this post was submitted on 03 Feb 2025
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politics

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Summary

Trump’s new tariffs on Canada, Mexico, and China sparked backlash from business groups, economists, and some Republicans, who warn of rising prices and economic disruption.

The tariffs—25% on Canadian and Mexican imports and 10% on Chinese goods—prompted retaliatory measures from Canada and Mexico.

Critics, including the US Chamber of Commerce, call them a tax on American consumers. Economists estimate a $200 billion hit to the US economy, with inflation rising.

Trump defended the move, even suggesting Canada should become the US’s “51st state.”

top 26 comments
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[–] __nobodynowhere@sh.itjust.works 1 points 30 minutes ago
[–] AlecSadler@sh.itjust.works 1 points 1 hour ago

In the end, corporations that suck Trump's dick will get exemptions, those who don't won't. It'll increase wealth disparity and crush small business / competition.

The suffering is the point.

[–] Pofski@lemmy.world 2 points 1 hour ago

I was going to say to have your cake and eat it, but with the price of eggs over there I'm not really sure they could.

[–] Treczoks@lemmy.world 6 points 2 hours ago (1 children)

They had known before the election what he was planning. So how come they are complaining now instead of preventing him before?

[–] TacoSocks@infosec.pub 1 points 13 minutes ago

They want everything else he is cooking, they think they can control him in this one issue.

[–] zachimusprime44@lemmy.world 48 points 6 hours ago (3 children)

man, if only we didn't elect this guy and instead elected the better alternative that was available at the time.

[–] Zero22xx@lemmy.blahaj.zone 3 points 2 hours ago

Yeah but she was a "female". Ew, cooties. And Joe Rogan the alpha instructed all of his alpha followers to vote Trump, so they did the alpha thing and obeyed him without making their own informed decisions. And did I mention she's a feemale? I ain't gonna vote for no woke DEI feminist illuminati agenda.

(/s just in case)

[–] Clent@lemmy.dbzer0.com 8 points 3 hours ago

But genocide Joe!

Weird. I could feel my brain starting to unwrinkle after typing that.

[–] CharlesDarwin@lemmy.world 6 points 3 hours ago

I was told by so many people she would have been just as bad because something something capitalism neoliberal status quo centrists.

[–] FoxyFerengi@lemm.ee 72 points 7 hours ago (2 children)

He just announced he's going to put tariffs on the EU, and said maybe the UK unless they want to make a deal.

This is so mind-numbingly stupid

[–] TheEighthDoctor@lemmy.zip 6 points 2 hours ago

Almost as if the foreign country that helped him win both times has an interest in a weak US economy.

[–] DigitalNirvana@lemm.ee 45 points 7 hours ago (1 children)

It’s only stupid if one wishes to see the US prosper. Clearly that’s not the plan they are operating from.

[–] bassomitron@lemmy.world 46 points 7 hours ago* (last edited 7 hours ago) (1 children)

Dude, this is what's driving me crazy. He. Does. Not. Care. Putin, China, and Co. all want NATO weakened. And a crippled US that has pissed off all its allies means a severely weakened NATO. It is abundantly clear from allllll the evidence presented over the last 15+ years that Trump is a fucking foreign asset. And the administration that's bolstering him up this time around are a combination of foreign assets and religious fanatics that are too caught up in their own cult to realize they're being used to destroy the US, rather than rebuild it in some glorious Christofascist New Gilead wonderland that they envision.

It's so disgustingly obvious, especially the insanity that Elon Fuckrat is pulling. And if you go in any conservative forum, they're just full steam ahead with the final downfall of US democracy, accusing all liberals of being melodramatic and cultivating conspiracy theories. They actually condone Elon forcing his way into government agencies and hooking up illegal servers to hijack the Federal Government's primary payment distribution system, which in turn gives him the ability to stop payments on virtually everything the government pays for. He can literally cease all payments, including paying interest on our national debt, which could cripple the entire global economy due to the USD being the primary trade currency.

Fuck, man. I've been spiraling all week, it's brutal to experience totalitarianism happening in real-time and seeing only a fraction of the population give a shit.

[–] jimjam5@lemmy.world 6 points 4 hours ago

I couldn’t have articulated this quite as well as you but my friends laughed me off when I said to them that a foreign country/power is almost certainly pulling the strings and taking over the US. Granted they are no fans of führer musk or his pal trump, but you can bet I’ll be reiterating this point the next time I speak with them, doing my best to mask my “I told you so” tone (yes I’m petty).

[–] Sabre363@sh.itjust.works 21 points 8 hours ago
[–] Drusas@fedia.io 14 points 7 hours ago (2 children)

The fuck did they think was going to happen?

[–] JeeBaiChow@lemmy.world 20 points 7 hours ago

Collapse the country so he and his buddies can make a killing, no doubt.

[–] justhach@lemmy.world 7 points 7 hours ago (1 children)

This is the result of a mind that has been fed the myth of "American Exceptionalism" since day one and has never had to suffer the consequences of his actions.

[–] forrgott@lemm.ee 3 points 4 hours ago

Eh, didn't he piss off American banks so bad he went to Russia for continued financing for his ~~business deals~~ uninterrupted largesse?

Besides, his father was first generation citizen, his mother was an immigrant. So, no, that's got nothing to do with his motivation here. It fits, however, with getting his ~~loyal supporters~~ dupes to keep supporting him.

[–] partial_accumen@lemmy.world 4 points 6 hours ago (2 children)

Its crazy days right now and something crazy just occurred to me.

(conspiracy theory) We all know trump isn't smart enough to come up with any of this on his own and is just following instructions of people close to him who convince him that he's a big boy by putting all these tariffs in place. Is it possible his cronies are intentionally giving him bad advice putting all these tariffs in place alientating him from his opponents and allies alike so they can use the 25th Amendment to declare trump incompetent putting Vance in charge for 4 years? (/conspiracy theory)

[–] forrgott@lemm.ee 4 points 4 hours ago

It's far simpler that his handlers are foreign and actors who want the nation destroyed so they can chop it up and auction off the pieces. That motive fits.

His new inner circle are not his handlers; they are new recruits who want to be first in line to buy up the pieces. A billionaire is not a patriot. They don't give two fucks about society - that's why they're billionaires.

[–] notfromhere@lemmy.ml 4 points 5 hours ago (1 children)

To what end? If what you say is true they should have everything they want with Trump?

[–] partial_accumen@lemmy.world 2 points 4 hours ago

Two problems with trump from his handler's perspective.

  1. Sometimes he goes "off script". (injecting bleach really?!) (Sharpie adding a fake hurricane landing path on a nationally televised alert REALLY?!)
  2. He's malleable by his ego. trump used to be easily in Bannon's pocket, now Musk has his ear (and the power that comes along with it). Lots of folks worked hard to get trump in power for their own means. I imagine many are not happy that Musk is using them to get his own way and line his own pockets.

I'm not seriously considering this is true, by the way. Its just a manufactured idea that could fit the puzzle we have today.

[–] jackanoodle@sh.itjust.works 6 points 7 hours ago (1 children)

Not because this is are against fascism, just because Trump is hurting and not online. Don’t take this resistance as anything other than these incredibly shitty companies continuing to be incredibly shitty to protect their self interest interest.

They’re not fighting for you or me, they’re fighting for themselves. That makes them just as horrible as if they had agreed to it. They deserve zero credit.

[–] confusedbytheBasics@lemmy.world 1 points 3 hours ago

The enemy of my enemy something something...

[–] TokenBoomer@lemmy.world 0 points 7 hours ago