He says the 25% levies on Mexico and Canada will begin Tuesday. Stocks fall.
President Trump likes to cite the stock market when it’s rising as a sign of his policy success, so what does he think about Monday’s plunge? The Dow Jones Industrial Average took a 650-point header after he announced that he’ll hit Mexico and Canada on Tuesday with 25% tariffs.
Mr. Trump said at the White House there was “no room left” to negotiate with the two American trade treaty partners. Some of his smarter advisers have been hoping he’d start renegotiating the USMCA and delay the tariffs. But Mr. Trump wants tariffs for their own sake, which he says will usher in a new golden age.
We’ve courted Mr. Trump’s ire by calling the Mexico and Canada levies the “dumbest” in history, and we may have understated the point. Mr. Trump is whacking friends, not adversaries. His taxes will hit every cross-border transaction, and the North American vehicle market is so interconnected that some cars cross a border as many as eight times as they’re assembled.
Uff people downvoting an obvious ironic remark. I'm worried about the lack of ability to detect irony and sarcasm in comments. To be fair, some people drop this type of comment as a statement, but still...
The "/s" mark is a problem. As a sarcastic, marking your sarcasms doesn't feel right. I think it is another consequence of the karma system, i.e. people put the mark so people don't downvote them for not understanding that we think alike about something. I tell you guys, all of you, just ditch the voting system, don't be a captive of judgment of your ideas!
Well, it may be like this too, now that you mention it. But the voting system remains a factor in the sense it steers subsequent opinions on the desired sarcastic effect. Imagine a comment one first reader reads as stupid and can't figure out the sarcasm, then downvotes; after that, a second reader comes and the previous downvote reassures the "just stupid" comment interpretation. It's probably easy to have a cascading effect from the first votes.
The /s is like a laughing track: It tells the dumb people where to laugh. But I have to admit that it has become hard to differentiate between satire and sarkasm on one side and real news on the other side, especially with anything around Trump.