Tariff 2.1 ... in 2026 ...

5fish

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Trump is moving items from one tariff list to another. He is doing this with steel, but even if the SOCTUS rules against him, he will declare and move items to a new list...

Steel derivatives are products manufactured from steel, and they include a wide range of finished goods like cookware, fasteners, and furniture, as well as more complex items like bridges and wind turbines. These products are often subject to import tariffs, such as the U.S. Section 232 tariffs, which can be applied to the steel and aluminum content of the derivative product. In addition to finished goods, the steelmaking process also creates by-products, or derivatives, like slag and crude benzene, that are used in industries such as cement, chemical, and agriculture.

Yes, President Trump has been modifying the scope of his tariffs by moving some goods off one tariff list and adding others to another, often in the context of trade negotiations or other policy goals.

  • Modifying "reciprocal tariffs": In September 2025, an Executive Order was signed that modified the scope of reciprocal tariffs. This involved adding some goods to an annex (making them no longer subject to certain reciprocal tariffs) and removing others (making them subject to those tariffs).
  • Fentanyl-linked tariffs on China: In October 2025, the administration announced a reduction in fentanyl-linked tariffs on Chinese goods from 20 percent to 10 percent as part of a trade truce and a deal on rare earths supplies.
  • New tariffs on specific products: The administration has also imposed entirely new tariffs on specific product categories, such as a 10% tariff on imported softwood timber/lumber and a 25% tariff on upholstered wood products, which took effect in October 2025.
  • Trade deals: The frequent imposition and suspension of tariffs are often used as leverage in trade negotiations, leading to various agreements where certain countries or products receive exemptions or new rates based on the outcome of talks.
 

5fish

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Is the steel and aluminum industry doing its best to ride the tariff wave....


Small, medium and large American companies have asked the US Department of Commerce to add about 700 more items to an August list of 407 products already facing extra tariffs because of their steel content, which hit items such as Ikea tables with metal nuts and bolts and German combine harvesters.
 

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Tariff did not do... but changed patterns...

 

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Everyone is lining up with hat in hand to socialize the losses...

 

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Can't talk about Trump without talking about the Butler Fair Grounds. CNN like me is at it again. From the records of the Vanderbilt family of Anderson Cooper.
 

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LJMYERS

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It's not unconstitutional until Trump says it's unconstitutional. It's an interesting point of view. There seems to be a 3 year lag between the act and if the court says that act it's unconstitutional.
 

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Future for Latin America under Trump...

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pay to play...

 

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Canada freeing ...

 

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Union contracts with the Federal government are not worth the paper they are written on...

 

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@Tom

 

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Holiday cost...

 

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If we cannot trust the government's numbers, you cannot run an economy...



Economist David Rosenberg dismissed the official 4.3% U.S. GDP growth rate for the third quarter of 2025, calling it a "fugazi" (fake) and calculating the "true" underlying growth at a much lower 0.8%.
Rosenberg, president of Rosenberg Research, argues that the headline figure is misleading and masks underlying economic weakness.
Key Points of his Argument:

  • Skewed Data: He contends that once temporary factors such as government spending, a sharp drawdown in the personal savings rate to fund consumer spending, and a decrease in imports (which artificially boost GDP calculations) are removed, the actual economic expansion is much more stagnant.
  • Lack of Organic Growth: Rosenberg points to "flat personal disposable income growth" as a critical indicator that contradicts the apparent consumption boom suggested by the official numbers.
  • Productivity Concerns: He questions the exceptionally high productivity growth implied by the official GDP numbers relative to the minimal increase in aggregate hours worked, suggesting it is highly unlikely that AI has had such a massive impact so early.
The official data from the U.S. Bureau of Economic Analysis (BEA) reported that real GDP increased at a strong annual rate of 4.3% in Q3 2025, an acceleration from the 3.8% growth in Q2. However, Rosenberg maintains that the actual economic picture is far less robust.
 

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2026 end of rights continue...

Here are five prominent cases before the Supreme Court in the 2025-2026 term, with rulings anticipated in 2026:
  • Louisiana v. Callais: This case examines if creating a second majority-Black congressional district in Louisiana constitutes unconstitutional racial gerrymandering, even if done in response to a potential Voting Rights Act violation. The ruling could impact Section 2 of the VRA and minority representation.
  • Trump v. Slaughter: The Court is considering the extent of the President's power to remove leaders of independent federal agencies, potentially affecting a 90-year-old precedent and presidential control over various bodies.
  • Learning Resources, Inc. v. Trump: This case concerns the President's authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA), which could ratify a significant expansion of presidential power over the economy.
  • Chiles v. Salazar: The justices will review a Colorado law banning "conversion therapy" for minors, focusing on whether it violates the First Amendment's Free Speech Clause. The outcome could affect similar laws in numerous states.
  • West Virginia v. B.P.J. and Little v. Hecox: These consolidated cases address transgender athletes' rights and whether state laws requiring sports participation based on biological sex violate the Equal Protection Clause or Title IX.
 

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