Trump's tariffs spark fears as USAID staffers are locked out after Elon Musk announces the agency's shutdown with Trump's approval. Follow Newsweek's live blog.
President Donald Trump's sweeping new tariffs on Mexico, Canada and China are already causing ripples, with concerns mounting over economic fallout. Meanwhile, on Monday, staffers at the U.S. Agency for International Development were told to stay out of their Washington headquarters after Elon Musk announced Trump had agreed to shut down the agency. What to Know: Trump signed tariffs imposing a 25% duty on goods from Mexico and Canada and 10% on Chinese imports.
ET, have drawn sharp criticism from economists, lawmakers, and some of Trump's own allies. Musk, leading a controversial civilian review of the federal government, claimed early Monday that USAID was 'beyond repair' and should be eliminated. Over 600 USAID employees reported being locked out of their systems overnight, with those still in the network receiving emails saying the agency's headquarters would be closed.
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