Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
American here.
Don't counter with tarrifs. Counter with embargoes. Trump loaded you a gun and handed it to you. Pull the fucking trigger already.
We're doing both. Both BC and Ontario are cutting off American Booze. That's gonna hurt American company's hard.
My hope if Trump keeps it up we cut off the power, and better yet the gas. Although that might make him try to invade or something.
Up next will be him calling Canadians Nazis and trying to annex Quebec.
My hope if Trump keeps it up we cut off the power, and better yet the gas. Although that might make him try to invade or something.
I think US history is clear. Mess with the US oil supply and you get the smoke.
I get what you're saying, but the US being Canada's biggest trading partner would absolutely destroy Canadian economy right together with the US economy
honestly countries affected should just go the nuclear route and embargo the US. in retaliation. Canada especially.
Yes it will fuck both sides, but it'll get the point across these tariffs are stupid
The very best thing that can happen for our future is for these tariffs to have disastrous consequences. It will suck for all of us and people will suffer needlessly, but we're here because people have lost all sense of consequence and think this is all semi-fake WWE roleplay and that their "side" is somehow destined to win some great ideological battle.
If we crash and burn as a nation and hit a new great depression, I like to think that people may generally put more thought into who they elect to represent their needs.
Either way we're cooked, so I would like to see some good come from this.
Stockpile about a month's worth of food and fresh water and get a gun.
Grow a spine and make it 100 percent. The quicker trumps masters learn it wont work the better.
Tariffs hurt the country imposing them the most
So from the conservative viewpoint, what is the rationale for the tariffs? Are people really supposed to believe it has something to do with fentanyl? Like do conservatives actually believe that or is there some other narrative besides Donald Trump is looking to flex his power?
For the most part it's not getting the kind of attention you might expect, they are seeing this as all "part of the plan" and celebrating their great trade-warrior leader punishing the "bad guys" and the white house has deliberately withheld a LOT of the information about what's going on. Most of the breaking stories we've gotten have been from foreign press. We didn't even hear the tariff schedule until fucking France media issued stories.
There is not going to be the satisfaction we all hope for, not until there's literally a new dust-bowl as we get ravaged by a new great depression, which as bad as it could be, might be our only hope for a more balanced political system going forward. I hate that these clowns have made me into an accelerationist but here are.
Back in 1890, there was no income tax. The federal government was funded through tariffs. With the upcoming rewrite of the tax code, the current administration needs new revenue, and trariffs are one of the few the president cab levy unilaterally.
Yeah I'm confused because this is going to ruin American billionaires. Doesn't maga worship billionaires?
Does this break/invalidate the existing free trade agreements between the countries? Does this mean that NAFTA and TRUMPFTA are now void?
I don't think it's void exactly - there's some stuff around visas that's still active. But yeah, as far as being a trade agreement it's pretty worthless.
No, silly, this means America is Great Again. /s
Personnaly I would put a mirror tarrif. Tax the stuff going out to USA. Canadian economy will slow down, don't make life more expensive for Canadians. And that way Americans might notice it faster if they pay 50 percent more.
The problem here, specifically, is that once imported items go up in price, there needs to be regulations that blocks local manufacturers from just upping their prices to match. Otherwise the imported items are still a viable purchase and tariffs will not work as a counter measure.
So from my understanding and the consensus from Reddit/Lemmy when Trump first announced tariffs is this will only hurt consumers because the companies will pass the cost onto the consumer. Now that Canada is doing the same does this means that they are also passing a secret tax to their consumers as well? I'm not Canadian but I thought they were having a hard time with their economy right now so is this the best move to make for the consumer?
Trump is putting tariffs on things Americans buy from overseas that he believes should be made in America. The gamble is that companies that makes those products will choose to open factories/production in the US in response to the tariffs, which will create new jobs and growth in the country.
In comparison, retaliatory tariffs suggested by Trudeau and Sheinbaum are going to impact high demand goods that Americans import that would be very difficult to source in the US (or elsewhere in the world) in the short term. There is unlikely to be significant impact to the Canadian or Mexican economies because Americans must purchase those items and absorb the extra costs.
An example is cars, which can move back and forth across the border many times during assembly. Car manufacturers must simply absorb those extra costs due to the tariffs now.
Nobody sid it would only hurt consumers
It would hurt consumers first which is why the majority of the canadian tariffs are delayed 21 days
That's a good question, but it seems Canada tariffs will not be broad-based like US is doing. Instead limited to items that are either not critical consumer items, or can be sourced elsewhere at similar cost.
I imagine you have a fridge, a stove, and know how to cook. Sometimes you cook at home, sometimes you eat out.
Let’s say that you want to stop eating out, or maybe save money, or maybe you do it just because it’s fun: each time you order out, you put 25% of the bill in a jar at home.
Eating out becomes more expensive for you (now that you need to pay the jar), but the restaurant makes the same money. In the long term, the restaurant might loose out on money if you decide that paying the jar is too expensive and you just decide to cook at home. But hey! You have a jar full of money at home. Maybe you’ll do something with it one day.
Replace the jar with tariffs and cooking out with whatever we buy from around the world and you have what’s happening now.
But a more accurate example for America would replce the kitchen at home with just microwave
America destroyed their manufacturing capacity outsourcing it all and failed to reinvest any of the profit from that move
Factories don't pop up like in the sims games