r/LeopardsAteMyFace • u/Peteostro • Nov 26 '24

Trump Pledges 25% Tariffs on Mexico, Canada and 10% on China Trump

https://www.wsj.com/politics/policy/trump-pledges-tariffs-on-mexico-canada-and-china-3c62b1f7

8.1k Upvotes

98% Upvoted

661

Notice how it was 60% on China just a few weeks ago? Hmmmm.

468

u/itsatumbleweed Nov 26 '24

Indeed. 60% from China was the promise.

In fact, lower tariffs on China than the others is going to steer business to China while also driving prices up.

186

u/Nekowulf Nov 26 '24

He got a personal call from General Tso, congratulating him on his win and offering him many medals of winningness, along with choice land next to military bases to build trump towers.

135

u/arararanara Nov 26 '24

In all seriousness this kind of about face is most likely because his CEO buddies talked to him about how they get all their parts from China and that he’d be tanking their business, or something along those lines.

60

u/loptopandbingo Nov 26 '24

"Uhh, sir, all of your merch is made there."

"Oh yeah."

19

u/Agreeable-Menu Nov 26 '24

Or maybe Xi Ping reminded him all those deals he will get him like he did 4 years ago.

1

u/Bcatfan08 26d ago

You don't beat China in a trade war. Dictators who don't have elections don't care if some people starve. He'll be their dictator as long as he wants, and there's no getting rid of him. Trump can't outlast him.

4

u/notsocoolnow Nov 26 '24

This is the answer really. No one like to talk about it but the truth is American manufacruring needs Chinese parts more than China needs to sell to American manufacturing.

Without those parts, American companies are going to end up being outcompeted by other nation's companies who do use them. The US is the largest economy in the world but it is not the majority of the world's economy. It cannot thrive by entirely selling to itself.

1

u/4tran13 Nov 26 '24

Elon has a factory in Shanghai

3

u/haltandcatchtires Nov 26 '24

General Tso is to chicken to call Trump.

3

u/NorthernerWuwu Nov 26 '24

I mean, as a Canadian I'll be buying more Chinese goods I'm sure. We'll have retaliatory tariffs on American goods and the exchange rate will be terrible so I'll buy from a country we aren't in a trade war with. Maybe we can undo the bans on Huawei stuff that we pushed through to make America happy and I can have them spying on me instead of Trump.

1

u/NorthernerWuwu Nov 26 '24

I mean, as a Canadian I'll be buying more Chinese goods I'm sure. We'll have retaliatory tariffs on American goods and the exchange rate will be terrible so I'll buy from a country we aren't in a trade war with. Maybe we can undo the bans on Huawei stuff that we pushed through to make America happy and I can have them spying on me instead of Trump.

1

u/Sir_thinksalot Nov 26 '24

It's almost like Trump is a foreign agent trying to destroy America.

1

u/rolfraikou Nov 26 '24

This is possibly the most frustrating part. I'd honestly rather be on better terms with our neighbors than China? If anything had to happen.

1

u/3_Headed_Monkey Nov 26 '24

They’ve spread out the 60% across 3 countries (25+25+10).. you can’t make this stuff up haha

62

u/ScentedFire Nov 26 '24

On the one hand I'm not looking forward to Repubs acting like the sky isn't falling when it will really just be because there are still some adults in the room refusing to let Trump have his way, but I'm also hoping this and the Gaetz removal is showing that someone is pressuring him to not totally tank us.

63

u/P0Rt1ng4Duty Nov 26 '24

His new pick wasn't any better for us policy wise, she's just not under investigation for diddling kids.

36

u/syphonblue Nov 26 '24

yet

31

u/P0Rt1ng4Duty Nov 26 '24

If she didn't have skeletons in her closet he wouldn't have moved her to a cabinet.

2

u/Gilded-Mongoose Nov 26 '24

Yes he absolutely would.

5

u/ScentedFire Nov 26 '24

Yeah, she's terrible. It seems like Gaetz may have a distraction to just make her look marginally less bad.

105

u/BooksofMagic Nov 26 '24

Someone told him his Bibles are made there so he wants to make sure they stay cheap - I guess he doesn't want the American People to pay any Tariffs on them. Isn't that nice of him?

34

u/P0Rt1ng4Duty Nov 26 '24

Plus that's who makes all of the ''America first'' merch and he doesn't want it to impact his grift.

4

u/TheChosenLn_e Nov 26 '24

Tfw staying cheap is going to be a minimum 10% price increase.

He could, alternatively, not apply an arbitrary tariff so prices don't go up at all, but I guess that's advanced economics, and no one in the administration is qualified.

1

u/EnormousGucci Nov 26 '24

Aren’t his bibles $70? They were never cheap to begin with, MAGAts love getting their pockets ran by the orange buffoon.

12

u/MinkusDWill Nov 26 '24

If you read it he said an additional 10% but didn't specify in addition to what. Could possibly be the 60% already announced.

9

u/Mediocritologist Nov 26 '24

We already have tariffs on China that Trump put in place during his first administration and then Biden mostly kept in place. So I imagine it is 10% on top of whatever that number is.

4

u/silverspork Nov 26 '24

Probably realized how much cheap schlock his voters buy from china.

5

u/UsuallyReckless Nov 26 '24

Everything he sells comes from China. Gotta keep his costs low, can’t be cutting into that margin.

2

u/pokepatrick1 Nov 26 '24

In the tweet he said “10% additional tariff” so it’s ambiguous what it means, maybe we’ll get 70% who knows?

2

u/danlion02 Nov 26 '24

So is he now saying just a 10% increase on China? Or, 25% + 10% = 35%?