Trump to Tariff Mexico and Canada beginning Saturday. Mexico will implement retaliatory tariffs primarily targeting Trump Supporting States

RamsayBolton

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President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.

“We may or may not,” Trump told reporters Thursday in the Oval Office about tariffing oil from Canada and Mexico. “We’re going to make that determination probably tonight.”

Trump said his decision will be based on whether the price of oil charged by the two trading partners is fair, although the basis of his threatened tariffs pertains to stopping illegal immigration and the smuggling of chemicals used for fentanyl.


“Retaliatory tariffs would initially exempt the automotive industry, the sources said, sparing what has become Mexico’s most important manufacturing sector and one that is closely integrated with the United States,” Oré reported. “‘Mexico is ready to apply retaliatory tariffs of 5%, 10%, 20%,’ said one of the sources, a Mexican government official. ‘However, we are still in constant dialogue because the effects would hit both countries, jobs on both sides of the border will be put at risk,’ the sources added.”

“The retaliatory tariffs would most likely be on pork products, cheese, apples, grapes, potatoes, cranberries, and Bourbon whiskey, as well as manufactured steel and aluminum, the sources said,” Oré reported. “‘Mexico has chosen these products because they have a big impact on regions that voted overwhelmingly for Trump,‘ said the second source, who has knowledge of the government plans.
 

Ricky Fontaine

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At least they’ll take it out on the red states


:russ:
This was an incredibly smart play on their end.

Hopefully other countries follow suit.

It's time for for international players to intervene in this BS. Same cycle every 8-10 years. Country is steered toward a cliff, someone with a bit of sense redirects at the last minute, then these hicks decide they wanna crash shyt again.

Let's make it so these crackas get exactly what they want and the rest of us remain relatively unaffected.
 

Piff Perkins

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Speed run to destroy the economy and hope people blame it on Biden. Good luck. You can't just un-wreck something you broke. And given how our elections work I'm baffled they are even trying. There will be midterm elections next fall lol.

People should look at Argentina. Highest inflation in the world, clown president elected to fight the "elites"...and it's been in decline ever since. And yet Elon and tech billionaires love him because he allows them to rape their natural resources while exchanging crypto. They want higher inflation, which makes crypto more lucrative. By the time this blows up the damage will be done and even a Vance L in 2028 isn't gonna put the genie back in the bottle. This is a tech stick up.
 

Rarely-Wrong Liggins

Name another Liggins hot I'm just honest.
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You do know that states trade between each other as well so these costs will likely be passed on to non supporting states as well but it does make for a great headline. Tariffs effect the entirety of a country's economy and that's such a wide variety of goods you can't limit it to "red or blue states."

This will just encourage the low IQ residents of that state to harass Mexicans in retaliation.
 
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