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Karoline Leavitt announces Trump will impose tariffs on Mexico, Canada and China this weekend
[Daily Mail, where America gets its news] Donald Trump has announced a 25 percent tariff on Mexico and Canada and a 10 percent import duty on goods from China that will go into effect on Saturday.White House Press Secretary Karoline Leavitt made the bombshell announcement that Trump intended to launch a $1.6 trillion war with America's biggest trading partners in an effort to boost domestic manufacturing and raise revenues for the federal government. 'Starting tomorrow, those tariffs will be in place,' Leavitt told reporters. 'These are promises made and promises kept by the president.' The tariffs threaten to drive up the price of everything from gas to and pickup trucks and guacamole dip and are an aggressive response to the flow of illicit drugs into the United States. However, Trump believes that the tariffs will in the long term re-shape the economy and put dollars back in people's pockets while also piling pressure onto America's neighbors to help cut down illegal immigration. China and Mexico are being further targeted over the inflow of fentanyl which she says has killed tens of millions of Americans. Cartels in Mexico produce and smuggle the synthetic opioid with chemicals imported from unscrupulous Chinese merchants. Canada and Mexico will immediately retaliate with Doug Ford, the premier of Ontario, already vowing to pull American booze from the shelves. Canada is the world's No. 2 market for America's distilled spirits behind Europe. The U.S. deficit in the trade of goods of Mexico has widened from $106 billion in 2019 to $161 billion in 2023 because the country has largely replaced China as the source of cheap furniture, textiles and computer-related imports. The deficit with Canada has soared from $31 billion in 2019 to $72 billion in 2023, mainly due to America’s huge imports of Canadian energy. Trump drops European Union tariff bombshell as astonishing new front opens up in global trade war Trump threatens BRICS: Stick with Dollar or face 100% Tariffs Posted by: Skidmark 2025-02-01 |
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