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Yup they should have waited for the SC decision or for Trump to just fold up in TACO mode.Trump isn't agreement capable, that will be the background assumption about the USA going forward
Trump isn't agreement capable, that will be the background assumption about the USA going forward
Yup they should have waited for the SC decision or for Trump to just fold up in TACO mode.Trump isn't agreement capable, that will be the background assumption about the USA going forward
Yup they should have waited for the SC decision or for Trump to just fold up in TACO mode.Trump isn't agreement capable, that will be the background assumption about the USA going forward
Donald Trump taxed Americans illegally for 10 months
The import firms will be refunded -- with our money, but we will not
Trump's reaction to having IEEPA tariffs blocked?
A new round of pretextual, presidentially laid taxes that'll get passed on to us.
Trump's new tariffs will expire in 150 days
FedEx will get a refund, you won't
Even though you paid a big portion of the cost of Trump's illegal tax
https://www.reuters.com/world/fedex-...fs-2026-02-23/Global transportation company FedEx, opens new tab on Monday filed a lawsuit in the U.S. Court of International Trade seeking a refund for President Donald Trump's emergency tariffs, which the U.S. Supreme Court deemed illegal last week.
"Plaintiffs seek for themselves a full refund from Defendants of all IEEPA duties Plaintiffs have paid to the United States," FedEx said in the lawsuit, referring to tariffs Trump imposed under the International Emergency Economic Powers Act.
did Trump TACO on the 15% tariff rate, or did his subs overrule him?
tl:dr
Trump's Section 122 tariffs are very likely illegal too, because no objective determination was made whether a balance of payments emergency exists
yet again, Trump uses pretext to grab power
https://ielp.worldtradelaw.net/2026/...tariffs-legal/
His reaction was also to get extra pissy about the Supreme Court making America worse and China better because something something ramble ramble anchor baby ramble civil war black people something
being a prevaricating bully with poor impulse control is Trump's main strength and also a primary weakness
price of poker went down for Brazil, Canada and Mexico under Trump's new illegal taxation scheme
https://www.cnbc.com/2026/02/27/ppi-january-2026-.htmlCore wholesale prices rose 0.8% in January, much more than expected
Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday.
The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%.
On an all-items basis, the headline PPI rose 0.5%, also above the forecast for 0.3% and 0.1 percentage point more than the prior month.
For the full year, core wholesale prices accelerated 3.6%, while the headline index posted a 2.9% gain. Both figures are well ahead of the Federal Reserve’s 2% inflation goal and suggest that rising prices are still a factor for the U.S. economy.
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if you raise taxes on wholesalers, the cost will be passed on to consumers
https://www.reuters.com/world/asia-p...it-2026-02-27/China suspends some agricultural tariffs on Canada after Carney visit
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Ottawa expected Beijing to lower canola seed tariffs to a combined rate of about 15% from the current 84%. A probe into Canadian canola is set to conclude on March 9, the Chinese commerce ministry has said.
"One thing we do know is that Chinese buyers have been booking Canadian canola cargoes for March already. That gives me a pretty high degree of confidence that they're going to follow through on the reduced tariff rate," said Even Rogers Pay, director at Beijing-based consultancy Trivium China.
Canola oil and pork were also not mentioned in the statement. But Beijing could still announce further adjustments by the March 1 deadline previewed by Carney.
China was Canada's second largest market for canola in 2024.
The suspensions come amid a wave of visits to Beijing by Western leaders as U.S. President Donald Trump's trade policies have strained Washington's traditional alliances. China has sought to present itself as a more stable and reliable economic partner in contrast.
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https://www.cbc.ca/news/politics/ind...-oil-9.7106572Energy-hungry India tells Carney 'we are willing to buy whatever Canada is offering'
India wants to buy any energy product it can from Canada and its officials are urging the federal government to streamline approvals for various projects so it can tap into new supplies to feed a rapidly growing country with relatively few natural resources of its own.
That's the message India's high commissioner to Canada, Dinesh Patnaik, relayed in an interview with CBC News before Prime Minister Mark Carney left for a five-day visit to the country. It's a trip that will be laser-focused on cutting new business deals and getting negotiations for a free trade agreement underway as part of a push to diversify from the American market.
"On energy, there is an appe e which even Canada cannot fulfill and we are willing to buy whatever Canada is offering on crude, on LPG, on LNG," Patnaik said, referring to oil and gas products.
Patnaik said turbocharging the trading relationship will help the two countries turn the page on years of bilateral bad blood.
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Court of International Trade issues a universal injunction, Trump may have trouble delaying the refunds
https://storage.courtlistener.com/re...346.21.0_2.pdfIf I'm reading this correctly, the CIT judge in this post-Learning Resources claim for a tariff refund just purported to issue universal relief on the ground that he's the only judge who'd adjudicate such claims, ... [1].
https://bsky.app/profile/martylederm.../3mgbhlbez222g
https://reason.com/volokh/2026/03/04...ieepa-tariffs/Stepping back from the more legal issues, I would note that the Trump Administration can easily resolve the refund issue simply by giving up this legal fight and issuing refunds to all those forced to pay the illegal tariffs. That would not be hard to do. The government has a record of all the payments and who made them. Calculating interest also is not difficult. The government could just make electronic payments or send checks to all those en led to them.
Ultimately, the government illegally seized billions of dollars and therefore must pay them back. If I unjustly and illegally take your property, I have a duty to give it back, and pay interest. The same principle applies when the federal government does it. You don't have to be a legal theorist or a tariff expert to grasp this simple point.
time to start throwing these assholes in jail
https://www.reuters.com/business/us-...er-2026-03-06/- The U.S. Customs and #Border Protection agency is unable to comply with a court order directing it to refund tariffs that the Supreme Court has ruled illegal, the agency said in a #court filing with the U.S. Court for International Trade on Friday.
"no taxation without representation"
G-7 members exclude the USA from their proposed critical minerals deal
https://www.reuters.com/world/asia-p...es-2026-03-06/Group of Seven members Japan, France and Canada are working on alternatives to a U.S.-led trade bloc to secure critical minerals and reduce reliance on China, according to three senior officials from these countries.
Some #options include import quotas on certain rare earths, subsidies for mining companies to diversify the supply chain on critical minerals, and a buyers' club,a Canada-led G7 initiative that aims to develop a reliable supply chain of critical minerals outside of China and break that country's monopoly on these metals.
Called that when it started. Oil hit $105 this morning and the stock market taking a dump pretty much world wide. It will only get worse. Iran has more drones than we have stuff to stop them. Saudi Arabia has to cut back production becaue they are out of storage. once you start shutting wells down its not like you can flip a switch and start production again.
oil supply shocks historically correlate with inflation
https://www.economist.com/business/2...-european-techAt last, reasons to be cheerful about European tech
One of which is Donald Trump
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Meanwhile, Mr Trump’s disdain for foreigners, and recent lay-offs by American tech giants, are driving talent to Europe. People working in Europe for American firms have also formed a talent reservoir. Data from Revelio Labs, a workplace-data firm, show the brain drain has reversed (see chart 3). Lovable, for one, has recruited executives from American software companies. What is more, fewer European firms are being sold to America. Dealogic, a data provider, notes that in 2011-13 American firms made 12% of acquisitions of European tech firms by number and 35% by value. In 2023-25 the shares were 9% and 17%.
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Even before he started his second term last year, Europe’s climate-technology sector was catching up with America’s. In 2015-16 VC spending on Europe’s green startups was 24% of America’s. By 2024-25 that ratio grew to 55%. Mr Trump’s gutting of American environmental regulation will surely encourage the trend. Last year the number of American climate-tech startups raising VC funds was the lowest since 2019.
There is no sign of demoralisation among European green-tech firms. In December Octopus Energy, a British provider of green power, spun off Kraken, which sells smart-grid software, at an estimated valuation of $9bn. Sweden is a hotspot for green-tech startups. Stegra aims to make carbon-free steel there. Einride is electrifying freight transport. In Switzerland Climeworks builds machines that suck carbon dioxide from the air.
Mr Trump’s demand that Europe do more to defend itself is also spurring high-tech arms-making in a region that had little of it. In 2015-17 VC investment in European defence tech was barely 1% of North America’s. By 2023-25 that had risen to 6%. The International Ins ute for Strategic Studies, a think-tank, says that Europe’s defence spending rose by 42% from 2023 to 2025; America’s defence budget, though far bigger, was unchanged. Whereas established contractors account for much of American defence spending, Europe offers more scope for young defence-tech firms.
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The United States now has fewer manufacturing jobs today (12.573M) than it did in March 2018 (12.576M) when Trump first started his tariff wars- @scottlincicome.bsky.social
www.bls.gov/charts/emplo...
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