By Joe
5-minute read
The White House announced that sweeping tariffs on imports from Canada, Mexico, and China will take effect this Saturday, a move that could escalate tensions and spark a costly trade war between the U.S. and three of its largest trading partners. According to White House Press Secretary Karoline Leavitt, goods from Canada and Mexico will face a 25% tariff, while Chinese products will be subject to a 10% levy. Leavitt dismissed rumors of a one-month delay as "false," asserting that the tariffs will be enforced as planned. The left is feigning outrage and already claiming that it will raise the cost of living. However, as most of you recall, many tariffs were placed on countries during Trumps last term, and we had the lowest cost of living at that time. Lower than under Biden.
The decision has drawn sharp reactions from the affected nations. Canada has vowed to respond with a "forceful but reasonable" countermeasure, while Mexico has prepared its own plans, though details remain undisclosed. China, for its part, has pledged to "firmly defend" its national interests. President Trump has defended the tariffs, arguing that they will generate hundreds of billions of dollars for the federal government and compel other nations, including close allies, to align with U.S. demands. Canada who sells us goods at a very high rate, many of these products we also produce here for much cheaper, has even threatened to turn off electricity to many in the USA. In my humble opinion, this would be an act of war and should be treated as such. Mexico does not have much to offer us aside from vehicles that we used to and still do produce here in the USA.
However, economists have raised concerns that the tariffs could backfire, driving up prices for American consumers and undermining Trump's promise to reduce costs amid widespread frustration over rising living expenses. The announcement has already rattled investors, with Wall Street stocks dipping following the White House briefing, including a 0.5% drop in the Dow Jones Industrial Average. Of course, these same "economists" also claimed that the economy was doing great under Biden, claiming that the American people just weren't smart enough to realize it.
Trump's focus on trade with Canada, Mexico, and China intensified after his November election victory, when he accused these nations of failing to curb the flow of "illegal aliens" and drugs like fentanyl into the U.S. Although he initially vowed to impose tariffs immediately upon taking office, the implementation was delayed until February 1. Now, with the tariffs set to take effect, both Mexico and Canada have signaled their readiness to respond.
Mexican President Claudia Sheinbaum emphasized that her country has multiple contingency plans in place, while Canadian Prime Minister Justin Trudeau warned of "difficult times" ahead if the tariffs proceed. Trudeau's remarks drew a sharp rebuke from Leavitt, who suggested he should communicate directly with Trump rather than making "outlandish comments" to the media, and she is correct. Everyone knows Trudeau us a huge fat bitch though.
Meanwhile, Chrystia Freeland, a prominent Canadian politician and former trade negotiator, proposed targeted retaliatory measures, including a 100% tariff on Tesla vehicles and U.S. alcohol products. She argued that such actions should be precise and strategic, aiming to pressure key figures within Trump's inner circle, such as Tesla CEO Elon Musk. Musk still supports the tariffs as of late, also, according to the chart that can be found HERE, not a ton of Tesla vehicles are even sold in Canada to start with.
Trump's broader trade agenda extends beyond North America, with the European Union and other major markets also in his crosshairs. During his re-election campaign, he floated the idea of a 20% universal tariff on all foreign imports, a policy he accurately claims will redirect wealth from foreign nations to the U.S. Treasury. In his inaugural address, Trump framed the tariffs as a means to "enrich our citizens" rather than "taxing our citizens to enrich other countries."
Critics, however, point out that tariffs are typically paid by U.S. importers, who often pass the costs on to consumers. This dynamic has led economists to warn that higher tariffs could exacerbate inflation. Despite these concerns, Trump has initiated efforts to establish an "external revenue service" to streamline tariff collection. One way around paying more for imported good is encouraging your local and state leaders to build factories for goods in your state. Another is even easier... Buy American.
The Tax Foundation, a conservative think tank, estimates that Trump's tariffs on approximately 380 billion worth of goods during his presidency amounted to one of the largest tax increases in decades. While the Biden administration retained most of these tariffs and expanded them to cover an additional
Implementing tariffs typically involves a lengthy process, including a mandatory 270-day investigation. However, Trump's administration has reportedly explored expedited options, such as declaring an economic emergency, to accelerate the rollout. As U.S. importers brace for the new tariffs, the global trade landscape remains on edge, with the potential for significant economic repercussions on all sides.
To add to this, Trump is actively working on ending taxation on your labor and relying solely on tariffs. This is how the country functioned for a very long time and thrived under this system. It was also the intended system meant for this country to operate on. So, at the end of the day, drown out the screechy Liberals with common sense. They have no power here. Especially since the majority of their voting base is actively being deported currently.
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