cross-posted from: https://lemmy.zip/post/33238139
President Donald Trump says 25% tariffs on imports from Mexico and Canada will start Tuesday, sparking renewed fears of a North American trade war.
Archived version: https://archive.is/20250303202704/https://apnews.com/article/trump-tariffs-mexico-canada-b19e004dddb579c373b247037e04424b
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
Hell there are businesses already building a local stockpile of raw materials and part; been doing this for MONTHS. Other’s not accepting long-term contracts that might bankrupt them if they are caught having to fulfill them post-tariff.
This all adds to the cost of doing business even if the tariffs never happen. Guess who pays since most everyone has to do it (read: there’s no competition when all the players pay the vig!)