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War Comes To North America
Trump pulls the trigger -
Tariffs that Trump has been promising have came to reality Saturday as he placed 25% duties on Mexico and Candida. He also sent another shot across the bow of China with another 10%
A 10% tariff on Canadian Oil is likely to raise the price of gas at the pump here in the United States.
Elsewhere, the ripples could stunt growth and put inflation back in center stage. Trump loves trade wars. Why I can only speculate. There are few upsides to them and their use is best limited to special circumstances. It is a power that he can excersise and quite frankly it is a manifestation of his sociopathic illness. It’s about control. When he realizes he has the power do do something, I believe he gets a rush from it. In the same way he took delight in the retribution against General Milley by removing his security detail and securfity clearance.
Candida and Mexico have both announced retaliatory measures. China suggested it would take it’s case to the World Trade Organization and take counter actions if necessary.
