Hey, 25% tariffs on Canada as soon as he takes office. Do you feel proud? WIll you still love Trump when your cost of living goes up or will you suck it up and still chant his name to belong and feel wanted by the cult?
This explains why he's doing that. I dont blame him at all
What’s a tariff? This is a tax on a product made abroad. The theory is that taxing items when they come into the country makes them more expensive, so people buy cheaper local products instead.
What's Trump suggesting? He's planning a 25% tariff on all goods coming into the US from Mexico and Canada, and an extra 10% on top of existing tariffs on goods from China.
How do tariffs work? It's paid by the domestic company that imports the goods, not the foreign country that exports. But Trump insists that tariffs will hit other countries, for example they may be forced to lower their prices.
Why’s Trump doing this? Trump says the tariffs will be in place until Canada and Mexico clamp down on drugs and illegal migrants crossing the border. The China tariffs will last until it cracks down on fentanyl being smuggled out the country, he says