this post was submitted on 21 Jan 2025
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Trump muses about slapping 25% tariffs on Canada Feb. 1 (www.cbc.ca)
submitted 2 weeks ago by TomatoPotato69 to c/canada
9 comments fedilink hide all child comments
 

U.S. President Donald Trump suggested that he could still hit Canada with tariffs as early as next month.

Speaking to reporters on his return to the Oval Office Monday, Trump recited concerns about the Canadian and Mexican borders while reiterating his threat to hit both countries with a sweeping 25 per cent tariff.

"We're thinking in terms of 25 per cent [tariffs] on Mexico and Canada because they're allowing vast numbers of people โ€ฆ and fentanyl to come in," Trump said.

"I think we'll do it Feb. 1," the president said in response to a question about when those tariffs could be implemented.

Trump, who was sworn in as president around noon on Monday, has been signalling since November that he would introduce tariffs on Canada and Mexico. Trump initially promised to do so on his first day in office, but a number of U.S. media outlets began reporting early on Monday that the tariffs wouldn't be a day one issue for the new president.

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[โ€“] [email protected] 11 points 2 weeks ago (4 children)

Because absolutely no americans whatsoever know how to make fentanyl themselves. Trump thinks that by making his citizen pay 25% more for aluminium, wood, etc, magically fentanyl will dissappear from the country

[โ€“] Sturgist 7 points 2 weeks ago (1 children)

I mean, they can't seem to figure out that tariffs will be hitting their wallets directly. And it'll fuck us economically due to Americans not wanting to buy our goods with the 25% excess.

[โ€“] adespoton 7 points 2 weeks ago

It doesnโ€™t just hit wallets; it hits supply. Suddenly there arenโ€™t enough aluminum cans for all the goods people want to can, and food spoils as a result. That kind of thing. And as a result, the food that does get canned costs 25% more (not just an increase in the can component).

[โ€“] wise_pancake 7 points 2 weeks ago (1 children)

I agree, Canada does not make up a sizable number of immigrants or fentanyl to the US (I think Trudeau said 1%, I've not verified this), but the tariffs are just a cudgel to beat us with to get concessions from us.

[โ€“] corsicanguppy 3 points 2 weeks ago

PM Pierre Polievre - PPP - will definitely capitulate to whatever Donald wants. Not having had an actual job other than populism, he's got no concept of saying "whatever buddy" and then ignoring the last 10 minutes of speech from the donald.

[โ€“] kent_eh 5 points 2 weeks ago

Trump thinks that by making his citizen pay 25% more for aluminium, wood, etc,

Don't forget Smith's precious oil.

[โ€“] morbidcactus 5 points 2 weeks ago* (last edited 2 weeks ago)

Steel too, we produce a lot of specialty products used for automotive and construction, as well as a lot of tin plate used in food packaging and appliances. They produce material stateside of course but they do historically buy an awful lot from us.

When I worked in steel during the last tariffs, that company ended up eating them, with favourable exchange (see weak dollar) and tariffs jacking the spot prices they still managed record profits.

[โ€“] [email protected] 7 points 2 weeks ago

I dunno. Trump is an establishment guy and he likes having power over people. The threat of tariffs is making people dance like idiots, but he doesn't have to deal with any real consequences. He got to troll Trudeau; and he has Daniel Smith, Doug Ford, Kevin O'Leary, behaving like fools.

If he hasn't implemented tariffs yet, I'm guessing he won't. But maybe that's just wishful thinking.

[โ€“] psvrh 6 points 2 weeks ago

Fucking dipshit who doesn't know what tariffs and trade deficits are continues to be ignorant. News at 11.