Posted on 02/27/2025 11:43:27 AM PST by ChicagoConservative27
President Donald Trump has confirmed that his proposed tariffs on Mexico and Canada will begin on March 4, with an “additional 10 percent tariff” likely to be charged to China.
Drugs such as fentanyl “are still pouring into our country from Mexico and Canada at very high and unacceptable levels,” Trump wrote on Truth Social, stating that many of them are “made in, and supplied by, China.”
“More than 100,000 people died last year due to the distribution of these dangerous and highly addictive POISONS. Millions of people have died over the last two decades. The families of the victims are devastated and, in many instances, virtually destroyed,” the president continued in his Thursday morning statement.
(Excerpt) Read more at breitbart.com ...
What are the key products imported from Canada and Mexico?
Are American companies prepared to produce and sell those products in the measure needed to replace imports of those products?
We can make them here but there has to be deregulation and massive incentives for plants to expand. It won’t happen overnight, it when it does it will be amazing!!!
I look at it this way and I’ve done illegal drugs in my youth, If you don’t trust the source you don’t do the drug!
If these people dying are that stupid then well, no loss.
Most dealers don’t want to kill off their
regular clientele.
Dealers are businessmen. If they can keep you hooked and alive for 20 years, much better than a cheaper chopped
dose that kills the customer
The lumber in my house is stamped Made In Canada.
I thought he changed it to April 2nd..?
I am no deal-making genius, but I have been a financial professional for 45 years and I am concerned about tariff warfare.
First, It would make sense to go after ONE adversary, and that would our biggest one, China. Going after EVERY trading partner makes it seem like the White House is emulating Oprah: EU, YOU’ll get a tariff, Canada, YOU’ll get a tariff, Mexico, YOU’ll get a tariff. If we concentrated our fire on China and succeeded in getting better terms, the rest of the world would fall into place.
Second, it’d make sense to lay out your objectives before imposing tariffs. What are the concrete measure that countries can enact to avoid tariffs? I haven’t seen a one. (This parallels the Russian invasion of Ukraine, where Putin never said what his demands were by issuing an ultimatum.)
Third, a lack of specificity in arguing the necessity of imposing them. The offending industries should be listed. If Belgian steel is unfairly underpriced, we should target Belgian steel, not Belgian chocolate.
Fourth, ignoring existing trade treaties. The United States-Mexico-Canada Agreement (USMCA) was enacted by President Trump on July 1, 2020. In it are the means of settling trade disputes. If it was inadequate, it should never have been signed.
It’s not enough to say, “they have been sticking it to us for years.” Specify how so and what our demands are.
By demanding specific improvements in trade conditions, the Administration will have a better way of measuring success both for it and for the American people.
Auto production here in the US relies on Canadian and Mexican components. Sticker prices will soar if 40% of the cost of making a car goes up 10 or 20%
If all he’s doing (for most of the countries) is mirroring their tariffs on us, then doesn’t that encourage bilateral disarmament? We hammered China pretty hard in the first Trump term and those other nations didn’t change hence the current action.
With all due respect, you are stating generalities.
“We hammered China pretty hard...” How so and what were the specific results? Our trade deficit with China has been fairly sticky at $300-400 billion.
As to “mirroring their tariffs,” that doesn’t make sense to me. I’m not interested in tariffs on products that are imported at fair prices, only those with unfair advantages. My steel/chocolate example expresses that.
My view is that it is best to have domestically-sourced replacements for key items ready to go before imposing tariffs that may cause prices to go up for those key items.
I agree 100%.
Apparently increased Treasury income, but maybe everyone's lying about that.
that doesn’t make sense to me.
Product X has a 10% tariff on it, we put a 10% tariff on their's. Probably not a 1:1, but at least it's something and opens the door to "you drop yours and we'll drop ours."
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