NOW – White House: United States will impose 25% tariffs on Canada and Mexico, and 10% on China, all effective tomorrow. pic.twitter.com/9M9tVyQzQM
— Disclose.tv (@disclosetv) January 31, 2025
This is wild.
“WASHINGTON, Jan 31 (Reuters) – U.S. President Donald Trump said on Friday he would impose hefty new tariffs of 25% on goods from Mexico and Canada and 10% on imports from China, and nothing could be done by the three countries to forestall them.
Trump did, however, reference a potential carve out for oil from Canada, saying that rate would be 10% versus the 25% planned for other goods from the United States’ northern neighbor. But he indicated wider tariffs on oil and natural gas would be coming in mid-February, remarks that sent oil prices higher.
Trump has been threatening the tariffs for weeks, saying they would be imposed on Feb. 1 and remain in place until the countries did more to stem the flow of both migrants and fentanyl over the U.S. border. …”
Imagine a world where Pat Buchanan was elected president and paleocons have seized control of the federal government and have begun to implement their policy prescriptions on trade, foreign policy, immigration and other culture war issues from back in the 1990s.
Unfortunately I’d wager the biggest issue to most Americans is still inflation and this will do absolutely nothing to help. In fact we’re about to get more sweet sweet price hikes. Was there even a plan to address that?
Trump’s Tariffs Would Reverse Decades of Integration With Mexico….New York Times
Tsk…tsk
Higher tariffs on Canada than China??
Chinese products are so ubiquitous that they may be going slow to see what the impact is.
Huge cost of living taxes on Americans from these tariffs.
Is this a MAGA “win” too?
Sometimes retailers eat the tariffs in their margins. The margins are so fat on Chinese goods that it would be easy. This happened with Canadian soft lumber. Jimmy Carter had hefty tariffs put on Canadian lumber, so the Canucks increased lumber production and actually reduced the lumber prices, in spite of tariffs.
Often companies will increase production to compensate for reduced margins, same for countries.
Its funny reading all the Leftists, disguised as Neo-Nazis, now trying to complain about White Rightwing Nationalist Trump Administration in the language of Bush Neo-Liberalism like November. Its enough to make the CPUSA blush after becoming Pro-Nazi following the Molotov-Ribbentrop Pact of 1939. Sadly, it means most of the commentarate here at OD actually take their cues from the Supreme People’s Commissariate.
Are you going to remain a part of Ben Gvir’s coalition with Netanyahu, or has the temporary ceasefire in Gaza caused your blood thirst for goyim blood been too much for you to handle?
Btw, will you be laundering Netanyahu’s soiled clothing while he is Trumpenstein’s first foreign “leader and war criminal to be hosted at the White House.
Of course, your PM can come and go from the White House Ashe pleases because Zion Don gave him a key.