Sunday Painting: “Hold the Line”
Day 62: The Trump Tariffs
Day 62—Feb 1, 2025
Trump unilaterally imposed 25% tariffs on products from Mexico and Canada and 10% on products from China. Leaders of Mexico and Canada immediately announced that they would retaliate with tariffs on American-made goods, with Canada targeting red states in particular.
I asked Grok (Elon Musk’s favorite AI bot) what history tells us will come from Trump’s tariff chaos.
The answer:
1) increased prices
2) reduction in GDP
3) job displacement
4) trade wars
5) supply chain displacement
6) political favoritism
Thank you for reminding us that Trump will receive millions in payoffs for tariff exemptions. It is a riff on the old ‘nice store you have here, be a shame if something happened to it’ shakedown.
Thank you!! What important and useful info which I am passing on to my elected Reps and Senators as well as the Finance Committee.! Good for AI telling us exactly what we thought will happen! Now, where is the outrage?
Nina T McKee