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Warren Buffett: "Tariffs are an act of war. The tooth fairy doesn't pay them."
General Boards - Politics
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Replies: 6
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Warren Buffett: "Tariffs are an act of war. The tooth fairy doesn't pay them."

4
Mar 4, 2025, 10:21 AM
Reply

It looks like the retaliation has begun and will be felt by US farmers in particular with the tariffs imposed by China. Canada's prime minister Justin Trudeau imposed tariffs on $107 billion of American goods, beginning Tuesday stating "tariffs will remain until US trade actions are withdrawn," as per Times Now.

What tools are available to address rising inflation and declining GDP a.k.a. stagflation?

According to Buffett, "You always have to ask that question in economics. You always say, And then what?”


https://economictimes.indiatimes.com/news/international/us/warren-buffett-slams-donald-trumps-tariff-on-canada-and-mexico-calls-them-an-act-of-war-in-rare-public-rebuke/articleshow/118711196.cms?from=mdr

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No way, I thought he wanted peace***


Mar 4, 2025, 11:31 AM
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Re: Warren Buffett: "Tariffs are an act of war. The tooth fairy doesn't pay them."

1

Mar 4, 2025, 3:13 PM
Reply

Ermehgerd, little canada imposed tariffs on us?

What will we do?

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Canada is our largest trading partner

1
Mar 4, 2025, 3:26 PM
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accounting for over 350 billion in Imports from the US, or roughly 14% of our GDP. What do you think happens when they begin boycotting American made goods?

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Re: Canada is our largest trading partner


Mar 4, 2025, 3:38 PM
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It would be closer to 1.4% of our GDP, but they are indeed the largest purchaser of US goods. They account for 17% of US exports, and they've already started boycotting.

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Re: Canada is our largest trading partner


Mar 4, 2025, 4:09 PM
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yeah, missecd decimal point. A better way to put it is Canada buys about 12% of our total exports.

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You are woefully ignorant of this subject.***


Mar 4, 2025, 3:29 PM [ in reply to Re: Warren Buffett: "Tariffs are an act of war. The tooth fairy doesn't pay them." ]
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[Catahoula] used to be almost solely a PnR rascal, but now has adopted shidpoasting with a passion. -bengaline

You are the meme master. - RPMcMurphy®

Trump is not a phony. - RememberTheDanny


Replies: 6
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