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

[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.