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.

    • MonkeMischief@lemmy.todayEnglish
      10·
      20 hours ago

      Nowhere in my post did I even hint that I didn’t vote.

      Your vivid imagination can be put to better use than inventing reasons to heap smugness on internet strangers.

      (Not enjoying the collapse BTW thx. 👍👍)