> White House officials said that President Trump has signed an executive order initiating tariffs on Canada, China and Mexico.
> The tariffs on Canada and Mexico are for 25 percent and the China tariffs are 10 percent. Canadian energy products are facing tariffs of 10 percent. White House officials said that tariff rates will increase if the countries retaliate.
> The tariffs are being imposed under the authority of the International Emergency Economic Powers Act; officials cited concerns about fentanyl entering the United States through Mexico and Canada, with ingredients from China.
> **The tariffs are tentatively scheduled to go into place on Tuesday, a White House official said, speaking on the condition of anonymity given the sensitivity of the news.**
HowIsPajamaMan on
At this point, I’m becoming the joker. Just burn it down.
There is no other way for the American people to learn this lesson.
I thought you were our sibling, friendly rivalry but you would always have our backs, I no longer feel this way. I’ll always remember our deep friendship, our interconnectedness that brought us together. I will never forgive you for this. We supported you through many hard times and you just stabbed us in the back. Our soldiers died helping you. Where’s our allies? We are the first, definitely not the last. He will come after you too.
Decades of friendship. Gone in a week
I hope we kick your asses in the upcoming hockey tournament.
TrouauaiAdvice on
Here we fucking go
Icy-Magician-8085 on
Let the shitshow begin, it’s what the American voter wanted despite knowing full well it’s what he promised.
amainwingman on
Hey Wall St, is it priced in yet?
MrHockeytown on
Fuck, looks like we touched the stove. Now we’re gonna get burned and honestly the country deserves it. Just shitty that those of us who were screaming how bad this would hurt are going to have to also take the lumps
pencilpaper2002 on
He is also threatening to increase tariffs if Canada responds
TF_dia on
Ngl. I am surprised the POTUS can unilaterally impose tariffs just like that. You would think this would be the realm of the legislature, but guess that would give them power and that makes them uncomfortable.
Kasquede on
Paycheck to paycheck republican voters, I mean this most sincerely, *I hope this hurts*
The immense damage. The incredibly moral clarity of the moment. There’s not even jokes for this. I guess Monday everyone will just immediately get it when the stock news comes out? The Conservative Golden Age lasted less than two weeks.
jiucaihezi on
Oh gee a sales tax on consumer goods increasing prices i wonder who that’s gonna ratfuck the hardest
Not the rural brokeass Trumples out there, nooooo it’ll totally be the Librul elite
JeromesNiece on
One dude should not have the power to make a trillion dollar fuckup at the stroke of a pen
Congress pls fix
Curious-Starfruit on
This is economic illiteracy at the max, it’s worse than anything the progressives have been doing or saying to be honest.
What happened to the Republican Party?
No-Analyst-9033 on
Sleepy Don finally woke up from his nap 🤣
Professional-Cry8310 on
Unfathomably poor economic sense. For as long as humans have existed, trading relationships have been a path to great wealth.
19 Comments
> White House officials said that President Trump has signed an executive order initiating tariffs on Canada, China and Mexico.
> The tariffs on Canada and Mexico are for 25 percent and the China tariffs are 10 percent. Canadian energy products are facing tariffs of 10 percent. White House officials said that tariff rates will increase if the countries retaliate.
> The tariffs are being imposed under the authority of the International Emergency Economic Powers Act; officials cited concerns about fentanyl entering the United States through Mexico and Canada, with ingredients from China.
> **The tariffs are tentatively scheduled to go into place on Tuesday, a White House official said, speaking on the condition of anonymity given the sensitivity of the news.**
At this point, I’m becoming the joker. Just burn it down.
There is no other way for the American people to learn this lesson.
I thought you were our sibling, friendly rivalry but you would always have our backs, I no longer feel this way. I’ll always remember our deep friendship, our interconnectedness that brought us together. I will never forgive you for this. We supported you through many hard times and you just stabbed us in the back. Our soldiers died helping you. Where’s our allies? We are the first, definitely not the last. He will come after you too.
Decades of friendship. Gone in a week
I hope we kick your asses in the upcoming hockey tournament.
Here we fucking go
Let the shitshow begin, it’s what the American voter wanted despite knowing full well it’s what he promised.
Hey Wall St, is it priced in yet?
Fuck, looks like we touched the stove. Now we’re gonna get burned and honestly the country deserves it. Just shitty that those of us who were screaming how bad this would hurt are going to have to also take the lumps
He is also threatening to increase tariffs if Canada responds
Ngl. I am surprised the POTUS can unilaterally impose tariffs just like that. You would think this would be the realm of the legislature, but guess that would give them power and that makes them uncomfortable.
Paycheck to paycheck republican voters, I mean this most sincerely, *I hope this hurts*
10 % on canadian oil??? jesus
*sigh*
This is going to be painful
https://preview.redd.it/8xs213xtrlge1.jpeg?width=1170&format=pjpg&auto=webp&s=954a83149cce989ee34131cacc944477428ecd4a
America
The immense damage. The incredibly moral clarity of the moment. There’s not even jokes for this. I guess Monday everyone will just immediately get it when the stock news comes out? The Conservative Golden Age lasted less than two weeks.
Oh gee a sales tax on consumer goods increasing prices i wonder who that’s gonna ratfuck the hardest
Not the rural brokeass Trumples out there, nooooo it’ll totally be the Librul elite
One dude should not have the power to make a trillion dollar fuckup at the stroke of a pen
Congress pls fix
This is economic illiteracy at the max, it’s worse than anything the progressives have been doing or saying to be honest.
What happened to the Republican Party?
Sleepy Don finally woke up from his nap 🤣
Unfathomably poor economic sense. For as long as humans have existed, trading relationships have been a path to great wealth.
https://i.redd.it/hyb1u8ivslge1.gif