this post was submitted on 31 Jan 2025
472 points (98.4% liked)

World News

40122 readers
3107 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

Summary

Trump announced that 25% tariffs on imports from Canada and Mexico will take effect on February 1, though a decision on including oil remains pending.

He justified the move by citing undocumented migration, fentanyl trafficking, and trade deficits.

Trump also hinted at new tariffs on China.

Canada and Mexico plan retaliatory measures while seeking to address U.S. concerns.

If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump's pledge to reduce living expenses.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 3 days ago (1 children)

https://jwmason.org/slackwire/what-exactly-does-the-us-buy-from-mexico/

This is a good list from a quick search, other search results states a lot of vehicles (in this case we'd be talking about vehicles for industry) agricultural (I didn't look far enough but it could be both produce which would be consumer, but it could also have some ag production products, and machinery, machinery probably being the largest non consumer good product depending on how much that agricultural divide is between consumer/industry.

Included in that list is oil, that would be non consumer, computers would be roughly the same split if not more than agricultural considering companies go through computers more than the average consumer. Computers is also a pretty broad tag so take that with a grain of salt.

Services and other seems kind of substantial, this is not my area at all, just relaying a search essentially, so that could go either way if included in the tariffs at all.

[–] [email protected] 1 points 3 days ago (1 children)

Those things will still have impact on consumer prices though. Agricultural vehicles costing more will increase domestically produced food prices (didn't John Dear just move production there). Oil costing more increases transport costs on everything, but at least could be sourced from elsewhere.

I don't really see how exceptions could be made to protect consumers without undercutting the whole thing. I expect to be on everything or nothing.

[–] [email protected] 0 points 3 days ago

100% agreed.

Capitalism is designed to pass the buck to us. That's just how it works. It might take a little longer if it is through the production pipeline like the examples above, but it's still gonna fuck us.