US EditionTrump says Canada, Mexico and China tariffs ‘will all be worth it’ — but may cause some ‘pain’
- President Donald Trump announced a 25% tariff on Canadian goods and a 10% tax on oil, natural gas, and electricity, stating they 'will all be worth it' despite potential 'pain' for Americans.
- Canada is retaliating with 25% tariffs on over $155 billion of U.S. products, with Prime Minister Justin Trudeau urging Canadians to buy local goods.
- The Chinese government plans to defend its economic interests by filing a lawsuit with the World Trade Organization against the tariffs.
- An analysis by the Budget Lab at Yale predicts that if tariffs continue, the average U.S. household could lose about $1,245 in income this year, equivalent to a $1.4 trillion tax increase over the next decade.
392 Articles
392 Articles
Trump tariffs prompt warnings from trade groups
President Donald Trump's move to impose tariffs on goods from Mexico, Canada and add further tariffs on China has sparked reactions from several trade groups, who warned the added taxes on imports will drive up costs for American consumers and producers.The president signed an executive order on Saturday that authorized a 25% tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China, to go into effect on Tuesday.…
Trump may have miscalculated how much 'pain' Americans are willing to tolerate: analysis
Donald Trump may have miscalculated just how much financial "pain" Americans are willing to tolerate due to his sweeping tariffs on Canada, Mexico, and China, according to a new article in The Washington Post.Trump posted about the tariffs over the weekend, writing, “WILL THERE BE SOME PAIN? YES, MA...
Trump says Americans may feel 'pain' in trade war
WASHINGTON - President Donald Trump said the sweeping tariffs that he has imposed on Mexico, Canada and China may cause "short term" pain for Americans as global stock markets tumbled on concerns the levies will spark an economically damaging trade war.
After the tariffs imposed on imports from Canada, Mexico and China, US President Trump has prepared Americans for the consequences: they could be "painful". At the same time, he indicated a willingness to negotiate.
Trump says tariffs may bring 'some pain' to US
PALM BEACH, Fla. — President Donald Trump said Sunday that Americans could feel "some pain" from the emerging trade war triggered by his tariffs against Canada, Mexico and China, and claimed that Canada would "cease to exist" without its trade…
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