cross-posted from: https://lemmy.world/post/24657192

Summary

In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.

The remark elicited gasps from the audience.

Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.

He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.

Economists warn such tariffs would raise prices for U.S. consumers.

  • @[email protected]
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    5518 hours ago

    Trump seems to have the goal of destroying the US from all I can tell. Our economy and power are so dependent on our connections to the rest of the world and he is burning them all down. The US dollar gets replaced as the fiat currency we are wholly fucked and this dumb shit is how that happens.

    • @[email protected]
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      3217 hours ago

      Somehow, even with conservatives owning all the branches of government, it will be the Dem’s fault.

      • @coyootje
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        317 hours ago

        And they’ll even say sorry for it because they consider it “impolite” and “not done” to talk back to the sitting government or some shit.

    • @andallthat
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      1817 hours ago

      Who needs dollars when you have $TRUMP meme coins?

      • @Pilferjinx
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        312 hours ago

        Now backed by your social security! Thanks Obama

      • @[email protected]
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        1017 hours ago

        Fair. I was just thinking what the monetary system really needed was to be more obscure, cartoonish, energy intensive and unstable.

    • @[email protected]
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      514 hours ago

      And the last gasp of our conservatives as the final pillar of the whitehouse collapses into a flaming wreck due to Trumps ridiculous toddler-like mismanagement of everything will be to blame it all on the Democrats.

    • Ænima
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      414 hours ago

      That’s the point, I think, as well. I could see Putin using the useful idiot to destroy the primary rival to its superiority. The US is incredibly difficult to invade. The intelligence apparatus is too ingrained in all our communication to avoid detection. If you can’t get the rot to start from the outside, go for the inside.

      • @[email protected]
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        1217 hours ago

        If America is forced to accept austerity measures over our massive debt when the dollar is no longer fiat, regular people will be the ones who suffer sadly.

    • @Cryan24
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      417 hours ago

      He is preparing a firesale for the super rich…