Trump says Canada and Mexico to be hit with 25% tariffs on Saturday
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Isn't that the whole.purpose of the free trade agreement?
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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).
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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.
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Right, but the tariffs will shoot that dead.
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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.
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It's not like this buffoon being gone will stop the rest of the out-of-their-minds and now fascist Republicans or Muskrat from continuing the work.
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Only if sold in the US no?
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I believe if a good enters a country it's deemed as being imported, even if it's getting exported immediately. At some ports they have areas where goods are deemed not to have entered the country and they can be put back on another ship. Drive it over "the border" though and suddenly you have to do all the paperwork and pay the bills.
I'm not aware of trains and trucks being considered as little bits of neutral territory moving across the country.
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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.
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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.)
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Nah, EU likes them avocados and fruit too, especially in winter.
Looking forward to cheaper maple syrup!
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One trick pony
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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.
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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.
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Nice try Ohio
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Literally any other politician I could believe would be stupid enough to rile everyone up about tariffs but still be hesitant to pull the trigger on it out of fear of the economic repercussions.
Trump straight up doesn't understand the repercussions, will fire anyone who tries to explain them to him, and has no reservations whatsoever about pulling any triggers that he can get his lil fingies around.
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Not to mention roller coasters. Two of the largest thrill parks in the US.
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Whatever he exempts is specifically what Canada and Mexico should target for export tarriffs in retaliation.
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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.
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Master of negotiations!
