How Trump's tariffs will impact the global economy | DW News

[@user-kz1gc4pt2r]

If you have such an ally, you don't need enemies.

[@maigepresents5840]

It's dangerous to be an enemy of the US, to be it's friend is often fatal

[@valerievankerckhove9325]

The Chinese have a slang, "pig teammate." It refers to a teammate who is so incompetent that he causes more damage than the enemies. The saying goes, "I do not fear an opponent who is like a god, I only fear a pig teammate."

[@tasreasfatemsa8266]

Trump has 50% enenmy internally,no time to worry about you.

[@tamobiswas6083]

In geopolitics there are no allies 😂

[@happymelon7129]

😝 We all knew when the master(U$) run out of food, what will happen to the dogs(vassal).

[@bellabella9181]

Canada and the EU should immediately form a free trade partnership.

[@donorTrumpet]

@@bellabella9181 already have one

[@james432ful]

😅

[@daylightmoon7285]

The EU already has a 15% to 20% tax (hidden tariff) on American products and services. Canada taxes American products. The taxes include the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Canadian tariff-rate quotas (TRQs) remain in place on American dairy and poultry. Mexico has increased tariffs on certain goods, including those imported from the USA. A real journalist would have researched this.

[@katiecannon8186]

@@daylightmoon7285 lol. So, what you’re saying is that a tax on buying a car within your country is economically exactly like a tariff. Thus, Trump plans on imposing a tax on American citizens.

[@logwog1991]

Canada should try to join the EU. and drop out of USMCA. I imagine the EU would love full access to Canadian resources, instead of us sending it south for cheap.

[@trentonpower1823]

I cant wait to have even less money than i already dont have

[@phoebehill953]

Right. Instead of worrying about whether I can afford a house, I can worry about whether I can afford dinner.

[@trentonpower1823]

@phoebehill953 grab you a hood classic friend. We having sleep for dinner

[@jrSidney-f3n]

🤣🤣🤣

[@farpumba]

Make America expensive again

[@petergreen5337]

❤😂 Precisely

[@selbermachenguru]

lol, that made me laugh. nailed it. PS: No problem for the US, they can pay for it all, because Trump said they will all become rich.

[@sul-v5p]

delulu 😂😂😂​@@selbermachenguru

[@benvolman4976]

Cut tax to the rich. Raise tax on products bought by consumers. Did he fool you MAGA?

[@JimKat5646]

B.S. you’re blind It will be too expensive to buy stuff from other countries. He’s forcing businesses to open in the U.S. and create U.S made products

[@AsterixSlashStar]

Not enough people mentioning that the current trade deal with Canada and Mexico is the one he made

[@flowerlover73]

Exactly!!

[@davidh8083]

He has broken 2 free trade deals now. And it’s Canada Mexico fault. F Trump.

[@jamesjingle9533]

So it was his past trade deals that has the economy inflated.

[@alabasta02]

Yeah, everyone seems to forget the USMCA.

[@highseasdrifter7885]

But now he is establishing the "external Revenue service" which will receive all money from Tariffs. Guess who controls this new account with no Govt oversight?

[@benvolman4976]

Americans don't realize the majority of products they buy from Canada are the raw materials they process and add value to . This tariff makes U.S. made products more expensive. Canada buys more U.S. manufactured goods than sny other country. Canada may now buy cheaper from elsewhere

[@Holeyguagaamoley]

well said

[@MrRhomas913]

Bingo. This is a good point especially in regard to oil. Trump just sees the trade deficit ( I would bet the current account deficit is narrower). That is why I have been saying that Canada needs to get some token accomplishment done. Maybe move a 1000 troops to the border with the US; maybe make a commitment to get defense spending immediately to a still dismal 2.0%. Order some Arleigh Burke class destroyers from the US.....and stop Ford from trying to brawl holding a pair of 6s against the consummate brawler with 4 queens.

[@selecttravelvacations7472]

Yeah, there is no way this will work for our benefit. When it doesn’t , maybe people will finally wtfu about the man they think is “Brilliant.” This was supposed to be a posturing but now it’s turning into a trade war. Who could’ve seen that coming?

[@zeppirl]

Sshhh..... let them find out the hard way😂

[@erickrobles5938]

SYNOPSIS: America is shooting itself in the foot.

[@tavi1508]

potentially in the lungs ... (what Orban said about the EU once :-) )

[@petergreen5337]

❤absolutely CORRECT

[@JoBlack-dg6ey]

And the head

[@HighGek]

Exactly, and playing with fire💯

[@alexgordonepic]

nope. america used to have tarrifs on all imports.... everything... and took NO FEDERAL INCOME TAXES!!!! let that sink in... USA used ot have no federal taxes on it's citizens....

[@jarek1370]

ban Tesla and X in Europe

[@SulubWardfaa]

You can't go against your owner ,

[@umangtripathi9208]

Right 😂​@@SulubWardfaa

[@donorTrumpet]

How about banning youtube

[@Lysandra-8]

You don't have to ban them. Just boycott, that's what we are doing right now. Just watch the statistics

[@IrenESorius]

Yes.

[@ThisIsMeOnYoutube]

If you could reason with MAGA there would be no MAGA.

[@trmachado89]

About time for Canada to further partnership with Europe and ditch the USA.

[@karmenwashington605]

Exactly

[@StartreckTu]

Canada should stop supplying power n gas as early as trmw.

[@petergreen5337]

❤Precisely well said and well REASONED

[@Jewzi123]

The world can work together to undermine Trump arrogance , they can sink the US economically throughout undermining the US financing system . ( Trump want to take not give ) .

[@kobra6335]

Will Europe provide for Canada's defense? 😀

[@test-201]

Americans forget that there is only about 350 million of them Europe has 800 million people that need oil for energy It's not difficult for Canada to sell oil to European countries instead of the US it's a much larger market

[@loosemoose7584]

Ontario and Quebec need that oil too. We need a national project to build pipeline's to Thunder Bay, and Hudson Bay plus a refinery or two.

[@daylightmoon7285]

@@loosemoose7584 Yes! Canadians need to start looking out for Canada instead of bending a knee to Europe.

[@Mman.]

@@loosemoose7584if the Bringer of Democracy doesn’t approve, what do you think will happen to those pipelines?

[@thinkverse-n5k]

We should take us out of global economy

[@daylightmoon7285]

Canadian oil is mostly from tar sands and would not meet EU environmental standards. This oil is refined in the USA because the Canadians are not capable to refine it to an acceptable level. The USA is the largest oil producer in the world (google it). West Texas crude sets the standard for light crude oil. Light crude is the easiest to refine and lower in pollutants.

[@vgnxjhd3447]

I am sick and tired of reading about the US everyday. I'd love for them to isolate themselves to the level we stop hearing and reading about them. Let's see how that will work for them.

[@blakesun]

It's only Trump, he lives to be in the news and have people talking about him.

[@68flyhigh]

Can’t you control yourself??? Stop reading it!!! No one is forcing you!!!

[@monsieurbojangles2336]

Aren’t we, in effect, trying to isolate ourselves with this tariff? Why are you obsessed with free access to our markets?

[@vgnxjhd3447]

@ what does panama, greenland have to do with isolating yourself? why threaten to invade those teorritories? leave them alone and become as isolated as north korea for at least the next 4 years, I'd welcome that.

[@teacopem]

America is the world

[@rosenaqua]

25% tariff is actually insane.....

[@masterofnow1]

It is! I bet he gets so much out of them to have them removed. I want to see cartel vs US military.

[@InGODweTrust007]

No worries they print money from thin air and give them selves raise all the time 😂

[@stopcensoring.7959]

​@@InGODweTrust007👈 the realest comment with the realest knowledge 💯🖨💸💸💸

[@joshboehmke6145]

not as insane as 75% like china did to usa

[@jetli740]

even more insane is 10% on china.........why china only 10%? musk .....

[@blakesun]

Price of eggs nearly 7 dollars, Trump really brought the price down on day one, huh?

[@matrixberzins465]

Don't worry - soon Trump will put tariffs on chickens for high egg prize and he will force chickens to ley more eggs daily! :D

[@pinballjunkies]

I don't follow politics, don't support trump but if I remember correctly the price of everything skyrocketed under the last administration as well 💯

[@freetolook3727]

No he will sign an executive order ordering chickens to increase production! 😂

[@aftabmohammedify]

😂😂😂​@@freetolook3727

[@svanimation8969]

how many eggs u get ??? in 7 $

[@XD-cr3du]

The U.S. taxpayers will pay the price.

[@daylightmoon7285]

The EU already has a 15% to 20% tax (hidden tariff) on American products and services. Canada taxes American products. The taxes include the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Canadian tariff-rate quotas (TRQs) remain in place on American dairy and poultry. Mexico has increased tariffs on certain goods, including those imported from the USA. A real journalist would have researched this.

[@nigelgarrett7970]

​@@daylightmoon7285 Sorry, but no. There is VAT (think of that as a sales tax), but that applies to all products irrespective of country of origin. There are import duties on some products, but that varies between products. America has import duties on EU products too.

[@SantanKGhey1234]

and what will Americans do about it? Seem weak against a rougue leader

[@Therealdoncorleone_]

We will just avoid buying foreign goods

[@honved1]

@@daylightmoon7285wrong

[@danielmacias8333]

Mexico could join BRICS easily, and Mexico already has an open invitation to join BRICS made by both China and Brasil. The Russian embassador in Mexico recently stated that if Mexico wants to join, it would be admitted immediately. We have plenty of lithium, oil, gas, gold etc. It would be a big win for both BRICS and Mexico. Greetings from Mexico to everyone.👍

[@koriifaloju2051]

Yep, exactly That would be a big win-win, and I’ve been hoping for it. add in Saudi Arabia, Turkiye and Malaysia (maybe Australia) and this has even more serious teeth, it’ll change the whole global dynamics to multipolarity. Then Canada-UK-Eurozone, and everything changes

[@nicole6053]

America wouldn’t let that happen easily

[@gilbertopereira7795]

“Merika” doesn’t have the power to be at war with the whole world. It’s a crumbling empire with limited resources to keep the militaries as threat. When you’re everyone’s enemy, you’re actually vulnerable, not strong

[@TheWirelessace]

😂 Go ahead and join.

[@chucknorris1920]

Yeah because China, Russia, Iran etc. are great countries to align with...fml

[@EM-oe1to]

Canada have to make business with another countries and leave U.S. Under these circumstances You cannot make a honest deal. This is pure extortion from U.S side!

[@daylightmoon7285]

Canada taxes American products. The taxes include the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Canadian tariff-rate quotas (TRQs) remain in place on American dairy and poultry.

[@AlGat11]

@@daylightmoon7285 GST and PST apply to ALL products in Canada, including Canadian products. So it is an even playing field. Tarriffs are not.

[@lenn939]

I think a lot of Europeans would actually be ok with Canada joining the EU. Our (Germany’s) previous foreign minister even floated the idea recently in an interview. Imo it would be the ultimate power move to show MAGA America that the rest of the West stands united against their bs. Think about it. This could be the new trasatlanticism lol. Europe could really benefit from greater access to Canada’s vast natural resources and Canada could benefit from greater access to another big market and being part of a big geopolitical bloc that can stand together and retaliate more effectively against Trump’s threats and economic pressure. It would be win-win in my books.

[@daylightmoon7285]

@@AlGat11 Still, Canada has some tariffs on American goods. I am still optimistic that there will be prosperity for Canada and the USA. A lot of the reporting is just clickbait. Average people like us should get the facts out there.

[@daylightmoon7285]

@ The USA would not stop this. You are free to go.

[@wawaldekidsfun4850]

Trump speedrunning the world into recession 😑

[@nafalyno7284]

The world not america 😅

[@theadict1259]

@@nafalyno7284 The US will collapse. He is like Gorbaciov for the Soviets. And it's funny that people bought his nonsensical ideas. The first step is, to turn your friends against you...

[@miteshghadi3146]

America debt 36 trillion dollars, France debt 3.3 trillion dollars, Uk debt 5 trillion dollars Italydebt 5 trillion qdollars. DEBT TO GDP RATIO IS OVER 100% in these countries.

[@CornPop09090]

@@miteshghadi3146 Get woke - go broke! and have DEBT TO GDP RATIO OVER 100%

[@maigepresents5840]

@wawaldekidsfun4850 oddly enough, it's US allies that will be hit hardest... Russia, Iran and North Korea won't be impacted at all... in fact, they'll actually do better... 😀

[@ampex189]

With friends like the Americans, who needs enemies?

[@thealternativecontrarian9936]

the Laplanders and eskimos in the Arctic are your new friends

[@zenn2237]

The world should form a free trade agreement excluding US. Americans wants to be isolated so why not give it to them

[@charlesndo3148]

That s the goal of BRICS

[@brandongibbs8225]

I am an American National (different from a US citizen) and I want to see BRICS succeed..those schoolyard bully tactics aren't going to work on the rest of the world anymore

[@honved1]

@@charlesndo3148get the R out of BRICS

[@ragnarandersson2866]

USA soon nort Korea no 2😊

[@JessicaD.-vb9ho]

It's already happening

[@ronfischer191]

I think its time for countries like Canada to become far more closely integrated into the European economy, we need a stable and reliable trading partner not a basket case.

[@pythondre]

LMAO The EU in the past 20 years has been anything but "stable". The UK left the EU because they saw the writing on the wall.

[@bigred8432]

The UK have been worse off since leaving the EU and there is a major call (and from many high profile major brexit supporters) to try to reach a deal and re-enter. Read something about the reality of a situation before commenting

[@tommasopittori4292]

@@bigred8432 In some ways Brexit resembles Trumps plans. We probably will see a repeat of what happened after Brexit in the UK

[@MrRhomas913]

Seems a little hasty. Trump will be gone in less than 4 years. Why think so short term and burn bridges. I thought Canada prided itself on being rational and not emotional? Seems like the politicians have not even asked Trump exactly what it is that he wants. Perhaps it is an easier fix. I am not sure why Canada does not increase its defense spending as requested and admit is a problem (which seems to support the argument down south that Canada is funding its healthcare by not paying for its defense as the Americans are doing it).

[@petergreen5337]

❤Precisely as SIMPLE AS THAT

[@pennydoyle1806]

As an American I say do what you need to do and I personally will learn to live and do without. The tyrant needs to be put in his place and let the lies he tells his subjects be exposed.... I am ashamed of the fact that our educational system has failed us so much that people don't realize how tariffs work and how they DIDN'T work in the past.

[@lisag9635]

For myself I agree with you, however this is really going to hurt people already struggling to get by. Many don't have the luxury to learn to do without, they are already there.

[@TheWanderingFinnegan]

The government indoctrination facilities are highly successful and functioning exactly as desired and designed.

[@arkangel0940]

Thanks Penny ❤

[@thejking]

I think the EU, Canada and Mexico should start talking.

[@redrain72]

Already been doing this

[@Kartoffelsuppe_m_Wursteinlage]

CETA free trade agreement is already in place. Afaik even the negotiations are finished. It only gas to pass EU and canadian parliament.

[@StartreckTu]

They should...it will give a chance to other nations to show middle finger...let usa figure out everything alone 😂.

[@JessicaD.-vb9ho]

They already do.

[@JoBlack-dg6ey]

Start trading

[@mariusmioc3045]

One doesn't have to be a "rocket scientist" to realize that whatever the US is importing from China/Mexico/Canada, is because US NEEDS those imports and BENEFITS from them. It is not that US imports goods from China/Mexico/Canada just to please them. After years of hostile relations and countless economic sanctions, US is STILL IMPORTING goods from China because China is either a sole supplier for those goods or because China is supplying those goods at much better price than competition. Therefore, sanctioning those imports or surtaxing them will primarily hurt US economy, not the Chinese. But this same logic applies to ALL imports into the US! Tariffs only work when there is a cutting edge competition between domestic and foreign producers and then, a tariff on imported goods will give domestic producers an advantage over the foreign producers and encourage them to grow further. In the absence of such tight competition between domestic and foreign producers, any tariffs on imported goods will primarily hurt the tariff imposing country. And this is not "rocket science," but basic economics.

[@gracemadison8135]

10% tariff from China? More than that it will hurt US citizens.

[@llothar68]

The idea is that in the long run it will be provided by us workers in us factories. And the tariffs are an incentive for us startups. But in the meantime it will hurt

[@pm7294]

Correct. Worth mentioning that there is no incentive for American made products to be priced cheaper than imported goods. If Mexican oranges go up to $10 because of import tariff then it would be bad business to sell American oranges at $9. Prices will match. May mean higher wages but wages will buy less.

[@vegikid100]

tariffs hurts our economy but will create jobs. No pains no gain

[@Luiz-w5s]

In today's capitalism, those local producers would also increase the price to profit more. Americans live in a fantasy world...

[@widns-y7n]

EU is the next target

[@89Maj]

Boycotting American goods from today

[@Para_Ninja]

Curious what goods that would be? I havn't seen an American product in forever other than movies and TV.

[@hamiltonian4698]

lol and yet you’re still using youtube 😂😂😂 the entire IT and cloud infrastructure of the world is American😂😂😂 Microsoft, Apple, Azure, AWS, Palo Alto, Cisco, Oracle etc etc etc

[@hamiltonian4698]

@@Para_Ninja🤡🤡

[@ciybersal3499]

​@@Para_Ninja Brands here meant, Tesla McDonald's Nike pizza hut Colgate etc etc

[@ninemoonplanet]

Yes, and now look for substitutes from Mexico and Europe. I scrutinize all my purchases now. If it's USA it stays on the shelf.

[@gingerbinger7485]

Actually Trumps 3 favourite words in the dictionary are, me, myself and I.

[@masterofnow1]

IDGAF...he is doing what I voted for him to. He's a total narcissist. All he wants is for people to say what a great job he did. I am one of them.

[@chrysalis4126]

Land of the me.

[@chrysalis4126]

@@masterofnow1 Enjoy your higher prices and when inflation goes up the interest rate will also go up so hope you don't have any credit cards.

[@masterofnow1]

@chrysalis4126 I'm definitely not worried about my financial situation. Tariff quiz... What does a car part made in Mexico that previously retained for $100 cost after a 25% tariff?

[@arjan2713]

@@masterofnow1 so you didn't vote for lower prices?

[@viola1699]

In 1929 and the early 1930s, a trade war escalated during the Great Depression, fueled by the Smoot-Hawley Tariff Act of 1930 in the United States. This act imposed high tariffs on over 20,000 imported goods to protect domestic industries but triggered retaliatory tariffs from other countries like Canada, France, and Germany. The result was a collapse in global trade, with U.S. exports falling by 61% and international trade shrinking by 66% between 1929 and 1934. This deepened the economic crisis worldwide, increased unemployment, and strained international relations, contributing to the political instability that preceded World War II. The event serves as a cautionary tale about the dangers of protectionism during economic crises.

[@Sean-oy8xm]

Anyone?…..Anyone?

[@bheavy62]

In a depression, middle class lose everything and the rich buy it up.

[@viola1699]

@@bheavy62 You don’t have to be an expert or know everything-just look at history, because it tends to repeat itself. The real question is, will we ever truly learn from it?

[@serkanakbas5552]

Savaşa hazır olun o zaman 😢

[@GodsCommandmentsAreTruth]

Viola... that was most interesting. Thank you for sharing that. Trump has been reminding me lately of that Biff character from the "Back to the Future" movie series.

[@feitankung]

Don't worry about inflation from tariffs...I will just finance my purchase of bananas with a 12 month payment plans....and finance my car with a 50 year loan...and my home with a 1000 year mortgage...I will be alright.

[@Fatspurios]

Tariffs started the great depression.

[@Sometimes7453]

😂😂😂😂😂😂😂😂😂

[@gehwissen3975]

The world says "Thanks" DT ruining the US - who else would have had the power?

[@Viothon]

In 1930, raising tariffs across the board hurt the U.S. economy.

[@daylightmoon7285]

Off topic. It makes your comment not relevant.

[@gehwissen3975]

@@daylightmoon7285 too good. "tariffs has nothing to do with tariffs"

[@goldenhaze6880]

He thinks everybody is going to do America's bidding and just pay up.

[@daylightmoon7285]

The EU already has a 15% to 20% tax (hidden tariff) on American products and services. Canada taxes American products. The taxes include the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Canadian tariff-rate quotas (TRQs) remain in place on American dairy and poultry. Mexico has increased tariffs on certain goods, including those imported from the USA. A real journalist would have researched this.

[@user-cr9of2tn5q]

@@daylightmoon7285what does that change though

[@largepaw8761]

Name 1 country on this planet that the USA makes money off of. Fact is there isn't so I think it is time for the USA to start making money instead of funding every country on the planet.

[@katiecannon8186]

@@daylightmoon7285 All you’re saying is that Trump plans on taxing the American people since you think a tax is exactly like a tariff. Anyway, Trump loves all of his government printed dollars he has in his pocket. He despises you having anything but a bank loan.

[@TheCDNJoe2]

GST, HST & PST are not tariffs targeted at American goods.

[@doorkum]

People who are pro tariff says, this will create more jobs. However most of this job will be on the labor workforce. Their is an already labor workforce shortage in america because american doesnt like these kind of jobs. SMH

[@Mike-jm5wt]

That's why you cut welfare to get them off the couch and back to work

[@HarryShi-jk4zf]

A 25% pretax on goods for us consumers, and the higher item makes a higher sales tax. Congrats getting double taxed

[@jacobschnberg5382]

thats the whole idea

[@theasianjaywalker4455]

You should think about what you're believing. You'd believe that Trump is creating a new kind of Tariff where the American buyer pays the extra 25%. really think about what youre saying.

[@pinkcichlid]

Triple taxed, don’t forget the money you get to spend is after income tax

[@Clarahalfstone77]

@@theasianjaywalker4455troll!

[@theasianjaywalker4455]

@ Ok, Karen

[@udaychhatre]

America is not for Americans but only for 7 magnificents

[@nuke_Godjira]

Keep those tears,pouring

[@lnbt1]

and for India! (H1B)

[@alexgordonepic]

. america used to have tarrifs on all imports.... everything... and took NO FEDERAL INCOME TAXES!!!! let that sink in... USA used to have no federal taxes on it's citizens becasue the fed govt was paid for and run on import tarrifs

[@EmporiumByTheShore]

Imagine we are one heart attack away from all this going away…😂

[@Dangic23]

Tariff 101: -Cost is added to product overhead -Which is reflected in a higher sales price -Consumer pays the tariffs

[@ollikoo4555]

yeah and that will lead ppl want to make stuff at home

[@donorTrumpet]

Consumer 101: If things are expensive, we just stop buying .

[@misterfunnybones]

Not according to Stephen Miran.

[@BlueDino-w9d]

If this is tariff 101, why does the EU impose tariffs?

[@ollikoo4555]

@@donorTrumpet yeah exactly, so ppl will start to make them at home. only thing us needs is precious metals

[@Pho-KingSoupTonechasr]

Sounds like Canada, Mexico, The EU, Australia and New Zealand should meet and discuss new trade agreements sans America.

[@cathymillage6903]

They have been for a year now! 😊

[@RicoWorldPeace]

Good luck with that....

[@Andrew-w2x9v]

You should also discuss your national defense. Good luck with china.

[@peterhendry4150]

and maybe the US should pull out of NATO and leave you to your own underfunded defense,,,,,,Id prefer that for sure

[@darrylmuse9948]

@@Andrew-w2x9vAnd Russia

[@_vercingetorix_]

He's looking for trouble and he's going to find it when the whole world unites against the USA.

[@brbhave2p00p4]

Imagine Canada and Mexico joining the BRICS block

[@lanceatone]

Oh yeah, the dream team!

[@jesserobinson749]

Canada would become a major player in the world market if that happened. Cuba is projected to one of the most prosperous countries in BRICS due to trade and trading routes.

[@earnesttomjoseph]

They might not take canada in. Because the russia, china and india are the biggest players in BRICS. And treadeau have made all three of them enemies😂

[@gertfeikens7311]

Time to wake up in the real world

[@peabase]

Yeah, but on the proviso that Canada and Mexico join BICS, not BRICS. The organisation needs to excise the cancer first.

[@NURREDIN]

If trump thinks he can do the same thing Hoover did and end up with a different result, he's nuts.

[@ItsNeverTooHot4Leather]

He's nuts even if he doesn't think that.

[@abdiganiaden]

Foreign companies days are over in US

[@NURREDIN]

@@abdiganiaden Evidently you didn't major in economics. If you've actually been paying attention, the American empire is OVER. Other that the Apple Iphone, Microsoft Windows OS, and the Google search engine, name another American product that the world's consumers think are the highest quality. THAT is why we're in trouble.

[@abdiganiaden]

@@NURREDIN our empire is just beginning. More trillion dollar companies coming. Why do you have picture of Vegas on your page anyway?

[@dangavel1283]

@@NURREDIN The google search engine sucks....bigly

[@1134marcos]

Dear America, you haven't yet understood that the world can do without you. we are more than 8 billion... and we are no longer in the 80s

[@xxyyzz8464]

But can the world come together and unite against Trump to inflict real pain on him and America? I wish that was the case to teach him a lesson, but I don’t see countries working well together in that way.

[@SubankarMol]

Makes sense that Trump would just back another upcoming altcoin like Qardun Token instead of Bitcoin for more profits

[@tomte5678]

Canada, Mexico, The EU, China and all other countries trump has even just so much as threatened to put tariffs on should unite and double the tariffs the other way around if just one tariff is put on even one of them. The US economy would blow up immediately. Weak divided, strong together

[@gehwissen3975]

@@tomte5678 BRICS Global? Some Westerners have brain pain now. 🤣

[@bernardolaino950]

@gehwissen3975 Let’s see, brother. Have heard of the EU-Mercosul agreement? Historically the EU, specially Italy, Germany, Spain and Portugal have ties with Brazil, Argentina and Uruguay. These EU countries had very considerable immigration waves to the latter southern American countries in the 20th century.

[@daylightmoon7285]

@ Already, BRICS was unable to establish a BRICS currency. There is disagreement among members on several issues. Good luck with BRICS.

[@adamkou5475]

Haha The US is the world's consumer of last reserve, and that is majorly the result of the US dollars being the world's reserve currency (i.e. when you get to print money to buy things, you get to buy a lot). Until the world shifts the consumer demands out of the US, retaliatory tariff against the US is mostly a political gesture.

[@bernardolaino950]

@@daylightmoon7285 The ultimate objective is not a common currency, that’s quite impossible to do, but simply not use the US dollar in trades to avoid US retaliations. All trades were done this way for thousands of years before the existence of the USA. Almost all BRICS nations, EU and some southern Asian countries already have their own crypto currency pegged to their own national currency. You even have crypto currencies pegged to certain commodities. It’s easier than ever to do trades without the need of the US dollar or any other middle man.

[@AbraXas-bi9ux]

just came back from a business trip from the US. so expensive, felt constantly unsafe, and the horrible food rounded up the picture. the best moment was when the LH Airbus was taking off. 😂

[@donjohnson5123]

As you returned to where was it? Europe or Canada? Which area will you be standing in a freeway overpass with a sign that says “will work for food?”

[@justinerebecca3567]

​@donjohnson5123 you clearly know nothing about either country. We're both doing just fine yet you can't keep your kids safe at school or visit a hospital...

[@randyhawks7549]

The poor rural people will suffer the most.

[@b.7944]

And yet they think Trump will help them. Poor will be poorer as always

[@Tarof7556]

That is actualy a false statement. This is what teriffs are designed to protect. High skilled labor need no protection, that is why it is high skilled labor.

[@Tarof7556]

@@b.7944 Poor will always be poor, you can not vote yourself out of that reality. So wtf are you actualy talking about. You can personaly get yourself out. Is it so comfortable to be poor that you are stuck? If so then stop complaining. I am poor and i have the education and options to not be poor. I have made a choice to be poor as i personaly prefer those jobs.

[@b.7944]

@@Tarof7556 What do you mean by you personaly made a choice to be poor? When your kid has cancer (let's say), don't you want your country to help you? Don't you want a helping hand? I really don't understand your logic.

[@aboveaero]

@@Tarof7556The same “high skilled” labor Elon is getting from india?

[@NXT_Rudra_tm]

They better start digging trenches in Canada.

[@Flapjackers]

We look forward to it, we have that Geneva Checklist thing to finish

[@daylightmoon7285]

you are off topic.

[@Flapjackers]

yup, it's late sorry

[@FondelMikeRotch]

This IS war. Consider US a enemy of Canada now.

[@nuke_Godjira]

Canada fight with what? Their DEI woke military? Lmao! 🤣

[@Chris.Davies]

I love the fact that now tariffs are coming, US producers of goods will raise their prices to match the imported (taxed) goods, so that those corporations will now make immense amounts of profits - paid for by the increased prices Americans have to now pay. We know that no US company will hold their prices down while imported goods rocket up in price. Have fun paying a lot more for..... pretty much everything!

[@christurner8549]

This is a bizarre repetition of the UK's disastrous "Brexit" (which only 11% of the UK population now think was advantageous).

[@JohnDoe-pk2hs]

Don't worry, I'm sure we'll get it far worse and yet still have a far larger percentage of the population still on board.

[@Lawrence4000-s3k]

I'll have a wager with you. The US will continue to outperform Europe. Btw, why did the EU impose tariffs on Chinese cars if tariffs are so bad?

[@sboganatham]

If 89% are not feeling advantageous, what action is taken to turn around? With EU doing as bad as UK, we should reverse this decision.

[@peabase]

@@sboganatham The Brits could gather along the coast with oars, paddles and cricket bats and start to row furiously towards America and, on arrival, apply for US statehood. Who am I kidding, the Brits would row every which way and stay put.

[@ketanparmar6064]

*If Americans soldiers* decided to step on our Canadian territories it would be singlehandedly the biggest mistake they ever made!!!!!!!!!!

[@ianrichards909]

Pffft… who’s afraid of Canada 😂😂😂

[@george-d7m3h]

Really 😂

[@caboosej8749]

hahaha... your funny mate.

[@mysticcove3392]

Canada! your neighbor Natives Alyeska, we will help you!.

[@michaelc3106]

Come on. Trump said he wouldn’t use military dealing with Canada. Leave the military out of this, we aren’t going to be dragged into an economic disagreement.

[@thebowandbullet]

The entire world together is more powerful than the US.

[@johnmcentegart007]

Russia is more powerful than the U.S. led NATO and thirty other vassal states.

[@johnhemryjson8673]

Yay more homeless people in America

[@ninemoonplanet]

Unfortunately that's possible, which will create far more problems. From what I understand, these tariffs are intended to give the ultra-wealthy more tax breaks, plus the other moves using "DEI" will cut services Americans depend on. Frankly this is brutal and completely unnecessary. 😞

[@Im_better__ø]

And how much will be in Canada who is going to buy there rotten goods

[@theadict1259]

@@Im_better__ø They have already a bigger market in Europe :)

[@Im_better__ø]

@@theadict1259 bull... They don't europ can't consume Canadian rotten goods as much america and will hardly get the surplus they enjoy trading with america there's no trading partner as america to Canada

[@hydronpowers9014]

That's California

[@PaulSchortemeyer]

❤ Finally someone sees it clearly @ 6:50. 😢. It’s all smoke and mirrors for another “tax” on Americans.

[@lillyhome205]

👍 LOVE CANADA & MEXICO .....🙏BUT CANADA AND MEXICO SHOULD STOP SENDING ILLEGALS AND DRUG TO AMERICA 🙏🙏🙏

[@guillermogouldburn763]

Even if the companies relocate to the US, the more expensive labor market won't bring prices down.

[@Joey-ct8bm]

Counter tariffs will do the reverse. Bad for everybody. Especially consumers. A Apple phone would lose on price with Samsung in Europe. Samsung can now ask more for phones by 15% and still be 10% cheaper than Apple. It's bad all around. It creates more monopolies. Cooked as consumer.

[@hansottawa74]

Well for the shake of patriotism, I believe those Americans under Trump will willing to work for free or a slice of bread. It such an honor to work for the comrade Trump and contribute for the brighter and prosperous future to achive the common goal to conquer the world. Long live Comrade Trump !! The people of the democratic republic of the USA are proud of you.

[@paulglover6525]

@@hansottawa74 Maybe you should move to Russia and see who is the better comrade.

[@xxyyzz8464]

And most companies are not going to invest hundreds of millions or more moving to the U.S. to have less efficient, more costly higher priced operations just to have to shut them down in less than 4 years once Trump is gone and someone with half a brain takes over.

[@ChristoMc-z7t]

What’s behind the tariffs? Amongst the noise about immigration and drugs, Trump has told you. It’s about America living outside its means with massive deficits and ballooning debt, and rather than take responsibility for that, the US thinks others should pay (when US consumers will) for it to continue to live outside its means, while it abolishes income tax, largely to the benefit of the wealthy.

[@Sometimes7453]

😂😂😂😂 u r a more on

[@daylightmoon7285]

The EU already has a 15% to 20% tax (hidden tariff) on American products and services. Canada taxes American products. The taxes include the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Canadian tariff-rate quotas (TRQs) remain in place on American dairy and poultry. Mexico has increased tariffs on certain goods, including those imported from the USA. A real journalist would have researched this.

[@katiecannon8186]

America, like Canada - but unlike the euro using countries - owns its own central bank. It just prints dollars Bonds are just a savings account at The Fed.

[@strombouts]

​@daylightmoon7285 Joint Statement of the United States and the European Union on a Tariff Agreement United States Trade Representative Robert Lighthizer and European Union Trade Commissioner Phil Hogan today announced agreement on a package of tariff reductions that will increase market access for hundreds of millions of dollars in U.S. and EU exports. These tariff reductions are the first U.S.-EU negotiated reductions in duties in more than two decades. Under the agreement, the EU will eliminate tariffs on imports of U.S. live and frozen lobster products. U.S. exports of these products to the EU were over $111 million in 2017. The EU will eliminate these tariffs on a Most Favored Nation (MFN) basis, retroactive to begin August 1, 2020. The EU tariffs will be eliminated for a period of five years and the European Commission will promptly initiate procedures aimed at making the tariff changes permanent. The United States will reduce by 50% its tariff rates on certain products exported by the EU worth an average annual trade value of $160 million, including certain prepared meals, certain crystal glassware, surface preparations, propellant powders, cigarette lighters and lighter parts. The U.S. tariff reductions will also be made on an MFN basis and retroactive to begin August 1, 2020. “As part of improving EU-US relations, this mutually beneficial agreement will bring positive results to the economies of both the United States and the European Union. We intend for this package of tariff reductions to mark just the beginning of a process that will lead to additional agreements that create more free, fair, and reciprocal transatlantic trade”

[@lynqonX]

The Fed isn't government owned. It's a private institution. Research it. ​@@katiecannon8186

[@jamess9808]

When Canadians go shopping and see how expensive these American goods are they just simply will not buy it and choose the cheaper alternative

[@xxyyzz8464]

Canadians should boycott U.S. goods and services whenever possible out of solidarity with their nation during this time of economic war. To buy American right now would be treasonous.

[@릴드-j7v]

LoL Expect much more inflation than Biden

[@ninemoonplanet]

You will find out, likely very soon who's record on inflation and prices were the better ones.

[@Lysandra-8]

​@@ninemoonplanetWhat are the current prices for eggs? I hope he kept his promises😂

[@charlesndo3148]

Biden end of presidency was stabilizing inflation. Trump for no reason just started a trade war 😅

[@OghenenyoreProsper]

​@@Lysandra-8Bro u don't know,all of you keep saying eggs is it only eggs that available, this just his first week in office

[@Lysandra-8]

@OghenenyoreProsper ok, lower the egg prices might be more difficult. How about his promise to end the war in ukraine on day one?

[@vwboy2012]

Why didn't he tariff the enemy countries?

[@liqiangrui7384]

which country？I dont think the US have any specific enemies right now.

[@screamoguy100]

@@liqiangrui7384 Well Canada is one apparently, and so is Mexico. Lets see how the US likes being cut out of all future trade agreements on a global basis....better quality, cheaper prices...whats not to like? See ya donny, have fun playing in your sandbox with Rocketman and Vlad....lol

[@SpecialOpsss]

He’s tariffed china Iran North Korea and Russia are already isolated

[@Yupa4211]

Because he loves those countries.

[@anilk3165]

bcos he and i want canada to be 51st state of usa

[@BarbaraMia60]

My main concern is how to survive all of these financial and political crisis, especially in light of the US political power scuffle. The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance.

[@MaxineWilliam6513]

True, I have been in touch with a brokerage advisor. With an initial starting reserve of $12k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $110k

[@freetolook3727]

And cutting back on social services to those that need it.

[@ph13t0n]

So, if tariffs are implemented because of drugs - will the money collected go to help those who are addicted or who will these money benefit?

[@firmbutton6485]

Don’t be silly.

[@davidblurton7158]

trumps burgers will be free,,,,

[@ph13t0n]

@@firmbutton6485 I'm not!

[@endlichdrin]

Trump got a better plan: Tax cuts for the rich.

[@firmbutton6485]

@@ph13t0n I know, you’re good matey, trump smells of farts.

[@navajojohn9448]

Control the border on their side and no tariffs. Simple.

[@thomasfrawley5395]

The problem with all of this is that Trump isn’t smart enough to know what he is doing…

[@rohit14353]

At end. Americans end up paying this additional tariffs.. this will lead to inflation. Buying power will decline

[@itsallminor6133]

Trump knows what He's doing.

[@Reprotech730]

Since the Ukraine war started I look at country of origin on anything I buy very carefully. I will avoid US as much as I can now.

[@AnaMaria0209]

Same, and a lot of my friends :)

[@joso7228]

Where is KZbin based?

[@lanceatone]

Start by getting off KZbin

[@petergreen5337]

❤well said and well done

[@samsu9622]

That's a great idea! ❤

[@AutieTortie]

Lolz, Trump doesn't "care about his fellow Americans" 😂😂😂😂😂

[@irshadqasimreal]

Great analysis from the guest.

[@charlesgrant-skiba5474]

And now Putin has more reasons to be happy!

[@ciybersal3499]

China and Russia already knew this. bRICS are there for a reason

[@nuke_Godjira]

Why would he not be? Hes going to get Ukraine soon,

[@shinji1264]

That's why Putin had his bot farms support trump

[@justinwolf7490]

China and Russia won’t last 10 more years.

[@Mman.]

Putin has nothing to do with it.

[@ec5408]

Never give in to a bully. I rather have less money than give in to America. All countries hurt by this hopefully will work together more and shift their markets.

[@lisag9635]

As an American I agree with you completely!

[@whileimhere9971]

Where did people loose the reason for the tariffs? Protect the borders and the tariffs will go away. Sad, all around!

[@pete531]

what about ukraine, would you rather have less money but help ukraine ?

[@ec5408]

@@pete531yes

[@pete531]

@ that s great, today ukraine, tomorrow america, keep having less money because of all these excuses and emotional arguments. ukraine will fall, you will see, time will tell. your donations were in vain

[@freetolook3727]

Thank you Mr President for $10 2x4's. 💸💸💸😂

[@TheSateef]

not just american consumers, american manufacturers depend of Mexican parts and Canadian minerals and energy. expect massive job losses in the US

[@daylightmoon7285]

Canada taxes American products. The taxes include the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Canadian tariff-rate quotas (TRQs) remain in place on American dairy and poultry. Mexico has increased tariffs on certain goods, including those imported from the USA.

[@Sometimes7453]

😂😂😂😂😂😂😂

[@gehwissen3975]

Thank you DT. Who else would have had the power to ruin the US... ... in month?

[@mikeb5664]

9 million American jobs rely on trade with Canada. I'm sure its a similar number for Mexican trade.

[@mikeb5664]

@@daylightmoon7285 Its all covered in the free-trade agreement. Trump is illegally breaking that agreement if he applies tariffs to anything in that agreement.

[@borisreljanovic7292]

Only 10 % tarrifs on China makes sense. It would make his MAGA merch more expensive. But Trump definitely needs to put some serious tariffs on whoever did his eyebrows. That"s a MUST...

[@Kev42501]

I was going to say it would keep the price of books imported from China low for MAGA, but they’ll have to learn how to read first 😅

[@AutieTortie]

Something tells me YOU also don't fully understand how tarriffs work...

[@happymelon7129]

10+13 = 23% 😅 China has raised(9%-13%) prices on its exports to the United States. Decoupling... 2024 - China to reduce or cancel export tax rebates for various products , effective from Dec. 1.

[@NamNguyen-xe6ed]

I voted for trump 😢.. he fooled us!

[@That_Annotate-dw1xv]

I predict that domestic manufacturers will raise their prices but stay just below those imported. The price will go up no mater what.

[@doublesid1395]

Thats exactly whats gonna happen

[@b.7944]

Yes exactly

[@kirandevi8199]

*Canadian Mountains* not something U.S infantry want to cross especially during drone warfare it will be hard to conquer Canadian land.

[@daylightmoon7285]

You are off topic. This is about tariffs.

[@daylightmoon7285]

Canada taxes American products. The taxes include the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Canadian tariff-rate quotas (TRQs) remain in place on American dairy and poultry.

[@patrickwilson2650]

I don't believe the American military would carry out any orders to invade Canada.

[@strombouts]

​@daylightmoon7285 So what? So do you.

[@mikeb5664]

@@daylightmoon7285 Canada taxes all products. And the taxes you list are not paid by Americans. So you don't have a point.

[@nabinjangthapa502]

Canada & Mexico should join BRICS

[@markdc1145]

They will now.

[@DeanBolton-m8u]

@@nabinjangthapa502 do you really want to be run by china

[@FllixRouge]

Pure Idiocy????? 😅

[@boiscooka232]

U don't like Democrasy?

[@charlesgrant-skiba5474]

Not pure, rather extraordinary contaminated...

[@cyberfunk3793]

Well it's a benefit for the US in the long run obviously, reputation wise not, but economically yes.

[@nigelgarrett7970]

​@@cyberfunk3793 Who pays the tariffs?

[@Kessoku]

chyna of course

[@lynneSpiration]

Ridiculous. We will all suffer. I'm sorry from the us

[@wolcek]

Canada - EU will be happy to supply you with what you need. And buy your oil, too.

[@MrStanJ66]

Wake up!

[@ulooqulg]

CANADA , dosent hv adequate Port facilities for EXPORT..😂. Its been exporting thru America... What a clown ... government. They will submit n kneel...

[@911thom9]

Unbelievable treathement of one of the USA’s most loyal partner.. time will tell but countries will adapt !

[@honved1]

@@ulooqulgif only port facilities could be built

[@ragnaraxelson59]

🤝

[@balakrishnan-ku9ms]

CHINA if you see this message ,pls help your good canadian friends we are waiting for you!!!!!!!!

[@patatebanine4278]

Canada will bans Tesla and replace it by BYD or Chery

[@Omegacrafton]

China is already helping you in Galvan and northeast😂😂

[@gooner3654]

China: which Canada?

[@hydronpowers9014]

Canada can become a Chinese state 😂

[@mikedonovan4434]

With the tariffs, fruit and veg imports from South America will increase dramatically. Already seeing the majority of imported commodities at Costco from Brazil, Ecuador, Argentina, Peru and Chile.

[@darylwilliams7883]

As a Canadian I feel like someone who walked out of his house in the morning and found his car smashed by a piece of space junk that fell from the sky.

[@cathymillage6903]

Things falling from the sky may not be the best analogy to use with USA these days. 😮😢

[@darylwilliams7883]

@@cathymillage6903 Sorry, that was in poor taste. Canadians just can't stop saying 'sorry'. :)

[@matrixberzins465]

Please sell your gas and oil to us - to EU. We need good and strong partner where we can get long term contract with gas and oil! saying that as Latvian and we will even have time to play ice-hockey time after time. :D

[@zakariyeyahye5566]

The greedy multinational corporations must end their exploitation of the vulnerable and the poor of the developing world.

[@skillfulfighter23]

Got it, so you want your children to manufacture iPhone parts for a $4000 iPhone when they grow up?

[@Cos_Why_Not]

No.

[@toirmetalshaping]

Why doesnt the guy you all voted for secure the border like Trump asked? Really easy. . . . Tru-dope is the problem.

[@iremiposiajayi122]

I smell inflation brewing ….

[@daylightmoon7285]

Might be Covid you smell. Everything looks deflationary. Not because of Trump but because techology is very deflationary. Trump will let tech innovate and develop.

[@itemushmush]

@@daylightmoon7285 you really are a dolt in these comment threads lol

[@JohnDoe-pk2hs]

​@@daylightmoon7285 Now who's off-topic? I've seen less malice in a convict.

[@jcancino630]

@@itemushmushikr 😂😂😂

[@jcancino630]

@@daylightmoon7285you got chatgpt working 24/7 eh

[@droneview995]

That would mean higher price for Americans ?

[@Dangic23]

Yes. Don’t understand why people can’t grasp this super simple concept

[@Palazzinappa]

Yes indeed. Use google properly and you will find out 😂

[@Aleph-alpha]

Yes, that’s the point of tariff. Imported goods are more expensive so the domestic manufacturers will be more competitive, IF there’re still some.

[@michaelc3106]

Only if we want to purchase the Canadian products the tariffs is associated with. We have so many selections so I doubt it. American outsiders hope it would hurt but I guess they haven’t seen how many of everything we have over here. Tariffed products are gonna sit on the shelf. Canada shouldn’t do this and I really hope they don’t. We won’t have border restrictions so come get groceries in the US until this is over.

[@mkscourger9593]

@@Dangic23 he wants to mitigate the inflationary effect of tariffs by reduction in income taxes. It would be an economic experiment. No Economist can quantify the net effect (positive or negative)on end consumers until the data is released.But those guys who don't fall in any tax bracket , for them it's negative effect only

[@arthur1670]

12:08 why doesn’t Canada put an export tariff of 25% on oil as well?

[@rossbaker9721]

A colleague of mine at work said that trump was going to force lower interest rates from the central banks. I could only stare at her in disbelief…

[@katiecannon8186]

Trump supporters hate low interest rates (“free money”) under Democrats But love low interest rates under Republicans. Anyway, Trump definitely will pressure The Fed to keep interest rates low.

[@daylightmoon7285]

Speculation! Not fact.

[@katiecannon8186]

@ Trump pressured The Fed to keep interest rates low in his first term. And has already done so both during his campaign & in the last few days. I’d suggest you try to figure out who prints that dollar in your pocket that you can use to pay your bank back & pay tax. You’re deeply confused

[@iancouper3644]

Given that trump wants control of the feb bank back in Washington that makes sense.

[@katiecannon8186]

@ Trump has already pressured The Fed to lower interest rates

[@rajatwtf]

Suddenly these experts believe in free market capitalism 😂😂😂

[@ImagePointProductions-b6r]

So, are we re-living the Great Depression of the 1930s?

[@anilk3165]

Best solution is joining with US and become world's no.1 country instantly. Canada alone cannot beat US in 10000 years.

[@brb__bathroom]

@@anilk3165 I bet the Romans said something similar a few thousand years ago

[@anilk3165]

@ Y r u thinking so deep. US is land of opportunities which is universal fact. If you want better life, joining is best option..who else will get this offer from US? It’s a boon for Canadians to get this offer…

[@nafalyno7284]

America destroy it self😅

[@vincentvega999]

as a european i would love to bid mexico and canada welcome in our trade zone if the us wants to hurt itself let them do it!

[@waynesimpson4081]

The professor is right: this is more about instituting a consumption tax to cut income tax for the wealthy. The right has long talked about a national sales tax to eliminate income tax, but a national sale tax is politically impossible, but tariffs are.

[@franceyneireland1633]

Trump promised tax cuts for the wealthy, Trump believes he can make up the tax loses by tariffs. The US companies importing will have to pay the tariffs, those importers will pass the costs of the tariffs on to the consumers. Which results in the US consumers will be paying for the tax cuts to the wealthy Americans.

[@cathymillage6903]

Yes It's all there in PR0j€π 2025. 😮😢

[@KonstantinRuhpriya]

This is the disadvantage of only having one single major trading partner 😞

[@ldo1308]

We have more than one

[@daylightmoon7285]

The EU already has a 15% to 20% tax (hidden tariff) on American products and services. Canada taxes American products. The taxes include the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Canadian tariff-rate quotas (TRQs) remain in place on American dairy and poultry. Mexico has increased tariffs on certain goods, including those imported from the USA. A real journalist would have researched this.

[@KonstantinRuhpriya]

@ other nation may not

[@KonstantinRuhpriya]

@@daylightmoon7285 Nice. May I know the source?

[@encabsss]

@@ldo1308 we have more but 78% of our exports goes to 🇺🇸

CHINA , CANADA JUST RETALIATED AND IS SLAPPING 75% TARRIFFS ON AMERICA AND GIVING THEIR OIL TO NATO NATIONS MINUS AMERICA. THANK YOU, TRUMP. YOUR ADDERAL IS AFFECTING YOUR REASONING.

[@Debb4h]

Six months later, you wont be able to buy a loaf of bread for 10 bucks. See you in August.

[@stiofain88]

Obviously badly, but everyone has had time to prepare for this. If the EU, Mexico and Canada haven't made plans to trade more between ourselves that's on us.

[@GalinaDimitrinova]

EU buys from USA mainly tech stuff. No problem to give up on that!

[@BonaNitooo]

True, but easier said than done. No point (say) buying car parts from Germany when what your industry needs are (say) machine parts from the US. Industry would need a long time to adapt to this and seems everyone was waiting to see if Trump would really do it (I mean, understandably, he says a lot of stuff and difficult to know what’s bluster).

[@stiofain88]

@GalinaDimitrinova Pretty sure Singapore, Japan and South Korea sell tech stuff.

[@BonaNitooo]

@ ye. Well done. You solved it.

[@GalinaDimitrinova]

@@BonaNitooo haha so do like me😀switch to bike. It's cheaper and you are not really worried about economy 😁not to mention about health benefits 😂

[@jekabskarklins]

I think the EU and Canada should have stronger economic collaboration

[@truuee9016]

"This is one way to distract people and achieve the same ends" exactly. He's taxing the average man so that the super rich pay even less taxes, but he's doing it indirectly.

[@freetolook3727]

The right balance of the rich and the ignorant! 😂

[@truuee9016]

@freetolook3727 yep

[@ltho5616]

If he ruins the economies of US trading partners, then they will buy fewer American made goods.