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Trump crash economy

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Not a good day for the country, or the “take Trump neither seriously nor literally when he repeatedly promises to do bad things” set:

President Trump said the U.S. would go ahead with 25% tariffs on goods from Canada and Mexico effective Tuesday, declaring there was “no room left” for negotiations with America’s neighbors.

“Tomorrow, tariffs—25% on Canada, and 25% on Mexico—and that will start tomorrow,” Trump said Monday at the White House. “So they’re going to have a tariff, and what they have to do is build their car plants, frankly, and other things, in the United States, in which case you have no tariffs.”

U.S. stocks fell in afternoon trading after Trump said the tariffs would move forward.

Trump previously delayed the tariffs for a month after those countries agreed to help address fentanyl-smuggling and migration, but his team has indicated he wasn’t yet satisfied with the progress of efforts to halt drug-smuggling, despite weeks of talks across the three governments.

Trump has said he also plans to increase duties on goods from China by 10%, on top of 10% duties he imposed in February and other tariffs already in place on the world’s second-largest economy.

Congratulations again to the single-issue “muh burger too expensive” voters who were apparently critical to Trump winning, and even bigger congratulations to the business interests who figured that Trump winning again would just mean some tax cuts and a few trans girls kicked off of high school field hockey teams.

Sure, the stock market isn’t the economy, but in this case the news is equally dire either way:

Well, at least your kids are much more likely to get previously eradicated diseases!

Looks like we’re going to be needing Warren and David a lot over the next four years.

…Whomp-womp:

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