Dutch Uncle
* Tertia Optio * Defend the Constitution
All MAGAts are liars as JPP proves daily.
Sane, intelligent and educated people know there's a lot of reasons for the rising costs since the Great Recession under GW and the COVID pandemic under Trump. The fact MAGAts deny knowledge of these factors goes to prove they are stupid and/or liars.
The current rise in coffee and beef prices is directly related to what the WSJ labeled "the dumbest trade war in history".
WSJ rebukes Trump’s tariff actions, ‘the dumbest war in history’
President Trump is set to launch his first major tariff strike on Saturday, targeting two of America’s closest neighbors—Mexico and Canada. Both will face a 25% border tax, while China, described as a genuine adversary, will endure a lesser 10% tariff. According to an article in The Wall Street Journal, this brings to mind Bernard Lewis’ famous observation that while it’s risky to be America’s enemy, it’s often fatal to be its friend.Leaving aside China for a moment, Trump’s justification for the tariffs on his immediate neighbors makes little sense. White House press secretary Karoline Leavitt claims the countries have “enabled illegal drugs to pour into America.” However, drugs have been entering the US for decades, and as long as there’s demand, this will continue. Neither Mexico nor Canada can stop this flow entirely.
The WSJ article also states that it seems drugs may be a convenient excuse, as Trump has expressed a deep preference for tariffs simply for the sake of imposing them. As he said Thursday, “We don’t need the products that they have. We have all the oil you need. We have all the trees you need,” referring to natural resources like oil and timber....
...This tariff war is especially problematic because it contradicts the very trade agreement that Trump negotiated and signed during his first term—the US-Mexico-Canada Agreement (USMCA). Ignoring treaty obligations with close allies undermines the US’s credibility as a negotiating partner. If Trump seeks concessions and pulls back, it could still be framed as a win, but if the trade war continues, it will likely go down as one of the most misguided and avoidable conflicts in economic history.
