President Donald Trump confirmed Thursday that he’s planning to levy a 25% tariff on imports from Mexico and Canada starting Saturday—with broader import taxes potentially soon following—reflecting his campaign promises to implement high tariffs, against the views of many economists who believe Trump’s plan would burden everyday consumers.
Shortly after last November’s election, Trump threatened China, Mexico, and Canada with 10% and 25% tariffs, respectively.
Mexico and Canada are Wisconsin’s two largest trading partners, supporting a combined $25 billion in cross-border trade in 2023.
The U.S. can learn from the Chinese model. Strategic education, technology and infrastructure alignment will be critical to rebuilding its manufacturing base.
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
Even as he stumped for Donald Trump, Howard Lutnick’s commercial real estate firm was wooing clients across the southern border.
Mexico announced plans to curb imports from China across key industries including automobiles, aerospace technology, and textiles. Peru launched investigations into alleged Chinese
President Donald Trump's threatened tariffs on China, Canada, Mexico and other countries could take effect tomorrow. Goods from China could be subjected to a 10 percent tariff, while those from Mexico and Canada could come under tariffs of 25 percent.
The 25% tax that President Donald Trump plans to slap on imports from Canada and Mexico as soon as Saturday could drive up the price of everything from gasoline and pickup trucks, to Super Bowl party guacamole dip.
Trump has made it a priority to deter migrants from entering the U.S. illegally and many of the aid programs he halted are funded through the State Department's Bureau of Population, Refugees, and Migration, which provides humanitarian assistance to those fleeing persecution, crisis, or violence.