Well, That Didn’t Last Long: Trump “Pauses” Tariffs on Canada and Mexico

The only thing I even care about at all is the price of crypto.

This “pause” has already fixed that problem.

Reuters:

U.S. President Donald Trump suspended his threat of steep tariffs on Mexico and Canada on Monday, agreeing to a 30-day pause in return for concessions on border and crime enforcement with the two neighboring countries.

U.S. tariffs on China are still due to take effect within hours.

Both Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum said they had agreed to bolster border enforcement efforts in response to Trump’s demand to crack down on immigration and drug smuggling. That would pause 25% tariffs due to take effect on Tuesday for 30 days.

Canada agreed to deploy new technology and personnel along its border with the United States and launch cooperative efforts to fight organized crime, fentanyl smuggling and money laundering.

Mexico agreed to reinforce its northern border with 10,000 National Guard members to stem the flow of illegal migration and drugs.

After speaking by phone with both leaders, Trump said he would try to negotiate economic agreements over the coming month with the two largest U.S. trading partners, whose economies have become tightly intertwined with the United States since a landmark free-trade deal was struck in the 1990s.

The tariffs are a good idea, frankly, and some temporary pain in the US market should be tolerable.

I say I only care about crypto. But that is not strictly accurate. I am also a big time racist, and I want to remove all of this filth from our country, because we live here.

It would also be better for the markets, long term, to force companies to produce things in America, and if we can remove tens of millions of brown people from our country, the wages would rise enough that Americans could easily afford to pay higher prices for American produced products.

Also, if the government is going to get rid of stupid regulations, and allow for small businesses to offer solutions to the expensive production costs in this country, there is no reason that producing things in America should be that much more expensive. Canada has better wages than America, and Mexico’s are not far behind, so there are other issues, mostly related to regulations, that are making it so expensive to produce products in the United States.

Trump has a strategy for all of this, and the key is getting rid of these immigrants. Unfortunately, the current rate at which he is deporting people is nowhere near extreme enough to fix anything. Mostly, he is deporting violent criminals, who don’t really have that big of an impact on the economy anyway, because they don’t work at jobs. In fact, organized crime is probably actually good for the economy, if we isolate it from the other problems it causes.

We need to see much larger scale deportations, and he needs to start that very quickly while people are still shocked by the rate at which things are moving.