We Have Never Seen An Economic War Quite Like This
https://activistpost.com/2024/12/we-have-never-seen-an-economic-war-quite-like-this.html
Donald Trump is not messing around. After trying to play nice during his first administration, Trump is making it very clear that he fully intends to use the full power of the presidency to shape economic policy during his second administration. In particular, Trump is planning to impose massive tariffs on other nations that attempt to stand in the way of the MAGA agenda. Last week, Trump threatened to impose 25 percent tariffs on all products coming into the United States from Mexico and Canada if those two countries do not work with him to secure our borders…
President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers.
The move, Trump said, will be in retaliation for illegal immigration and “crime and drugs” coming across the border.
“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump posted on his Truth Social platform. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!”
Needless to say, this really freaked out the leaders of Mexico and Canada.
After a call with Trump, the president of Mexico seemed optimistic that a trade war with the U.S. could be avoided, but Canadian Prime Minister Justin Trudeau just returned home from a personal meeting with Trump empty-handed…
He has since held a call with Mexican President Claudia Sheinbaum, who said Thursday she is confident that a tariff war with the United States can be averted. Canadian Prime Minister Justin Trudeau returned home Saturday after meeting Trump, without assurances the president-elect will back away from threatened tariffs on Canada.
Most people do not realize this, but Canada is actually our number one trade partner.
If the Canadians get hit with 25 percent tariffs, it will crash the Canadian economy.
I just have to say something about Justin Trudeau.
He has been making incredibly bad decisions throughout his entire time in office, and he has really run Canada into the ground.
There are a lot of really bad leaders in the Western world right now, but he may be the absolute worst. Continue…