WASHINGTON (AP) — President Donald Trump’s long-threatened tariffs against Canada and Mexico finally went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies.

  • mc900ftJesus@lemy.lol
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    7 hours ago

    Trade wars never really end, they just keep getting worse. Slapping tariffs on allies like Canada and Mexico is just asking for a backlash, and all it really does is make everything more expensive for regular people. Inflation’s already been rough, and now Americans are basically getting hit with a hidden tax. Meanwhile, businesses and other countries are watching this chaos and probably making plans to rely on the U.S. less. Everyone loses from this stupidity.

    • adarza@lemmy.ca
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      7 hours ago

      now Americans are basically getting hit with a hidden tax

      most the dumfuks that voted for the fucktard in a diaper still don’t understand this.