Donald Trump has said that Americans may feel economic “pain” from his tariffs on key trading partners.

“Will there be some pain? Yes, maybe (and maybe not!)” Trump wrote on Sunday in all capital letters on his Truth social media platform, a day after signing off on tariffs on Mexico, Canada and China.

“But we will Make America Great Again, and it will all be worth the price that must be paid,” he added.

  • oxjox@lemmy.ml
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    2 hours ago

    First - Theoretically, his larger actions with tariffs could lead to lower federal taxes or get rid of them entirely. This essentially becomes a tax for being poor.

    Second - Tariffs, when implemented properly, are supposed to strengthen American businesses. The problem is the US doesn’t really have the ability to compete with foreign manufacturing - especially now that we’re deporting our near-slave labor.

    What exactly is the problem that applying tariffs to Canadian goods will solve?

    “illegal immigration and drugs” (I don’t get it either) https://www.forbes.com/sites/andyjsemotiuk/2025/01/31/tariff-on-canada-not-justified-by-us-immigration-and-drug-claims/ EDIT: Ah, of course. Because it was never about tariffs. It was Trump being a dick to get what he wants.