this post was submitted on 24 Jan 2025
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cross-posted from: https://lemmy.world/post/24657192

Summary

In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.

The remark elicited gasps from the audience.

Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.

He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.

Economists warn such tariffs would raise prices for U.S. consumers.

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[–] ToadOfHypnosis@lemmy.ml 53 points 12 hours ago (20 children)

Trump seems to have the goal of destroying the US from all I can tell. Our economy and power are so dependent on our connections to the rest of the world and he is burning them all down. The US dollar gets replaced as the fiat currency we are wholly fucked and this dumb shit is how that happens.

[–] Hafler@lemm.ee 31 points 12 hours ago (4 children)

Somehow, even with conservatives owning all the branches of government, it will be the Dem's fault.

[–] ToadOfHypnosis@lemmy.ml 16 points 11 hours ago

LGBTQ+ and immigrant fear can convince conservatives of about anything.

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