Trump says Canada and Mexico to be hit with 25% tariffs on Saturday
-
W [email protected] shared this topic
-
-
-
What an idiot he is.
P.S. Trump is just looking to see if the Americans can stand up for themselves. If they remain silent and do nothing like the Russians, he will continue to tighten the screws.
-
-
If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump’s pledge to reduce living expenses.
First time around, with the trade war with China, he had the federal government cut checks to affected farmers.
During COVID-19, he had aid checks sent out -- with his name on them -- to the public.
So, that's presumably to make sure that they associate him with the check. I understand that sending out gifts to the public with your name attached isn't uncommon around election in some countries with kinda sketchy political systems.
One imagines that he might do a repeat. Most people don't seem to have a great handle on what drives inflation, from polls I've seen. If you figure that you get political points for sending out checks but don't lose as many political points for raising costs, that might be an advantageous political move. It's economically-inefficient, but...
-
-
-
-
I read a post on Mastodon from someone in Ontario Canada that was proposing shutting off all export of oil and electricity to the US. The thing that made me doubt this was they were also calling for impeaching 45 (again!). That would leave Vance which scares me even more.
-
He's just basically doing the same thing as trying to make Mexico pay for the border wall.
-
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.
-
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.
-
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
-
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...?
-
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.
-
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.
-
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.
-
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.
