Trump considers pausing his auto tariffs as the world economy endures whiplash

[Native]

Source: CTV National News

WASHINGTON — U.S. President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.

“I’m looking at something to help some of the car companies with it,” Trump told reporters gathered in the Oval Office. The Republican president said automakers needed time to relocate production from Canada, Mexico and other places, “And they need a little bit of time because they’re going to make them here, but they need a little bit of time. So I’m talking about things like that.”

The statement hinted at yet another round of reversals on tariffs as Trump’s onslaught of import taxes has panicked financial markets and raised deep concerns from Wall Street economists about a possible recession.

Carl Tannenbaum, chief economist for the Northern Trust global financial firm, said the whiplash had been so great that he might have to “get fitted for a neck brace.”

Read more: https://www.ctvnews.ca/world/trumps-tariffs/article/trump-considers-pausing-his-auto-tariffs-as-the-world-economy-endures-whiplash/

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And this little gem of a quote by Trump, "I don't change my mind, but I'm flexible."

[AZJonnie]

1. And by 'some of the car companies' he means 'those that contribute enough to my PAC, fire employees that are brown

foreign, liberal, or any combination thereof, entirely de-unionize their workforce (if there is a union there now), and vow to always say great things about all the amazing work Trump is doing!'

Otherwise, they're SOL.

[wyn borkins]

7. AZJonnie Statement is Most-Worthy of Repetition

"And by some of the car companies, he means:

(1) Those that contribute enough money to my PAC

(2) Fire employees that are brown, foreign, liberal, or any combination thereof

(3) Entirely de-unionize their workforce (if there is a union there now)

(4) Vow to always say great things about the amazing work Trump is doing

Otherwise, they're SOL."

[Bluetus]

12. Clearly that is his intention. Otherwise there would be reason to ever say "some companies"

These tariffs are ALL ILLEGAL. When is there could to be legal action to get this to the SCOTUS?

[underpants]

2. Jesus he's a child.

[Native]

4. Yup, and now he's whining on Truth Social about 60 Minutes' program last night on Greenland & Ukraine

which was awesome in case anyone is interested in checking them out. Predictably, he wants the FCC to punish them and take away their license.

[SWBTATTReg]

3. Moron has killed our economy. It's too late to back off by now. The damages has been done, and recovery won't

start occurring until tRUMP is out of office and the idiotic run down of our economy stops in its tracks.

[Native]

5. and I don't see that being much help either. It's the American public that put this asshole in office, and they're as

gullible as ever and will still be around long after Krasnov is gone. If I were another country, I wouldn't give us a second look after this shit show. How could anyone ever trust us again after this?

[travelingthrulife]

16. My MAGA brother thinks trump's 4th dimensional chess has China on the ropes.

Because Trump and his media megaphone say so.

I reminded him that China owns lots of our debt and a fair amount of property in this country. They are making new friends around the world daily as our friends disappear.

[Torchlight]

6. trump's got more flip-flops than a formal dance in east Texas.

He gets international flop-sweat when presented with consequences.

[Rebl2]

8. Why can't

he make up his damn itty bitty mind on these tariffs!

[Yo_Mama_Been_Loggin]

9. He'll change his mind again tomorrow

[Mblaze]

10. He wants to keep

The Sword of Damocles hanging.

[Justice matters.]

14. That Sword is actually bankrupting small businesses.

From the felonious fraudster who bankrupted... CASINOs! No wonder his constant childish flip-flops are bankrupting THEM now:

Her Business Was Thriving. Then Came the Tariffs. - The Daily NYT

https://www.democraticunderground.com/132269631


But his donors get INSIDER TRADING gains by $2.5 Billions and $0.9 Billion in a day...

[OverBurn]

11. Everyday he shows what a fucking idiot he is.

[Strelnikov_]

13. Ole pump n dump

Already bought low, pump on no tariffs, sell high, and start the cycle all over again.

[PortTack]

15. He's doing this at least in part to push muskrat for more money...doesn't matter...tesla is cooked