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- cross-posted to:
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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.
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This:
Has become
Adieu US economy.
The whirlpool logo looks too much like a halo to be a coincidence…surprised the pic doesn’t burst into flames
That looks like a ludicrously bad shop job. Also, Whirlpool appliance boxes are not printed in color like that.
And for anyone wondering, practically all of Whirlpool (and all the other “American” brands) refrigerators are made in Mexico. Just saying.
Looks like a don’t-buy-me sign to me.
It seems pretty obvious that the plan is to deliberately destroy the US economy.
Makes one wonder who would benefit from that…
Anyone with enough money to weather the shit storm. Look at how much money the top 1% made during Covid.
They’d just buy assets that others won’t be able to afford and hoard more
And Canada’s and Mexico’s as well.
The orange asshole just doesn’t gaf about anyone but himself.
He should be first on the BBQ menu.
I think you misspelled “create buying opportunities for the oligarchs”
/s
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.
Oh I know. I was just pointing that out considering how many of them voted for him.
(And most of the illegal immigrants are escaping USA)
This will look just spectacular on my grocery bill. Prolly like 75% of my produce comes from Mexico right now.
Not to worry. All the farms in the US will pick up the slack thanks to all that plentiful cheap migrant labor. Oh, wait…
I hope he does it. I really do. The quickest path to revolution is when people aren’t just vibe struggling, it’s when they’re literally starving because nobody can pay for enough calories to sustain themselves. The faster we get to that point, the faster we can fix all of America’s problems by deposing the oligarchs, rewriting the constitution to restore the guardrails of democracy and restructuring the government and the judiciary to serve the people and not corporations.
No balls, Trump, you fucking won’t. You’ll pussy out at the last minute or get bullied by another world leader with more gumption than you can muster.
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?
its a good thing the US isn’t dependent on Canadian electricity or gas…
Okay, but are you going to stimulate US manufacturers to fill in the vacuum you’ll create? Unless manufacturers have somewhere else to get their materials from, this will just result in shortages of everything.
We’re gonna be seeing empty shelves in stores again. But there’ll be no new virus to explain it this time.
Trump doesn’t understand this. Or if he does, he doesn’t care. He won’t starve. The poor will.
Well with RFK Jr in charge, we probably will have a new virus (or an old one coming back) on top of it all.
Not to mention US manufacturing is significantly more expensive because we mostly outlaw slave labor. Either way the poors get hurt and the trumpets get to lap up whatever runs down Dolan’s leg as a consolation.
What does the price of imports have to do with illegal immigration? Do you think he even knows?
I think his idea is that Mexico and Canada will, in response, do something about the illegal immigrants they’re sending to the US.
Yes, it’s deranged, but it’s also Trump, so what do we expect.
Yah, that’ll fix inflation, you fucking stable genius.
What a shithole country.
Fentanyl, FYI, is used in hospitals and imported legally. I don’t know what percentage of illegal supply is pilferage/theft from hospitals, but if fentanyl is bad, then forbid legal imports. There are a lot of media stories about healthcare professionals being caught stealing opioids. in 2020, DEA investigated 3600 drug theft cases at healthcare facilities.
OTOH, the typical overdose danger of fentanyl is using it accidentally, or it contaminating other opioids. Taking more of a weaker opioid provides the same high, afaik.
There are a lot of media stories about healthcare professionals being caught stealing opioids.
Like the new VP’s mom, for example.
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?
Except For on all the stupid crap I endorse from there and personally profit off of. If democracy ever resurfaces somewhere there needs to be heavy regulation on using the office of the president as at platform for personal profit.
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?”
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.
Biden placed a bunch of tariffs on Chinese products back in May.
So not a blanket tariffs on all Chinese imports then, just targeted ones. He had originally campaigned that he was going to roll back the CHIPS act, but hopefully he changed his mind.
What the Biden administration has been doing is making sure that any deals done under programs that can be shut down by executive order would take a lot of effort to unravel.
Given the makeup of the current SC®OTUS, they’ll probably rubber stamp anything T**** does but it might take years to get to them.
It was a 100% tariff on China at one point lol
There was a speech where he said 250% on Mexico at one point. He just pulls it all out his ass.
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.
Looks like Mexico and Canada will get to enjoy some free and prosperous trade between two abiding nations with a beligerant middle child crying about it.
That ended up as pretty minimal changes to NAFTA after a giant fuss.
2016 Trump: We’re gonna build the wall 10ft higher!
2024 Trump: We’re gonna make the price of everything 10% higher!?
2024 voters: InFlAtIoN tOo HiGh! TrUmP bEtTeR fOr ThE eCoNoMy!!1
10%? It’ll be a hell of a lot more than that if he does all he’s threatening to do.
Yeah. I’m just echoing the old refrain everytime a MAGA person was upset at something, the wall got 10ft higher. This time, it is every time they are triggered, prices are 10% higher.
