U.S. President Donald Trump signed an order Saturday that places 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China, the White House said.
Gotta go easy on the hammer and sickle for helping him get elected.
Trump wants lower interest rates, but does everything to raise inflation and therefore keep them up.
If you are a non-Trump voter in a red state, especially if you work for the flagship company or industry in that state, I would like to apologize on behalf of all Canadians for what our government is about to do. We don’t want to do it but it is the only way to deal with a bully.
I hear ya. Probably going to lose my job because of this, and it isn’t your fault.
I think both countries are going to have a lot of job losses because of this. It’s never the idiot leaders who suffer, it’s everyone else.
I’m not sure how well I’m going to be sleeping anymore. Oh well.
I haven’t slept well in months. I’m confident in my ability to make it to Canada when (not if) I need to. But at this point they’re forcing our hand. When there’s no hope, there’s nothing left to lose.
With this and DOGE it sure seems the US is slowly destroying itself from the inside, all to the benefit of Russia, China and a few rich guys
Pfffft, “slowly”??? They pushed the pedal to the floor and launched it off the cliff! And we’re duct-taped to the back seat…
News can’t even report on Elmo’s bros taking over our government payment system and HR system because Trump just made everything 25% more expensive
Interesting that he’s going easier on China than us or Mexico. Sorry, I meant obvious.
Why is it obvious? I still don’t understand why
So the US is only slightly stepping on China for appearances? weirdChamp
So we raise all prices. Even energy. 40%
“Okay Mr smarty-pants. Do you wanna go for 50? Don’t try me.”
What goods?
Lumber from Canada is a big one.
Everything except energy apparently?
Yeah good luck with that though. We’re going to retaliate with our own energy tarrifs
Go figure, he wants Americans to continue driving gas guzzlers and not see the price of gas go up in the states.
Americans also unaware that this means they will be paying more for imported goods.
Americans will be paying more for everything. Domestic suppliers have free reign to raise prices to match.
Yup, that’s the point of tariffs. Nationalism. It’s just a very stupid stance when our economy has been propped up by bullshit for decades. I can’t help but think of the little British girl from the resident evil movie. “You are all going to die down here” thanks little girl, I know, didn’t need to hear you say it.
I fully support Canada embargoing oil. Won’t happen because Alberta is a Trumpy little traitor and will make a tantrum.
Our flatlanders are allied with the cruel conservative Americans. They’re not gonna cut off oil because it would hurt their friend; and also they’re so fat on that teat they have no plan-b.
I’d be supportive of Canada as a whole doing the right thing. Those pipelines need to be severed.
Many of us are well aware it’ll raise the cost of goods, and not just imports. Any domestic competitors that don’t raise priced by say, 20% and 7%, is leaving money on the table and will get sued by their share holders.
I’m not saying I like that fact, but it just is.
How many consumer goods are even made in the US besides food? I know we do make some things, but 90% of the stuff at Walmart is imported crap.
I use Walmart as the example since that’s where most of the GOP voter base lives and breathes.
A handful of cars and large equipment? Realistically the only reason we’ve been a superpower this long is because of the deal with Saudi to install the Petro dollar. Republicunts don’t understand how fragile this shit is.
No, oil is 10%.
Right, I should have been clearer what energy means. Crude oil.
The good ones
oooh, that’s good
But why?
To encourage more manufacturing in the US. Such will not be exposed to the tariffs.
To tank the entire continent so American tech billionaires can bring back feudalism
Yeah, if you force enough car companies to come close to bankruptcy, they’ll have to sell to Tesla before it folds. If left to true capitalism, musk would likely be broke before he dies. This is just an example, and the same model used for every major industry. If Tesla was valued as a regular company instead of a speculation stock, it would be in the dirt already.
I’m kind of hoping we (Canada) just ban Tesla and Elon companies in this stupid trade war, or preferably, fight dirty and disregard Tesla trademarks and make out own Teslas (while also banning the company). Elon’s wealth is tied to Tesla stock so if we can make even a bit of a dent in that, it’ll be a good day (and hilarious)
Because he learned a word and built his entire policy around it.
Putin, why else. He wants a weakened US.
So does China. All of our economic rivals.
Ugh!
