Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
President-elect Donald Trump threatened to impose new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
As if things weren't already expensive enough...
70Oh inflation is gonna get bad, real bad.
44
Sellers in the US need to do a truth in Taxation so Americans will know they are paying a tariff and how much, regardless of which party implemented it.
53I’m going to make a prediction.
An elected representative will blame post-tariff avocado prices on Mexico and advocate violence.
Edit: I forgot the important part. People will believe it en masse. To your excellent point.
30Here me out, increase the prices by 30% so tariffs are covered and 5% for the shareholders.
6
Does this actually help anyone anywhere? For Americans it will cause price increases and hardship. For Canadians and Mexicans it will cause unemployment and hardship, and there will probably be retaliations that will cause price increases and further hardship. It seems China's in the best position to come out of this OK, since they already sell stuff all around the world. They'll take a hit but not as big a hit as the countries in North America.
I guess maybe it helps Russia with the ongoing project of undermining the USA and its allies from within.
50It probably helps people associated with Trump.
19It will help pay for the tax cuts for the rich
13We learned our lesson last time with Trump and Canada and did the pacific trade agreement. It’s going to suck but not as much as it could have.
11It helps feed Trump's ego.
8
Bring it Trump! Go for maximum. When the trade war hits and nothing is affordable blame it all on Biden. We live in a fools paradise.
27I do find it disingenuous that people shit all over Trump about the tariffs but don’t point out that Biden placed billions of them on China this year
Both men and their stated reasons are stupid
-13
He didn't threaten to do it. He said he was going to. Threaten has the implication he might choose not too but he directly said he'd be doing it on his first day in office. That is not a threat. It's a plan.
25"thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before."
Ah yes. Those Canadians are known for high crime and lots of drug use.
23I think he's referring to international citizens using the Canadian-US border to illegally enter, rather than Canadians themselves.
I've heard (through the news mind you) that there is some number of Indian nationals flying to Canada ostensibly for tourism because it's easier for them to get a visa for that in Canada and then walking across the border.
As for the drug use, there is definitely a massive problem going on here, the drug overdose mortality rate in British Columbia was 45.7 per 100k, which is about 50% higher than California (but still lower than a dozen "bad" states)
We just don't have quite as much violence associated with the drug trade, but there's plenty of addicts and overdoses.
7Article from yesterday
https://www.bbc.com/news/articles/cx2ld7r4432o
You are correct
Second, Canada on the northern border has become a more accessible entry point for Indians, with a visitor visa processing time of 76 days (compared to up to a year for a US visa in India).
5
And I vow to pull any chump change in my pension from US funds. And buy a foreign EV. And treat Made in the USA as the badge of a shameful trade
partnerparty.Just my little start, I hope I’m not alone. Even if our government sucks Trump off to try and play Robin to Blyatman.
20And all that 3 countries should do the same to America as well. 🤣
15They may do, and everyone will have a worse time as a result.
15
And... this curbs immigration? By making the country less desirable to live in or something?
12Canada and Mexico?? What the hell is he thinking
12GOP almost certainly is already planning their super rich tax cut (again) and Trump wants to do the scam he did last time he was in office having the Secret Service stay in his hotels anytime he visits a place and charge the US govt out the nose. Gotta have money in there somewhere to cover that.
9What the hell is he thinking
That wasn't a requirement for the job.
9“Until illegal immigration stops”
Cause we have so many canuks ruining shit around here /s
3
china i expected.. and then also expect him to give-in on..
but canada and mexico? what about the nafta v2 that he just had to redo (it's basically the same as the original from the first bush years) just to put his shitstained signature on it.
8Okay I understand his problem with China and kinda Mexico but why Canada?
7Trudeau didn't suck up to him.
10I still laugh and think about when he tried his handshake bullshit with Trudeau. Gotta give J.T that one, he stood his ground lol
4
Because those 2 countries have the biggest trade surplus with the US. In his head he sees someone he's paying a lot of money to as losing. Here in Australia we're hoping that our huge trade deficit with the USA will shield us from his penny pinching competition
7Canadians are just the pale version of Mexicans. What is poutine if not a carb covered in sauce and what is a wet burrito if not a carb covered in sauce. Coincidence? No.
5
What does the price of imports have to do with illegal immigration? Do you think he even knows?
4The GOP platform is all about making people miserable.
13
He will fuck the economy and his base will blame Obama and Biden.
3