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Trump vastly misunderstands how foreign dependent America's bullshit economy of e-slop, finance, and exploiting health issues is.
A trade war right after he kicks out the only people who actually make shit in America would be fucking hilarious if it wasn't so fucking dire.
No, he doesn't but his policy writers do know. It's called shock doctrine.
This aligns perfectly with a bit I read that said that social movements and protest movements largely form and organize under progressive / non-repressive political situations where the people aren't so busy fighting for their basic survival that they can get more involved in politics.
Many small but important parts come from China nowadays. Parts we use directly, and those that end up in things people buy: screws and bolts, electronic parts, all kinds of plastic products. The US no longer has the machines or manpower to produce those parts on their own, and will still have to buy them in China.
Brace for inflation in the US like you have last seen in the 1920s.
Ford, GM, Chrysler instantly regretting their republican pac contributions as Toyota comes to eat their lunch even harder.
(Toyota assembly and majority sourcing for USDM is done entirely within the US while domestic companies have mostly outsourced to Mexico heavily)
How can I succinctly put it? Hmm..
It will affect Canada a lot more.
Even with 25% tariffs, it will still be cheaper to make in Mexico. And they will no longer have to pay the workers the same as the US, as they do under USMC.
My dad’s Tundra was built in Indiana My Camaro was built in Quebec
Those companies will just bribe him into writing in an exemption for them.
Grift >>>>> Governance
Toyota and Honda(Ohio, baby)
Just got set up.
I hope they both roll strikes because I love em both.
* does not apply to Chinese made MAGA hats
Literally. He also exempted his own daughter's clothing company last time.
I am prepared for prices in general to rise. I am also prepared to explain why to every dipshit Trumper I see in my vicinity.
If I owned a store, I'd itemize the Trump Tariff on every receipt, and a total for how much extra you paid because of him.
I love this
Edit: I also think taxes should be itemized on US paystubs, like is done in many civilized nations.
One reason so many in the US hate taxes automatically is because it is a black hole into which we have no insights (on paystubs).
Your paystub (in the US) should state how exactly much is going to Medicare, unemployment, social security, disability, and general state and federal income for various programs (highway repair, workforce development, etc depending how your state uses income tax). If this is not on each of your paystubs, speak to your payroll department.
What do you mean by itemized taxes? I can already see where taxes are going on my paystub: health, dental, vision, federal tax, state tax, Medicare, and social security. I can also see how much is going to 401k.
More itemized than that? I wouldn't really want to see where the federal and state taxes are being used simply because I think that would be way too many items.
how do you know how much you're supposed to be taking home?
You get a gross and net pay. The net pay shows how much you take home. But the taxes are taken out as big generalistic chunks, like Federal and State. You don't get further itemization.
Trump did that stickers on all the electronic prices at best buy.
There will be lots of places to put the new Trump "I did that" stickers.
I kinda want to do this just to get some petty revenge on the fuckers that plastered gas pumps with Biden stickers (which they then had to remove when gas fell back down to normal prices eventually lol)
Cool cool cool, looks like it's trade war time. Surely this'll be to the benefit of anyone.
And right after deporting all the farmers, too! Trump speed runs America's first famine since the great depression.
Who knew the Great in MAGA was the Great Depression all this time.
I mean Americans are more depressed than ever before. Make them great and that's bound to happen.
Roma's $1.25/lb + trump = $1.56/lb Cucumbers .85/ea + trump = $1.06/ea Avocado .99/ea + trump = $1.24/ea Asparagus 2.99/lb + trump = $3.73/lb
And that's at an affordable supermarket. Add 10-15% more for places like walmart, albertsons, kroger, etc.
Don't forget to add an extra 25% for all the companies using the tariffs as excuses to raise prices further to extract profit.
They did it with covid, they'll do it again now.
Time to get a shit ton of stickers with smug Trump saying "I did this!".
It is weird - now that donvict has "won", his stupid base now thinks the economy is great. And donvict has not even slithered his way into power yet. I bet more than a few of his brainstems think that the price of eggs are now "great" again.
These same idiots are going to have to find someone not themselves, not conservatives and definitely not donvict when all his stupid policies come home to roost and start eating their faces...donflation will be a very, very real thing quite soon, it seems.
You know what? I believe him
I'm half pleased.
I was pissed when he won, mad that this madman and his regime was in control of America.
Now I don't think they have the capacity to control anything, and they have more of a shot at destabilizing modern society than ruling it.
They should keep building the tower of shit higher. It's a great building material.
Are you going to add to them if someone arrests Netanyahu?
Emperor of stupid.
He said he would impose the tariffs if he can't hammer out a deal on illegal immigration and drug smuggling. In other words he's leaving a way out
In his last presidency he blocked Canadian aluminium to force companies to buy from China
Don’t expect a way out
Yoy are probably right. It looks more like this is a pretext to cause a recession in Canada which would doom the already flailing Trudeau presidency. Even if Canada adopted the kind of border policy the Trump wanted, that still wouldn't stop illegals or drugs.
Trudeau is Prime Minister not President and he's already wildly unpopular so he's going to lose no matter what.
There's no way out. USA is responsible for their own borders. Canada as a matter of fact has reciprocal agreements with USA law enforcement organizations.
What a windbag! I wonder why I was so reluctant to have Canada enter into a free trade agreement with the US because eventually Darth Vader gets into power. With our current trade agreements, you can't unilaterally impose tariffs without implications. Bilateral trade between Canada and the US survived the first Rump presidency and it will outlive him.
This is going to really throw a fucking bomb on the WTO. Like complete collapse of international trade adjudication and just viscous multilateral trade wars. US will have neither imports or exports. The farmers are going to be pissed when their market collapses due to retaliatory tariffs.
Last time this happened, they were thrilled to take it to the chin since it meant ‘helping Trump’. I foresee them cheering this on too, even as they fall into poverty and have to sell the farm.
So I was thinking about the way he worded this, 25% tariff until the border crossings stop. I think he might be onto a 4D chess move here.
If he tanks the US economy so badly that it's financially detrimental to cross the border then the flow of people across the border will definitely come down. If he tanks the economy hard enough we may even see the flow reverse, at which point he can lift the tariffs and declare the job done.
He is already happy to make Americans ignorant, illiterate, and spiteful to outsiders; is he really going to baulk at making them dirt poor as well?
Many flee Mexico to escape the violence and gangs too, do t forget. Yes the economy is a big part of immigration, but safety is right up there
Dumbass.