Quotes
We have a deficit with Mexico of $350 billion.”
He said in a Fox News interview in February
We are glad to see an American president take aggressive action on ending the free trade disaster that has dropped like a bomb on the working class,
the union said
This is a day where the United States stopped seeing trade as force for mutual benefit, and began seeing it as a tool of economic warfare,
said Edward Alden, a senior fellow at the Council on Foreign Relations_(cropped).jpg)
A fight with Canada will have no winners,
Mr. Trudeau saidThe political ramifications of it were probably as big or bigger than the economic ones,
he addedThere is going to be significant disruption to regional economies,
he saidWe’re sitting on a lot of a lot of projects that we can’t otherwise do as a result of just the threat of the tariff,
he saidTrump’s trade war will seriously hamper U.S.-Canada relations and severely upend North America’s highly integrated production and supply network, possibly with lasting impacts on both economies,
he saidRight now, the tariffs are putting everybody off balance because of their unpredictability and uncertainty,
said John Gulliver, president of the New England-Canada Business Council
I’ve talked to multiple companies that are saying, ‘We’re not moving forward with any investment. We need this to be settled,
said trade lawyer Gregory Husisian at the law firm Foley & LardnerPast trade agreements simply don’t mean much if the president can unilaterally violate them and impose tariffs with no checks at all,
said Douglas Irwin, an economist at Dartmouth College
It creates an enormous amount of uncertainty for multinational companies that sell products worldwide, that import from the rest of the world, that run these complex supply chains through multiple countries,
said Eswar Prasad, an economist at Cornell UniversityCustomers are pausing on new orders as a result of uncertainty regarding tariffs,
said a transportation equipment companyFor now, we have no plans of adding more shelving or space for new items, we will stick to the footprint we have,
she saidDevelopers of commercial projects like high-rises and hotels budget two years in advance, so they don’t account for new tariffs,
she saidThe tariffs will be devastating for small businesses like ours,
she saidThat construction budget is now under review and may likely be delayed ... as I recalculate costs that have already been budgeted,
he saidWe’re going to be taking in trillions of dollars, and as much as child care is talked about as being expensive, it’s — relatively speaking — not very expensive, compared to the kind of numbers we’ll be taking in.”
In response to a question about how he’d tackle child care costs so more women could join the workforce, Trump brought up his plan to hike taxes on imports and saidI’ve decided for purposes of fairness that I will charge a reciprocal tariff,
Trump said last month as he signed a proclamation laying out his plan for reciprocal tariffsIf you don’t make your product in America, however, under the Trump administration, you will pay a tariff and in some cases a rather large one.”
In comments directed at manufacturers, the president added