Exclusive-Trump would impose 25% tariffs on oil from Mexico and Canada under trade plan, sources say

[avidamoeba@lemmy.ca]

You know, in this context it’s a bit refreshing to see Doug Ford’s reaction to this. Proactively whining at Trump instead of shitting on Trudeau. I’m a bit surprised by his take.

[avidamoeba@lemmy.ca]

Why is that? We would be able to import the US parts needed to build cars domestically as we do today. The tariffs would affect domestic production going back to the States. Even if Canadian autos go belly up because they can’t export to the States, we’d still be able to import US-made vehicles. What am I missing?

[psvrh@lemmy.ca]

Crab-bucket economics to go with crab-bucket foreign policy

Post-Soviet Russia is such a fuck-up of a nation-state that they only way they can look good is by dragging everyone else down to their level.

[minarble@aussie.zone]

Who’s going to print the Trump did this bowser stickers?

[cheesenoodle@lemmy.world]

Eh spare the IRS, its one of the most functional and least corrupt remaining bits of the US government and Trumps administration already tried to kill it last time.

[thrillhouse@lemmy.world]

I’m probably wrong, but I’ve been speculating if the plan is:

1. US imposes tariffs on its most valuable trading partners
2. War in Ukraine “ends”; US stops sending weapons; Ukraine goes to Russia; US possibly threatens to pull out of NATO to accomplish this
3. Tariffs stay in place for traditional US allies; US helps Russia rebuild economically by becoming its new best good trading buddy, tariff free of course.

[thrillhouse@lemmy.world]

I think he’s just going to go to Russia for the fuel.

[someone@lemmy.ca]

These are all way better than any tariffs we could respond with.

[someone@lemmy.ca]

Pretty much every car built anywhere in North America has parts from at least 2 of the 3 countries, not to mention China. Sometimes parts end up going across the border multiple times before they end up as a fully assembled car.

[thedefiant604@canada.masto.host]

@RandAlThor

While I am kind of looking forward to the show in Alberta over this, I just read that the USMCA forbids tarrifs on member countries. So, thanks to Drumpf, he legally cannot impose tarrifs on Canada or Mexico.

[jerkface@lemmy.ca]

This will make oil in the USA even more expensive, making alternate yet energy more attractive, and hopefully push us over peak oil. Assuming the USA has a domestic wind/solar industry…

[buddahriffic@lemmy.world]

But can he illegally impose them?

[calpal@lemmy.ca]

The guy has 34 felony counts on him, as is. What’s one more legal violation, at this point?

[anticorp@lemmy.world]

That’s because he doesn’t understand how economies work. This is the guy that bankrupted a casino.

[anticorp@lemmy.world]

Maybe. Will he actually do anything he’s talked about? Unlikely.

[anticorp@lemmy.world]

Except they’ll just completely leave the “under trump” part out and directly blame Biden.

[anticorp@lemmy.world]

It also sucks for people who don’t want to buy a rolling surveillance machine.