Trump finalizes tariffs on Canada, Mexico, China, triggering likely trade war

I am hearing that Customs is not going to follow the ruling and will attempt to steal money from US consumers still with this illegal tax. Just a rumor but that is what is coming from people on the ground.

 

Appeals court has issued an emergency stay for the moment. So, back on again, I guess.

imagine actually trying to plan your business with this shit.

 

Yep. Its a zoo. Our suppliers have agreed to ship us under the higher costs and will let us bill them back if they get waived. The prices are still going up as of now. Insane.

Appeals court pauses ruling that blocked Trump’s tariffs | CNN Business

 

"More than 70% of U.S. small and mid-sized businesses say tariffs have already increased their operating costs — but almost all still expect to be able to grow internationally in the coming years, per a new HSBC survey shared exclusively with Axios.

The responses also indicate that businesses are moving to do two things the Trump administration wants to see happening — adopting new technologies (like AI) and re-shoring. 44% say they're looking at moving production domestically, while 64% are adopting new digital technologies or platforms."

https://www.axios.com/2025/05/28/trump-tariffs-hsbc-business-costs

 

It's not really a matter of whether its his right to decide where things are made--it's incredibly foolish to try to make everything here. For many things, no one besides the multi-millionaires will be able to afford them. The damage to the economy will be extreme, even if an intelligent president is elected in 3.5 years and stops the tariffs. By then, Trump will have forced manufacturers to start construction of new factories that make products that no one can afford, and they will have to eat that loss when the next president reverses the policy. Trump is taking a sledgehammer to the economy.

Besides, where does Trump think he's going to get the workers for all these factories (especially after chasing out all the immigrants)? Unemployment is very low now, so there aren't that many potential employees available. There are lots of people that are not cut out for shift work, much less shift work in a factory. Quality will go down, and force a bidding war for capable employees, and that will drive up prices even higher.

 

reshoring due to protectionism destroys wealth. But it sounds good.