US EditionTrump says tariffs on Canada and Mexico ‘will go forward’
- President Donald Trump announced that tariffs on Canada and Mexico will begin next month, ending a monthlong suspension.
- The tariffs are set at 25% for most goods from Mexico and 10% for Canadian energy products, aiming to pressure these countries to address illegal immigration and drug smuggling.
- Most economists predict that consumers and manufacturers will bear the costs of the tariffs, impacting economic growth.
- Trump believes the import taxes will generate revenue and create jobs.
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US tariffs on Canada and Mexico are set to take effect at midnight
US tariffs against Canada and Mexico that were put on hold during a last-minute agreement are set to go into effect at midnight and the universal tariff charged on imports from China will double to 20%. At the beginning of his second term, President Donald Trump threatened to impose 25% tariffs on hundreds of billions of dollars worth of goods in a push to help stem the flow of migrants and fentanyl across the borders. In a Truth Social post on …
·Baltimore, United States
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Total News Sources265
Leaning Left30Leaning Right35Center60Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 24%
C 48%
R 28%
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