▲ 90 ▼ Trump says 25% tariffs on Canada and Mexico coming on Feb. 1 as he signs several orders on economy (apnews.com) submitted 2 years ago by BrikoX@lemmy.zip to c/usa@midwest.social 16 comments fedilink hide all child comments 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.
[–] ExtremeDullard@lemmy.sdf.org 41 points 2 years ago (3 children) I'm still not sure Trump understands what tariffs are. permalink fedilink source hideshow 6 child comments replies: [–] massive_bereavement@fedia.io 24 points 2 years 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. permalink fedilink source parent [–] Pilferjinx@lemmy.world 4 points 2 years 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. permalink fedilink source parent [–] TipRing@lemmy.world 1 point 2 years ago The plan is for massive tariffs to pay for tax cuts for billionaires. He doesn't care who pays the tariffs. permalink fedilink source parent
[–] massive_bereavement@fedia.io 24 points 2 years 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. permalink fedilink source parent
[–] Pilferjinx@lemmy.world 4 points 2 years 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. permalink fedilink source parent
[–] TipRing@lemmy.world 1 point 2 years ago The plan is for massive tariffs to pay for tax cuts for billionaires. He doesn't care who pays the tariffs. permalink fedilink source parent