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Linda Silfven's avatar

I hope PM Carney shoves the trade war down Trump’s throat.

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Gar Millar's avatar

"The American economy is weakening every day. Soon the shock wave of the supply chain collapse will be fully felt."

I enjoy a little camaraderie with the vendors I patronize at the local Sunday morning farmer's market in Dorset, Vermont. I've been buying my coffee beans from a young mom for the past several years and got a vicarious kick watching her expand the business from farmers market only to a local store presence and now online. She tells me the tariffs have put her in a serious bind though between raising prices which might scare away customers, or not, which means not having enough profit margin to keep the business afloat.

We grow very little coffee in the United States (mainly in Hawaii). It will never be a growth industry domestically, so what is the point of tariffs on countries that export coffee beans? There is no economic benefit or altruistic rationale behind extorting bribes from Juan Valdez and El Exigente. It's pointless of course, unless the point is to fleece every country in the world at the same time.

There is only so much spinning the Fox News spin doctors can do, but in time its audience will twirl itself into the brick wall of reality. Somebody will benefit from tariffs, but it won't be you, or I, or any member of the cult.

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