Summary

Trump announced that 25% tariffs on imports from Canada and Mexico will take effect on February 1, though a decision on including oil remains pending.

He justified the move by citing undocumented migration, fentanyl trafficking, and trade deficits.

Trump also hinted at new tariffs on China.

Canada and Mexico plan retaliatory measures while seeking to address U.S. concerns.

If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump’s pledge to reduce living expenses.

  • @T00l_shed
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    1028 days ago

    Yes, but i don’t believe trump KNOWS that. Instead he’s been told to do this.

    • Roflmasterbigpimp
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      428 days ago

      President Musk? Or just some randome other Oligarch?

      • @T00l_shed
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        628 days ago

        Probably, and the people who wrote project 2025 are telling him what to do