World News

693 readers

424 users here now

Rules:

Be a decent person
No spam
Add the byline, or write a line or two in the body about the article.

Other communities of interest:

[email protected]

founded 5 months ago

MODERATORS

[email protected]

Trump’s long-threatened tariffs against Canada and Mexico are now in effect, kicking off trade war (apnews.com)

submitted 13 hours ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

WASHINGTON (AP) — President Donald Trump’s long-threatened tariffs against Canada and Mexico finally went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 4 hours ago

My question has always been “where the hell is that extra money gonna go?” It’s the government responsible for collecting the tariffs, which means it goes straight into their bottom line.

Short answer is it’s also going to be funneled straight to the rich via the tax breaks and subsidies.