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By Cassandra Garrison. MEXICO CITY (Reuters) - If U.S. President Donald Trump follows through on his pledge to slap 25% tariffs on imports from Mexico it could usher in a volatile new chapter in ...
Trump signed orders on Saturday evening, imposing 25% tariffs on imports from Mexico and Canada (though Canadian energy faces a lower tariff of 10%) and 10% tariffs on goods from China.
On Nov. 25, Trump posted on Truth Social that on his first day in office, he would impose a 25% tariff on all products coming into the U.S. from Mexico and Canada "until such time as Drugs, in ...
Imposing tariffs on Mexico and Canada could pile even more retaliatory action on the industry. Chris Swonger, the council’s president and CEO, said he appreciates the goal of protecting U.S. jobs.
Trump said the plan to impose 25% levies on tariffs on most goods entering the US from its northern and southern neighbors, and a 10% tariff on Chinese imports, could cause "some pain" but would ...
The leaders of Mexico and Canada responded forcefully on Saturday, both vowing to impose retaliatory tariffs on U.S. goods. Mexican President Claudia Sheinbaum said her country would retaliate ...
He also floated imposing tariffs of 200% or more on vehicles imported from Mexico during the election campaign. The Mexican peso fell over 1% against the dollar on Tuesday following Trump's post.
Speaking in the Oval Office on Friday, Trump claimed he was imposing the import taxes — which are paid by American companies and passed on to consumers — because U.S. allies Mexico and Canada ...