Time for tariffs & treaties
After a hectic first few weeks of a few hundred Executive Orders, nominations & appointments, trips to two disaster areas, proclamations & press briefings and the signing into law of his first piece of legislation, President Trump is heading for what he calls "the summer White House": Mar a Lago.
Today is February 1st, the day for tariffs on three countries who in one way or another allowed Fentanyl to enter the US, as well as having a bit of an unfair trading position with the US. Trump is expected to sign the order today imposing hefty new tariffs of 25% on goods from Mexico and Canada and 10% on imports from China. Trump did, however, reference a potential carve out for oil from Canada, saying that tariff rate would be 10% versus the 25% planned for other Canadian imports. The three countries are very anxious about the tariffs, but it is a little too late.
The President is also expected to be meeting with people at his Florida residence and mentioned yesterday that he has already begun a conversation on a deal to end the Ukraine War. The new Secretary of State will be talking to a tinpot dictator in Panama and the Israeli Prime Minister is expected to be visiting this coming week.
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Energetically doing the people's business.
The good folks of Maine get 90% of their heating oil from that DEI country to the north ... sounds like he's energetically doing his business on them.
Read somewhere , that oil might not be included in the tariffs , have to wait and see i guess.
my understanding is the US imports crude , and exports refined . that depends on different factors .
but i dont always hear or read everything these days .
We also export our sweet crude (about 4 million barrels per day) while we import about 6 million barrels per day of sour crude. This is largely because most of our refineries were designed to process the historically cheaper sour crude.
A duly elected president of a strong ally is a ‘’tinpot dicator’’ WOW, what an amazing comment, the tinpot dicator is Trump.
Of course he will, if he didn’t the price of gas would skyrocket fucking everyone a lot, dropping it to 10% it will only fuck the everyone a little bit. Brilliant stragey.
He is in violation of a treaty.
Of course he will,
For the time being.
No, he isn’t.