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Grab 'em by the Tariff and screw us all!
Trump has vowed to impose a 25% tariff on goods from Canada and Mexico and a 10% tariff on Chinese goods.
What does that mean for us? Everything gets more expensive. Paper products, books, and construction prices go up, because we get our wood from Canada. Car components from Mexico, automobile prices go up. So you can say bye to the car you were saving up for because now that costs significantly higher.
For now, this is just a threat, but if Trump actually implements this, we’re all screwed. The prices of almost everything we can imagine will go up while our earnings stay the same.
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