Summary

Donald Trump will impose new tariffs on Saturday, including 25% on imports from Canada and Mexico and 10% on China, citing fentanyl trafficking as the reason.

The White House provided few details but denied reports of exemptions or delays.

The announcement caused the Dow to drop over 300 points, sparking fears of renewed inflation.

Economists warn the tariffs could disrupt trade and economic stability.

The Federal Reserve is closely monitoring the potential impact on inflation and growth.

  • Sunshine (she/her)
    link
    fedilink
    English
    arrow-up
    7
    ·
    7 hours ago

    America is going to quickly realize they need to hold Donald Trump and his cronies accountable if they want to be associated with the world’s most democratic nations.

    We will force them to follow international law whether they like it or not.