Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.
Racist America voted for inflation to rise. This is what people wanted. It will happen. The fat orange pumpkin will annoy so many American allies and destroy the US economy. This is what people voted for.
The border between the US and Mexico will be transformed into a military zone. It will be interesting to see how they handle all the private land at the border. Imminent Eminent domain probably. Then they deploy the military and spend ungodly amounts of money there instead of in Afghanistan.
Do you really think that would happen? Trump was already president and he couldn't do shit about the border. The Republicans hold now the government, do they could pass extra funding, but I doubt it.
Mostly electronics, pharmaceuticals, medical equipment. Honestly though, that's probably just a matter of convenience because we import most of that stuff.
I see interests colliding in the future and I'm curious to how it plays out. Mexico is clearly going to be much less diplomatically available for Trump, so long as he keep his same rhetoric and plans going. This significantly lowers the leverage US auto makers have in lobbying Uncle Sam to use diplomacy to keep Chinese EV plants out of Mexico. Trump certainly seems to be driving Mexico toward China, and his economic moves in his first term drove China to Mexico, these bridges are already built, many of the Chinese goods that he kept out of the US simply went south.
In addition to the other answer - it isn’t about hurting consumers. They don’t think that far ahead. They’re toddlers who can’t think past their immediate feelings.
It’s been proven time and again that republicans don’t care about the reality of a situation, only the feels they get about it. So making tariffs is a retaliatory maneuver that has absolutely no follow through - IOW, if you make tariffs against Chinese electric car imports the wise thing to do would be to boost US manufacture of the same with tax incentives or similar increase US buyers and manufacturers’ uptake of home-grown EVs. But that’s not what trump does.
That’s not what the people who voted for him want. They don’t govern. They want to punish everyone that ever slighted them, perceived or real.
They just lash out without a plan in an act of spite and revenge, and when the consequences come home to roost, like price hikes and increasing inflation, in true narcissist fashion, they yet again blame others and lash out more.
It's a retaliatory tactic. If the US is reducing the incentive to do trade with Mexico, why should Mexico continue to allow trade with the US without penalty?
The US isn't in the same economic position as it was 10-20 years ago, and countries have seen the crappy tactics Trump used last time he was in office. I'm sure they're more willing to respond in kind or even cut ties this time if their relationships becomes more abusive.