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President Donald Trump at a news conference in the Roosevelt Room of the White House on Jan. 21, ... Trump proposed new 25% tariffs on Mexico and Canada. ... Update, Jan. 22, 2025: This piece has ...
The tax that Trump says he's looking at now for China is lower than the 60% tariff he threatened to impose on Beijing last year but consistent with the 10% tax he pledged as president-elect.
January 21, 2025 at 9:53 PM On the first full day of his presidency , Donald Trump says he is considering imposing a 10% tariff on imports of Chinese-made goods as soon as February
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 weeks of intense global speculation over which tariffs Trump would impose upon taking office for his second term as U.S. president at noon EST (1700 GMT), news that Trump would take more time on
Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the ...
"President Trump has been very clear what he wants to do with tariffs," said Joseph Lavorgna, a former chief economist at the National Economic Council during Trump 1.0, told Yahoo Finance on Monday.