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  • US import tariffs

    From Joseph Pereira@1:124/5016 to All on Wed Aug 20 06:16:24 2025

    US import tariffs have been expanded to include 407 products, including car parts. All these items will have a 50% import duty. This will end the close cooperation between Mexico, Canada, and the US. American cars will also become much more expensive, as these parts were made in Canada and Mexico for a reason. The companies Cleveland-Cliffs (NYSE:CLF) and Nucor (NYSE:NUE) had asked the Trump administration to add these products.

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  • From Brent Hendricks@1:135/250 to Joseph Pereira on Sat Aug 30 20:35:40 2025
    Federal Appeals Court has deemed a lot of Trump's Tarrifs unconstitutional, as only congress has the authority to impose tarrifs... So a supreme court case will be forthcoming.

    So three ways this can go.

    Supreme Court upholds the tarrifs.
    Supreme Court strikes the tarrifs down.
    Supreme Court strikes the tarrifs down, and Trump pushes congress to enact the same tarrifs.

    It sure would do the market good if they were struck down, and they just go away though.

    We shall see...

    Rug Rat (Brent Hendricks)
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  • From Kurt Weiske@1:218/700 to Brent Hendricks on Sat Aug 30 22:18:36 2025
    Re: Re: US import tariffs
    By: Brent Hendricks to Joseph Pereira on Sat Aug 30 2025 08:35 pm

    It sure would do the market good if they were struck down, and they just go away though.

    I just wonder when the republican base will realize that tariffs are passed onto the consumer and are simply another tax from what used to be the party of small government.
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