• Phoenixz@lemmy.ca
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    4 days ago

    Fixed headline:

    Cheeto warns Canada, Mexico that he’ll destroy his own economy come Saturday

  • kandoh@reddthat.com
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    4 days ago

    Car prices are going to go crazy lol.

    Michigans entire economy is based around getting car parts machined cheaply in Ontario.

  • resin85@lemmy.ca
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    4 days ago

    He cited the influx of migrants at the southern border, the flow of fentanyl into the United States and the trade deficit the U.S. has with its neighbors.

    43 pounds. That’s how much fentanyl was seized at the US-Canada border in 2024. 43 pounds. He’s going to destroy a $1 trillion trade relationship over 43 pounds. If you voted for this asshole you are an utter moron.

    • Krompus@lemmy.world
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      4 days ago

      To be fair, fentanyl is ridiculously potent, so 43 lbs can do a lot of damage.

      It’s still insane to cite that as the reason for the tariffs. I am no longer buying US imports. He has threatened to invade multiple times, and I will stand on guard.

  • tiredofsametab@fedia.io
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    4 days ago

    Hrm. Maybe I should pull some money out of my US account tomorrow morning. Not sure what, if it happens, would do to the exchange rate

  • Aceticon@lemmy.dbzer0.com
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    4 days ago

    I suggest the counter is to stop respecting Intellectual Property for anything registered in the US, not just US Copyright but also Patents and Trademarks.

    The US doesn’t actually make much and is hugely dependent on Intellectual Property to extract wealth from other people making stuff.

  • Dead_or_Alive@lemmy.world
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    4 days ago

    If Trump does raise tariffs across the board on Canada and Mexico we will have stagflation well within 6 months. There will be nothing the Fed can do to stop it as this is not market driven. There is no way they can even pretend wages can keep up with a sudden artificial 25% price increase.

  • SulaymanF@lemmy.world
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    4 days ago

    Canada and Mexico are reportedly at a total loss because they have no idea what Trump even wants. It’s being reported that Trump wants to slap actual tariffs on someone just to show he means business.

    • Phoenixz@lemmy.ca
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      4 days ago

      It’s simple.

      Trump wants Canada just to surrender and become a US state, which would immediately destroy the Republican party as Canadians (relative to the US anyways) are Marxist leftists.

      Obviously Canada tells the US to go fuck an umbrella

      Trump wants to invade Mexico “to stop the drugs”. This would result in a lotmor US military hanging from bridges, probably not the brightest idea either

      In reality though, trump probably doesn’t want either. Warning : semi conspiratorial rant following, take it with a grain of salt.

      Trump doesn’t know what the hell he’s doing, he’s an absolute idiot. He’s just following the directions of project 2025. This all seems to be distractions to keep the US public busy looking at a laser pointer while all the rich buddy buddies are robbing nthe country blind. I’m assuming there is also some pushing from Putin and poohbear somewhere in there to get rid of the one country that can stop them.

      I’m guessing nobody has really thought about consequences, nor do they care, they’ll be filthy richer so fuck consequences.

    • thunderstruck@lemmy.ca
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      4 days ago

      Trump wants loyalty. Hurting the US with tariffs is the point, not a consequence. Just look at how many people have lined up to support him hoping they’ll get a carve-out from his tariffs? He loves that word so much because it causes fear domestically, and that fear drives loyalty.

    • Chip_Rat@lemmy.world
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      4 days ago

      While it’s impossible to know what this shit bag wants, I listened to an interview with some asshole from some conservative think tank and by the end my vibe was this:

      America is big and strong. In the past America has played fair to the benefit of everyone. But now America wants to be the biggest and strongest, and everyone else needs to be subservient to the American Masters.

      Basically America wants to be a bully by impose tariffs and not having the other countries return the favour. America wants every other country to bend over and take whatever tariffs America wants to impose without consequence

      In this perfect world it would allow America to start building up their own companies, forcing consumers to buy American and drive demand for new manufacturing businesses.

      Of course this all STILL falls apart with just a few basic questions like “if Canada does not impose counter tariffs (and even if they do) their economy will suffer greatly. Is it important for the USA to have economically healthy allies?” and “Why jack the prices so suddenly without allowing time and investing money in these new business that will be needed?”

    • AnUnusualRelic@lemmy.world
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      4 days ago

      Apparently he wants the US people to pay between 20 and 100% more for pretty much everything? At least that’s my take on it.

      • bitchkat@lemmy.world
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        4 days ago

        Gotta keep those campaign promises. He was pretty clear that he was going to make inflation worse and raise federal taxes for 99% of us.

      • bitchkat@lemmy.world
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        4 days ago

        He thinks tariffs are paid by the exporter. I’m not sure if he thinks this is the company exporting goods because I wouldn’t be surprised if he thinks its paid by the government of the country the goods came from.

  • buzz86us@lemmy.world
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    4 days ago

    So like how does he do this without screwing over 90% of our automotive companies?

    I thought he was trying to… Lower

    Prices

  • merc@sh.itjust.works
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    4 days ago

    I really hope Canada and Mexico do Free Trade Judo, rather than just counter-tariffs.

    If Canada imposes a counter-tariff on American goods, it just makes things more expensive for Canadians. But, USMCA required that Canada and Mexico agree that the big tech companies can’t be sued in Canada or Mexico for content appearing on their platforms. Fuck that rule, let the lawsuits fly.

    The update to NAFTA also required that Canada and Mexico adopt the ridiculously long US copyright term limits, making it life+70 years instead of life+50. So… go back to the original rules and bring a bunch of copyrighted American content into the public domain.

    Mexico was required to adopt the “notice and takedown” bullshit from the DMCA. Fuck that. Mexico can go back to their old system. I don’t know what they used, but I’m sure it was better for the end-user than DMCA bullshit, and changing it back would only hurt Hollywood.

    Instead of just counter-tariffs, make things cheaper and better for Canadian and Mexican citizens. In particular, fuck American copyrights. It’s ridiculous that Canada and Mexico were forced to bend over backwards for the benefit of Disney and friends. If the US wants its neighbors to respect its IP, then it needs to respect the free trade agreement that Trump fought for and signed.

    • chuck@lemmy.ca
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      4 days ago

      This is exactly what we need to be looking at, that and patents, DMCA.

      I also hope we latch on to EU directives and force companies to have proper GDPR like requests

  • chuck@lemmy.ca
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    4 days ago

    Neat the power to the us gets shut off 6 hrs after the announcement 🤣

  • not_that_guy05@lemmy.world
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    5 days ago

    Guys I hope people haven’t forgotten that the trump admin changed NAFTA when they were in previous term.

    We are in this “unfair slump” because they can’t even do a deal right.

    WTF was it, something something art of the deal or something?

    He will tank the US just like he tanked all his businesses.

    • Kecessa@sh.itjust.works
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      4 days ago

      Oh don’t worry, it’s on the table, funny that this shit is happening not long after Quebec started exporting electricity to the US only to realize they should have kept that capacity for themselves because demand is only increasing… The problem might just solve itself!

  • shalafi@lemmy.world
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    5 days ago

    Crash these economies, with no survivors. (OK, bad day for that one.)

    Until people see the results of fascism, it’ll keep creeping and creeping. Right now it’s at full throttle. Let. It. Run.

    LMAO at Americans bitching about grocery prices. Well over half of us are getting plenty of calories. There won’t be change, let alone revolution, as long as we’re all fat, happy and something is on the tube.