President-elect Donald Trump threatened to impose new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
Does this actually help anyone anywhere? For Americans it will cause price increases and hardship. For Canadians and Mexicans it will cause unemployment and hardship, and there will probably be retaliations that will cause price increases and further hardship. It seems China’s in the best position to come out of this OK, since they already sell stuff all around the world. They’ll take a hit but not as big a hit as the countries in North America.
I guess maybe it helps Russia with the ongoing project of undermining the USA and its allies from within.
Does this actually help anyone anywhere? For Americans it will cause price increases and hardship. For Canadians and Mexicans it will cause unemployment and hardship, and there will probably be retaliations that will cause price increases and further hardship. It seems China’s in the best position to come out of this OK, since they already sell stuff all around the world. They’ll take a hit but not as big a hit as the countries in North America.
I guess maybe it helps Russia with the ongoing project of undermining the USA and its allies from within.
It will help pay for the tax cuts for the rich
It helps feed Trump’s ego.
It probably helps people associated with Trump.
We learned our lesson last time with Trump and Canada and did the pacific trade agreement. It’s going to suck but not as much as it could have.