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.
He’s gonna get rid of the income tax too right? Right?
No? So everything costs more and farmers go out of business. Got it. But hey, you maga aholes got to own us libs. That sure was awesome! /s. Have fun being homeless you tools.
Liberal tears are already known to be the most expensive commodity in the known universe, cf. Brexit.
This is late stage capitalism. The oligarchs are now in charge and they are going to loot every last penny that they can then run away laughing.
Musk announced that he was going to gut NASA which directly benefits SpaceX.
As soon as things go south, they’ll become the Biden tariffs that the damn, dirty liberals inflicted on America.
We’ve always been at war with Eurasia, Eastasia is our ally.
GM stacks are down 8% today.
Congratulations to all the auto workers union members who voted for Trump.
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.
Well with RFK Jr in charge, we probably will have a new virus (or an old one coming back) on top of it all.
Trump doesn’t understand this. Or if he does, he doesn’t care. He won’t starve. The poor will.
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.
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.
Fair, though I would say the rhetoric was such that politicians more in line with Trump ideals got a boost from the more targeted messaging to Americans. Don’t think it was the primary target, obvs, but I don’t think it’s purely incidental.
I may be wrong, but in a different social climate I feel we could’ve had Erin O’Toole instead of Lil’ PP as the leader of the CPC into the upcoming election, which (strong fuck the CPC in general feelings aside) I’d be less unimpressed with. A lot of energy has been devoted to catering to far-right voters, and that is in no small part to sentiments which crossed the border (though to be realistic, definitely not the only factor at play here).
yeah, they wear those hats up here too, l
That is hilarious.
No. It’s not, really.
It’s sad and terrifying how stupid and eager to harm others are.
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 fortunes, 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.
This:
Has become
It seems pretty obvious that the plan is to deliberately destroy the US economy.
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
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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
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.
Who do you think he’s going to pick to succeed to him when he will be tired, Don jr or Ivanka?
Don Jr is a coked up veteran. Daddy doesn’t respect that. Ivanka is has features Daddy does “respect” though, so she inherits the throne.
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.
What are the benefits for him? All that he do is for his own good. At first I thought he was saying lies so that he can get elected. But now that he is elected, what will he gain from doing that? Won’t American suffer so does his assets?
My betting is he’ll relax tariffs on companies if they pay him.
Recessions allow the wealthy to consolidate and expand their wealth.
He’s going to force a huge recession so he, and all of his billionaire friends, can buy up failing companies, consolidate them, and make even more money when the economy gets recovered by someone who actually knows what they’re doing.
Enjoy the last few months of being able to afford anything.
If all assets are lower, the billionaires can buy everything cheap then get crazy wealthy whenever (if) things are ever fixed.
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…
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.
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.
Adieu US economy.
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)
