Canada, Mexico and China slam Trump's tariffs
www.nbcnews.com
U.S. allies Canada and Mexico said that they would implement tariffs on the U.S., a move that signals further economic upheaval among the close trading partners.

Summary

Trump signed an executive order imposing 25% tariffs on Canadian and Mexican imports—excluding Canadian energy at 10%—plus additional duties on Chinese products.

In response, Prime Minister Justin Trudeau announced a 25% duty on $155 billion in U.S. goods, beginning with $30 billion in tariffs Tuesday.

Mexican President Claudia Sheinbaum indicated reciprocal tariffs, rejecting claims that Mexico tolerates criminal groups trafficking fentanyl and insisting on respect for sovereignty.

Experts warn these tit-for-tat measures could drive up costs, disrupt supply chains, and mirror the previous U.S.-China trade war, possibly harming security.

  • AA5B@lemmy.worldEnglish
    6·
    3 hours ago

    Maybe they realize Trump is the enemy, not the rest of the US. How are they retaliating for a temporary and baseless trade war based on personal spite, with something that won’t work until after he’s gone? Why do something that affects both sides over the long term, when this could easily disappear if Trump is distracted or finds a way to yell “WIN”

    If this is anything like last time, Trump just wants to put his name on a new trade treaty, regardless whether anything changes, so he can brag about being a great negotiator. His followers eat that shit up

    • whats_all_this_then@lemmy.worldEnglish
      1·
      1 minute ago

      Not trying to get into an in-depth discussion (because I know nothing) but from the outside looking in, going tit for tat and hoping the next guy’s better (or that Trump doesn’t make himself President for life) doesn’t seem like a good long term strategy. Tariffs may be necessary (convo above) but ultimately are going to hurt the people of the issuing country the most and at a time when most are struggling already.

      Trump’s not the US and people in the US definitely shouldn’t get punished for his crap (unless they actively voted red, abstaining…sucks but I get it tbh), but he’s just proved he’s willing to start a trade war with friendly nations and the US has proved it’s willing to hand the country over to someone like that. Twice. Trying to find better firends (in terms of trade deals and whatnot) seems like the smart move here. Every other nation having to jump through hoops any time this guy wants to earn brownie points with his supporters doesn’t seem like a good foundation for a trade agreement to me.