Trump says tariffs on Mexico and Canada 'could go up,' declines to rule out possible recession
Source: CNN
President Donald Trump said tariffs on some goods from Canada and Mexico planned for April 2 could go up, and would not predict whether the United States will have a recession in 2025.
In an interview that aired on Fox News Sunday Morning Futures With Maria Bartiromo, Trump said reciprocal tariffs would go into effect on April 2 and the one-month reprieve granted to Mexico and Canada was a little bit of a break.
In February, Trump announced 25% tariffs on the United States neighboring countries. Those were delayed for a month and imposed on Tuesday, until Trump decided on Wednesday to pause tariffs on automakers for another month. He again changed course on Thursday, pausing tariffs on Mexican and Canadian goods covered by the USMCA free trade treaty until April.
Its a transition into April and after that, Im not doing this. I told (automakers), Look, Im going to do it this one time, said Trump.
Read more: https://www.yahoo.com/news/trump-says-tariffs-mexico-canada-161654219.html
Lovie777
(22,985 posts)kimbutgar
(27,248 posts)Owns to suspend our constitution and give him full power to fix the mess he purposely created.
Karasu
(2,003 posts)IronLionZion
(51,271 posts)but they might not like how Trump achieves that.
marble falls
(71,936 posts)Quakerfriend
(5,882 posts)us in one. 😤
BootinUp
(51,325 posts)Believe nothing he says.
He will follow his finger and MAGAt anger wherever it goes.
Bengus81
(10,165 posts)BTW...can't wait to see a 50% or a fucking 100% tariff on those Tesla's coming into Canada. Keep DIGGING that hole deeper Trump with your side kick killing his car Company day by day by day.....
Blues Heron
(8,838 posts)vapor2
(4,513 posts)Bristlecone
(11,111 posts)rpannier
(24,925 posts)Time to bet on sharp stock market drop.
Followed by him changing his mind
And then doing it again
Lather-Rinse-Repeat
IronLionZion
(51,271 posts)let the Republicans lose everything on hopes and dreams for MAGA. The GOP wants a recession so they exploit it to buy cheap stocks and abuse cheap labor. Americans can finally take back the jobs that undocumented immigrants were doing.
C Moon
(13,643 posts)AmericaUnderSiege
(777 posts)The only thing this traitor will accomplish is radically normalizing smuggling.