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President Trump’s assertion that tariffs could have prevented the Great Depression sparked widespread online ridicule. He incorrectly claimed that a lack of tariffs caused the Depression, directly contradicting the established understanding that the Smoot-Hawley Tariff Act, enacted during the Depression, worsened the economic crisis through trade wars. His new tariff announcement immediately triggered a stock market downturn, further fueling criticism. Experts, including former Labor Secretary Robert Reich, condemned the tariffs as unjustly transferring wealth from working people to the wealthy.
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House Democrats are planning to force a vote on repealing the Trump-era tariffs, a move that’s generating considerable buzz and diverse reactions. This decisive action aims to directly confront the economic consequences of these tariffs, which many believe are detrimental to the American economy.
The potential ramifications of this vote are significant, and the debate is far from settled. The plan to force a vote suggests a concerted effort by House Democrats to make this a central issue, highlighting the potential negative impacts on consumers and businesses. The sheer act of forcing a vote puts pressure on Republicans to publicly state their position, potentially leading to internal party divisions and exposing vulnerabilities.… Continue reading
A recent AP-NORC poll reveals President Trump’s net approval rating has plummeted to a new second-term low of -14 points, with 56% disapproving of his performance. This disapproval extends to his handling of the economy (58% disapproval) and trade negotiations (60% disapproval), mirroring other polls showing declining economic approval. Shifting public opinion, including a growing belief that Trump is responsible for current economic conditions, could significantly impact his political standing and legislative agenda. The ongoing economic uncertainty and international tensions may further influence his approval ratings in the coming weeks.
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In a private call, the President warned auto CEOs against raising prices following his new tariffs, implicitly threatening retribution. This action is viewed as an abuse of power, further undermining the President’s stated goal of rebuilding the nation’s industrial base. The tariffs, including a 25% levy on imported vehicles and parts, are projected to significantly increase auto prices and harm the auto industry. This contradicts the President’s stated aims and undermines the transition to a green future. The President’s actions expose the absurdity of his economic policies.
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In response to President Trump’s tariffs on Canadian goods, the Canadian government launched a U.S. ad campaign emphasizing the detrimental impact of these taxes on American consumers. Large digital billboards, strategically placed in key U.S. cities, highlight the financial burden these tariffs impose on American households. Simultaneously, a domestic campaign aims to bolster Canadian unity and patriotism. Polling data indicates that a significant portion of Americans oppose Trump’s tariffs and are concerned about rising prices. The Canadian government continues to pursue diplomatic solutions while preparing retaliatory measures against further tariff increases.
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Contrary to reports, President Trump did not actually fire any Federal Trade Commission commissioners. His actions constituted a public declaration of his *desired* power to remove them, a power he legally lacks. News coverage of this event, and of Trump’s broader economic plans, often misrepresents the situation, either downplaying the lack of substance in his pronouncements or accepting his claims at face value. This inaccurate portrayal ignores the underlying reality: Trump’s economic policies are driven by corruption and a lack of intellectual capacity.
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John Q. Hosedrinker 
Matt Underwood