Trump announces a 25% tariff on all products entering the USA from Canada and Mexico. On day one.

[Swede]

Disaster time. Heard on CBC. Here's a link from Reuters.


https://www.reuters.com/world/us/trump-promises-25-tariff-products-mexico-canada-2024-11-25/

[2naSalit]

1. He's such...

A fucking asshole.

[bdamomma]

74. Our

Last edited Tue Nov 26, 2024, 07:47 AM - Edit history (1)

neighbors to the North and South of us, will never trust us again.

We have a madman in office, cause his ignorant base and the billionaires want to burn the US into the ground.



RESIST.

[KPN]

84. Those 5 words ought to be a bumper sticker. nt

[Ocelot II]

2. Oh, great. A trade war with fucking *Canada*?

And does he have any idea how much produce we import from Mexico?

[wnylib]

54. Time to grow our own produce. If we don't have

land for it, there's indoor gardening in any home or apartment. Might have to do our own pollinating of plants, but there are instructions and videos online.

We import lettuce, tomatoes, and many other produce items from Mexico and South America.

Also, as he expands his tariffs, consider spices from Asia, Mexico, and South America. Chili powder, ginger, cinnamon, cilantro, etc.

This will hurt grocery stores, especially smaller, family owned ones. And restaurants, who will pass the cost on to customers.

If people thought food prices were high under Biden, wait until they see what Republican prices are under #45.

[nakocal]

62. The issue is the weather

We import produce through the winter and spring as the growing season in Mexico is different than the USA.

[wnylib]

69. So grow produce indoors. And start canning and freezing

summer produce to have in winter. I already do that to some extent. Buy vegetables and fruits from local farmer's market and freeze them. Easier and quicker than canning.

[zeusdogmom]

93. I do a lot of this

But SO much easier said than done. Equipment for canning and growing indoors can be $$$. Farmers markets are not everywhere, often expensive, and you need transportation if you are buying food preservation amount. Then there is the matter of space for setting up a grow system and storage space for equipment. And a freezer if you are not canning. This also does not address the amount of time it takes.

[wnylib]

100. I am fortunate. I live within walking distance of

where the farmer's market is held. There is an Amish family that has a large booth there every year. Their prices are lower than the others so I usually buy from them.

I just use the freezer top of my refrigerator for storing what I freeze. I do not do canning. Don't know how or have the equipment for it.

When I was a child, my father was out of work for several months due to a car accident. When he got back to work, there was a recession and his hours were cut to 2 or 3 days a week.

He started a garden in the yard that produced a large amount of nearly every vegetable. He had grown up on a farm, so he was familiar with growing seasons and amount of space needed for various plants. He planned the garden so that he could grow some vegetables in between others, making use of every inch.

My great aunt lived with us. She and my mother canned everything that they could and froze the rest, except for things like lettuce and onions. We had a peach tree on the property line so that half of the peaches were in our yard and half in the neighbor's. It was a very productive tree, so we had canned peaches, too.

Our family did that for a few years while recovering financially.

[MissB]

119. All good points

I garden and can (water bath and pressure can) and it was a long process of figure stuff out. I’m still not utilizing all my yard in the way I’d like, but each year it’s better.

I am growing micro tomatoes indoors this winter. I started some last winter and had production up until spring. This time I’m growing just two micro tomatoes plants and one cucumber plant. All three are in pots that sit near my large south facing living room window. They get enough sun there that I don’t need to supplement with grow lights. I could add more, but I’m still in the “let’s see how this works” phase. If needed, I could scale up to way more pots. (I’m growing a micro San marzano, a micro Jip and Jannke and a quick snack patio cuke).

It’s a heck of a time commitment to figure out what will thrive in my garden. I grew rampicante squash for the first time this year. They’re pretty big (long) squash that stores in normal household temps for almost a year. I also picked up a sweet meat squash from a farm stand - a variety I grew a few years ago but didn’t this year. I wanted to see how it canned, and was quite shocked at how many pints of cubed squash I got out of one squash. So do I grow rampicante - tastes like butternut- and just store them and use them as I need, or do I grow some sweet meat too and can it because it’s fabulous in pumpkin pies and breads? Can dedicate time and space to grow and process both?

Longer term, I’d like to produce enough pickling cukes on site to not have to supplement from the farm stand. Can I extend that to growing the contents of the pickling spices too? I use red pepper flakes in the pickles; how many cayenne peppers do I need to grow to dry and use for pickles and for all other uses? It comes down to how much space do I dedicate to cayennes vs fireball peppers, because I have to have fireball hot sauce to go with my hens’ eggs.

I mean, I’m not bored. But I am going down rabbit holes to figure out how to grow more, how to keep more (preserve or not) and make sure that I know how to save seeds to have more for next year. I don’t mind the hobby/urban homestead, but I don’t want to actually be forced into figuring all of this out! I still work 40 hours a week.

[mucholderthandirt]

125. I just put in a grocery order at Walmart, and happened to see eggs (I've bought them before, obviously).

A dozen Grade A large eggs, 1.53. Half what it used to be, around here, five years ago. I haven't seen grocery prices going up much, but eating out? Wow. They're really getting you there. My mother always wants to eat when we go out, but I resist because one, it's bad for me, and two, I can't stand seeing how much stuff costs, at any fast food place. From commercials, I see regular restaurants are outrageous.

I think gas was 1.83 or something at most places. I consider that very low, and it's sticking around. I'd guess fuel oil prices will go up for winter, but otherwise, reasonable.

I highly doubt we'll be seeing prices like this six months from now. I don't know what we'll do, oldest son and I are still living together, neither can afford to do it alone. I hope he keeps his job, because we'd be sunk without it (he works at Walmart). Thankfully, crappy mobile home and the land it sits on are paid for, we just need to pay taxes and electric bill.

[snowybirdie]

132. So the well to do

folks with time and land while those who are old, ill or disabled get nothing? Please!

[DallasNE]

97. Oh, Great, A 25% Tax On Lumber From Canada

That will surely address our current housing shortage—NOT -- and dry up toilet paper in the stores. Is he also going to put a 25% tax on crude oil from Mexico? How does that help with pump prices?

And this is what 49.9% of Americans voted for? Such fools, as they just shot themselves in the foot and are taking the rest of us down with them. Just think of the negative impacts on the supply chains as well -- and the reinflation this will cause.

At least he has backed off from his 60% tariffs on goods from China and now it will "only" be 10%.

[shanti]

107. Goodbye, avocado toast! n/t

[TheKentuckian]

122. No and he doesn't care either. Old boy is nutts.

[Klarkashton]

3. What is so goddamn bad around here that drastic shit

Like this is necessary? Does anyone question the logic of this shit?

[maxrandb]

58. "Are you not entertained"? Because that's what this shitshow is all about

It's not going to be a presidency. It's going to be a reality TV show. The "press" will make sure of it.

I think the only way to beat it is to NOT WATCH.

[Klarkashton]

110. My only media anymore is right here. Like it used to be

During W. I'm liking it that way.

[Dem4life1234]

4. Why hasn't the KFC fried chicken done its duty?

Damn, I can't stand him. Prices are going to skyrocket with his stupid ass policies.

Why can't he just rest in Biden's booming economy and leave it the fuck alone? He is already making money.

[dalton99a]

12. "Why do the wicked live on, growing old and increasing in power?"

- Job 21 : 7

[eppur_se_muova]

133. Because they continue to serve Satan's purposes, and that was part of their deal ? nt

[Pompoy]

72. I guess it's not about the economy now

Now he says the tariffs are imposed because of drugs and immigration. Not about fixing the economy. Lol.

[Ocelot II]

5. The leopards will be eating well, though.

[leftyladyfrommo]

6. There goes my morning coffee.

And fresh fruits and vegetables.

[Yavin4]

7. Let's see how the markets react to this tomorrow.

Should be interesting.

[Johonny]

15. Given it goes against what his own secretary

Just announced today as absolutely wasn't going to be US policy, it should be fun.

[Irish_Dem]

16. He knew what would happen to the markets and placed his money appropriately yesterday.

They used to do this in his first term.

[Yavin4]

35. I noticed that this announcement happened AFTER the markets closed.

So, there is some self awareness.

[Irish_Dem]

39. It was said they did this the first time.

Moved money around in the stock market then made shock announcements.
People in the know got rich.

[womanofthehills]

112. He's already kind of backing down

Saying it might now happen if Mexico stops immigrants & fentanyl.

[Baitball Blogger]

8. The world has to get along without us and thrive.

He's such a fucking idiot.

[Solly Mack]

9. Is he hoping they'll grow hostile to Americans fleeing Trump's America?

[sabbat hunter]

10. Things to buy

before the tariffs hit.

https://www.newsweek.com/black-friday-sales-appliances-electronics-tariffs-trump-1989251

[pattyloutwo]

43. Hunker down, buy less stuff

[uponit7771]

70. ☝🏾☝🏾☝🏾THIS !!!☝🏾☝🏾☝🏾 Put your cash in bonds then don't buy anything else but food !!!

[sabbat hunter]

109. what bonds?

After the orange motherfucker crashes the economy, no one will want our worthless bonds.

[Joinfortmill]

90. Intersting you say that. I'm stocking up on foodstuffs

[kimbutgar]

49. I just brought a new refrigerator which is getting delivered tomorrow and a new laptop for my son who goes though

A laptop every other year. And I had bonus points on my credit card and for free got two new iPads before the points expired.

And we brought a new TV in May when our other one died. I had a chance today to get a free used smart TV from my senior move job but might just buy another one before January for my bedroom just in case my old one dies.

[Blue Full Moon]

88. Did the same bought a fridge. No extra purchases but necessary after January

[Lovie777]

11. But where is he?.............

acting like a whatever.............

[Irish_Dem]

13. He now sits back and watches the bribes come in fast and furious.

[magicarpet]

14. This from Rueters News....

Reuters
Trump promises a 25% tariff on products from Mexico, Canada
Reuters
Mon, November 25, 2024 at 6:50 PM EST
1 min read


(Reuters) - U.S. President-elect Donald Trump said on Monday he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.

"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders," Trump said in a post on Truth Social.

Trump said the tariffs would remain in place until the two countries clamp down on drugs, particularly fentanyl, and migrants crossing the border illegally.

(Reporting by Jasper Ward)

[Walleye]

22. So I gotta pay more for strawberries because idiots won't stop taking street drugs?

How on earth is this supposed to affect the drug trade? He really is stupid.

[Buns_of_Fire]

29. "...to charge Mexico and Canada a 25% Tariff..."

Surely he's had it explained to him by now how tariffs work. This phrasing is for the benefit of the drooling, brain-dead maggots.

[progressoid]

77. Yep.

They will love this. Even as they pay higher prices for it.

[angrychair]

67. We know for a fact

That the majority of drugs are brought here by US citizens.
Whatever. Fuck it. Let it roll. They voted for this. Hope they suffer for it.

[BeyondGeography]

17. Our two largest trading partners

I had to check to see if this was real.

There goes the neighborhood.

[Botany]

123. This is fucking crazy and makes no sense unless he wants to burn America to the ground.

“The trade between Detroit, Michigan and Windsor, Ontario is valued at over $160 billion in goods annually. The two cities are part of the Windsor-Detroit Corridor, which is a major trading route between the United States and Canada.”

*********

And I don’t think this covers the $$$ that are paid to auto workers who work on both side of
the border.

[lark]

126. Ding, ding, ding!!!

Burning America and especially it's poor/working class/minorities/women/lgtbq folks, FOR HIS OWN PROFIT, is the entire goal besides bringing us into Russia's orbit and fucking the democracies of the world.

[Botany]

128. Remember the infant formula shortage was from Trump's fucking around with NAFTA.

BTW Which Biden fixed.

Thousands of auto workers, tool and die folks, and other auto related industries
work in both Michigan and Ontario depending on what is needed.

Putin & Musk installed Trump as their boy. No bout a-doubt it.

[Silent Type]

18. Assuming he's not blustering, he does leave an out if countries stop fentanyl and immigration.

Still typical trump BS.

[bucolic_frolic]

19. He's raising revenue for his billionaire tax cuts

and deregulation polluters bonanza.

We will not win a trade war. Neither will Trump in the long run.

You realize the food we import from Canada?

[Ocelot II]

21. We also import an enormous amount of fresh produce from Mexico.

And damn near every electronic thing on the market is produced at least in part in China.

Guess if we need any electronic gadgets we'd better buy them now. And get ready for expensive or unobtainable produce.

[erpowers]

81. Avocados

I think most of the Avocados sold in America come from Mexico. Is he hoping this will make Americans buy more Avocados from California? Does/can California produce enough Avocados to supply all the Avocados needed in America?

[milestogo]

102. Ecuador also produces avacadoes.

[LeftInTX]

114. We get lots of produce from Mexico

Look pick up a frozen produce bag and check it out.

That celery you're gonna buy?
Tomatoes?

[Magoo48]

127. We grow Avocados here in the California Republic. But supply and demand?

I can live without them.
Resist.

[questionseverything]

57. Most the lumber for new construction comes from Canada

Dealing with the high interest rates has been hard enough, this will have a further chilling effect

[Ocelot II]

20. I guess he doesn't know that can go in both directions.

Those countries can impose tariffs on US imports - meaning we will export less.

[livetohike]

33. He really is that stupid. Reckless. He surrounds

himself with yes men and women. Who is there to tell him no and try to convince him this is the wrong move?

[ZonkerHarris]

23. good, start ruining the country right away so the buyers remorse starts fast

[dweller]

24. We are at war ?

With Canada and Mexico ?


well , we will be soon …
😐



✌🏻

[VGNonly]

25. Do you want to start a massive trade war ???!!!

About 97% of Canadian oil exports go the US.

[boonecreek]

41. I realize I'm stating the blindingly obvious here

but thinking things through is not exactly his strong point.

[Linda ladeewolf]

60. Thinking is not his strong point!

[Straw Man]

26. The blather that issues forth from him ...

Last edited Tue Nov 26, 2024, 12:46 AM - Edit history (1)

... on a daily basis has about as much significance as Grandpa's farts at the dinner table. My prediction is that it will never happen because people that know better will steer him away from the national economic suicide that it will certainly bring.

[Emile]

27. Hoover caused the Great Depression doing

deportations and tariffs.

[MacKasey]

28. Your real maple syrup is going to cost more

[Prairie Gates]

47. Only elites use real Canadian maple syrup. Real Murkans guzzle Pearl Milling corn syrup

Proudly made in Cedar Rapids! We can make many ersatz products on the way to Autarky! Syrup should be a lesson to all Murkans who support MAGA.

[markodochartaigh]

50. Growing up we had sorghum syrup.

It was OK, but then my cousins moved to New Hampshire (from California, they lasted 9 months because they were snowed in) and they brought back real maple syrup. Sorghum syrup was never the same.

[Historic NY]

30. Remember Trump is the asshole who renegotiated NAFTA and now

he doesn't like what he did.

https://www.cfr.org/backgrounder/naftas-economic-impact]

https://www.pon.harvard.edu/daily/dealmaking-daily/redoing-the-deal-lessons-from-the-nafta-renegotiations-nb/]

[nilram]

31. Because we don't like our direct neighbors?

Let's throw poisoned meat over the fence for their dog while we're at it.

Products directly from Canada and Mexico use the least amount of energy for shipping.

He doesn't eat vegetables so I guess greenhouse tomatoes from Canada, and late season veggies from Mexico are easy to attack.

[Chellee]

32. So, just in time for the Super Bowl, he's coming for guacamole and TimBits.

That'll go over well.

[Snarkoleptic]

34. Fresh fish, fruit and veg are about to see a 25% (or greater) price increase.

The wealthy are thrilled as this is a regressive tax that will disproportionally affect lower income folks.

https://www.investopedia.com/news/what-are-top-us-imports/

The U.S. imports only about 15% of its food supply each year. That includes a whopping 94% of its fresh fish, 55% of fresh fruit, and 32% of fresh vegetables. Its biggest sources of imported food are Canada and Mexico, but France, Italy, and Singapore also are major suppliers.

[La Coliniere]

36. Aldi's gets at least 50% or more of their produce

from Mexico and I do believe the larger markets like Wegman’s also get a large percentage of their produce from there as well. So these cretins who voted for the felon thought he would magically make prices come tumbling down? Well hardy har har and go to hell you stupid f***s.

[LisaL]

37. I guess MAGATs aren't going to get their cheap eggs after all.

I hope they are happy!

[HereForTheParty]

38. Can he do this unilaterally?

Nm

[johnp3907]

64. I googled that question.

The consensus seems to be: “It’s complicated.”

[uponit7771]

75. Yes but congress can override him but MAGA Party prolly will block that

"....A key question is whether a president has the authority to implement the types of across-the-board tariffs being discussed by Trump. The U.S. Constitution plainly grants the power to impose tariffs to Congress, not the president: “The Congress shall have Power To lay and collect Taxes, Duties, . . . To regulate Commerce with foreign Nations” (Article 1, Section 8). However, Congress has delegated extensive authorities that allow the president to impose tariffs if certain statutory conditions are met...>

[dobleremolque]

86. I suspect the SCOTUS Chevron ruling, which essentially says

"Nuh-uh, those federal executive branch agencies can't impose regulations on industries without specific Congressional approval and/or passage of legislation creating those regulations" would apply to the Executive Branch itself.

It's just a matter of whether the Republicans in the House and Senate will kiss up or stand up.

[WarGamer]

40. He's using it to force border control...

[bronxiteforever]

61. Trump has been pro tariff since the 1980s

long before the border issue. He started wanting one on Japan back then.

[JohnSJ]

42. Stupid Americans. We were warned, and the idiots still voted for the sociopath.

[Justice matters.]

55. Nobody told them their next PlayStation will cost them...

between 25 to 100% more...

Or they're too ignorant to know how to count percentages.

Or owning the libs comes with a price tag...

[JohnSJ]

63. +++

[delisen]

44. He wants an easy victory

Both countries are too dependent on US trade. The fascists on his team want to destabilize these border countries and turn them fascist Sp it is war Our fascists see both as weak and too liberal The religious fascists want to end female equality & legal abortion in Mexico. We the people need for Canada and Mexico to win

[Nasruddin]

59. I wonder...

if he or his puppeteers don't want to destabilize THIS country.
Revolutions happen often when things have improved, but not enough, or there's a setback.
This could be a setup for this.
Lots of unrest due to spiraling prices and job losses, chaos, martial law, North Korean style dictatorship for the Big 4.
I hope we can get this series in the pipeline before Apple TV collapses.

[delisen]

45. This is the equivalent of Putin's move on Crimea

Just without the guns

[ancianita]

46. That's pretty much everything on the market, seeing as how Mexico is our #2 trading partner.

Talk about fucking Americans over. Talk about bitching about inflation and blaming Biden!

Also, everybody better stock up on coffee.

[Johnny2X2X]

48. He's crazy

Unemployment would go to 15% by the end of the year. The economy will implode.

[applegrove]

51. Oh ****!

[Justice matters.]

52. Can judges stop freeze these idiotic orders?

I mean, corporations affected by the huge costs should have a mean to freeze his bullshit!

Consumers also should have a way to block the useless pains they'll be forced to pay for!

[DFW]

120. Consumers DID have a way to block those useless pains

All they had to do was vote Harris/Walz on Election Day.

Too many of them chose not to.

[roamer65]

56. I'm taking a bone saw to my spending.

Goal is to pay as little tariff as possible.

Hard landing recession here we come!

[uponit7771]

65. Announced on Truth Social already, day one ... what an idiot

[Botany]

66. He aims to crash and burn America for his boss..

..... Vlad Putin. How many billion dollars
of networking, trade, and jobs go back and
forth across the US and Canadian border. The
last time he pulled this shit we had an infant formula crisis.... Mexico was involved too.

This nightmare is gonna be worse then we can
ever imagine.

[Chipper Chat]

68. Damn.

A bottle of Mexican Coke will go up to $4.00.

[kelly1mm]

111. Why? Mexican Coke here at my supermarket in Maryland is 75 cents per bottle. Even assuming no markup or shipping cost

so the entire 75 cents is cost of 1 bottle, a 25% tariff would still be less than $1?

The real cost is probably less than 40 cents per bottle so a 25% tariff would increase base cost by 10 cents. So 85-90 cents per bottle total?

[LiberalArkie]

71. It is quite obvious that Putins boy is ready to try and destroy the U.S.

[RainCaster]

73. There goes house prices

Canada provides a lot of lumber to us, this will raise the price of new homes by at least 15%.

[Botany]

124. And the resulting slump in home construction and restorations will be felt all over America.

His bosses Vlad, Musk, oligarchs, and crypto shits will make a killing.

Btw no way the election was legitimate.

[wolfie001]

76. The younger, dumb white males that listen to lying conspiracy hacks like Joe Rogaine are one of many reasons....

....we are in this predicament. Never mind all the boomers on SS, SSDI, Medicare and Medicaid. Most of those cultists are white as well. Seems like a white thing. I'm white and a boomer and I never voted for a republicon. Never ever. Just boggles the mind.

[OMGWTF]

78. Who gets all of the tariff money? Is it all going into Shitler's pocket?

We. Are. So. Fucked.

[uponit7771]

92. Goes to federal government TFG used it last time to give government welfare to Rural Ghetto Kings who's farms were ....

... negatively affected by China's counter tariff on soy beans.

Yep, a good number of fields went bust that year because of China's counter tariff they still voted for Benedict Donald.

[superpatriotman]

79. I'm starting to think this guy has no idea what he's doing

Nor does anyone advising him.

[uponit7771]

96. He does, he wants to tear down the country. Nothing else makes sense even announcing these tariffs are inflationary ....

.... its face.

Other countries are producing counter tariffs to TFGs *EVEN* if he doesn't implement his.

Announcing tariffs is like throwing the first punch in a fight and expecting the best ... the last time TFGs plan was done things went horribly.

[erpowers]

80. Why Canada and Mexico?

I still do not agree with the idea, but I understand why he would want to put tariffs on products from China. However, I do not get why he would want to put tariffs on goods from Canada and Mexico, especially Canada. This is making me think Donald Trump is working for another country ( maybe China, maybe Russia) to try to bring down western economies. This makes no sense to me. What is Canada doing to the United States that is so horrible? The only thing I can think of is to make a joke. Justin Trudeau has really got to end his affair with Melania Trump?

[uponit7771]

94. China skirted his 2018 tariffs by shipping their products through Mexico and Canada but China's counter tariff on soy

... beans could *NOT* be countered by US farmers and many of them had to be bailed out with welfare checks (what they'd call it if the money went to urban areas)

[mcar]

82. It's find out time already

[flashman13]

83. The price of fruits, vegetables, cars, and appliances will skyrocket.

That should get the rubes attention. But the price of eggs!




































































































++++++++++++

[Joinfortmill]

85. Some folks are about to get a very tough economics lesson

[nowforever]

87. Stupid is as stupid does

The Great Depression lasted from 1929 to 1941, tariffs were the critical element in bringing that about. Luckily, WWII brought us out of it...he's a stable genius.

[Nigrum Cattus]

89. Turn about is far play

The U.S. exported 323 Billion in goods to Mexico alone in 2023
https://tradingeconomics.com/united-states/exports/mexico (details here)
Haven't looked @ Canada yet.

[Blue Full Moon]

91. It will cost more for food.

I believe China would retaliate.

[VMA131Marine]

95. This won't go well

https://www.investopedia.com/articles/insights/012717/how-much-does-us-import-mexico-gm-f.asp#:~:text=The%20largest%20categories%20of%20imported,and%20medical%20equipment%2C%20and%20appliances.

According to the United States Census Bureau, trade with Mexico totaled an estimated $863.4 billion in 2022. Imports made up $500.7 billion of that amount. Mexico was the United States' second-largest supplier of imported goods in 2022. In comparison, total trade with Canada that year was $914.3 billion, with $487.7 billion in imports.

Vehicles and Parts
At $130.9 billion, cars or car parts were more than one-quarter of all goods coming into the U.S. from Mexico in 2022. Most of the cars and car parts that the U.S. imports from Mexico are made by American automakers and intended for the U.S. market, even though they are manufactured in Mexico.


After NAFTA, many North American companies built supply chains that stretch across Mexico, the United States, and Canada; not only would tariffs hurt the American consumer, but it was predicted that retaliation from the Mexican government would damage the U.S. economy in the form of new trade barriers.

What Imports Does the U.S. Get From Mexico?
The U.S. imports machinery, vehicles, beverages, medical equipment, instruments, and much more from Mexico.

What Is the Biggest Import From Mexico?
Mexico exports more vehicles and parts to the U.S. than any other item.

[paleotn]

98. And pigs will sprout wings and fly!!!

No, Donny. They won't allow you to crash the US economy.

[3catwoman3]

99. Looks like our clothes dryer croaked just in time.

It just started making a hideous screeching sound. Too old to bother with repairing, and my husband’s been wanting to switch from gas to electric, so we have a new one scheduled for delivery on December 2nd.

Went ahead and ordered the matching washer, too, as that machine has been intermittently temperamental, and it’s the same age as the dryer. Sometimes the little push buttons require multiple pushes before the machine turns, or need to be held in for a long time with great force - that’s hard on my fingertips, so I use the blunt end of a chopstick to apply sufficient pressure. We’ve had it looked at least twice, and the repair guys can never reproduce the malfunction.

[JoseBalow]

101. This is more of the same old tired drumpf playbook

He creates the crisis with his bullshit, then he swoops in to save us all from it, and we should be thankful and kiss his hero ass.

There will be no tariffs, he won't want to be blamed for fucking up the economy, it's all just more of his bullshit.

[LogDog75]

103. One thing I haven't read or heard anyone talk about

If he does impose tariffs, not only will prices of imported items increase but so will the cost in state and/or sales taxes. Think about it, whatever the increase in the price of imported item is it will require sellers to increase their prices to the consumer. So the increased price the consumer pays will be subjected to state and/or city sales. For example, if an item cost $20 and the sales tax is 7%, the amount of tax you'd pay would be $1.40. With a 25% tariff, that $20 item now costs $5 making it $25. The 7% sales tax on $25 would be $1.75 or 35 cents more. So not only is his tariffs increasing the price but he is in fact raising your taxes.

Yeah, I'm sure the MAGaTs thought it through that imposing tariffs results in raising the price of items and increasing the amount they'll have to pay in sales tax is why they voted for him.

[doc03]

104. My 2020 Honda CRV was assembled in Canada. That would increase the

price for a new one $10k.

[kansasobama]

105. The way out of fascism

The way out of it is Trump's agenda destruction and the country going downhill. Yes, I will suffer. But that is the only way out of this.

Did you also see many like Trump's FU transition style?

We have to pray for destruction of Trump plans even if we all will suffer. I guess this is our sacrifice to save the country.

[Doodley]

106. An unmitigated disaster in so many ways. It is time for the Democratic leadership to speak out.

[hamsterjill]

108. Why Canada!!!

Asshole. I run a cat sanctuary. Older cats with health issues. I get a lot of meds through Canada at reduced prices.

As if I couldn’t hate the sonofabitch more than I already do - this does it!

[Ollie Garkie]

113. Can he do this without congress? nt

[dalton99a]

115. Yes.

He has the power to invoke Section 301 of the Trade Act of 1974, Section 232 of the Trade Expansion Act of 1962, Section 338 of the Tariff Act of 1930, etc. etc. - power given by Congress

[sakabatou]

116. The buck will be passed to the consumer

And everyone will be fucked.

[Blue_Tires]

117. I can't wait to hear

From all those white folks who swore up and down that consumers won't have to pay for the tariffs because King Donnie told them so...

[Mountainguy]

118. Good

Voters asked for it, now they get it.

Let the full impact of that choice hit for the next 2 years till the midterms roll around.

[In It to Win It]

121. Do it. I hope Mexico and Canada call his bluff

[Lovie777]

129. Then there's musk....

Defunding the government and firing, laying off workers by large numbers.

[sboatcar]

130. Remember what rules our economy though

The moneyed interests will see this eating into their profits, and they have a LOT more influence than anyone else does. They all know that the massive price increases aren't sustainable, and that if they can't build houses and put on new roofs, they can't survive. Sadly we've become addicted to cheap immigrant labor, and this might go on for a few months, but it will pass. Also, the american public won't stand for the massive inflation that it will cause. In my mind, it was inflation that they used as a cudgel to push Trump over the top this election cycle, and this will not end well for them.
I just really feel for the millions of people who will have huge hardships because of this. I know its going to have a big effect on me when it happens.

[Happy Hoosier]

131. The markets don't believe him....

.... but I do. I am considering moving my portfolio to bonds in mid-January to ride out the reckonining I think is coming. The markets aren't rational atm, but I think the rally continues until Christmas at least.