In a bold admission, former President Donald Trump has acknowledged that his newly imposed tariffs on Canada, Mexico, and China may lead to significant disruptions.
While Trump has claimed that the tariffs are aimed at addressing issues like fentanyl and illegal immigration, the president admitted that they could cause short-term disruptions, especially in Canada and China.
The 25% tariffs on imports from Canada and Mexico, combined with an additional 10% tariff on Chinese goods, are expected to impact consumers and businesses.
The potential economic ripple effects are raising concerns about price hikes and trade tensions, as both Canada and China prepare for retaliatory actions.
#TrumpTariffs #CanadaTariffs #MexicoTariffs #ChinaTariffs #TrumpTrade #TariffWar #TrumpOnChina #TrumpOnMexico #TrumpOnCanada #TradeTensions #TrumpEconomy #USCanadaTrade #USMexicoTrade #TariffImpact #TrumpAndChina
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Houthis launched a fiery strike on a U.S. destroyer and Israeli target in Yaffa, heightening tensions in the Red Sea. As Trump reportedly coordinates anti-Iran war plans with Netanyahu, Houthi forces continue retaliatory operations. The U.S. military presence now faces direct resistance from Yemeni forces amid growing regional chaos.
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In this live update, President Donald Trump escalates tensions with China by threatening an additional 50% tariff on Chinese imports if the country doesn't stop its long-term trade abuses. With global stock markets already reeling, Trump's aggressive stance on tariffs could have serious repercussions for the global economy. As China vows to "fight to the end," the world braces for what could be a massive trade war. Stay tuned as we track the latest developments, market reactions, and diplomatic fallout.
#TrumpTariff #ChinaTradeWar #50PercentTariff #EconomicWar #TradeAbuses #GlobalMarkets #StockMarketCrash #AmericaFirst #TrumpNews #ChinaVsUS #TariffBattle #EconomicTensions #TrumpEconomy
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In this intense discussion, President Donald Trump warns the Iran-backed Houthis that the situation is about to get worse, signaling an escalation in U.S. military action. Defense Secretary Pete Hegseth passionately defends U.S. airstrikes in Yemen, acknowledging the strength of the Houthi rebels but insisting that the U.S. will not back down. Meanwhile, Trump hints at direct talks with Iran, raising the stakes in the ongoing conflict. Watch as Trump and Hegseth lay out the future of U.S. strategy in the Middle East and the potential for further escalation.
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Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for 2025 to 0.5%. The move comes after a global market meltdown, with China experiencing its biggest crash since 2008 and the EU facing harsh tariffs of 20%. Meanwhile, JPMorgan highlights US trade policies as the biggest risk to the global economic outlook, as retaliation, supply chain disruptions, and business uncertainty intensify. With Wall Street witnessing a $6.6 trillion wipeout in just two days, investor Bill Ackman warns that these policies could lead to an "economic nuclear winter." As countries like Canada and the EU consider stronger responses, the global trade landscape enters a volatile new phase.
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President Donald Trump is not using tariffs for their historical purpose, which is to protect and promote domestic industry. Instead, Trump, as Victor Davis Hanson argues, is using tariffs to hold..
Today, we're looking at President Trump and Prime Minister Trudeau announcing a delay on tariffs as the trade war between Canada and the US remains paused until at least March.
Mexico has deployed 10,000 National Guard troops to the U.S.-Mexico border as part of an agreement with Donald Trump to curb drug trafficking and illegal migration. President Claudia Sheinbaum..