General Discussion
In reply to the discussion: Trump announces a 25% tariff on all products entering the USA from Canada and Mexico. On day one. [View all]sboatcar
(573 posts)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.