US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.
On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.
President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.
Markets were cautiously optimistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
WASHINGTON â€“ U.S. President Donald Trump on Thursday said he would soon decide whether to exclude Canadian and Mexican oil imports from the 25% tariffs that he has vowed to impose on Saturday on the countries’ products.
The porous border is arguably the greatest immediate security challenge facing the U.S. Indeed, two decades after 9/11, the failure to secure the border has made us vulnerable to sabotage and terrorist attacks.
Still, Mr. Trump hasn’t imposed new tariffs on China. The 10 percent tariff hike he threatened to impose for its lax fentanyl policies is significantly less than what he promised on the campaign trail. Moreover, it is substantially lower than the 25 percent tariff he may soon put in place against Canada and Mexico.
Manufacturers from Asia, Europe and elsewhere have poured billions into North American supply chains that could be hit by new taxes on Mexico, Canada and China.
Global markets stand on edge as Trump's sweeping tariff deadline approaches, threatening to impose 25 percent duties on Canada and Mexico, plus additional levies on China. With less than 24 hours remaining,
WASHINGTON — With less than 24 hours before United States President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.