Trump announces 25% blanket tariff on Mexico and Canada, additional 10% on China

19,198 Views | 217 Replies | Last: 10 days ago by agracer
Dan Scott
How long do you want to ignore this user?
AG
He says the tariffs will be in my place until drugs stop coming in and the illegal alien invasion stops. Additional 10% on China as a penalty for not stopping fetanyl. He says both Mexico and Canada have the power to easily solve the problem and demands that they do or pay a price. Executive orders for January 20

Futures down about .33% since the Truth. They dropped quickly but have stabilized. Interesting to see how market reacts.



Logos Stick
How long do you want to ignore this user?
Nice
Quo Vadis?
How long do you want to ignore this user?
Big stick nationalism
Dan Scott
How long do you want to ignore this user?
AG
Oil is the biggest import from Canada. About 30% of import from Canada. If crude is included, The Midwest refineries use it.
Dan Scott
How long do you want to ignore this user?
AG
https://www.bis.doc.gov/index.php/documents/technology-evaluation/ote-data-portal/country-analysis/3028-2021-statistical-analysis-of-u-s-trade-with-mexico/file

https://www.bis.doc.gov/index.php/documents/technology-evaluation/ote-data-portal/country-analysis/2948-2021-statistical-analysis-of-u-s-trade-with-canada/file

Combined, the U.S. imports $800B from Mexico and Canada. Does 25% tariffs mean $200B annual federal revenue assuming trade remains flat.

Buck Turgidson
How long do you want to ignore this user?
Thats right. We arent burning gas refined from domestic oil in our cars.
Build It
How long do you want to ignore this user?
AG
4d chess, wouldn't surprise me if we dont end up with a security zone on the other side of the river
rathAG05
How long do you want to ignore this user?
AG
It's about time. We have leverage and have been way too chicken **** to use it. I will gladly pay more for goods if we get these kind of results. At least I know my money would be actually benefitting the country.
rathAG05
How long do you want to ignore this user?
AG
I'm in on all of this.
DarkBrandon01
How long do you want to ignore this user?
AG
very strategic and surgical and definitely won't mess up the economy
Ozzy Osbourne
How long do you want to ignore this user?
I get Mexico and China, but why Canada?
Eliminatus
How long do you want to ignore this user?
AG
I am one of those who tends to believe that China learned from the Opium Wars. Pretty much all of fentanyl precursors is state subsidized and introduced. Fentanyl is a strategic weapon to the Chinese and to date, incredibly effective. I don't dismiss that line of thinking out of hand, because to be absolutely honest, I would do the same thing in their shoes.

I don't think tariffs are the answer to everything, but in this case, it is AN answer. In an area where there simply hasn't been one previously, period. Let's just see how it plays out first in effectiveness before we start casting stones everywhere.

ETA:

Here is the site for the bipartisan House investigation into the CCP's part of the fentanyl epidemic. Really interesting stuff in there.

https://selectcommitteeontheccp.house.gov/members

Here is the summary of the investigation:

https://selectcommitteeontheccp.house.gov/sites/evo-subsites/selectcommitteeontheccp.house.gov/files/evo-media-document/4.16%20The%20CCP's%20Role%20in%20the%20Fentanyl%20Crisis.pdf

For my TLDR version: China is explicitly and knowingly facilitating, aiding, and encouraging the manufacturing and sale of fentanyl to foreign countries but especially America in order to sow chaos and weaken us as a nation. They also lie about it and protect those who get caught in the act. We, as in America, needs to address this aggressively at every approach and right the hell now. This investigation concluded in April of this year.
SunrayAg
How long do you want to ignore this user?
AG
Because Trudeau is a bigger communist than Putin or Kim.
Psycho Bunny
How long do you want to ignore this user?
Ozzy Osbourne said:

I get Mexico and China, but why Canada?
Because F***em that's why.
"All the gods, all the heavens, all the hells are within you". Joseph Campbell
Kvetch
How long do you want to ignore this user?
AG
DarkBrandon01 said:

very strategic and surgical and definitely won't mess up the economy


A modern monetary theorist who supports every spending bill worrying about the economy. Right….

One could extrapolate that he's putting this information out now so that the named countries have time to implement changes before said tariffs take effect. I know leftists don't understand the concept of leverage, but maybe you should sit this one out.
Sid Farkas
How long do you want to ignore this user?
AG
MAGA
Shoefly!
How long do you want to ignore this user?
AG
Psycho Bunny said:

Ozzy Osbourne said:

I get Mexico and China, but why Canada?
Because F***em that's why.

Hell yeah!!!
Dan Scott
How long do you want to ignore this user?
AG
On January 20, new tariffs are in place or we have huge slowdown in illegals and drugs. He can't throw this out and not follow through with it.
Ag87H2O
How long do you want to ignore this user?
AG
Lol at all the big spending, transitory inflation folks worried about the cost of tariffs. Trump is giving them a chance to put things in order before he is inaugurated. If they don't, they will soon afterwards because they can't afford to take the economic hit.

Maybe a little short term pain for some long term gain.

What good is a mandate if you're afraid to use it?
P.H. Dexippus
How long do you want to ignore this user?
AG
A 25% tax hike on Americans. No thanks, libs.
DTP02
How long do you want to ignore this user?
AG
DarkBrandon01 said:

very strategic and surgical and definitely won't mess up the economy


It's a negotiating position. It's pretty transparent but the only thing that makes it work is the perception of Trump's erratic decision-making, so your ilk has played their part.
unmade bed
How long do you want to ignore this user?
Mexico finally gonna pay for that wall!

Why not go 50%?
Logos Stick
How long do you want to ignore this user?
DarkBrandon01 said:

very strategic and surgical and definitely won't mess up the economy


Well then, you can campaign on it next time.

The inflation reduction act screwed up the economy and I don't recall any libs complaining.
Logos Stick
How long do you want to ignore this user?
unmade bed said:

Mexico finally gonna pay for that wall!

Why not go 50%?


Mexico needs to be harshly punished for their facilitation of the invasion. Good Trump.
Dan Scott
How long do you want to ignore this user?
AG
We export 1.2MBD of petroleum product to Mexico. If you want to F up Mexico, you limit that. ExxonMobil and Valero will get pissed off though.
An L of an Ag
How long do you want to ignore this user?
AG
I like this! In!
deddog
How long do you want to ignore this user?
AG
unmade bed said:

Mexico finally gonna pay for that wall!

Why not go 50%?

Hopefully he will. We have all the leverage
rathAG05
How long do you want to ignore this user?
AG
Guys like him do t understand leverage. That's why he probably supports most bad policy.
Heineken-Ashi
How long do you want to ignore this user?
Dan Scott said:

We export 1.2MBD of petroleum product to Mexico. If you want to F up Mexico, you limit that. ExxonMobil and Valero will get pissed off though.
You don't have to limit anything. You just threaten to lift your finger and they will bend the knee. They are a cockroach to our boot, yet, there's only been one president who has reminded them of their place.
BadMoonRisin
How long do you want to ignore this user?
AG
P.H. Dexippus said:

A 25% tax hike on Americans. No thanks, libs.


The products won't even make it to shelf because the market will adjust and source from non-tarriff impacted similar goods.

That's kind of the entire point of a tarriff....giving people who don't fix their **** a competitive disadvantage.

It's called leverage. We have the most lucrative market on planet Earth. Shutting off access to it would be painful...ergo, people do what we say.
Lathspell
How long do you want to ignore this user?
AG
"Blame Canada!"
Ag with kids
How long do you want to ignore this user?
AG
Ag87H2O said:

Lol at all the big spending, transitory inflation folks worried about the cost of tariffs. Trump is giving them a chance to put things in order before he is inaugurated. If they don't, they will soon afterwards because they can't afford to take the economic hit.

Maybe a little short term pain for some long term gain.

What good is a mandate if you're afraid to use it?
That's how Reagan got the economy under control at the beginning. He KNEW that the tight money policies would cause a recession. But, after the **** show of the 70s, it was needed. And by 1983 we were doing GREAT.
sam callahan
How long do you want to ignore this user?
Quote:

very strategic and surgical and definitely won't mess up the economy

more strategic and targeted than raising the corporate tax rate, which leftist are all for
Ag with kids
How long do you want to ignore this user?
AG
Lathspell said:

"Blame Canada!"


VATE SUCER CANUCKS ET MANGE MES BRIEFS!
Dan Scott
How long do you want to ignore this user?
AG
Peso down 1.5% against dollar, lowest level in 2 years
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.