Trump not expected to carry through on Day 1 tariff threats

[BumRushDaShow]

Source: NBC News/CNBC

Jan. 20, 2025, 1:03 PM EST


President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a move that economists have warned could lead to higher prices for Americans and hurt U.S. businesses.

Instead, Trump will direct federal agencies to examine different areas of trade policy and recommend actions, according to a person familiar with the plans. The agencies will also be directed to review existing tariffs and trade agreements, like the USMCA agreement negotiated during Trump’s first term, along with policies related to intellectual property rights and the purchasing of American-made goods, the person said. The administration will also study the idea of creating an External Revenue Service to collect tariff revenue.

The plans were first reported by The Wall Street Journal and an administration official confirmed that report.

Trump had previously said that during his first day in office he would impose a 25% tariff on all goods coming into the U.S. from Canada and Mexico. The tariff would remain in place until “such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” Trump said in a post on Truth Social on Nov. 25.

Read more: https://www.nbcnews.com/business/business-news/trump-not-expected-carry-day-1-tariff-threats-rcna188407

[Pachamama]

1. The first 24 hours aren't over

Wait to see what he does before noon tomorrow

[Jacson6]

2. Of course he isn't. He was just BSing his MAGA supporters.

Voting for Trump doesn't mean he will keep ANY of his campaign promises.

[Deminpenn]

7. Right

Trump issued a bunch of EOs "keeping his campaign speech promises". That's that for his voters.

Now he and his entourage can get on to full time grifting.

[Lovie777]

3. Also shithole had ample time....

to have his lawyers do thorough paperwork re J6 pardons. He still may do tho which I fine odd.

[durablend]

4. I'm hoping

He's thinking up more ways to rip off his supporters and forgot about everything else.

[bluestarone]

5. Well, maybe we should wait until 2 or 3 AM?

He just need a few more drugs in him.

[EarthFirst]

6. Exactly.

TSF and Elon do their best version of unhinged between the hours of 11 p.m. and 3 a.m.

[JoseBalow]

8. No surprise at all

Why does anyone believe anything that troll says?

[multigraincracker]

9. reminds me of this....

https://duckduckgo.com/?q=Rosana+Rosana+Dana%2C+Never+Mind%2C+clip&t=osx&iax=videos&iai=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DOjYoNL4g5Vg&ia=videos

[Hassler]

10. Every MAGAt thinking: but my eggs and bacon

Are still getting cheaper, aren't they?

[paleotn]

11. Unless it somehow enriches him, he could care less.

He's the most transactional lifeform on the planet. He knows there's no payoff from this. Nothing but grief from farmers and a host of others. Unless he really is stupid, this was all theater.