Trump says he'll place tariffs on Canada, Mexico and China on Saturday

[Say it aint so]

WASHINGTON (AP) — President Donald Trump said Friday he would place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective on Saturday, raising the specter of swift price increases for U.S. consumers as he suggested he would try to blunt the impact on oil imports.​

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Trump had been threatening the tariffs to ensure greater cooperation from the countries on stopping illegal immigration and the smuggling of chemicals used for fentanyl, but he has also pledged to use tariffs to boost domestic manufacturing and raise revenues for the federal government. --AP​

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Let the price increasing, foreign nation retaliation on the US replete with the US tax payer subsidizing US job sectors begin. And btw, the two largest countries the US imports oil from? Mexico and China. So right there is a 25% cost increase.

 

[Valletta]

WASHINGTON (AP) — President Donald Trump said Friday he would place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective on Saturday, raising the specter of swift price increases for U.S. consumers as he suggested he would try to blunt the impact on oil imports.​

​

Trump had been threatening the tariffs to ensure greater cooperation from the countries on stopping illegal immigration and the smuggling of chemicals used for fentanyl, but he has also pledged to use tariffs to boost domestic manufacturing and raise revenues for the federal government. --AP​

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Let the price increasing, foreign nation retaliation on the US replete with the US tax payer subsidizing US job sectors begin. And btw, the two largest countries the US imports oil from? Mexico and China. So right there is a 25% cost increase.

Mexico and Canada did not come through. Shame on them for not taking proper steps to curb illegal entry into our country. Now they know Trump was not bluffing. I expect both countries to reverse course within a week.

 

[Aryeh Jay]

I don't use maple syrup, don't drink tequila, and my rice is American.

 

[Fantine]

And they will place similar taxes on our exports. Our factories will sell less. Prices will rise.
He needs a better concept of a plan.

 

[CRAZY_CAT_WOMAN]

Mexico and Canada did not come through. Shame on them for not taking proper steps to curb illegal entry into our country. Now they know Trump was not bluffing. I expect both countries to reverse course within a week.

Actually it's not their job to keep things out of America. That's America's job. As for tarriff's. That will be our problem. Since the price will become our problem. As for drug's, when will America take responsibility for their drug problem.

 

[Say it aint so]

Mexico and Canada did not come through. Shame on them for not taking proper steps to curb illegal entry into our country. Now they know Trump was not bluffing. I expect both countries to reverse course within a week.

You mean reverse actions like the last time? That didn't happen. We seen this movie before. We both know however what did happen. Those who don't learn from history are doomed to repeat it, and it's hard to learn when you're dumb enough to think oneself is a self proclaimed genius.

 

[Always in His Presence]

All they have to do is help prevent the transportation of illegal drugs across the border - wonder why they do not want to?

 

[BPPLEE]

Total imports from Canada and Mexico represent less than 4% of US GDP. 25% tariffs on all imports of goods and services will result in a maximum impact (presuming no changes in buying patterns) of less than 1% of GDP cost increase. Given the deficit reduction it will generate along with the growth in domestic activity, this is a non-issue. Thank you
@realDonaldTrump
for keeping your promise. Looking forward to 10% + on China and an additional 20% + on all nations.

 

[Say it aint so]

Total imports from Canada and Mexico represent less than 4% of US GDP. 25% tariffs on all imports of goods and services will result in a maximum impact (presuming no changes in buying patterns) of less than 1% of GDP cost increase. Given the deficit reduction it will generate along with the growth in domestic activity, this is a non-issue. Thank you
@realDonaldTrump
for keeping your promise. Looking forward to 10% + on China and an additional 20% + on all nations.

....meanwhile, back in the real world.

 

[ozso]

You mean reverse actions like the last time? That didn't happen. We seen this movie before. We both know however what did happen. Those who don't learn from history are doomed to repeat it, and it's hard to learn when you're dumb enough to think oneself is a self proclaimed genius.

Plenty recognize that Trump is a genius. And that Musk is a genius. You're just not used to genius' at work in the US government.

 

[BCP1928]

Plenty recognize that Trump is a genius. And that Musk is a genius. You're just not used to genius' at work in the US government.

The question is, who they're geniusing for, and it's not the working class. They're trying to fob us off by slaying the woke monster.

 

[ozso]

The question is, who they're geniusing for, and it's not the working class. They're trying to fob us off by slaying the woke monster.

The actual working class hired them to slay that woke monster. Those leaching off the working class might have something to worry bout.

 

[FenderTL5]

Those leaching off the working class might have something to worry bout..

I don't think so, those millionaires and billionaires will continue to be just fine.

 

[Say it aint so]

Plenty recognize that Trump is a genius. And that Musk is a genius. You're just not used to genius' at work in the US government.

LOL. Like below? People have recognized the definition of insanity is doing the same thing and expecting a different result.

 

[ozso]

LOL. Like below? People have recognized the definition of insanity is doing the same thing and expecting a different result.
View attachment 360501

Really old fake news recycle.

 

[Fantine]

Plenty recognize that Trump is a genius. And that Musk is a genius. You're just not used to genius' at work in the US government.

Do those "plenty of people" have good judgment? I am aware the current president refused to take any cognitive tests beyond repeating five words by rote.

 

[ozso]

I don't think so, those millionaires and billionaires will continue to be just fine.

Clever, but they're the ones who supply the jobs for the working class, and those who make a career of not working, usually to lay around and do drugs, are the ones leaching off the working class.

 

[BCP1928]

Clever, but they're the ones who supply the jobs for the working class, and those who make a career of not working, usually to lay around and do drugs, are the ones leaching off the working class.

The old trickle down. Right.

 

[Fantine]

Right now Musk isn't providing jobs. He's planning massive layoffs which will throw our country into recession.

 

[BPPLEE]

Do those "plenty of people" have good judgment? I am aware the current president refused to take any cognitive tests beyond repeating five words by rote.

It really looks hypocritical talking about cognitive tests for the current president