President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” decide on Thursday night whether to include oil from those countries as part of his import taxes.
The Agreement between the United States of America, Mexico, and Canada (USMCA) was entered into force on July, 1, 2020, under the USMCA Implementation Act, H.R. 5430; Public Law 116-113. It replaces the North American Free Trade Agreement (NAFTA) which was in force from January 1, 1994 to June 30, 2020.
“But it was up to the Biden administration to enforce it and they did a horrible job and the whole thing needs to be redone because of that. If Biden had actually enforced the bill that I put into place when I was President the first time we wouldn’t be in this situation now where i have to redo everything from scratch so it’s Biden’s fault that you all lost your jobs and everything is twice as expensive and gas is $4 a gallon but dont worry in 2 weeks i’ll have prices back down to normal and you won’t have to worry about gas prices again and it’ll be great and Canada and Mexico will be paying billions to our new external revenue department just wait and see.”
Stealing this from another comment:
Hmm who was president in 2020?
https://www.cbp.gov/trade/priority-issues/trade-agreements/free-trade-agreements/USMCA/FAQs
“But it was up to the Biden administration to enforce it and they did a horrible job and the whole thing needs to be redone because of that. If Biden had actually enforced the bill that I put into place when I was President the first time we wouldn’t be in this situation now where i have to redo everything from scratch so it’s Biden’s fault that you all lost your jobs and everything is twice as expensive and gas is $4 a gallon but dont worry in 2 weeks i’ll have prices back down to normal and you won’t have to worry about gas prices again and it’ll be great and Canada and Mexico will be paying billions to our new external revenue department just wait and see.”
four bucks a gallon. you wish. I can tell you right now people will be wistfully thinking of gas being four dollars a gallon.
Oh, I never said it would end there. I’m just saying that’ll be roughly what the price will be when people start complaining.