When President Trump did not follow through with his promise to immediately impose new tariffs on his first day in officeps88, business executives and others who support international trade breathed a sigh of relief.
That relief was short-lived. On Monday night, just hours after his inauguration speech, Mr. Trump said he planned to put a 25 percent tariff on products from Canada and Mexico beginning on Feb. 1, claiming that the countries were allowing “mass numbers of people and fentanyl” to come to the United States.
On Tuesday evening, Mr. Trump said he would also put an additional 10 percent tariff on Chinese products by the same date, accusing China of sending fentanyl to Mexico and Canada, which was then crossing into the United States.
Mr. Trump’s threats leave just 10 days before significant levies could go into effect on the United States’ three largest trading partners, a move that could throw American diplomatic relationships and global supply chains into disarray.
Mexico, China and Canada account for more than a third of the goods and services that are imported to or bought from the United States, supporting tens of millions of American jobs. Together,og777 app the countries purchased more than $1 trillion of U.S. exports and provided nearly $1.5 trillion of goods and services to the United States in 2023, the last year government data is available.
Speaking in the battleground state of Pennsylvania, where Vice President Kamala Harris has a slight edge in recent polls, Mr. Trump bristled at the notion that his struggles with women voters could cost him the election and suggested that his tough talk about immigration and economic proposals would resonate with them.
Such a scenario would represent a notable degree of ticket-splitting, perpetuating a trend captured by surveys throughout this election cycle. Democratic Senate candidates in a number of swing states, including Arizona and Nevada, have consistently polled ahead of the top of the ticket, especially when President Biden was the party’s standard-bearer. As Ms. Harris’s nomination has made the election more competitive, the gap between her and those down-ballot Democrats has narrowed — but the trend persists in most races in swing states.
hot vegas slotsWhile tariffs have long been used by the United States as punishment for unfair trading practices, Mr. Trump’s first use of them is aimed at an entirely different outcome: tightening American borders against immigrants and illegal drugs.
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