Trump's tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes
- Trump has proposed tariffs of 25% on imports from Mexico and Canada, and 10% to 60% on imports from China, with implementation expected soon.
- The tariffs on pharmaceuticals could contradict Trump's promises to lower prescription drug prices, according to federal trade data.
- Trump's past tariff threats, including a quick reversal on Colombia, indicate his use of tariffs as a negotiating tactic.
- Trump stated, "We are going to look at pharmaceuticals, drugs, we are going to look at chips, semiconductors, and we are going to look at steel" during a meeting with House Republicans.
200 Articles
200 Articles
Trump's Tariff Threats Loom Large on EU's Horizon - teleSUR English
Not all EU states will be able to achieve ‘more preferential treatment’ from the U.S. If new U.S. President Donald Trump decided to act on his threats to impose tariffs on the European Union (EU), it will be very painful for the bloc, said Miquel Vila, an analyst of the Catalonia Global Institute, a Spanish think tank that specializes in international affairs. RELATED: Colombian President Orders to Increase 25% Tariffs to US Imported Products Th…
What Trump's Colombia tariff flap portends for China, Canada, and Mexico - Washington Examiner
President Donald Trump appears emboldened by his first tariff win against Colombia before this weekend’s showdown with some of the United States’s biggest trade partners. Colombian President Gustavo Petro backed down within hours after blocking two repatriation flights of illegal immigrants who had been deported from the U.S. when Trump threatened to impose 25% tariffs on his smaller country. Experts predict Canada and Mexico will similarly “cav…
UNAM warns negative scenario with Donald Trump tariffs: How would tariffs affect Mexico?
It is possible that on Saturday, February 1, U.S. tariffs on Mexican products will begin, after President Donald Trump issued an order for most Mexican imports from his country to rise by 25 percent.Donald Trump has claimed that these tariff measures are, at least, until Mexico and Canada stop migrants from entering the United States, and that results are seen regarding the entry of fentanyl, a synthetic drug that kills about 100,000 people a ye…
Columbia Hit With 'Emergency' Tariff
Colombia made the wrong move by refusing a couple of deportation flights. Americans really love Colombian coffee but we won’t mind buying our beans from other countries for a while. The nation’s rash decision resulted in a fast 25 percent tariff. If they don’t take the next load, it goes up to 50 percent next week. The move may anger American caffeine junkies but the Colombian treasury will go bankrupt if they don’t back down fast. Tariffs on Co…
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