In not-so-surprising news, the travel and tourism industry is getting hit hard as hell because President Adolf has pissed off Canadians. The Washington Post's article, "Canadian Travel to U.S. Is Plummeting: 'There's a Lot of Anger,'" relates that fact with lots of details.
The consequences are going to affect two red states in particular: Florida and Arizona. There are estimates that there are going to be 4 million fewer travelers to the U.S. because of this anger and Canadian patriotism.
If I were Canadian, I'd just vacation in Mexico, Costa Rica, or Belize.
Also, I would think European travelers will be avoiding the U.S.
As the saying goes, FAFO, America.
Based on Moscow Don's tariff policies, if one were to buy say a Nissan Sentra, which would normally be about $22,000, it now would cost, at minimum, $27,280.
I wonder what percentage of automotive parts are made in China and Japan? A cursory search panned out that it's not as large of a percentage as I assumed: 9.5% from China and 9.4% from Japan.
However, 38% of automative parts come from Mexico, and 10% come from Canada. I'm assuming those are still subject to a 25% tariff.
As I drove over to get my car an oil change this morning, I saw that gas prices went up. In my little corner of the planet, gas is $3.39 a gallon.
61% of the oil we import comes from Canada, which is a country hit by 25% tariffs.
The one country not hit by tariffs?
Russia.
Moscow Don at work. Not really. He's golfing on my tax dollars.
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