U.S. President Donald Trump signed an order Saturday that places 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China, the White House said.
- Common Dreams: Trump Follows Through With High Tariffs on Canada, Mexico, and China.
- Texas Tribune: Trump orders tariffs on Mexico and Canada — Texas’ biggest trading partners.
- RFI (Radio France Internationale): Trump unveils sweeping US tariffs on Canada, Mexico, China - EU next?
- RFE/RL: Trump Announces New Tariffs On Canada, Mexico, China. What Happens Next?
But why?
To tank the entire continent so American tech billionaires can bring back feudalism
Yeah, if you force enough car companies to come close to bankruptcy, they’ll have to sell to Tesla before it folds. If left to true capitalism, musk would likely be broke before he dies. This is just an example, and the same model used for every major industry. If Tesla was valued as a regular company instead of a speculation stock, it would be in the dirt already.
I’m kind of hoping we (Canada) just ban Tesla and Elon companies in this stupid trade war, or preferably, fight dirty and disregard Tesla trademarks and make out own Teslas (while also banning the company). Elon’s wealth is tied to Tesla stock so if we can make even a bit of a dent in that, it’ll be a good day (and hilarious)
Unfortunately, you literally don’t want Tesla’s trademarks. Their cars are demonstrably worse than any other EV option including the super cheap Chinese ones. They have zero value outside of having Musk’s name attached.
Because he learned a word and built his entire policy around it.
To encourage more manufacturing in the US. Such will not be exposed to the tariffs.
Putin, why else. He wants a weakened US.
So does China. All of our economic rivals.