jerrab » 19 minutes ago » wrote: ↑
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https://www.reuters.com/graphics/TRUMP- ... pznwgdzpw/
Automakers are still dealing with whiplash from the delay, imposition and then partial rollback of tariffs on Canada and Mexico. And starting today, they also face higher tariffs on steel and aluminum — raw materials that the auto industry consumes in vast quantities.President Trump imposed tariffs on the two metals during his first administration. But now he's expanding them. This time, the 25% tariff on steel applies without exceptions for any countries or industries that rely on the metal, and the tariff on aluminum is rising from 10% to 25%. Trump said in
a proclamation that the tariffs are justified on national security grounds, although he has also said
in remarks they will promote U.S. jobs and make U.S. companies more profitable.
Yeah, and we ARE dealing with it, as proven by the number of businesses in both Mexico and Canada who are moving more production into the US in order to avoid the tariffs, as well as watching other foreign customers reconsidering the suppliers they've been buying from in the past who now will be raising the prices of the finished goods they produce since they're now forced to pay more for the goods they're buying from this country.
Get it through your thick liberal head that there is almost NOTHING that we now buy from other countries that we cannot grow, mine, or manufacture for ourselves!
So if you're SO upset that the price of your Russian caviar, your Canadian Christmas trees, your French wine, or your Chinese sneakers are going to cost a few bucks more, it's time to suck it up, snowflake, and recognize how much more equitable our new tariffs are and how much of a windfall we'll reap thanks to what Trump has done. And you can use that huge tax cut that Trump will be giving us to pay those slightly higher costs of all those Chinese sex toys you so desperately need.