Donald Trump vows to impose 25% tariff on all products from Canada and Mexico
Donald Trump vows to impose 25% tariff on all products from Canada and Mexico
President-elect Donald Trump said he would impose a tariff on products from Canada and Mexico until they stop flow of drugs, migrant crossings.
Summary
Donald Trump pledged to impose a 25% tariff on all products from Mexico and Canada on his first day in office, blaming them for failing to stop illegal drugs and immigration.
He also vowed to add a 10% tariff on Chinese goods until drug trafficking into the U.S. ceases.
Economists warn these tariffs could drive up consumer prices and inflation.
While violent crime has declined in recent years, Trump continues to link trade measures to border security and drug issues, echoing his first-term trade policies and immigration stance.
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Wow. It sure is a good thing we still have domestic products that can compete with all of the imported goods from these major trade partners ...right? Right?
its a good thing the US isn't dependent on Canadian electricity or gas....