Tag Archives: tariffs
Slingshot News: ‘China, Where’s Your Wind Farm?’: Trump Ignorantly Claims China Doesn’t Produce Wind Energy In Failed Attempt To Discredit Renewables [Video]
During his remarks at the Energy and Innovation Summit in Pennsylvania several weeks ago, Donald Trump ignorantly made the implication that China doesn’t produce wind energy. A quick search on the internet shows that China is the global leader in wind energy production.
The same fool, who criticizes European leaders for their reliance on wind power, is now chiding China for not generating enough wind energy.
Money Talks News: Highest Tariff Rates Since 1935 Threaten to Eliminate 480,000 American Jobs [Video]
Daily Beast: Trump’s Canadian Ambassador Blames Canada for Not Being MAGA
Pete Hoekstra voiced he was “disappointed” that Canadians weren’t very passionate about America.
America’s Ambassador to Canada Pete Hoekstra is “disappointed” that Canadians don’t like America all that much.
“I’m disappointed that I came to Canada, a Canada (where) it is very, very difficult to find Canadians who are passionate about the American-Canadian relationship,” said Hoekstra during a luncheon with the Halifax Chamber of Commerce.
Hoekstra, 71, was the Michigan GOP chair before his appointment to the ambassadorship in April. His comments came the day after he said he was saddened Canada wasn’t excited about working with America on topics in their mutual national interests.
“Whether it’s energy, whether it’s automotive, whether it’s nuclear, defense and all of those types of things, we were hoping that we would not just renegotiate CUSMA, but that we could take it into being something much bigger,” he said, referring to the Canada-United States-Mexico Agreement that deals with free trade between the three nations.
“It’s obvious, at least at this point in time, that that’s not going to happen,” he said.
Hoekstra took particular issue with Canada’s “Elbows Up” campaign, a grassroots campaign of national solidarity that sprung up as a result of the Trump administration’s tariffs on Canada and President Trump’s suggestions that Canada become the 51st state. The phrase “Elbows Up” comes from hockey, and it means to skate with one’s elbows up to repel checks from opposing players. It was used frequently by Canadian Prime Minister Mark Carney on the campaign trail.
“‘Elbows up’… was an anti-American campaign. That has continued. That’s disappointing,” said Hoekstra.
Canadian government officials haven’t exactly voiced remorse for the country’s anti-American unity in recent months. On Wednesday, Finance Minister François-Philippe Champagne said the Trump administration’s 35% tariffs on Canadian goods have forced the country to “reinvent” its economy.
“It is sad, I would say, that our largest trading partner turned its back on Canada, which has led to us having to reassess how we’re going to build the economy of the future,” he said.
Canada dropped some its retaliatory tariffs on U.S. goods in August, but it maintains a 25% tariff rate on U.S. cars, steel and aluminum.
Carney has voiced that he’s open to reopening the door for the United States to improve its trade policies with Canada.
“We have the ambition, but a deal is a deal, and a deal has to go for both sides, and Canada will agree to a deal that’s in the best interest of Canadians,” said Carney.
“It should not surprise anyone, including the U.S. ambassador.”
You insult them, you destroy their export markets with tariffs, and now you’re upset that they’re not “MAGA”?

https://www.thedailybeast.com/trumps-canadian-ambassador-blames-canada-for-not-being-maga
GO Banking Rates: Trump Said He Would End Inflation on Day 1 of His Presidency — See Where We Stand Now
On the campaign trail, then-candidate Donald Trump repeatedly promised to “end inflation on Day One” of his presidency.
“Starting on Day One of my new administration, we will end inflation, and we will make America affordable again,” the president said in at an October campaign rally in Saginaw, Michigan, per RollCall.
How well has the president kept that promise?
Inflation Since January
Over the eight months from January through August, the annual Consumer Price Index (CPI) inflation rate averaged 2.65%, per the Bureau of Labor Statistics. That remains higher than the Federal Reserve’s target of 2%, but not egregiously so.
The problem for Trump — and all Americans — is the change in trend direction, not the average.
Inflation had been trending downward when Trump entered the White House in January. It dropped from 3.0% in January to 2.3% in April, and Trump has claimed many times that he has in fact defeated inflation. As recently as Sept. 8, he told WABC, “We have no inflation. Prices are down on just about everything.”
But inflation has been rebounding since April, rising from 2.3% to 2.9% in August. What changed?
Tariffs Trickling Down to Consumers
Through June, companies only passed on 22% of the heightened cost of imported goods to consumers, according to a Goldman Sachs analysis shared with Bloomberg.
Yet the bank warned that if the current tariff policies continue, that number will rise to 67%.
Sure enough, the latest CPI report found that grocery prices jumped 0.6% in August, the largest leap in three years. Apparel and audiovisual prices rose 0.5%, while car parts increased 0.6%. Coffee costs 20% more than it did a year ago.
Overall prices rose 0.4% in August, the largest monthly gain since December.
Ironically, President Trump may have actually been able to deliver on his campaign promise to curb inflation quickly, if it weren’t for sweeping tariffs. All Americans can do today is speculate on that point however, as inflation reaccelerates.
In a nutshell: Trend is upwards; total inflation was 0.4% (annualized rate 4.8%) in August.
Not good!!!
Slingshot News: ‘I Haven’t Heard’: Trump Weasels His Way Out Of Accountability When Pressed On The Russia-Ukraine War During Signing Event [Video]
President Donald Trump recently signed an executive order for the 2028 Olympics Task Force last month at the White House. During his gaggle with the press, Trump dismissed a reporter’s concerns that Ukraine is allegedly conscripting elderly to fight in the war against Russia, claiming he doesn’t know about it. As usual, Trump was also quick to blame the war on former President Joe Biden.
Slingshot News: ‘Jobs Are At A Record’: Trump Outright Ignores Reality As He Lies About His Economy During Press Conference With UK PM Starmer [Video]
During a press conference with British Prime Minister Keir Starmer today, Donald Trump peddles lie after lie about the U.S. economy under his presidency, claiming that his tariffs are bringing in trillions of dollars and that jobs are “at a record.” It should be noted that jobs added last month were far below expectations.
Money Talks News: Highest Tariff Rates Since 1935 Threaten to Eliminate 480,000 American Jobs
Leather goods up 37%, clothing up 35%, and cars up 12% as tariffs reshape American shopping.
Money Talks News: Trump’s Tariffs Could Send Your Insurance Premiums Skyrocketing [Video]
President Trump’s trade policies are creating a perfect storm for the insurance industry and policyholders alike.
MSNBC: Farmers struggle amid rising costs and Trump’s tariffs: ‘We’ve got a real disaster’ [Video]
Hundreds of farmers in Arkansas gathered at a town hall last week to ask Congress for help over mounting debt, aging equipment and disappearing profits. One soybean farmer in the state, Scott Brown, joins Katy Tur to share how. President Trump’s tariffs are impacting his business.