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President Donald Trump stopped short of imposing tariffs on Canada on day one but said they may come as soon as 1 February. ... Jessica Murphy - BBC News, Toronto. January 20, 2025 at 9:09 PM ...
Jessica Murphy & Nadine Yousif - BBC News, Toronto. ... including ones generated from tariffs. The Trump administration is also reviewing a long-standing free trade agreement between Canada, the ...
Trump vowed on Monday night to introduce 25% tariffs on goods coming from Mexico and Canada and an additional 10% on goods coming from China. He said the duties were a bid to clamp down on drugs ...
Trump said the tariffs would be imposed due to Chinese theft of U.S. intellectual property. [126] Trump said his planned tariffs on Chinese imports would make the United States "a much stronger, much richer nation". [127] However, the steps toward imposing the tariffs led to increased concerns of a global trade war. [126]
During the campaign, Trump vowed tariffs as high as 60% on China and up to 20% on other trading partners. After his victory, he vowed an additional 10% duties on China and 25% on Mexico and Canada.
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034. Trump tariffs would shrink the federal deficit, but also ...
After Trump made his tariff threat, he spoke to Canada's Prime Minister Justin Trudeau for about 10 minutes, discussing trade and border security, a Canadian government official told the BBC. They ...
The last time Donald Trump was president, he imposed a slew of tariffs on China that upended global trade. He's threatening to do it again.. Round One inadvertently pushed China and Mexico closer ...