Trump warns Canada, Mexico tariffs are coming on Saturday

[werefreeatlast@lemmy.world]

That rhymes!

Trump is a ruzzian asset

And a traitor

Trump is a liquidator!

[obstreperouscanadian@lemmy.ca]

Thanks for the reminder that I need eggs this weekend. They're like $4 CAD a dozen here.

[obstreperouscanadian@lemmy.ca]

Same here. Personally, I'm also going to buy as little from the US as I can for the next while. Same as last time.

[bytemeister@lemmy.world]

Couldn't have picked a better week to switch to get an electric car.

[merc@sh.itjust.works]

I really hope Canada and Mexico do Free Trade Judo, rather than just counter-tariffs.

If Canada imposes a counter-tariff on American goods, it just makes things more expensive for Canadians. But, USMCA required that Canada and Mexico agree that the big tech companies can't be sued in Canada or Mexico for content appearing on their platforms. Fuck that rule, let the lawsuits fly.

The update to NAFTA also required that Canada and Mexico adopt the ridiculously long US copyright term limits, making it life+70 years instead of life+50. So... go back to the original rules and bring a bunch of copyrighted American content into the public domain.

Mexico was required to adopt the "notice and takedown" bullshit from the DMCA. Fuck that. Mexico can go back to their old system. I don't know what they used, but I'm sure it was better for the end-user than DMCA bullshit, and changing it back would only hurt Hollywood.

Instead of just counter-tariffs, make things cheaper and better for Canadian and Mexican citizens. In particular, fuck American copyrights. It's ridiculous that Canada and Mexico were forced to bend over backwards for the benefit of Disney and friends. If the US wants its neighbors to respect its IP, then it needs to respect the free trade agreement that Trump fought for and signed.

[notsteve_@lemmy.ca]

And Canada's and we didn't even get a chance to vote against this guy

[buzz86us@lemmy.world]

So like how does he do this without screwing over 90% of our automotive companies?
I thought he was trying to....
Lower

Prices

[avidamoeba@lemmy.ca]

Supply management (economic planning) baby!

[buzz86us@lemmy.world]

I wonder how long before US automotive factories in Mexico get nationalized, and pump out BYDs.

[sulaymanf@lemmy.world]

Musk said there would be temporary pain. Trump is willing to have others suffer to get what he wants.

[buzz86us@lemmy.world]

Except his every policy will make prices higher.

[sulaymanf@lemmy.world]

Canada and Mexico are reportedly at a total loss because they have no idea what Trump even wants. It’s being reported that Trump wants to slap actual tariffs on someone just to show he means business.

[sulaymanf@lemmy.world]

Well I mean you need a few survivors to warn the rest of humanity right?

[bne@lemmy.blahaj.zone]

That's the neat thing, he doesn't!

[mutilationwave@lemmy.world]

Right. Lower prices are what he says he wants, not what he actually wants. Never forget, nearly everything he says is a lie.

[cethin@lemmy.zip]

Bad news. Cost of petroleum increasing probably increases the cost of electricity too. Energy is energy. If cost of one source of energy increases then other sources also increase price.

It probably won't be as bad as gas prices, but it's probably all going up.

[mutilationwave@lemmy.world]

He said it pretty often in his first term. The commenter you replied to has it right. "Nobody knew..." translates directly to "I just found out"

[floofloof@lemmy.ca]

The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and exporting millions of barrels daily. In 2023, it exported just over 10 million barrels per day, or b/d, of petroleum to 173 countries and three US territories.

Yet, the US also imports roughly 8 million b/d, mostly heavy crude,60% of which comes from Canada, up from 33% in 2013. US oil refining capacity stood at 18.4 million barrels per day (b/d) as of Jan. 1, 2024. This may seem counterintuitive, but there are several reasons why the US still relies on imports.

That says that 60% of the oil the USA imports comes from Camada, not that the USA imports 60% of its oil from Canada.

[hellsbelle@sh.itjust.works]

The USMCA was signed by Trump in 2018 (revised version signed in 2019). Implementation didn't occure until 2020.

https://en.m.wikipedia.org/wiki/United_States–Mexico–Canada_Agreement

[flyingsquid@lemmy.world]

Sorry... what's the difference? Both are about how much of the oil the U.S. imports comes from Canada.