this post was submitted on 21 Jan 2025
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United States | News & Politics

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President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.

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[–] [email protected] 37 points 1 day ago (3 children)

I'm still not sure Trump understands what tariffs are.

[–] [email protected] 20 points 23 hours ago

I'm pretty sure he doesn't care. I'm also pretty sure there's someone going to profit from this big time and that's who's pushing for it.

[–] [email protected] 4 points 20 hours ago

I think he's going to funnel all the tariffs to himself and friends then back off before the peasants come knocking at the door.

[–] [email protected] 1 points 15 hours ago

The plan is for massive tariffs to pay for tax cuts for billionaires. He doesn't care who pays the tariffs.