Trump says tariffs on Canada and Mexico coming Saturday, and he's deciding whether to tax their oil
Trump says tariffs on Canada and Mexico coming Saturday, and he's deciding whether to tax their oil
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” decide on Thursday night whether to include oil from those countries as part of his import taxes.
So remember those biden "i did that" stickers people were putting on gas pumps?
Got any trump flavored?
I found tons on etsy
Good.... keep making the country worse. Maybe, just maybe, more people will start to take notice how awful this moron is.
But who am I kidding?
Well, the prices of everything are about to skyrocket and will never come back down. Once companies see that consumers will pay these inflated prices (because they have no other choice if they want to do things like eat or drive), that's going to become the new price. Even if the tariffs are rescinded later, the decreased tariffs will just turn into more profit for the corporation, not lower prices for the consumer.
This is just going to turn into nothing more than lost jobs, skyrocketing inflation, and probably a recession.
And why would anyone ever "negotiate a deal" with Trump again? He already threatened them with a 10% tariff once before, and got them to commit to spending $1.3 billion on a "border control problem" that doesn't actually exist. Then he slaps bigger tariffs on them anyway? Who in their right mind is going to want to negotiate in good faith knowing full well that Trump can and will just go "eh....nah" on a whim and renege on his end of the deal because fuck you that's why? Especially since Trump's biggest problem is supposedly our current trade deal with Mexico and Canada, which Trump crafted back in 2020 in the first place.
Remember the day: January 31, 2024 will soon be known as the day that prices were at their lowest during Trump's entire administration. It's all uphill from here. Fast.
Canada should just add a export tax. Why should the US government get the money.
Why would you tax your exports? Exports are what drive money into your country. Trump views it as, I can hurt their countries economies and the only people who get hurt in return are U.S. consumers. Unfortunately many voters are consumers who can't do math.
Please do tariff Canadian oil... fuck we need some motivation for Alberta to stop being a damn petrol state.
They won't, because Danielle Smith is a wedge in Canadian political unity.
Well good luck fellow Americans! You voted and sat on your asses for this bullshit!
If only they'd wake up and realize they fucked up. They won't though. They'll be told who to blame and go along with exactly that.
not I, but I get the feeling.
All it takes for evil to triumph is for fat lazy assholes not to participate in an election.
Stealing this from another comment:
The Agreement between the United States of America, Mexico, and Canada (USMCA) was entered into force on July, 1, 2020, under the USMCA Implementation Act, H.R. 5430; Public Law 116-113. It replaces the North American Free Trade Agreement (NAFTA) which was in force from January 1, 1994 to June 30, 2020.
Hmm who was president in 2020?
https://www.cbp.gov/trade/priority-issues/trade-agreements/free-trade-agreements/USMCA/FAQs
"But it was up to the Biden administration to enforce it and they did a horrible job and the whole thing needs to be redone because of that. If Biden had actually enforced the bill that I put into place when I was President the first time we wouldn't be in this situation now where i have to redo everything from scratch so it's Biden's fault that you all lost your jobs and everything is twice as expensive and gas is $4 a gallon but dont worry in 2 weeks i'll have prices back down to normal and you won't have to worry about gas prices again and it'll be great and Canada and Mexico will be paying billions to our new external revenue department just wait and see."
I assume he has a plan to redo all our refineries to handle our higher quality oil we can get more on the foreign market with usually?
You have hopes up to at a 10; I'm gonna need you to takeaway 80% from that, Bud.