this post was submitted on 05 Mar 2025
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I thought the reason for trashing trade agreements and taking a wrecking ball to the Canadian economy with extreme tariffs was because of fentanyl coming from Canada at the border?

Apparently not, says Trump, from his speech at Congress tonight: “... Tariffs are about making America rich again and making America great again”.

By his own words, he has just shown his big lie.

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[–] Mycatiskai@lemmy.ca 9 points 2 hours ago (1 children)

It's about making America Reich.

[–] mavu@discuss.tchncs.de 1 points 33 minutes ago

For the non-german speakers, this is smart and funny because "Reich" (as in "third-reich") means something like "empire", but also "rich".

[–] theacharnian@lemmy.ca 2 points 3 hours ago

Fuck Donald Trump.

[–] olafurp@lemmy.world 8 points 4 hours ago

This guy is trying to bring back mercantilism.

[–] humanspiral@lemmy.ca 8 points 8 hours ago

Very disturbing.

US has an auto surplus with Canada. Vast overall trade, with exports 2% of GDP.

Tariffs are a sales tax that is somewhat regressive. What he's saying is more tax cuts for the rich can be financed by taxes on the non rich, but with a cost to production/output/employment too. Canada should be acting now, but sooner or later, if auto and other industry is destroyed, there are much higher value options than what's made in US, (and we subsidize auto industry heavily) and blacklisting US goods in Canada is not going to make the US richer, even if the oligarchs get lower taxes.

But the supremacist attitude to destroy Canada, whether or not "it pays off", is a betrayal that needs counter actions/diplomacy with others now instead of waiting/hoping that supremacist domination will be rationalized away.

[–] sunzu2@thebrainbin.org 11 points 10 hours ago (1 children)

In america the rich eat the poor

[–] 60d@lemmy.ca 3 points 2 hours ago (1 children)

In Mother Russia, the rich eat the poor.

FTFY

[–] spirinolas@lemmy.world 1 points 1 hour ago

That's what he said, america...

[–] Itdidnttrickledown@lemmy.world 31 points 13 hours ago

By america he means the rich folks.

[–] Voroxpete@sh.itjust.works 70 points 16 hours ago (3 children)

So they're illegal then?

Trump was only able to enact these tariffs without sign off from Congress (which he would absolutely not get) because they were enacted under the International Emergency Economic Powers Act. The act allows the president to apply certain controls over the economy so long as they're in response to a national emergency. At some point a while back either Trump or Biden, I forget which, declared a state of emergency over fentanyl. Trump is now using the tiny trickle of fentanyl coming from Canada as his justification for these tariffs because has to connect them to a state of emergency to enforce them.

If they're actually about making America richer (no matter how wrong he is about how that works) then they need approval by congress to go into force. Every single affected business in America should have standing to sue over that.

[–] Phil_in_here@lemmy.ca 38 points 13 hours ago (1 children)

Oh no, their convicted felon president who faced zero repercussions is committing another crime! I'm sure the US legal system will provide justice.

I agree that people should be made aware, but replace "sue" with "riot".

[–] Randomgal@lemmy.ca 11 points 8 hours ago (2 children)

Trust me bro. One more lawsuit and it's over trust me bro. Just one more.

[–] Phil_in_here@lemmy.ca 7 points 8 hours ago (1 children)

A man can only stand so many finger wags!

[–] samus12345@lemm.ee 7 points 8 hours ago

It's when they furrow their brows that you know they're really serious!

[–] samus12345@lemm.ee 6 points 8 hours ago

The walls are closing in on Trump!

[–] lineofkings@lemmy.ca 5 points 10 hours ago

Absolutely right. He knows what he’s doing. He’s messing with the law expertly for years.

Well he went through his normally fentanyl crisis bs, then let this slip out about tariffs would make America rich.

Americans aren’t pushing back yet because they believe his lies AND believes it will make his country rich.

[–] cyborganism@lemmy.ca 12 points 13 hours ago (1 children)

Who's gonna do anything about it anyway ? They're all in on it.

[–] Crikeste@lemm.ee 3 points 10 hours ago (1 children)

Who is they? American business owners? Because while you might see the big public players on a stage with Trump, the private sector of business is a an extremely diverse group. They don’t support Trump by virtue of their existence, just because they’re businesses.

[–] Voroxpete@sh.itjust.works 3 points 8 hours ago

And they're definitely not a fan of his obsession with tariffs. Just look what's happening to the stock market.

[–] Peppycito@sh.itjust.works 32 points 15 hours ago (2 children)

Okay, so it absolutely was market manipulation. A dump and pump. Cue the tariffs to be rescinded this afternoon.

[–] Barbarian@sh.itjust.works 15 points 12 hours ago (2 children)

If it was intended to be a dump and pump, it's not going to work. Companies aren't going to reestablish supply chains just to get rugpulled later. More important than price and quality is consistency. Just the uncertainty alone will have an effect for years.

[–] The_v@lemmy.world 12 points 11 hours ago

Yep look at the soy export market. After Trump's last fiasco on 2018 and Biden not reversing the idiot, Brazil has replaced the U.S. as the top exporter in the world.

[–] humanspiral@lemmy.ca 2 points 8 hours ago

In addition to huge costs of new plants, and finding replacements for skilled Canadian workers, there would be loss of Canadian market for those vehicles. China has better value cars, and US made cars would go way up in price to recoup those investments.

He lost the 2020 election for screwing up the US over Covid. A bigger recession won't help the midterms or 2028 "president for life decree".

[–] lineofkings@lemmy.ca 6 points 10 hours ago

Holy gawd you’re right. Ultimate evil.

[–] CitizenKong@lemmy.world 55 points 19 hours ago (1 children)

He's missing an "e" there. It's about making America Reich.

[–] YesButActuallyMaybe@lemmy.ca 4 points 11 hours ago

Everyone knows a Reichsbürger beats a regular burger.

[–] pivot_root@lemmy.world 52 points 19 hours ago (4 children)

The fun part about Trump's voter base is that when you point to this, they'll still say it was about fentanyl. That's the beauty of presenting contradictory facts: idiots will cherry-pick whichever one they think makes themselves correct and everyone else wrong.

[–] WhatAmLemmy@lemmy.world 30 points 16 hours ago (1 children)

They're not just idiots. They're indoctrinated to the point of extreme mental illness; they're a danger to society, and themselves.

[–] CompleteUnknown@lemmy.world 7 points 12 hours ago (1 children)

They think they're in on the game. When they finally find out they're not, it's going to be a rude awakening and too late.

[–] datavoid@lemmy.ml 8 points 12 hours ago

You underestimate the cognitive dissonance of the average Trumper, there will be no awakening

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[–] TheFeatureCreature@lemmy.ca 115 points 23 hours ago (4 children)

The words of a weak, pathetic man.

[–] Daelsky@lemmy.ca 49 points 23 hours ago (9 children)

I listened to it with my dad. Horrible. This guy is mentally ill and doesn’t comprehend what tariffs do. It will crash America’s economy and squeeze even harder the middle class there. Unless that’s what he wants..

[–] Mirshe@lemmy.world 6 points 12 hours ago

No no, it'll make AMERICA (Trump's America, the billionaire and multimillionaire class) wealthier. That's what they want. The entire idea is to effectively crush whatever little middle class is left, and make the lower class dependent upon the whims of the aristocrats like him.

Basically, we're rapidly sliding back towards feudalism, with us as the serfs.

[–] piccolo@sh.itjust.works 4 points 12 hours ago* (last edited 12 hours ago)

Just like how noone was punished for the great recession as corporations grabbed people's homes. They are salivating over the idea of doing that at a massive scale.

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[–] adarza@lemmy.ca 92 points 22 hours ago* (last edited 22 hours ago) (15 children)

translation for the masses: it's about "making america's rich, richer". he don't give a fk about you or me or anyone else. just those very few at the top (and even then, he don't care about them, either, unless they're giving him a cut or are a pathway to power)

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