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#tariffs

401 posts254 participants6 posts today
Public
R. Scott Pert

#CANADA - Ford says he had 'very, very productive' meeting with top Trump trade official in Washington

> Ontario Premier Doug Ford left an hours-long meeting with U.S. Commerce Secretary #HowardLutnick and Canadian federal officials

> Asked if he's prepared to put his 25 per cent tax on U.S.-bound electricity back on, Ford didn't answer as he hopped into a waiting black SUV.
cbc.ca/news/politics/canada-on #Tariffs #ONpoli #CDNpoli #DougFord #Ontario

Ontario Premier Doug Ford left an hours-long meeting with U.S. Commerce Secretary Howard Lutnick and Canadian federal officials
Public
Flipboard Culture Desk

You have to travel through British Columbia to get to Point Roberts, Wa., and it's usually full of Canadians, visiting their vacation homes or nipping across the border for cheaper gas. These days, the community of 1,000 people is receiving just a trickle of visitors from across the border, and some locals view Trump's tariffs as an existential threat. "Ninety percent of our economic activity comes from British Columbia," says Point Roberts resident Brian Calder. "Take that away ... and we're done." Here's more from @cbcnews on concerns beyond the tourist trade — electricity and water are also supplied by B.C. to Point Roberts — and how the community came to be part of the USA.

flip.it/qOXkCA

CBCCut off from the United States, Point Roberts, Wash., worries it won't survive a trade war | CBC NewsA Point Roberts Realtor says he's noticing increased 'animosity' from Canadian neighbours and compares community to 'children going through a divorce.'
#Travel#Canada#USA
Public
Nonilex

The world’s most widely followed #StockMarket benchmark slid into a correction on Thurs, a drop that underscores how the 2-yr-long bull market [#Bidenomics] is running out of steam in the early days of the #Trump admin.

The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Trump over the past few weeks. On-again, off-again #tariffs & #MassLayoffs of #FederalWorkers have fomented unease on #WallStreet.

#economy #Trumpcession
nytimes.com/2025/03/13/busines

The New York Times · Stocks Fall Into a Correction With Investors Down on TrumpBy Joe Rennison
Public
Gina Intheburg 🇺🇦 🌻 🥥🌴

#Dow's down another 537 pts today, now in 10% decline territory.

Why?

The same stuff that's been driving it into the ground: Trump's "disorderly" mgmt of the country & #tariffs, what else.

Y'know what they say about doing the same thing 2x & expecting a different outcome...

Article 25, baby.

Just sayin'...

Public *
Kim Perales

“Are tariffs bad for growth? Yes, say 5 decades of data from 150 countries”

‘I’m not going to bend at all’: Trump doubles down on tariff plans as stocks sink"

"The WH is focused on the ‘real economy’ & not concerned about ‘a little’ market volatility"
-TSY Sec Bessent

Trump surrounds himself with yes-men -only they lie more eloquently. They're more responsible for the carnage than Trump -could stop the #tariffs #firings #stagflation #recession...

#USPol #Coup #Resist
cnbc.com/2025/03/13/trump-tari

An excerpt from a research paper highlighting findings on the impact of tariffs on output growth, covering data from 151 countries between 1963 and 2014. The text indicates that tariffs have significant negative effects on economic growth.
Trump:
Bessent:
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