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Trumps 25% Tariff and its Impact

1 week ago written by
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CNN

President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers.

https://www.cnn.com/2024/11/25/politics/trump-tariffs-mexico-canada-china/index.html

Washington AP 

The president-elect posted on social media Monday that on his first day in office he would impose 25% tariffs on all goods imported from Mexico and Canada until those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States.

https://apnews.com/article/trump-tariffs-china-mexico-canada-fentanyl-inflation-cf905e75e863511baef959a80ee2eea2

Fox News

President-elect Trump suggested to Canadian Prime Minister Justin Trudeau last week that if a tariff for failing to address trade and immigration issues would kill the neighbor to the north’s economy, maybe it should become the 51st state, sources told Fox News.

https://www.foxnews.com/politics/trump-suggests-canada-become-51st-state-after-trudeau-said-tariff-would-kill-economy-sources

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