The tariffs Trump has imposed are on average half of the tariffs already imposed on the US by the nations tariffed.
Let that sink in!
The US since WW2 has had 100% open markets and few trade barriers, but the other nations of the world have not.
Instead, they have kept protectionist economic policies and played a game of mercantilism with the US.
Supported by American Corporations who earned big profits at the expense of American workers by offshoring their jobs.
One-sided "Free Trade" has been absolutely crippling for the US workers. The World needs "Fair Trade", not "Free Trade". Free Trade has never been "Free". Just a utopian dream.
America has carried globalism on its back for 80-years now at a tremendous cost to the American taxpayers. Partially responsible for the US having the biggest national debt in the history of the world.
The current debt, deindustrialization, dependence on other countries for products, and the abuse of America by other nations' protectionary trade is an existential threat to the survival of America. (In much the same way as Putin and Russia see the expansion of NATO as an existential threat to the survival of Russia.)
"The tariffs Trump has imposed are on average half of the tariffs already imposed on the US by the nations tariffed. Let that sink in!"
That's not true vis-a-vis your 158 year-old friend, neighbour and close ally, Den. Prior to Trump's unprovoked 2025 trade war on Canada, 99%+ (by dollar value) of the trade between Canada and USA was free trade (zero tariffs) as per the Trump-built, -negotiated and -signed "best trade deal ever" USMCA.
Trump has hit Canada hard and promises more and regularly told us that he was doing so to "destroy [our] economy" in order to "weaken" us so badly that he will then "annex" us. Blatant, in-yo-face existential threats. Nice guy.
When a reporter once asked Trump if he would ever [militarily] invade Canada, he dismissively replied: "No, that's an economic takeover."
The USA put itself in an awful position living like pigs with insatiable consumption and put it all on their children's backs financed by the Fed pulling fiat US$ out of its own butt.
Let that sink in!
-----
Yes, TPTB chose the US$ to be our world reserve currency. The US Fed that TPTB built (in part by hoodwinking all detractors on to the Titanic, literally) in 1913 could then, post-WWII, create "money" for all of earth by pulling paper (and later digits) out of their butts like the hocus-pocus they practice.
Not bombed to hell by the TPTB's USA MIC, the USA then solidified its world-leader status in research, design, production, innovation, you name it. World leader by a country mile from 1945 to 1971.
Then, in August 1971, Nixon detethered the US$ from gold.
Then, in the ensuing half a century, the USA transitioned itself from the shining beacon light on the hill to a swine/bully that is suddenly angry at McDonalds and Burger King for all the money that he spent there only to get fat.
"Oh! Oh! Oh! I stopped working, watched Oprah and ate Bonbons all day and now I'm fat! It's the world's fault!"
And you financed this despicable metamorphosis on the backs of your children putting them in hawk to Rothschilds and all they had to do was have underlings pull "money" out of their butts. Americans would shake their heads in grave concern about putting all this debt (now, ostensibly, at $36T) on their own kids and grandkids, do the Dem/GOP Hokey Pokey and go bomb Cambodia or Serbia or Sudan or Yemen or what have you.
Good one.
-----
"America has carried globalism on its back for 80-years now at a tremendous cost to the American taxpayers. Partially responsible for the US having the biggest national debt in the history of the world."
You've been had, Dennis. You lived high on the hog consuming everything you could, like swine, for decades and put it all on your credit card and now you're the victim? Ya think?
Ironically, you are the victim - you just don't recognize who the perp is. You don't see that it was the same PTB that allowed world trade to evolve from 1971 "best in the world" to 2025 meth addicts.
-----
Trump 2.0 is about, in part, engineering an economic disaster that will make 1929 seem like tiddly-winks, administer the bankruptcy of the US$ and smash Greenland, Canada and USA into the Club of Rome's New World Order's Region 1 - North American Union (NAU).
This 2025 trade war was engineered since way before WWII and Trump is just playing his role. Truly.
You drove a Toyota during the Reagan Administration? Were you a commie pinko back then?
At 16 I didn't even know what a commie was.
What is your excuse for being one now?
I'm not a commie. As I've expressed many times, I'm the complete opposite of a commie. I'm all for free trade.
The tariffs Trump has imposed are on average half of the tariffs already imposed on the US by the nations tariffed.
Let that sink in!
The US since WW2 has had 100% open markets and few trade barriers, but the other nations of the world have not.
Instead, they have kept protectionist economic policies and played a game of mercantilism with the US.
Supported by American Corporations who earned big profits at the expense of American workers by offshoring their jobs.
One-sided "Free Trade" has been absolutely crippling for the US workers. The World needs "Fair Trade", not "Free Trade". Free Trade has never been "Free". Just a utopian dream.
America has carried globalism on its back for 80-years now at a tremendous cost to the American taxpayers. Partially responsible for the US having the biggest national debt in the history of the world.
The current debt, deindustrialization, dependence on other countries for products, and the abuse of America by other nations' protectionary trade is an existential threat to the survival of America. (In much the same way as Putin and Russia see the expansion of NATO as an existential threat to the survival of Russia.)
"The tariffs Trump has imposed are on average half of the tariffs already imposed on the US by the nations tariffed. Let that sink in!"
That's not true vis-a-vis your 158 year-old friend, neighbour and close ally, Den. Prior to Trump's unprovoked 2025 trade war on Canada, 99%+ (by dollar value) of the trade between Canada and USA was free trade (zero tariffs) as per the Trump-built, -negotiated and -signed "best trade deal ever" USMCA.
Trump has hit Canada hard and promises more and regularly told us that he was doing so to "destroy [our] economy" in order to "weaken" us so badly that he will then "annex" us. Blatant, in-yo-face existential threats. Nice guy.
When a reporter once asked Trump if he would ever [militarily] invade Canada, he dismissively replied: "No, that's an economic takeover."
The USA put itself in an awful position living like pigs with insatiable consumption and put it all on their children's backs financed by the Fed pulling fiat US$ out of its own butt.
Let that sink in!
-----
Yes, TPTB chose the US$ to be our world reserve currency. The US Fed that TPTB built (in part by hoodwinking all detractors on to the Titanic, literally) in 1913 could then, post-WWII, create "money" for all of earth by pulling paper (and later digits) out of their butts like the hocus-pocus they practice.
Not bombed to hell by the TPTB's USA MIC, the USA then solidified its world-leader status in research, design, production, innovation, you name it. World leader by a country mile from 1945 to 1971.
Then, in August 1971, Nixon detethered the US$ from gold.
Then, in the ensuing half a century, the USA transitioned itself from the shining beacon light on the hill to a swine/bully that is suddenly angry at McDonalds and Burger King for all the money that he spent there only to get fat.
"Oh! Oh! Oh! I stopped working, watched Oprah and ate Bonbons all day and now I'm fat! It's the world's fault!"
And you financed this despicable metamorphosis on the backs of your children putting them in hawk to Rothschilds and all they had to do was have underlings pull "money" out of their butts. Americans would shake their heads in grave concern about putting all this debt (now, ostensibly, at $36T) on their own kids and grandkids, do the Dem/GOP Hokey Pokey and go bomb Cambodia or Serbia or Sudan or Yemen or what have you.
Good one.
-----
"America has carried globalism on its back for 80-years now at a tremendous cost to the American taxpayers. Partially responsible for the US having the biggest national debt in the history of the world."
You've been had, Dennis. You lived high on the hog consuming everything you could, like swine, for decades and put it all on your credit card and now you're the victim? Ya think?
Ironically, you are the victim - you just don't recognize who the perp is. You don't see that it was the same PTB that allowed world trade to evolve from 1971 "best in the world" to 2025 meth addicts.
-----
Trump 2.0 is about, in part, engineering an economic disaster that will make 1929 seem like tiddly-winks, administer the bankruptcy of the US$ and smash Greenland, Canada and USA into the Club of Rome's New World Order's Region 1 - North American Union (NAU).
This 2025 trade war was engineered since way before WWII and Trump is just playing his role. Truly.