President Donald Trump says he will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective Saturday.
A 16-year-old student at Seguin High School was arrested after allegedly appearing in a photo holding a firearm in the school’s restroom, according to the Seguin Police Department.Seguin High School student arrested after photo shows him holding gun at school, police sayRead full article: 2 Kyle men arrested for asking to kidnap students as a ‘social media prank’
Trump had said he was weighing issuing an exemption for Canadian and Mexican oil imports. He said Friday that he was considering a lower tariff rate on oil, but it was unclear if that lower rate would be in place when he signs the order Saturday. The president also said more tariffs were coming, though he offered few specifics. “We’re going to put tariffs on chips, we’re going to put tariffs on oil and gas. That’ll happen fairly soon, I think around the 17th of February,” Trump said, also promising tariffs on copper and the European Union.
Both Canada and Mexico have said they’ve prepared the option of retaliatory tariffs to be used if necessary, which in turn could trigger a wider trade conflict that economic analyses say could hurt growth and further accelerate inflation. Mexican President Claudia Sheinbaum said Friday that Mexico has maintained a dialogue with Trump’s team since before he returned to the White House, but she emphasized that Mexico has a “Plan A, Plan B, Plan C for what the United States government decides."
Washington News Business Karoline Leavitt
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Threatens Tariffs on Canada, Mexico, and Plans to Rename Gulf of MexicoPresident-elect Donald Trump announced plans for 'very serious tariffs' against Canada and Mexico, citing illegal immigration and drug trafficking. He also declared his intention to rename the Gulf of Mexico to the 'Gulf of America'.
Read more »
Trump Threatens Tariffs on Mexico and Canada, Eyes TikTok Penalties on ChinaPresident Donald Trump announced plans to impose tariffs on Mexico and Canada as early as February, citing concerns over immigration. He also hinted at using tariffs against China to pressure them into approving a U.S. partner for TikTok. Trump aims to use tariffs to protect American workers, encourage countries to curb fentanyl trafficking, and generate revenue for the U.S. federal government.
Read more »
Trump Threatens Tariffs on China, Mexico, and CanadaPresident Donald Trump commences his presidency with a flurry of executive orders and trade threats, targeting key economic partners like China, Mexico, and Canada. Trump's 'American First' agenda aims to protect US interests by imposing tariffs on goods from these nations.
Read more »
What Trump’s Colombia tariff flap means for China, Canada, and Mexico as deadline loomsPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
Trump May Impose Tariffs on Mexico, Canada, and China as Soon as February 1President Trump's threats of steep new tariffs against major trading partners seem poised to become reality. Economists warn of potential economic fallout.
Read more »
Trump Threatens Tariffs on Canada, Mexico, and ChinaPresident Trump threatened tariffs on Canada, Mexico, and China over various trade issues and the flow of fentanyl into the U.S. He claimed that these countries have treated the U.S. unfairly on trade and that he would impose tariffs if they did not change their policies.
Read more »