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This decision poses significant risks to the deep economic ties between the U.S. and Canada, where goods worth $3.6 billion cross the border daily. Trump's aim with the tariffs is to push Canada and Mexico to take stronger actions against migration and drug trafficking, while also supporting his "Buy American" agenda to boost the U.S. economy.
The White House has cited several examples of especially lopsided tariffs: Brazil taxes ethanol imports, including America’s, at 18%, but the U.S. tariff on ethanol is just 2.5%.
The U.S. and some of its closest trade partners have gone back and forth on trade polices in recent days after President Donald Trump announced tariffs on goods from Mexico, Canada and China. As ...
Trump’s first-term tariffs on steel, clothing, and wooden cabinets did lead American producers to boost production of those things. But Tintelnot and other economists are worried that across-the ...
The tariffs against Canada and Mexico upend a trade pact that dates back three decades and is the linchpin of many tightly integrated industries across North America. Trump himself signed the ...
O n Thursday afternoon, President Donald Trump signed a memorandum calling for “fair and reciprocal” tariffs on all U.S. trading partners, directing his advisors to begin calculating new ...
President Trump and Mexico President Claudia Sheinbaum announced Monday that they had agreed a one-month pause on the imposition of a 25% across-the-board tariff by the US in exchange for ...
Trump's campaign has not stated whether they will reinstate Trump's former child separation policies. [26] In October 2024, Trump proposed a plan for recruiting and retaining U.S. Customs and Border Protection agents; his plan included a 10 percent wage increase for the agents, $10,000 retention and signing bonuses, and hiring 10,000 new agents ...