this post was submitted on 31 Jan 2025
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Summary

Trump announced that 25% tariffs on imports from Canada and Mexico will take effect on February 1, though a decision on including oil remains pending.

He justified the move by citing undocumented migration, fentanyl trafficking, and trade deficits.

Trump also hinted at new tariffs on China.

Canada and Mexico plan retaliatory measures while seeking to address U.S. concerns.

If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump's pledge to reduce living expenses.

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[–] [email protected] 175 points 1 week ago (3 children)

If oil is excluded the truly boss move on Canada & Mexico's part would just be to introduce a 25% export premium on those products while the tariffs are in effect.

[–] [email protected] 46 points 1 week ago

Exactly, clearly they'll still pay for it if it's important enough to exempt. In Canada's case we could give Alberta the extra revenue just so they won't get too cranky.

[–] r0ertel 38 points 1 week ago (10 children)

Canada's boss move is to remove the intellectual property laws that the US asked for and let Canadian companies and consumers thrive again.

Canada shouldn't retaliate with US tariffs

[–] [email protected] 19 points 1 week ago

This would be beautiful. I remember when there were mod-chip stores beside internet cafes, where i could bring my xbox and pay to have a chip and a hard drive installed that let me copy any game i wanted from a rented disk or downloaded off the internet right onto the console. I still have that console and pulled it out during quarantine to make use of the huge library of games on the hard drive. Having this sort of freedom for all types of goods and electronics would be incredible, but i doubt it will ever happen.

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[–] Anamnesis 122 points 1 week ago (1 children)

A friend of mine works for an electric semi truck company. The vast majority of their parts are manufactured in Canada and Mexico; they're just assembled in the US. His mom voted for Trump and really wants him to move back to Ohio so he can have space and be close to family. He wanted to go back, too, and had a transfer and promotion within the company set up before the election. Now there's a company-wide freeze and his transfer is gone. The company's internal financial projections are not good.

His mom refuses to recognize that she just voted for her son to stay in Seattle indefinitely, even though he wants to move back. She keeps thinking that any day now, the economy will be so booming that his company will be doing great. He can't talk to her about it anymore.

[–] [email protected] 81 points 1 week ago (6 children)

Why the fuck would you want to go back to Ohio?

That state sucks balls.

[–] Dogiedog64 21 points 1 week ago (2 children)

I have been to Ohio exactly ONCE, and I can confirm that the state does in fact suck balls. It's so fucking FLAT...

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[–] captainlezbian 15 points 1 week ago* (last edited 1 week ago)

Can confirm am leaving it to move to Seattle funnily enough

For real though, aspects of Ohio are awesome. Republicans ruined it though

[–] Bytemeister 14 points 1 week ago (4 children)

Has the second best CoL/MedianSalary ratio in the US. Ironically, the only state I saw that was consistently better was Michigan.

Plus we have Hocking Hills, which pretty consistently showed up on r/earthporn. If you want flat, we've got flat. If you want hills and mountains, we've got Appalachia.

[–] captainlezbian 15 points 1 week ago

Yeah but any time the state does anything good by ballot initiative the state government does something regressive out of spite

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[–] [email protected] 113 points 1 week ago (5 children)

Part of me thinks this is so they have an easy way to drop prices after people get used to everything costing more, but I'm sure it's mostly just trying to destroy the the US's relationship with it's most important allies.

[–] [email protected] 77 points 1 week ago (1 children)

Part of me thinks this is so they have an easy way to drop prices after people get used to everything costing more

This is a technique commonly employed by Sisi in Egypt so while it'd be surprising that America sunk that low that quickly I can see it happening. And by the way, yes America is now being compared to Egypt out of all countries so... Uh... Good luck.

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[–] Hobbes_Dent 47 points 1 week ago (1 children)

It’s already destroyed.

Not by him, his threats and tariffs are old news. By the people - The People, the royal We - who actively, unironically and with great power of democracy, chose an aggressive, compromised, and stupid fascist with ample evidence that this, hate, and war were a consequence.

Because the hate and apathy was stronger I guess. For electing a woman. For people being bullied by a juvenile government wielding adult violence for who they aren’t - a cis white right male.

They went to the dark side and joined a tri-polar world of evils to bully and rape the rest of us until we all burn to death. So yeah.

Never again.

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[–] the_tab_key 22 points 1 week ago (2 children)

Part of me thinks this is so they have an easy way to drop prices after people get used to everything costing more

Trump is running the US the same way I ran my cities in SimCity2000

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[–] kreskin 88 points 1 week ago (6 children)

Its Americans trying to buy food who will be hit with a 25% tarriff, not Mexico. And Mexican farmers wont see a dime of that revenue, if anything they will see a decline in revenue as people stop buying the products. It all goes to the US treasury.

[–] [email protected] 52 points 1 week ago (2 children)

Canada and Mexico are still part of that North American free trade agreement thing. We (Canada) will just get our food from Mexico and South America like we've always done. We'll just skip America.

[–] [email protected] 24 points 1 week ago (1 children)

back in the first episode, lord diaper whined, and whined and shit on nafta, forcing it to be 'renegotiated' by him. he just had to have his name on everything.

nafta was a long time in the making, from reagan, to bush, to clinton when it finally went into effect. it had bipartisan support in congress, a little stronger from the right.

undone by a single shart from an orange moron that leaked, and then magically 'fixed' by the same..

in the end, what mr. art-of-the-fucking-deal managed to 'negotiate' is almost entirely the same as the nafta he hated so much.

now he's shitting on his own fucking deal. fuck'm.

i fully support your efforts to avoid our products and companies for the next few years. and if anyone up there wants to come renovate the white house again...... i won't be in your way.

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[–] T00l_shed 18 points 1 week ago (12 children)

Yeah, as a Canadian I'm down with strengthening our trade with Mexico.

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[–] [email protected] 35 points 1 week ago (9 children)

I live in Texas, and it's hard to overstate how much of our produce is imported from Mexico. This would be an almost immediate 25% price hike on food that basically can't be grown at scale here because we don't have Mexico's climate. Surely he'd exempt food from whatever he's about to do. Right...?

[–] whostosay 20 points 1 week ago* (last edited 1 week ago) (4 children)

Will it benefit the average person? If the answer is yes, you can take it off the list.

Even if it benefits the rich, it would have to exponentially hurt the average American more for it to be considered. They've already turned their nose up at studies that have proven better working conditions, pay, and benefits would make them richer in the long run because it takes a little bit of control away from them. These people are sick, and the only thing that is going to correct it at this point is a violent uprising.

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[–] [email protected] 13 points 1 week ago

"surely he'd exempt X from..."

Exact same reflection as all the people who depend on migrant workers that voted for him only for the bubble to burst in their face.

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[–] [email protected] 64 points 1 week ago (1 children)

I can't wait for mainstream business media to attempt to explain this rationally while keeping a straight face AND still bootlicking at the same time.

I don't envy that job.

[–] [email protected] 60 points 1 week ago

Lol, do it, bitch. Bet you'll chicken out of this one too.

[–] [email protected] 58 points 1 week ago (16 children)

If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump’s pledge to reduce living expenses.

Does anyone honestly think Trump meant anything he said while he was campaigning? It was obviously all just saying what people wanted to hear. He basically said as much himself. Pretending otherwise is just legitimizing lies and propaganda.

[–] [email protected] 32 points 1 week ago

Yes, he meant several things while campaigning. Like destroying trans peoples lives, freeing nazis, and punishing those who deigned to attempt to hold him accountable for his many crimes. Oh also for destroying climate protections, deporting brown people, shall I go on? All the things like lowering prices? No absolutely not. That would benefit regular Americans and not hurt minorities, so it doesn’t make the list

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[–] [email protected] 52 points 1 week ago (4 children)

Someone make this into that Gru meme:

  1. Slap a 25% tarrif on goods coming from your 3 biggest economic allies
  2. Economy will strengthen due to American consumers preferring American made alternatives
  3. There are no American made alternatives
  4. There are no American made alternatives
[–] [email protected] 27 points 1 week ago (2 children)
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[–] [email protected] 45 points 1 week ago

I was going to give up eating this year anyway. Food just takes too long to buy, cook & eat.

[–] MothmanDelorian 43 points 1 week ago (3 children)

Great so now my food will cost even more?

[–] Snowclone 53 points 1 week ago* (last edited 1 week ago) (3 children)

WAY more. We import a lot of food from Mexico as is, and the immigration and ethnic clensing the Trump goverment is engaging in is already forcing farmers to watch their crops rot on the ground with no one to harvest them. So we're following in the great tradition of Stalin and Pol Pot, we have a dumb fucking asshole with a hard on for ''strong man tactics'' demanding we change how we get food in many extreme ways immediately, you know, instead of gradual change, so we'll all get to see what an artifical famine looks like! Do you think Trump will let other nations send us emergency rations so we won't die? Or will he confiscate them at a dock or border and have them dumped into the ocean so he doesn't look weak? North Korea knows.

[–] [email protected] 15 points 1 week ago

We also export a hell of a lot of soybeans, so when retaliatory tariffs kick in I guess our new ultra-masculine conservative government is going to have us all eating lots and lots of soy.

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[–] mycelium_underground 20 points 1 week ago (5 children)

I can't believe some people think that putting tariffs on a country means the country will just give the government 25% of everything and the merchants of that country are not just going to raise the prices to match the new expenses(or maybe even a little bit more since they have a good excuse to change prices).

I guess I can stand to eat a bit less, we can call it the economic collapse of the US diet! Just think of all the profits from the diet books! To bad they are going to cost 30% more now that my Mexican publisher is paying a tarrif to bring the books into the US. That's OK, spending more money on the book just means that you won't be able to afford as much food, making the diet work even better!

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[–] x00z 26 points 1 week ago (2 children)

Just like the war on drugs, you'll be able to buy black market tacos in alleys.

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[–] [email protected] 25 points 1 week ago* (last edited 1 week ago) (1 children)

If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump’s pledge to reduce living expenses.

First time around, with the trade war with China, he had the federal government cut checks to affected farmers. I don't know the form that took, but during COVID-19, he had stimulus checks sent out -- with his name on them -- to the broader public.

So, that's presumably to make sure that they associate him with the check. I understand that sending out gifts to the public with your name attached isn't uncommon around election in some countries with kinda sketchy political systems.

One imagines that he might do a repeat. Most people don't seem to have a great handle on what drives inflation, from polls I've seen. If you figure that you get political points for sending out checks but don't lose as many political points for raising prices because people don't associate you strongly with those costs, that might be an advantageous political move; add tariff, which generates revenue to federal government, then send money to some approximation of impacted people with name attached. It's economically-inefficient, but...

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[–] [email protected] 19 points 1 week ago (1 children)
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[–] [email protected] 19 points 1 week ago* (last edited 1 week ago) (5 children)

I'm sad seeing all these "Enjoy the collapse, losers!" comments.

Most people on most Lemmy instances, especially here, probably made it VERY clear we didn't want this pathetic handbag-hobgoblin in charge. Yes, a lot of our countrymen voluntarily gave up their brains for his bullshit, but not all of us, by a long shot.

Policy stopped being directed by the will of the people a long time ago. We aren't levying tariffs. He is. We , human beings just like you, are trying to keep it together as a grotesque parody of the fall of the Roman Empire plays out around us.

Stop falling for that tribalist nonsense. Love has no borders, and hate is too busy drawing them. Support your brothers and sisters on this Earth, because when the evil wealthy masters of this world set their sights on your democracy, it could happen to your home just as easily, don't be fooled.

Edit: I've gone over my comment multiple times...where the heck did I even insinuate I didn't vote? We only get one, and like many others, I said a prayer and ticked the box for Kamala's half-hearted efforts to stopgap and buy us more time to fix this thing. For all the friggin' good it did.

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[–] [email protected] 18 points 1 week ago* (last edited 1 week ago) (2 children)

What an idiot he is.

Plot twist: Trump is just looking to see if the Americans can stand up for themselves. If they remain silent and do nothing, he will continue to tighten the screws.

P.S. Need to take out a loan for Trump passport at 146% APR, lol

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[–] werefreeatlast 17 points 1 week ago (11 children)

I love how old the orange asshole looks in the photos. Hopefully things just work out in our favor soon. It could be a permanent sleep or maybe a nice golf ball to the forehead or choked on a pretzel. I think we should probably place some ...legal... Bets on how it all goes down? It shouldn't that that long. I remember when my Grandma looked like that and we buried her a few months later.

[–] prof_wafflez 15 points 1 week ago (1 children)

It's not like this buffoon being gone will stop the rest of the out-of-their-minds and now fascist Republicans or Muskrat from continuing the work.

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[–] [email protected] 17 points 1 week ago (3 children)

I'm morbidly fascinated to see how all of this shakes out.

Everyone on the left is saying it's a terrible idea with very predictable and deleterious consequences.

Trump seems to think it's as great as it sounds at face value - tax things that sound bad and get money.

Either way it will be a feature of economics text books for centuries to come.

Obviously I want to see Trump fail spectacularly, but it fucking sucks that would harm those of us who can least afford it.

If you went shopping last week and half value of your purchases originated in Canada or Mexico, then will the same purchases next week cost 12.5% more ? That's pretty staggering inflation

[–] kava 13 points 1 week ago* (last edited 1 week ago) (2 children)

i come from a tariff heavy country. you want a sneak peak? inflation. shit is gonna get more expensive. that's it

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[–] inclementimmigrant 14 points 1 week ago (1 children)

May the American people enjoy the fruits of their voting and sitting on their asses.

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