- cross-posted to:
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- cross-posted to:
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- [email protected]
Summary
Trump announced 25% tariffs on Mexico and Canada will begin March 4, claiming continued drug trafficking concerns despite earlier border enforcement pledges.
On the same date, China will face an additional 10% tariff, bringing total Chinese import tariffs to 20%.
This announcement contradicted earlier statements by White House Economic Director Kevin Hassett, who suggested all tariff decisions would come after an April 1 study.
Trump’s broader tariff agenda includes global 25% steel and aluminum tariffs starting March 12 and reciprocal tariffs on nations with duties on US imports.
Run up some credit cards and don’t look back!
I’m not convinced that’s good advice