• ✺roguetrick✺@lemmy.world
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    6 minutes ago

    This is going to really throw a fucking bomb on the WTO. Like complete collapse of international trade adjudication and just viscous multilateral trade wars. US will have neither imports or exports. The farmers are going to be pissed when their market collapses due to retaliatory tariffs.

  • Eww@lemmy.world
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    8 hours ago

    There will be lots of places to put the new Trump “I did that” stickers.

    • Furbag@lemmy.world
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      7 hours ago

      I kinda want to do this just to get some petty revenge on the fuckers that plastered gas pumps with Biden stickers (which they then had to remove when gas fell back down to normal prices eventually lol)

  • empireOfLove2@lemmy.dbzer0.com
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    12 hours ago

    Ford, GM, Chrysler instantly regretting their republican pac contributions as Toyota comes to eat their lunch even harder.

    (Toyota assembly and majority sourcing for USDM is done entirely within the US while domestic companies have mostly outsourced to Mexico heavily)

    • JeremyHuntQW12@lemmy.world
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      10 hours ago

      It will affect Canada a lot more.

      Even with 25% tariffs, it will still be cheaper to make in Mexico. And they will no longer have to pay the workers the same as the US, as they do under USMC.

    • haulyard@lemmy.world
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      10 hours ago

      I recently read that the Toyota Crown is assembled in Japan. Has there been any hints of tariffs there?

      • empireOfLove2@lemmy.dbzer0.com
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        10 hours ago

        Correct, that is JP built, along with a cpuple other small name models… And trump has flat said everything imported is gonna see a minimum 10% tax. seeing as how the Crown made up for <1% of toyota’s total sales volume for q3 2024, I doubt there’s going to be a huge overall impact to their sales competitiveness vs the Big 3’s entire lineup though

      • Laurel Raven@lemmy.zip
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        10 hours ago

        I’ve never even heard of that model; I could be wrong but I’m having a hard time imagining it makes up a very sizeable chunk of their inventory or sales ledger

        • Dupree878@lemmy.world
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          3 hours ago

          Me either. I looked it up and I’ve seen one in town parked at Hobby Lobby. It’s an EV or Hybrid crossover that’s replaced the Avalon And it costs Mercedes money anyway so I don’t see how a tariff will matter to potential customers.

  • circuitfarmer@lemmy.sdf.org
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    11 hours ago

    I am prepared for prices in general to rise. I am also prepared to explain why to every dipshit Trumper I see in my vicinity.

    • Ultraviolet@lemmy.world
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      11 hours ago

      If I owned a store, I’d itemize the Trump Tariff on every receipt, and a total for how much extra you paid because of him.

      • circuitfarmer@lemmy.sdf.org
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        11 hours ago

        I love this

        Edit: I also think taxes should be itemized on US paystubs, like is done in many civilized nations.

        One reason so many in the US hate taxes automatically is because it is a black hole into which we have no insights (on paystubs).

        • Alue42@fedia.io
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          9 hours ago

          Your paystub (in the US) should state how exactly much is going to Medicare, unemployment, social security, disability, and general state and federal income for various programs (highway repair, workforce development, etc depending how your state uses income tax). If this is not on each of your paystubs, speak to your payroll department.

        • Alexstarfire@lemmy.world
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          7 hours ago

          What do you mean by itemized taxes? I can already see where taxes are going on my paystub: health, dental, vision, federal tax, state tax, Medicare, and social security. I can also see how much is going to 401k.

          More itemized than that? I wouldn’t really want to see where the federal and state taxes are being used simply because I think that would be way too many items.

          • circuitfarmer@lemmy.sdf.org
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            10 hours ago

            You get a gross and net pay. The net pay shows how much you take home. But the taxes are taken out as big generalistic chunks, like Federal and State. You don’t get further itemization.

            • Dupree878@lemmy.world
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              3 hours ago

              By law you do. You just aren’t accessing your payroll portal online to look it up. It will be there. It’s literally required for filling out your taxes in April

  • xmunk@sh.itjust.works
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    13 hours ago

    Trump vastly misunderstands how foreign dependent America’s bullshit economy of e-slop, finance, and exploiting health issues is.

    A trade war right after he kicks out the only people who actually make shit in America would be fucking hilarious if it wasn’t so fucking dire.

    • Treczoks@lemmy.world
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      3 hours ago

      Many small but important parts come from China nowadays. Parts we use directly, and those that end up in things people buy: screws and bolts, electronic parts, all kinds of plastic products. The US no longer has the machines or manpower to produce those parts on their own, and will still have to buy them in China.

      Brace for inflation in the US like you have last seen in the 1920s.

      • aesthelete@lemmy.world
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        8 hours ago

        This aligns perfectly with a bit I read that said that social movements and protest movements largely form and organize under progressive / non-repressive political situations where the people aren’t so busy fighting for their basic survival that they can get more involved in politics.

  • shads@lemy.lol
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    8 hours ago

    So I was thinking about the way he worded this, 25% tariff until the border crossings stop. I think he might be onto a 4D chess move here.

    If he tanks the US economy so badly that it’s financially detrimental to cross the border then the flow of people across the border will definitely come down. If he tanks the economy hard enough we may even see the flow reverse, at which point he can lift the tariffs and declare the job done.

    He is already happy to make Americans ignorant, illiterate, and spiteful to outsiders; is he really going to baulk at making them dirt poor as well?

    • LordCrom@lemmy.world
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      7 hours ago

      Many flee Mexico to escape the violence and gangs too, do t forget. Yes the economy is a big part of immigration, but safety is right up there

  • Zier@fedia.io
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    12 hours ago

    Roma’s $1.25/lb + trump = $1.56/lb Cucumbers .85/ea + trump = $1.06/ea Avocado .99/ea + trump = $1.24/ea Asparagus 2.99/lb + trump = $3.73/lb

    And that’s at an affordable supermarket. Add 10-15% more for places like walmart, albertsons, kroger, etc.

    • Olgratin_Magmatoe@lemmy.world
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      10 hours ago

      Don’t forget to add an extra 25% for all the companies using the tariffs as excuses to raise prices further to extract profit.

      They did it with covid, they’ll do it again now.

    • parpol@programming.dev
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      11 hours ago

      Are all cucumbers imported? Those can be farmed in the US, I believe.

      I suggest starting a small garden for various vegetables and spices to save money. For those living in apartments, you can make some in your windows.

      Mini leeks are probably the easiest. I actually got an overwhelming amount just from two pots and barely needed to do any kind of maintenance.

      • Zier@fedia.io
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        3 hours ago

        No, all cucumbers are not imported. The US grows in season produce. During off season or low crop yields, we get food from Mexico & Canada. Southern states supply northern states but usually only east & west regions. So Florida supplies cucumbers to the east half, California to the west. Other states do grow them like Texas & Arizona. But we get a lot from Mexico, like a shit ton from Mexico, they make a lot of money from that supply line. That’s just cucumbers. It’s very similar with other produce. Canada supplies a lot of hot house tomatos of all types and mini sweet peppers. The interesting thing is, we export a lot of white corn to Mexico and there is no tariff on that export. Dumb donnie is literally punishing Americans while selling our exports for less than what we would pay. This is why we have NAFTA, for fairness and cooperation.

        • parpol@programming.dev
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          8 hours ago

          Have you tried carrots? They can grow in negative 8 degrees Celsius (around 19 degrees freedom units)

          I think broccoli and Brussels sprouts also do well.

          When it comes to cucumbers, however, growing a ton, and pickling them is perfect for using all year round, and pickling is also way easier than I first thought.

          • KairuByte@lemmy.dbzer0.com
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            8 hours ago

            Nah, not much makes it through winter at my latitude. Though I suppose with the rising temps, there’s always a chance this could be the year.

            • parpol@programming.dev
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              7 hours ago

              I’ve never tried this but how about one of those small DIY greenhouses? Apparently they’re pretty easy to make. I’m not sure how cold it gets at your latitude but with a greenhouse you could manage to lower your zone a level. Maybe enough for those carrots.

              Worst case I guess is just grow winter crops during the summer. Half a year of cheaper food is better than nothing.

      • Idontevenknowanymore
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        9 hours ago

        No because being forced to grow food on my balcony it’s totally why all of us enjoy living in an advanced economy.

        • parpol@programming.dev
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          8 hours ago

          I like growing vegetables and flowers. It is the only think keeping me sane living in the city.

          I know some do not, but the tariffs are happening, so best you can do is adapt, though honestly I would suggest it even if the tariffs were cancelled. It saves money, is good for the environment and your mental health.

    • xmunk@sh.itjust.works
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      13 hours ago

      And right after deporting all the farmers, too! Trump speed runs America’s first famine since the great depression.