Summary
Mexican President Claudia Sheinbaum suggested imposing retaliatory tariffs if Trump follows through on his threat of 25% import duties on Mexican goods.
Sheinbaum emphasized Mexico’s efforts to curb migration and drug trafficking, framing fentanyl as a U.S. public health issue and criticizing U.S. spending priorities.
She warned tariffs could harm both nations’ economies, especially their intertwined auto industries, and stressed the importance of dialogue.
Trump threatened to impose tariffs on Mexico and Canada, citing concerns about drug and migrant flows, but the US-Mexico-Canada free trade agreement prohibits such actions.
I was curious what exactly the US exports to Mexico. Apparently it’s mostly oil.
Golly, you don’t suppose the outcome of this trade squabble could push Mexico straight into China’s loving embrace, thereby achieving exactly the opposite of the ostensible goals of the trump tariffs? All whilst driving up prices in the US? Do you??
Russia is okay with it. If they could I’m sure they would orchestrate such things to happen
By doing things like supporting the rise of one of their assets to the presidency?
Oh
They are.
No, definitely not. The only way to lower prices is to raise them drastically. You see, if you don’t let these supposed “economists” and “third graders who understand addition” tell you otherwise, you can easily see that this is a fucking brilliant plan. That’s why the astute American public bought it. Because they’re so educated.
Obviously, as that’s trade economy 101.
Don’t Canada/Mexico/US have free trading agreements? The US is going to exit them?
The current agreement (known as USMCA or NAFTA 2.0) was signed in 2018 and took effect in 2020. Trump wants to use the 6-year renegotiation provision that is in the deal to fuck with Canada and Mexico even more than the current deal does.
That explains why Canada is being treated in the same way that Mexico, if the US wants to apply the tarifs in the USMCA treat it had to be applied to both
if the US wants to apply the tarifs in the USMCA treat it had to be applied to both
I’m not sure that it’s mandatory (within the agreement) that tariffs must be unilateral. I suspect the orange asshole is simply doing it to both nations so that he appears to be taking a strong stance on the “Buy America” mantra.
It just seems like it.
I’m sure my Canadian Government will follow this up with a strongly worded letter to the Americans asking if it’s OK if they impose tariffs, too.
Don’t forget to make it double the tariffs to America.
insert shocked face here
