Trump vows massive taxes on goods from Mexico, Canada and China

[jerrymahoney]

— 
President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers.

 

The move, Trump said, will be in retaliation for illegal immigration and “crime and drugs” coming across the border.

 

“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 posted on his Truth Social platform. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!”

 

https://edition.cnn.com/2024/11/25/politics/trump-tariffs-mexico-canada-china/index.html

 

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Oh No! Avo-ca-DO (90% of US market avos from Mexico)

[Jim Blue]

Seems its going to be a case of mines bigger than yours ?

[GypsyT]

He did same idiotic mistake last time!

 

Car industries lost billions. Dumb Trump didn't understand Mexico and Canada build US cars and parts more than they do in the States!

 

Let him run them down, they are quiet thanks to other favorable deals.

 

China don't need US market, they're all over the world.

 

 

[GypsyT]

Here we go again.... Donny boy never learns.

 

"Mexican President Claudia Sheinbaum threatened to retaliate with her own tariffs against the United States, after President-elect Trump suggested he would impose a 25 percent tax on imported goods from Mexico if her country did not stop the flow of drugs across the border.

In remarks on Tuesday, Sheinbaum said that drugs were a U.S. problem, not a Mexican problem, and suggested they could harm U.S. automakers with plants on both sides of the U.S.-Mexico border.

“One tariff would be followed by another in response, and so on until we put at risk common businesses,” Sheinbaum said."

[BigStar]

Probably the opening card in the game of poker, bluffing in the art of the deal. Fortunately Dems have got everybody nice & scared already.