Sounds about right. But that will be up to the lower courts which I expect will rule in favour of the importers. But Trump as usual will appeal and appeal so that he can kick the can down the road. More likely he will bully the plaintiffs with threats to their business to the point that they will drop their claims. So long as he can assure the top 1% they won’t pay taxes.
Trump administration 2024-2028
- Thread starter dimsum
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Must be a heckuva interest rate. Total tariff take for 2025 was < $300M.
Your number should be 300 billion not million.
FSTO
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USA was founded on land grabs and tax evasion. Seems that they have never changed.I was always fascinated by the key role France played in the US victory, which tends to get downplayed by the "Murrica!" crowd.
And, ironically, French support of the US helped establish the conditions that contributed to its own decline including kicking off their own revolution, as well as helping to establish Canada in its present form through the need to abandon New France to its fate.
France's direct help was a major and decisive contribution towards the United States' eventual victory and independence in the war. However, as a cost of participation in the war, France accumulated over 1 billion livres in debt, which significantly strained the nation's finances. The French government's failure to control spending (in combination with other factors) led to unrest in the nation, which eventually culminated in a revolution a few years after the conflict between the US and Great Britain concluded. Relations between France and the United States thereafter deteriorated, leading to the Quasi-War in 1798.
France in the American Revolutionary War - Wikipedia
en.wikipedia.org
MilEME09
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Remember that Simpsons episode where Lisa is president and they say the US is in a financial mess from president Trump? Let's see what happens here and if they predicted the future again
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Don't forget the HR aspect of America's growth. Most of the original settlers were indentured servants. Then they upgraded to actual slaves. Which they replaced with waves of exploitable immigrants, most of whom were assimilated. Whose descendants built their wealth off of the backs of illegal (and very cheap) migrants who they could treat as defacto slaves. The only thing left to exploit is robots.....
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Math can be very, very painful when it goes against you.
The US is already paying roughly 1 Trillion USD per year in just the interest on the Federal debt - let that number sink in......
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Correct. Now the numbers make sense.
HavokFour
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So had British assets not been targeted by Iran, the UK would have likely gotten a similar strong reaction had they not allowed use of their bases for strikes.
nypost.com
Trump vows to ‘cut off all trade with Spain’: ‘Very, very uncooperative’ over base refusal for Iran attacks
“We don’t want anything to do with Spain,” Trump said during an Oval Office meeting Tuesday with German Chancellor Friedrich Merz.
nypost.com
While that’s exactly the sort of petulance we would expect, it’s not clear that he has any legal authority to wholesale prevent American business from trading with Spanish businesses.So had British assets not been targeted by Iran, the UK would have likely gotten a similar strong reaction had they not allowed use of their bases for strikes.
Trump vows to ‘cut off all trade with Spain’: ‘Very, very uncooperative’ over base refusal for Iran attacks
“We don’t want anything to do with Spain,” Trump said during an Oval Office meeting Tuesday with German Chancellor Friedrich Merz.
So had British assets not been targeted by Iran, the UK would have likely gotten a similar strong reaction had they not allowed use of their bases for strikes.
Trump vows to ‘cut off all trade with Spain’: ‘Very, very uncooperative’ over base refusal for Iran attacks
“We don’t want anything to do with Spain,” Trump said during an Oval Office meeting Tuesday with German Chancellor Friedrich Merz.
Consequences. If you treat what was supposed to be your allies like dirt, expect them to not want to be your friend.
daftandbarmy
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Meanwhile, Repsol is doing a great job in Venezuela
The boss of Spanish energy giant Repsol said Thursday that his company could boost oil production in Venezuela by more than half over the next year after Washington reauthorised its operations there.
Repsol says could boost Venezuela oil output over 50% in 12 months
The boss of Spanish energy giant Repsol said Thursday that his company could boost oil production in Venezuela by more than half over the next year after
www.digitaljournal.com
Actually, Starmer got the same reaction from tRump; in the same article, “So had British assets not been targeted by Iran, the UK would have likely gotten a similar strong reaction had they not allowed use of their bases for strikes.
Trump vows to ‘cut off all trade with Spain’: ‘Very, very uncooperative’ over base refusal for Iran attacks
“We don’t want anything to do with Spain,” Trump said during an Oval Office meeting Tuesday with German Chancellor Friedrich Merz.
Trump was just as mad at the UK for its initial refusal to allow the US military to use the Indian Ocean island of Diego Garcia as a base from which to attack Iran.”
QV
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Rightly so.
"The US is unreliable and won't be there for NATO"
Degrading or defeating Iran is the right move. It hurts islamic radicalism, it hurts Russia, it limits China.
PMMC at least voiced support (sort of), though Anand's comments seemed to contradict.
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So from 100k barrels a day to 150k barrels a day.Meanwhile, Repsol is doing a great job in Venezuela
The boss of Spanish energy giant Repsol said Thursday that his company could boost oil production in Venezuela by more than half over the next year after Washington reauthorised its operations there.
Repsol says could boost Venezuela oil output over 50% in 12 months
The boss of Spanish energy giant Repsol said Thursday that his company could boost oil production in Venezuela by more than half over the next year afterwww.digitaljournal.com
Canada produces, what 4m+ barrels a day?
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bi-lateral - Israel and its big brother Trump-led US.
daftandbarmy
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Well, the Venezuelan operations are a mess, so I'm guessing they're working with a hand tied behind their back...