This is going to have hilariously predictable consequences.
Prices will fall for things we produce & prices will climb for things we don't. When Trump had a much smaller trade war in 2018 the price of corn fell by 20% over 2 months because countervailing tarrifs and it wasn't until Rona that they recovered.
Futures started pricing this in on Friday (all grains were down, meat was up) but Monday is going to be fun. Anyone who owns a farm in the US and isn't a corp who can hedge this is fricked.
First consumer price to see movement is going to be onions as they don't have a futures market. Anything that's harvest to supermarket in days-weeks will be next, anything that gets sprayed with water/is refrigerated.
We are also going to see next week if congress are going to hide in the corner while their authority is being usurped or not. POTUS doesn't have authority to do tarrifs like this absent a declaration of war.
Edit: Canada have already announced countervailing tarrifs. https://globalnews.ca/news/10992959/donald-trump-tariffs-canada-feb-1/ waiting for the schedule and hoping they are troll enough to stick 100% on Teslas for the lulz.
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Crashing the economy to own the libs
Although I doubt most americans will notice vegetable prices increasing
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Vegetables are important part of their favorite cold sauces.
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all american processed food is > 80% corn by volume
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Literally cattle
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Slobbing and goysloppin
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Maybe those frickers at McDonald will finally learn to hold the fricking salad!
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Maybe you should learn to hold a salad, fatso.
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is this bbbb reincarnated?
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Probably be good for US economy. We areless reliany on Mexico than they are on us. Same with Canada.
Notice how Chinese tariffs didn't cause any issues for US economy, despite us being more reliant on them for a whole industry (manufacturing).
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Anyone who believes this should be disenfranchised.
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This is just like when Milei ending all the government gibouts was going to destroy their country
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It will be good for world economy if it sticks tho. NAFTA led to a lot of inefficient industrial buildup in Mexico and Canada, those jobs should be distributed among the Asiatics who can work and now compete at same tariff rates.
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The entire point of the world economy is to sell slop to americas rich middle class lmao
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American elites spent 80 years rigging the world order in favor of burger consumers, only for those same slopivores to believe the economy was rigged in everyone else's favor
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I upkongd you as my yearly charity to retsrded people. God bless little fella
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Its only realistic way for low income countries without natural resources to build up trade surpluses to offset necessary imports for modernization. Japan, Korea etc have shifted out of that phase. But their consumers didn't attain that level of affluence yet.
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Japan and Korea would be back to wearing slippers and eating rice with fish sauce if America sank into the ocean. First North Korea would go and eat South Koreans literally because they are starving, and Japan would immediately and instantly fall out of our spell and go back to genociding the Chinese like a rat extermination company in New York black suburbs.
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Distribution of labor and competitive advantage for 500 Alex
We gonna buy Avocados from Mumbai?
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!bharatiya what do (((they))) know
Should I become an avocado farmer?
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You should. But what are the logistics of putting avocados on a container ship in the most sweltering part of the world? How about USDA certification? Setting up a cold chain?
And they still cost more than Avocados from Michoacán. So we're paying more regardless
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This is why tariffs are sometimes useful as leverage: the pain you inflict can be greater on the other country than on yourself. But, you're still inflicting pain on yourself, and that pain needs to be a means, not an end. Trump seems to have forgotten that last part. !neolibs
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Yeah, this is one of the things I dislike most heavily about MAGA, the satisfaction of "frick you" is often considered a worthy end in and of itself, even if it's delivered in a context that clearly plays out to your disadvantage by any other measure.
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Good results require clear demands.
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leafs and tacos suffering is the end
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If a 25% tariff on Canada destroys our economy, it wasn't a real economy in the first place.
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Submit that as an emoji pls.
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How i stole it
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!marseyartists
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just crop out the white background and submit it anyway, 99% of the emojis here are stolen too
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Are any other non-Americans here kind of freaking out about this? It looks like our days of taking advantage of American generosity by flooding their market with cheap, foreign-made imports might be DONEZO. I guess I just never expected Donald to be such a tough, no-nonsense negotiator like this.
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"The media is holding, but public opinion is starting to shift after decades of abandoning the working class in favor of foreign criminals. What do we do?"
"I know! Let's get everyone who stayed home on voting day to spread the word about a 2/5 protest. (And then not show up anyway)"
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I can't tell if this is satire or you genuinely believe the US was victimized by these trade relationships.
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All of the bush people sweetheart deals are over. Canada has to completely capitulate or their economy is toast. They will have to mass export their Chinese and Indians
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!historychads this may be the Saturday night liv..I mean liquor talking but I think there's a slight silver lining to this...
After NAFTA a lot of really important(labor intensive) US Companies moved just south of the border into Juarez. The Managerial Cadres, Analysts, Consultants could move to and from there within a day's notice, it's not deep inside Mexico and it has access to cheap labor.
Here's Paul Theroux in his "On the Plain of Snakes" Mexican travelogue
Keep in mind, that this Juarez workforce is an ever revolving workforce with no security, benefits and rife with danger. But in a country with few other economic opportunities few can complain.
This gives rise to the Maquiladora community, women who work in these communities, who have no sense of community because of this ever revolving workforce and constant turnover. That is why r*pe, abductions, disappearances and female homicides in Juarez are sky high compared to any other place on Earth. And on top of that they are always trying to get to the other side. This smuggling lines the pockets of drug cartels.
What will happen if due to these tariffs, the prices go up by 20%? If those companies move back in Arizona or Texas?
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20% is too low. We need to fine the Mexican gocernment $10,000 per illegal immigrant and raise tariff to 80% until they build a wall or implode.
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They have a free trade agreement with the EU and Canada and China will move in so I imagine they'll be alright. They'd be good to never trust us again. They can live without Yeti coolers
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nuclear missiped
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Lmao elections have consequences. Will you be doing the work stoppage on 3/4, or was it 4/4?
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keep yourself safe
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No, they're sky-high because these border areas are cartel-infested smuggling corridors. Border areas of Mexico with none of the NAFTA factories are also shit.
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All along the border is shit. The women workers there who migrated from other parts of Mexico to work in their own country become huge collateral damage to the roving bands of cartelshit, criminals escaping either side etc
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lmao I go to Juarez all the time, unless you're buying drugs, shit is fine. If you're buying drugs you deserve everything that happens to you. There aren't any roving bands of whatever the frick people think. Ugly city though. So is El Paso, for that matter
!latinx
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I binged Narcos: Mexico and I finally got your point lol but also
That Juarez femicide thing could have been real True Detective Season 1 tier TV. AND IT'S A REAL PROBLEM. Instead they just crammed it in like a B-plot.
Also I liked that cop's accent so much. I have never heard Spanish in that accent. It's almost like the equivalent of a Tennessee accent. Very singy songy.
Can you ping Latinx and ask them too?
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!latinx
I think Luis Mendez was attempting a Chihuahuan accent which is from that area of Mexico and kinda different. They swap C for S in their speech. They also have a lot of English loan words. Most of the North of Mexico has their equivalent of the redneck accent.
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Para eso nos llamás?
Mejor decile que se vaya a la concha de su re-putísima madre.
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I hate, hate, hate every "documentary" or news reel about LATAM made by burgers and euros.
They always choose the absolute worst, poorer, dirtier, crime infested shitholes they can possibly find and make it look like entire countries are like that. Both lib and rightoid media do that.
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I hear this same tired cliched argument by all of Central, South America, Africa, Asia
!dramatards what do they mean by this?
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!veterans One of my buddies was stationed in Peru for a while and one of the first things he saw was a child being dragged into an alley by a dog from a bus window
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Because is a specific subset of desperate poor people who migrate, is not like 90% of the population lives in slums and South American countries don't have the same emigration rate as Central America. You can't compare Argentina, Chile or Costa Rita to Honduras and Guatemala.
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The poor from Hondumala migrate via coyotes
The rich from Chilgentina migrate via work and student visas.
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Subsets of middle class professionals do that as they can get better salaries (not all of them, it became more common for Argentinians than Chileans as Argentina's crisis became more dire), wealthy Chileans (those with actual patrimonial wealth) stay, but the same thing applies to European professionals who move to the US.
You can make more money in the United States, but my point was about burger and euro media cherry picking the worse. For instance only 8% of Brazilians live in favelas but a foreigner would think is like 50% judging by films and docus, that's because they go to Rio de Janeiro which is infamous favela-covered. Then you have mid sized cities with hundreds of thousands of inhabitants in the South and Southeast with barely any slums.
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— Gaston de Raousset-Boulbon !americas
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@Frank_Williams think the average American would do good by traveling too Nuevo Leon
long live the ccp
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I didn't watch Sicario. Narcos is about Colombia r-slur. I started searching about it after Trump's FTO
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NARCOS MEXICO
If you haven't seen it go watch it because it's pretty good
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I stopped watching Narcos original after Pablo died :(
I didn't like any other character
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I know he was a shithead murderer but I felt kinda bad when he died like he did. But the Colombians had enough.
Wagner Moura is a good actors. His spanish accent is lol though. Like a movie with JFK but the actor has a Jamaican accent
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Oh boy this is gonna be fun
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He said he was going to double them if they did countervailing tarrifs so I expect them to reach 1000% by the end of next week.
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Maple Syrup: 5000.00 a bottle
Also not so funny: Lumber and Natural Gas which the US imports 35% of, but those are the same yankee swing state voters that will freeze to death if this keeps up
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Vermont producers ready to tap that shit
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I suspect CA is going to have unusually high demand for lumber.
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They might not rebuild cause they don't want to have the filthy poors around from the mandatory section 8 housing.
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if he wants to end the trade war, he should put a 100% tariff on canadian oil
they pipe like 80% of their total oil production to the us. we keep some of it. the rest we refine and sell back to them as gasoline because they have hardly any refining capacity.
but blanket tariffs are super r-slurred, so i doubt much good will come from this.
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Or the canadians will increase their refinery capacity because oil demand isnt going anywhere and the US gets cucked out of the profits indefinitely
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Stupid Americans didn't realize that Canada can just will tens of billions of dollars worth of oil refineries into existence at a moments notice
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they'll have to roll back a lot of environmental regulations. that's why so many of their refineries closed. they overregulated the shit out of them.
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The Canadians are saying if this gets really bad they'll tax oil exports. They're not doing that immediately because the oil-producing provinces were already butthurt before this, but if they get desperate enough there's nothing to stop them.
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that would be nice because if they do, it'll be cost-effective for us to go all-in on the bakken formation again. then trump will have actually created jobs with this crap.
if it happens, canada will need to build a lot more pipeline to get the oil to a port so they can sell it. they literally can't get most of it to anyone but us right now. alberta's been bitching about that for a long time because their federal government's been killing pipeline plans due to overzealous environmentalism and spurious claims that injuns used to seasonally hunt on the land 400 years ago
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The wildfires were actually good because it gave so many people new jobs !nonchuds
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oh no, it would be terrible if we started fracking out in the middle of nowhere again and were back on track to energy independence again, creating high-paying extraction jobs for american citizens instead of canadians
gee guys, that cheap gas and those high-paying jobs that only required high school diplomas were terrible for america, amirite. truly a dark age. it's a shame we let that fricking fascist obama get away with raping mother earth.
!chuds !bluecollar
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On net, the people lose from tariffs. Producing more oil would be great, but a 10% tax on that from the US doesn't help.
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For all of Biden's presidency, I sat next to three MAGA boomers at work who would constantly quip about Biden's mental decline, age, DEI hires etc.
I never said anything the entire time, mostly because there was actual concerns about Biden. It was just more annoying to hear boomer blame Biden for gas prices.
Now I get to do it back.
I'm excited to see when grocery prices and gas prices actually increase fast. Now I get to make my quips at Trump.
I expect to be in the HR office within 3 weeks. Boomers often struggle to take the heat. I bet they'll still blame Biden/Obama for the tariffs.
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Bro, you do know that Biden kept Trump's tariffs in place, right?
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He kept targeted tariffs to things that we can produce domestically. Not random
shit like food, from Canada 
and Mexico.
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mexican food is cheap and shit. frick them. and no one even eats vegetables lol
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I do
I LOVE vegetables
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ur blood is prolly like 20% round up
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i dont use roundup
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if u only eat vegetables u plant then thats the exception, but eating store bought or farm vegetables is turrible 99% pestos
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every other year I have to use sevin dust on something
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Oof, bb
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Here's how trump is gonna crash the economy for the 40th time (for real this time though)
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The walls are closing in
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You know it's coming. I'd be happy at the schadenfreude, but even while I will be very safe and comfortable, so many innocent unfortunates will be caught in the wake of this buffoon.
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