Fmr Reagan economist makes big prediction on Trump’s 25% tariff on Mexico, Canada

[@rrmuf]

Canada’s focus on the USA border so far is finding more crap coming INTO Canada from the US than the other way around! 🇨🇦🇨🇦

[@TPHanky]

Canadians are beginning to pass up buying made in USA goods.

[@joecity9]

@@TPHanky Pick and choose. To it's everlasting shame 'Molson' donated to Trump's little project.

[@xcalibur1986]

​@@TPHankyno we are not and that's laughable.

[@claudiocorleone7856]

@@TPHankyoh sure that will do it! Admit it our politicians have been asleep past 2 decades.

[@tommarshall256]

If you go by the US governments own numbers. Canada is responsible for 0.2% of fentanyl and 1.2% of the migrant issues. It's a pretense to cover for the blatant, predatory protectionist bull that every newly elected US president has done for decades. Canada needs to move on to trade with the rest of the world as it already should have been doing.

[@steverogers5956]

23% of US refinery feedstock comes from Canada, and most of those refineries can't just switch to US product; they aren't built to use that kind of oil. So sure, let's put a 25% tariff on Canadian oil, and pass the cost on to the consumer. Then we can see what a tariff on Canadian timber does to construction costs...

[@mriccardi825]

I am still hopeful they will come to the table and agree to step up their game on the respective borders so these things don't land. I know both countries have made progress so we shall see.

[@steverogers5956]

@@mriccardi825 the US needs to sober up and understand that these problems are made in the USA and are creating a burden for other countries. We are the ones who need to step up our game.

[@FlashForward76]

​@@mriccardi825Canada already has. But let's be honest, what should a country be in charge of? Who they let in or who they let out. Why should Canada be worried about who is going into the States.

[@HooligansCanada]

​@@mriccardi825why is Trump trying to outsource border security? Every nation is responsible for it's own borders. Less than 1% of illegal border crossings originate in Canada. These tariffs on Canada are a bonehead move that will only increase the cost of living.

[@AJ-or5om]

You can also point out that the US imports 8 million barrel of oil per day, 50% of that amount comes from Canada alone, and they are sold to the US at a 17% discount price. Sounds like canada is the one subsidizing the US to me 😅

[@kevinellison8289]

His remarks on tariffs is very short-sighted. They have no idea how pissed off Canadians are. These threats from America on Canada are going to have lasting economic ramifications on America. For instance even if we sold our oil to Americans at world market price, you will see a dollar per gallon increase at the pump. Who is subsidizing who in this trading relationship?

[@The.Mad.Catter]

China is rubbing their hands in anticipation. Closer ties to China ( if China becomes the new buyer for Canada and MX) with USA closest neighbors It will increase the security risk

[@carmine6871]

@@The.Mad.Catter There's a lot of people that want to be friends with Canada. Playing tough won't work, America learned that over a 100 years ago that building strong mutually beneficial relationships is the way to prosperity. Trump is underestimating his hand here and unfortunately regular day to day Americans as well as Canadians will pay a price. The difference is Canada long term will be better off but America will not only lose a trading partner that it wins with but will lose the ability to cooperate on new projects in a very promising area.

[@xcalibur1986]

​@@The.Mad.Catter China already is here...

[@xcalibur1986]

​@@carmine6871no no he's not. You are 100 %. Oil and LNG, how does Canada get it overseas? Do we teleport it there? There's a reason europ and others hardly buy from Canada....they don't need most of our products besides LNG and yet the Canadian government have went out of their way to not allow Canadian industry to expand.

[@carmine6871]

@ We can ship by rail, we have existing pipelines and can build more. Canada has Grain, potash and a lot of other products that Europe, Japan and china need. You are only right on the fact that Canada has blocked sales of a lot of things to these countries, you are wrong in thinking they don't want it. We've just structured our supply chains to feed the US. That can easily change. Short term we lose long term we can win if we restructure. The real fact is the Americans will still buy a majority of our stuff because they really do need it. They've been having this argument way before Trump took office and always back down. They duty our lumber and still buy it... Our manufacturing will get decimated and there should be a plan on how to fix that. Canada is a large market for heavy machinery and we should manufacture more of that here. Plus, if trump will tariff everyone why would manufactures make stuff there? take advantage of another countries trade relationships and make it cheaper.

[@sandrarandall9309]

Canada has to go to him ,as we do not allow convicted felons and rapists in our country.More drugs are sent to canada via USA and lets not forget about guns.

[@CommanderPipesMcGee]

Exactly. Canada should impose 40% tariffs for all the illegal guns that come into the country and are used in crime in our big cities. Trump wants to blame us for fentanyl and reign it in? Gladly, once you force all US gun owners to register and be responsible for their guns, and be held liable if their gun ends up being used in a violent crime in Canada. Sounds fair right?

[@donniepachal75]

And immigrants too running from him

[@protorhinocerator142]

So... you're saying law abiding citizens are bringing American drugs into Canada?

[@steverogers5956]

The US does absolutely nothing to stop US employers from hiring undocumented migrants. US employers are eager to hire them and willing to offer them work at higher wages than they could get in their own countries. So of course they come, as you'd expect. Then we demand that Canada and Mexico stop them. This makes no sense at all. Demand drives supply, not the other way round. If you want to stip illegal immigration the first and most important step is a meaningful crackdown on the people hiring them. Or we could just wake up and realize that out immigration laws are obsolete and need to change.

[@kerwinbrown4180]

The U.S.A doesn't ignorant fools into our country so please stay put or learn to humble yourself and do research. Why do you elect Nazis to office?

[@jimclarence5441]

To impose 25% tariff for the BS reason of border security just a "illegal" reason to veto the trade current trade agreements. Very little illegal activity goes from Canada to the USA...compared to the illegal gun running that goes from US to Canada. 80% of illegal drugs coming into the US from Mexico is brought in by Americans. Maybe the USA should secure its own borders. It is very, very difficult for a Mexican to own guns. But the USA arms manufactures provides the cartels with weapons through illegal border crossing into Mexico, which is kinda Mexico's problem.

[@relaxgood5214]

If 25% tariffs are imposed on Canada and Mexico, Canada USA and Mexico will experience higher prices and higher unemployment. Canada and Mexico will retaliate in kind.

[@daniellai7712]

but he is also putting tariffs on EU and China

[@xcalibur1986]

I don't think you realize the difference in size of economies. My country, Canada economy is 6% of the size of the US. Also as we have seen previously, the Chinese tariffs were charged to the exporter as they had to drop the price of their goods.

[@wendigo53]

To clarify: Trump is applying tariffs (taxes) on American purchasers of goods coming from Canada and Mexico. The taxes are paid by Americans. Prices don't go up for Canadians.

[@xcalibur1986]

@wendigo53 stay off the news. This isn't correct. It'll cost the Canadian exporters to lower their prices for their goods to make up for the tariffs. The point of sale will not go up 25%.

[@relaxgood5214]

@@xcalibur1986 Pure Fantasy

[@Loucfr]

It’s gonna drive up inflation. Literally every reputable economist has said this. Companies ARE NOT gonna come back. They cannot do so and still compete at the same price point. They won’t eat at least 3x higher wages and stricter safety regulations. So unless y’all want Americans to work for below poverty wages IT WILL NEVER HAPPEN. Also, these countries don’t pay the tariffs so they won’t give two shits. The company doing the importing will be paying the tariffs and they don’t care either because they just pass it on to us AS A TAX. Are there no longer any sane republican brains left? Did Trump scare them all away?? We’re absolutely screwed. Trumps gonna give corporations another massive tax break and absolutely tank the deficit, for a second time, and we will be stuck with paying for it. Y’all are in for a rude awakening.

[@toedrag-release]

I'm conservative (and canadian) and I find it baffling when hearing american conservatives complain about higher taxes on the 1% rightfully so understanding that that tax will just be passed down to the consumer with higher prices but they dont seem to understand that tarriffs just do the same thing. Both sides are going to suffer, we saw this with trumps last tarriffs which werent as aggressive which is why he walked it back, the prices increased, domestic manufacturing increased slightly but so did sales. Nobody benefited substantially.

[@drillbabydrill25-d6p]

your missing several key points. Tariff alone would cause higher prices. But Trump will aggressively drill for oil which will lower prices. Trump has also mentioned tax cut. The tariff will only work for Americans if they are combined with lower energy prices and lower taxes.

[@toedrag-release]

@drillbabydrill25-d6p which will still increase prices. Companies already look for the cheapest option. You may increase domestic production but that also means you pay more for it still. We saw this with the previous steel tarriffs. Yes domestic american steel manufacturing increased (a bit) but then the price did too and sales went down which is why trump walked those tarrifs back. Then he reinstated them because it was unpopular with his voter base.

[@xerophobic]

@@drillbabydrill25-d6p you cant "drill" for the majority of products the US imports from Canada and for the love of god can someone please explain to Americans where a huge quantity of the TYPE of the oil they refine comes from. Heres a hint, it isnt the type you produce! Call your local metal supplier and price out a sheet of aluminum, then call a supplier in Canada and ask for the same, might shock you the difference, and thats thanks to the tariffs still in place from the last time you pulled this stunt. It was how many years ago, surely US production of aluminum has " come back" by now right???............ smh

[@ChrisSauer-oe5ve]

@@toedrag-releaseSo wrong, you’re! Obviously you don’t know how goods are transported 🙄

[@dwightsorensen7313]

Bring it on…..Canada will not be bullied by Americans.

[@dmannewfie]

you dont get it like the rest who say the same thing.

[@mriccardi825]

@@dmannewfie Lots of people don't seem to be getting it. They are way too focused on pride over sensibility.

[@FlashForward76]

​@@mriccardi825Who is focused on pride? Canada? Nope. The notion of American exceptionalism and Trump's ego is the focus, and that will hurt Americans.

[@bobcatch102]

You better hope US doesn't force Canada into anything because we can't defend ourselves

[@xcalibur1986]

​@@dmannewfienot all Canadians are as dumb as the first commentary.

[@Nazimihsan]

Qarddin Token has two of the largest Tesla shareholders already; most likely something is coming

[@McGriff99]

You have been saying that forever.

[@mattdavis6257]

I love the comments on here. They usually belong to people who ONLY FINISH HIGH SCHOOL AND HAVE NEVER TRAVEL OUTSIDE THE USA! OR STATE!!

[@texasskyliner704]

You write like you never finished high school, either. LOL!

[@markhughes7273]

What ever you say Professor Sh*tgrass !

[@protorhinocerator142]

In 4th grade they taught us how to unlock the caps key.

[@wendigo53]

Is that Matthew Davis in Fredericton?

[@pfitclub]

Downsize the IRS.

[@NR-nf1il]

I think it's coming

[@FarmToMarketRoad]

@@pfitclub Downsize Trump. Call him Shrump!

[@Positiveenergy68]

@@FarmToMarketRoad

[@seandriscoll1290]

@@FarmToMarketRoad load up on those meds, 4 yrs is going to be an eternity for you.

[@kennance115]

investigate the bastards

[@charlesmclaughlin3578]

How about we turn off the electricity to 1.5 million homes

[@xcalibur1986]

So you are in favor of causing mass revenue loss and unemployment for Canadians? Is this what you are advocating for?

[@charlesmclaughlin3578]

@ Just for a bit…a wake up call

[@bobbyscalchi4013]

That power grid flow works two ways don't forget the Niagara falls generation plant on the Canadian side that provides the US power. Just in case anyone has forgotten about the 2003 blackout on the entire northeastern and Southeastern seaboard of the US

[@LUXINUMBRA]

The cost of living is ridiculous. $200 for barely any groceries is deflating

[@FosterTravis1071]

It's just about to triple under Trump. The reckless spending is going to be wild.

[@bara7331]

@@FosterTravis1071 🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡

[@Positiveenergy68]

@@FosterTravis1071 Really? We just saved $11 billion a year just by pulling out of the Paris accords.

[@user-cp2jh4yr4q]

trump printed $14 TRILLION adding 33% more to circulation this caused the value of the dollar to drop why do you think the world wants nothing to do with our currency

[@seandriscoll1290]

@@FosterTravis1071 it’s been 8 yrs since Trump entered your empty mind. Another 4 yrs is gong to so fun to watch. Go pound sand with the rest of the Dem cult.

[@Mrskateboardboy]

It was tariffs that contributed to the great depression of the 1930's. I hope Trump sees them as a bargaining tool and no more. If he levies tariffs on another country, they can be expected to reciprocate. Trump has the bigger club, but it must shrink the market for American producers too.

[@MrnMrsHaney]

Make America Great Britain Again.

[@texasskyliner704]

I think we'll pass on that

[@protorhinocerator142]

The UK is much worse off than the USA. Trump can fix America's problems. I dunno if the UK's problems can be fixed.

[@dixonpinfold2582]

​@@texasskyliner704 I think they meant that Trump may commit heedless blunders leading to a painful period of economic decline, currency devaluation and falling living standards, perhaps triggered by a Suez Moment. (Britain's, in 1956, soon resulted in all those things, plus vastly lower global influence.)

[@texasskyliner704]

@ Yes, and I think we'll still pass on it.

[@guigram1124]

*Tariff on American customers, not on Canada and Mexico. Good luck keeping inflation low.

[@donwarrington4916]

..And what do you think a company like General Motors is going to do when the cars they produce in Canada and Mexico are priced out of the market and people quit buying them ?

[@eljefe62]

You clearly do not understand the long game here. Good luck being so short sighted.

[@BrandanEH]

@@donwarrington4916they’re going to pass on that cost to the consumer

[@guigram1124]

@@eljefe62 what's the long game? The promise of manufacturing jobs that will never happen?

[@hanshansen3885]

@@donwarrington4916 So you think people are just going to stop buying cars? No, people will still buy cars and complain about how much they cost now. BTW 60% of US imports of oil comes from Canada. That will also be hit by the 25% tariff. Will people be happy about higher diesel and gasoline prices? Maybe Trump will just blame Biden for it.

[@stickbrick8219]

Tariffs will make prices higher for Americans and add to inflation- Canada and the USA have a free trade agreement called USMC negotiated in 2018 by…………Trump. Is he going to break his own contract?

[@peterm4475]

Of course he will. He is not a man of honor.

[@svencejohanson9051]

The USMC has nothing to do with tarrifs - it is a procedural agreement - making the process more efficient. All process should be efficient.

[@icestationzebra8636]

The Canadians and Mexicans are, do all our treaties have to be a one way street?

[@Canadianstoner21]

@@svencejohanson9051 Lmao Tariffs are the destruction of the USMCA and they have everything to do with it.

[@mightyoaks9331]

@@svencejohanson9051 It is an agreement that defines tariff free movement of goods and services between the two countries.

[@sash7551]

Some Americans think they are the Centre of the universe

[@luisvilla799]

At this point in time we are so we might as well bask in the light

[@donniebahama]

so do some Torontonians

[@jeffl7457]

I don't see thousands of people trying to get into Canada.

[@ELGF_CKJ]

We are the centre of the universe. We are undisputed the greatest country in the history of the world

[@Rdwebb2018]

Because we always take care of the “bill”. We have the $$$

[@bowriver1]

If you think it's expensive now wait until the tariffs kick in.

[@ChrisSauer-oe5ve]

Willing to bet?

[@bowriver1]

@@ChrisSauer-oe5ve yup lmao just wait

[@crisantechris]

@@bowriver1Please explain.

[@McGriff99]

@@ChrisSauer-oe5ve How logically, mathematically can prices not go up? Because Trump says so? Explain it to us with math not Trump's rhetoric.

[@BasePuma4007]

People are about to learn just how much oil Canada exports to the US.

[@gn3441]

We are allies no more.

[@Gabby-c4x]

Do you feel smart, Bonzo?? 😵‍💫

[@Twexyl]

The USA is more of a threat to Canada than China is.

[@Tonyyy1991]

As soon as I heard Reagan economist I laughed.

[@MARCELGrice]

Should have hedged this election on Qarddin Token 😂😂

[@TaliaHammons]

Musk's Qarddin Token announcement is coming soon. Easyest money if you get in on the ICO

[@LeslieVonZuben]

Sounds like a scam.

[@daleehrisman9943]

The EO to get the US out of the Paris Accord should be passed into LAW so that it cannot be changed by another EO!!!!!!!

[@GoodCitizen-eh1id]

Only billionaires will survive slavery will be back in US . With change in tech and investment majority of ppl will have to compete with robots

[@scootertooter6874]

Right-- and do it ASAP while the GOP has both houses...

[@LapinDebogues]

And yes pass a law to keep temperature increases down. Put massive air conditioners in every city!!! When the US has drilled a lot of oil we should have plenty of electricity to power those big A/C’s. Also pass a law to keep all the illegals from swimming across the Niagara River to the US. They are swarming across. It’s an immigration emergency! Not many people know about that.

[@CommanderPipesMcGee]

They'll just repeal the law and then write a new executive order. Everything can be undone.

[@McGriff99]

@ Technically another Congress could reverse the law.

[@jasonmoser8957]

Canada and Mexico are not going to bend the knee. Tariffs are a consumption tax.

[@gordiesings]

I believe they will bend the knee, as you put it. They'll have to, especially Mexico and soon.

[@Ballistic-vn6em]

​@@gordiesingsNice joke

[@claucris8051]

They will bend not one knee, but both. Especially Canada.

[@etienneprinsloo6799]

@@claucris8051Thank you for a sober and sane comment.

[@jrs55555]

@@claucris8051Already underway are ways to ship all petroleum products to other countries. Shut down the pipelines to the south. Same with lumber.

[@jaredyoung5353]

Looking back 40 years it’s been a decline in standard of living, housing, child birth. Trickle down economics failed

[@jeddediajohnson9179]

It all started going down when we went off the gold standard.

[@Freyja123]

We're about to get out all back and more.

[@eddiegolf]

There is no trickle up economics. You don't get money from poor people. What you want is more taxation and handouts.

[@ClownTown15000]

The standard of living in 2025 is light years better than 40 years ago. Trickle down economics is a buzz word that means nothing and was created by the MSM. But thanks for commenting on something you know literally nothing about.

[@daneharris2242]

Well , expect more trickle down economics when the top 1% and top 5% of people get their tax cuts again 😂🤣 keep dreaming

[@bawhitham]

Where did this guy get his economics degree !?!

[@geoffworley5275]

Comes with the Happy Meal.

[@xcalibur1986]

Are you aware American companies and American tax is heavily invested in Canadian energy companies and without it they would hardly operate? We are talking 100s of billions a year. US already pays below market value for oil but it should be way lower. This is what people aren't understanding and this is why trump is saying Americans are being ripped off.

[@AllysonAkers]

$Qarddin put in everything and sell after launch

[@RobRochon]

I don't think Art Laffer added much if any insight into this narrative.

[@HooligansCanada]

Dude worked for Reagan, back in days of fax machines and 8-track players. Dinosaurs are cool, but I wouldn't take advice from one.

[@zkk1001]

External Revenue Service already exists: US Customs. Gotta love a Republican growing the govt..... AGAIN!!

[@matthewroy7867]

i find that term funny. it makes ppl believe that Canada and Mexico will pay money to the USA when its actually the American companies that have to pay the Tariffs.

[@NealMitchell-v2f]

Had to laugh when I saw Trump attending church. It did him no benefit whatsoever.

[@Twexyl]

If there really was a God, Trump would have burst into flames.

[@markman7]

Why do we need more manufacturing in the US when US employers such as myself can't find anyone to work now?

[@Admin-iv3hk]

Going to be harder once you close the doors and deport everyone.

[@sergechamberland7433]

Good luck to find more workers after Trump finish deporting millions of undocumented migrants...

[@edmcelhone4501]

we are paying a 40 cent tax on anything we buy from the us right now

[@matthewmay6850]

When the economic experts says maybe trump will take away tariffs on other countries if they cooperate? Tariffs don't work that way, that would take the tariffs away from Americans. Failing.

[@DONHammett]

Trump found a way to pump a coin like steroids... crazy that Qarddin is an ICO instead of directly..

[@McGriff99]

Well coin is a scam, Trump is supreme scammer. Match made in heaven.

[@ArrigoLombardi]

I had no idea a book like The Censored Guide to Wealth on Bovolorus even existed it’s like a hidden treasure

[@ProJoe-xb5ie]

I like the book The art of the deal by Donald j Trump that's the best book in the world history

[@davidbarlow372]

TRUMP..talks a lot of bs also

[@peterm4475]

Art Laffer is Mr. Trickledown, a theory that has been totally discredited over the past 45 years.

[@idiotproofdalek]

Trickledown economics is a figment of your imagination. It has never been proposed as a concept by any Republican. Its a name you’ve given to your facile understanding of how economics works.

[@FosterTravis1071]

Not a figment of imagination, to those people who've lived it, it's just as real and solid as the table top in your dining room. ​@idiotproofdalek

[@wd31981]

@@idiotproofdalekWhy do you idiots just live in your own bubble? Don’t study history, make up your own idea of what happened etc. my gosh you people are dumb.

[@peterm4475]

​@@idiotproofdalekAKA supply side economics. A major reason why the debt doubled under Reagan.

[@davidedepaiva7104]

We have a treaty already and Canada is a ally. What did we do wrong? He insults us. We fought wars for you.

[@robertjohnson-mt8pz]

You have tariffs on our products. We need to even the field.

[@ELGF_CKJ]

We went woke, that's what went wrong

[@ianlassitter2397]

How about Trudeau insulting Trump and MAGA BY NAME in parliament numerous times….official public business for the whole world to see. Trudeau has been anything but an ally. He has been and back biting sleazeball. Some friend Canada has been!

[@Lesley1-z2m]

It’s twinkle socks fault for not securing our border . I’m Canadian in Canada 🇨🇦

[@camillahunt3247]

I am sorry you feel like that. However, it's time to equal the playing field. You can't impose tariffs and not expect it to be returned

[@boboquinn1448]

We should turn off the electricity to the USA, see how many northern states would end up in the dark, but Canada has too much class for that.

[@wendigo53]

But we🍁 must start selling more stuff to China, we need trade partners.

[@dixonpinfold2582]

Energy & food imports from Canada & Mexico total ~$250bn a year. Look for the tariffs _on oil alone_ to add about 1% to consumer prices. Gasoline is ~4% of the CPI and will likely rise by 75¢ to $1/gallon, or 25-33%. Then there's autos, auto parts, lumber... Remember, tariffs are paid in the importing nation. Enjoy!

[@brentdallyn8459]

Your right, tariffs collected go right into Trumps general revenue account, Americans themselves get stiffed big time, in the same breath what if 40 million Canadians decide to leave billions in US made goods sitting unloved on shelves? I dont think the governor of Kentucky will like having $3.4 billion dollars worth booze sales erased in an instant , deliberately ignored by the biggest liqueur drinking country in the world

[@xcalibur1986]

That's only half true...tariffs cause the exporters to lower thier prices to make up for the tarifs as well.

[@sparkpiston]

@@xcalibur1986 And you think that exporters are going to lower their prices just because the US says so, it is the same story that they wanted to tell Russia, and I don't see Russia as bankrupt, I think you have a bad concept of the economy, the countries don't even have They must obey US executive orders, only US citizens must obey those orders, there is a world out there with its own laws, you know?

[@xcalibur1986]

@sparkpiston umm they have a chioce.. they can drop prices arw risk their products not getting sold and then get nothing for their goods. Nobody forces anyone to buy anything.

[@dixonpinfold2582]

@ I didn't say tariffs only harm the importing nation. I said tariffs are paid in the importing nation and I was 100% right, not half-right.

[@Maki2659]

If he doesn't put tarrifs on China, Europe, Canada and Mexico we will vote Republicans out of office in 2 years for sure. Nobody needs liers and cheaters. We had enough of that. It's becomeing way of life in US. You promise somethiong, you do it.

[@oscargluja426]

2:00 ...like applying the same tariffs in return?

[@dietrichburghardt]

The only reason America has a trade deficit with Canada is that Canada sells cheap crude to America. America refines it and then sells it to other countries for a profit.

[@allenpayne6893]

All modern economies have intergrated supply chains that require parts from various countries to be delived using a just in time manufacturing system ,tariffs are a tax that will damage American manufacturing and increase cost for consumers.

[@kennance115]

It must be a Trump ploy. He has to know it would be a disaster to do the tariffs. Obviously he is aware of how vulnerable Canada and Europe are and his predator instincts are telling him to go for the jugular and radically remake the world. He has endeared the military and set the stage to cross the Rubicon and do everything he promised to do..

[@supertech-h7e]

Auto's are already unaffordable to most Americans -- so you're admitting Canada stole 10's of billion in US auto supplier production.

[@crisantechris]

You must not have been paying attention. The way for them to get out of the tariffs is to buy our oil.

[@supertech-h7e]

@@crisantechris Thread is filled with bots, if they were such econ majors their economy wouldn't have slumped so bad.

[@antoniomosley9410]

@@crisantechris In other words strong arm other countries to accept our terms. Even though they have the actual manufacturing jobs.

[@TPHanky]

This dude is the face of senility. Of course he’s gonna play along with the fox/Trump agenda… he wants to be asked back

[@wishbone103]

That is my concern too. What happens after Trump? Hopefully we don't get some bozo in the WH that is just going to screw everything up again. You know the Dems will undo everything Trump did just out of spite.

[@robertjohnson-mt8pz]

I expect JD Vance will follow Trump in 2028.

[@zenden6564]

In Australia our conservatives would pay the national debt down, tighten belts, etc., then the socialists would get their term or two and spend goodies on their constituents and then blow it out; then, the cycle repeats.... very depressing....😮

[@Barbie.Boo1961]

Elect J.D.Vance

[@moa.333]

Agreed, that's what happened last time. Trump had things going good and Biden destroyed it all.

[@astridgalactic9336]

That's why Trump must mentor and refine his underlings well. Prepare them for our future.

[@AntonioRomero-te4cb]

This is ridiculous. I remember asking a Kroger employee as how cheap all the groceries were. That's before Brandon. His answer, Trump cut our taxes so Kroger is passing it to our customers. Six months later? Everything quadrupled.

[@ChrisSauer-oe5ve]

Time for new grocery stores ! 🇺🇸

[@bradiklongsword335]

We sell oil cheap and the issue is threats of criminal coming from US so really research info

[@ShaquitaKroll]

Qarddin Token will make millionaires, after CEX listing it will blow up.

[@bthompson1767]

Are you kidding? Mexico was putting tariffs on products that come into their country and we don’t do the same to them.

[@brucevogel2693]

The Import Tariff's are placed on items from other countries which is paid by those importing (unless contracted separately)....... meaning more taxation for US businesses. It will impact manufacturing outside the US for their major trade partners, but that bites in both directions as well. Cannot seeing this lasting or benefitting anyone.

[@Sam-gs7yb]

Really interested which products?

[@RonAlfonse-t7y]

Please tell us which products ... we'll wait.

[@lserranov]

Lies, we have nafta

[@npcimknot958]

The point is they want you to not buy those items.. thats why they tariff it.. so in turn.. it will hurt the country importing.. but also for the customer to look somewhere else The intention is you will buy made in america.. but not everything peopel want is made in america.. like the stuff from china.. hate china all you want.. but those temu aliexpress.. they ahve the largest orders from america.

[@La_ne88]

People still think tariffs are paid by the other country and not Americans?

[@toprankintv9122]

Mexico and Canada can just do the same…put tariffs on US exports smh if the rest of the world do it US in big trouble…we’re the biggest consumers

[@Twexyl]

looks like with how trump pissing off everybody in the world, that is where things are heading.

[@ShondraBurrows]

Looks like the $Qarddin Token is going to sell out today just as Trump talked about it

[@arthurheale5311]

Here is the value of what Canada imports from America on a per capita basis, compared to America's other major trade partners. The numbers are for 2023. It is total imports of American made products divided by population. On a per capita basis, Canada buys 84 TIMES what China buys, and more than three TIMES what America's next best customer, name Mexico, buys. If per capita purchases are a proxy for how dedicated a country is to buying American in a trade relationship, America has no trading partner like Canada. China - $147.81 Billion/1.411 Billion people = $105 US per citizen Europe - $368.76 Billion/742.3 Million people = $497 US per citizen Japan - $76.15 Billion/124.5 Million people = $612 US per citizen UK - $74.05 Billion/68.35 Million people = $1,083 US per citizen Australia - $33.7 Billion/26.64 Million people = $1,265 US per citizen South Korea - $87.8 Billion/51.71 Million people = $1,698 US per citizen Mexico - $323.23 Billion/128.5 Million people = $2,515 US per citizen Canada - $352.76 Billion/40.1 Million people = $8,797 US per citizen

[@Dave-for-democracy]

The general 25% Tarrifs are not a good idea. That will impact prices of most products, increase inflation and negatively impact our supply chains. Please president Trump take the right decision.

[@chrispswann6825]

It means Americans will be paying higher prices and losing jobs as some companies won't be able to afford all these new taxes

[@WALTERMoy-i6m]

Trump and Bezos discussed $Qarddin at the inaguration party

[@danielquinn2]

With Trump's re-election, both US stocks and Bitcoin are seeing strong gains. I'm eyeing the potential for more market volatility, but Bitcoin's all-time high is interesting. With inflation and interest rates on the rise, I'm wondering if this is a good time to dive deeper into stocks or focus on crypto for diversification. Any thoughts on balancing both?

[@jenniferwatleyj]

Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisor and found someone with the highest qualifications. He has contributed to my reserve increasing from $275k to $850k despite inflation

[@danielquinn2]

Please can you leave the info of your investment advisor here? I’m in dire need of one

[@jenniferwatleyj]

My financial adviser is Gabriel Alberto William , he is not just a broker, he is a financial adviser that gives advice on any financial matters not just on stocks or crypto

[@danielquinn2]

I just looked him up on the web with his full name and I would say he really has an impressive background in investing. I will write him an email shortly

[@ffmann461]

It is easier for Canadian Politicians to act like scared fools and puff out their chests and say how dare he tell us to secure our border! If he wants to stop illegals and drugs he can do it from his side!

[@jeffwyatt7199]

Let cop beating convicted criminals out of jail with no record.... Unbelievable

[@Twexyl]

Criminal president - criminals pardoned.

[@waynedieleman2857]

If trump doesn’t want Canadian built cars,we can go back to the past when Canada forced the car manufacturers to build cars in the country if they wanted to sell them here, which equaled out by trading back and forth across the border

[@Twexyl]

Right - I remember Ford Meteors, and Pontiac Beaumonts and Chevy Canso's, and the like. Lets do something like that again.

[@timothyhorrick2204]

Maybe there will be some form of taxation on NGOs... go after some of these Billionare Oligarchs that operate in the US..

[@FosterTravis1071]

Can't have it happen in the Trump administration. Trump LOVES THE OLIGARCHS.

[@xcalibur1986]

What many seem to not understand is that most of my countries energy companies is funded by US companies and some US tax dollars. We are talking billions a year and these companies if not propped up by the US wouldnt be able to operate. I see very few "economists" talking about this. Again, US tax dollars are going to canadian energy companies. This is why trump number is higher, he is factoring this in.

[@CULT539]

Canada has retaliatory measures in place. So bring it Donny…. Our planes are putting out your fires in California. YOURE WELCOME!!

[@lorrainemcfarland621]

Canada is doing more for California than Trump. In fact, he is doing nothing but badmouthing California because they didn't vote for him. That is because Trump is a small, petty man.

[@cwill2000]

You really need to educate yourself on which country has given the most.

[@NealMitchell-v2f]

The Veterans hiring freeze has cost some Veterans their jobs.

[@keithmath.8826]

But what you're going to see yourself and you're going to hear yourself one day and you ain't going to like it

[@johnabet6775]

Cannot control DJT decisions, boycotting USA goods and travel where possible on my end.

[@richardgadoury8452]

Canada holds $400 billion of treasury bonds. The US get a 20% discount on heavy oil and import 4.7 million barrels a day. If they increase the price of oil to daily WTI spot prices, the US consumer will have to eat the costs. If they use the treasury bills to offset a tariff, the US consumer will pay. Now we still have $100 Trillion in funded and unfunded liabilities, the funded liabilities cost over 1 trillion a year currently in interest. The deportation of 5 to 10 million migrants will probably cost $100 Billion dollars, where's that money coming from. I'm already tired of winning.

[@npcimknot958]

Also no we don’t have that in treasury bonds but nice try

[@richardgadoury8452]

​@@npcimknot958As of Nov.2024, Canada held $374.4 Billion in Treasurey Securities..

[@danallanson5990]

@@npcimknot958 As of April 2024, Canada held $328.7 billion in U.S. debt, which included U.S. Treasury bills. This made Canada the fifth largest holder of U.S. debt, after Japan, China, the United Kingdom, and Luxembourg.

[@Admin-iv3hk]

4 years is a bump in the road for long term investors. Too bad a lot of regular folks who don't know better are going to get hurt.

[@Twexyl]

Canadians are angry enough to tough it out and hope that Americans are hurting real bad, too. We will soon see.

[@GuruSandirasegaram]

25 % Tariffs good for USA bad for Canadian Canadian hope for worst become the best vote for conservatives

[@Gzoratto]

Canada supplies electricity to the eastern seaboard of the US. I hope a beaver doesn't accidentally chew through the wire.

[@ajcaron3840]

How is a 25% tariff good to Americans? It just makes everything you buy 25% more expensive (heavy crude, uranium, aluminum, power etc.) The exporter doesn’t pay the tariff, the importer does - hence why boarders and customs collects it. Also to think this will bring back Manufacturing is simply stupid. Just look at the MAGA hats, why do you think they’re made in China? Because labor is 1/10th of what it would cost in the USA. Make that hat in the states and it would cost $80 at the check-out.

[@rb239rtr]

75% of Canada's exports are raw materials, US workers turn this into finished products. USA needs these materials, they are not availble in the states. Canada's imports are almost 100% finished products. A 25% counter tariff would make other country's products more desireable. Trade will change for a long time.

[@Jeremy-WC]

Tariffs are a tax on goods Americans pay to raise the price on said good so local stuff is more competitive. a quarter to a third of oil refined in the US is from Canada and it is heavy oil the US does not have and mixed to supply diesel. When you tax energy it is a multiplier that goes through the whole economy. Prices for US goods could rise the same amount the stuff that has tariffs do. Canada is one of the few place the US has basically won almost across the board and bs the public saying they have a bad deal. We will see what Trump does as it is different from what he says but if follows through expect everything in the US to go up 10-50% this year possibly more.

[@Twexyl]

Good for Americans....who end up with increased costs. How exactly is that a good thing?

[@dazza4345]

😮 Another deluded Trump economist.

[@thundercatt5265]

.....i can barely keep up with everything going on... that's a good thing...

[@MikesGoogleAcct]

Trump wants a carbon tax on energy from Canada and USA. That is what Tariffs accomplish. Tariffs is another word for TAXES.

[@JakeWestington]

Can't believe he is 84.

[@AndreInThe416]

Trump isn't wrong on border issues with Canada, but the problems aren't one way. Where does everyone think cocaine comes from?

[@Twexyl]

....and guns...?

[@wilsoniakennelgoldens2259]

Parliament in Canada is prorogued! There is no one in Canada to talk to Trump!

[@alexandreveigapereira8727]

That is not true....PM and various ministers still there...The government does not shut down...

[@ShitWrangler]

In the beginning was the Word, and the Word was with God, and the Word was God. From the very start, it’s all about the Word-about communication. Fast forward a couple million millennia, and along comes man. God wants someone to talk to.

[@Lesley1-z2m]

Our gov is all in a winter retreat showing up on the news baked . We want our gov back in office and not shut down. This is all twinkles socks fault - not Trump. Pierre should go and talk to Trump as he’s going to be our next Prime Minister and we all love him

[@JT.Pilgrim]

Learn how parliament works before commenting

[@MagnumusPI]

Nah, we just said that because we don't want to see our drunk uncle again so soon.

[@LorenaMonahan]

Unless people sell their Qarddin Token before launch, this is going to sell out instantly after it reaches mainstream media

[@RGVenus]

Good lord , everyone is freaking out about tariffs when we’ve already been doing this for decades. EVEN centuries. GOOD Tariffs bring revenue, which allows us to put the revenue into paying debt and create wealth in other areas and pay for the increasing in the cost of service and goods. But what everyone is forgetting , TARIFFS BRING NEGOTIATIONS N’ HAVE TERMS THAT COME WITH THEM! So really Trump is smart on making this bold move , makes the world understand we are coming for the money they’ve owed us for years and we aren’t gonna be financially abused anymore.

[@ThomasJordan-l1r]

Hello RGVenus. Why would Trump want to put tariffs on his biggest trading partner. That partner buying MORE than the U.S.A BUYS IN RETURN? Trump already negotiated a new deal the last time he was President. Just wondering.

[@oliphauntsneverlie6227]

You cannot expect a democrat to understand even the simplest things when it comes to economics. You have a better chance teaching a cow trigonometry.

[@hanshansen3885]

@RGVenus When a country puts tariffs on another countries exports then there will usually be retalitory tariffs. The tariffs are paid by consumers as products will be more expensive. The world have gotten wiser on Trump, so his "negotiation" with tariffs will not go over well. It didnt go well when he last time used them and it certainly wont go well when he uses them now.

[@Freyja123]

This time is different, he knows a lot more this time around. One thing Trump is great at is making deals, if Trump thinks this is a good idea, he must have a very good reason. I totally trust him, this is what we all voted for, a better America. It's gong to be a great 4 years. Trump's latest project Stargate will be a huge sucess to America. 🇺🇸 ​@hanshansen3885

[@Buckshot99]

You ought to learn what a tariff is. 😂

[@jonnip7225]

Tax collectors, who owe taxes themselves...uh...sure. Not!

[@SteveHawkshaw]

Shameful how these people can actually get on and blatantly lie. Of course they support a perpetual liar

[@Twexyl]

Stupidity in epidemic proportions down there...

[@SeraySezgi]

Elon and Trump both jumping on Qarddin..

[@VincentBurke-iv3xj]

Trump’s policies failed last time, why would it work this time?

[@anderander5662]

It is a bargaining threat....

[@danielleemerzian6819]

What policy failed? We had low inflation, interest rates and wages rose for everyone all the while giving us a tax break. And, no new wars!

[@xerophobic]

@@danielleemerzian6819 and youre still paying way more for raw materials steel, aluminum etc etc etc yea it worked great!

[@lorrainemcfarland621]

@@danielleemerzian6819 You had low inflation because the whole world had low inflation. After Covid, in which thousands of Americans died needlessly because of Trump's inane policies, there was world-wide inflation.

[@Maki2659]

Optimism...whatever. Why is Dollar falling? Optimism!? We are already poorer. On day 1!

[@tommytutone9365]

If Canada and Mexico were allies, they wouldnt need to be forced to help out at the border.

[@marklelonde6684]

1841 pounds of Cocaine was seized by Toronto Police and Canadian Border Service officials crossing over from the US today. There is actually more illegal drugs guns, etc. coming into Canada from the US than vice versa, but you will never hear Trump say that!!!

[@lorrainemcfarland621]

Each country should be responsible for their own border.

[@tommytutone9365]

@@lorrainemcfarland621 EXACTLY! Canada needs to stop milking off US tit and patrol their fking border. Mexico needs to just be invaded by the US and taken over.

[@sparkpiston]

@@lorrainemcfarland621 The US is not responsible for the weapons they manufacture, nor for their substance addicts, they only blame others, the Mexican cartels are armed with "M4, Brownings", probably made in Mexico (note my sarcasm) right, when the US is make them responsible for stopping selling guns (they give them away in every box of cereal) and stopping using drugs, maybe they will stop seeing their neighbors as guilty.

[@Hydrocarbonation]

This title is weird, "puts tariffs on Canada and Mexico". Tariffs are paid by the buyer not the seller; a tax on the consumer. North America has the most integrated supply chain in the world. How does it work that this lowers the cost of living for US residents? This guy is an economist, he's smarter than me. And so is the interviewer, who has a highly paid job on an important network. Someone please explain to me, I feel pretty dumb.

[@billsmith8596]

Trump is going to drive prices up with these tariffs how can we afford 25% more???????

[@kennethyoung2077]

A 25% tariff is just as good as a 25% carbon tax. Just pay and be done with it.

[@eddiegolf]

If they move their company into the U.S. they don't pay a tarrif. And the prices don't go up if you don't buy it or if they reduce their profits. Trump had no inflation and had tariffs in his first term. You don't know what you're talking about.

[@toedrag-release]

​@@kennethyoung2077lmfao please go back to 9th grade math.

[@Twexyl]

you CAN'T! But you elected the guy, so live with the damage he causes.

[@Freyja123]

if you don't secure your border, you pay the price, a tariff call it what you want. We're fed up with countries taking advantage. Just like committing a crime. If you don't comply, you pay the price. All they need to do is secure their borders. Easy.

[@toedrag-release]

More illegals go into Canada from the USA than vice versa same with all other complaints, drugs, guns. And technically the consumer pays the price. You will pay more for Canadian supplies like oil, steel, nickel, electricity, lumber, food. A tarrif is not a tax on a nation it's a tax on companys who import product.

[@xerophobic]

sounds great ,i do assume that means you will also thwart the flood of illegal guns into Canada right?

[@toedrag-release]

@@xerophobic and the illegal drugs, and the illegal immigrants....actually maybe we should build a wall and america should pay for it🤣

[@Freyja123]

@xerophobic if there's a big problem with illegal guns flooding Canada, wouldn't you want to secure your borderZ and stop the flood?

[@xerophobic]

@@Freyja123 are you proving our point, Canada is NOT a border issue for the USA and is certainly not worse than Mexico as T seems to be indicating the last few days, so explain to me the logic of the tariff threat again???He is doing a good job of unifying Canadians which will only weaken US stance with us moving forward. Much like many countries the US is appearing less and less of a reliable partner and is a trend you would be wise to reverse. Your pres isnt going to restructure the north american economic model in a week, a month or even a term, but he sure can and likely will damage relations in that same time frame.

[@JeffWildman-b1v]

Canadians are going to be most hurt by the increase in the price of cocaine

[@ffmann461]

When Justin heard that, he has to change his underwear and pants!

[@rb239rtr]

Trudeau ate Trumps lunch the last time around

[@Twexyl]

Trudeau is gone, like the waft of a fart...

[@stevecapela]

Tariff America.

[@davegalloway6463]

Send him a box of Laura Secord chocolates with love from Canada. 😂

[@DEWITTJefferson]

Never heard about this Qarddin coin until Trump endorsement but seems like it has some utility at least

[@chandlerb7760]

As a Canadian citizen with a grade 9 education and 11 different schools enter my belt. Truly, I am the child left behind through pore schooling.....The day Canada stops fighting Trump and gets behind him is the day we prosper. The day the world stands behind Elon Musk and Trump is the day we go to Mars. The answer is simple.. the world is ruled by arrogant fools. That don't even see what's all around them. they are sure going to see Mr. Trump in front of them. Love you Trump ✊️🇨🇦🇺🇲👊

[@etienneprinsloo6799]

I honestly applaud your brilliant and sensible comment.

[@lorrainemcfarland621]

I'm sorry you have had a rotten life. I'm not sure if you can blame it all on our education system though. Canada has a much better public education system than the US and Canadians as a whole are better educated than Americans. As for standing behind evil men like Trump and Musk, you are deluded.

[@Twexyl]

This is a troll post from chandlerb

[@chandlerb7760]

@Twexyl i'm 7 feet tall. Who are you calling a troll you little 4 foot, nothing man. Whoever smelt, it dealt it. HaHa you stink 💩

[@juanhuizar5607]

Even Fox economist carefully tip toeing in tariffs to Mexico and Canada. Like do as I say or else imma let you make things more expensive for my citizens…yea what a bargaining chip

[@wilsonlainglaing8739]

Trump did say you won't have to vote again ..president for life ..let's hope it's short lived..

[@robertjohnson-mt8pz]

Evidently lying isn't against what you stand for.

[@eljefe62]

Get your safety blanket and go sit in the corner and suck your thumb little one.

[@Positiveenergy68]

@@wilsonlainglaing8739 Trump never said that. 🙄

[@sergechamberland7433]

@@Positiveenergy68 you have selective hearing? Check your fact he did say you would never have to vote again if he was elected LOL

[@Positiveenergy68]

@ He didn't mean he was going to be president for life. That's ridiculous!

[@Sh0tgunPaul]

The guy look amazing for 84. Sharp

[@manwiththoughts]

How do Americans buy this, FN

[@GinaFerri-r6z]

America first! America first!

[@PierrePollievre]

CANADA FIRST! AMERICA LAST!

[@lorrainemcfarland621]

Does America First mean forcibly taking over smaller countries s you can steal their resources?

[@drumzydrums76]

That’s the problem, all you’re doing is isolating yourselves America. Gonna be awesome when the rest of the world tells you to pound sand. The world is laughing at you and you’re too uneducated to finger that out… lol… 😂

[@RossJames-i6s]

America -not at all. You will be isolated from trade everywhere. Then you will find out how international trade actually works. We will not let you back in until every republican is permanetly gone.

[@sparkpiston]

US the first sellers of weapons and the first to wage war in what does not concern them, US the first in addictions in the world and the largest consumers of prohibited substances, US the first to blame others for their own problems, US a good place to live.

[@charliebrown5611]

We will pay. Not canafa, china or Mexico.

[@eljefe62]

Hit your head one too many times when Lucy pulled the football?? You fail to understand the long game, but that can just remain your problem, it's not my job to clarify for you...derp