Summary

Donald Trump pledged to impose a 25% tariff on all products from Mexico and Canada on his first day in office, blaming them for failing to stop illegal drugs and immigration.

He also vowed to add a 10% tariff on Chinese goods until drug trafficking into the U.S. ceases.

Economists warn these tariffs could drive up consumer prices and inflation.

While violent crime has declined in recent years, Trump continues to link trade measures to border security and drug issues, echoing his first-term trade policies and immigration stance.

  • ikidd@lemmy.world
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    9 days ago

    Yah, that’ll fix inflation, you fucking stable genius.

    What a shithole country.

  • Flying Squid@lemmy.world
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    8 days ago

    I’m pretty sure most of the drugs coming in from Canada are in the possession of seniors who can’t afford American medical care.

  • vala@lemmy.world
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    8 days ago

    It seems pretty obvious that the plan is to deliberately destroy the US economy.

  • Mog_fanatic@lemmy.world
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    8 days ago

    This will look just spectacular on my grocery bill. Prolly like 75% of my produce comes from Mexico right now.

    • IphtashuFitz@lemmy.world
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      8 days ago

      Not to worry. All the farms in the US will pick up the slack thanks to all that plentiful cheap migrant labor. Oh, wait…

  • seaQueue@lemmy.world
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    9 days ago

    Wow. It sure is a good thing we still have domestic products that can compete with all of the imported goods from these major trade partners …right? Right?

  • Maple Engineer@lemmy.world
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    8 days ago

    GM stocks are down 8% today.

    Congratulations to all the auto workers union members who voted for Trump.

    • nomous@lemmy.world
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      8 days ago

      Don Jr is a coked up veteran. Daddy doesn’t respect that. Ivanka is has features Daddy does “respect” though, so she inherits the throne.

  • Furbag@lemmy.world
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    8 days ago

    I hope he does it. I really do. The quickest path to revolution is when people aren’t just vibe struggling, it’s when they’re literally starving because nobody can pay for enough calories to sustain themselves. The faster we get to that point, the faster we can fix all of America’s problems by deposing the oligarchs, rewriting the constitution to restore the guardrails of democracy and restructuring the government and the judiciary to serve the people and not corporations.

    No balls, Trump, you fucking won’t. You’ll pussy out at the last minute or get bullied by another world leader with more gumption than you can muster.

  • Sprokes@lemmy.ml
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    8 days ago

    What are the benefits for him? All that he do is for his own good. At first I thought he was saying lies so that he can get elected. But now that he is elected, what will he gain from doing that? Won’t American suffer so does his assets?

      • Pilferjinx@lemmy.world
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        8 days ago

        Don likes to make “deals”. I honestly think he’ll walk back on this once it begins to piss everyone off.

    • Zron@lemmy.world
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      8 days ago

      Recessions allow the wealthy to consolidate and expand their wealth.

      He’s going to force a huge recession so he, and all of his billionaire friends, can buy up failing companies, consolidate them, and make even more money when the economy gets recovered by someone who actually knows what they’re doing.

      Enjoy the last few months of being able to afford anything.

    • MutilationWave@lemmy.world
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      8 days ago

      If all assets are lower, the billionaires can buy everything cheap then get crazy wealthy whenever (if) things are ever fixed.

  • Revonult@lemmy.world
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    9 days ago

    The whirlpool logo looks too much like a halo to be a coincidence…surprised the pic doesn’t burst into flames

    • That looks like a ludicrously bad shop job. Also, Whirlpool appliance boxes are not printed in color like that.

      And for anyone wondering, practically all of Whirlpool (and all the other “American” brands) refrigerators are made in Mexico. Just saying.