The far-left Esquire magazine and sports-writer-turned-political-columnist Charles P. Pierce want Americans to be upset it may be cheaper to drink domestic alcoholic beverages under President-elect Donald J. Trump. Pierce, who has a long track record running with outlandish allegations about the incoming America First president, claims that Trump’s 25 percent tariff on goods imported from Mexico will result in $40 six-packs of Corona beer.
“Now, this might be just huffing and puffing from a guy experiencing his semi-annual episode of tumescence, but I think we all learned the first time around that it is a capital mistake to assume everything he says is empty bluffing,” Pierce writes in his bloviating style. The sports writer, who moonlights as a Democratic Party propagandist, adds this far-fetched kicker: “So let us assume that we have entered the era of the $15 lemon, and forty bucks for a six-pack of Corona, and go to work from there.”
Notably, domestically produced beer and agricultural products would be unaffected and remain cheaper than those sourced in Mexico.
A MODEST TARIFF.
While Pierce’s readers may—unfortunately—take the former ESPN Grantland writer and NPR gameshow panelist for his word, there is little actual evidence the 25 percent tariff on Mexican goods will result in $15 dollar lemons or $40 six-packs of Corona beer. In fact, when a similar 25 percent tariff was enacted on Chinese goods in 2018 under Trump’s first presidential administration, there was no noticeable price increase above the baseline—and domestic prices actually fell. Additionally, over the course of 2018 through 2020, inflation remained relatively flat, falling just on either side of two percent each year.
CANADA & MEXICO RESPOND.
Already, Mexico and Canada have signaled their willingness to negotiate on U.S. border security and a crackdown on the illegal drug trade flowing across both the southern and northern borders. Tuesday morning, less than 24 hours after Trump announced the tariff threat, Canada’s Prime Minister Justin Trudeau announced: “I had a good call with Donald Trump. We talked about some of the challenges we can work on together. It was a good call; this is something we can do.”
Meanwhile, far-left Mexican leader Claudia Sheinbaum responded similarly, stating, “I have the vision that there will be an agreement with the U.S.” She added that her country would work to halt the illegal immigrant caravans heading towards the United States.
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