Trump tariffs: What could be the fallout of new president's plans?

Donald Trump has threatened to enact new tariffs on Mexico, Canada, and China on his first day in office.

If implemented, the tariffs could raise prices for ordinary American consumers on everything from petrol to cars and agricultural products.

#donaldtrump #usa #worldnews

[dwaynewrighton]

The best thing any nation other then America can do is simple.

Let him tariff. Don't negotiate. Reduce US imports.

What we import from America will be price hikes because of these tariffs, so it's logical to pursue a better deal elsewhere.

Let the American consumer, who overwhelmingly voted in favour of these tariffs, shoulder the entirety of this extra financial burden they placed upon themselves

[keithapps]

Higher prices, higher inflation, higher unemployment.

[Pierina.]

Definition of tariffs: MAKE AMERICA PAY AGAIN

Trump 2.0

[cherubimcherubim]

Trump term is just 4 years. Just wait out his term. Usa consume it doesn't produce. Even if tariffs is 1000% american still need to inports. Average american will need to pay for Trump's tariffs not exporting countries. And trump will used tariffs tax to reduce tax on coperations for the rich.

[BlindBloomer]

I can wait for the Americans to learn how Econ works

[ruby.rubes.]

This doesn't feel like impartial reporting

[NewRetroRepair]

Imagine being a business man and a U.S president and not understanding that tariff simply means "tax" on foreign goods.

[Scotty-ou]

And trumpers voted for cheaper groceries and fuel. 😂😂😂

[TNT-]

Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor.

Sholom Aleichem

[daveyjuice]

The American dream 7.50 minimum wage which is the maximum wage for 100 million folks. Imports which prices doubled since 45 46 clueless ability to trade fairly .

[Britishempire-hvrb]

TRUMP is looking after his citizens first as it should be not like are so called prime minister thinking of outsiders first

[mrsillywalk]

I bet there are no tariffs on golf courses.

[michaelparsons]

Due to the Trump tariffs the price of rubber Dog Dung and sex toys going up will impact the Democrats greatly.

[WestonScally]

Trump's proposed tariff plan has caused market volatility, leading to declines in tech and manufacturing stocks. With uncertainty ahead, I'm reallocating assets in my $400K portfolio, aiming to avoid losses while staying positioned for a potential market rebound.

[darkcult]

Lunatic in charge of the asylum. Again.

[Jeanne]

Canada: Tariff dependent on an illegal immigration curb. Mexico: Tariff dependent on illegal immigration, human trafficking, and deadly drugs like fentanyl curb. China: Additional 10% tariff dependent on exportation to Mexico of precursors to fentanyl.

[AthelstanEngland]

Trudeau really is an awful bit of work. Smarmy little dictator.

[GK-qcry]

Why do Canada and Mexico bother with the NAFTA free trade agreement which Trump himself signed when he keeps changing it? The document isn't worth the paper it's written on.

[hayleypbop]

He’s such a wannabe bro, ‘I’m gonna have tariffs, I’m gonna invade Mexico’
Evidence that some men never grow up.

[ToubaYouness]

No. Smart Guy. Taxing imported goods will encourage US consumers to buy 
domestically created goods,  boosting US manufacturing and US employment.