Trump says Mexico and Canada will get hit with 25% import tariffs on all goods once he takes office

29 comments

1. The economy is going down for the count, coming to a town near you …

2. “Wow sounds like we’re going to be making a lot of money from taxing Mexico and Canada!” – a lot of Americans probably.

3. Somebody for the love of this country, explain where we stand right now with trade surplus andl trade deficits. This will bankrupt us.

4. On top the brilliant idea of getting rid of overtime.

5. More on this subject from other reputable sources:

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   – The Hill (B): [Trump says he will impose new tariffs on Canada, Mexico and China on first day](https://thehill.com/business/5009285-trump-new-tariffs-canada-mexico-china/)
   – BBC Online (A-): [Trump threatens China, Mexico and Canada with new tariffs](https://www.bbc.com/news/articles/cvg7y52n411o)
   – CTV News (A-): [Trump promises a 25% tariff on products from Canada, Mexico ](https://www.ctvnews.ca/world/trump-promises-a-25-tariff-on-products-from-canada-mexico-1.7122948)
   – Washington Post (B): [Trump promises specific tariffs on China, Canada and Mexico](https://www.washingtonpost.com/business/2024/11/25/trump-tariffs-china-mexico-canada-percent/)

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6. Damn avocado toast finna be $45

7. “Mexico, China and Canada are America’s three largest trading partners, gobbling up $830 billion of U.S. exports in 2022.”

   We’re so completely fucked.

8. Tariffs on canadian lumber and loss of construction labor is going to send real estate prices rocketing.

9. How will this improve the economy for the middle class?

10. 

11. “The Art of Trade War requires random tariffs on allies and enemies alike,” Idk, Sun Tzu probably.

12. I thought Canada always serves US’ interests first, over own Canadians’ and economy’s needs.. Arent they best buddies?

    Whats happening now? Is this flow of benefits a one-way street only to the US? Seems like Canada just got sold out..

13. Like they care

14. Oh yeah, this will go well.

15. Good.

16. Taxes for the poor / middle class so they can cut income taxes for the rich. Aka regressive taxation.

17. Man… Canada, Mexico, China, and wall street are celebrating right now! That’s one heck of a wealth transfer from the poor to the rich.

18. He and J.D Vance have both admitted to believing the US dollar is overvalued. They WANT to devalue the dollar because if they do the amount of debt we have “appears” to be less but it’s just currency devaluation.

19. Obviously these tariffs will be crushing for the American consumer but what kills me is that Trump renegotiated NAFTA into the USCMA (United States Canada Mexico Agreement). If he is. Threatening sanctions on Mexico and Canada then it means he really shit the bed the first time around and is now once again throwing a tantrum.

    He is a man child that shit himself and then cries that it smells like crap.

20. Can’t wait. I’ve always wanted things to be more expensive. Good luck America 👍🏾

21. I can’t wait to see every cost go sky high. My hoarding ways will finally pay off.

22. Just keeping score…

    China went from 200% to 50-60% to 10%.

    Mexico and Canada went from 20% to 25%.

    Obviously this is very sound, data driven analytics.

23. Oh shit. Fuck.

24. Ahh yes I got you. Definitely don’t look at Project 2025. He definitely doesn’t know anything about it as he has said publicly many many times.

25. We are the ones paying for those trump’s tariffs. Here it comes another trump’s inflation.

26. fukcing asshole! you’re not supposed to tariff your closest allies

27. Didn’t he just say he will treat our neighbors well 😂

28. Guac at chipotle is about to cost $10 a scoop.

29. He is so unbelievably stupid

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