this post was submitted on 21 Jan 2025
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Trump says 25% tariffs on Canada and Mexico coming on Feb. 1 as he signs several orders on economy (apnews.com)
submitted 3 days ago by BrikoX@lemmy.zip to c/usa@midwest.social
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President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.

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[–] protist@mander.xyz 20 points 2 days ago (2 children)

tariffs on Canada and Mexico

With lazy headlines like this, it's no wonder the average person thinks he's talking sense. The tariffs will be on imports into the US from these countries. The tariffs will be paid by the importers.

[–] the_crotch@sh.itjust.works 7 points 2 days ago

And added to the price so the importers make the same profit. We are people are going to be paying a 25% tax on everything we buy from 2 of our biggest trading partners. And a 20% "because we can, fuck you" increase on domestic products.

[–] Corkyskog@sh.itjust.works 5 points 2 days ago

All they had to do was add the word "goods" and they would have been good.