this post was submitted on 05 Mar 2025

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353

Trump's Speech To Congress: Tariffs are NOT about Border. "It's About Making America Rich" (lemmy.ca)

submitted 1 day ago* (last edited 1 day ago) by lineofkings to c/canada

88 comments fedilink hide all child comments

I thought the reason for trashing trade agreements and taking a wrecking ball to the Canadian economy with extreme tariffs was because of fentanyl coming from Canada at the border?

Apparently not, says Trump, from his speech at Congress tonight: “... Tariffs are about making America rich again and making America great again”.

By his own words, he has just shown his big lie.

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[–] Mycatiskai 18 points 15 hours ago (1 children)

It's about making America Reich.

[–] [email protected] 2 points 13 hours ago

For the non-german speakers, this is smart and funny because "Reich" (as in "third-reich") means something like "empire", but also "rich".

[–] [email protected] 12 points 17 hours ago

This guy is trying to bring back mercantilism.

[–] [email protected] 76 points 1 day ago (3 children)

So they're illegal then?

Trump was only able to enact these tariffs without sign off from Congress (which he would absolutely not get) because they were enacted under the International Emergency Economic Powers Act. The act allows the president to apply certain controls over the economy so long as they're in response to a national emergency. At some point a while back either Trump or Biden, I forget which, declared a state of emergency over fentanyl. Trump is now using the tiny trickle of fentanyl coming from Canada as his justification for these tariffs because has to connect them to a state of emergency to enforce them.

If they're actually about making America richer (no matter how wrong he is about how that works) then they need approval by congress to go into force. Every single affected business in America should have standing to sue over that.

[–] Phil_in_here 43 points 1 day ago (1 children)

Oh no, their convicted felon president who faced zero repercussions is committing another crime! I'm sure the US legal system will provide justice.

I agree that people should be made aware, but replace "sue" with "riot".

[–] Randomgal 14 points 21 hours ago (2 children)

Trust me bro. One more lawsuit and it's over trust me bro. Just one more.

[–] Phil_in_here 9 points 21 hours ago (1 children)

A man can only stand so many finger wags!

[–] [email protected] 9 points 21 hours ago

It's when they furrow their brows that you know they're really serious!

[–] [email protected] 8 points 21 hours ago

The walls are closing in on Trump!

[–] cyborganism 12 points 1 day ago (1 children)

Who's gonna do anything about it anyway ? They're all in on it.

[–] [email protected] 3 points 23 hours ago (2 children)

Who is they? American business owners? Because while you might see the big public players on a stage with Trump, the private sector of business is a an extremely diverse group. They don’t support Trump by virtue of their existence, just because they’re businesses.

[–] cyborganism 1 points 11 hours ago

They == Congress

[–] [email protected] 3 points 21 hours ago

And they're definitely not a fan of his obsession with tariffs. Just look what's happening to the stock market.

[–] lineofkings 5 points 23 hours ago

Absolutely right. He knows what he’s doing. He’s messing with the law expertly for years.

Well he went through his normally fentanyl crisis bs, then let this slip out about tariffs would make America rich.

Americans aren’t pushing back yet because they believe his lies AND believes it will make his country rich.

[–] theacharnian 3 points 16 hours ago

Fuck Donald Trump.

[–] [email protected] 33 points 1 day ago

By america he means the rich folks.

[–] humanspiral 10 points 21 hours ago

Very disturbing.

US has an auto surplus with Canada. Vast overall trade, with exports 2% of GDP.

Tariffs are a sales tax that is somewhat regressive. What he's saying is more tax cuts for the rich can be financed by taxes on the non rich, but with a cost to production/output/employment too. Canada should be acting now, but sooner or later, if auto and other industry is destroyed, there are much higher value options than what's made in US, (and we subsidize auto industry heavily) and blacklisting US goods in Canada is not going to make the US richer, even if the oligarchs get lower taxes.

But the supremacist attitude to destroy Canada, whether or not "it pays off", is a betrayal that needs counter actions/diplomacy with others now instead of waiting/hoping that supremacist domination will be rationalized away.

[–] [email protected] 13 points 22 hours ago (1 children)

In america the rich eat the poor

[–] 60d 4 points 14 hours ago (1 children)

In Mother Russia, the rich eat the poor.

FTFY

[–] [email protected] 4 points 14 hours ago

That's what he said, america...

[–] [email protected] 35 points 1 day ago (3 children)

Okay, so it absolutely was market manipulation. A dump and pump. Cue the tariffs to be rescinded this afternoon.

[–] [email protected] 2 points 9 hours ago

More like creating the conditions of a fire sale to allow the oligarchs to buy up large swaths of whatever they fancy.

[–] [email protected] 16 points 1 day ago (2 children)

If it was intended to be a dump and pump, it's not going to work. Companies aren't going to reestablish supply chains just to get rugpulled later. More important than price and quality is consistency. Just the uncertainty alone will have an effect for years.

[–] [email protected] 12 points 1 day ago

Yep look at the soy export market. After Trump's last fiasco on 2018 and Biden not reversing the idiot, Brazil has replaced the U.S. as the top exporter in the world.

[–] humanspiral 2 points 21 hours ago

In addition to huge costs of new plants, and finding replacements for skilled Canadian workers, there would be loss of Canadian market for those vehicles. China has better value cars, and US made cars would go way up in price to recoup those investments.

He lost the 2020 election for screwing up the US over Covid. A bigger recession won't help the midterms or 2028 "president for life decree".

[–] lineofkings 6 points 23 hours ago

Holy gawd you’re right. Ultimate evil.

[–] [email protected] 56 points 1 day ago (1 children)

He's missing an "e" there. It's about making America Reich.

[–] YesButActuallyMaybe 4 points 23 hours ago

Everyone knows a Reichsbürger beats a regular burger.

[–] TheFeatureCreature 115 points 1 day ago (2 children)

The words of a weak, pathetic man.

[–] Daelsky 50 points 1 day ago (5 children)

I listened to it with my dad. Horrible. This guy is mentally ill and doesn’t comprehend what tariffs do. It will crash America’s economy and squeeze even harder the middle class there. Unless that’s what he wants..

[–] [email protected] 7 points 1 day ago

No no, it'll make AMERICA (Trump's America, the billionaire and multimillionaire class) wealthier. That's what they want. The entire idea is to effectively crush whatever little middle class is left, and make the lower class dependent upon the whims of the aristocrats like him.

Basically, we're rapidly sliding back towards feudalism, with us as the serfs.

[–] [email protected] 33 points 1 day ago (2 children)

I didn't watch it. I just can't listen to him speak for more than about 30 seconds. The gibberish and gish-gallops are just too much for me to handle. I usually try to find a transcript after the fact.

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[–] [email protected] 5 points 1 day ago* (last edited 1 day ago)

Just like how noone was punished for the great recession as corporations grabbed people's homes. They are salivating over the idea of doing that at a massive scale.

[–] mp3 20 points 1 day ago* (last edited 1 day ago) (2 children)

It would be underestimating Trump to think he doesn't understand what tariffs do.

He's backed by the richest men in the world, and he's going scorched earth to make them richer.

He's not stupid; he's greedy, nefarious and will stop at nothing to achieve his goals of making America's richest folks even richer at the expense of everything else.

Trump by himself is just a rambling old man. What is scary is the army of like-minded people worshipping him.

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[–] [email protected] 24 points 1 day ago

He believes he IS America, we will see if he's wrong

[–] lineofkings 36 points 1 day ago (2 children)

I don't know of any other word to use for him than evil. Who deliberately destroys millions of lives intentionally purely for their own monetary gain?

The problem is, many many Americans support this kind of leadership style of USA. The world needs to stop supporting America. Stop buying American products and services. America's only goal is destroy everyone and everything else for it's own gain.

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[–] [email protected] 53 points 1 day ago (4 children)

The fun part about Trump's voter base is that when you point to this, they'll still say it was about fentanyl. That's the beauty of presenting contradictory facts: idiots will cherry-pick whichever one they think makes themselves correct and everyone else wrong.

[–] [email protected] 31 points 1 day ago (1 children)

They're not just idiots. They're indoctrinated to the point of extreme mental illness; they're a danger to society, and themselves.

[–] [email protected] 7 points 1 day ago (1 children)

They think they're in on the game. When they finally find out they're not, it's going to be a rude awakening and too late.

[–] [email protected] 8 points 1 day ago

You underestimate the cognitive dissonance of the average Trumper, there will be no awakening

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[–] adarza 93 points 1 day ago* (last edited 1 day ago) (5 children)

translation for the masses: it's about "making america's rich, richer". he don't give a fk about you or me or anyone else. just those very few at the top (and even then, he don't care about them, either, unless they're giving him a cut or are a pathway to power)

[–] lineofkings 28 points 1 day ago (10 children)

Oh man exactly. Why do people buy his bs and lies so hard?

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[–] [email protected] 38 points 1 day ago (11 children)

As an American I feel like I need to apologize to the regular people of the world. I don't support anything this moron is doing. Fuck Donald Trump, the ultra rich and our spineless representatives.

[–] cyborganism 10 points 1 day ago

Apologize all you want. Don't care.

Stop apologizing and go yell at your government officials. Run your republican magat governors out of your state government. Run your magat state rep or congress person out of office. Organize and go protest and get shit done.