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Ateo
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Trump Signs New Tariffs On Mexico
Well this ought to be interesting....
"President Donald Trump signed an executive order Saturday imposing a 25% tariff on imports from Mexico and Canada and 10% on imported Chinese goods,
according to multiple reports, reflecting his campaign promises to implement high tariffs, against the views of many economists who believe Trump’s
plan would burden everyday consumers."
[Edited on 2-2-2025 by Ateo]
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JDCanuck
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Interesting that China should be given the preferential rates don't you think? Could this be the beginning of a new China/US trade agreement and the
ripping up of Nafta?
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JZ
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Quote: Originally posted by JDCanuck  | | Interesting that China should be given the preferential rates don't you think? Could this be the beginning of a new China/US trade agreement and the
ripping up of Nafta? |
Regarding China, he likely thinks if it goes to 25% for them it will be more inflationary on Americans than the other two countries.
Plus, Canada and Mexico will back down much more easily.
[Edited on 2-2-2025 by JZ]
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JDCanuck
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Canada is the largest trading partner so they would naturally yield the highest tariff income, followed by Mexico and China. This is increasingly
looking to be a revenue source to partially replace the tax reductions on Corporations. A small 1-2% boost in inflation is the internal result if all
the threatened tariffs are put in place. In Canada, and perhaps Mexico as well, the result will be a likely recession until new tariff free trade
partners are found to replace export dependency to the US under the old NAFTA agreement. Mexico is already looking at freer trade with China as they
build manufacturing in Mexico for export to Latin America. Hello JAC and BYD and Bye Bye Ford GM and Stellantis trucks. Took very little time for the
big 3 to begin layoffs last time trade tariffs were introduced.
[Edited on 2-2-2025 by JDCanuck]
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Timo1
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Let's see how this plays out. Obviously you are way more educated in the politics than I am JD. Are you an Albertan by any chance ??
sold out and got out !!!
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cupcake
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My 'crystal ball' is somewhat foggy these days, but I see an end game (down the road game) of making the US dollar stronger (great) again. Then, Trump
can end the tariffs (and of course get something for doing this from the countries involved) while in effect still reaping the benefits of them (the
tariffs) via the stronger dollar. A stronger dollar allows for so many other things as well, like refurbishing infrastructure....and buying Greenland
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mtgoat666
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The usa trade policy based on president’s whims and tweets will fail in long term. It will encourage Mexican and Canadian businesses to seek
opportunities with more stable trading partners.
Usa may no longer be considered stable place to trade with.
Usa trading power will be diminished, because traders will need factor in risks of the mercurial king flocking everything up by tweeting every one of
his hare brained notions, and his staff changing policy daily based on previous nights tweets.
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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Tioloco
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Canada should ditch Trudeau and send in someone Trump respects. Bargaining chip #1 should be INCREASED spending to defense at 5% GDP.
Trump has said many times that is his goal. ( And it makes perfect sense)
But continuing to let Trudeau park on the train crossing will not end well for Canada.
As for Mexico, they must purge the narco corruption from their leadership. Not an easy task.
[Edited on 2-2-2025 by Tioloco]
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Tommy A
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So how long before American expats living in Mexico,start getting the stink eye from the Mexican people?
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JDCanuck
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| Quote: Originally posted by Tioloco | Canada should ditch Trudeau and send in someone Trump respects. Bargaining chip #1 should be INCREASED spending to defense at 5% GDP.
Trump has said many times that is his goal. ( And it makes perfect sense)
But continuing to let Trudeau park on the train crossing will not end well for Canada.
As for Mexico, they must purge the narco corruption from their leadership. Not an easy task.
[Edited on 2-2-2025 by Tioloco] |
No mention of 5% GDP spending regarding Tariffs up here, still focused on that huge drug and immigrant input at the Northern border that doesn't
actually exist. Last we heard it was 2%, but hey...why not make it 5%? Goals keep shifting all the time so they are now increasingly looking like weak
excuses.
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JDCanuck
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| Quote: Originally posted by Tommy A | | So how long before American expats living in Mexico,start getting the stink eye from the Mexican people? |
I had noticed a significant increase last March when i was last there, including painted graffiti signs telling Gringos where to go that I had never
noticed before. This likely won't help.
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Tioloco
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| Quote: Originally posted by JDCanuck | | Quote: Originally posted by Tioloco | Canada should ditch Trudeau and send in someone Trump respects. Bargaining chip #1 should be INCREASED spending to defense at 5% GDP.
Trump has said many times that is his goal. ( And it makes perfect sense)
But continuing to let Trudeau park on the train crossing will not end well for Canada.
As for Mexico, they must purge the narco corruption from their leadership. Not an easy task.
[Edited on 2-2-2025 by Tioloco] |
No mention of 5% GDP spending regarding Tariffs up here, still focused on that huge drug and immigrant input at the Northern border that doesn't
actually exist. Last we heard it was 2%, but hey...why not make it 5%? Goals keep shifting all the time so they are now increasingly looking like weak
excuses. |
US Customs agents say the fentanyl is coming in thru Canada in small packages to evade detection. Their intel is in dispute by Canada? Not sure what
to say about that...
As for defense spending, Trump has been clear what his expectations are on that. Seems Mr Trudeau is not the guy to deal productively with Mr Trump.
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JZ
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Somewhere between 2,000 to 3,000 young people are dying every week from fentanyl OD's.
We must secure the border and Mexico needs to crack down on it.
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mtgoat666
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| Quote: Originally posted by JDCanuck | | No mention of 5% GDP spending regarding Tariffs up here, still focused on that huge drug and immigrant input at the Northern border that doesn't
actually exist. Last we heard it was 2%, but hey...why not make it 5%? Goals keep shifting all the time so they are now increasingly looking like weak
excuses. |
Hope all of nato tells trump to pound sand on the 5 percent number. Usa defense spending is 3 percent of gdp and falling. 3 percent sounds fair for
canada.
[Edited on 2-2-2025 by mtgoat666]
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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Tioloco
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| Quote: Originally posted by mtgoat666 | | Quote: Originally posted by JDCanuck | | No mention of 5% GDP spending regarding Tariffs up here, still focused on that huge drug and immigrant input at the Northern border that doesn't
actually exist. Last we heard it was 2%, but hey...why not make it 5%? Goals keep shifting all the time so they are now increasingly looking like weak
excuses. |
Hope all of nato tells trump to pound sand on the 5 percent number. Usa defense spending is 3 percent of gdp and falling. 3 percent sounds fair for
canada.
[Edited on 2-2-2025 by mtgoat666] |
Not good advice. NATO is pointless and defenseless without USA.
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JDCanuck
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US Customs agents say the fentanyl is coming in thru Canada in small packages to evade detection. Their intel is in dispute by Canada? Not sure what
to say about that...
As opposed to the semis of drugs and weapons we are recently finding coming from the US to Canada. Seems to be a bit of imbalance there. Illegal
Immigrants meanwhile are presently fleeing the US to come to Canada, and we are returning them to authorities in the US as per cross border
agreements.
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surfhat
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As a protest in my own small way, I managed to buy three bottles of my favorite tequila, Casadores Blanco. This will last me well into next year with
my chosen and selective medicinal use. Haha.
One was $20 and it was last bottle on the shelf.
The other tequila, just in time, was at a local Smart and Final where I found an offer to buy two for $15/bottle.
The flavor that Mex and Baja gives to each and everyone of us is undeniable.
The very limited occasional partaking, in my case, and my case only, of this nature derived product has come so far from the days of salt on your
wrist and sucking on a slice of lime.
We all now can appreciate the fine sipping liquor it has become.
A couple of fingers per week suits me fine enough as a reminder of this gift from mother nature that is about as pure a product as there is.
Moderation is key in so many fathomable and unfathomable ways in all of our lives. If that sentiment remains debatable, we are truly lost.
It may take a second greatest generation effort to bring our nations founding principals back to the position it 'had' held.
Mexico and Canada 25%, are our adversaries? 25% vs. 10% for China?
Contemptible is, or should be, an acceptable response, no matter right or left, or in between.
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lencho
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| Quote: Originally posted by JZ | | Somewhere between 2,000 to 3,000 young people are dying every week from fentanyl OD's. |
Fentanyl which was without a doubt stuffed down their throats by force. 
"I can normally tell how intelligent a man is, by how stupid he thinks I
am."
"...they were careful of their demeanor that they not be thought to have opinions on what they heard for like most men skilled at their work they
were scornful of any least suggestion of knowing anything not learned at first hand."
Cormac McCarthy, All the Pretty Horses
"Be kind, be patient, help others." -- Isabel Allende
"My gas stove identifies as electric." Anonymous
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mtgoat666
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| Quote: Originally posted by JDCanuck | US Customs agents say the fentanyl is coming in thru Canada in small packages to evade detection. Their intel is in dispute by Canada? Not sure what
to say about that...
As opposed to the semis of drugs and weapons we are recently finding coming from the US to Canada. Seems to be a bit of imbalance there. Illegal
Immigrants meanwhile are presently fleeing the US to come to Canada, and we are returning them to authorities in the US as per cross border
agreements. |
The sackler family flooded the usa with oxy, caused hundreds of thousands of deaths, and the elites let them off the hook w/o jail time. Seems
hypocritical of usa govt to have given sacklers free reign for so long, then go after mex and canada for for problem caused by usa consumption.
Maybe quit legalizing drugs like pot and get tough on cracking heads of users and local dealers.
Usa arms industry in collusion with GOP-lead lax gun laws is flooding mexico and canada with illegal guns. Tell trump to stop the usa export of
illegal products!
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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JDCanuck
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Wall Street is indicating the signs are there for a China/US trade agreement on the horizon, so this is likely why he's going light on China. He and
Zi are long time friends.
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