this post was submitted on 31 Jan 2025
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Summary

Trump announced that 25% tariffs on imports from Canada and Mexico will take effect on February 1, though a decision on including oil remains pending.

He justified the move by citing undocumented migration, fentanyl trafficking, and trade deficits.

Trump also hinted at new tariffs on China.

Canada and Mexico plan retaliatory measures while seeking to address U.S. concerns.

If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump's pledge to reduce living expenses.

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[–] stevedice@sh.itjust.works 52 points 6 days ago (3 children)

Someone make this into that Gru meme:

  1. Slap a 25% tarrif on goods coming from your 3 biggest economic allies
  2. Economy will strengthen due to American consumers preferring American made alternatives
  3. There are no American made alternatives
  4. There are no American made alternatives
[–] TheMightyCanuck@sh.itjust.works 27 points 6 days ago (2 children)
[–] stevedice@sh.itjust.works 4 points 6 days ago

lol thank you so much

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[–] JackbyDev@programming.dev 11 points 6 days ago (1 children)

If they really wanted this to work it should be something like a steadily increasing tariff over time instead of 25% right off the bat. But I don't think they really care about it working as intended.

[–] braxy29@lemmy.world 4 points 6 days ago

i gotta be honest, i'm not entirely sure what is intended. this decision doesn't make sense to me!

[–] Blackmist@feddit.uk 4 points 6 days ago

And even if there were American made alternatives, they'd still be more expensive than importing.

Enjoy your higher prices, suckers.

[–] MonkeMischief@lemmy.today 19 points 6 days ago* (last edited 5 days ago) (5 children)

I'm sad seeing all these "Enjoy the collapse, losers!" comments.

Most people on most Lemmy instances, especially here, probably made it VERY clear we didn't want this pathetic handbag-hobgoblin in charge. Yes, a lot of our countrymen voluntarily gave up their brains for his bullshit, but not all of us, by a long shot.

Policy stopped being directed by the will of the people a long time ago. We aren't levying tariffs. He is. We , human beings just like you, are trying to keep it together as a grotesque parody of the fall of the Roman Empire plays out around us.

Stop falling for that tribalist nonsense. Love has no borders, and hate is too busy drawing them. Support your brothers and sisters on this Earth, because when the evil wealthy masters of this world set their sights on your democracy, it could happen to your home just as easily, don't be fooled.

Edit: I've gone over my comment multiple times...where the heck did I even insinuate I didn't vote? We only get one, and like many others, I said a prayer and ticked the box for Kamala's half-hearted efforts to stopgap and buy us more time to fix this thing. For all the friggin' good it did.

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[–] x00z@lemmy.world 26 points 6 days ago (1 children)

Just like the war on drugs, you'll be able to buy black market tacos in alleys.

[–] Pacattack57@lemmy.world 5 points 6 days ago (1 children)
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[–] inclementimmigrant@lemmy.world 14 points 6 days ago (1 children)

May the American people enjoy the fruits of their voting and sitting on their asses.

[–] Croquette@sh.itjust.works 3 points 5 days ago

It wouldn't be so bad if we didn't get fucked by proxy of America electing an old senile fascist.

I am Canadian and I will feel Trump's presidency for a while

[–] buzz86us@lemmy.world 10 points 5 days ago (2 children)

This massively violates the USMCA that he signed

[–] Croquette@sh.itjust.works 3 points 5 days ago

He doesn't give a fuck about anything. It's so tiring that people assume that he is rational and he cares.

[–] fine_sandy_bottom@discuss.tchncs.de 17 points 6 days ago (3 children)

I'm morbidly fascinated to see how all of this shakes out.

Everyone on the left is saying it's a terrible idea with very predictable and deleterious consequences.

Trump seems to think it's as great as it sounds at face value - tax things that sound bad and get money.

Either way it will be a feature of economics text books for centuries to come.

Obviously I want to see Trump fail spectacularly, but it fucking sucks that would harm those of us who can least afford it.

If you went shopping last week and half value of your purchases originated in Canada or Mexico, then will the same purchases next week cost 12.5% more ? That's pretty staggering inflation

[–] kava@lemmy.world 13 points 6 days ago* (last edited 6 days ago) (1 children)

i come from a tariff heavy country. you want a sneak peak? inflation. shit is gonna get more expensive. that's it

[–] Doomsider@lemmy.world 7 points 6 days ago (1 children)

No no no he is going to stop all taxes, pay off the national debt, bring manufacturing back to the US, and build a Nazi mars base for Elon.

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[–] Akasazh@feddit.nl 19 points 6 days ago (1 children)
[–] glitch1985@lemmy.world 9 points 6 days ago

Master of negotiations!

[–] werefreeatlast@lemmy.world 17 points 6 days ago (10 children)

I love how old the orange asshole looks in the photos. Hopefully things just work out in our favor soon. It could be a permanent sleep or maybe a nice golf ball to the forehead or choked on a pretzel. I think we should probably place some ...legal... Bets on how it all goes down? It shouldn't that that long. I remember when my Grandma looked like that and we buried her a few months later.

[–] prof_wafflez@lemmy.world 15 points 6 days ago (1 children)

It's not like this buffoon being gone will stop the rest of the out-of-their-minds and now fascist Republicans or Muskrat from continuing the work.

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[–] RangerJosey@lemmy.ml 9 points 6 days ago

Man look at Kissinger and the Bush Family.

If you've got a high enough body count you just live forever.

[–] Bosht@lemmy.world 10 points 6 days ago

Man have you seen him speak? I don't know what concoction of drugs he is on or if he's just showing his age but he's definitely not the rager he was 5 years ago. Seems tired and much less coherant. Makes me optimistic he might be in mental decline more than I theorized previously. But if we go by the 'asshole' rule he'll outlive most of the Senate just out of stubbornness and hatred. We definitely need a quick solution.

[–] octopus_ink@lemmy.ml 8 points 6 days ago (1 children)

The thing is, I think that might be out of the frying pan and into the fryer at this point.

Vance is cooler under pressure in interviews and generally more coherent sounding. I think he does a far better job of saying ridiculous unreasonable things with a convincing tone of voice and demeanor than does Trump.

If Trump has one too many cheeseburgers tomorrow, then we've got young, clean-cut, smooth talking first-term President Vance to worry about, and I bet he won't be threatened by the attention Musk gets as long he he gets his cut. (Hell, I'm not even sure having to take over for Trump in that circumstance would count as his first term.)

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Mama didn't love him, now he's a grumpy old man with grievances.

[–] FatherGascown@lemmy.world 9 points 6 days ago (1 children)

I'll enjoy seeing the US go down.

[–] zarkanian@sh.itjust.works 4 points 6 days ago

We're reaching the "find out" stage.

[–] ubergeek@lemmy.today 11 points 6 days ago (1 children)

As an American, I'm loving this... Really. Its high time we feel the pain we've inflicted on other countries. Our "comeuppance" if you will.

[–] NikkiDimes@lemmy.world 14 points 6 days ago (4 children)

Unfortunately, it's just going to become another massive wealth transfer when those that have the means buy ups heaps of cheap stock after the resulting market downturn.

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