Summary
Donald Trump plans to impose 25% tariffs on imports from Canada and Mexico, potentially raising prices on goods like gas, cars, and food.
The move threatens the USMCA trade deal, which Trump previously negotiated, and could provoke retaliation—Canada and Mexico have vowed countermeasures.
Analysts believe the tariffs aim to pressure both countries on immigration, fentanyl, and trade concessions.
Businesses fear economic disruption, while industry leaders warn of uncertainty.
Tax. It’s a tax on Americans. It makes the things that Americans buy more expensive. Tariffs are designed to make foreign products more expensive so that local producers can charge more. Prices are going up.
They will go higher then anything people will realize, they will stop buying and it will go up again resulting in some crashes. People are going to go very hungry and get very angry.
The billionaires will be ok, though, and isn’t that what really matters?
