Trump Issues New Tariffs Threat Guaranteed to Wreck the Economy
Balazs Barabas
Donald Trump wants to slap tariffs on China, Mexico, and Canada on his first day in office, which would have devastating effects on supply chains and drive up costs on many companies that do business in the United States. The president-elect made the announcement Monday on Truth Social, saying that he would institute a 25 percent tariff on goods from Canada and Mexico until drugs and migrants stopped arriving at the border. “This Tariff will remain in effect until such time as Drugs, in
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