Morphine Prince 109,698 Posted January 21, 2025 Share Posted January 21, 2025 President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers. Mexico and Canada are two of America’s top three trade partners. Last year, the US imported $475 billion worth of goods from Mexico and $418 billion from Canada, collectively accounting for 30% of the value of all the goods the US exported last year, according to federal trade data. Meanwhile, the US exported $354 billion worth of goods to Canada last year and $322 billion to Mexico, accounting for a third of the value of all goods the US exported last year. The tariffs Trump intends to place on both countries likely will raise the prospect that the two impose retaliatory tariffs on US goods, potentially hurting domestic businesses. Read more: https://www.cnn.com/2025/01/20/economy/tariffs-trump-executive-order/index.html Link to post Share on other sites More sharing options...
PartySick 172,685 Posted January 21, 2025 Share Posted January 21, 2025 We're so screwed Whimsical bitch Link to post Share on other sites More sharing options...
Morphine Prince 109,698 Posted January 21, 2025 Author Share Posted January 21, 2025 Just now, PartySick said: We're so screwed Canada already announced they will retaliate. I hope prices surge. Sometimes suffering is the only way people learn. Link to post Share on other sites More sharing options...
PartySick 172,685 Posted January 21, 2025 Share Posted January 21, 2025 Just now, Morphine Prince said: Canada already announced they will retaliate. I hope prices surge. Sometimes suffering is the only way people learn. I'm 50/50 on those hopes 'cause I know people will blame Biden for it Whimsical bitch Link to post Share on other sites More sharing options...
FATCAT 60,888 Posted January 21, 2025 Share Posted January 21, 2025 Looks like he's backing down already This kitten over here (meow) Link to post Share on other sites More sharing options...
Morphine Prince 109,698 Posted January 21, 2025 Author Share Posted January 21, 2025 Just now, FATCAT said: Looks like he's backing down already Wdym? Link to post Share on other sites More sharing options...
Edonis 28,974 Posted January 21, 2025 Share Posted January 21, 2025 If you thought the late 2000s economy was rough Link to post Share on other sites More sharing options...
LaLa 19,898 Posted January 21, 2025 Share Posted January 21, 2025 I mean this is obviously terrible for many reasons but as a Canadian from Ontario I'm just so pissed that this is going to have the knock-on effect of getting my awful, corrupt asshole of a premier re-elected just because he's talking a big game about Trump (which is fine, okay). But he's soooooo destructive for this province like our healthcare and education and social services are suffering so much under him but god damn he's gonna call an early election and he's gonna get back in and I'm just so over this all Link to post Share on other sites More sharing options...
FATCAT 60,888 Posted January 21, 2025 Share Posted January 21, 2025 3 minutes ago, Morphine Prince said: Wdym? He's always said Tariffs on day one, so putting it off 2 weeks is him kicking the can down the road This kitten over here (meow) Link to post Share on other sites More sharing options...
Morphine Prince 109,698 Posted January 21, 2025 Author Share Posted January 21, 2025 1 minute ago, FATCAT said: He's always said Tariffs on day one, so putting it off 2 weeks is him kicking the can down the road Ah, well I also think this has to go through Congress, so we'll see. Link to post Share on other sites More sharing options...
Monstermilo 5,473 Posted January 21, 2025 Share Posted January 21, 2025 ima put blinders on i cannot internalize his BS the way i did from 2016-2020. Link to post Share on other sites More sharing options...
PMM 3,274 Posted January 21, 2025 Share Posted January 21, 2025 "North American trade policy that could raise prices for American consumers" Should I feel sorry for those dumb cheekers? I am not I Am a Joke Link to post Share on other sites More sharing options...
Plastic Flower 5,586 Posted January 21, 2025 Share Posted January 21, 2025 I can’t wait for Claudia to say something later today Drop it Link to post Share on other sites More sharing options...
SevenWonder 4,754 Posted January 21, 2025 Share Posted January 21, 2025 Tariffs and the ensuing trade wars are what helped perpetuate the Great Depression about a century ago. Of all his stupid ideas, this one seems to be the stupidest. Link to post Share on other sites More sharing options...
Morphine Prince 109,698 Posted January 31, 2025 Author Share Posted January 31, 2025 Trump has confirmed these are starting tomorrow. Link to post Share on other sites More sharing options...
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