Shortly after delivering his inauguration address on Monday, President Donald Trump said 25-percent tariffs on goods from Canada and Mexico could be imposed as soon as February 1.
“We are thinking in terms of 25% on Mexico and Canada, because they are allowing vast numbers of people — Canada is a very bad abuser also – vast numbers of people to come in and fentanyl to come in,” Trump told reporters from the Oval Office on Monday evening.
“I think we’ll do it February 1,” Trump responded when a reporter asked for the timing on these tariffs.
Trump later said he would consider putting a “universal tariff” on “anybody doing business in the United States” if “they’re stealing our wealth, they’re stealing our jobs, they’re stealing our companies, they’re hurting our companies.”
Trump’s comments clearly surprised the Canadian government, whose officials and political leaders have been talking tough about fighting a trade war with Trump – especially the candidates jockeying to replace departing Prime Minister Justin Trudeau – even as they evidently believed the tariff threat had subsided.
Canada’s Globe and Mail noted that U.S. media coverage on Monday suggested Trump would “direct government agencies to remedy persistent trade deficits and ensure trade deals prioritize U.S. jobs,” but he had largely stopped talking about tariffs – until he suddenly started talking about them again during his freewheeling post-inauguration press conference. more here
Trump has offended the mentally broke in so many ways in the last 24 hours they can’t focus on one thing to object to. Well except for that Rocket Surgeon Albert Sharpton. He want’s the black community to sit out the upcoming economy for the next four years. That’ll show them. Sounds like that dumb ass Al is trying to put them back in chains. Go kill yourself Al, you’re done.
The numbers are, Canada gets 33% of it’s trade revenue from us pecker woods down here in the states. A 5% REDUCTION SPELLS DEVASTATION TO THEIR ECONOMY. We don’t really need you Canada. How do you say good bye in French?
Good move. We don’t have to do any good deeds to neighbors who won’t even take out their own trash.
Let Canada bring in a conservative leader first. There is a chance it could still a good neighbor. Like it mostly used to be before socialists took over the whole kit and kaboodle.
Mexico is too far gone and too trashy for me. If anyone wants to read about how bad it is, look up Ciudad Juarez, just across the Rio Grande from El Paso.
I wouldn’t even go to any of Mexico’s resorts even if someone else paid for it.