Will prices on food, pharmaceuticals and electronics go up in Florida after President Trump's 25% tariffs on goods from Mexico and Canada begin?
On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.
President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as diplomatic leverage.
Live updates as Trump threatens tariffs on China, Mexico, Canada and BRICS countries. Follow the latest news on Cabinet picks Tulsi Gabbard, Robert F. Kennedy Jr. and Kash Patel.
White House Press Secretary Karoline Leavitt confirmed the news at a briefing Friday. She said Trump will impose a 25% tariff on Canadian and Mexican imports starting Feb. 1, and a 10% tariff on Chinese imports starting the same day.
These are promises made and promises kept by the president,” White House press secretary Karoline Leavitt told reporters. There was no news of any exemptions.
Trump has repeatedly vowed to impose tariffs on the United States' closest trading partners, citing concerns over drugs, immigration, and trade deficits.
WASHINGTON: US President Donald Trump on Saturday (Jan 31) will implement tariffs of 25 per cent on Canadian and Mexican imports and 10 per cent on Chinese goods with immediate effect, White House spokesperson Karoline Leavitt said on Friday.
Secretary of State Marco Rubio says President Donald Trump’s desire to acquire Greenland and retake control of the Panama Canal is driven by legitimate national security interests stemming from growin
Kelly asked Rubio if the U.S. will own Greenland — whose ruling party actually wants the island to be independent — by the end of Trump’s second term. “We’ll see,” he replied, adding that Americans can “rest assured” that U.S. interests in Greenland, the Panama Canal and elsewhere will be “more secure” by that time.
I T SOUNDS ODD, but hints keep piling up that President Donald Trump is tempted by a big, beautiful deal with China’s Xi Jinping. That runs counter to campaign-trail vows to hit China with crippling tariffs.