Paul Revere by Cyrus Dallin, North End, Boston

~~~

General John Kelly: "He said that, in his opinion, Mr. Trump met the definition of a fascist, would govern like a dictator if allowed, and had no understanding of the Constitution or the concept of rule of law."

Tuesday, November 26, 2024

"Trump vows new Canada, Mexico, China tariffs that threaten global trade" --Reuters

 




Scott Lincicome @CatoInstitute Vice President (Econ/Trade), @DukeLawadjunct: 

 "Assuming he goes through with his insane promise to slap tariffs on Canada and Mexico (a big assumption), this would be a ~$210B tax increase on Day 1, hitting a lot US manufacturers along the way:"




,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,



,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,



4 comments:

BB-Idaho said...

Is there a plan? Like China, Mexico and Canada trade with each other? Meanwhile our economy stagnates. Perhaps China invades Taiwan.
We can't respond because the US military is occupied with pushing
aliens across the border. Most computer chips come from Taiwan and
manual typewriters make a spectacular comeback. Nope - no plan.
Just demolish the government, stand back and blame the Democrats.

Les Carpenter said...

Stupidity on steriods.

You Know Who's present to ALL low and middle income folks.

Making Americ Great Again my a**.

Dave Miller said...

And on some sites and Twitter, ppl are asking what the US buys from Canada and Mexico anyways...

Only about 1 trillion dollars worth of stuff. I guess the Trump Admin sees it as good policy to inflict economic hardship on your two closest neighbors.

That couldn't impact migration could it?

skudrunner said...

So we should not charge tariffs and just ship all the production and jobs to other countries. Good thinking because then we could blame the recession on the evil one and illegals would leave the country instead of being thrown out.