---President Elect Musk and Convicted Felon Donald J Trump---

mickeyrat

Halifax2TheMax said:

brianlux said:

Let's see what a neutral news source says

https://www.reuters.com/markets/commodities/trump-tariffs-could-raise-grocery-liquor-bills-beef-pork-avocados-tequila-2024-11-26/

Trump tariffs could raise grocery, liquor bills - from beef and pork to avocados and tequila

By Leah Douglas and Ed White

November 26, 20243:18 PM PSTUpdated an hour ago

• Summary

• Tariffs could lead to produce shortages as well as price hikes, experts warn
• Mexico and Canada are top suppliers of US agricultural imports
• Tariffs may disrupt cattle and pork trade between US, Mexico, and Canada

WASHINGTON/REGINA, Saskatchewan, Nov 26 (Reuters) - U.S. prices may rise next year for avocados, strawberries and other fresh produce, and consumers could face shortages, if President-elect Donald Trump follows through on plans to slap tariffs on goods from Mexico and Canada, agricultural economists and industry executives said.

Mexico and Canada are by far the top two suppliers of farm products to the United States, with imports of agricultural goods valued at nearly $86 billion last year, according to U.S. Department of Agriculture and U.S. Customs data.

Duties on their food shipments could cause jarring financial and operational ripple effects on U.S. supplies and highlight how reliant the nation has become on its neighbors for feeding its population, economists said.

Trump said Monday he would sign an executive order on his first day in office in January that would impose a 25% tariff on all products coming into the United States from Canada and Mexico to curb the flow of illegal drugs and migrants into the U.S.

U.S. consumers would feel impacts at grocery stores and restaurants, with items being out of stock, Lance Jungmeyer, president of the Fresh Produce Association of the Americas, said on Tuesday.

"We would see fewer items in general in the produce section," Jungmeyer said. "Restaurants would have to reconfigure their menus, maybe putting in less fruits and vegetables or decreasing portions."

About two-thirds of all U.S. vegetable imports and half of fruit and nut imports come from Mexico, according to the USDA: nearly 90% of its avocados, as much as 35% of its orange juice, and 20% of its strawberries.

Avocado exports to the United States have soared 48% since 2019, according to U.S. trade data, as consumers have increasingly put them in salads and on sandwiches. The U.S. market accounts for about 80% of Mexico's total avocado exports, data by the USDA shows, a trade worth $3 billion last year.

"It would generate an inflationary spiral," said Alfredo Ramírez, governor of Michoacan, Mexico's main avocado producing state.

"Demand would not fall," he said. "What would increase are costs and prices. This would bring us an increase in inflation and direct repercussions for consumers."

Margarita supplies could be hit, too. Imports of beer and tequila together make up nearly a quarter of Mexican imports of agricultural goods into the U.S. last year. U.S. imports of Mexican tequila and mezcal - both used for making cocktails, such as margaritas - totaled $4.66 billion in 2023, up 160% since 2019, according to data from the Distilled Spirits Council of the United States.

"Tariffs on spirits products from our neighbors to the north and south are going to hurt U.S. consumers and lead to job losses across the U.S. hospitality industry just as these businesses continue their long recovery from the pandemic," the group said.

The tariffs could also push prices higher for fertilizer imported from Canada at a time when farmers are paying nearly 50% more for fertilizer than in 2020, said Sam Kieffer, vice president of public policy for the American Farm Bureau Federation, a farmer trade group.

"Now is not the time to send shock waves through the agricultural economy," Kieffer said.

PIGS, CATTLE MIGRATION

Trump's plan could also slow the migration of more than 1 million cows exported by Mexico across the border each year, to become part of the U.S. beef supply.

U.S. producers have slashed their cattle herds in recent years, pushing up beef prices. They could benefit if tariffs lead to fewer cattle and beef imports, said Bill Bullard, chief executive officer of the Ranchers Cattlemen Action Legal Fund United Stockgrowers of America.

Tariffs could also further increase meat prices for U.S. consumers, though Bullard said importers and meat processors may be able to absorb some extra costs.

"We look forward to tariffs," he said. "It will help to level the playing field for our domestic producers."

To the north, tariffs also could disrupt shipments of beef and dairy cattle and hogs between the U.S. and Canada, and potentially affect producers in both countries.

Manitoba alone sends about 3 million piglets each year to producers in Iowa, Minnesota, South Dakota and Nebraska, where feed corn can be sourced more cheaply, according to the Canada Pork Council and Manitoba Pork Council

Midwestern farmers then raise and fatten up the animals in their feeder barns, before sending them to slaughter - and the pork flows both to buyers in the U.S. and Canada after processing.

TRUMP TRADE WARS 2.0

The latest USDA projections show that the U.S. in 2025 will likely run a deficit in agricultural trade of more than $42 billion, driven in part by consumer interest in off-season produce and imported alcohol from Mexico.

The threat of tariffs could be a way of attaining leverage over Mexico and Canada in the lead-up to renegotiation of the USMCA trade deal, set to be reviewed in 2026, said Peter Tabor, an attorney and senior policy advisor at Holland & Knight and a former USDA trade official.

But implementation of steep tariffs over time could mean the U.S. may be seen as an unreliable trading partner and that importers of U.S. goods would look elsewhere to fill the void, Tabor said.

Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here.

Reporting by Leah Douglas in Washington, Ed White in Regina, Saskatchewan, Tom Polansek and Karl Plume in Chicago, Emma Rumney in London, and Cassandra Garrison and Adriana Barrera in Mexico City; Writing By P.J. Huffstutter in Chicago; Editing by Jonathan Oatis and Sonali Paul

Drink whiskey and eat cats and dogs. Who needs vegetables, tequila and avocados? Problem solved.

and geese

Gern Blansten

2023

This is all a farce. I know the media needs to report on what the orange moron tweets but I really doubt that there is any intention to put these tariffs in place. He's going to say that the "threat" of the tariffs did something positive and we'll all forget about it.

pjl44

Gern Blansten said:

This is all a farce. I know the media needs to report on what the orange moron tweets but I really doubt that there is any intention to put these tariffs in place. He's going to say that the "threat" of the tariffs did something positive and we'll all forget about it.

Christ do I hope you're right 

Gern Blansten

2023

pjl44 said:

Gern Blansten said:

This is all a farce. I know the media needs to report on what the orange moron tweets but I really doubt that there is any intention to put these tariffs in place. He's going to say that the "threat" of the tariffs did something positive and we'll all forget about it.

Christ do I hope you're right 

He'll start getting pressure once the people in his orbit have to start explaining it. I can hear the responses on MTP now

Question: Virtually every economist with a brain larger than a pea states that these suggested tariffs are a horrible idea. Do you support this?

Answer from Maga sycophant: Donald trump was elected by an overwhelming majority of voters. He ran on making Amerikkka great again and stopping illegal immigration. He is the greatest president our country has ever seen.

Followup: Yeah but do you support the idea of tariffs on MX, Canada, China that trump has mentioned?

Sycophant: What we should really be focusing on is the problem at the border. Biden/Harris escorted murderers, rapists, and drug lords across the border and the people responded overwhelmingly by electing trump with an overwhelmingly overwhelming majority of the votes. The days of allowing murderers to murder people are over.

HughFreakingDillon

2024

Gern Blansten said:

This is all a farce. I know the media needs to report on what the orange moron tweets but I really doubt that there is any intention to put these tariffs in place. He's going to say that the "threat" of the tariffs did something positive and we'll all forget about it.

I was thinking this exact scenario last night. Out of all the stuff he's "threatened/promised", he's done about 5% of. 

battle1

HughFreakingDillon said:

Gern Blansten said:

This is all a farce. I know the media needs to report on what the orange moron tweets but I really doubt that there is any intention to put these tariffs in place. He's going to say that the "threat" of the tariffs did something positive and we'll all forget about it.

I was thinking this exact scenario last night. Out of all the stuff he's "threatened/promised", he's done about 5% of. 

Then why are we so scared?  

OnWis97

The field

Gern Blansten said:

This is all a farce. I know the media needs to report on what the orange moron tweets but I really doubt that there is any intention to put these tariffs in place. He's going to say that the "threat" of the tariffs did something positive and we'll all forget about it.

Absolutely. He'll probably even take credit for stopping a potential disaster and Elon's servants will convince everyone that the tariffs were Biden's idea.

HughFreakingDillon

2024

battle1 said:

HughFreakingDillon said:

Gern Blansten said:

This is all a farce. I know the media needs to report on what the orange moron tweets but I really doubt that there is any intention to put these tariffs in place. He's going to say that the "threat" of the tariffs did something positive and we'll all forget about it.

I was thinking this exact scenario last night. Out of all the stuff he's "threatened/promised", he's done about 5% of. 

Then why are we so scared?  

I'm not personally scared, but I see why a lot are. 

-the shit that happens in the background while people are focused on the big orange meanie's tweets
-because it's never good to have someone in that office who will just say anything he wants and hopes for the best outcome since he really doesn't care either way. these markets (and social events) fluctuate violently depending on what a US president says/doesn't say, and that has real world consequences for a lot of people

Gern Blansten

2023

OnWis97 said:

Gern Blansten said:

This is all a farce. I know the media needs to report on what the orange moron tweets but I really doubt that there is any intention to put these tariffs in place. He's going to say that the "threat" of the tariffs did something positive and we'll all forget about it.

Absolutely. He'll probably even take credit for stopping a potential disaster and Elon's servants will convince everyone that the tariffs were Biden's idea.

And part of his "ransom" for the tariffs is for these countries to stop illegal immigration from their borders and stop drug flow. Which they have already started doing anyway.

We forget that these countries will have a response. Their economies aren't as strong but they can impose tariffs as well just to fuck things up for a bit. Mexico has already said that they would respond in kind.

mickeyrat

" I am S M Art" Homer J Simpson

https://www.threads.net/@nycjayjay/post/DC5C1CYqNuN?xmt=AQGz_8YzmmxtSFcnXxkIhigaNynHn2WGpQSoLmN34_R-Zg

mickeyrat

with friends like these

https://www.threads.net/@maria_drutska/post/DC7HXbGqYXY?xmt=AQGzbxGsVw1OgK9-4ZAmK6kAjZCi3kVWQ7uJQydDrC95tQ

Bentleyspop

mickeyrat said:

with friends like these

https://www.threads.net/@maria_drutska/post/DC7HXbGqYXY?xmt=AQGzbxGsVw1OgK9-4ZAmK6kAjZCi3kVWQ7uJQydDrC95tQ

The deep state 😃 

mickeyrat

hmmm....

https://www.threads.net/@philritz/post/DC7J5EFx0qb?xmt=AQGzjY1PArAjkw2VyMRAmJZWxcPKF7_pZPaCNIfXlTWXhQ

mickeyrat

this isnt weird at all. ..

so vance is the transmom?

mickeyrat

https://bsky.app/profile/artcandee.bsky.social/post/3lc2c5ylrbs2d

josevolution

2025

https://www.businessinsider.com/trump-decide-affordable-care-act-subsidies-insurance-premiums-medicare-medicaid-2024-11

😂😂 the idiot to decide on insurance what could go wrong? And it would cost us or at least me more I’m middle class not like tect or chocotide they don’t have to worry they voted for him as long as you wear the hat your taxes won’t go up! 

Idiots fell for it 

Choccoloccotide

HughFreakingDillon

2024

josevolution

2025

HughFreakingDillon said:

Hall of fame predators I hope everyone of his clients are outed! 

mickeyrat

we knrw the crypto was grift. but this is outright bribery

https://www.threads.net/@realjuddlegum/post/DDE-wJix1U5?xmt=AQGzXnf5R-2SprTTPr_iXXJxy3VzQne6mFRLaRetI7Fqpw