Trump Tariff will Kill the Economy

[Copier Addict]

Officials from Canada, Mexico and China have warned US President-elect Donald Trump's pledge to impose sweeping tariffs on America's three largest trading partners could upend the economies of all four countries.

"To one tariff will follow another in response and so on, until we put our common businesses at risk," Mexico's President Claudia Sheinbaum said.

Trump vowed on Monday night to introduce 25% tariffs on goods coming from Mexico and Canada and an additional 10% on goods coming from China. He said the duties were a bid to clamp down on drugs and illegal immigration.

Canada's Prime Minister Justin Trudeau said he spoke to Trump in the hours after the announcement and planned to hold a meeting with Canada's provincial leaders on Wednesday to discuss a response.


Yep the Trump shit show

I'm now starting to understand how trumpy was able to bankrupt six businesses.
He doesn't have a clue how economics works.
It's really too bad he got rid of all the adults around him.
Now all we have is his severe cognitive impairment to look forward to.

[BillyCarpenter]

I'm now starting to understand how trumpy was able to bankrupt six businesses.
He doesn't have a clue how economics works.
It's really too bad he got rid of all the adults around him.
Now all we have is his severe cognitive impairment to look forward to.

You need to start to understand that Canada lives next door to the greatest economy and military that the world has ever known. Canada does more business with the USA than every other country combined.

[Copier Addict]

You need to start to understand that Canada lives next door to the greatest economy and military that the world has ever known. Canada does more business with the USA than every other country combined.

That may be true, but it still doesn't make trumpy a good businessman. He's still cognitively impaired and a shitty businessman.

[BillyCarpenter]

That may be true, but it still doesn't make trumpy a good businessman. He's still cognitively impaired and a shitty businessman.

No worries, we have Elon and he's the greatest of all businessmen.

[Copier Addict]

No worries, we have Elon and he's the greatest of all businessmen.

Seriously???????? He offered $40B for Twitter, thinking they would refuse. They accepted and he withdrew the offer and he was legally forced to go ahead with the purchase. That doesn't sound like a great businessman to me.

[BillyCarpenter]

Seriously???????? He offered $40B for Twitter, thinking they would refuse. They accepted and he withdrew the offer and he was legally forced to go ahead with the purchase. That doesn't sound like a great businessman to me.

You're an odd person who thinks Canada is doing good to very good under Trudeau and that the world's richest businessman (Elon) isn't very good at business. Carry on.

[Copier Addict]

You're an odd person who thinks Canada is doing good to very good under Trudeau and that the world's richest businessman (Elon) isn't very good at business. Carry on.

I never said Trudeau had anything to do with it.

[bsm2]

Food, gas and cars could quickly get pricier under Trump’s tariff plan


Americans are finally starting to get relief from inflation, but that reprieve may be short-lived if imports from Mexico and Canada come under fire.

Congratulations

[bsm2]

Carmakers in the U.S. and Europe could lose up to 17 percent of their combined annual core profits in a worst-case scenario if the U.S. imposes steep tariffs on Europe and the key U.S. allies of Mexico and Canada, a report from S&P Global released Friday showed.
President-elect Trump has threatened to impose 25 percent tariffs on all goods from Canada and Mexico, and increase tariffs on China.

Oh Boy higher prices

[Copier Addict]

Food, gas and cars could quickly get pricier under Trump’s tariff plan


Americans are finally starting to get relief from inflation, but that reprieve may be short-lived if imports from Mexico and Canada come under fire.

Congratulations

We're gonna hear from trumpy disciples how inflation under trumpy is a good thing. I can't wait for their arguments about it. Lol

[SalesServiceGuy]

Canadian Prime Minister Justin Trudeau having dinner tonight with Trump at Mar-a-Lago


President-elect Donald Trump is having dinner with Canadian Prime Minister Justin Trudeau Friday evening at Mar-a-Lago, said a source familiar with the meeting .

Some members of Trudeau’s cabinet are expected to join the dinner, said a senior Canadian government official . Trudeau is expected to leave Mar-a-Lago shortly after the dinner.

The meeting comes just days after Trump promised massive hikes in tariffs on goods coming from Mexico and Canada starting on the first day of his administration, specifically calling for a 25% tariff on all products sent to the US.


“One of the things that is really important to understand is that Donald Trump, when he makes statements like that, he plans on carrying them out. There’s no question about it,” Trudeau told reporters during a Friday morning news conference. “Our responsibility is to point out that in this way he would be actually not just be harming Canadians, who work so well with the United States; he’d actually be raising prices for American citizens as well and hurting American industry and businesses.”

Trudeau added that he and Trump will “work together to meet some of the concerns and respond to some of the issues.”

Trump’s punishing tariffs, if enacted, could wreak havoc on America’s supply chains and industries reliant on goods from the country’s closest trading partners.

After the president-elect’s announcement, Trump and Trudeau had a brief call that was focused on border security and trade. A senior Canadian government source characterized the call as productive and said that the two promised to stay in touch in the days to come.

During Trump’s first administration, the US and Canada at times had a rocky relationship, particularly on the issue of trade. Trump used tariffs against Canada during negotiations over replacing the North American Free Trade Agreement.

Many US imports from Canada and Mexico are exempted from tariffs because of the USMCA trade agreement among the three nations that Trump pushed for during his first administration. It’s not clear how Trump would plan to implement the proposed tariffs without violating the USMCA.

Earlier this week, Trump spoke with Mexican President Claudia Sheinbaum for the first time following Trump’s tariff announcement, but they have offered conflicting statements about the call.

Trump said Wednesday that Sheinbaum agreed to shut down the US-Mexico border, but Sheinbaum on Thursday denied doing so.

Sheinbaum has also suggested that Mexico would retaliate with counter-tariffs if Trump went through with his threat.

Trump has faced backlash over his tariff proposal in the recent days, including from President Joe Biden, who called it “counterproductive” and warned it could “begin to screw up” the US’ relationships with Canada and Mexico.

[Copier Addict]

Canadian Prime Minister Justin Trudeau having dinner tonight with Trump at Mar-a-Lago


President-elect Donald Trump is having dinner with Canadian Prime Minister Justin Trudeau Friday evening at Mar-a-Lago, said a source familiar with the meeting .

Some members of Trudeau’s cabinet are expected to join the dinner, said a senior Canadian government official . Trudeau is expected to leave Mar-a-Lago shortly after the dinner.

The meeting comes just days after Trump promised massive hikes in tariffs on goods coming from Mexico and Canada starting on the first day of his administration, specifically calling for a 25% tariff on all products sent to the US.


“One of the things that is really important to understand is that Donald Trump, when he makes statements like that, he plans on carrying them out. There’s no question about it,” Trudeau told reporters during a Friday morning news conference. “Our responsibility is to point out that in this way he would be actually not just be harming Canadians, who work so well with the United States; he’d actually be raising prices for American citizens as well and hurting American industry and businesses.”

Trudeau added that he and Trump will “work together to meet some of the concerns and respond to some of the issues.”

Trump’s punishing tariffs, if enacted, could wreak havoc on America’s supply chains and industries reliant on goods from the country’s closest trading partners.

After the president-elect’s announcement, Trump and Trudeau had a brief call that was focused on border security and trade. A senior Canadian government source characterized the call as productive and said that the two promised to stay in touch in the days to come.

During Trump’s first administration, the US and Canada at times had a rocky relationship, particularly on the issue of trade. Trump used tariffs against Canada during negotiations over replacing the North American Free Trade Agreement.

Many US imports from Canada and Mexico are exempted from tariffs because of the USMCA trade agreement among the three nations that Trump pushed for during his first administration. It’s not clear how Trump would plan to implement the proposed tariffs without violating the USMCA.

Earlier this week, Trump spoke with Mexican President Claudia Sheinbaum for the first time following Trump’s tariff announcement, but they have offered conflicting statements about the call.

Trump said Wednesday that Sheinbaum agreed to shut down the US-Mexico border, but Sheinbaum on Thursday denied doing so.

Sheinbaum has also suggested that Mexico would retaliate with counter-tariffs if Trump went through with his threat.

Trump has faced backlash over his tariff proposal in the recent days, including from President Joe Biden, who called it “counterproductive” and warned it could “begin to screw up” the US’ relationships with Canada and Mexico.

I wonder if trumpy will lie about this meeting like he did about the phone call with the Mexican president. Who am I kidding? Of course he will

[BillyCarpenter]

Trudeau is spooked.

[Copier Addict]

Trudeau is spooked.

Well, let's be honest here. With trumpy's dramatic mental decline the whole world is spooked.

[bsm2]

Trump Shows His Tariff Hand — Timber Prices to Rise from Day 1!

Donald Trump will sign an executive order on his first day in office - charging a 25% tariff on all goods coming from Canada and Mexico and a 10% blanket tariff on all Chinese goods.

Hilarious higher prices for everything

F morons