Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
- President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post Monday on his social media platform Truth Social.
- The post immediately followed one in which Trump said his first of “many” executive orders on Jan. 20 would impose tariffs of 25% on all products from Mexico and Canada.
- Trump had threatened tariffs of 60% on Chinese goods while campaigning for president.
https://truthsocial.com/@realDonaldTrump/posts/113546215408213585
I’ve been saying for months that sucking up to Trump is Canada’s best move. Even a ten percent tariff would destroy the country’s economy, and Trump knows it. It wouldn’t surprise me if our idiot PM thought that acting tough will gain him some admiration from Canadians. The guy is a mental case.
One might say he’s a Returd
Loonie down 1% atm
Ha here we Go
They’ll make a deal. The real leaders of the country, the bureaucrats, will sideline Castreau if he insists upon puffing up his chest. Our betters have been negotiating with each other for two hundred years. Unfortunately, Canada has become such nation of pussies that we are at an historic low point in terms of leverage.