Trump says Canada and Mexico to be hit with 25% tariffs on Saturday

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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.

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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!

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pay off the national debt

As if

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Here you go

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May the American people enjoy the fruits of their voting and sitting on their asses.

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lol thank you so much

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i gotta be honest, i'm not entirely sure what is intended. this decision doesn't make sense to me!

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And even if there were American made alternatives, they'd still be more expensive than importing.

Enjoy your higher prices, suckers.

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Probably not, but it could open up a whole new set of business possibilities for creative Canadians. As the article points out, building repair kits for cars & tractors to sell world wide or selling printer ink bypass kits or mandating in country app stores.

I'm no economist, but I don't think this will offset the cost of the US tariffs to everyday Canadians, but it will steal profits from US companies who will cry to uncle trump that Canada's stealing their lunch money. He may reconsider the tariffs.

If I had my way, Canada would also make a statement that US copyright works are not copywritable in Canada, so copy & distribute to the world. Worst case, Canadians get free US music, movies & software. Best case, concerned US companies establish a presence in Canada and pay taxes, bring jobs, etc.

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I do ultimately think tariffs will be good for the US. I feel bad for other countries but I guess, but I think the US needs to be more productive.

California, seen as a relatively "progressive" state, has a sales tax on everything, and pretty extreme sin taxes. A tariff is like a sales tax, and a sin tax on specific imports.

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I am. Black market tacos taste fantastic if you ignore the numerous issues.

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I'm sad seeing all these "Enjoy the collapse, losers!" comments.

Most people on most Lemmy instances, especially here, probably made it VERY clear we didn't want this pathetic handbag-hobgoblin in charge. Yes, a lot of our countrymen voluntarily gave up their brains for his bullshit, but not all of us, by a long shot.

Policy stopped being directed by the will of the people a long time ago. We aren't levying tariffs. He is. We , human beings just like you, are trying to keep it together as a grotesque parody of the fall of the Roman Empire plays out around us.

Stop falling for that tribalist nonsense. Love has no borders, and hate is too busy drawing them. Support your brothers and sisters on this Earth, because when the evil wealthy masters of this world set their sights on your democracy, it could happen to your home just as easily, don't be fooled.

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I think the problem is that these tariffs are, for the most part, untargeted. They aren't a "tax" on "specific imports". They're a blanket tax on all imports from many countries.

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We're reaching the "find out" stage.

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Then you get to speedrun to a corporate theocracy with President Vance.

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The way you increase productivity is via exports, not artificially increasing the cost of goods. A sin tax is when you want to stop people from doing things so you make it more expensive. If you want to increase American cement production, you subsidize production.
Adding a tarrif to Canadian cement imports increases cost for imported cement, and encourages domestic producers to increase costs to match. If the competition just got 15% more expensive, there's no reason for me to not raise my prices 14%.
If the government comes in and says they'll pay me $15/ton of cement I produce, that encourages me to produce more cement and lower the price to sell it. Now I'm producing more, and I need to hire another machine operator and the economy grows because the lowered cost of cement makes people more willing to do things that need cement.

Tariffs are really only good for counteracting other countries subsidies. If Canada were paying manufacturers $20 a ton to produce cement, then applying a $20/ton tarrif makes the prices unbiased.

It's why our agricultural subsidies are viewed poorly by food scarce nations: we lower the overall market cost for food, and they can't afford to subsidize their own production, and returning equilibrium on imports would starve people, so they're trapped in a cycle of being dependent on imported subsidized food while living next to fallow farms.

Canada and Mexico aren't subsidizing their export industries, and a lot of what we're trading is in things we can't or don't want to handle. You can't increase American uranium production, off the top of my head.

We had a position of trade strength, which meant that we could afford to import more than we produced because our intangibles were worth more, and what we exported was worth more. Import steel and export tractors. Now we're saying we want to stop importing steel, making it harder to export tractors, so that we can bring back low paying dangerous jobs.

If you want to see productivity grow trumps way, go get a job as a farmhand picking spinach. Because his policy is basically that we need less engineers and more farm hands.

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You should have voted then lmao

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The Simpsons have not been wrong yet....

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I'm glad you started your dissertation with "the way you x is via y" because it immediately informed me that I was reading the work of a ln expert genius and as a smooth brain, when a genius writes, I read.

One question, wouldn't higher prices on imported cements sort of make local cements automatically cheaper, giving them an advantage without asking them to cut corners? In a free market you will often see a "race to the bottom" on goods, whereby manufactures and producers will cut costs so low that they lose money, so long as there is some other incentives that would lead to profit. Video game consoles are a common example. The console is sold at a loss with the expectation that they will make up the difference on the consumables, games and related services.

If local competitors can produce for lower cost than competitors it may drive more people, who generally just want to save money, to local businesses, creating demand, driving growth.

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I thought it was targetted but again in California its all items sold ate taxed and some at a higher rate.

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Trump says Canada and Mexico to be hit with 25% tariffs on Saturday