Summary
Trump announced that 25% tariffs on imports from Canada and Mexico will take effect on February 1, though a decision on including oil remains pending.
He justified the move by citing undocumented migration, fentanyl trafficking, and trade deficits.
Trump also hinted at new tariffs on China.
Canada and Mexico plan retaliatory measures while seeking to address U.S. concerns.
If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump’s pledge to reduce living expenses.
Removed by mod
Yes, but i don’t believe trump KNOWS that. Instead he’s been told to do this.
President Musk? Or just some randome other Oligarch?
Probably, and the people who wrote project 2025 are telling him what to do
But wages will go up because more stuff will be made in the US! /S (Basically my father’s argument)
Narrator: no they won’t
Fun fact: Under Hitler, while there was an economic boom (due to production switching to war preparation), wages fell on Great Depression levels and workers had to work a lot more hours. Germany was also deeply in debt, because most of this was financed by crazy lending from other countries, which Hitler had no intention of paying back.
Also, the ones that were profiting the most off of this were oligarchs.
The problem with these kinds of conspiracy theories is that it assumes the conspirators are hyper-competent people.
It’s far more plausible that they’re just idiots.
American ruling class, “Oh would you look at that, we just found a 24.99999% price hike that we definitely have to do because economy. Still cheaper though than the Canadian and Mexican imports.”
It’s just the rest of America that is going to get fucked.
I don’t doubt he thinks that’s possible, but what every one who repeats this idea seems to not grasp is that the US doesn’t manufacture consumer goods, and increasingly we aren’t able to farm our own food, particularly right the fuck now while we’re depopulating the country of farm labor. There’s nothing here to replace what we can’t get now. There’s no American alternative. We don’t do that, we pay other people to do it in a country with no labor protections and garbage pay and economy. No one wants to start manufacturing anything new right now in the US because it will become even less profitable the second the moron is out of office and all this stops, then there’s the fact that even if we had people who wanted to start doing all this manufacturing, it would take them often more than 5-10 years to get off the ground and that’s not even getting into finding labor in the US to do this work. While we’re being depopulated. Apparently the 1m dead from Covid simply wasn’t enough.
Exactly. No one is thinking “right this is our big chance to build a toothbrush factory”.
Setting aside the tariffs on the production line you need to buy from China…
All your precursor would need to come from China anyway.
Couple that with the cost of maintaining local safety regs and I’d be surprised if you could put a product on super market shelves thats cheaper than the tariffed one.
I was going to give up eating this year anyway. Food just takes too long to buy, cook & eat.
Part of me thinks this is so they have an easy way to drop prices after people get used to everything costing more, but I’m sure it’s mostly just trying to destroy the the US’s relationship with it’s most important allies.
It’s already destroyed.
Not by him, his threats and tariffs are old news. By the people - The People, the royal We - who actively, unironically and with great power of democracy, chose an aggressive, compromised, and stupid fascist with ample evidence that this, hate, and war were a consequence.
Because the hate and apathy was stronger I guess. For electing a woman. For people being bullied by a juvenile government wielding adult violence for who they aren’t - a cis white right male.
They went to the dark side and joined a tri-polar world of evils to bully and rape the rest of us until we all burn to death. So yeah.
Never again.
Never again.
Optimistic
Part of me thinks this is so they have an easy way to drop prices after people get used to everything costing more
This is a technique commonly employed by Sisi in Egypt so while it’d be surprising that America sunk that low that quickly I can see it happening. And by the way, yes America is now being compared to Egypt out of all countries so… Uh… Good luck.
I’ve compared to Afghanistan many times.
Part of me thinks this is so they have an easy way to drop prices after people get used to everything costing more
Trump is running the US the same way I ran my cities in SimCity2000
“Oooh it’s December, time to raise taxes to 20%. Ok January again, lowering taxes to 0%. The people love me!”
Removed by mod
Its very possible to enrich corrupt elites without taking an axe to the US’s strategic position. That would be preferable for securing the wealth of the ruling class in the future.
Of course they want to make the rich richer, but this level of systemic destruction isn’t the most efficient way to do that. The damage is clearly part of the goal.
Its very possible to enrich corrupt elites without taking an axe to the US’s strategic position.
Yes. But not for a very stupid easily manipulated “businessman”.
Even if they do, I expect that businesses won’t drop their prices much. If the consumers have gotten used to it, it’s free money for the business. Same with the supply chain issue pricing from COVID.
I love how old the orange asshole looks in the photos. Hopefully things just work out in our favor soon. It could be a permanent sleep or maybe a nice golf ball to the forehead or choked on a pretzel. I think we should probably place some …legal… Bets on how it all goes down? It shouldn’t that that long. I remember when my Grandma looked like that and we buried her a few months later.
Man have you seen him speak? I don’t know what concoction of drugs he is on or if he’s just showing his age but he’s definitely not the rager he was 5 years ago. Seems tired and much less coherant. Makes me optimistic he might be in mental decline more than I theorized previously. But if we go by the ‘asshole’ rule he’ll outlive most of the Senate just out of stubbornness and hatred. We definitely need a quick solution.
choked on a pretzel
I wonder how many people reading this remember that this actually happened to Bush the 2nd.
Those were the days. We all wished for that pretzel to have been a little bigger, a little dryer. But somehow it didn’t work out. But, it could happen again! Lightning can strike twice in the same spot. Or lightning can strike in two or more spots separately non-dependently.
Dunno, I remember those days.
I remember commenting how we were a pretzel away from President Cheney…
Then again I remember Cheney being the “He picked him as a running mate to be a body shield because I’d take a bullet for W just to stop that from happening.” Unfortunately now we’re in the era where Cheney is the sensible politician (I threw up in my mouth a little when I just typed that last bit)
And this is normal now:
The thing is, I think that might be out of the frying pan and into the fryer at this point.
Vance is cooler under pressure in interviews and generally more coherent sounding. I think he does a far better job of saying ridiculous unreasonable things with a convincing tone of voice and demeanor than does Trump.
If Trump has one too many cheeseburgers tomorrow, then we’ve got young, clean-cut, smooth talking first-term President Vance to worry about, and I bet he won’t be threatened by the attention Musk gets as long he he gets his cut. (Hell, I’m not even sure having to take over for Trump in that circumstance would count as his first term.)
You’re right. I’m just wishful thinking.
Maybe just hemorrhoids. That would be lovely! … ESPN:And the president just got up again in another awkward gesture of disrespect! He seems in pain after all the points Bernie made…Trump:oh shit! Here comes the pain again! Fine fine! I’ll sign if we can all leave quickly!
deleted by creator
Yep, Vance is in a way more dangerous than Trump. Trump might throw wrenches in the fascists’ plans by either blurting them out proudly thinking it was his idea or by being too afraid of being unpopular (which he is obviously obsessed with) and taking back some of the changes due to public pressure. Vance on the other hand will be just a hand puppet for Putin and/or Musk.
The Simpsons have not been wrong yet…
Man look at Kissinger and the Bush Family.
If you’ve got a high enough body count you just live forever.
Then you get to speedrun to a corporate theocracy with President Vance.
As an American, I’m loving this… Really. Its high time we feel the pain we’ve inflicted on other countries. Our “comeuppance” if you will.
Unfortunately, it’s just going to become another massive wealth transfer when those that have the means buy ups heaps of cheap stock after the resulting market downturn.
Maybe then, enough people will see the guillotine as a good solution.
When the people can’t even afford the lumber to make the guillotines, what do we do then?
We take the lumber…
There is strength in numbers, and in solidarity! They cannot kill us all, because they need us more than we need them!
If empty platitudes could strike down the bourgeois, you’d be the greatest hero our world has ever known.
Just like the war on drugs, you’ll be able to buy black market tacos in alleys.
You aren’t already?
I am. Black market tacos taste fantastic if you ignore the numerous issues.
This massively violates the USMCA that he signed
He doesn’t give a fuck about anything. It’s so tiring that people assume that he is rational and he cares.
deleted by creator
One trick pony
Master of negotiations!
Its Americans trying to buy food who will be hit with a 25% tarriff, not Mexico. And Mexican farmers wont see a dime of that revenue, if anything they will see a decline in revenue as people stop buying the products. It all goes to the US treasury.
I live in Texas, and it’s hard to overstate how much of our produce is imported from Mexico. This would be an almost immediate 25% price hike on food that basically can’t be grown at scale here because we don’t have Mexico’s climate. Surely he’d exempt food from whatever he’s about to do. Right…?
Don’t worry, the leopards definitely aren’t going to eat your face!
You’re not applying that saying correctly my friend
I expect food would be exempt as you don’t want an angry, hungry, volatile population. Bread and Circuses
I could see that they try to get away with just Circus, tho.
Whatever he exempts is specifically what Canada and Mexico should target for export tarriffs in retaliation.
Yeah, like oil. When gas prices go up Trump’s base gets upset.
it’s a 25% import tax paid by the importer. when their margins are added, and then the distributors’ on top of their higher costs, at each step of the distribution chain… it’ll be a fair bit more than ‘just’ +25% once product reaches the store shelves.
Will it benefit the average person? If the answer is yes, you can take it off the list.
Even if it benefits the rich, it would have to exponentially hurt the average American more for it to be considered. They’ve already turned their nose up at studies that have proven better working conditions, pay, and benefits would make them richer in the long run because it takes a little bit of control away from them. These people are sick, and the only thing that is going to correct it at this point is a violent uprising.
What does Mexico export to the US that isn’t a consumer good?
https://jwmason.org/slackwire/what-exactly-does-the-us-buy-from-mexico/
This is a good list from a quick search, other search results states a lot of vehicles (in this case we’d be talking about vehicles for industry) agricultural (I didn’t look far enough but it could be both produce which would be consumer, but it could also have some ag production products, and machinery, machinery probably being the largest non consumer good product depending on how much that agricultural divide is between consumer/industry.
Included in that list is oil, that would be non consumer, computers would be roughly the same split if not more than agricultural considering companies go through computers more than the average consumer. Computers is also a pretty broad tag so take that with a grain of salt.
Services and other seems kind of substantial, this is not my area at all, just relaying a search essentially, so that could go either way if included in the tariffs at all.
Those things will still have impact on consumer prices though. Agricultural vehicles costing more will increase domestically produced food prices (didn’t John Dear just move production there). Oil costing more increases transport costs on everything, but at least could be sourced from elsewhere.
I don’t really see how exceptions could be made to protect consumers without undercutting the whole thing. I expect to be on everything or nothing.
100% agreed.
Capitalism is designed to pass the buck to us. That’s just how it works. It might take a little longer if it is through the production pipeline like the examples above, but it’s still gonna fuck us.
“surely he’d exempt X from…”
Exact same reflection as all the people who depend on migrant workers that voted for him only for the bubble to burst in their face.
Removed by mod
Nah, EU likes them avocados and fruit too, especially in winter.
Looking forward to cheaper maple syrup!
“Fresh fruit in the wintertime, nothing is too good for my people”
Canada and Mexico are still part of that North American free trade agreement thing. We (Canada) will just get our food from Mexico and South America like we’ve always done. We’ll just skip America.
Yeah, as a Canadian I’m down with strengthening our trade with Mexico.
Problem there might be transport. You need to do it without crossing a US border.
How much shipping goes between Canada and Mexico?
Maybe the free trade would allow trains and the like to go right through the USA without selling anything?
Why would the US want to do that?
Isn’t that the whole.purpose of the free trade agreement?
You mean the free trade agreement that Trump is currently trying to tear down?
Hell, he’ll probably ask y’all to pay taxes on transport, even for things you aren’t selling here.
Right, but the tariffs will shoot that dead.
Ah. You still dont understand how the US works. Send a small bribe directly to the Trump family and you can do whatever you like. I suggest using Eric Trump. If Dems are in charge send a bribe to AIPAC and they will give the dems their allowance. Either way its probably not even expensive.
Pfft… just buy some $TRUMP crypto coin. The graft is all out in the open now.
Also the “uncommitted” got their way and got Trump into power. So now AIPAC conspiracy stuff is just straight up antisemitism now.
Pfft… just buy some $TRUMP crypto coin. The graft is all out in the open now.
I think this has passed a lot of people by. When Trump announced his crypto scheme he was saying to the world “This is how you buy the power of the president with no paper trail”. Foreign powers can funnel billions through it for favours.
It’s corruption on a unprecedented scale, even for a political system that runs on continual “fund-raising”.
Being called an antisemite doesnt have the sting it used to. Now it just means anyone the genocidal state of Israel and their supporters disagree with in any way. Seems like weaponized language quickly loses meaning.
back in the first episode, lord diaper whined, and whined and shit on nafta, forcing it to be ‘renegotiated’ by him. he just had to have his name on everything.
nafta was a long time in the making, from reagan, to bush, to clinton when it finally went into effect. it had bipartisan support in congress, a little stronger from the right.
undone by a single shart from an orange moron that leaked, and then magically ‘fixed’ by the same…
in the end, what mr. art-of-the-fucking-deal managed to ‘negotiate’ is almost entirely the same as the nafta he hated so much.
now he’s shitting on his own fucking deal. fuck’m.
i fully support your efforts to avoid our products and companies for the next few years. and if anyone up there wants to come renovate the white house again… i won’t be in your way.
and if anyone up there wants to come renovate the white house again… i won’t be in your way.
🤣🤣🤣
deleted by creator
Great so now my food will cost even more?
I can’t believe some people think that putting tariffs on a country means the country will just give the government 25% of everything and the merchants of that country are not just going to raise the prices to match the new expenses(or maybe even a little bit more since they have a good excuse to change prices).
I guess I can stand to eat a bit less, we can call it the economic collapse of the US diet! Just think of all the profits from the diet books! To bad they are going to cost 30% more now that my Mexican publisher is paying a tarrif to bring the books into the US. That’s OK, spending more money on the book just means that you won’t be able to afford as much food, making the diet work even better!
I can’t believe some people think that putting tariffs on a country means the country will just give the government 25% of everything and the merchants of that country are not just going to raise the prices to match the new expenses(or maybe even a little bit more since they have a good excuse to change prices)
I’m not sure anyone believes that. The point of tariffs is that merchants will have to increase prices to keep the same profit, causing people to purchase less of the product and look for cheaper alternatives (those without tariffs).
Unfortunately, a lot of people are saying they think the county of origin pays the tariff and not the importer.
Yeah targeted tariffs only products where there’s a domestically produced alternative might do that. Putting tariffs on everything means people will just have to pay more for some things. Canada and Mexico will do the former, while the US is doing the later (much dumber) approach.
Anyway… this Canadian has just remembered a few more US based services to cancel. Not because of any price changes have happened yet but because apparently Americans have to learn the value of trade the hard way. Trade goes both ways, and that’s not going to happen as much now.
Many Americans thought the foreign country paid the tariffs, so forgive me if I disagree that my country is capable of that level of thought.
Lots of morons believe that and argues assuming that this is right.
It will unless it can come from somewhere else.
WAY more. We import a lot of food from Mexico as is, and the immigration and ethnic clensing the Trump goverment is engaging in is already forcing farmers to watch their crops rot on the ground with no one to harvest them. So we’re following in the great tradition of Stalin and Pol Pot, we have a dumb fucking asshole with a hard on for ‘‘strong man tactics’’ demanding we change how we get food in many extreme ways immediately, you know, instead of gradual change, so we’ll all get to see what an artifical famine looks like! Do you think Trump will let other nations send us emergency rations so we won’t die? Or will he confiscate them at a dock or border and have them dumped into the ocean so he doesn’t look weak? North Korea knows.
He’ll take them for his friends and family ao they don’t have to buy food
And sell the surplus to his billionaire cabinet to be resold to the less than poor while the poors starve.
We also export a hell of a lot of soybeans, so when retaliatory tariffs kick in I guess our new ultra-masculine conservative government is going to have us all eating lots and lots of soy.
Lol, do it, bitch. Bet you’ll chicken out of this one too.
I’m morbidly fascinated to see how all of this shakes out.
Everyone on the left is saying it’s a terrible idea with very predictable and deleterious consequences.
Trump seems to think it’s as great as it sounds at face value - tax things that sound bad and get money.
Either way it will be a feature of economics text books for centuries to come.
Obviously I want to see Trump fail spectacularly, but it fucking sucks that would harm those of us who can least afford it.
If you went shopping last week and half value of your purchases originated in Canada or Mexico, then will the same purchases next week cost 12.5% more ? That’s pretty staggering inflation
Obviously I want to see Trump fail spectacularly, but it fucking sucks that would harm those of us who can least afford it.
I thought that was the plan…
i come from a tariff heavy country. you want a sneak peak? inflation. shit is gonna get more expensive. that’s it
No no no he is going to stop all taxes, pay off the national debt, bring manufacturing back to the US, and build a Nazi mars base for Elon.
pay off the national debt
As if
Seems like Trump is trying to get rid of the income tax. He can’t just do that with an EO order though, congress has to do it.
He can do all these tariffs though, which will act as a quasi sales tax. And when everything starts to become more expensive, which will be blamed on something else, he will say he’s not removing the tariffs and congress should just get rid of the income tax to help people. He will say, look we are making so much money off tariffs and we have reduced government jobs by so much, we don’t need an income tax anymore anyways!
If you are a non-Trump voter in a red state, especially if you work for the flagship company or industry in that state, I would like to apologize on behalf of all Canadians for what our government is about to do. We don’t want to do it but it is the only way to deal with a bully.
I’ll enjoy seeing the US go down.
We’re reaching the “find out” stage.
May the American people enjoy the fruits of their voting and sitting on their asses.
It wouldn’t be so bad if we didn’t get fucked by proxy of America electing an old senile fascist.
I am Canadian and I will feel Trump’s presidency for a while
