Trump tariffs: President to hit Canada, Mexico and China with tariffs
www.bbc.com
Canadian oil will be hit with a lower levy of 10%, likely by mid-February, President Trump says.

Summary

Trump announced that 25% tariffs on imports from Canada and Mexico will take effect on February 1, though a decision on including oil remains pending.

He justified the move by citing undocumented migration, fentanyl trafficking, and trade deficits.

Trump also hinted at new tariffs on China.

Canada and Mexico plan retaliatory measures while seeking to address U.S. concerns.

If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump’s pledge to reduce living expenses.

  • werefreeatlast@lemmy.worldEnglish
    2·
    1 day ago

    Those were the days. We all wished for that pretzel to have been a little bigger, a little dryer. But somehow it didn’t work out. But, it could happen again! Lightning can strike twice in the same spot. Or lightning can strike in two or more spots separately non-dependently.

    • Azal@pawb.socialEnglish
      2·
      16 hours ago

      Dunno, I remember those days.

      I remember commenting how we were a pretzel away from President Cheney…

      Then again I remember Cheney being the “He picked him as a running mate to be a body shield because I’d take a bullet for W just to stop that from happening.” Unfortunately now we’re in the era where Cheney is the sensible politician (I threw up in my mouth a little when I just typed that last bit)