U.S. President Donald Trump signed an order Saturday that places 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China, the White House said.
U.S. President Donald Trump signed an order Saturday that places 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China, the White House said.
Everything except energy apparently?
Yeah good luck with that though. We’re going to retaliate with our own energy tarrifs
No, oil is 10%.
Right, I should have been clearer what energy means. Crude oil.
Go figure, he wants Americans to continue driving gas guzzlers and not see the price of gas go up in the states.
Americans also unaware that this means they will be paying more for imported goods.
Americans will be paying more for everything. Domestic suppliers have free reign to raise prices to match.
Yup, that’s the point of tariffs. Nationalism. It’s just a very stupid stance when our economy has been propped up by bullshit for decades. I can’t help but think of the little British girl from the resident evil movie. “You are all going to die down here” thanks little girl, I know, didn’t need to hear you say it.
Many of us are well aware it’ll raise the cost of goods, and not just imports. Any domestic competitors that don’t raise priced by say, 20% and 7%, is leaving money on the table and will get sued by their share holders.
I’m not saying I like that fact, but it just is.
How many consumer goods are even made in the US besides food? I know we do make some things, but 90% of the stuff at Walmart is imported crap.
I use Walmart as the example since that’s where most of the GOP voter base lives and breathes.
I fully support Canada embargoing oil. Won’t happen because Alberta is a Trumpy little traitor and will make a tantrum.
Our flatlanders are allied with the cruel conservative Americans. They’re not gonna cut off oil because it would hurt their friend; and also they’re so fat on that teat they have no plan-b.
I’d be supportive of Canada as a whole doing the right thing. Those pipelines need to be severed.