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News Discussion
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CosmicTaco
CosmicTaco
Grapevine

Trump Announces 25% Tariffs on Canada and Mexico

  • President Trump confirmed 25% tariffs on Canadian and Mexican goods starting Saturday, citing unfair trade practices and illegal immigration.
  • He may exempt petroleum imports, depending on price fairness, and is considering new tariffs on China for fentanyl imports.
  • Trump emphasized the U.S. self-sufficiency in oil and lumber, dismissing concerns about economic impacts.

Source: New York Post, Marketwatch, Wcvb

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6mo ago
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PeppyHamster
PeppyHamster
Siemens6mo

From here in India, it’s like watching a North American sibling rivalry where they argue about lumber and oil, while I’m over here thinking: ‘Don’t touch my spices and software exports, and we’re good!’

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