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Re:Canada suspends trade negotiations with USA and match tar... by sanderjd on Saturday August 22, 2026 @09:07AM (#49399364)
There is no grand vision. Trump has an irrational love of tariffs. He just likes them, they feel right to him. It is entirely that we have a presidential system with an executive that is capable of too much unilateral action, and we elected someone to that office who is unfit for it.
Re:Canada suspends trade negotiations with USA and match tar... by ameen on Saturday August 22, 2026 @09:42AM (#49399667)
Does the admin’s affinity for tariffs have anything to do with Lutnick? His “former” firm bought tariff credits from companies for pennies on the dollar - huge upside if you knew what was coming.
Re:Canada suspends trade negotiations with USA and match tar... by sanderjd on Saturday August 22, 2026 @09:54AM (#49399778)
I'd say that's more effect than cause.
Re:Canada suspends trade negotiations with USA and match tar... by kalleboo on Saturday August 22, 2026 @10:06AM (#49399880)
Trumps been talking about tariffs since the 80's https://www.youtube.com/watch?v=iEDVdSclDqg
Re:Canada suspends trade negotiations with USA and match tar... by lebuffon on Saturday August 22, 2026 @09:28AM (#49399566)
When you are forbidden to expand taxation on the people with money, because "ideology" and your country is accruing debt at historic levels, tariffs are about the only revenue source that you have that won't make the oligarchs angry.
Re:Canada suspends trade negotiations with USA and match tar... by sanderjd on Saturday August 22, 2026 @09:56AM (#49399790)
I don't think this has anything to do with revenue or the national debt. They don't seem to care about that at all.
Re:Canada suspends trade negotiations with USA and match tar... by watwut on Saturday August 22, 2026 @10:59AM (#49400454)
Trump is one of oligarchs.
Re:Canada suspends trade negotiations with USA and match tar... by senderista on Saturday August 22, 2026 @04:39PM (#49403665)
I do think that Trump is irrationally attached to protectionism, but I also think that tariffs have at least 2 concrete benefits for him: 1) as a tool of economic coercion to achieve geopolitical ends, and 2) as a form of corruption to solicit de facto bribes in exchange for exemptions.
Re:Canada suspends trade negotiations with USA and match tar... by sanderjd on Saturday August 22, 2026 @06:39PM (#49404553)
2, yes. 1, maybe he thought that would work, but it hasn't.