Trump in office

[Prof Emeritus at Fawk U]

Oh ya, well our prime minister announced he recognizes a terrorist organization as a legitimate government.

Carney deserves a pat on the head for that.

[Shen Li]

Carney deserves a bullet in the head for that.

Fixed it for you.

[DKG]

There's a downside for the US placing tariffs on all Canadian imports, of course. Over 25 of their refineries, producing more than a quarter of their petroleum products, are tooled to handle Canada's heavy oil and cannot be re-tooled easily, quickly or cheaply to refine lighter grades.

The Americans will not be able to impose tariffs on our oil or auto parts without suffering immediate, mid-term economic pain of their own.

But if, in the chaos created by Liberal self-indulgence, Canada ends up starting a trade war by talking tough, the damage to our economy could last a decade. Another lost decade.

[Brent]

There's a downside for the US placing tariffs on all Canadian imports, of course. Over 25 of their refineries, producing more than a quarter of their petroleum products, are tooled to handle Canada's heavy oil and cannot be re-tooled easily, quickly or cheaply to refine lighter grades.

The Americans will not be able to impose tariffs on our oil or auto parts without suffering immediate, mid-term economic pain of their own.

But if, in the chaos created by Liberal self-indulgence, Canada ends up starting a trade war by talking tough, the damage to our economy could last a decade. Another lost decade.

Tariffs are a good tool to use to protect jobs and increase revenue. We should have done that with our manufacturing industry and not just dairy.

[Lokmar]

Tariffs are a good tool to use to protect jobs and increase revenue. We should have done that with our manufacturing industry and not just dairy.

Honestly, I think all countries should use tariffs to protect their industries. The global economy is shit and its destroyed the middle class everywhere.

[Herman]

Homeland Security Secretary Kristi Noem said on the last day of her South American tour that Ecuador's president said he would consider accepting Venezuelans who are in the United States illegally.

Noem visited and signed deals with her counterparts this week in Argentina, Chile, and Ecuador to continue ensuring cooperation in the region to prevent illegal immigrants and hardened criminals from reaching North America.

[Herman]

The Environmental Protection Agency has just set off what may be the most consequential policy shift in the auto industry in over a decade.

On Tuesday, EPA Administrator Lee Zeldin announced a proposal to rescind the controversial 2009 Endangerment Finding, the legal foundation that has been used for 16 years to justify greenhouse gas emissions regulations impacting every car, truck, and bus sold in the U.S.

If finalized, this proposal would dismantle more than $1 trillion in regulatory mandates, including President Biden's aggressive electric vehicle requirements, and restore consumer choice to a market long constrained by unelected bureaucrats. It would also put the brakes on unpopular mandates like engine start-stop systems and costly EV infrastructure requirements that automakers say have driven up vehicle prices.

[Herman]

Foreign nationals are increasingly exiting the Trump economy.

Citing Bureau of Labor Statistics data accessed through the Federal Reserve Economic Data system, Snopes indicated that under former President Joe Biden, native-born Americans' share of job gains from January 2024 to June 2024 was 51.7%. While native-born Americans picked up roughly 1.09 million jobs, foreign-born individuals grabbed 1.02 million jobs.

Under President Donald Trump a year later, native-born Americans accounted for 100% of non-seasonally adjusted job gains from January to June.

The U.S. Department of Labor revealed on Friday that this trend continued into last month, stating, "Wages are up, investments are pouring into our nation, and native-born workers have accounted for ALL job gains since January!