flyman12 wrote: If memory serves me well I seem to remember Trump stating that he wants to put tarrifs of 10 to 20% on all imports except for China. They get a 100%. As for the USMCA agreement I think that it can be reviewed and revised in 2026. On top of that he hates Trudeau. As for having Americans pay more for things what makes you believe that they would bock. They will swallow any Hey Fly.
If Trump puts a tariff of 100% on the Chinese products? The American companies who produce those similar products will also raise the price to be similar in price to what the Chinese products (Tariff included) are selling for in the USA.
That's 20% higher for consumer goods in the US This is what happens. So we're going to see
inflation galore in the US, & don't sit there and try to tell me that, the Americans are going to pay for that Inflation with closed eyes. Yes they are GULLiBLE as you say to Trumps lies. But even they are not stupid enough to see how their money is buying less since he's been in office. This time they won't have the Govt handouts from Covid either to pay for goods. So in 2026 mid-elections, the Republicans will lose their mandated power they were given in the 2024 elections. Believe me Trump will somehow step in his own
859, that is sosunding extreme with a lot of fear and anger thrown in. First off let me state I do not like Trump. However, he is a stock market president. He will not want to tank it. Much of this tariff talk is part of the art of the deal. It's tactics, pre-negotiation. Yes, tariffs are coming. Yes, inflation will return. But, nothing like what we just came out of.
Second, I don't like Trudeau either and I hope Carney decides to run because I don't trust Poilievre either. Regarding the housing market, we the people did this to ourselves. No one else. Politicians are easy targets to life's problems.
The fact is, rates needed to drop to historical lows to avert a depression which would have been multiple times more devastating than the recession we had during and post covid. Rates falling to historical lows turned real estate into a mania. The worst thing people should have done when rates were in the ditch was buy real estate. Did they think rates would stay low forever? Canada's problem is not just immigration but debt, debt and more debt and a lack of industry. Losing Bombardier's rail business will come back to hurt us. We are a nation of house flippers which lately is in the toilet.
t soon. He's already starting to put his plan in motion, of putting idiots into all these promotions to high ranking office positions (Zars). The American public won't know what hit them, until it does hit them. They voted him in, now they have to live with the concequences.
Just wait & see where inflation will go to. This 10% we just saw will be nothing compared to what's coming. And Interest rates will be through the roof next year in the US. Then he strarts deporting another 5 mill Immigrants of cheap labor, and the labor force gets smaller too.
What do you think will happen to prices then. TRUMP has no idea what he's doing to the US economy. And neither does TRUDOPE with his pea sized brain, with immigration. Trudope almost destroyed our housing industry and now we have to correct it in the next 5 to 10 years because of his Immigration policies. Plus this printing of money, what a covid mistake? NO FISCAL RESPONSIBILITY WHATS SO EVER.
All I see is Interest rates going up again, in both our countries. Because we have idiots in power. At lease Trudope is out next year. The other idiot in the US is there for 4. INFLATION INFLATION INFLATION.
it that he spews. He will just blame someone else.