Aluminum-made Russian billionaire Oleg Daripaska worked with Paul Manafort to create a Russia-funded campaign to elect Trump in 2016.
Trump slapped specific tariffs on the importation of aluminum cans make us reliant on Russian aluminum. His tariff on Russian aluminum? You know it! 0.0%
Yep. The piece shows how only 8000 potential workers would benefit in the US, while tens of thousands of other jobs would be negatively impacted... there must be some other reason to do this, than helping workers. Daripaska might be that reason.
and what happens for US americans when the US economy tanks? how are those wages looking when the cost of consumer goods has increased by 200% which is the impact of some of the a”liberation day” tariffs. the bozos are in charge and you don’t seem to even recognise that fact.
Rare earths are called "rare" because they were hard to find in the early 1800s. Geologically, they are found in many countries around the world.
China is the dominant producer of rare earths because it has the two main resources needed to process the raw minerals: weak environmental laws and easily bribed officials.
100% correct. the distribution of rare earth minerals is not rare at all. every continent has a lot of them. the rareness of them is in the concentration of these elements within any given ore body. typically several rare earth elements will be combined in an ore body with a lot of clay, sands/silicas etc meaning it’s extremely energy intensive to seperate each rare earth element from the ore into a pure enough state to be useful for industry. and in addition to weak environmental laws (practically nonexistent in many places given the corruption of state officials) in China they have copious amounts of cheap energy, increasingly cheap renewable energy but also a lot of legacy coal coal power using domestic and imported coal. so yes, weak environmental laws, cheap energy and cheaper labour force in mining industries is why China dominates the rare earths processing industry today. they import a lot of the lithium from better deposits in Australia and South America.
you don’t understand that massively jacking up tariffs increases the price Americans (US citizens) will pay for most of their consumption. given declining wages in real terms in USA for the last 30 years, that means consumption will fall. that won’t mean more things produced in the USA because the USA is uncompetitive in many of the kinds of goods produced in China and some of the countries where a lack of labor and environmental law is exploited to produce cheap food resources for USA. the real game of these tariffs is to cause international economic chaos. trump loves chaos because it makes him more important as President, countries and industrial lobbyists will come and beg him for a deal. but the net impact of the chaos is far worse than any gains for US workers.
“pimped by China” what on Earth are you talking about? you throw words like elitist around then use such inappropriate and disparaging language.
US living standards would be a fraction of what they are today without the imported consumer goods made by hard working, low paid but industrious Chinese workers. ditto food imported from south american nations that the USA has systematically interfered with (see confessions of an economic hitman, former CIA agent, John Perkins, https://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man) to destroy the economies of so they can run neocolonialist resource extraction for cheap bananas etc etc
listen to Fadhel Kaboub discuss the injustice in the global economic system and how MAGA are turning up injustice on steroids for the direct benefit of a oligarchic elite.
We can keep going., but the fact is tariffs may be bring more manufacturing back to the United States, but it won't be cheaper, and it won't provide any significant amount of high paying factory jobs, due to automation, deregulation, and union-busting.
The new tariff war is huge a wakeup call — evincing just how unprepared millions of Americans are going to be as the AI revolution is restructuring our product and service sectors in real-time. We need ACTION! More at TGM: https://tinyurl.com/yf4vmnfj
I appreciate you posting the tariff graph, but it's missing the huge leap in the level of tariffs that the Administration just implemented. You say that the levels are returning to what worked in the past, but graphing the jump is eye-brow raising because its sudden.
Also, going back to the past is rarely a good goal. It's one thing to build the Capitol and its dome in the Grecco-Roman style as homage to past architecture. It is quite another to bring forward a past economic system into the present because some folks idealize the "Good Times".
The US economy is in a totally different situation than it was in 1950 when my father started his first job. These tarriffs attempt to suddenly and immediatedly recreate that past economic system of previous generations. What else do we want to bring forward from past economies?
Anti-globalists have wanted to dismantle the WTO ever since the Bretton Woods conference was held at the end of WW2. They now have their chance with Trump's Administration. Fine. The problem, however, is with the timespan shown in your graph. My father's generation did not live through a sudden globalization policy shift. Globalization spanned several decades. It started during the previous generation in the early 1900s and continued to mid-20th century. That long timespan gave US businesses plenty of time to adjust to globalization. The anti-globalists could steer the US back towards a protectionist economy, but the Trump Administration is not giving US businesses time to adjust.
This change is immediate, sudden, and will have a shock effect on the US economy if the tariffs remain at these levels for years.
Ignoramus muted.
Tariffs can benefit some American workers... If you have doubts, check out this detailed piece on aluminum https://open.substack.com/pub/srikaza/p/aluminum-tariffs?r=1w9b37&utm_campaign=post&utm_medium=web
Aluminum-made Russian billionaire Oleg Daripaska worked with Paul Manafort to create a Russia-funded campaign to elect Trump in 2016.
Trump slapped specific tariffs on the importation of aluminum cans make us reliant on Russian aluminum. His tariff on Russian aluminum? You know it! 0.0%
Krasnov is all about MRGA.
Yep. The piece shows how only 8000 potential workers would benefit in the US, while tens of thousands of other jobs would be negatively impacted... there must be some other reason to do this, than helping workers. Daripaska might be that reason.
and what happens for US americans when the US economy tanks? how are those wages looking when the cost of consumer goods has increased by 200% which is the impact of some of the a”liberation day” tariffs. the bozos are in charge and you don’t seem to even recognise that fact.
Rare earths are called "rare" because they were hard to find in the early 1800s. Geologically, they are found in many countries around the world.
China is the dominant producer of rare earths because it has the two main resources needed to process the raw minerals: weak environmental laws and easily bribed officials.
https://en.wikipedia.org/wiki/Rare-earth_element#Geological_distribution
100% correct. the distribution of rare earth minerals is not rare at all. every continent has a lot of them. the rareness of them is in the concentration of these elements within any given ore body. typically several rare earth elements will be combined in an ore body with a lot of clay, sands/silicas etc meaning it’s extremely energy intensive to seperate each rare earth element from the ore into a pure enough state to be useful for industry. and in addition to weak environmental laws (practically nonexistent in many places given the corruption of state officials) in China they have copious amounts of cheap energy, increasingly cheap renewable energy but also a lot of legacy coal coal power using domestic and imported coal. so yes, weak environmental laws, cheap energy and cheaper labour force in mining industries is why China dominates the rare earths processing industry today. they import a lot of the lithium from better deposits in Australia and South America.
If I am right, tariffs mean more things made in America and lower taxes. If I am correct, then I am going all in. https://tinyurl.com/yeyp6evt
but you are uneducated and wrong, so don’t go all in with the big Chesso.
Uneducated? Interesting.
What does opinion has to do with education sire?
you don’t understand that massively jacking up tariffs increases the price Americans (US citizens) will pay for most of their consumption. given declining wages in real terms in USA for the last 30 years, that means consumption will fall. that won’t mean more things produced in the USA because the USA is uncompetitive in many of the kinds of goods produced in China and some of the countries where a lack of labor and environmental law is exploited to produce cheap food resources for USA. the real game of these tariffs is to cause international economic chaos. trump loves chaos because it makes him more important as President, countries and industrial lobbyists will come and beg him for a deal. but the net impact of the chaos is far worse than any gains for US workers.
I understand. To end being pimped by China, eventually you confront the pimp, deciding to live free or die.
“pimped by China” what on Earth are you talking about? you throw words like elitist around then use such inappropriate and disparaging language.
US living standards would be a fraction of what they are today without the imported consumer goods made by hard working, low paid but industrious Chinese workers. ditto food imported from south american nations that the USA has systematically interfered with (see confessions of an economic hitman, former CIA agent, John Perkins, https://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man) to destroy the economies of so they can run neocolonialist resource extraction for cheap bananas etc etc
Trade wars disproportionately impact the world's poorest populations, exacerbating global inequality. whoa the elitist around here again?
. #TradeWars #GlobalInequality #EconomicJustice
https://substack.com/@visualisingeconomics/note/c-106500123?r=79ygm&utm_medium=ios&utm_source=notes-share-action
listen to Fadhel Kaboub discuss the injustice in the global economic system and how MAGA are turning up injustice on steroids for the direct benefit of a oligarchic elite.
https://youtu.be/2fvYYo8eBBY?si=Nnik8cBr728j0YvO
https://substack.com/@globalsouthperspectives/note/c-107798811?r=79ygm&utm_medium=ios&utm_source=notes-share-action
While we can't trust ChatGPT, it can certainly present us with information from which we can pick apart and independently verify:
https://chatgpt.com/share/67f00822-92f4-8007-8709-e52990abae4a
Here is the Wall Street Journal's assessment of Trump's tariffs in his first term:
https://www.wsj.com/livecoverage/trump-tariffs-trade-war-stock-market-04-02-2025/card/what-was-the-impact-of-trump-s-first-term-tariffs--IPtWCC0hVHkdJvBti7q7
We can keep going., but the fact is tariffs may be bring more manufacturing back to the United States, but it won't be cheaper, and it won't provide any significant amount of high paying factory jobs, due to automation, deregulation, and union-busting.
The new tariff war is huge a wakeup call — evincing just how unprepared millions of Americans are going to be as the AI revolution is restructuring our product and service sectors in real-time. We need ACTION! More at TGM: https://tinyurl.com/yf4vmnfj
Trump's tariffs are a disaster for most Americans and most other people too.
They're great for neo-reactionary tech billionaires and authoritarian rulers.
https://deanblundell.substack.com/p/is-trump-deliberately-tanking-the
https://www.narativ.org/p/trump-tariffs-are-full-of-fake-facts
https://phillipspobrien.substack.com/p/how-to-make-us-rivals-stronger-101
https://www.mind-war.com/p/we-are-flight-93
I appreciate you posting the tariff graph, but it's missing the huge leap in the level of tariffs that the Administration just implemented. You say that the levels are returning to what worked in the past, but graphing the jump is eye-brow raising because its sudden.
Also, going back to the past is rarely a good goal. It's one thing to build the Capitol and its dome in the Grecco-Roman style as homage to past architecture. It is quite another to bring forward a past economic system into the present because some folks idealize the "Good Times".
The US economy is in a totally different situation than it was in 1950 when my father started his first job. These tarriffs attempt to suddenly and immediatedly recreate that past economic system of previous generations. What else do we want to bring forward from past economies?
Anti-globalists have wanted to dismantle the WTO ever since the Bretton Woods conference was held at the end of WW2. They now have their chance with Trump's Administration. Fine. The problem, however, is with the timespan shown in your graph. My father's generation did not live through a sudden globalization policy shift. Globalization spanned several decades. It started during the previous generation in the early 1900s and continued to mid-20th century. That long timespan gave US businesses plenty of time to adjust to globalization. The anti-globalists could steer the US back towards a protectionist economy, but the Trump Administration is not giving US businesses time to adjust.
This change is immediate, sudden, and will have a shock effect on the US economy if the tariffs remain at these levels for years.
https://open.substack.com/pub/culturetraitors/p/the-tariff-that-shook-the-world-trumps?r=4dzt4&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
I hope you agree that this would be a welcome place to share an op-ed I’ve released a touch early:
https://thequillandmusket.substack.com/p/trumps-tariffs-part-two?r=4xypjp
https://bullsharkreport.substack.com/p/boy-that-escalated-quickly