Summary
Donald Trump pledged to impose a 25% tariff on all products from Mexico and Canada on his first day in office, blaming them for failing to stop illegal drugs and immigration.
He also vowed to add a 10% tariff on Chinese goods until drug trafficking into the U.S. ceases.
Economists warn these tariffs could drive up consumer prices and inflation.
While violent crime has declined in recent years, Trump continues to link trade measures to border security and drug issues, echoing his first-term trade policies and immigration stance.
I’m pretty sure most of the drugs coming in from Canada are in the possession of seniors who can’t afford American medical care.
He doesn’t give a fuck. He will avoid prison and that is all that matters to him.
The tariffs won’t be effective on jan 20th. Certainly there will be specific ultimatums made to both countries, and it is irresponsible to set a tariff date, and then later “negotiate the specific threats/ultimatums” to reverse the tariffs. There are government agencies that need to prepare for policy.
Specific to Canada, there is a long history of free trade with comparable wages in auto sector, such that even some parts are shipped across the border for processing and shipped back. A conflict of interest with Musk, is that he doesn’t mind destroying North American Auto sector, or big 3 anyway.
Specific to Canada, there is a long history of free trade with comparable wages in auto sector, such that even some parts are shipped across the border for processing and shipped back.
Trump himself signed the United States-Mexico-Canada Agreement (which replaced NAFTA) in his first term ensuring tariff free trade between the 3 nations. So Canada and Mexico are about to learn the lesson that trump’s own signed legislation doesn’t hold water.
GM stocks are down 8% today.
Congratulations to all the auto workers union members who voted for Trump.
Wow. It sure is a good thing we still have domestic products that can compete with all of the imported goods from these major trade partners …right? Right?
Ah, yes. Canada, where all the people who have social services, healthcare, and general peace, without fear of daily shootings, try to escape from.
I wonder where all the drugs in Canada come from.(aside from weed. Everyone I know grows at home now)
Trump is not making America great. He’s trying to destabilize the western economic system.
Trump hates NATO, The UN, and NAFTA. They were created after his father was born, so they must be bad ideas. That’s why he loves tariffs so much, because his daddy sang their praises, because the rich tanking the economy in the 1920s and 1930s allowed Trump’s grandfather to solidify his fortune, and allowed Trump’s daddy to make his fortune, both by buying up everything they could on the cheap.
Depressions only inconvenience the rich, but allow them to get even more fabulously wealthy by buying up everything for pennies on the dollar. Depressions kill the poor, and harm what’s left of the working middle class.
As a leftist I normally wouldn’t even acknowledge that the middle class, aka, the petit bourgeois even exists as the poor and the rest of the workers are all one class, but in this one case it is useful to differentiate between the intentional harm that the ruling class is causing.
Well, it’s because we already sent you all our worst. It took a stable genius to notice we did it. Everyone else just saw us as your nice friendly neighbours to the north, but remember how we behave in the wars? Where did all those people go?
Actually, it’s become a little bit true lately as some Canadians were accidentally the recipient of whatever the hell made people into “MAGA people”, so some of them actually have gone down to be closer to the “fountain of TRUTH”… and so they would look less silly wearing MAGA hats… I mean, sure, Canada is also technically America, but… yeah, they wear those hats up here too, luckily not as many.
Hehe, well it’s hard to say “make america great again by voting for Trump” was intentionally targeted at Canadians. So while alot of the general stuff was less targeted, it’s kind of crazy that one still managed to land on some Canadians.
