56 upvotes, 3 direct replies (showing 3)
View submission: Thanks, Donald!
You know there's a 25% tarrif in Mexico, China and Canada? He def did that lol
Comment by NotFallacyBuffet at 03/02/2025 at 02:50 UTC
30 upvotes, 0 direct replies
The funny part is that excluding crude oil, the US has a trade **surplus** with Canada. And that crude, it gets piped to Texas where it is refined then exported at a profit. That's right -- the US was making an overall profit on our trade with Canada.
Comment by LeChatParle at 03/02/2025 at 11:00 UTC*
5 upvotes, 2 direct replies
But the tariff doesn’t go into effect until Tuesday, tomorrow, so the price of avocados today are not impacted by that
Edit at 09:43: and now the tariffs on Mexico have been halted after a call with Sheinbaum
Comment by Cilantro368 at 03/02/2025 at 12:50 UTC
2 upvotes, 0 direct replies
There’s no tariff unless Congress approves it or Trump declares a national economic emergency. Nixon was the last one to do that. But Congress has no spine.
I’ll be calling Cassidy, Kennedy, and Scalise on Monday. All their offices. They should be screaming about this and the threats to fema. But at least I’ll be screaming!
BTW, the last time Trump did tariffs, traffic in the port of New Orleans dropped by 20%. It was a huge blow to our local economy.