U.S. President Donald Trump still plans to make good on his promise to issue tariffs on Canada and Mexico on Saturday, White House spokeswoman Karoline Leavitt said on Tuesday. Leavitt told reporters in her first White House press briefing that Trump also is still "very much" considering fresh tariffs on China for Saturday.
President Donald Trump has already forced Colombia to accept deportees by threatening tariffs and is readying the same move against Canada and Mexico as soon as Saturday.
President Donald Trump’s nominee for commerce secretary, billionaire financial-services executive Howard Lutnick, made an effort Wednesday to ease concerns about potentially inflationary 25% tariffs against Canada and Mexico that could hit Saturday.
El candidato del presidente Donald Trump para dirigir el Departamento de Comercio dijo que México y Canadá pueden evitar los nuevos aranceles que vencen este fin de semana si toman medidas drásticas en materia de seguridad fronteriza,
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
Oil edged lower as investors waited for clarity on US trade policy, after Donald Trump’s pick for commerce secretary said Canada and Mexico, the country’s top crude suppliers, may avoid high tariffs.
Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the US on concerns that President Donald Trump soon will reimpose duties.
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.
The 25% import levy could go into place as soon as Feb. 1.
He noted those tariffs were separate from a broad effort by the Commerce Department, the U.S. Trade Representative’s office and the Treasury Department to review trade relations and tariffs by April 1.
Thru the Cycle President John Lonski explains how tariffs against Canada and Mexico will impact the U.S. economy on 'Varney & Co.'