Social Media Posted 3 hours ago Posted 3 hours ago President Donald Trump officially imposed long-anticipated tariffs on Canada, Mexico, and China on Saturday, following through on his pledge to push America’s top trading partners to contribute more. The new measures will see Canada and Mexico hit with a 25% tariff on all imports, while Chinese goods will face a 10% tariff. Additionally, a 10% tariff will apply to energy imports from Canada, covering natural gas, oil, and electricity. The Executive Orders include a retaliation clause, which allows for even higher tariffs if these nations respond with countermeasures. White House spokeswoman Karoline Leavitt stated on Friday that the tariffs were introduced in response to the three countries’ handling of illegal immigration and fentanyl trafficking, which she claimed had caused the deaths of “tens of millions” of Americans. “We need to protect Americans, and it is my duty as President to ensure the safety of all. I made a promise on my Campaign to stop the flood of illegal aliens and drugs from pouring across our Borders, and Americans overwhelmingly voted in favor of it,” Trump wrote on Truth Social. The tariffs are being enacted under the International Emergency Economic Powers Act (IEEA), which grants the President authority to regulate imports during a declared national emergency. Last month, Trump invoked the National Emergencies Act (NEA), citing the crisis at the U.S.-Mexico border. The move has sparked strong criticism from Democrats, with Senate Minority Leader Chuck Schumer condemning the tariffs as harmful to American consumers. “It would be nice if Donald Trump could start focusing on getting the prices down instead of making them go up,” he told CNN. Schumer argued that the tariffs “will likely hit Americans in their wallets” and insisted that the focus should be on countering unfair trade practices by China rather than punishing allies. Schumer also took to X, warning in a series of posts that these tariffs could drive up costs on everyday items, even joking that “Wait till Trump’s tariffs raise your pizza prices.” The first phase of Trump’s trade war with Canada is set to take effect on Tuesday, implementing the 25% tariff on nearly all Canadian imports. The result could be significant price hikes for ordinary Americans across a wide range of products. One of the hardest-hit industries will be automobiles. In 2024, the U.S. imported over $100 billion worth of vehicles and parts from Mexico, with an additional $34 billion coming from Canada. The tariffs will likely lead to higher car prices in the short term, until domestic suppliers can ramp up production to compensate. Food prices will also be affected. The U.S. imported $46 billion worth of agricultural goods from Mexico in 2024, including $9 billion in fresh fruit. Grocery store prices on these products are expected to rise as the tariffs take effect. Tequila and margaritas could also become more expensive due to increased costs on Mexican imports. Consumer electronics will not be spared either. The Consumer Technology Association (CTA) estimates that these tariffs could reduce American spending power by $90 billion on items such as smartphones, laptops, TVs, gaming consoles, and headphones. Ed Brzytwa, vice president of international trade at CTA, told CBS News that price hikes will be swift. “The likelihood of retailers or any importer absorbing the tariff cost is very low, so the pass-through to consumers will be quick. On all the products we looked at, there are going to be price increases.” Laptops and tablets could see a 45% jump in prices, while smartphones and video games may also experience double-digit cost increases. A report from the Peterson Institute estimates that Trump’s proposed tariffs could end up costing the typical American household over $2,600 per year. As the new measures take effect, the full economic impact remains to be seen, but many experts warn that U.S. consumers will bear the brunt of these policies. Based on a report by NYP 2025-02-03 1
GammaGlobulin Posted 3 hours ago Posted 3 hours ago This is truly very good news. For some strange reason, Americans misconstrue Conspicuous Consumption with Patriotism. When the Twin-Towers were hit.... Little-Bush's message was: Buy Baby Buy Americans buy too much garbage. This is why American Homes require THREE GARAGES, these days. They don't park their cars in the three garages. They park their cars in their driveways, or on the street. The three garages are to house their excess garbage that they buy for patriotic reasons, and also to impress their patriotic neighbors. When import tariffs increase retail prices in America, then maybe this type of empty patriotism might stop. 1 2 1 1
Popular Post Jingthing Posted 3 hours ago Popular Post Posted 3 hours ago Funny how he tries to punish friendly neighbors much more than serious adversaries. Strong man? More like big wuss. 2 1 2 3
Popular Post Tug Posted 2 hours ago Popular Post Posted 2 hours ago Thats our Donnie!here we go higher prices for all ain’t it great!sarcasm alert guess he just wiped out the progress made on inflation and all to hurt our neighbors.not the least surprised.this ain’t gonna end well. 1 1 1
saakura Posted 2 hours ago Posted 2 hours ago 27 minutes ago, GammaGlobulin said: This is truly very good news. For some strange reason, Americans misconstrue Conspicuous Consumption with Patriotism. When the Twin-Towers were hit.... Little-Bush's message was: Buy Baby Buy Americans buy too much garbage. This is why American Homes require THREE GARAGES, these days. They don't park their cars in the three garages. They park their cars in their driveways, or on the street. The three garages are to house their excess garbage that they buy for patriotic reasons, and also to impress their patriotic neighbors. When import tariffs increase retail prices in America, then maybe this type of empty patriotism might stop. Inspite of having big homes, many Americans also use rented self storage to stuff their unwanted purchases! 1
Lacessit Posted 2 hours ago Posted 2 hours ago America gets 50% of its oil from Canada - at a discount. China and India are potential customers. Trump promised to lower the cost of living for Americans. Tariffs do the opposite. So if Canada decides to direct the oil to other markets, what can Trump do? Invade Canada? 1 1
save the frogs Posted 2 hours ago Posted 2 hours ago 46 minutes ago, GammaGlobulin said: Americans buy too much garbage. because people are shallow. so they need endless trinkets to fill the VOID. 1
Popular Post scottiejohn Posted 2 hours ago Popular Post Posted 2 hours ago 30 minutes ago, Jingthing said: Funny how he tries to punish friendly neighbors And his own supporters! 2 1
Popular Post Lacessit Posted 2 hours ago Popular Post Posted 2 hours ago 2 minutes ago, scottiejohn said: And his own supporters! Just wondering when one will come along to this thread, attempting to justify being thrown under a bus. Comedy gold. 1 1 1 1 1
Lacessit Posted 2 hours ago Posted 2 hours ago 56 minutes ago, GammaGlobulin said: This is truly very good news. For some strange reason, Americans misconstrue Conspicuous Consumption with Patriotism. When the Twin-Towers were hit.... Little-Bush's message was: Buy Baby Buy Americans buy too much garbage. This is why American Homes require THREE GARAGES, these days. They don't park their cars in the three garages. They park their cars in their driveways, or on the street. The three garages are to house their excess garbage that they buy for patriotic reasons, and also to impress their patriotic neighbors. When import tariffs increase retail prices in America, then maybe this type of empty patriotism might stop. You don't have garage sales in America, to get rid of all the redundant and obsolete stuff? You guys should try it, you meet all kinds of people. 1 1
scottiejohn Posted 2 hours ago Posted 2 hours ago 6 minutes ago, Lacessit said: You don't have garage sales in America, to get rid of all the redundant and obsolete stuff? You guys should try it, you meet all kinds of people. If you frequent them I will give them a miss!
Lacessit Posted 2 hours ago Posted 2 hours ago 3 minutes ago, scottiejohn said: If you frequent them I will give them a miss! That's OK, you are probably too tight to spend anything. 1 2
Popular Post BKKKevin Posted 2 hours ago Popular Post Posted 2 hours ago Good riddens to the the woke 48% stock market gains of the Biden administration... 1 1 1
impulse Posted 1 hour ago Posted 1 hour ago 1 hour ago, Social Media said: Laptops and tablets could see a 45% jump in prices, while smartphones and video games may also experience double-digit cost increases. So, a 10-25% tariff will add 45% to the prices. Tells me all I need to know about the credibility of the article hit piece. 1
Popular Post theshu25 Posted 1 hour ago Popular Post Posted 1 hour ago 1 hour ago, Jingthing said: Funny how he tries to punish friendly neighbors much more than serious adversaries. Strong man? More like big wuss. You have to remeber ,the orange idiot is not that bright. These tariffs will mostly come back and bite the idiot on the arse. 3
GammaGlobulin Posted 1 hour ago Posted 1 hour ago 1 hour ago, Lacessit said: You don't have garage sales in America, to get rid of all the redundant and obsolete stuff? You guys should try it, you meet all kinds of people. Most garage sales in America are held at Walmart.
stevenl Posted 1 hour ago Posted 1 hour ago 34 minutes ago, impulse said: So, a 10-25% tariff will add 45% to the prices. Tells me all I need to know about the credibility of the article hit piece. Anything on the tariffs?
Celsius Posted 53 minutes ago Posted 53 minutes ago 2 hours ago, Pouatchee said: I sure picked a good time to come back to canada...🙄 I think it's a great time actually. So many opportunities will be had. Do you think it's better time to go to USA? Watch Americans complain about price of healthcare now
Celsius Posted 50 minutes ago Posted 50 minutes ago 2 hours ago, Jingthing said: Funny how he tries to punish friendly neighbors much more than serious adversaries. Strong man? More like big wuss. This is a good point actually..... And I lost all respect for Alberta premier. She is a coward and no wonder trump likes her.
Lacessit Posted 28 minutes ago Posted 28 minutes ago 54 minutes ago, theshu25 said: You have to remeber ,the orange idiot is not that bright. These tariffs will mostly come back and bite the idiot on the arse. He has been told repeatedly by advisers tariffs would increase living costs. His ideology is about winning trade wars. The last term when he tried it, American farmers were the ones who suffered.
baansgr Posted 21 minutes ago Posted 21 minutes ago 2 hours ago, Jingthing said: Funny how he tries to punish friendly neighbors much more than serious adversaries. Strong man? More like big wuss. Importing drugs and millions of illegals is hardly being a friendly neighbour..Go Trump
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