Trump Tariff will Kill the Economy
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Yep Trump did that
Mexico Drops Hefty New Tourist Tax After Backlash—What This Means for Travelers
Melissa Copelton
Mon, May 12, 2025 at 3:58 PM EDT
1 min read
Bad news: If you’re traveling to Mexico on a cruise ship, you’re going to incur an additional cost. Good news: The payment won’t be as steep as originally planned.
In an attempt to generate revenue, the Mexican government initially planned to impose a $42 immigration fee on each cruise ship passenger, regardless of whether or not the individual disembarked from the ship.
After significant backlash from the cruise ship industry, the Mexican government has reached a compromise of $5 per passenger beginning on July 1 of this year. This fee will increase to $10 per passenger from August 2026 to July 2027. Thereafter, it will rise to $15 per passenger until August 2028, when the fee will be $21 per passenger. Travelers will be responsible for these fees.
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The US is grappling with a deepening tourism crisis as tensions with Canada—fueled by new tariffs, political rhetoric, and heightened border scrutiny—have triggered a dramatic collapse in Canadian travel. Flights have been slashed, road crossings have declined sharply, and future bookings have plummeted, resulting in millions of dollars in lost tourism revenue. Once-reliable streams of Canadian visitors, who traditionally account for the largest share of international arrivals, are now drying up amid fears of detainment, device inspections, and broader disapproval of U.S. policies. These disruptions are severely impacting key tourism economies, especially in states like California and Minnesota, compounding the country’s border woes.
The US is experiencing a significant decline in Canadian tourism as geopolitical tensions, new tariffs, heightened border scrutiny, and growing fears about deportation and device inspections at ports of entry deter travelers. This growing rift between the U.S. and its northern neighbor is manifesting in severe economic repercussions, particularly in border states and tourism-dependent regions like California. With airlines slashing flights, bookings collapsing, and long-time visitors canceling travel, the impact on state and municipal economies is becoming increasingly dire
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What a F Nut Case
🚨 Trump threatens the European Union with a massive 50% tariff, rattling global markets. 🇺🇸📉 Will a new trade war begin on June 1? Here’s what we know so far ⬇️
NBC News reports that former President Donald Trump has threatened the European Union with a sweeping 50% tariff, citing a lack of progress in trade negotiations between the two global powers.
In a post on his Truth Social platform, Trump declared, “I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.” This proposed rate surpasses the 39% tariff he floated earlier on April 2—what he called “Liberation Day.”
The announcement triggered immediate reactions from global financial markets. European stock exchanges were hit hard, with key indices in Germany, France, and the U.K. recording significant losses. Market analysts point to investor fears over a potential trade war and the broader economic impact such a tariff could have on transatlantic commerce.
The European Union is the second-largest trading partner of the United States, with hundreds of billions of dollars in goods and services exchanged annually. Trump’s proposed tariff could severely disrupt industries on both sides of the Atlantic.
In response, the European Commission’s trade chief is scheduled to meet with the U.S. Trade Representative in the coming days to address the escalating tensions and seek possible resolutions.
#InTheNews #GlobalEconomy #TariffTalks #TrumpNews #EuroMarkets #PoliticsToday #June2025 #EUUpdate #WhiteHouseWatch
😎 1Comment
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What a F Nut Case
🚨 Trump threatens the European Union with a massive 50% tariff, rattling global markets. 🇺🇸📉 Will a new trade war begin on June 1? Here’s what we know so far ⬇️
NBC News reports that former President Donald Trump has threatened the European Union with a sweeping 50% tariff, citing a lack of progress in trade negotiations between the two global powers.
In a post on his Truth Social platform, Trump declared, “I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.” This proposed rate surpasses the 39% tariff he floated earlier on April 2—what he called “Liberation Day.”
The announcement triggered immediate reactions from global financial markets. European stock exchanges were hit hard, with key indices in Germany, France, and the U.K. recording significant losses. Market analysts point to investor fears over a potential trade war and the broader economic impact such a tariff could have on transatlantic commerce.
The European Union is the second-largest trading partner of the United States, with hundreds of billions of dollars in goods and services exchanged annually. Trump’s proposed tariff could severely disrupt industries on both sides of the Atlantic.
In response, the European Commission’s trade chief is scheduled to meet with the U.S. Trade Representative in the coming days to address the escalating tensions and seek possible resolutions.
#InTheNews #GlobalEconomy #TariffTalks #TrumpNews #EuroMarkets #PoliticsToday #June2025 #EUUpdate #WhiteHouseWatch
Trumpy is a top scale moron.👍 1Comment
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