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.
As tariffs hurt the importing country, not the exporting country I think that it’s odd that Canada would punish their own citizens in retaliation.
They should have added a 25% export tax on energy seeing as Trump clearly didn’t want to pay more for his imported energy.
As tariffs hurt the importing country, not the exporting country
They very obviously hurt both so long as there’s any demand elasticity and especially when there are alternatives sources for the products .
Explain how demand elasticity affects both countries please. I expect Trump uses these tariffs as a scare tactic for countries who depend greatly on exports to America, but i don’t know how elasticity of demand plays in.
So, is Canada going to import what it gets from the US (it’s only geographic neighbour) from elsewhere?
If the answer is “no, not without at least a 26% jump in cost” then the tariff is a bad response.
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.
I just checked on mine, it says “Gulf of Mexico”. Perhaps it depends where a user is located?
Idk when the change is implemented but Google said it would show
- “Gulf of America” in the US
- “Gulf of Mexico” in Mexico
- Both names elsewhere
Nothing has changed for Czech users yet.
This fucking clown is going to push the whole world into a new recession.
Trump Depression by 4th of July
That way the rich capitalists can buy up EVRRYTHING at fire sale prices!
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?
Stability is bad for business
- War is good for business!
The Great 1929 Recession boosted conservatives.
Can’t wait to call and gripe loudly about the massive price increases to the staffers of my idiot congressman and senators.
Good morning American Neighbors. Have you classified me and mine as threats to your
world hegemonyNational security yet?If you’re Canadian, can you please come and burn down the White House again?
Just get the Jan 6 rioters on call, I’m sure they’d be happy to help with that
Not with their God King in the building.
please, just put us out of our fucking misery. PLEASE.
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”
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.
Please marry me so I can get Canadian citizenship and escape this insane fascist hellhole, PLEASE
Coming soon.
Trump: wait, they can DO that?
Orange
Mangoes
Bananas
Correct. Fascist 47 is a terrible human.
He should no longer be permitted to breathe.
Wonder who will be the first with sanctions.
Good response, world politics goes wild
