Trump says tariffs on Mexico and Canada ‘could go up,’ declines to rule out possible recession

[Guno צְבִי]

President Donald Trump said tariffs on some goods from Canada and Mexico planned for April 2 “could go up,” and would not predict whether the United States will have a recession in 2025.

In an interview that aired on Fox News’ “Sunday Morning Futures With Maria Bartiromo,” Trump said reciprocal tariffs would go into effect on April 2 and the one-month reprieve granted to Mexico and Canada was a “little bit of a break.”

In February, Trump announced 25% tariffs on the United States’ neighboring countries. Those were delayed for a month and imposed on Tuesday, until Trump decided on Wednesday to pause tariffs on automakers for another month. He again changed course on Thursday, pausing tariffs on Mexican and Canadian goods covered by the USMCA free trade treaty until April.

“It’s a transition into April and after that, I’m not doing this. I told (automakers), ‘Look, I’m going to do it this one time,’” said Trump.

Trump says tariffs on Mexico and Canada ‘could go up,’ declines to rule out possible recession

Trump said tariffs on some goods from Canada and Mexico planned for April 2 “could go up” and would not predict whether the United States will have a recession.

news.yahoo.com

 

[BartenderElite]

He talks like this, then the markets go down, and he blames "globalists" for the drop.

Trump's erratic rhetoric on the economy is NOT good for the economy. Whatever happens this year - he deserves full blame (or credit, if it's some kind of insane surprise and turns positive).

 

[Tbird19482]

He talks like this, then the markets go down, and he blames "globalists" for the drop.

Trump's erratic rhetoric on the economy is NOT good for the economy. Whatever happens this year - he deserves full blame (or credit, if it's some kind of insane surprise and turns positive).

Yes Trump WILL " he deserves full blame " but he and his MAGA followers will just try to put all the Blame on Biden, They already are trying to.

 

[Diogenes]

I look forward to bathing in years of crybaby tears.

 

[Guno צְבִי]

Tariffs are taxes on consumers. In 1930 two republican senators Smoot and Hawley convinced republican president Hoover to sign off on their tariffs on imported goods. Other countries retaliated quickly. Trade slowed and stopped as the great depression sparked by the stock market crash of 1929 was worsened by tariffs and eventually global trade shrank by 60%. 60%+. Tariffs are taxes passed by short sighted fools like trump and paid by consumers. Isolationism doesn't work. Tariffs are taxes.

 

[Diogenes]

Tariffs are taxes on consumers. In 1930 two republican senators Smoot and Hawley convinced republican president Hoover to sign off on their tariffs on imported goods. Other countries retaliated quickly. Trade slowed and stopped as the great depression sparked by the stock market crash of 1929 was worsened by tariffs and eventually global trade shrank by 60%. 60%+. Tariffs are taxes passed by short sighted fools like trump and paid by consumers. Isolationism doesn't work. Tariffs are taxes.

Why did braindead Biden retain so many of the tariffs that Trump imposed during his first time, golem?

 

[Tbird19482]

Tariffs are taxes on consumers. In 1930 two republican senators Smoot and Hawley convinced republican president Hoover to sign off on their tariffs on imported goods. Other countries retaliated quickly. Trade slowed and stopped as the great depression sparked by the stock market crash of 1929 was worsened by tariffs and eventually global trade shrank by 60%. 60%+. Tariffs are taxes passed by short sighted fools like trump and paid by consumers. Isolationism doesn't work. Tariffs are taxes.

Then we have really stupid morons like Diogenes crying Biden , Biden , Biden.

 

[Cypress]

President Donald Trump said tariffs on some goods from Canada and Mexico planned for April 2 “could go up,” and would not predict whether the United States will have a recession in 2025.

He did say his policies could cause some pain. Weird how he didn't mention that during his campaign.

 

[Walt]

So, if American auto makers can build all new factories, that take 10 years to build, by April, then they will be fine. If not the will have to pay huge tariffs on cars mostly made in the USA.