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Trump’s long-threatened tariffs against Canada and Mexico are now in effect, kicking off trade war (apnews.com)
submitted 2 weeks ago by [email protected] to c/[email protected]
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WASHINGTON (AP) — President Donald Trump’s long-threatened tariffs against Canada and Mexico finally went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies.

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[–] [email protected] 20 points 2 weeks ago (4 children)

Trade wars never really end, they just keep getting worse. Slapping tariffs on allies like Canada and Mexico is just asking for a backlash, and all it really does is make everything more expensive for regular people. Inflation’s already been rough, and now Americans are basically getting hit with a hidden tax. Meanwhile, businesses and other countries are watching this chaos and probably making plans to rely on the U.S. less. Everyone loses from this stupidity.

[–] [email protected] 0 points 2 weeks ago (1 children)

Allies should not permit adversaries to bypass tariffs by establishing operations within their borders. Ceasing support for China in circumventing our trade restrictions would eliminate this problem altogether.

[–] [email protected] 2 points 2 weeks ago

The US is not an ally any more.

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