Trump Blinked on North American Tariffs

Tuesday, February 04, 2025

President Donald Trump "blinked" on his tariffs against Canada and Mexico before they could cause real harm to the economy, the conservative Wall Street Journal editorial board wrote on Monday.

Posted by reinheitsgebot at 02:31 PM | 14 COMMENTS | permalink

Mexico & Canada did literally nothing to stop the Trump tariffs. The stock market stopped the tariffs as Wall Street always assumed it would.
-- Lawrence O'Donnell (@lawrenceodonnell.msnbc.com) February 3, 2025 at 5:00 PM

Comments

Canada and Mexico caved and agreed to do what they previously were doing under Biden.

Thats the fart of the deal.

#1 | Posted by Nixon at 2025-02-04 08:10 AM

This is going to end up like the debt ceiling fiasco. Every 30 days another panic deadline to deal with.

#2 | Posted by REDIAL at 2025-02-04 08:38 AM

Blinked?

He got his ass handed to him.

But he is now taking a victory lap and that is all that matters.

He just needs to look like he is doing something. Actual facts mean nothing.

#3 | Posted by Nixon at 2025-02-04 09:33 AM

MAGA Trumpers are so stupid. They couldn't pour piss out of a boot with the instructions written on the heel.

#4 | Posted by LauraMohr at 2025-02-04 09:36 AM

Another view ...

Trump's tariff reversal feeds reputation as paper tiger on trade
www.moneycontrol.com

... President Donald Trump pledged hundreds of billions in tariffs to remake the global economy and target even his closest neighbors.
But so far, it's been more Art of the Deal than a revolution.

Trump on Monday shelved plans for wide-ranging tariffs on Canada and Mexico, after doing the same for Colombia the prior week. In each case, Trump relented despite countries promising only modest changes on border security and immigration.

Trump and his allies have held up those concessions as vindication of his approach. But the US president's willingness - at least for now - to hold off tariffs has underscored doubts over whether Trump, who famously obsesses over market performance, might once again prove a paper tiger on his more fiery trade threats. ...

#5 | Posted by LampLighter at 2025-02-04 02:22 PM

Trump Blinked on North American Tariffs

No he didn't. This was always part of Trump's plan. It's all stock manipulation so Trump and his billionaire allies can profit from the swings.

#6 | Posted by censored at 2025-02-04 02:51 PM

Again you Liberal morons got played again. "The market will crash!" It didn't. "Canada and Mexico will crush our economy with the tariffs!" Didn't happen. So much losing for all of you. LOL

#7 | Posted by fishpaw at 2025-02-04 02:57 PM

- Didn't happen.

Only because you Cult Leader ran away, postponing his stupid threats.

#8 | Posted by Corky at 2025-02-04 03:01 PM

@#7 ... "The market will crash!" It didn't. "Canada and Mexico will crush our economy with the tariffs!" Didn't happen. ...

It didn't happen because Pres Trump caved.

I'm not convinced it was the Liberals who got played on this one.

#9 | Posted by LampLighter at 2025-02-04 03:03 PM

"The market will crash!" It didn't."

The markets literally crashed you idiot.

Until Trumpy let it leak that he was not serious.

"It didn't happen because Pres Trump caved."

Exactly. Maga morons gotta be morons. What are you gonna do!?

Can't live with them and you can't eat em.

#10 | Posted by donnerboy at 2025-02-04 09:57 PM

@#10 ... The markets literally crashed ...

Yeah, I don't agree with that.

A significant drop?

Yes.

A crash?

I'm not buying into that.

#11 | Posted by LampLighter at 2025-02-04 10:07 PM

@#3 ... Blinked?

He got his ass handed to him.

But he is now taking a victory lap and that is all that matters. ...

Yeah, I noticed that also.

Pres Trump is taking a victory lap when Canada and Mexico have handed his most ample derriere back to him.

But this is only phase one.

In a month, I suspect we will be discussing this topic again.

Will Pres Trump back down once again, tail between his legs, a month from now?

At this point, I have to ask, is Pres Trump trying to turn his policies with other countries into a serial drama/comedy to do little more than draw attention to himself?

I'm thinking of the daytime soap operas.

#12 | Posted by LampLighter at 2025-02-04 10:16 PM

Pres Trump is taking a victory lap when Canada and Mexico have handed his most ample derriere back to him.
Yep. And yes, we might see this again in a month, unless he learned his lesson from this fiasco.
The markets and everyone else, including the WSJ went apeshit over this clusterfcck of nonsense.
I'm sure that's one of the main reasons he caved so quickly.

#13 | Posted by YAV at 2025-02-04 10:26 PM

@#10 ... The markets literally crashed ...

Yeah, I don't agree with that.

I guess "Crash" is a relative term.

Fine. Pic nicker.

Stocks plummeted. And recovered after Trump "pauses" tariff threat.

Dow rebounds from steep decline to finish with 100-point loss after Trump pauses tariffs on Mexico:

www.nbcnewyork.com

Regardless Fishpoo lied again.

#14 | Posted by donnerboy at 2025-02-04 10:39 PM

Drudge Retort Headlines

A Coup Is In Progress In America (48 comments)