Thursday, July 31, 2025

A Twofer -- Trumps Tariffs -- July 31, 2025

Locator: 48747TARIFFS.

Reimposing steep tariffs on tens of dozens of countries around the world, Trump scores a twofer:

  • offset the interest being paid on the US debt, unnecessarily high due to a stubborn JPow; and,
  • he gets a huge slice of Apple's profits coming out of China, India.

And, oh, by the way, he gets to remind Canadians they voted for the wrong guy.