Summary
Trump announced that 25% tariffs on imports from Canada and Mexico will take effect on February 1, though a decision on including oil remains pending.
He justified the move by citing undocumented migration, fentanyl trafficking, and trade deficits.
Trump also hinted at new tariffs on China.
Canada and Mexico plan retaliatory measures while seeking to address U.S. concerns.
If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump’s pledge to reduce living expenses.
Translation: “We’re going to artificially increase the prices of our competitors’ products so the American ruling class can profit off of giving Americans a worse deal.”
But wages will go up because more stuff will be made in the US! /S (Basically my father’s argument)
Narrator: no they won’t
Yes, but i don’t believe trump KNOWS that. Instead he’s been told to do this.
President Musk? Or just some randome other Oligarch?
Probably, and the people who wrote project 2025 are telling him what to do