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In late November 2024, Trump pledged to impose a 25% tariff on Canada and Mexico, citing drug trafficking and "Illegal Aliens," as well as a 10% tariff on Chinese goods by February 20th. [ 202 ] The Prime Minister , Justin Trudeau stated he would retaliate against any tariffs on Canadian goods, [ 203 ] [ 204 ] while Ontario Premier Doug Ford ...
Further, Trump has also mentioned an additional 10% tariff upon any additional tariffs on imports from China (he has already promised a 60% tariff on China, per Reuters).
Donald Trump wants to apply "universal baseline tariffs" of 10% that would apply to most foreign products coming into the US. Richard Nixon tried the same thing more than five decades ago.
On the campaign trail, Trump repeatedly proposed a 10% to 20% universal tariff on all imports. His billionaire fans appear to support it, but economists mostly consider tariffs to be inflationary.
And during his campaign, Trump repeatedly said he plans to impose an across-the-board tariff of either 10% or 20% on every import coming into the US, as well as a tariff upward of 60% on all ...
On Truth Social, Trump alleged that Chinese inaction on illegal fentanyl was the reason behind the new 10% tariff. Trump fires the first salvo of his renewed trade war with China: A 10% across-the ...
President-elect Donald Trump has promised a major escalation of the nation’s tariffs. Trump has proposed tariffs of between 60% and 100% on Chinese goods, and a tax of between 10% and 20% on ...
Throughout his campaign, President-elect Donald Trump promised to impose tariffs on goods coming in from other countries as the central element of his economic plan for the country.. He claimed in ...