Quotes
Most of the stuff that's coming from China is sort of sourced from China or from elsewhere in Asia. However, with Canada and Mexico, we are going to experience that we are also actually [indirectly] tariffing Americans,
We are getting vehicles from both Canada and Mexico, and then several of our food items in the grocery store are overwhelmingly sourced from Mexico,
A bilateral trade deficit is a terrible metric to focus on, because it's completely natural that bilateral trade deficits exist,
Imposing Duties to Address the Flow of Illicit Drugs Across Our Northern Border.”
Trump signed an Executive Order titled China makes the fentanyl, gives it to Mexico, puts it through Canada, puts it through different places, mostly Mexico, but also a lot through Canada,
Trump claimed while speaking from the Oval Office on Friday Generally, it will make it more costly to import goods,
says Felix Tintelnot, associate professor of economics at Duke University You see these empty, old, beautiful steel mills and factories that are empty and falling down,
Trump declared in October 2024 on the campaign trail We have big deficits with all three of them. And in one case, they’re sending massive amounts of fentanyl, killing hundreds of thousands of people a year with fentanyl. And in the other two cases, they’re making it possible for this poison to get in. We have about a $200 billion deficit with Canada… and a $250 billion trade deficit with Mexico,
Trump said during a press briefing Tariffs vary by sector, with considerations such as protecting sensitive sectors from foreign competition and permitting access to important raw materials and intermediate goods. India has ensured that tariff policies comply with WTO rules and regulations. Over time, several efforts have been made to rationalise tariffs further and address the inverted duty structures,
Inflation would increase by 20 basis points in the US, and after an initial dip, by 30 basis points in China. The initial fall in inflation in China is caused by a temporary tightening of Chinese monetary policy aimed at offsetting the depreciation of the Chinese currency,
We categorically reject the White House's slander of the Government of Mexico alleging alliances with criminal organizations, as well as any intention to interfere in our territory."
In a long post on X, the president added This is a choice that, yes, will harm Canadians, but beyond that, it will have real consequences for you, the American people."
Addressing American citizens directly, Trudeau added Like the American tariffs, our response will also be far-reaching and include everyday items such as American beer, wine and bourbon, fruits and fruit juices, including orange juice, along with vegetables, perfume, clothing and shoes,
Trudeau said in a press conference on Saturday evening China hopes that the U.S. side will objectively and rationally look at and deal with its own fentanyl issue and other issues, rather than threatening other countries by means of tariffs at every turn.”
Beijing pushed back, saying The orders make clear that the flow of contraband drugs like fentanyl to the United States, through illicit distribution networks, has created a national emergency, including a public health crisis,
the White House said in a fact sheet on tariffs The government of Mexico has afforded safe havens for the cartels to engage in the manufacturing and transportation of dangerous narcotics, which collectively have led to the overdose deaths of hundreds of thousands of American victims,
This alliance endangers the national security of the United States, and we must eradicate the influence of these dangerous cartels.”
A recent study recognized Canada’s heightened domestic production of fentanyl and its growing footprint within international narcotics distribution,
President Trump is using the tools at hand and taking decisive action that puts Americans’ safety and our national security first,
The question is, does that include tariffs, since IEEPA has only been used for sanctions,
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