Trump Vows 25% Tariff On Mexico & Canada, 10% on China On January 20th

[2012Bearcat]

Trump vows 25% import tariffs on Mexico and Canada amid border feud

President-elect attacks ‘ridiculous open borders’ and says he will sign order to impose tariffs on US neighbors

www.theguardian.com

Trump said the tariffs would remain in place until the two countries clamp down on drugs, particularly fentanyl, and migrants crossing the border illegally.

 

[LAY THE WOODY]

Walton's could give two shits about fentanyl. Tariffs is what scares that family.

 

[Ponca Dan]

Walton's could give two shits about fentanyl. Tariffs is what scares that family.

It should scare you, too. I was talking to one of my industry reps this morning, talking about Trump’s tariffs the first time around. Said cost of each shipment of their imports from China went from $2,000 to $30,000. Guess who wound up paying.

 

[squeak]

It should scare you, too. I was talking to one of my industry reps this morning, talking about Trump’s tariffs the first time around. Said cost of each shipment of their imports from China went from $2,000 to $30,000. Guess who wound up paying.

Buy American.

 

[Ponca Dan]

Buy American.

Why? What does that even mean? Does an American product have to be made with 100% American parts and each American part have to be made with 100% American components and each American component have to be made with 100% American subcomponents …. How about labor? Does it apply to all labor production and assembly, too? Do all the other countries get to do the same thing for their country? Should the concept of imports and exports just dissolve?