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Donald Trump the Megathread part II - Mod Warning updated in OP 12/2/26

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Comments

  • Registered Users, Registered Users 2 Posts: 16,599 ✭✭✭✭charlie14


    It may indeed take that length of time to sort out the legality of his latest 10% tariffs, but there are now from yesterdays judgement companies who will be seeking refunds of up to €175 billion paid in illegal tariffs, and from yesterday`s judgement it`s more than likely that whenever they get around to a judgement on this new 10% if he does not have Congress approval, the result will be the same.

    None of these tariffs of Trump`s are putting extra money into the U.S. economy other than the extra tax these tariffs are taking from their own citizens. His big idea that tariffs payable by those outside of the U.S. would strengthen their economy - and fund his Big Beautiful Bill - are in tatters. He may try and kick it down the road, but those tariffs will have to be repaid with more interest on top the longer it takes to repay them.



  • Registered Users, Registered Users 2 Posts: 15,974 ✭✭✭✭briany


    150 days…. Let's see - that's certainly less than six months, so some time in late Summer? Republicans will still control Congress by then, so tariffs should continue until the mid-terms at least. Hard to see a Republican Congress striking down much of anything of Trump's. I mean, they have the chance to do that right now with the SAVE act. The SAVE act is intended to fix something that independent studies have not shown to really be any kind of problem (non-citizens voting) by requiring proof of citizenship to register to vote. Still, the SAVE act has already been passed from the House to the Senate.

    Obviously, Trump intends on leaning on those midterm elections as much as possible to generate a desired outcome via this act and other possible tactics. If he doesn't get it, he will have a standoff with Congress and there will be no limit to the depths he'd go to circumvent them and render them essentially powerless. He has no scruples.



  • Registered Users, Registered Users 2 Posts: 16,599 ✭✭✭✭charlie14


    Getting support from Congress might not be that cut and dried though. Republicans in both houses have been happily dodging the issue due to Trump`s executive orders,. and Trump not going to Congress to validate those tariffs would suggest Trump had doubts he would get it. John Thune for one, leader of the Senate Republican congress, is not a fan of tariffs.

    The SAVE act is different in that it is not costing U.S. citizens financially, but these tariffs are as they are paying the vast share of them



  • Registered Users, Registered Users 2 Posts: 6,852 ✭✭✭Wolf359f


    Only the illegal IEEPA tariffs will be refunded. I cannot see how difficult that would be to refund. They are paid to the CBP. Very easy to just refund them. That's the governments hands washed. The messy part is the intermediaries who collected them like couriers and brokers etc... worth mentioning that the admin fees couriers charged wouldn't be refunded.

    If Trump goes ahead with the new 10% tariff and stops them after 150 days, then it's all above board. I doubt any court is going to rule them illegal.



  • Registered Users, Registered Users 2 Posts: 4,779 ✭✭✭amandstu


    I heard it suggested that when the 150 day limit was up on this new tariff regime Trump could start a new tariff regime which was almost identical so as to get another 150 days under this new label.

    I also heard it suggested that if they did refund the billions in this now illegal tariff regime that it would work as a stimulus to the economy allowing the Repugnicans to point to a healthily upswinging economy as the mid terms approached.

    Mind you it would not be as simple as an injection of cash(even though it was an effective tax on the population) and any refund would be to the businesses rather than to the consumers.

    Maybe an injection of intelligence to the Maga supporters' skulls might be a more effective strategy ..

    Post edited by amandstu on


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  • Registered Users, Registered Users 2 Posts: 5,073 ✭✭✭Francis McM


    Wonder how will it affect the stock market? Pension funds are the biggest investors in stock markets - I think they are at an all time high now, after Trump being in power - when will they fall is the question.

    Of all of the countries in the western world, i think Trump and the Republicans are annoyed with us the most - Trump and his chronies say the Irish are cute *****s and manage to make tens of billions every year out of their American companies like Apple and Microsoft. Plus we are freeloaders big time when it comes to defence spending. And we are seen as the most anti-semetic country in Europe, that does not go down well with many in America either. I wonder will we have any elected politician invited to St Paddy's Day this year in good auld USA?



  • Registered Users, Registered Users 2 Posts: 7,655 ✭✭✭eightieschewbaccy


    Trump is about 6 months off being a lame duck. Getting in fights with the supreme court means his domestic problems are probably at the forefront for him.

    In terms of the rant of us being the country the US is most annoyed at. That's nonsense. The US has literally spent the last year burning relationships with all of its allies. He's probably most annoyed at their neighbours for standing up to him. Then there's Denmark and Norway. We don't even rank. We did get a Whitehouse invite already although I find it a tad disgusting to attend at the moment.

    In terms of us being the most anti semetic country. It amounts to propaganda. We're opposed to the actions of the state of Israel.



  • Registered Users, Registered Users 2 Posts: 7,697 ✭✭✭yagan


    Date set for Trump's visit to China, March 31st.

    I wonder if he'll start winding up his Chy-na bashing in the coming weeks.



  • Registered Users, Registered Users 2 Posts: 16,599 ✭✭✭✭charlie14


    Whoever came up with these illegal tariffs being refunded would work as an economic stimulus doesn`t appear to have thought it through. Based on that logic they are saying that the flip side is that these tariffs were really to the economy`s detriment.

    Those refunds will not gain the consumer one cent. Companies who have been paying those tariffs will pocket the refunds with consumers most likely having to pay for those refunds, plus the interest accrued, plus the legal costs of both sides through extra federal taxes.



  • Registered Users, Registered Users 2, Paid Member Posts: 15,533 ✭✭✭✭Igotadose


    Convicted felon Peter Navarro is the tariff whisperer in this admin.



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  • Registered Users, Registered Users 2 Posts: 9,894 ✭✭✭threeball


    No doubt, the country has a fair chunk of idiots, even alot of educated idiots but I think Trumps effectiveness is gone now. Without the tarriff threat, countries will just ignore him. If its a 10% tarriff, so be it. Everyone knows the routine at this stage.

    If they're idiotic enough to not neuter him in November then thats their problem. He can run the US into the ground as far as I'm concerned. As long as his ability to hurt other countries is greatly diminished



  • Registered Users, Registered Users 2 Posts: 38,141 ✭✭✭✭odyssey06


    Contradiction there.

    Pension funds invest in companies.

    Those companies are in Ireland to maximise profit and share price.

    Those dividends flow back to the US shareholders.

    Which are taxed when drawn down.

    "To follow knowledge like a sinking star..." (Tennyson's Ulysses)



  • Registered Users, Registered Users 2 Posts: 7,697 ✭✭✭yagan


    Yes, there was no great USD bounceback after the ruling.

    A country divided is a country diminished.



  • Registered Users, Registered Users 2, Paid Member Posts: 3,092 ✭✭✭nachouser


    It's kinda funny that the tariff refund is estimated at 175b, I just read today that the ICE annual budget is now up to 85b. I wonder how many Americans are aware of either figure.



  • Registered Users, Registered Users 2 Posts: 19,184 ✭✭✭✭banie01


    Vital to note that implies that Trump and his handlers believe that should the initiate any action against Iran?
    That they believe it will be either completely finished, or very much on the way to being so by then.
    China's support for Iran is copper fastened by a 2 way barter trade, Chinese weapons, components, intel and support flowing one way and huge amounts of Iranian oil the other.

    Should the US start and still be involved in a war with Iran?
    The visit will be pushed back and particularly if there is any successful use of Chinese Air Defence or other weapons in countering US/Israel.



  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 98,147 Mod ✭✭✭✭Capt'n Midnight


    image.png

    ..

    https://apnews.com/article/trump-family-trademark-airports-d636dc340af72e6f2c8997b83745ff1d

    In response to criticism that he and his family are profiting off the presidency, Trump has said that his business is held in trust by his sons and that he has no day-to-day involvement in the company.



  • Registered Users, Registered Users 2 Posts: 564 ✭✭✭midlander12


    He lost a House vote on his Canadian tariffs only this week. Enough Republicans switched sides. The likes of Thomas Massie and Don Bacon have turned into a new awkward squad for him.



  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 98,147 Mod ✭✭✭✭Capt'n Midnight




  • Registered Users, Registered Users 2 Posts: 16,599 ✭✭✭✭charlie14


    I`m not sure of the wisdom of listening to someone who has done time for contempt of congress is a genius move if you are planning to do the same yourself.



  • Registered Users, Registered Users 2 Posts: 15,974 ✭✭✭✭briany


    They may pay for that if Trump decides to punish them by endorsing a challenger in the upcoming midterm primaries.



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  • Registered Users, Registered Users 2 Posts: 16,599 ✭✭✭✭charlie14


    On a vote of 211 to 219 with 6 Republicans going against Trump`s wishes.



  • Registered Users, Registered Users 2 Posts: 4,779 ✭✭✭amandstu


    Abbey Phillips brought it up (don't know where she heard it from or if the idea was her own)

    She is no slouch and I doubt she had not pondered the practicalities, even though she was just raising it as a possibility and wondering why it had not occurred to the Repugs.

    It did get discussed by the panel following her bringing it up on her CNN slot.



  • Registered Users, Registered Users 2, Paid Member Posts: 15,533 ✭✭✭✭Igotadose


    Charles Kushner is also a convicted felon, now ambassador to France. Most corrupt administration since Trump 1.0.



  • Registered Users, Registered Users 2 Posts: 5,073 ✭✭✭Francis McM


    So your theory is that US companies like Apple and Microsoft paying tens billions of tax on their worldwide profits in an offshore tax haven like Ireland is better for the US taxpayer than if they paid those taxes at home?

    Good luck with than one.



  • Registered Users, Registered Users 2 Posts: 38,141 ✭✭✭✭odyssey06


    It financially benefits a very large number of Americans, including Trump. Something which doesnt get mentioned in the kind of 'feelings' you referenced.

    And a corrupt Trump, do you really think he wouldnt setup this tax dodge and that tax dodge for his big business buddies?

    "To follow knowledge like a sinking star..." (Tennyson's Ulysses)



  • Registered Users, Registered Users 2 Posts: 16,599 ✭✭✭✭charlie14


    Fair enough, but I just cannot see if tariffs were supposed to be this great shot in the arm for the U.S. economy how now having to pay back those same tariffs are now going to be a shot in the arm. She is entitled to her opinion, but it does seem very contradictory to me anyway.



  • Registered Users, Registered Users 2 Posts: 16,599 ✭✭✭✭charlie14


    Knowing the French, I`m sure they will give him the regards he is entitled too as a convicted felon.



  • Registered Users, Registered Users 2, Paid Member Posts: 8,827 ✭✭✭plodder


    They can't win either way then. If they voted in favour of the tariffs, they'd have been accused of rewarding Trump in exactly the way he expected, for appointing them.

    I think Roberts has reclaimed some authority over the court with this judgement and Coney Barrett and Gorsuch cementing their reputations as unpredictable swing voters. I agree with the poster who says Kavanaugh is a disappointment. It'd be a fairly appalling vista if illegal acts by the government should be green lit, merely because there are serious consequences to righting any wrongs committed.

    “The opposite of 'good' is 'good intentions'”



  • Registered Users, Registered Users 2 Posts: 5,073 ✭✭✭Francis McM


    Trump does not need the money, at his age in life he has more than he could very spend.

    As of February 2026, Donald Trump's estimated net worth is approximately $6.5 billion to over $7 billion. That is 7,000,000,000.00 dollars.

    Thats nearly as much as Apple and Microsoft give us each year now, bless 'em. Trump and his cronies in the Republican party want a fairer slice of that for the American taxpayer.

    ,



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  • Registered Users, Registered Users 2 Posts: 7,655 ✭✭✭eightieschewbaccy


    Trump has literally been enriching himself via the office so he pretty clearly wants the money. The likes of Apple and Microsoft are effectively countries in their own right. They're absolutely not going to leave Ireland because of Trump. Similarly pharmaceutical companies are not gonna leave the country.

    You also seem to be ignoring the fact that Ireland doesn't rank at all in terms of an interest. The Trump administration and the GOP largely care about enrichment of themselves btw. If they wanted a fairer slice, they wouldn't be putting tariffs on the US public. What businesses has Trump brought back to the US in either his first or second term btw?

    If we're to look back at the Biden administration. They were pursuing modernising US infrastructure. That would have been a net job creator. Meanwhile Trump appears to be focusing on creating conflicts and dying industries. He's putting the US behind the rest of the world.

    Anyway, this appears to be you fantasizing about Ireland being targeted. Meanwhile he's months away from being a lame duck. He's also in a far weaker position after that supreme Court decision.



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