President signals that other tariffs will be imposed in coming weeks
U.S. President Donald Trump signed an order Saturday that places 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China, the White House said.
Common Dreams: Trump Follows Through With High Tariffs on Canada, Mexico, and China.
Texas Tribune: Trump orders tariffs on Mexico and Canada — Texas’ biggest trading partners.
Many of us are well aware it'll raise the cost of goods, and not just imports. Any domestic competitors that don't raise priced by say, 20% and 7%, is leaving money on the table and will get sued by their share holders.
A handful of cars and large equipment? Realistically the only reason we've been a superpower this long is because of the deal with Saudi to install the Petro dollar. Republicunts don't understand how fragile this shit is.
Yup, that's the point of tariffs. Nationalism. It's just a very stupid stance when our economy has been propped up by bullshit for decades. I can't help but think of the little British girl from the resident evil movie. "You are all going to die down here" thanks little girl, I know, didn't need to hear you say it.