It’s not a tax, it’s a schmax. Totally different.
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Assumes facts not in evidence. Don't think we'd have to pay anything back. It may even be ambiguous whether the current tariffs would have to be repealed.
@Horace said in It’s not a tax, it’s a schmax. Totally different.:
Assumes facts not in evidence.
I believe those are now called 'alternative facts'. When Donald Trump says something, it becomes true simply because he said it.
It's a bit like the anthropic principle, except applied to bullshit. If we hear it, it becomes true.
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Assumes facts not in evidence. Don't think we'd have to pay anything back. It may even be ambiguous whether the current tariffs would have to be repealed.
@Horace said in It’s not a tax, it’s a schmax. Totally different.:
Assumes facts not in evidence. Don't think we'd have to pay anything back. It may even be ambiguous whether the current tariffs would have to be repealed.
I read somewhere that we would have to pay them back, even if some of them could be reissued using a different (but also fragile) legal justification. We’ve only taken in about 200B in tariffs as of 9/30. I think when he talks trillions he’s thinking of the phantom non existent trillions that these countries have ‘promised’ to invest. Any tiny subset of that investment that actually materialized would not have to be paid back.
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Assumes facts not in evidence. Don't think we'd have to pay anything back. It may even be ambiguous whether the current tariffs would have to be repealed.
@Horace said in It’s not a tax, it’s a schmax. Totally different.:
Assumes facts not in evidence. Don't think we'd have to pay anything back.
In past when the US has lost arbitration suits over countervailing tariffs on Canadian softwood lumber imports, the US government had to issue refunds to the affected importers. I believe, although not certain, the same occurred in 2019/20 over national security tariffs on Canadian steel and aluminium into the US.