this post was submitted on 02 Feb 2025
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Summary

Trump signed an executive order imposing 25% tariffs on Canadian and Mexican imports—excluding Canadian energy at 10%—plus additional duties on Chinese products.

In response, Prime Minister Justin Trudeau announced a 25% duty on $155 billion in U.S. goods, beginning with $30 billion in tariffs Tuesday.

Mexican President Claudia Sheinbaum indicated reciprocal tariffs, rejecting claims that Mexico tolerates criminal groups trafficking fentanyl and insisting on respect for sovereignty.

Experts warn these tit-for-tat measures could drive up costs, disrupt supply chains, and mirror the previous U.S.-China trade war, possibly harming security.

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[–] whats_all_this_then 33 points 2 weeks ago* (last edited 2 weeks ago) (9 children)

Dunno enough to know how well it'd work but I read a comment here the other day saying Canada and Mexico shouldn't retaliate with tariffs but instead opt out of their side of UMCA and just not uphold US IP laws. They could individually or together invest heavily into forming companies that provide cheaper alternatives to whatever crap US companies pull for recurring revenue. Stuff like legally mandating that phones have a local-made app store pre-installed, subsidizing or outright investing in really well made and well maintained jailbreaks, third party repairs, and third party spare parts for stuff like John Deere products, Apple produccts, Tesla products...pretty much eat the tariffs on exports to the US, don't retaliate with own tariffs so prices locally don't go up, but hurt US profits everywhere else by becoming a provider of cheaper but still reliable (probably more reliable tbh) alternatives to anything US.

I'm kinda disappointed that's not what's happening rn

Edit: USMCA, not NAFTA

[–] [email protected] 3 points 2 weeks ago (1 children)

In reply to your edit: it's CUSMA if you want to annoy Trump :)

[–] whats_all_this_then 2 points 2 weeks ago

Love it, but CMUSA is better because alphabetical.

But also I get the feeling he'll take Mexico coming before the US personally :P

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