Trump promises specific tariffs on China, Canada and Mexico

[TheCount]

President-elect Donald Trump said on Monday he will issue executive orders imposing new tariffs on all imported goods from China, Mexico and Canada, the nation’s three largest trading partners, as one of his first acts on Inauguration Day.

Trump said the tariffs of 25 percent on Mexican and Canadian goods, and 10 percent on Chinese merchandise would be aimed at halting an “invasion” of drugs and migrants into the United States.

“This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country! Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem. We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price!” Trump wrote in a post on Truth Social, his social media site.

https://www.washingtonpost.com/business/2024/11/25/trump-tariffs-china-mexico-canada-percent/

 

[TheCount]

I presume that there will be an equivalent reduction in income tax to match these new tariffs.

 

[Swordsmyth]

Looks like the USMCA is going bye bye.

 

[TheTexan]

Looks like the USMCA is going bye bye.

Good

 

[PAF]

Good

I don't like Harley Davidson anyway, it's Indian all the way

I'm sure the laid off HD workers here in 'Merika won't be happy.

 

[TheTexan]

I don't like Harley Davidson anyway, it's Indian all the way

I'm sure the laid off HD workers here in 'Merika won't be happy.

Or they can start manufacturing in America for real, instead of their "Assembled in America" bullshit.

Either way, fuck HD they suck

 

[WarriorLiberty]

I don't like Harley Davidson anyway, it's Indian all the way

I'm sure the laid off HD workers here in 'Merika won't be happy.

Does Trump know this sanction wont hurt China?

 

[Matt Collins]

https://www.youtube.com/watch?v=n5984rGLlMQ









https://www.youtube.com/watch?v=nueGU2Yms-Y

 

[Matt Collins]

https://www.youtube.com/watch?v=GBjD1reT1SU








https://www.youtube.com/watch?v=E0eBBHYvCwA

 

[Matt Collins]

https://www.youtube.com/watch?v=DMuvPLVy0s4

 

[PAF]

https://www.youtube.com/watch?v=DMuvPLVy0s4

Yes I agree, pull Foreign Aid instead.

When Trudeau agrees with Trump you know something is amuck.


Our History of Protectionist Tariff Train Wrecks ~ Mises.org

 

[unknown]

 

[unknown]

Didn't HD get a $16 Billion "loan" from the Private Noreserves in 2008?