Lots of different people in lots of different countries depending on how the fallout is managed. For example, they tariff all our goods, we couter tariff potash, they start buying more Russian potash, good for Putin, good for Russian businesses, good for whoever we are now selling the potash to that otherwise would have gone to the USA.
Repeat ad nauseum for a hundred different industries.
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Lots of different people in lots of different countries depending on how the fallout is managed. For example, they tariff all our goods, we couter tariff potash, they start buying more Russian potash, good for Putin, good for Russian businesses, good for whoever we are now selling the potash to that otherwise would have gone to the USA.
Repeat ad nauseum for a hundred different industries.
Was this a response to my question?
If so, that doesn’t really play to me. I’m trying to figure out an angle where someone is clearly going to profit from this in the near term.
Imposing Tariffs on us - so the we ‘hopefully’ impose counter tariffs - so that the US now has a reason to buy Russian resources - so that Russians can profit?
Seems a bit too 4D chessy to me.
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Oh, I don't think that's the MOTIVATION for the tariffs. But your question was who benefits from them.
__________________ "The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
The billionaire class buying low as the markets yo yo.
You believe that Trump is starting this trade war so that his billionaire circle can ultimately buy low on industries as the markets suffer in the near term?
(Not challenging you. Just clarifying. Every idea is on the table right now. I really want to peel back the layers on this thing.)
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Location: I'm somewhere where I don't know where I am
Exp:
Quote:
Originally Posted by scotty2hotty
You believe that Trump is starting this trade war so that his billionaire circle can ultimately buy low on industries as the markets suffer in the near term?
(Not challenging you. Just clarifying. Every idea is on the table right now. I really want to peel back the layers on this thing.)
It almost makes the most sense. Rock the boat, make a mint, sign some rare earth deals for Elon….
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It almost makes the most sense. Rock the boat, make a mint, sign some rare earth deals for Elon….
I’m leaning toward the rate earth mineral angle myself.
Hurt Canada’s economy enough where we beg him to strike a deal and ‘save us’.
It’s why this tariff thing is never going to go away, in my mind.
He just underestimated the initial negative impact on his side of the border, so now he’s trying to find that ‘sweet spot’ - maximum damage to us with minimal damage to himself.
And I also think that that mineral prize is earmarked for both Elon and Vlad.
__________________
I like to quote myself - scotty2hotty
You all are giving Donald too much credit. He thinks, has always thought, tariffs will fill the government coffers. History shows otherwise but he doesn’t see that, he sees only what he wants to see. Short sighted, myopic, selfish, greedy, narcissistic, etc.
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Ya I think there are probably half a dozen valid reasons why he’s doing it.
- pump and dump for his billionaire masters
- weaken allies like Canada
- pressure companies to move operations to the USA
- force a recession as per above
- create chaos amongst the general public and then use it as an excuse for him to declare martial law, delay elections, etc (this one itself is part of a multi pronged approach)
- use the success of tariffs as a pretext to gut the irs and eliminate income taxes
Also can’t rule out Russian influence to crumble the USA.
Trump and the billionaires benefit from chaos. The more chaos, the more likelihood Trump, Elon, bezos, zuck et al can take over the USA. They’ll be happy to sacrifice some of their net worth now if it means complete domination of the entire country for the rest of their lives.
All of this mirrors what the Russians and Chinese want in their own regions. Oligarchs controlling proles.
Welcome to Oceania. We’ve always been at war with Eastasia and Eurasia.
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Not familiar with 4D chess, but engineering a recession is akin to opening a rift in space/time. Who the heck knows if it will be super cool or spiral out of control.
Trump maybe able to command a house and senate, a complex economy no way. Investor confidence is/will be shot. Allies are turned away. This experiment is sheer lunacy and it will cause a massive depression in real time.
Mid terms are a ways away but the GOP better see what is happening here. A depression will wipe them from the map ala 1892. Exactly the purge we need but the price will be steep
Not familiar with 4D chess, but engineering a recession is akin to opening a rift in space/time. Who the heck knows if it will be super cool or spiral out of control.
Trump maybe able to command a house and senate, a complex economy no way. Investor confidence is/will be shot. Allies are turned away. This experiment is sheer lunacy and it will cause a massive depression in real time.
Mid terms are a ways away but the GOP better see what is happening here. A depression will wipe them from the map ala 1892. Exactly the purge we need but the price will be steep
Will the map matter in 2 years? Until something actually goes before Congress it’s hard to say
Not only for his tech bro's get to buy low they profit on short selling the crashes. It's going to be total Oligarchy with his territory of North America where he occupies Canada and Greenland in his very own Soviet style Union. Speak out too much and you'll be working in a Gulag somewhere in the Arctic.
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Well …I just took 15 minutes to write my longest post ever but it looks like it deleted before posting. lol
So, super abridged version, help me understand this one question …who stands to profit from tariffs against Canada in the near term (next 1-2 years)? Help me “follow the money”.
I don't think this is a motivation per-se, but if they continue shipowners will likely benefit.
Eg. Oil tanker rates went up dramatically after Russia invaded Ukraine, because Russian oil that used to make a short trip to Europe makes a long trip to India and uses way more tanker days to do so. That pushes up tanker demand and thus prices.
If potash/grain that used to go to the US by rail now goes overseas in a bulk carrier, that significantly increases bulk carrier demand.
And if we start buying orange juice from Brazil instead of Florida that's a lot farther. Lindt has already said Canada will be supplied with chocolate from Europe instead of the USA now to avoid tariffs. Small individual things that add up to a lot more demand for transportation.
That probably only shifts if this thing lasts, but once supply chains do shift some of those changes will be permamemt.
I'm not gonna quote them (for those who have them ignored, you're welcome) but I can't resist commenting, what in the world do you think Trudeau was doing in Europe? Galivanting down the Amalfi coast?
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