November 6, 2025

Trump Tariffs

Israel Says It Will Lift All Tariffs on U.S. Goods – PJ Media– pjmedia.com

pgnewser April 3, 2025

Israel Says It Will Lift All Tariffs on U.S. Goods – PJ Media– pjmedia.com
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Excerpt:

Israeli Finance Minister Bezalel Smotrich announced and signed a plan to eliminate any remaining tariffs targeting U.S. imports. The move came in advance of Donald Trump’s announcement on Wednesday that a new schedule of duties would be imposed on foreign products.

Israel and the U.S. have had a free trade agreement since 1985 that excludes about 98% of American products from Israeli tariffs. Israeli Prime Minister Benjamin Netanyahu appears to be trying to get out in front of any possible announcement on tariffs on Israel from the White House.

“Today we canceled all of the customs duties levied on products from the U.S., Israel’s largest trading partner,” Netanyahu said in a post on X. “Canceling the customs duties on American goods is an additional step in the policy that my government has led for a decade in opening up the market to competition.”

The lifting of tariffs on U.S. goods still needs approval of the Knesset, where it’s expected to pass.

New York Times:

Total U.S. trade with Israel amounted to an estimated $37 billion in 2024, and the U.S. bilateral deficit stood at $7.4 billion, an 8.6 percent increase over the previous year, according to U.S. trade data. Israeli import taxes on U.S. goods amount to $11.3 million annually, with most levied on food, according to Israel’s finance ministry.

Israel isn’t the only nation trying to forestall Trump’s action on tariffs directed against it. Previously, Mexico sent cartel leaders across the border to stand trial in the U.S. It also sent troops to the border to break up fentanyl rings. Other responses weren’t very friendly.

 

Canada, the European Union, and China imposed retaliatory tariffs on U.S. goods even before Trump’s official announcement. Unless Trump withdraws or modifies his threats of high tariffs, prices of many consumer goods will rise.

Smotrich is calculating that Trump will reciprocate and lower trade barriers to Israeli goods.

Smotrich’s initiative will still have to be approved by the Israeli Knesset, where agricultural interests enjoy significant influence. There will be a rearguard action in the effort to defend the protectionist schemes from which Israeli farmers benefit. But while the Smotrich plan is not a done deal, Israel’s vital security interests depend so heavily on American support that Israeli domestic interests may have to take a back seat to its near-term foreign policy objectives.

If Trump’s true objective is to compel America’s trading partners to drop their tariffs, to which he would respond by lowering America’s trade barriers, Israel’s maneuver should compel the administration to make some concessions. The American trade balance with Israel isn’t enormous, but it’s not nothing, either. The U.S. imports Israeli commodities like stone, metals, and glass, but it also takes in finished Israeli products like industrial machinery, chemicals, plastics, and rubber.

 

The tariffs are a calculated gamble by Trump, hoping to jump-start U.S. exports in a less restrictive, more competitive international trade atmosphere. If it works, it will revolutionize the American economy. If it doesn’t, we may be paying a lot more for everything we buy from overseas.

 

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President Trump GOES OFF as Four Senate Republicans Reportedly Plan to Defy Him and Vote for Democrat Measure to Sabotage His Canadian Tariff Policy | The Gateway Pundit– www.thegatewaypundit.com

pgnewser April 3, 2025

President Trump GOES OFF as Four Senate Republicans Reportedly Plan to Defy Him and Vote for Democrat Measure to Sabotage His Canadian Tariff Policy | The Gateway Pundit– www.thegatewaypundit.com
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Excerpt:

President Trump is livid after learning that four Senate Republicans are reportedly prepared to vote to sabotage his tariff policy on Canada.

As Fox News reported, leftist Senator Tim Kaine (D-VA) has sponsored a resolution joint resolution that would terminate the national emergency Trump declared regarding illicit drugs and Canada. Trump has argued tariffs are necessary not just to curb the drug flow but also to rebalance an unfair trading relationship between the two countries.

The Senate is scheduled to vote on Kaine’s resolution this afternoon. While passage would not mean the tariffs evaporate, considering the House is unlikely to ever vote on the measure, voting against Canadian tariffs would hand the Democrats a powerful talking point and humiliate Trump in the process.

To add insult to injury, the vote is taking place on what Trump has declared “Liberation Day,” where he is set to unleash new reciprocal tariffs to bring back American jobs.

Karoline Leavitt Brings The Receipts, Exposes Allies’ Sky-High Tariffs On U.S. Goods– trendingpoliticsnews.com

pgnewser April 1, 2025

Karoline Leavitt Brings The Receipts, Exposes Allies’ Sky-High Tariffs On U.S. Goods– trendingpoliticsnews.com
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Excerpt:

On the eve of President Donald Trump’s much-anticipated “Liberation Day,” the date when he is expected to launch a flurry of new tariffs intended to level the trade U.S. deficit with foreign nations, White House Press Secretary Karoline Leavitt pushed back aggressively on media claims that they will only lead to consumer pain and higher prices.

Waving the receipts, Leavitt spoke in depth about some of the most egregious examples of U.S. goods being taxed at a higher rate by other countries. She cited a 700% markup on rice being imported to Japan and a 300% tariff in Canada on American butter and cheese.

“This makes it virtually impossible for American products to be imported into these markets, and it has put a lot of Americans out of business and out of work over the past several decades,” she declared.

One Washington Post headline on Tuesday — “Trump aides draft tariff plans as some experts warn of economic damage” — summed up the narrative that outlets are spinning ahead of President Trump’s economic upheaval. Most goods being imported into the U.S. will face a 20% tariff, according to details about the plans shared by sources.

The outlet writes that the tariffs, if enacted, “would almost immediately” cause Trump’s economy to “tumble into a recession that would last for more than a year,” citing an economist at Moody’s who called the outcome a worst-case scenario.

White House considering roughly 20% tariff on most imports, report says– www.cnbc.com

pgnewser April 1, 2025

White House considering roughly 20% tariff on most imports, report says– www.cnbc.com
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Excerpt:

 

US President Donald Trump, alongside Secretary of Treasury Scott Bessent (L) and Secretary of Commerce nominee Howard Lutnick (R), signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House on February 3, 2025, in Washington, DC.

Jim Watson | Afp | Getty Images

White House aides have drafted a proposal that would levy tariffs of roughly 20% on most imports, The Washington Post reported Tuesday.

The report cited three people familiar with the matter. It also said White House advisors cautioned that several options are still on the table, meaning the 20% tariffs may not come to pass. Another plan being considered is the country-by-country “reciprocal” approach, according to the Post.

The report comes a day before April 2, when President Donald Trump is set to announce his larger plans for global trade. The date has loomed over Wall Street, where stocks have been struggling in part due to uncertainty around rapidly changing global trade policy.

Starmer dismisses claims he’s been ‘played’ by Trump, and says future trade deal could lessen impact of tariffs – UK politics live | Politics– www.theguardian.com

pgnewser April 1, 2025

Starmer dismisses claims he’s been ‘played’ by Trump, and says future trade deal could lessen impact of tariffs – UK politics live | Politics– www.theguardian.com
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Excerpt:

Keir Starmer has dismissed claims that he has been “played” by President Trump over tariffs.

In an interview with Sky News this morning, echoing what Jonathan Reynolds said in his morning interview round (see 8.58am), Starmer said that a future trade deal with the US might lead to the UK getting some exemptions from the tariffs coming tomorrow. He said:

We are of course negotiating an economic deal which will, I hope … mitigate the tariffs.

Asked if he had been “played” by US President Donald Trump, Starmer replied:

The US is our closest ally. Our defence, our security, our intelligence are bound up in a way that no two other countries are.

So it’s obviously in our national interest to have a close working relationship with the US, which we’ve had for decades, and I want to ensure we have for decades to come.

He said talks on an economic deal would normally take “months or years” but “in a matter of weeks we have got well advanced in those discussions”.

Starmer also confirmed that it was likely the UK would be affected by the tariffs being announced tomorrow.

We are obviously working with the sectors most impacted at pace on that.

Nobody wants to see a trade war but I have to act in the national interests.

Trump says reciprocal tariffs will target all countries– www.channelnewsasia.com

pgnewser March 31, 2025

Trump says reciprocal tariffs will target all countries– www.channelnewsasia.com
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Excerpt:

ABOARD AIR FORCE ONE: US President Donald Trump said on Sunday (Mar 30) reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.

Trump has promised to unveil a massive tariff plan on Wednesday, which he has dubbed “Liberation Day”. He has already imposed tariffs on aluminum, steel and autos, along with increased tariffs on all goods from China.

“You’d start with all countries,” he told reporters aboard Air Force One. “Essentially all of the countries that we’re talking about.”

White House economics adviser Kevin Hassett recently told Fox Business that the administration’s tariffs focus would be on 10 to 15 countries with the worst trade imbalances, though he did not list them.

Trump Fuels Blue Wave By Planning To Hit Americans With Biggest Peacetime Tax Increase In History– www.politicususa.com

pgnewser March 31, 2025

Trump Fuels Blue Wave By Planning To Hit Americans With Biggest Peacetime Tax Increase In History– www.politicususa.com
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Excerpt:

Trump trade adviser Peter Navarro said, according to an X post from Jeff Stein of The Washington Post that Trump is planning on imposing $600 billion worth of tariffs per year for ten years:

White House aide Peter Navarro today: Trump’s tariffs will raise $600 billion per year, or $6 trillion over a 10 year period Seems to reflect our reporting that Trump wants to go absolutely enormous on the tariffs, regardless of short-term economic consequences

Video of Navarro:

To put this into context, Trump’s proposed tariffs would be 2.2% of GDP.

Here is a chart from The Tax Foundation of the largest tax increases as a percentage of GDP in US history:

 

Trump’s Tariffs Leave Automakers With Tough, Expensive Choices– www.nytimes.com

pgnewser March 31, 2025

Trump’s Tariffs Leave Automakers With Tough, Expensive Choices– www.nytimes.com
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Excerpt:

Automakers can respond to President Trump’s new 25 percent tariffs on imported cars and parts in several ways. But all of them cost money and will lead to higher car prices, analysts say.

Manufacturers can try to move production from countries like Mexico to the United States. They can try to increase the number of cars they already make here. They can stop selling imported models, especially ones that are less profitable.

But whatever carmakers decide, car buyers can expect to pay more for new and used vehicles. Estimates vary widely and depend on the model, but the increase could range from around $3,000 for a car made in the United States to well over $10,000 for imported models.

Those figures do not take into account additional tariffs that Mr. Trump said he would announce next week to punish countries that impose tariffs on U.S. goods. He has also said he would increase tariffs further if trading partners like Canada and the European Union raise tariffs in response to his auto tariffs, leading to an escalating tit-for-tat trade war.

“It’s going to be disruptive and expensive for American consumers for several years,” said Michael Cusumano, professor of management at the MIT Sloan School of Management.

Trump’s Auto Tariffs Just Got a Huge Endorsement – PJ Media– pjmedia.com

pgnewser March 31, 2025

Trump’s Auto Tariffs Just Got a Huge Endorsement – PJ Media– pjmedia.com
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Excerpt:

United Auto Workers (UAW) President Shawn Fain, who backed Kamala Harris in last year’s election, just delivered the most significant endorsement yet of President Donald Trump’s tariffs on foreign-made automobiles. Defying the left’s narrative, Fain called the tariffs a necessary tool to bring manufacturing jobs back to the United States.

Speaking on CBS’s “Face the Nation,” Fain agreed with Trump trade adviser Peter Navarro’s assessment that American auto plants are operating at only 60% capacity, which leaves plenty of room to ramp up production domestically.

“He’s spot on,” Fain said, citing the example of Stellantis, which recently laid off 2,000 workers in Warren, Mich., after shifting Ram truck production to Mexico. “They could shift that work back in very short order and be producing Ram trucks right back there and put those people back to work.”

China Deserves the Trump Tariffs– www.dailysignal.com

pgnewser March 31, 2025

China Deserves the Trump Tariffs– www.dailysignal.com
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Excerpt:

This January, when President Joe Biden was serving his last weeks in office and turning over the presidency to Donald Trump, the United States ran a $31.7 billion trade deficit with China.

That was the largest trade deficit the United States ran that month with any nation—and it continued a long-standing pattern.

In 2024, according to data published by the Census Bureau, America’s annual trade deficit with China was $295.402 billion. That was not only the largest trade deficit the United States ran with any country, it was also larger than the trade deficit the United States ran with the entire European Union ($235.571 billion).

In 2023, the United States ran a $279.107 billion trade deficit with China. In 2022, it was $382.133 billion; in 2021, it was $352.806 billion; in 2020, it was $310.263 billion; and in 2019, it was $344.312 billion.

Trump warns of greater EU, Canada tariffs if they plan “economic harm” against US– seekingalpha.com

pgnewser March 27, 2025

President Trump has suggested that the expected new round of tariffs on April 2 will not be as severe as initially planned. He said, “I’ll probably be more lenient than reciprocal, because if I was reciprocal, that would be very tough for people.”

He has followed through with his 25% tariff on all imported vehicles, as well as issuing a new round of threats to the EU and Canada that if they plan “economic harm” he will raise the tariff rates in response.

Trump warns of greater EU, Canada tariffs if they plan “economic harm” against US– seekingalpha.com
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Excerpt:

U.S. President Donald Trump said on Truth Social on Thursday that his administration would impose greater tariffs on the EU and Canada if they collaborate to do “economic harm” to the country.

“If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!” Trump posted.

This marks the latest escalation of Trump’s tariff war with the world.

European Commission President Ursula von der Leyen responded to Trump’s statement, reiterating that “Tariffs are taxes – bad for businesses, worse for consumers equally in the U.S. and the EU.”

EU. UK Target U.S. Social Media, Tech Companies

pgnewser March 20, 2025

The European Union is targeting Google and Apple for Antitrust violations that could force one company, Apple, to alter its product significantly, and Google over 10% of its global revenue. The UK is following suit by threatening to prosecute U.S. social media companies that don’t comply with their soviet and Muslim-compliant brand of censorship.

The Trump administration had previously threatened countries with tariff retaliation that target American companies in the way the UK and the EU just did.

Social media platforms face fines and criminal prosecution in UK – Marketing Tech
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Excerpt:

The UK Online Safety Act officially came into force on Monday, March 17, 2025, granting Ofcom extensive new powers to hold social media platforms accountable for illegal content.

Under the landmark legislation, technology companies must take proactive measures to detect and remove harmful material or face penalties of up to £18 million or 10% of their global revenue, whichever is higher.

New enforcement powers target illegal content

Technology firms must do more to tackle illegal content on their platforms as Ofcom begins enforcing the Online Safety Act’s illegal content codes.

From Monday, the regulator has started requiring social media companies to find and remove content such as child sexual abuse material, terrorism-related content, hate crimes, content encouraging suicide, and fraud.

Technology secretary Peter Kyle described the changes as “a major step forward in creating a safer online world.” He added that “for too long”, child abuse material, terrorist content, and intimate image abuse have been “easy to find online.” Still, social media platforms now have a legal duty to prevent and remove such material.

“Platforms must now act quickly to comply with their legal duties, and our codes are designed to help them do that,” said Suzanne Cater, enforcement director at Ofcom. “But, make no mistake, any provider who fails to introduce the necessary protections can expect to face the full force of our enforcement action.”

Europe targets Apple and Google in antitrust crackdown, risking fresh Trump tariff clash – Fortune
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Excerpt:

In a move that risks enraging the Trump administration, the European Commission has announced major antitrust enforcement decisions against Google and Apple.

US says ready to confer with China, Canada on WTO disputes – MSN

pgnewser March 19, 2025

US says ready to confer with China, Canada on WTO disputes – MSN
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Excerpt:

 The U.S. mission told China and Canada it was ready to confer with its officials in Geneva after those two countries filed trade disputes in response to new tariffs, World Trade Organization documents showed on Tuesday.

Canada requested consultations – the first step in a WTO trade dispute – earlier this month in response to “unjustified tariffs” imposed by U.S. President Donald Trump earlier this month.

Trump doubles down on tariffs as stocks sink: ‘not going to bend’– www.cnbc.com

pgnewser March 13, 2025

Trump doubles down on tariffs as stocks sink: ‘not going to bend’– www.cnbc.com
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Excerpt:

 

President Donald Trump on Thursday doubled down on his escalating tariff plans, even as his economic agenda continued to rattle investors and contribute to a weekslong stock market sell-off.

“I’m not going to bend at all,” Trump said when asked about his tariff plans during an Oval Office meeting with NATO Secretary General Mark Rutte.

Trump specifically said he would not change his mind about enacting sweeping “reciprocal tariffs” on other countries that put up trade barriers to U.S. goods. The White House has said those tariffs are set to take effect April 2.

Trump’s comments came as major stock indexes continued to tumble Thursday, with the S&P 500 falling 10% from its recent highs and entering correction territory.

Canada Launches WTO Complaint On US Steel, Aluminium Tariffs– www.ndtv.com

pgnewser March 13, 2025

Canada Launches WTO Complaint On US Steel, Aluminium Tariffs– www.ndtv.com
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Excerpt:

Canada launched a complaint with the World Trade Organization on Thursday over US President Donald Trump’s across-the-board imposition of 25-percent tariffs on steel and aluminium imports.

The steep levies, which came into force on Wednesday, contained no exemptions despite countries’ efforts to avert them.

“Canada has requested WTO dispute consultations with the United States regarding the imposition by the United States of import duties on certain steel and aluminium products from Canada,” the WTO said.

“Canada claims that the measures, which terminate Canada’s exemption from additional duties on certain steel and aluminium products and increase duties on aluminium articles, and which took effect on March 12, are inconsistent with US obligations,” the global trade body said.

‘Wave of nationalism’: Trump tariffs are good politics in Canada and Mexico – USA TODAY

pgnewser March 13, 2025

‘Wave of nationalism’: Trump tariffs are good politics in Canada and Mexico – USA TODAY
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Excerpt:

Approval ratings for Canadian and Mexican leaders are skyrocketing amid popular outrage in those countries over President Donald Trump’s tariff threats − as his own approval ratings have slipped among Americans.

As Trump is poised to slap steep tariffs on America’s northern and southern neighbors − and has floated swallowing up Canada as the “51st state” − leaders in Mexico and Canada are defiant.

On Tuesday, Trump said he would double tariffs on Canadian steel and aluminum from 25% to 50% after Ontario announced a 25% surcharge on the Canadian province’s electricity exports to Michigan, Minnesota and New York. Ontario backed down.

Trump threatens to put 200% tariff on French Champagne and other EU spirits– www.cnbc.com

pgnewser March 13, 2025

Trump threatens to put 200% tariff on French Champagne and other EU spirits– www.cnbc.com
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Excerpt:

U.S. President Donald Trump said Thursday he plans to put a 200% tariff on alcohol from France and other European nations in the latest escalation of global trade tensions.

The U.S. tariff comes after the European Union moved to reinstate an import tax on American whiskey.

“The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% Tariff on Whisky. If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the U.S.,” Trump said on Truth Social.

Trump Doubles Down on Tariff Wars Despite Early Mixed Economic Signals

pgnewser March 11, 2025

India won’t budge on its current tariff levels after U.S. tariffs recently took effect. Canada has clawed back some its promised threats but continues to pursue the U.S. legally in world courts.  One potential unexpected cost of the tariffs is the rise in patriotism in both Mexico and Canada, as well as a rise in support for the incumbent leaders in both nations as well.

Europe might yet face more tariffs, with Trump warning, “The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% Tariff on Whisky. If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the U.S.”

The economy is producing mixed signals, which include a down stock market, but an unexpected decrease in inflation. President Trump is doubling down, saying “I’m not backing down,” seeming to acknowledge things might get more difficult before they get better, but that, in the end, he said, “I hate to predict things like that. There is a period of transition because what we’re doing is very big, we’re bringing back wealth to America.” Read blurb report

Trump doubles down on tariffs as stocks sink: ‘not going to bend’– www.cnbc.com
Source Link
Excerpt:

 

President Donald Trump on Thursday doubled down on his escalating tariff plans, even as his economic agenda continued to rattle investors and contribute to a weekslong stock market sell-off.

“I’m not going to bend at all,” Trump said when asked about his tariff plans during an Oval Office meeting with NATO Secretary General Mark Rutte.

Trump specifically said he would not change his mind about enacting sweeping “reciprocal tariffs” on other countries that put up trade barriers to U.S. goods. The White House has said those tariffs are set to take effect April 2.

Trump’s comments came as major stock indexes continued to tumble Thursday, with the S&P 500 falling 10% from its recent highs and entering correction territory.

India Says “No Commitments” To Tariff Cuts After Trump’s Tax Cut Claim– www.ndtv.com
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Excerpt:

India says it has not committed to slashing import duties on US products, days after President Donald Trump announced that New Delhi had agreed to “cut their tariffs way down”.

Only weeks into his second term, Trump has upended global trade, targeting friends and foes alike. He has also blamed all trading partners of “unfair” practices, and has announced reciprocal tariffs on many countries, including India, to begin from next month.

Trump once again railed at India’s “massive tariffs” last week.

“You can’t sell anything into India, it is almost restrictive,” Trump said.

“They have agreed, by the way, they want to cut their tariffs way down now because somebody is finally exposing them for what they have done,” he added.

But the Indian government told a parliamentary panel that “no commitments had been made to the US on the issue,” a report in The Times of India newspaper said Tuesday.

The government “has sought time until September to address the issue that is being repeatedly flagged by the American president,” it added.

Trump dodges recession talk as global markets plunge– www.dailykos.com
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Excerpt:

 President Donald Trump has refused to rule out that his economic policies could trigger a recession and pushed for a “period of transition” that global markets have already responded to negatively.

In an interview that aired on Sunday, with Fox Business conspiracy theorist Maria Bartiromo, Trump was asked if he expected a recession.

“I hate to predict things like that. There is a period of transition because what we’re doing is very big, we’re bringing wealth back to America,” Trump said.

Trump’s statement is false. He has repeatedly throughout his political career predicted economic calamity, usually in the context of attacks against his Democratic rivals like former President Joe Biden and Sec. Hillary Clinton.

Donald Trump’s tariffs hurting US business, Republican lawmakers warn – US politics live | Donald Trump– www.theguardian.com
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Excerpt:

US president Donald Trump has not treated Greenlanders with respect since expressing his renewed interest in acquiring the vast, mineral-rich Arctic island, Greenland’s prime minister was quoted on Monday as saying.

Trump reiterated his interest in acquiring the island during his address to Congress last Tuesday, painting a picture of prosperity and safety for the “incredible people” of Greenland, an autonomous territory of the kingdom of Denmark, Reuters reported.

Trump reaffirmed that message in a Truth Social post early on Monday, writing: “We will continue to keep you safe, as we have since World War II. We are ready to invest billions of dollars to create new jobs and make you rich.”

Greenland’s prime minister Mute Egede told Danish public broadcaster DR in an interview aired on Monday: “We deserve to be treated with respect, and I don’t think the US president has done that recently since he took office.”

“I think that the recent things the American president has been doing means that people don’t want to get as close to (the US) as they might have wanted in the past,” he added.

“We need to draw a line in the sand and put more effort into (cultivating relations with) the countries that show us respect for the future we want to build,” said Egede, in comments aired a day before Greenland holds a general election.

Trump threatens to put 200% tariff on French Champagne and other EU spirits– www.cnbc.com
Source Link
Excerpt:

U.S. President Donald Trump said Thursday he plans to put a 200% tariff on alcohol from France and other European nations in the latest escalation of global trade tensions.

The U.S. tariff comes after the European Union moved to reinstate an import tax on American whiskey.

“The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% Tariff on Whisky. If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the U.S.,” Trump said on Truth Social.

‘Wave of nationalism’: Trump tariffs are good politics in Canada and Mexico – USA TODAY
Source Link
Excerpt:

Approval ratings for Canadian and Mexican leaders are skyrocketing amid popular outrage in those countries over President Donald Trump’s tariff threats − as his own approval ratings have slipped among Americans.

As Trump is poised to slap steep tariffs on America’s northern and southern neighbors − and has floated swallowing up Canada as the “51st state” − leaders in Mexico and Canada are defiant.

On Tuesday, Trump said he would double tariffs on Canadian steel and aluminum from 25% to 50% after Ontario announced a 25% surcharge on the Canadian province’s electricity exports to Michigan, Minnesota and New York. Ontario backed down.

Canada Launches WTO Complaint On US Steel, Aluminium Tariffs– www.ndtv.com
Source Link
Excerpt:

Canada launched a complaint with the World Trade Organization on Thursday over US President Donald Trump’s across-the-board imposition of 25-percent tariffs on steel and aluminium imports.

The steep levies, which came into force on Wednesday, contained no exemptions despite countries’ efforts to avert them.

“Canada has requested WTO dispute consultations with the United States regarding the imposition by the United States of import duties on certain steel and aluminium products from Canada,” the WTO said.

“Canada claims that the measures, which terminate Canada’s exemption from additional duties on certain steel and aluminium products and increase duties on aluminium articles, and which took effect on March 12, are inconsistent with US obligations,” the global trade body said.

Donald Trump’s tariffs hurting US business, Republican lawmakers warn – US politics live | Donald Trump– www.theguardian.com

pgnewser March 11, 2025

Donald Trump’s tariffs hurting US business, Republican lawmakers warn – US politics live | Donald Trump– www.theguardian.com
Source Link
Excerpt:

US president Donald Trump has not treated Greenlanders with respect since expressing his renewed interest in acquiring the vast, mineral-rich Arctic island, Greenland’s prime minister was quoted on Monday as saying.

Trump reiterated his interest in acquiring the island during his address to Congress last Tuesday, painting a picture of prosperity and safety for the “incredible people” of Greenland, an autonomous territory of the kingdom of Denmark, Reuters reported.

Trump reaffirmed that message in a Truth Social post early on Monday, writing: “We will continue to keep you safe, as we have since World War II. We are ready to invest billions of dollars to create new jobs and make you rich.”

Greenland’s prime minister Mute Egede told Danish public broadcaster DR in an interview aired on Monday: “We deserve to be treated with respect, and I don’t think the US president has done that recently since he took office.”

“I think that the recent things the American president has been doing means that people don’t want to get as close to (the US) as they might have wanted in the past,” he added.

“We need to draw a line in the sand and put more effort into (cultivating relations with) the countries that show us respect for the future we want to build,” said Egede, in comments aired a day before Greenland holds a general election.

Trump dodges recession talk as global markets plunge– www.dailykos.com

pgnewser March 11, 2025

Trump dodges recession talk as global markets plunge– www.dailykos.com
Source Link
Excerpt:

 President Donald Trump has refused to rule out that his economic policies could trigger a recession and pushed for a “period of transition” that global markets have already responded to negatively.

In an interview that aired on Sunday, with Fox Business conspiracy theorist Maria Bartiromo, Trump was asked if he expected a recession.

“I hate to predict things like that. There is a period of transition because what we’re doing is very big, we’re bringing wealth back to America,” Trump said.

Trump’s statement is false. He has repeatedly throughout his political career predicted economic calamity, usually in the context of attacks against his Democratic rivals like former President Joe Biden and Sec. Hillary Clinton.

Trump says he is suspending tariffs on many Mexican goods for one month – US politics live | Trump administration– www.theguardian.com

pgnewser March 7, 2025

Trump says he is suspending tariffs on many Mexican goods for one month – US politics live | Trump administration– www.theguardian.com
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Excerpt:

President Donald Trump has announced that after speaking with Mexican President Claudia Sheinbaum he has agreed that Mexico will not be required to pay tariffs on anything that falls under the US-Mexico-Canada-Agreement until 2 April.

His post reads:

After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement. This Agreement is until April 2nd. I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation!

Canada Remains Bellicose Despite U.S. Pause on Tariffs

pgnewser March 7, 2025

President Donald Trump announced a 30-day pause on newly enacted tariffs on Canada and Mexico but was met with mixed signals from Canada. On one hand, Canada appeared ready to move more aggressively on cutting down fentanyl traffic across the border, but on the other, Canada has not ended all its recently enacted tariffs, only the ones in response to Trump’s latest round of tariffs.

Ontario Premier Doug Ford offered the most bellicose response, announcing plans to increase their electricity fee by 25 percent for Americans in Minnesota, New York, and Michigan. Ford said of Trump’s announced tariff pause, “The only thing that’s certain today is more uncertainty. A pause on some tariffs means nothing. Until President Trump removes the threat of tariffs for good, we will be relentless.”

Trump agrees to pause tariffs on Canada and Mexico after they pledge to boost border enforcement – AP News
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Excerpt:

President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two largest trading partners took steps to appease his concerns about border security and drug trafficking.

The pauses provide a cool-down period after a tumultuous few days that put North America on the cusp of a trade war that risked crushing economic growth, causing prices to soar and ending two of the United States’ most critical partnerships.

“I am very pleased with this initial outcome, and the Tariffs announced on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured,” Trump posted on social media. “FAIRNESS FOR ALL!”

Canadian Prime Minister Justin Trudeau posted Monday afternoon on X that the pause would occur “while we work together,” saying that his government would name a fentanyl czar, list Mexican cartels as terrorist groups and launch a “Canada-U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering.”

Canada’s tariffs to remain despite Trump postponing tariffs on many imports– abcnews.go.com

pgnewser March 7, 2025

Canada’s tariffs to remain despite Trump postponing tariffs on many imports– abcnews.go.com
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Excerpt:

TORONTO — Canada’s initial retaliatory tariffs against the U.S. will remain in place despite President Donald Trump postponing 25% tariffs on many imports from Canada for a month, two senior Canadian government officials said.

Trump said Thursday that he has postponed 25% tariffs on many goods from Canada and Mexico for a month, amid widespread fears of a broader trade war.

Two senior Canadian governments official told the Associated Press that Canada’s first wave of response tariffs will remain. The officials spoke on condition of anonymity as they were not authorized to speak publicly about the matter.

Canada’s initial $30 billion Canadian (US$21 billion) worth of retaliatory tariffs have been applied on items like American orange juice, peanut butter, coffee, appliances, footwear, cosmetics, motorcycles and certain pulp and paper products.

Trump threatens further tariff hikes after Canada retaliates | Trade War News– www.aljazeera.com

pgnewser March 4, 2025

Trump threatens further tariff hikes after Canada retaliates | Trade War News– www.aljazeera.com
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Excerpt:

US president posts warning on social media after Canada PM Trudeau slammed ‘dumb’ trade war.

US President Donald Trump has warned Canada that he will escalate his trade war after Prime Minister Justin Trudeau announced retaliatory tariffs on US goods.

Trump’s 25-percent tariffs on imports from Mexico and Canada took effect on Tuesday, prompting Trudeau to announce retaliatory tariffs on more than $100bn of American goods that will take effect over 21 days.

The US president responded on Truth Social, the social media platform he owns, saying: “Please explain to Governor Trudeau, of Canada, that when he puts on a Retaliatory Tariff on the US, our Reciprocal Tariff will immediately increase by a like amount!”