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As President. Trump hit Canada and Mexico with widespread tariffs the two countries have announced their “retaliatory” tariffs and it just shows how they are trying to lash out but cannot follow through.
With Canada they announced 25 percent tariffs on imports amounting to up to $155 billion, including alcohol and fruit…. Remember they got hit with 25% tariffs on everything except energy which was hit with 10%. Canada in particular could make the easy move to fix this and they didn’t. Remember mere hours after Trump became President a border patrol agent was murdered along the Canada US border.
Mexico has a much bigger issue in that there federal government is extremely weak. The cartels sadly run vast amounts of the country and their former President allowed it to happen to try and lessen the murders. Sure murders went down but it made more areas narco states and not under the governments power. Now the US is standing up to the BS border policies Mexico allowed and wants the Mexican government to crack down and they have refused.
Both of these governments cannot outlast the US and while the US might take some damage it cannot be compared to what the Canadian and Mexican governments are facing.
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What is Trump's goal here? To get Mexico to crack down on gangs? To get Canada to... ?
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30 sats \ 1 reply \ @Cje95 OP 2h
Canada is a huge gateway for precursor chemicals for drugs. Now it’s Fentanyl but before it was for MDMD (Molly) so they have a clear and known issue here. Plus oddly enough Canada is the gateways for Indian illegal immigrants into the US. The northern border has been a quietly growing issue.
Mexico has had the cartels shoot at people in the US for years. In El Paso they have hit both pregnant and other US civilians before and the violence hasn’t gone down. I mean if the US shot into Mexico they would have a meltdown but they shoot into the US and at our people and expect nothing to happen. Well now it is.
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And the point of 25% tariffs is to make drugs more expensive so that Americans won’t be able to buy them anymore.
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From what I've heard, it's border related in both cases. He wants improved border security.
I do wonder if there's another element of getting people used to high tariff rates, as a precursor to moving away from income taxes and towards tariffs/excise. Obviously, heavy tariffs on our main trade partners are the only feasible ways to generate that kind of revenue.
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He wants improved border security.
Has he considered building the walls?
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Austrians and classical liberals have their popcorn ready. (Not the assholes at mises.org, I assume)
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