President-elect Donald Trump said he would impose a tariff on products from Canada and Mexico until they stop flow of drugs, migrant crossings.

Summary

Donald Trump pledged to impose a 25% tariff on all products from Mexico and Canada on his first day in office, blaming them for failing to stop illegal drugs and immigration.

He also vowed to add a 10% tariff on Chinese goods until drug trafficking into the U.S. ceases.

Economists warn these tariffs could drive up consumer prices and inflation.

While violent crime has declined in recent years, Trump continues to link trade measures to border security and drug issues, echoing his first-term trade policies and immigration stance.

  • Kongar@lemmy.dbzer0.comEnglish
    46·
    1 day ago

    He’s gonna get rid of the income tax too right? Right?

    No? So everything costs more and farmers go out of business. Got it. But hey, you maga aholes got to own us libs. That sure was awesome! /s. Have fun being homeless you tools.

    • Maple Engineer@lemmy.world
      15·
      24 hours ago

      This is late stage capitalism. The oligarchs are now in charge and they are going to loot every last penny that they can then run away laughing.

      Musk announced that he was going to gut NASA which directly benefits SpaceX.

    • paddirn@lemmy.worldEnglish
      36·
      1 day ago

      As soon as things go south, they’ll become the Biden tariffs that the damn, dirty liberals inflicted on America.

      We’ve always been at war with Eurasia, Eastasia is our ally.

    • crapwittyname@lemm.ee
      61·
      1 day ago

      Liberal tears are already known to be the most expensive commodity in the known universe, cf. Brexit.