TL;DR I didn't make it in time. Fuck you Trump!
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this post was submitted on 04 Mar 2025
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Mildly Infuriating
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It's a tax increase which can be (and is being) mis-portrayed as something that the seller pays, when in fact it's the buyer that pays it.
In practice what Trump did was institute the equivalent of an additional 25% sales tax for all Americans when they buy goods manufactured in Canada or Mexico, but because this tax is usually payed by companies (which do most of the importing) and most people aren't at all familiar with how Import/Export works, he seems to be getting away with portraying it as a tax on Canada and Mexico.
(The concern of those countries is not that they pay more - which they don't - it's that a selective "sales tax" that only applies to products they export to the US makes their products less competitive on price when sold in the US, hence they will sell less which is bad for their companies)
I've seen some theories around that the purpose of this significant increase in tax is to pay for the tax cuts for the wealthy that the Republicans are passing.
Andrew Jackson famously paid off the national debt through a massive tariff that almost started the Civil War 20 years early
Taxes applied to companies get passed to consumers
Good luck getting the Trumpettes to understand that...