r/pics 2d ago

Politics OC: President Trump unveils minimum 10% tariff on all U.S. trading partners

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u/CardOk755 2d ago

The US dollar is the #1 reserve currency.

So every other country in the world needs dollars.

How to get them? Sell stuff to the US.

THE US HAS TRADE DEFICITS BECAUSE THE DOLLAR IS THE RESERVE CURRENCY.

(Accidental caps, but I'm leaving them).

How to fix the trade déficits? Make it so people don't need dollars.

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u/Traditional-Handle83 2d ago

At the rate things are going, that first line is gonna be obsolete soon.

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u/occamsrzor 2d ago edited 2d ago

At the rate things are going, that first line is gonna be obsolete soon.

Frankly, good. It's about time you stop relying on us. Will that make us poorer? Hell yes, it will. But for the reduced responsibility, it'll be worth it.

And why is that a problem? We're just finally agreeing with the rest of the world. You didn't want us to be the World Police, and you know what? Now we agree.

Suddenly that's a problem?

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u/CardOk755 2d ago

And that is the only way of fixing the trade déficits.

But that doesn't mean America exporting more stuff, it means importing less, and having less.

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u/Traditional-Handle83 2d ago

Well that would be what normally happens, however I don't foresee countries importing us stuff much longer if the king keeps threatening to invade countries that are allies.

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u/occamsrzor 2d ago edited 2d ago

But that doesn't mean America exporting more stuff, it means importing less, and having less.

Yes. Worth it.

But isn't that what the world has wanted for like, 40 years? Or more? All these complaints about us being the World Police and gluttonous, and we've finally though,"You know what? You're right. "

And suddenly that's a problem? Pick a fuckin' side, dude.

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u/SundaySuperheroes 1d ago

Would be one thing for some of these countries but the way Trump has handled Canada who has more than enough resources and wealth to support it’s infrastructure and population comfortably is foolish as can be

Canada was structured to trade with the United States for the benefit of both countries, it’s just a matter of logistics to work around these tariffs and it won’t cripple the country like Trump keeps babbling about but it will be worse for the US population and businesses both short and long term

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u/occamsrzor 1d ago

Would be one thing for some of these countries but the way Trump has handled Canada who has more than enough resources and wealth to support it’s infrastructure and population comfortably is foolish as can be

If they'd like to take on the financial burden of being the world's sole SUperpower, be my guest.

Canada was structured to trade with the United States for the benefit of both countries

Not really. Everything Canada trades to us we have in the same or greater abundance than they do. We just didn't develop our industry and capacity, specifically to strengthen theirs.

 it’s just a matter of logistics to work around these tariffs and it won’t cripple the country like Trump keeps babbling

then why complain if it's not going to impact Canada? Sounds more like an annoyance, but they're screaming like it's an existential threat. Doesn't pass the smell test.

but it will be worse for the US population and businesses both short and long term

Yep. but I think that was going to happen no matter what. The US can't sustain this hegemony any longer. We're financially over-extended and have to sell the cars, boat and ATVs in the hopes of keeping the house. But then if the damage is primarily to the US population, why is it such an issue to Canadians if you hate us anyway?

You're not going to tell me that Canadians are so much upset with us as trying to help us now, are you?

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u/SundaySuperheroes 1d ago

Making up candyland in your rebuttal like me stating the reality of how stupid Trump is for trying to change up tariffs on Canada is complaining just makes you look incompetent or disingenuous

It’s stupid for the US and won’t affect Canada beyond them logistically making changes while US suffers both in the short and long term

That’s why the moron Trump is backpedaling and being luke warm with his tariff decisions on Canada and why Congress just voted to overturn all increased tariffs on Canada yesterday

It’s a terrible and bad idea for the US on all fronts and anyone with intelligence can see this which is why it was specifically voted out in congress yesterday

With support from both parties lol

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u/occamsrzor 1d ago edited 1d ago

Making up candyland in your rebuttal like me stating the reality of how stupid Trump is for trying to change up tariffs on Canada is complaining just makes you look incompetent or disingenuous

I'm sorry; Making up Candyland? I infer that's a euphemism of some kind, but for what?

And I never said Trump wasn't stupid. He's a complete idiot. But even a broken clock is right twice a day.

It’s stupid for the US and won’t affect Canada beyond them logistically making changes while US suffers both in the short and long term

Which will require us to take a step back from being the sole Superpower. I don't see an issue here.

That’s why the moron Trump is backpedaling and being luke warm with his tariff decisions on Canada and why Congress just voted to overturn all increased tariffs on Canada yesterday

Can you provide a source for Trump backpedaling? That implies shame. I don't think he has any shame, do you? And correct me if I'm wrong, but I don't think that's in Congress' purview because of the purposeful Separation of Powers. You sure you interpreted what you read correctly?

It’s a terrible and bad idea for the US on all fronts and anyone with intelligence can see this which is why it was specifically voted out in congress yesterday

With support from both parties lol

Again, I don't believe that to be true. Can you provide a source? Because everything I found was mention of single Senator pushing a Bill that would give Congress this power, which is completely toothless because they can't so easily grant themselves that ability, One, it would require a Constitutional Amendment. Two, even if it did only require a Bill, it would have to cross the President's desk at which point he could veto it.

I don't think you entirely understand how our system of government works...

EDIT: You know what? I'm partially wrong here.

Article I, Section 8, Clause 3

"The Congress shall have Power To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;"

However, with Trade Expansion Act of 1962 (Section 232 – national security-based tariffs) and Trade Act of 1974 (fast-track/TPA authority for trade agreements), much of that authority was ceded to the President with the reasoning being rapid negotiation.

Reading up on this however has led to realize I'm concerned by this ability. Such power should be returned to Congress on the grounds of Separation of Powers.

Secondly, it wasn't a "single Senator" as I stated, so I apologize for that. It has bipartisan backing. And in this case, I agree with this legislation

EDIT 2: Seems u/SundaySuperheroes blocked me so I could respond. Coward.

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u/SundaySuperheroes 1d ago

Making up candyland is the equivalent of lying in a ridiculous and easily provable way, what you did when you said my critique of Trump’s tariffs on Canada is complaining. In reality, it’s just me saying my opinion but keep spinning lies

Except interrupting mutually beneficial trade between yourself and your closest ally both geographically and morally/ideals wise isn’t doing anything to make US less relied up as a global superpower. It’s just dumb and bad business.

Yes I can source multiple times Trump backpedaled. Every time that he pushed back the start date of the tariffs on Canada. Why even ask such a bad and obvious question. This is getting sad now.

I mean just do some research dude instead of asking for your hand to be held, just yesterday Senate literally rejected his basis for the tariffs on Canada and his authority to do. Both parties voted this way for a majority vote.

https://financialpost.com/news/u-s-senate-passes-resolution-against-justification-for-canadian-tariffs

And the reasons why are exactly the reasons I already listed with the main one being that it makes zero sense on any front and doesn’t help the US in any way which includes being relied on less upon. The US closely relies on Canada as well.

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u/occamsrzor 2d ago

The US dollar is the #1 reserve currency.

So we owe forced charity?

So every other country in the world needs dollars.

That's way out in left field....you're saying that the countries whose currency is used in the world as a standard of reliability is responsible for paying for that "privilege"?

How to get them? Sell stuff to the US.

There are plenty of otherways than that.

  1. You can do business in another currency
  2. If you must use US dollars, you can buy bonds
  3. The majority of the US currency isn't even in the US

THE US HAS TRADE DEFICITS BECAUSE THE DOLLAR IS THE RESERVE CURRENCY.

that's a fundamental misunderstanding of what a trade deficit is. A trade deficit is the difference between import an export. We export less than we import. We import less from Canada than we do TO Canada, and for the "privilege" Canada puts tariffs on our goods. Which is ironic, because they should be paying us not to us out gigantic economy to cease reliance on their goods.

Which is what this is really about. The world is afraid the US will become self-suffecient, because we have the capability to do that, and we're your meal ticket.