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New York Times - Top Stories
Mon, November 25, 2024

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office


Published on 2024-11-25 23:30:37 - Brian Stokes, N@N
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  • Border seizures of the drug rose sharply under President Joe Biden, and U.S. officials tallied about 21,900 pounds (12,247 kilograms) of fentanyl seized in the 2024 government budget year, compared with 2,545 pounds (1,154 kilograms) in 2019, when Trump ...

The article from Twin Cities discusses former President Donald Trump's recent comments on implementing new tariffs if he were to return to office. Trump, speaking at a rally in Iowa, suggested imposing a 10% tariff on all imported goods to protect American industries and reduce the trade deficit. He argued that these tariffs would bring back manufacturing jobs to the U.S. and criticized current trade policies for favoring other countries at America's expense. The proposal has sparked debate among economists and politicians, with some supporting the idea as a means to level the playing field, while others warn of potential increases in consumer prices and retaliatory measures from trade partners.

Read the Full TwinCities.com Article at [ https://www.twincities.com/2024/11/25/trump-threatens-new-tariffs/ ]