President-elect Donald Trump said that he plans to institute a 25% tariff on all products coming into the US from Canada and Mexico, starting on the first day of his administration.Do you know when he got the rag on about Canada? Lots of good hooch from there. Of course, Real Americans only drink Kentucky Bourbon swill. They ain't got no palate.
No more cheap avocado from Mexico.
Being an ignorant slut, Garfield 2.0 has no idea that taxing (which is what a tariff is, but you do know that, right?) goods for which there is an American equivalent primarily encourages American producers to raise their price to a penny or two below the import price. Why not? The import isn't going to get any cheaper. The CPI will soar. Well... may be. Being the Unitary Executive, Garfield 2.0 has the authority to order Census/BLS to report CPI at the number Garfield 2.0 wants. The Greatest Threat in action.
Of course, for the scenario to work out, Garfield 2.0 will have to not suspend elections in 2026 in addition to not messing too much with the macro-data. I'm not willing to make odds on that.
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