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Tag: tariffs

Politics

Canada PM Trudeau meets Trump as US president-elect threatens to impose tariffs – Times of India

Donald Trump talks with Canada's PM Justin Trudeau during a North Atlantic Treaty Organization Plenary Session at the Nato summit in Watford, Britain, December 4, 2019. (Reuters) Canadian Prime Minister Justin Trudeau visited Florida on Friday for a dinner meeting with US president-elect Donald Trump at his Mar-a-Lago estate. The meeting followed Trump’s announcement of planned tariffs of up to 25 per cent on imports from Canada.The visit was unannounced and came after a week of efforts by Canada and Mexico to address Trump’s trade threats. Experts have warned that the tariffs could also affect US consumers. Trudeau is the first G7 leader to meet Trump since November 5 election. The dinner included Trudeau, Trump, and some members of Trump’s proposed administration. The meeting was prompte...
Politics

Donald Trump names lawyer Jamieson Greer his US trade envoy | World News – Times of India

WASHINGTON: Donald Trump on Tuesday named Jamieson Greer his trade envoy, a key figure in implementing the president-elect's economic agenda, particularly his plans to use tariffs to raise revenue and help bring more manufacturing to US shores.Trump also picked Kevin Hassett as his top economic advisor, bringing the former member of his first administration to the helm of the White House National Economic Council. Hassett is set to help advance Trump's plans too, ranging from tax cuts to widening energy production."Jamieson played a key role during my First Term in imposing Tariffs on China and others to combat unfair Trade practices," said Trump of Greer, who served as chief of staff to US Trade Representative Robert Lighthizer during Trump's first administration.He also cited Greer's exp...
Business

Trump To ‘Sharply Increase’ Tariffs On Goods Coming From China, Canada & Mexico

Starting from his first day in office President-elect Donald Trump has promised to raise the tariffs on goods from Mexico, Canada and China. A policy that could sharply increase costs for American businesses and consumers. Trump said that this move is in retaliation for illegal immigration and “crime and drugs” coming from across the borders.  “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States and its ridiculous Open Borders,” Trump posted on his Truth Social platform. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” The President-elect said that China is going to fa...