Donald Trump announces 5% tariff on Mexican imports in bid to curb illegal immigration; move could compromise major USMCA trade deal
5 years, 7 months ago

Donald Trump announces 5% tariff on Mexican imports in bid to curb illegal immigration; move could compromise major USMCA trade deal

Firstpost  

In a surprise announcement that could compromise a major trade deal, President Donald Trump announced on Thursday that he is slapping a 5 percent tariff on all Mexican imports, effective 10 June Washington: In a surprise announcement that could compromise a major trade deal, President Donald Trump announced on Thursday that he is slapping a 5 percent tariff on all Mexican imports, effective 10 June, to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the US border. He said the percentage will gradually increase — up to 25 percent — “until the Illegal Immigration problem is remedied.” Trump made the announcement by tweet after telling reporters earlier Thursday that he was planning “a major statement” that would be his “biggest” so far on the border. The Tariff will gradually increase until the Illegal Immigration problem is remedied,” he wrote, “at which time the Tariffs will be removed.” Trump has accused the Mexican government of failing to do enough to halt the flow of Central American migrants who have been flowing to the US in search of asylum from countries including El Salvador, Honduras and Guatemala. “If the illegal migration crisis is alleviated through effective actions taken by Mexico, to be determined in our sole discretion and judgment, the Tariffs will be removed,” the White House said in a statement.

Trump Illegal Immigration Mexico White Donald Trump House Tariffs Migrants Mexican Illegal Tariff North American Central America Mexican Imports Usmca Trade  illegal  major  imports  white  migrants  usmca  trade  mexican  immigration  mexico  donald  tariffs  tariff  house  trump

History of this topic

‘All hell will break out’: 3 foreign policy takeaways from Trump
3 days, 2 hours ago

‘All hell will break out’: 3 foreign policy takeaways from Trump

LA Times  

Although President-elect Donald Trump will not take office for almost two weeks, he is already making his “America First” mantra a priority — and it may include other parts of the globe. Trump proposed renaming the Gulf of Mexico and would not rule out using military force in Panama in a meandering news conference that touched on several fiery foreign …

'Fancy footwork': China has reportedly figured out how to beat Trump's tariff threat
1 week, 2 days ago

'Fancy footwork': China has reportedly figured out how to beat Trump's tariff threat

Raw Story  

China may be able to sidestep Donald Trump's tariffs just as easily as the last time he slapped them on the trade rival. The once and future president imposed tariffs on Chinese bicycles in 2018, but manufacturers just moved their final assembly operations to facilities in Cambodia, India, Malaysia, Taiwan and Vietnam — using parts mostly made in China — …

Opinion: How Mexico can strike back if Trump follows through on his threats
1 week, 3 days ago

Opinion: How Mexico can strike back if Trump follows through on his threats

LA Times  

President-elect Donald Trump has made clear his intent to supercharge his “ America First ” approach to foreign policy in his second term — and Mexico looks set to be at the tip of the spear. Trump’s proposed policies threaten Mexico in three key ways: First, his goal of deporting millions of migrants would put tremendous pressure on Mexico’s economy …

Trump tariff threats trigger supply chain ‘freak out’
1 week, 6 days ago

Trump tariff threats trigger supply chain ‘freak out’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump’s continuing threats of massive tariffs are sparking …

Trump adds Europe to the list of U.S. trade partners he’s threatening with tariffs
3 weeks ago

Trump adds Europe to the list of U.S. trade partners he’s threatening with tariffs

LA Times  

President-elect Donald Trump is threatening the European Union’s 27 countries with tariffs — unless the EU takes steps to import more U.S. goods. President-elect Donald Trump on Friday added the 27 countries that make up the European Union to the list of trade partners he’s threatening with tariffs — unless the group takes steps to import more U.S. goods. We’re …

Americans rush to buy cars, appliances before Trump's new tariffs
3 weeks ago

Americans rush to buy cars, appliances before Trump's new tariffs

China Daily  

NEW YORK -- Americans are scrambling to stock up on cars, appliances and other big-ticket imports in anticipation of new tariffs from the Donald Trump administration, a spending spree that could reignite the very inflation buyers are hoping to avoid, reported The Washington Post on Thursday. "President-elect Trump has vowed to enact widespread tariffs as soon as he takes office …

Americans rush to buy cars, appliances before Trump's new tariffs
3 weeks ago

Americans rush to buy cars, appliances before Trump's new tariffs

China Daily  

Americans are scrambling to stock up on cars, appliances and other big-ticket imports in anticipation of new tariffs from the Donald Trump administration, a spending spree that could reignite the very inflation buyers are hoping to avoid, reported The Washington Post on Thursday. "President-elect Trump has vowed to enact widespread tariffs as soon as he takes office in January, a …

What Trump’s pledge to redo his own trade agreement with Canada and Mexico could mean
3 weeks, 5 days ago

What Trump’s pledge to redo his own trade agreement with Canada and Mexico could mean

CNN  

Washington CNN — President-elect Donald Trump’s frequent calls for new tariffs on foreign goods may have overshadowed another massive trade-related pledge he made about a month before the November election: renegotiate the US-Mexico-Canada Agreement. Known as the USMCA, the trade deal was negotiated by the first Trump administration and replaced the quarter-century-old North American Free Trade Agreement, or NAFTA, in …

Mexico cracks down on drugs and migrants. Will it be enough to stop Trump tariffs?
4 weeks, 1 day ago

Mexico cracks down on drugs and migrants. Will it be enough to stop Trump tariffs?

LA Times  

In recent days, Mexican President Claudia Sheinbaum has touted her country’s largest-ever seizure of fentanyl and highlighted multiple crackdowns on migrants headed toward the United States. An elated Trump reported after the call on social media that Sheinbaum had “agreed to stop Migration through Mexico” and had committed to “effectively closing our Southern Border.” Sheinbaum disputed that, saying that Mexico’s …

Trump’s proposed tariffs on China, Mexico, and Canada could benefit India - Report
4 weeks, 2 days ago

Trump’s proposed tariffs on China, Mexico, and Canada could benefit India - Report

Live Mint  

New Delhi, December 10 : India has a significant opportunity to capitalize on export prospects resulting from expected trade disruptions by upcoming US President Donald Trump's tariff policies, says a report by Shriram Mutual Fund. The report outlined how Trump's proposed tariffs on top US import partners--China, Mexico, and Canada--could lead to trade diversion, benefiting countries like India. It said, …

Trump is threatening to raise tariffs again. Here’s how China plans to fight back
1 month ago

Trump is threatening to raise tariffs again. Here’s how China plans to fight back

LA Times  

President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago. Trump kicked off a trade war in 2018 by imposing 25% tariffs on imports from China — including industrial machinery, cars, auto parts and television cameras. Last week, the U.S. expanded …

The case for Donald Trump’s tariffs
1 month ago

The case for Donald Trump’s tariffs

CNN  

New York CNN — President-elect Donald Trump views tariffs as a not-so-secret weapon — one that can be deployed to pressure friends and foes alike to address issues from drug trafficking and illegal immigration to threats to the dominance of the US dollar. Trump once dubbed himself “Tariff Man” and recently celebrated these import taxes as “the greatest thing ever …

After Threatening Hefty Tariffs, Trump Says Canada And Mexico Should Become A US State
Trending News
1 month ago

After Threatening Hefty Tariffs, Trump Says Canada And Mexico Should Become A US State

ABP News  

Observing the US is subsidising its two neighbours Canada and Mexico to the tune of USD 100 billion and USD 300 billion, respectively, incoming US President Donald Trump on Sunday said that if that is the case then these two countries better be a part of America. Trump, 78, has threatened to impose hefty tariffs on both Canada and Mexico …

Trump tariffs to harm growth: Experts
Trending News
1 month ago

Trump tariffs to harm growth: Experts

China Daily  

The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global impact of Trump's return …

Trump tariffs to harm growth: Experts
Top News
1 month ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Trump tariffs to harm growth: Experts
Top News
1 month ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

The enormous consequences Trump's tariffs could have : Consider This from NPR
1 month ago

The enormous consequences Trump's tariffs could have : Consider This from NPR

NPR  

The enormous consequences Trump's tariffs could have Enlarge this image toggle caption Geoff Robins/AFP via Getty Images Geoff Robins/AFP via Getty Images You never know if president-elect Donald Trump is bluffing, but when you have billions of dollars on the line, you have to take him seriously. So car companies took notice, when Trump announced a plan for huge new …

Trump's tariffs signal 'shift to unilateralism'
1 month ago

Trump's tariffs signal 'shift to unilateralism'

China Daily  

FILE PHOTO: President-elect Donald Trump attends a campaign event, in Allentown, Pennsylvania, US, Oct 29, 2024. Since more migrants and drugs enter the US from Mexico than from Canada, "it will be harder for Mexico to meet Trump's conditions to take his tariffs off", Kirton said. "It's a bigger, broader shift to US unilateralism and isolationism than Trump unleashed in …

Mexico president will ask Trump to deport non-Mexican migrants directly to their home countries
1 month ago

Mexico president will ask Trump to deport non-Mexican migrants directly to their home countries

Associated Press  

MEXICO CITY — Mexico’s president said Thursday she will ask President-elect Donald Trump to deport non-Mexican migrants directly to their home countries, rather than dumping them at the Mexican border. President Claudia Sheinbaum said she hopes to reach an agreement with Trump so that “they send people who come from other countries to their countries of origin.” Mexico, like any …

Mexico seeks Trump agreement to avoid receiving non-Mexican deportees
1 month ago

Mexico seeks Trump agreement to avoid receiving non-Mexican deportees

Hindustan Times  

By Kylie Madry and Ted Hesson Mexico seeks Trump agreement to avoid receiving non-Mexican deportees MEXICO CITY -Mexico is seeking an agreement with U.S. President-elect Donald Trump to ensure Mexico does not receive deportees from third countries in case of large-scale deportations from the United States, President Claudia Sheinbaum said on Thursday. Mexico has played a key role in implementing …

Mexico wants a deal with Trump to avoid receiving non-Mexican deportees
1 month ago

Mexico wants a deal with Trump to avoid receiving non-Mexican deportees

CNN  

CNN — Mexico hopes to strike a deal with President-elect Donald Trump to limit the number of third-country deportees it could receive from the US, Mexican President Claudia Sheinbaum said on Thursday. “We hope to have an agreement with the Trump administration,” Sheinbaum said Thursday during her daily press conference adding that Mexico is “in solidarity with everyone, but main …

Newsom dubs Trump’s proposed tariffs a ‘betrayal’ of American consumers
1 month ago

Newsom dubs Trump’s proposed tariffs a ‘betrayal’ of American consumers

Politico  

The California Democrat also needled Trump over the proposal given that it may violate an agreement he helped craft. “Did he do something wrong with that agreement, that now he wants to throw it out completely and impose 25 percent tax increase on the American people?” Newsom’s verbal missive focused heavily on pocketbook issues surrounding immigration, providing an early indication …

Mexico’s president will ask Trump to deport non-Mexican migrants directly to their home countries
1 month ago

Mexico’s president will ask Trump to deport non-Mexican migrants directly to their home countries

LA Times  

Mexico’s president said Thursday that she will ask President-elect Donald Trump to deport non-Mexican migrants directly to their home countries, rather than dumping them at the Mexican border. President Claudia Sheinbaum said she hopes to reach an agreement with Trump so that “they send people who come from other countries to their countries of origin.” Mexico, like any other country, …

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?
Trending News
1 month ago

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?

CNN  

New York CNN — President-elect Donald Trump appears keen on launching a simultaneous trade war with America’s three biggest trade partners: Mexico, China and Canada. In Trump’s ideal world, these higher tariffs would directly boost domestic manufacturing, since US businesses would be able to avoid tariffs entirely. Cars With Mexico the top source of US motor vehicle imports, European nations …

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?
Trending News
1 month ago

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?

CNN  

New York CNN — President-elect Donald Trump appears keen on launching a simultaneous trade war with America’s three biggest trade partners: Mexico, China and Canada. In Trump’s ideal world, these higher tariffs would directly boost domestic manufacturing, since US businesses would be able to avoid tariffs entirely. Cars With Mexico the top source of US motor vehicle imports, European nations …

Can Donald Trump enact tariffs without Congress? And can anyone stop him?
1 month, 1 week ago

Can Donald Trump enact tariffs without Congress? And can anyone stop him?

Al Jazeera  

Raising tariffs on US goods may hurt the economy, but can Trump push them through anyway? “While some argue that it would be a stretch for Trump to claim that all imports are a threat to US national security under Section 232, the courts have routinely deferred to presidents on foreign affairs and trade policy, and legal challenges to the …

Opinion: Trump promised to raise taxes, but Biden and Congress could tie his hands
1 month, 1 week ago

Opinion: Trump promised to raise taxes, but Biden and Congress could tie his hands

LA Times  

Coal is loaded onto a barge near the U.S. Steel Corp. facility in Clairton, Pa. During President-elect Donald Trump’s first term, he enacted tariffs on steel from most countries, which he claimed served national security. Although these tariffs would have significant implications for the federal budget and household finances, there is little to stop Trump from unilaterally enacting these taxes …

Letters to the Editor: The vicious cycle that could come from Trump’s proposed tariffs
1 month, 1 week ago

Letters to the Editor: The vicious cycle that could come from Trump’s proposed tariffs

LA Times  

A worker selects avocados at a packing plant in Uruapan, Mexico, in 2022. If Trump’s proposed tariffs are imposed, the cost to American consumers for these and other imports will increase. To the editor: President-elect Donald Trump’s proposed tariffs on products imported from Mexico will seriously disrupt the Mexican economy, which could result in layoffs and higher unemployment there. That …

'Easily bamboozled' Trump could get owned by Mexico in trade war: Paul Krugman
1 month, 1 week ago

'Easily bamboozled' Trump could get owned by Mexico in trade war: Paul Krugman

Raw Story  

Nobel Prize-winning economist and New York Times columnist Paul Krugman is seeing signs that President-elect Donald Trump may have already bitten off more than he can chew when it comes to his threats to launch trade wars with Mexico and Canada. Writing on BlueSky, Krugman makes the case that Mexican President Claudia Sheinbaum appears to be ready to call Trump's …

King’s gambit: What Trump’s threats of big tariffs on imports from China, Canada and Mexico tell us
1 month, 1 week ago

King’s gambit: What Trump’s threats of big tariffs on imports from China, Canada and Mexico tell us

Firstpost  

Trump has little respect for America’s vaunted exceptionalism and does not get the tenets of strategic altruism. Trump’s threat of piling tariff on Canada, Mexico and China – America’s three largest trade partners – and his promise of enacting the executive order on Day 1 of his return to office has sparked a tsunami of reactions. In each case, however, …

Mexico’s president says she is confident that a tariff war with the U.S. can be averted
Trending News
1 month, 1 week ago

Mexico’s president says she is confident that a tariff war with the U.S. can be averted

LA Times  

President Claudia Sheinbaum addresses supporters in the Zócalo, Mexico City’s main square, after her inauguration last month. Mexican President Claudia Sheinbaum says she is confident that a tariff war with the United States can be averted. President Biden on Thursday said he hoped Trump would rethink his plan to impose tariffs on Mexico and Canada, saying it could “screw up” …

Mexican president says she is confident that a tariff war with the US can be averted
Trending News
1 month, 1 week ago

Mexican president says she is confident that a tariff war with the US can be averted

Associated Press  

MEXICO CITY — Mexican President Claudia Sheinbaum said Thursday she is confident that a tariff war with the United States can be averted. U.S. President Joe Biden on Thursday said he hoped Trump would rethink his plan to impose tariffs on Mexico and Canada, saying it could “screw up” relationships with close allies. Trump had earlier threatened to impose 25% …

Wall Street’s response to more tariffs: Been there, done that
1 month, 1 week ago

Wall Street’s response to more tariffs: Been there, done that

Live Mint  

Wall Street isn’t thrilled about the return of Donald Trump’s tariff threats. His newly proposed 25% tariffs on imports from Canada and Mexico—the U.S.’s two largest trading partners—would add 0.8 percentage point to a key inflation gauge next year if just half of the costs are passed on to consumers, according to a Deutsche Bank analysis. The two countries, along …

Trump & Mexican president offer conflicting narratives over their talks on immigration as tariff war looms
1 month, 1 week ago

Trump & Mexican president offer conflicting narratives over their talks on immigration as tariff war looms

Firstpost  

President-elect Donald Trump and Mexican President Claudia Sheinbaum narrated different accounts of how their talks on immigration went down. While Trump called the talks a ‘win for US,’ Sheinbaum made it clear that Mexico won’t close its border to its northern neighbour US President-elect Donald Trump and Mexico’s President Claudia Sheinbaum offered conflicting accounts over how their conversation about the …

Trump's ‘stop migration’ agreement with Mexican president to effectively close Southern border and hamper drug inflow
Trending News
1 month, 1 week ago

Trump's ‘stop migration’ agreement with Mexican president to effectively close Southern border and hamper drug inflow

Hindustan Times  

Two days after President-elect Donald Trump threatened to impose sweeping new tariffs on Canada and Mexico as part of his effort to crack down on illegal immigration and drugs, he said he spoke with the Mexican president and she “agreed to stop Migration through Mexico." US President-elect Donald Trump said November 27, 2024 that Mexico's leader, Claudia Sheinbaum, had agreed …

Trump claims a win on immigration after a call with Mexico’s president. But she suggests no change
Trending News
1 month, 1 week ago

Trump claims a win on immigration after a call with Mexico’s president. But she suggests no change

Associated Press  

WEST PALM BEACH, Fla. — President-elect Donald Trump declared a win on stopping illegal immigration through Mexico on Wednesday after talking with that country’s leader. Trump said Sheinbaum “agreed to stop Migration through Mexico.” Sheinbaum indicated separately on social media that she told Trump that Mexico is already “taking care of” migrant caravans, calling it an “excellent conversation.” “We reiterate …

Trump claims a win on immigration after a call with Mexico’s president. But she suggests no change
1 month, 1 week ago

Trump claims a win on immigration after a call with Mexico’s president. But she suggests no change

LA Times  

President-elect Donald Trump, seen earlier this month in Washington, spoke with Mexican President Claudia Sheinbaum on Wednesday. Trump said Sheinbaum “agreed to stop Migration through Mexico.” Sheinbaum indicated separately on social media that she told Trump that Mexico is already “taking care of” migrant caravans, calling it an “excellent conversation.” “We reiterate that Mexico’s position is not to close borders …

Hefty tariffs will harm all, US trade partners warn
1 month, 1 week ago

Hefty tariffs will harm all, US trade partners warn

China Daily  

MEXICO CITY/DETROIT — Officials from Mexico, Canada and China, and major industry groups, referring to US President-elect Donald Trump's threat to impose hefty tariffs on goods, warned that it would harm the economies of all involved, cause inflation to spike and damage job markets. "Such tariffs will, in the end, boomerang on the US in the form of higher inflation …

Webjet taken to court by ACCC, ASX hits new record close, Star suffers 'first strike' at AGM — as it happened
1 month, 1 week ago

Webjet taken to court by ACCC, ASX hits new record close, Star suffers 'first strike' at AGM — as it happened

ABC  

Earlier this week, US President-elect Donald Trump said he would impose 25% tariffs on goods imported from Canada and Mexico. According to Reuters news agency: Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 US jobs and drive …

Under tariff threat, US wholesaler warns: ’People will pay’
1 month, 1 week ago

Under tariff threat, US wholesaler warns: ’People will pay’

Live Mint  

By Jackie Luna LOS ANGELES, - While most of Los Angeles sleeps, 58-year-old Melquiades Flores starts his day at 1 a.m., supervising the unloading of produce at M&M Tomatoes and Chile Company, the wholesaler he started in 2019. "Produce of Mexico" is stamped on almost all the boxes of tomatoes and chilies that arrive at Flores' downtown warehouse, destined for …

Trump's tariff plan may be halted by clause in the Constitution: report
1 month, 1 week ago

Trump's tariff plan may be halted by clause in the Constitution: report

Raw Story  

Donald Trump is pledging to impose hefty taxes on everything entering the U.S. from Mexico, Canada, and China — but a report Wednesday suggested it might not be so straightforward. In 2018, Donald Trump unilaterally ushered in taxes on all steel and aluminum imports by signing an executive order claiming that the charge was required for American national security and, …

When it comes to trade and tariffs, Trump’s bark may be worse than his bite
1 month, 1 week ago

When it comes to trade and tariffs, Trump’s bark may be worse than his bite

The Independent  

According to Donald Trump, “the most beautiful word in the dictionary” is “tariff”. He’s also determined to target the import of Chinese cars from Mexico, threatening “whatever tariffs are required – 100 per cent, 200 per cent, 1,000 per cent”. Previously, as well as attacking Chinese cars from Mexico, Trump has spoken of 60 per cent charges on goods from …

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?
1 month, 1 week ago

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?

Hindustan Times  

Jimmy Kimmel has laid out a potential flaw in president-elect Donald Trump’s plan to impose a 25% tariff on all imports from Canada and Mexico on the day he takes office. Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan However, Kimmel has pointed out that some of Trump's own merchandise was made in these countries. “If you want …

Donald Trump’s tariffs on Mexico could devastate border region, Texas economists warn
Trending News
1 month, 1 week ago

Donald Trump’s tariffs on Mexico could devastate border region, Texas economists warn

Raw Story  

"Donald Trump’s tariffs on Mexico could devastate border region, Texas economists warn" was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, government and statewide issues. President-elect Donald Trump’s intention to levy a 25% tariff on goods imported from Mexico and Canada sent shockwaves across …

'Overlooked' aspect of Trump's tariff threat 'exposes ugly MAGA scam': analysis
1 month, 1 week ago

'Overlooked' aspect of Trump's tariff threat 'exposes ugly MAGA scam': analysis

Raw Story  

President-elect Donald Trump's latest round of tariff threats against Mexico has exposed what the New Republic's Greg Sargent calls an "ugly MAGA scam" in his latest article. In promoting the article on his BlueSky account, Sargent writes that "This is getting overlooked, but the whole premise of Trump's threat of tariffs is based on a lie." "Trump's scam is designed …

What Trump’s new tariff threats mean for the US economy
Trending News
1 month, 2 weeks ago

What Trump’s new tariff threats mean for the US economy

Live Mint  

The stiff duties that President-elect Donald Trump threatened against the U.S.’s neighbors and big trading partners, along with the additional tariffs he promised against China, could raise prices for Americans on everything from fresh fruit from Mexico to lumber from Canada and Chinese electronics. Trump’s promise to impose 25% tariffs on Canada and Mexico and an additional 10% on Chinese …

Mint Quick Edit | Trump’s non-trade tariff idea raises uncertainty
Trending News
1 month, 2 weeks ago

Mint Quick Edit | Trump’s non-trade tariff idea raises uncertainty

Live Mint  

US President-elect Donald Trump is yet to take office, but he has been causing shudders around the world with what policies he might adopt. On Tuesday, Trump put out a post on social media announcing that his administration would impose a 25% tariff on all goods imported from Mexico and Canada and an additional 10% on China as his first …

Trump's tariff war could cost Americans more than $3,200 a year, experts claim
1 month, 2 weeks ago

Trump's tariff war could cost Americans more than $3,200 a year, experts claim

Daily Mail  

American consumers would bear the brunt of Donald Trump's proposed tariffs, new analysis showed on Tuesday night as the world braced for a new era of U.S. protectionist policies. Trump proposed tariffs including the threats made to China, Mexico and Canada on Monday could lead to an increase in costs for every consumer annually, analysis found But even before the …

Mexico warns Trump-proposed tariffs to cost 400,000 US jobs
1 month, 2 weeks ago

Mexico warns Trump-proposed tariffs to cost 400,000 US jobs

Al Jazeera  

Mexico emphasises interconnectedness of economic ties with US – and the mutual threat of tariffs. Mexico’s president and economy minister have given the clearest picture yet of how their government will respond to United States President-elect Donald Trump’s proposed tariffs on the country, which their government has warned will cost 400,000 US jobs. “If there are US tariffs, Mexico would …

Trump tariff vow hit
1 month, 2 weeks ago

Trump tariff vow hit

Live Mint  

By Alden Bentley NEW YORK, - A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the dollar on Tuesday, renewing the specter of trade wars and fanning uncertainty in other currency pairs. But, of course, the peso is vulnerable to falling into those multi-year lows against the U.S. …

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