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.

(page 2) 21 comments
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[–] [email protected] 120 points 1 week ago (3 children)

This fucking clown is going to push the whole world into a new recession.

[–] MyPornViewingAccount 64 points 1 week ago

Trump Depression by 4th of July

[–] [email protected] 51 points 1 week ago (2 children)

That way the rich capitalists can buy up EVRRYTHING at fire sale prices!

[–] [email protected] 29 points 1 week ago

Remember when Biden was doing all he could to keep things in one piece while all the newspapers were trying to doom and gloom us into a recession just after the Great Resignation?

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

Stability is bad for business

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[–] TingoTenga 9 points 1 week ago (1 children)

The Great 1929 Recession boosted conservatives.

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[–] DicJacobus 48 points 1 week ago (11 children)

Good morning American Neighbors. Have you classified me and mine as threats to your ~~world hegemony~~ National security yet?

[–] [email protected] 28 points 1 week ago (2 children)

please, just put us out of our fucking misery. PLEASE.

[–] DicJacobus 16 points 1 week ago (1 children)

too busy keeping an eye on our own fifth column, and potential collaborators/quislings should things go "there" .

Considering Trump's reaction to retaliation against his own divine authority, is to flip the fuck out and escalate.

"HOW DARE YOU RESIST"

[–] [email protected] 14 points 1 week ago

I wish you the very best. know that many, many, many of us consider you to be true friends and neighbors. please be there and sane should we manage to reverse this disaster. we will need you.

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[–] SinningStromgald 3 points 1 week ago

Coming soon.

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[–] [email protected] 30 points 1 week ago* (last edited 6 days ago) (8 children)

Can he also tell Google to NOT show both "names" for Gulf of Mexico in his country? This could spark a wave of international boycott of Trump's petty bullshit. Yes, it's a minor thing but could hurt Trump's ego more than the whole economy thing.

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[–] JeeBaiChow 15 points 1 week ago

Trump: wait, they can DO that?

[–] [email protected] 14 points 1 week ago* (last edited 1 week ago) (2 children)
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[–] Ensign_Crab 4 points 1 week ago

Wonder who will be the first with sanctions.

[–] arunshah240 2 points 1 week ago

Good response, world politics goes wild

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