Trump Vowing Tariff's On Canada, Mexico & China 'Hugely Significant'

[@russcontact]

Look at the geniuses on here who STILL think we don’t pay the tariff. We’re cooked.

[@valetudo1569]

Michael Pettis has written books about this. He said the reason the trade deficits (like the US) go down when tariffs are used isn't so much because people buy less things from other countries - its because real incomes go down and so people have less money to buy things in general...thus indirectly resulting in less imports, but for the wrong reasons

[@MissEAG]

Now it’s clear why Musk shut down the huge auto factory in Monterey Mexico… he must have gotten this info ahead of time.

[@guillersl9510]

Unlikely he’ll put 25% tariffs on Mexico with the risk of tanking the economy of his republican electoral fortress of Texas.

[@marlonious7650]

Musk was in court. He needed to Trump to win so he wouldn't have to pay a fine. Trump won. The rest is history.

[@Joey-ct8bm]

He has a gigafactory in China. The guy can't even make a battery without China.

[@hermesliteratus882]

Tesla is an EV made in China with Chinese batteries and technologies.

[@ninod1502]

The FOIA dataset contains individual records regarding each person encountered by officials at US ports of entry from whom fentanyl was seized. Figure 1 shows the citizenship of individuals arrested with fentanyl from fiscal year (FY) 2019 to 2024, as of June. Overall, the dataset reveals that out of 9,473 individuals associated with a fentanyl seizure, 7,598 were US citizens (80.2 percent).

[@christianlarpin3182]

Swallow what you voted for !🤣🤣🤣

[@absolootely2571]

Mexico needs to join BRICS.

[@prancer1803]

Yup

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@williamlloyd3769]

My daughters will hate paying more for their clothing! My wife will hate paying more for her iPhone! I will hate paying more for my next family car! PS - what’s not to love about throwing Canada and Mexico under the bus! America voted for drama and drama we will get.

[@alileevil]

Buy second hand.

[@nathanial-f2c]

You have a child's understanding. How about you leave it to those who don't and continue coping in the meantime 🤣

[@danielb7253]

MAGA. USA first I care less about pricing over national security. We first

[@ChrystianBourassa]

NOOOO, Trump said everything would cost less lolllllllllllll.. Trump is about the become the most hated President in US history.

[@bhaviksagar11]

@ with increase in tariff, he will replace with less tax to do business in US.. yes, initially , inflation will increase but eventually it will be fine.. every country thinks about their people and jobs... why US shouldn't do that

[@smash_27]

this will definitely make America great again

[@jcsieger9648]

?????

[@Nic-f5w]

How? To wear a red hat does not make america great again. Tariffis will NOT be good for you with the red hat on your head. Just wait and see.

[@marylou4324]

@@jcsieger9648 I think it's sarcasm.

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@Aloneagainofcourse]

Trades wars have always been a disaster throughout history.

[@renerodriguez2134]

Twenty thousands eighteen wheelers cross the border true Texas and California. ( forty thousands per week.😮

[@stacyboudreau123]

That's when Canada should charge America 3 times the amount per barrell of crude oil. Afterall, America relies on my country for it.

[@Glenna10]

Not when Trump gets into office. Those days are over.

[@stacyboudreau123]

@@Glenna10 If you say so brainwashed princess. Americans NEED Canada for oil. That's a FACT!

[@stacyboudreau123]

@@Glenna10 If you say so brainwashed princess. Americans NEED Canada for oil. That's a FACT!

[@stacyboudreau123]

@@Glenna10 It a FACT. America NEEDS Canada for crude oil. Do some research. Silly rabbit, lol.

[@Joey-ct8bm]

@@Glenna10 How? Biden already pumped more oil than Trump and the US needs to double production to be selfsufficiënt. Never gonna happen.

[@apothe6]

Trumpers are gonna learn what inflation really looks like

[@estebanvaldez3632]

Trumpers can't learn.

[@mujomujo3567]

​@@estebanvaldez3632inflation was as high as 8% under Biden

[@zuriyel5368]

Trump will just say that it's the aftereffects on Biden's administration and his followers will eat it up.

[@TheItalianTrash]

Like socialism, blanket tariffs sound good on paper, but almost always fail in execution.

[@estebanvaldez3632]

Karl Marx wrote that the main requirement for a Communist society is the fall of capitalism.

[@hudiexingtai]

The US will soon be begging Canada for hydroelectric power for the AI industries, water for drought ridden states and mineral resources for American manufacturers.

[@godzillamothra5983]

whether trump can have his cake and eat it too, depend on what the rest of the world are willing to bake the cake for him or not

[@joseaguilar6239]

Let's just see how that plays out 😂😂😂😂

[@nulnoh219]

Exactly. Make all those parts in the USA. That's the whole point.

[@southernvikes81]

It’s the same talking point that tariffs will increase inflation. These same companies didn’t divest from China since 2018. They should have seen the warning. There will always be short-term pain with inflation for long-term gain with companies near or re-shoring their manufacturing bases. Then the prices will drop again. Most of the products from China are low end technology that can be easily replicated in other developing countries. The US must realize that depending on a Communist country like China had a terrible outcome like during COVID. Their ideology is completely different from us with a plan to subvert and replace the US as a super power. As of now, they are still economically and militarily weaker than the US. However with the rate of them stealing our technology, favorable trading status, and the the Democrat hard leaning towards socialism/borderline Communism, it won’t be long that they will catch up and surpass us. Just remember, the US has a trade deficit with nearly every country and over $500 billion just with China. What do we have to lose? This is why no country dares to retaliate. They won’t bite the hand that feeds them.

[@justinaldrich1719]

So lets put a 200% tarrif on wood, oil, natrual gas. and lets divert the water from the falls trust me it can be done

[@renerodriguez2134]

🇺🇸 USA should have so many jobs opening. Unfortunately the American people will not want to do this jobs😮 Oops

[@ajeto2]

Remember North and South Americas is 1/4 global GDP and rest is in Asia, Africa, Europe Oceania

[@peterweber4094]

He is not a negotiator, he is a bully, scammer and fool! To correct interviewer!

[@robhappe2705]

If you close the Mexico border drugs and migrants go to the Canadian border haha not that difficult huh!

[@estebanvaldez3632]

Xenophobia refers to the fear, hatred, or prejudice against strangers or people perceived as foreign or different from one’s community or culture.

[@robhappe2705]

@ if I travel to countries I need a visa and its expected that I comply to rules and regulations. Apart from conducting criminal activities!

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@urbestboy]

Very soon he will be having problem on vietnam and India human rights issues.. Germany france nato fee issue…..and put a tarriff on everything from those countries

[@colinhead8118]

What do you mean by "Nato Fee"? Do you think that Nato has a money pool that members need to put a specific amount of money into?.

[@maneshipocrates2264]

The European Union will eat him alive. The EU will wedge that big tariff stick and trumpf cannot compete.

[@stellarscrubj]

"Tarrif's"? Really? Never mind; it's not the official Bloomberg site.

[@元秦武都]

Only additional 10% on China would bring cash into Chinese ATR.

[@BarunKumar-v6t]

Liberals have started crying even before Trump has taken seat 😂

[@dolphintruth5278]

good luck to Americans

[@murrayeldred3563]

TRAMPTRUMPMUSK= GRIFTERS.😮

[@791isaiah]

In Canada border there are report of 15,000 a day Indian nationals trying to get in the USA and this people are saying is only Mexico border

[@markapplejohn4376]

Typical MAGA lie that leads to hysteria and hate... just the way Trump likes it!

[@jcsieger9648]

Fake news

[@michaelmurphy7177]

Okay, trinkets will cost us more, food may go down in price. Answer: buy less trinkets.

[@wannabegolfin24-72]

How is the economy strengthened if we aren't buying anything? How's that good for business?

[@aidenfisher5679]

Food will not go down. Avocado & other produce comes from mexico

[@estebanvaldez3632]

Buy less red hats and golden sneakers.

[@rockinmama007]

Good

[@danielb7253]

Reserve stimulus is not a structural reform which they need Ccp will fall

[@joseaguilar6239]

What happens to NAFTA? I'm guessing that goes out the window.

[@blork123]

NAFTA doesn't exist. Trump negotiated a new trade agreement in 2020 called USMCA, and is renegging on it.

[@tlhamp0]

if i was Canada,Mexico and China instead of playing trumps game i would look for different trading partners or the U.S. competition and it will increase fuel prices since the U.S. imports 60 percent of it imported oil from Canada which means we can not produce enough we need to get off oil. over 50 of the oil use in the U.S. comes from imports

[@rosemorin81]

💯

[@nyarkosarafina2389]

But that’s not the only deals Canada had with the U.S right. They all benefit from the the U.S market and they’re not gonna do that

[@bhaviksagar11]

Canada is not only one supplying oil...Saudi and middle east are trump friends. also US will relax oil production regulations..

[@tlhamp0]

@@nyarkosarafina2389 everybody has competition and most of what the U.S. exports to Canada can be pick up by the Chinese, Japan or Korea as for imports we pay the tariff not china, Canada or Mexico

[@nyarkosarafina2389]

@ Now tell me how much Canada and Mexico both makes from the USA and tell me if they are willing to sacrifice that knowing the Chinese market isn’t going to buy their products nearly as the US would.

[@theTimHernandez]

the hysteria is hilarious

[@JanakaNY]

Turmo သတင်းတွေမှာ ဘက်မလိုက်တမ်း ပံ့ပိုးမူစက်မှန်တဲ့မရာ သားကလိုချင် ကြားချင်တယ်

[@ChrisRivetts]

Good for Trump

[@tlhamp0]

what so good about it paying more for everything at the store not being feed and clothe your family with tariffs you pay more and buy less bad for us

[@alileevil]

Trump is living in the 1950s when America had a monopoly on global trade. Given the strong dollar and the high wages, no manufacturing will shift to the USA. Even if it does, there will be no workers. But I believe this is a plan to encourage more automation in the country. Companies faced with high wages, will be more incentivized to invest in automation as it will become cheaper in the long run. So in the end, the corporations will benefit, and the average American will get to sit at home with a Universal basic income.

[@estebanvaldez3632]

​@@alileevil Buy, obey, consume, watch TV, follow orders, deny reality, turn in your neighbor, do social media, do not question authority, inform, marry, and reproduce.

[@zuriyel5368]

Good for Trump, not good for the average American.

[@urbinverbiest9222]

All this woman knows about business is what she read in books. No clue about running a real business.

[@jmende077]

Bunch of cry baby’s 😂. America first!

[@stacyboudreau123]

Sad you don't know the correct spelling of the word babies 😂.

[@danielvilliers612]

@@stacyboudreau123 I am sure he is going to pick the veggies in the field. lol

[@stacyboudreau123]

@@danielvilliers612 Yep lol

[@estebanvaldez3632]

What are you whining about? You got your permission to be a racist. Run with it.

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@jjsep60]

Guess what? American companies are paying for the tarifs NOT Mexican or Canadian companies. i.e. An American company imports $100 from a country with 25% tarifs, that American company needs to pay the American Government 25% import duties or $25. American company passes the tariff to the consumers. The consumers are worth off!! That is how tariffs work, are you happy now?

[@jishan-thelonewandererZ]

Brandon asked if you just fell from the coconut tree??? I said you have a PHD in BS in gender study.

[@als8627]

yes that is good, so the consumer buys less and then the exporters cant export more and there is no deficit. Not sure if you know But China is exporting LESS, and it hurt. Come have a look here, then US companies are forced to diversify more or come back to usa

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@kennySg101]

Let it happen. Remember tarriff is good for American esp those who voted for him.

[@angelominghelli6129]

Give me a break!! He understand tariff better than you may think

[@Glenna10]

EXACTLY

[@aidenfisher5679]

Wrong. Trump had to bail out farmers last time he slapped tariffs on Chinese produce

[@estebanvaldez3632]

You forgot to grunt.

[@zuriyel5368]

LOL Last time he tried to do a trade war with China, he had to spend $61 billion to bailout the American farmers affected by it.

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@danielb7253]

Close the borders. Stop Chiba from circumventing USA tariffs

[@estebanvaldez3632]

I make $200 a day from white people at supermarket intersections by holding a sign saying, "Send me back to Mexico."

[@Mexaxhingon]

End of 2022, data indicates the operation of around 5,000Chinese-owned companies in the USA spanning diverse industries such as technology, manufacturing, finance, and real estate.Dec 22, 2023 Some auto brands in the U.S. are owned by Chinese companies, including Lotus, Volvo, and Karma Some American companies import vehicles from China to sell in the U.S., including GM's Buick Envision and Ford's Lincoln Nautiluus

[@jishan-thelonewandererZ]

Karen Doe figured out the holy grail of Tariffs, can Ms. Karen explain why is a paid lobbyist for Mehico ???

[@benjaminhernandez9206]

This is good for usa

[@estebanvaldez3632]

Look up "Malinchista." There you are.

[@Xcelcior6780]

Do Nothing Win🇨🇳

[@estebanvaldez3632]

Red hats and golden sneakers can't replace hard hats and work boots.

[@zuriyel5368]

@@estebanvaldez3632 Not something Americans would know about. A supermajority of American adults don't even pursue higher education and a majority of American adults' literacy is at the level of children.