Trump says Canada and Mexico to be hit with 25% tariffs on Saturday
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Yes, he meant several things while campaigning. Like destroying trans peoples lives, freeing nazis, and punishing those who deigned to attempt to hold him accountable for his many crimes. Oh also for destroying climate protections, deporting brown people, shall I go on? All the things like lowering prices? No absolutely not. That would benefit regular Americans and not hurt minorities, so it doesn’t make the list
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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...?
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Pitchforks at city hall? mean letters to white house interns? Protests that the news wont cover?
I don't promote violence though, and I understand what do you mean. I just said it as a fact that he acts like a typical narcissist will do.
Unfortunately, one of the problems that authoritarian regimes still exist is that people are atomized. I watch what's happening in the US and it was the same in my country.
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I can't wait for mainstream business media to attempt to explain this rationally while keeping a straight face AND still bootlicking at the same time.
I don't envy that job.
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It might not matter weather or not he targets oil. We Canadians understand how important our energy supply is to the US and we're willing to cut that supply of as a bargaining tool. This is where the find out happens following the fucking around.
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But he's not, because tariffs are going to come out of the consumers pocket, not the country they're imposed on. They can start to introduce incentives to produce those same things here, but a lot of them are imported for a reason like availability or established industries within those countries or processing capabilities. This will fuck Americans up exponentially worse and create yet another thing for corporations to hide behind when gouging prices long before those countries see any real difference in their own revenue streams.
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I hope so too, but it looks like he's starting to gut everything and break the nepotism world record. I think he's trying to force a depression to give the rich yet another opportunity to scrape up that last .05% of ownership they missed when they did this shit last time.
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I really hope you do. I hope everyone does, when Trump starts flexing at them. We (Americans) deserve every bit of hardship we get from this situation.
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Exactly, clearly they'll still pay for it if it's important enough to exempt. In Canada's case we could give Alberta the extra revenue just so they won't get too cranky.
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It's not just the media that loves tariffs.
Plenty of regular, stupid people have been convinced that a worse deal is better if they're making someone domestic richer instead of someone foreign.
The domestic aristocracy doesn't care about America, or else they would take a hit to their profits to provide Americans a better deal.
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but I’m sure it’s mostly just trying to destroy the the US’s relationship with it’s most important allies.
Close, but no cigar.
As usual, it's to make the American ruling class richer. That's all. Full-stop.
Let's stop distracting ourselves from it
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Thank you.
Finally someone rational who understands that tariffs are horrible for the working class.
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flimsy concept of an excuse to have the tariffs in the first place.
Gotta distract people while the ruling class robs them blind.
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Yes and then it can be funneled into the pockets of the person who is calling for the tariffs.
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Plenty of regular, stupid people have been convinced that a worse deal is better if they’re making someone domestic richer instead of someone foreign.
No, regular people don't understand how tariffs work at all. They literally think that Canada, Mexico, and China are the ones that pay the tariffs.
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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.