Canada and Mexico hit back with retaliatory tariffs on US as Donald Trump risks trade war
The leaders of Mexico and Canada - two of the US's largest trading partners - have responded to the US president's steep taxes on imports.
Canada and Mexico to impose 25% tariffs on USA
- Thread starter stinkynuts
- Start date
Niotice how really powerful China is, they don't need to retaliate with tariffs on the USA, they just put the word out and US goods just stop being ordered because they can make almost everything under the sun for less. Just without a peep. billions of dollars in orders for US goods are not placed.Canada and Mexico hit back with retaliatory tariffs on US as Donald Trump risks trade war
The leaders of Mexico and Canada - two of the US's largest trading partners - have responded to the US president's steep taxes on imports.news.sky.com
What will they tariff anyway?
Imports from the US to China is 1/5th their exports to the US.
Agriculture so the farmboys that voted MAGA will go broke and lose their farms. But because of how they organized their economy they can just put the brakes on orders. Which they will do. Same effect, Brazil wins USA loses. They will move more goods through other Asian nations to avoid tariffs.
For any subsequent cars I think it will cost 125K. They may do % of value add as well, which may result in less then 25%
The last time, Trump imposed Tariffs on China, farmers in the United States were severely affected. Many became bankrupt because their margins are very low, and this led to stress, and an increase in suicide.
www.forbes.com
Amid Trump Tariffs, Farm Bankruptcies And Suicides Rise
Farmers have seen their incomes slashed due to factors outside of their control. However, tariffs imposed by Trump and China’s retaliation are making their situation even direr. This has led to a rise in farm bankruptcies and multiple people warning about the increased stress leading to suicides.
www.forbes.com
Great speech. Say what you will about Trudeau, at least he's not a convicted rapist.
The last time those morons did this they had to massively bail out the farmers and China didn't send any computer chips for cars. Good times ahead
Trudeau needs to stop with this bullshit. Someone competent needs to go to the scary orange man and negotiate.
Canada GDP $2.14 trillion
US GDP $27.36 Trillion
If Canada were a US state it would be #4 in GDP.
It’s like the old days when your dad was might use the belt on your sibling and you’re hoping they just do something to change his mind.
Canada GDP $2.14 trillion
US GDP $27.36 Trillion
If Canada were a US state it would be #4 in GDP.
It’s like the old days when your dad was might use the belt on your sibling and you’re hoping they just do something to change his mind.
Canadians do not like to be bullied. Have you noticed that Canadians have been united by the attack by Trump?
I suspect Trump will do his El Duce imitation and increase tariffs further.
PeterP would kiss Trumputin's bare ass and say "More please".
You have no idea what competency looks like if you look up to Trump and trash Justin's speech which was awesome.
vs LIES AND BULLSHIT
We will leave it at that. Actions speak louder than words. Will see where it goes.
Except the US has a deficit with Canada.
So it is your lives that's going to be more expensive.
Worst case scenario for Canada is a lot worse than worst case scenario for US. Here’s to Canada to win this trade war.
On a side note, this fool Trudeau is the one who wrecked your economy yet now you say oh “good speech” Trudeau! Fickle fickle crowd here.
Trudeau didn't wreck Canada's economy.
Canada's economy isn't wrecked.
Canada actually kept inflation and interest rates lower than the US.
And the only thing that matters is the trade numbers.
Canada is the largest trading partner for the US and the US has a trade deficit.
More of your imports will be more expensive than ours.
USA vs Canada is one thing, USA against the rest of the world is something else.
Against all odds, Trump has made Trudeau look good.
