Trump says he plans to enact 25% tariffs on imports from Canada and Mexico and add to existing tariffs on China on his first day in office
Trump says he plans to enact 25% tariffs on imports from Canada and Mexico and add to existing tariffs on China on his first day in office
Mexico and Canada are the United States’ top two trading partners, accounting for nearly 30% of trade volumes.
Trump vastly misunderstands how foreign dependent America's bullshit economy of e-slop, finance, and exploiting health issues is.
A trade war right after he kicks out the only people who actually make shit in America would be fucking hilarious if it wasn't so fucking dire.
No, he doesn't but his policy writers do know. It's called shock doctrine.
This aligns perfectly with a bit I read that said that social movements and protest movements largely form and organize under progressive / non-repressive political situations where the people aren't so busy fighting for their basic survival that they can get more involved in politics.
Ford, GM, Chrysler instantly regretting their republican pac contributions as Toyota comes to eat their lunch even harder.
(Toyota assembly and majority sourcing for USDM is done entirely within the US while domestic companies have mostly outsourced to Mexico heavily)
How can I succinctly put it? Hmm..
It will affect Canada a lot more.
Even with 25% tariffs, it will still be cheaper to make in Mexico. And they will no longer have to pay the workers the same as the US, as they do under USMC.
I recently read that the Toyota Crown is assembled in Japan. Has there been any hints of tariffs there?
Correct, that is JP built, along with a cpuple other small name models.... And trump has flat said everything imported is gonna see a minimum 10% tax. seeing as how the Crown made up for <1% of toyota's total sales volume for q3 2024, I doubt there's going to be a huge overall impact to their sales competitiveness vs the Big 3's entire lineup though
I've never even heard of that model; I could be wrong but I'm having a hard time imagining it makes up a very sizeable chunk of their inventory or sales ledger
* does not apply to Chinese made MAGA hats
Literally. He also exempted his own daughter's clothing company last time.
I am prepared for prices in general to rise. I am also prepared to explain why to every dipshit Trumper I see in my vicinity.
If I owned a store, I'd itemize the Trump Tariff on every receipt, and a total for how much extra you paid because of him.
Trump did that stickers on all the electronic prices at best buy.
There will be lots of places to put the new Trump "I did that" stickers.
I kinda want to do this just to get some petty revenge on the fuckers that plastered gas pumps with Biden stickers (which they then had to remove when gas fell back down to normal prices eventually lol)
Roma's $1.25/lb + trump = $1.56/lb Cucumbers .85/ea + trump = $1.06/ea Avocado .99/ea + trump = $1.24/ea Asparagus 2.99/lb + trump = $3.73/lb
And that's at an affordable supermarket. Add 10-15% more for places like walmart, albertsons, kroger, etc.
Don't forget to add an extra 25% for all the companies using the tariffs as excuses to raise prices further to extract profit.
They did it with covid, they'll do it again now.
Are all cucumbers imported? Those can be farmed in the US, I believe.
I suggest starting a small garden for various vegetables and spices to save money. For those living in apartments, you can make some in your windows.
Mini leeks are probably the easiest. I actually got an overwhelming amount just from two pots and barely needed to do any kind of maintenance.
Are you going to add to them if someone arrests Netanyahu?
Emperor of stupid.
Stupid scandals should get ‘-a-Lago’ pinned to their arse.
Tariff-a-Lago is a go.
Dumbass.
So I was thinking about the way he worded this, 25% tariff until the border crossings stop. I think he might be onto a 4D chess move here.
If he tanks the US economy so badly that it's financially detrimental to cross the border then the flow of people across the border will definitely come down. If he tanks the economy hard enough we may even see the flow reverse, at which point he can lift the tariffs and declare the job done.
He is already happy to make Americans ignorant, illiterate, and spiteful to outsiders; is he really going to baulk at making them dirt poor as well?
Many flee Mexico to escape the violence and gangs too, do t forget. Yes the economy is a big part of immigration, but safety is right up there