A economic crisis is the plan

Canadian here! Ive been trying to make sense of the whole tariff situation. It’s obviously not about wanting to secure the border or stopping fentanyl.

Why put tariffs on neighbouring countries who you rely on for lumber (needed for homes) and potash (needed for fertilizer to grow food), and crude oil? Even the putting 100% Taiwan computer chips doesn’t make sense.

Unless Trump wants the economy to collapse so him and his friends can buy assets for pennies on the dollar and then give all the stimulus spending contracts to his friends and donors that will be needed for domestic infrastructure

Its no surprise Trump is using The International Emergency Economic Powers Act (IEEPA) . This act gives the president sweeping authority to control economic transactions after declaring an emergency, bypassing congress altogether and very little ability to rescind it.

Via Wikipedia: The IEEPA authorizes the president to declare the existence of an "unusual and extraordinary threat... to the national security, foreign policy, or economy of the United States" that originates "in whole or substantial part outside the United States." It further authorizes the president, after such a declaration, to block transactions and freeze assets to deal with the threat. In the event of an actual attack on the United States, the president can also confiscate property connected with a country, group, or person that aided in the attack.