- cross-posted to:
- canada@lemmy.ca
- cross-posted to:
- canada@lemmy.ca
U.S. President Donald Trump said Thursday he will temporarily waive tariffs on products from Mexico that fall under the North American free trade agreement, two days after launching a continental trade war.
The announcement did not mention Canada, which is also facing sweeping tariffs on all goods entering the U.S., despite Trump’s commerce secretary saying earlier that both countries would “likely” see a reprieve. It came shortly after Trump levelled new attacks against Prime Minister Justin Trudeau following a heated exchange Wednesday.
“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement,” Trump wrote on Truth Social following a scheduled call between the two leaders.
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I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement
Um, not sure they were going to pay anything anyway…
Indeed, that’s not how tariffs work. smh.
I know this is just bullshit his supporters will believe, but I’m starting to wonder if he’s actually in on the con, or just a demented old man being manipulated.
It also occurred to me when he called Ukraine peace talks “doing business”.
It’s on the tap, right under the wall.
He and his circle already made millions on puts and invested the winnings back into a dipping market, now it’s time to ease off the gas to drive the value back up. Repeat every week or two.
Capitalism’s greatest enemy finally unmasked!
spoiler
CAPITALISM
Who would have thought?
The Trump Tariff Dump & Pump. How long can he keep this up before countries stop reacting?
This HAS to be the only reason.
Seems a great idea until the day when is stops working.
Because isn’t there a recent article saying most of Tesla parts are imported from Mexico! Daddy Musk wants them cheap cheap parts.
The tariffs purpose is to damage Canada’s economy in a severely misguided and ignorant plan to annex it.
He saw how the lagging economy ruined Trudeau’s approval ratings and thinks that damaging the economy more will somehow magically make Canadians want to join the US.
As a single state no less.
Every part of the whole “51st state” plan is insane, but to admit Canada as one single unit is absolutely fucking bonkers. It’s literally bigger in square miles/km than the United States. It would need to be at a minimum 10 states (one per province) but would probably benefit conservatives if they split up some of the more conservative provinces into more states.
I wonder how Puerto Rico feels having Canada be referred to as a state before them.
Congratulations to Mexico for stopping fentanyl and illegal immigration faster than Canada did?
Until next month right?
the damage is done, canada will be looking for other sources of similar products like the EU, or Nz, australia, or even asia.
This man has a brilliant mind. Our glorious leader knows all and will lead us to massive inflation and failure of all markets.
Arty Deal.
What happened to, “no time for delay.”
The actual US president discovered one of his companies needs parts from Mexico.
Note that these are emergency powers he’s using. Supposedly this is a crisis.
This uncertainty and flip-flopping is bad for business no matter how you slice it.
It’s good for those who profit from manipulating markets though.
I get that but I still doubt there is some sort of plan coming out of this mans ass or that he is just senile.
Well he has a track record of bad business. Unsurprising.
deleted by creator
Pussy.
He’s like the shitty ai that plays Genghis Khan in Civilization.
According to an email from CSCB as of 1530 Eastern time, he’s pausing tariffs on anything CUSMA eligible for Canada and Mexico until April 2nd.
