President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.

President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.

Archived version: https://archive.is/20250227153454/https://www.cnbc.com/2025/02/27/trump-says-mexico-canada-tariffs-will-start-march-4-plus-additional-10percent-on-china.html

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  • DaddleDew@lemmy.world
    0·
    2 days ago

    If Trump wants what little and negligible trade imbalance there has been between Canada and the US to be rebalanced, all the US has to do is buy slightly less oil from Canada.

    But of course, they want to have their cake and eat it too.

  • whygohomie@lemmy.worldEnglish
    0·
    2 days ago

    Which ends up being a huge tax hike on consumers – regardless of whether they voted for Trump. And of course it’s highly regressive, so all those people making less than $400k or whatever it is really cooked their own goose.

    I guess they’ll get paid in feelz.