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+--- Thread: 25% tariff on Canada and Mexico on Day 1 (/showthread.php?tid=292133)
25% tariff on Canada and Mexico on Day 1 - special - 11-26-2024
https://www.nytimes.com/live/2024/11/25/us/trump-news?unlocked_article_code=1.c04.h6Wn.VrwDYHGqhhJP&smid=url-share
Re: 25% tariff on Canada and Mexico on Day 1 - SteveG - 11-26-2024
It's "transactional".
President Nutburger starts waving his MAGA flag.
Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
https://apnews.com/article/trump-tariffs-canada-mexico-china-59239afe12033ca99c65c7a2be0e4f0d
NEW YORK (AP) — President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs.
The tariffs, if implemented, could dramatically raise prices on everything from gas to automobiles to agricultural products. The U.S. is the largest importer of goods in the world, with Mexico, China and Canada its top three suppliers, according to the most recent U.S. Census data.
Trump made the threats in a pair of posts on his Truth Social site Monday evening in which he railed against an influx of illegal migrants, even though southern border apprehensions have been hovering near four-year lows.
“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” he wrote, complaining that “thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before,” even though violent crime is down from pandemic highs.
He said the new tariffs would remain in place “until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!”
Re: 25% tariff on Canada and Mexico on Day 1 - SteveG - 11-26-2024
Re: 25% tariff on Canada and Mexico on Day 1 - bfd - 11-26-2024
American consumers will pay a very big price. You've never seen anything like it before.
Re: 25% tariff on Canada and Mexico on Day 1 - special - 11-26-2024
bfd wrote:
American consumers will pay a very big price. You've never seen anything like it before.
sad but true.
Re: 25% tariff on Canada and Mexico on Day 1 - special - 11-26-2024
I wonder how the stock market will react tomorrow morning.
Re: 25% tariff on Canada and Mexico on Day 1 - graylocks - 11-26-2024
It's about time there was a crackdown on those uber polite Canadian drug lords!
Re: 25% tariff on Canada and Mexico on Day 1 - Diana - 11-26-2024
Ummm… wait.
I thought we were going there, not them coming here….
I’m confused.
And as far as drugs go, I thought they flowed northward. From Mexico. Or further south. It appears that the US is a sinkhole of druggies these days if it’s moving from both the north and the south.
Re: 25% tariff on Canada and Mexico on Day 1 - Acer - 11-26-2024
Duct tape or....DRUG TAKE??????
Re: 25% tariff on Canada and Mexico on Day 1 - PeterB - 11-26-2024
graylocks wrote:
It's about time there was a crackdown on those uber polite Canadian drug lords!
They're just gonna sneak right past ya, eh?