Excellent Tariff News
Trump Plans for 25% Border Security Tariffs on Mexico and Canada Set to Begin Saturday
Two different tariffs will roll out in the next few days.
1. Long-term tariffs MACRO tariffs focused on reciprocity and based on economic fairness. Taxing countries who have been unfair in their trade with the US.
2. National security tariffs which focus on the border that come with demands to shut down the support by bordering countries of fentanyl distribution. These will come in the form of tariffs of 25% against Mexico and Canada. They start on Saturday.
From Politico:
“I’ll be putting the tariff of 25 percent on Canada, and separately, 25 percent on Mexico, and we’ll really have to do that,” Trump told reporters while signing executive orders focused on aviation safety.
Trump cited a “number of reasons” for doing so. “No. 1 is the people that have poured into our country so horribly and so much. No. 2 are the drugs, fentanyl and everything else that has come into the country. And No. 3 are the massive subsidies we are giving to Canada and to Mexico in the form of deficits,” Trump said.
“Those tariffs may or may not rise with time,” the president added.
When asked whether tariffs would also be applied to U.S. imports of Canadian oil, Trump said “we may or may not” apply the duties. “We’re making that determination tonight,” he said.
[…] The president also said he was “thinking about something” on China, because they’re sending fentanyl into our country,” but he did not speak to when he might levy tariffs on Beijing or how high he would raise them. After winning election in November, Trump had threatened to impose a 10 percent tariff on Chinese imports.
The remarks come amid ongoing discussions between the Trump administration and Mexican and Canadian officials, who are seeking to reassure the new president they are clamping down on border security to stave off the tariffs. Both countries have vowed to retaliate with tariffs of their own if Trump follows through on his threats.
https://www.politico.com/news/2025/01/3 ... a-00201659
My preference would be for 100% import tariffs on all goods. All. Every product imported from another country, which would drive up those prices big time.
I ignore the lying-ass Leftist Thug Media gaslighting in this century regarding tariffs. Real results in Trump's first term proved that surgically targeted tariffs did not ever raise the price to US consumers.
After watching since then what happened with Biden's sanctions against Russia -- cutting off the majority of their imports and the Russian economy thriving -- there is now an international fact-based example that is supportive of 100% tariffs on all imports. Those sanctions forced the Russians to create what they needed for themselves.
Cutting off imports figuratively with tariffs, will force the reindustrialization and manufacturing within the United States, which is full-blown MAGA America First. The economic dynamic will be fundamentally changed. The exfiltration of wealth will end, and wealth creation within the United States begins again -- primarily for the middle class.
The United States possesses all the resources and labor that it needs to create everything for itself and to be consumed by its citizens.
WOLVERINES!
"Put on the whole armor of God, that ye may be able to stand against the wiles of the devil." - Ephesians 6:11
