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.
It seems pretty obvious that the plan is to deliberately destroy the US economy.
Anyone with enough money to weather the shit storm. Look at how much money the top 1% made during Covid.
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.
USA uses Tariffs.
It hurt itself in its confusion!
100% tariffs on China!
60% tarrifs on China!
…10% tarrifs on China?
Wait a minute. You mean I ran on bad policy and now I’m learning it was all bad ideas and people voted for me?
From the article
levy an additional 10% tariff on top of existing tariffs on Chinese products coming into the United States.
He’s not setting the Chinese tariffs at 10%, he’s adding an extra 10%.
Additional 10% to what though. Right now we don’t have tarrifs on all Chinese goods that I know of, so it would be 10 total unless he means an additional 10 on his last remark of 60 making it 70%? Wish the guy could actually write out a policy so companies can make plans on how best to function over the next x amount of years.
I mean he seemed shocked on election night.
https://m.youtube.com/watch?v=CrnraEVaWTM
All you have to do is watch 1:00 to 1:20. He literally says, “We overcame obstacles that nobody thought possible, and it is now clear that we’ve achieved the most incredible political thin–, Look what happened, is(n’t?) this crazy?”
I can guarantee you my paycheck won’t increase even a single percentage.
It will destabilize the western markets / economic/ financial systems.
Putin will be pleased.
No, but we’re all going to pay for this shit.
I can’t tell you how many fucking idiotic Trump supporters voted for him because they thought he’d make things cheaper and better for them…
The hard times are about to really start for Americans. Just about every single reputable economist and specialist warned about this.
Anything can happen, but the chances of anything good happening at this stage are very low. Prepare now for hard times.
This:
Has become
