Keyword: tariffs
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To Canada and Mexico regarding the tariffs: resistance is futile. The leaders of Canada and Mexico are indignant because Trump slammed 25 percent tariffs onto their exports. In this dispute, most of the world will side with Canada and Mexico, and Trump will be viewed as mean, erratic and even racist. It is likely that Democrats will also blast Trump, but that will be a mistake -- for Democrats. For years, the nation has talked about massive numbers of fentanyl deaths, yet there has been little or no relief. Trump is taking the only action that is likely to alleviate...
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Mexican President Claudia Sheinbaum immediately responded to President Donald Trump’s implementation of tariffs on Monday by vowing to post 10,000 troops along its shared northern border with the United States. In return, Trump agreed to delay tariffs for a month while he finalizes an agreement on security and trade with Sheinbaum. The agreement came after the two leaders spoke earlier about Trump’s 25 percent tariffs on goods from Mexico. “We put tariffs on, they owe us a lot of money, and I’m sure they’re going to pay,” Trump told reporters of Mexico Sunday night. After Monday’s conversation, Sheinbaum posted on...
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The American Gas Association says it is working with President Donald Trump's administration to "mitigate" potential rising costs as part of Trump's new tariffs on Canada and Mexico. The AGA noted in a statement that roughly 9% of U.S. natural gas supplies are sourced from Canada. AGA President and CEO Karen Harbert affirmed her intent to work with the Trump administration in another public statement. "Energy security is national security, and our highly integrated North American natural gas delivery system is critical to ensuring our nation’s safety and fueling our homes and vital industries. AGA is dedicated to continuing to...
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In the first two weeks of his second term, President Donald Trump is acting quickly and following through on his campaign promises. Repeatedly, he has promised to authorize tariffs against Canada and Mexico for their inadequate level of cooperation in stopping the flow of drugs and illegal immigrants into our country. On Saturday, Trump followed through on his promise by signing an executive order which levels 25% tariffs on goods from Canada and Mexico.
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LONDON (AP) — British Prime Minister Keir Starmer said Sunday that he would seek a strong trade relationship with the U.S. after President Donald Trump suggested he would slap Europe with tariffs after he hit America’s biggest trading partners — Canada, Mexico and China — with import taxes. Starmer spoke to reporters while hosting German Chancellor Olaf Scholz at his country estate on the eve of a mission to improve relations with the European Union. “In the discussions that I have had with President Trump, that is what we have centered on, a strong trading relationship,” he said. “So it...
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Canadian hockey fans of the Ottawa Senators booed The Star-Spangled Banner at the NHL game against Minnesota Wild on Saturday night, hours after Donald Trump hit Canada with tariffs. Boos and jeers were heard throughout the rendition that was performed by the Ottawa-based singer Mandia at a sold out arena with nearly 20,000 spectators. It comes after President Trump ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday. Trump declared that they would remain in place until a national emergency over the drug fentanyl and illegal immigration to the U.S. ends. The...
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On Saturday, President Donald Trump slammed some serious tariffs on Canada, Mexico, and China. Then, the Trump administration sent out a memo for immediate release on Sunday, with more details on the administration's acts and intents: TARIFFS STRENGTHEN THE AMERICAN ECONOMY, RAISE WAGES, AND CREATE JOBS: According to a 2024 analysis of tariffs done by McKinsey & Company, “tariffs on imported goods could reduce competition for US producers, increase demand for US-made goods, and create jobs.”A 2024 study on the effects of President Trump’s tariffs in his first administration found that they “strengthened the U.S. economy,” and “led to significant...
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Venezuelan President Nicolás Maduro blinked first when Donald Trump threatened punishment if the South American country didn’t release American hostages and accept the repatriation of its citizens who are in the U.S. illegally. After sputtering and threatening, Maduro nonetheless agreed on the repatriation demands and released six American prisoners to Special Envoy Ric Grenell on Friday.Panamanian President José Raúl Mulino also talked smack about Trump's threat to take back the Canal if the Central American country didn't do something about the increased Chinese influence there. On Sunday, Mulino—after a meeting with Secretary of State Marco Rubio—decided not to renew its...
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On Saturday, President Trump hit Canada and Mexico with a hefty 25% tariff on all goods, and, predictably, both countries fired back with their own retaliatory measures. Sure, they felt the need to put on a show of defiance, but let’s be honest—this won’t end well for them. I’ve noticed social media is flooded with outrage, particularly from Canadians whining about the tariffs and taking shots at Trump and the U.S. However, they fail to see the wider picture. There’s a far simpler path for Canada to end the tariff war, and the answer is right there in Trump’s own...
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President Trump spoke to reporters on Sunday night upon returning to Washington, DC, from his Mar a Lago resort in West Palm Beach, Florida. The president addressed a wide range of issues from the busy news weekend and took questions from reporters. As The Gateway Pundit reported, President Trump imposed his long-awaited 25% tariffs on Mexico and Canada and 10% tariffs on China on Saturday. This was met with pushback from Canadian Prime Minister Justin Trudeau, who announced he would impose his own tariffs on the United States, which many in Canada think is a big mistake. In the fallout...
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Canada’s dollar and Mexico’s peso took a hit Saturday, with Canada’s dollar sliding to its lowest level since 2003, one day after President Trump imposed tariffs on the two nations. The Canadian dollar dropped 1.4% to roughly C$1.47 against one U.S. dollar. BREAKING: Canadian dollar plummets to the lowest level against U.S. dollar since 2003: pic.twitter.com/3DSc30FlKu — End Wokeness (@EndWokeness) February 2, 2025 The Mexican peso also fell more than 2% to 21.15 against one dollar U.S., Financial Times reports. Chief economist at Mexico’s Banco Base, Gabriela Siller, says, “If the tariff stays on for several months, the [peso’s] exchange...
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Last month, during the thick of the holidays, I found myself in a rare though not totally unprecedented predicament: I wasn’t sure which way to bet on the stock market in the year ahead. In my December column, I told you there were three possible 2025 outcomes – all of them seemingly likely, and to a vexingly similar degree. I also told you that I’d come back to you when I could conclude which is, in fact, the most likely. Well, I’m back – and with an answer that has surprised me in more ways than one. Recall the three...
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Stock futures tumbled Sunday night to kick off a new trading month, as investors weighed new U.S. tariffs on goods from key trade partners and their potential impact on the economy and corporate profits. Futures tied to the Dow Jones Industrial Average slid 463 points, or 1%. S&P 500 futures dropped 1.6%, while Nasdaq-100 futures lost 2.1%. President Donald Trump on Saturday slapped a 25% tariff on goods from Mexico and Canada. He also placed a 10% levy on imports from China. The U.S. does about $1.6 trillion in business with the three countries. Canada responded with retaliatory tariffs of...
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Vice President JD Vance was on “Sunday Morning Futures” with host Maria Bartiromo to discuss the recent aviation crash in DC, President Trump’s tariffs and foreign policy initiatives. “There is a very direct connection between the policies of the last administration and short-staffed air traffic controllers. That has to stop,” Vance said. “The President made very clear that he wasn’t blaming anybody, but he was being very explicit about the fact that DEI policies have led our air traffic controllers to be short-staffed. That is a scandal, thankfully it’s a scandal the President has stopped,” Vance continued. “We are talking...
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On Sunday's edition of The Weekend on MSNBC, weeknight host Chris Hayes questioned Trump's machismo for imposing higher tariffs on Canada and Mexico than on China. He's tougher on allies than on adversaries, because that's easier, less risky. He even claimed Trump has been "extremely generous to adversaries" like Russia and China. HAYES: He likes the conflict, he likes to project strength, but he's sort of a coward fundamentally. And the stakes of actual conflict and fights with adversaries is much higher. And so this is a way of kind of, a little bit of bullying, and cake and eat...
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Sen. Amy Klobuchar (D-Minn.) criticized President Trump’s decision to impose 25 percent tariffs on Mexican and Canadian goods and a 10 percent tariff on Chinese exports. In an interview on MSNBC’s “Inside with Jen Psaki,” Klobuchar said Americans are likely to see prices continue to rise with Trump’s tariffs imposed on goods. “This is just the latest example, as you’ve detailed every day, chaos up, corruption up, and, sadly, prices of eggs up. And we’re going to see more of this if he follows through on this 25 percent tariff on Canada, Mexico, 10 percent on China,” Klobuchar told Psaki.
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After months of uncertainty, the White House has finally announced tariffs on Mexico, Canada, and China. The uncertainty since the election and especially the lack of clear communication in the past several days have caused apprehension in the stock market, which is likely part of the reason why these measures were announced on a Saturday, when the markets are closed — always a sign of confidence that an economic policy decision is the right one. The stated purpose is to reduce the flow of illegal drugs and immigrants to the U.S. Trump has had success using blunt-force threats in the...
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Benny Johnson @bennyjohnson Immediately following Trump's tariff announcement, the value of both the Canadian dollar and the Mexican peso are in freefall. Don’t mess with the United States of America. 3:55 PM · Feb 2, 2025
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It’s finally happened. On Saturday, U.S. President Donald Trump announced that he will be imposing a 10 per cent tariff on Canadian energy products and 25 per cent tariffs on everything else, starting Tuesday. We have no idea what kind of negotiations took place between the Liberals and Trump. All we know is that Canada is now facing the greatest economic threat it has faced in decades.
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British Prime Minister Keir Starmer said Sunday that he would seek a strong trade relationship with the U.S. after President Donald Trump suggested he would slap Europe with tariffs after he hit America's biggest trading partners — Canada, Mexico and China — with import taxes. Starmer spoke to reporters while hosting German Chancellor Olaf Scholz at his country estate on the eve of a mission to improve relations with the European Union. “In the discussions that I have had with President Trump, that is what we have centered on, a strong trading relationship," he said. “So it is very early...
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