March 4, 2025 --Live Updates:
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Markets Fall After New Trump Tariffs Prompt Retaliation
"China and Canada immediately announced retaliatory tariffs, and Mexico said it would announce its own measures on Sunday. The responses escalated a trade war that has rattled the globe."
A tariff is a TAX.
The company pays it -- then passes along the cost as a
price increase to YOU.
Trump is raising your taxes 25%.
(Attacking one of your biggest trading partners (and peaceful, loyal neighbor) is how you drive your economy off a cliff.)
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Trump's ruining the economy already by the tariffs that will be imposed on Canada and Mexico tomorrow and that every economic expert has said will cause chaos and hardship s for the American people.
Just remember that Trump and his billionaire oligarchs will not suffer anything. We, the people, will bear the economic brunt of Trump's incompetence and stupidity.
Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans
The S&P 500 fell 1.8 percent on Monday after President Trump doubled down on plans to impose 25 percent tariffs on Canada and Mexico starting Tuesday.
25 comments:
Oh Shaw... you've been duped! The GOP and their enablers have moved on past tariffs having any link to the depression. Now it's all about Social Security and government entitlements being the cause.
You can't make this uneducated stuff up. And why try? Just read their words and it's comedy gold. Especially that Friday kerfuffle in the Oval.
Those tariffs have been approved. 25% on our closest geographical neighbors.
For nothing related to prices, imports or costs at all.
It really is performative because folks like Z, Mustang, Joe and -FJ among others want to see Trump play acting like he's tough. As he beats up on the small frys in the sand box.
Hmm, wonder if Chainsaw Elon and the Felon of the USA will commit suicide if they crash the market and lose their wealth.
Yeah, a stable genius... Trump NOT.
Help! Call the tariff sheriff! What's the old saying? Oh yeah "Lock HIM up"
I just read that Trump has paused all aid to Ukraine. I could never bring myself to truly believe that Trump was a Putin puppet, but since Friday’s disastrous Oval Office entrapment of Zelensky by Trump and Vance, I can see no other explanation.
We have a traitor in the White House. I am loath to write those words, but there is no other explanation.
We finally get to punish the rich because they are the ones who own stocks.
Once Russia buys the US stocks won’t matter and we can have universal healthcare.
Don't mistreat any foreigners who live in your land. Instead, treat them as well as you treat citizens and love them as much as you love yourself. Remember, we need them desperately for cutting the Grass on our Lawns, and washing the Dishes in the Restaurants that we dine at.
Never did understand the need for tariffs from any country. If tariffs are going to be imposed they should be the same for both countries. Tariffs make about as much sense as raising taxes on businesses which just results in higher prices. The tariff issue should be celebrated by the left because even supporters of removing illegals and peace in Ukraine are not for the tariff debacle.
anon @9:55 AM... Ignorance again creeping into the comment of the MAGA supporter. Those coming to the shores of North America do so for greater opportunity and freedom than exists in their native land.
With the exception of Native Americans we are ALL from the wombs of our ancestors who were mmigrants to this land.
What is inscribed on the Statue of Liberty? Oh, that's right, it doesn't matter the MAGA fearful.
False equivalency there skud. But what the heck. Why break from your reified conditioning. Gotta have something fixed to hold onto. Even when it's false.
Can't help yourself can you Skud? You can't pass up a chance to stay on topic is there's a snarky comment you can sneak in. And as usual, you're wrong.
What MAGA leader, in favor of removing "illegals" and purportedly in favor of peace in Ukraine is against the tariffs?
Any current leader in the Senate, House or Admin speaking out against them?
Of course not.
Not even the Mothership is critical.
Our friend skud doesn't let facts get in the way of his beliefs.
Shaw...
Core inflation rates for January 2025... 2.5%
January unemployment rate... 4%
Jobs added in 2024, last year of the Biden Admin, all post Covid... 680,000
US Economic growth in 2023... 2.9%. In 2024... 2.8%
US Murder rate in 2024... down 22.7%
US rapes in 2024... down 17.7%
US robbery in 2024... down 13.6%
US aggravated assault in 2024... down 8.1%
While everyone snipes about how bad life in the US has been with Biden as president, just file these numbers away and see how Trump stacks up after some time.
Dave and Ms Shaw, I will assume you did not read my comment or maybe you just didn't understand what I meant. This is about tariffs so how did I not stay on topic? I am not in favor of tariffs and I am not in favor of taxing a business.
Of course I don't see the need to apologize to an attackers family for him threatening someone's life either but I know you may disagree.
What you fail to acknowledge is zelinskyy said he expects the war to continue for a long time which means he just wants weapons without restrictions. Even saint biden was not a zelinskyy fan.
The most scary person is one who has nothing to lose and trump has nothing to lose. He doesn't care what people think of him, he has enough money to not care and he can't run again. He truly has nothing to lose so he can do what he thinks is best regardless of the consequences.
Here's the Captain of the Mother Ship talking about today's tariffs:
“…I hate to agree with the Wall St Journal, but they’re right when they say tariffs are a REALLY stupid, STUPID thing>”
She "hates" to agree with the pre-eminent Wall Street newspaper when it publishes the truth. She and the sailors on her ship are cultists who eat up any lie Trump tells them.
As to her admission that tariffs ARE stupid -- what did she think would happen when she and her pals voted to re-elect a corrupt and STUPID Trump?
And here's a comment from one of the Mother Ship's unhinged cultists about Trump's upcoming speech to Congress tonight:
"It will be watched by millions, with many as clueless as 2 year old children in a library. The media will have two opposing views. The networks will show some commercials afterward, pundits will pontificate, and unless Trump says something that makes all the criminals in government shake in their boots, it will be a waste of time."
The guy giving the address IS A CONVICTED CRIMINAL whose administration includes other CONVICTED CRIMINALS! (RFK, Jr., for example, Peter Navarro, ).
The reason we are watching the destruction of our democracy is, in part, because of clueless, blind people like the person quoted above who willfully refuse to see what is in front of their noses.
I agree with her, tariffs are about as stupid as raising taxes on corporations. It only hurts the consumer.
Shaw... Skud is a good example of what our struggle is. He echos the line that by being in our country without papers, immigrants who jumped the line are criminals. However, their "crime" is a civil offense.
No matter we are told, a crime is a crime is a crime. Civil or otherwise.
But then when us pointy headed liberals bring up Trump's civil crimes, we are then told his offense is not a real crime.
So what is it? Is a civil crime, of which Trump has been convicted, a real crime, or is it not?
There really is no cogent article that Trump is not a criminal, has not been tried multiple times, and been convicted multiple times in both civil and criminal court. These guys used to rest on "where there's smoke, there's fire", especially related to minority arrests.
Now, when their system snared their leader, not so much.
Again, what changed?
right. ouch!
Trump sure is no Robin Hood, MAGA is not about making America Great, and what has changed? Wilfull ignorance seems to have become a badge of honor among the Felon of the USA tribe of cultists.
Rev, Never said trump was not a convicted criminal but to deny someone who enters the country without permission is not illegal is false. Immigrants should be welcome to the country but to bust a fence to do so should not be allowed.
I did read where the democrats met with zelinskyy prior to his meeting with the convicted criminal and tell him to not settle anything with the convicted criminal. What country do they represent?
Life is a tragedy to those that feel, a comedy to those that think.
We cry and giggle at the one who passes by a church and the candles go out, who passes by the stature of liberty whose lamb flickers out. Yet, the evangelicals persist. (is it something in the Trump bible?) Am I alone in thinking Jefferson would ponder, WTF? Send in the clowns.
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skud: "I did read where the democrats met with zelinskyy prior to his meeting with the convicted criminal and tell him to not settle anything with the convicted criminal."
Well, you read and believed a LIE. You never divulge where you get your information. Wherever it is from, they're lying to you, and you should do some research before spreading lies. If you're getting your information from FAUX NOOZ, it's full of lies, errors, and disinformation.
Zelenskyy did meet with Democratic U.S. senators ...
... but that meeting also included at least three Republican senators. Sen. Chris Murphy, a Democrat from Connecticut, emphatically rejected claims that the Democrats of the U.S. Senate delegation had dissuaded Zelenskyy from taking the minerals deal. Further, Zelenskyy confirmed to reporters two days after the meeting that his country was ready to accept the deal.
After a contentious Feb. 28, 2025, meeting in the White House between U.S. President Donald Trump and Ukraine President Volodymyr Zelenskyy, in which Trump accused him of not being grateful enough for U.S. support in Ukraine's war with Russia, rumors started to spread.
One such rumor was that before the Oval Office meeting, Zelenskyy had met with "anti-Trump" Democrats, who dissuaded him from accepting Trump's so-called "minerals deal." In short, the deal would give the U.S. the ability to exploit Ukraine's mineral resources in exchange for its continued support for Ukraine in the war.
These claims spread on social media. For example, a March 2, 2025, post on X said the Democrats in effect had "sabotaged" the meeting as a way to undermine Trump
Zelenskyy did meet with Sen. Murphy on Feb. 28, 2025, before the meeting with Trump, and Republican elected officials attended the same meeting, as well. Zelenskyy met with Sen. Amy Klobuchar, a Democrat from Minnesota, Sen. Chris Coons, a Democrat from Delaware, and Sen. Lindsey Graham, a Republican from South Carolina.
Indeed, in an email response, a spokesperson for Murphy said that contrary to online assertions, the senatorial delegation attempted to convince Zelenskyy to accept the deal .
Yahoo! News contacted all of the U.S. senators they could identify to confirm Murphy's assertion that Democrats had not pushed Zelenskyy to turn down the deal.
Further undermining claims that Democrats had tanked the deal, Zelenskyy told journalists on March 2, 2025, that Ukraine was ready to take it.
FROM CBS NEWS:
"On Friday morning, Feb. 28, Graham, Republican Sen. Roger Wicker of Mississippi, Democratic Sens. Amy Klobochar of Minnesota, Mark Kelly of Arizona and others met privately with Zelenskyy at the Hay-Adams Hotel in Washington, D.C. They recommended that Zelenskyy avoid being contentious, say thank you and sign the deal without changes, according to people in the room."
You'd think that one of those Republican senators would have reported it immediately if the Democrats had pressured Zelenskyy to not take the deal. Yet not one Rep. senator did, BECAUSE IT DIDN'T HAPPEN.
And now you know the facts, not some false fact that you obviously read on a very biased news source or blog.
Verify, verify, and verify EVERYTHING that flows out of the Felons yap as well as eveything that any of his appointments burp out. And as for the MAGA cons in congress? Same applies to them as dishonesty and conspiracy is their primary energy. Spoon fed to them by their Fuhrer.
So Ms Shaw, I didn’t realize you were in the meeting but I do know democrats don’t lie so what you say must be true. CBS IS WAY ABOVE Board and no politician is a crook, sorry I meant to say democrat, and only do what is good for the country even if they get nothing out of it.
Must be the reason they make 170k a year and are worth millions after one term. The are all so brilliant they can turn a &$1000 commodity trade into $10000 in a week
We should have a list if all trades by congttt
Skud, I guess you didn't read the part where the reports stated that Republican senators were at that meeting as well. Not one of them reported any coercion by any Democrat.
Do you think Sen. Graham OR ANY OF THE OTHER REPUBLICANS PRESENT would not have reported coercion if it actually happened? Are you that determined to spread the lie that the Democrats pressured Zelenskyy to reject Trump's plan?
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