also likely window dressing for the argument to SCOtUs to support the Administration argument that tariffs really are another foreign policy tool reserved to the commander & chief.

Now, if the alleged deal craters in the meantime and he still declines to apply the tariff increase, then THAT would be a TACO.
 
ChileG said:
Do the Trump voters here realize how embarrassingly stupid that is? Serious question, I’m curious if you just don’t care that the basis of our new economic policy is just a complete misunderstanding of how anything works.
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It’s logical when you acknowledge Trump isn’t trying to help the economy and is intentionally distressing assets to make the consolidation of assets even easier for the billionaires.
 
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