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Some lawmakers in the U.S. Congress have expressed dismay at President Donald Trump's threat to slap new tariffs on Canada, China and Mexico, but they have limited power to stop him. The U.S ...
President-elect Donald Trump recently announced a plan to impose 25% tariffs on imports from Canada and Mexico and an additional 10% on Chinese goods as leverage to stem illegal immigration and ...
During his first term, Trump invoked laws from that period to enact tariffs. Steel and aluminum tariffs drew upon national security powers afforded by a measure signed into law more than 50 years ...
Trump has proposed imposing tariffs up to 20% on all goods imported from other countries, a 60% tariff on goods imported from China, and even a 100% tariff on goods imported from Mexico.
The non-partisan Tax Foundation estimated Trump's most extreme tariff proposals - a 20% universal tariff plus a 60% tariff on China's exports to the U.S. would raise about $3.8 trillion over the ...
Where Trump can act on his own (and perhaps quickly) Trump spent much of the campaign promising to enact his tariff ideas "quickly" and a series of moves by Congress stretching back decades could ...
With a trio of executive orders, President Donald Trump has almost instantly thrown the world economy and his own goal of cutting inflation into turmoil. His tariffs against Canada and Mexico in ...
U.S. President Donald Trump speaks during a House Republican members conference meeting in Trump National Doral resort, in Miami, Florida, U.S. January 27, 2025.