General Question

Lightlyseared's avatar

Can someone tell me whats going on with US tarrifs?

Asked by Lightlyseared (35092points) 3 hours ago

Are there tariffs or are there not tariffs? My newsfeed seems confused.

Observing members: 0 Composing members: 0

9 Answers

Smashley's avatar

The most idiotic, related to the complicated cross border car assembly process, have been delayed. The idiotic rest were on as of today. 25% on everything from Mexico and Canada until the drug problem is fixed, apparently. We’re in a state of emergency, you see.

KNOWITALL's avatar

Yes, the equalization is on. We are only being protectionists just as Canada has done for a long time.
https://www.npr.org/2018/07/10/627271410/why-president-trump-hates-canadian-dairy-and-canada-insists-on-protecting-it

ragingloli's avatar

Agent Krasnov is starting trade wars with all of the colonies’ former allies at the behest of Putin, to destroy the western alliance.

janbb's avatar

Mr Trump thinks that being a bully is the best way to get people to do what he wants. “Diplomacy” is not a word in his vocabulary.

Pandora's avatar

It seems he has back peddled on Mexico’s tariffs somewhat. For things that were in the agreement with Canada and Mexico trade, he has now said he will honor that agreement and not put taxes (AKA tariffs) on those items already in the agreement. Mexico’s president said she would raise tariffs by Sunday if an agreement could not be met. Basically, the thought of rising food prices was pissing off Maga so he had to peddle that back. I think it’s still on with Canada, and Canada is saying it will cut off power to the States until the tariffs are removed. So, we will see if that works.
As for the auto industry, it seems he peddled that back yesterday for 30 day delay after the auto industry baulked at that as it sent their stocks down.

Caravanfan's avatar

Super easy. He is using his power to manipulate the markets so he can enrich himself and his friends.

janbb's avatar

I found this very reassuring. Not sure which Q to drop it on:

Rachel Maddow on the efficacy of resistance efforts:

https://www.youtube.com/watch?v=Te62RQTevgo

jca2's avatar

From the NY Times:
President Trump wrote on social media that he was suspending new tariffs on most imports from Mexico and Canada until April 2. The exemptions, covering goods brought into the country under a trade pact Mr. Trump signed in his first term, came just two days after he incited a trade fight by imposing tariffs of 25 percent on two of the nation’s closest economic partners.

Link: https://www.nytimes.com/live/2025/03/06/us/trump-administration-news

jca2's avatar

You have to admit it’s confusing. Every day is a new thing. Tariffs on. Tariffs off. Tariffs on. Tariffs off. We look indecisive.

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