Donald Trump has vowed to impose sweeping tariffs on Canada, Mexico and China starting this weekend, potentially setting the stage for a damaging trade war between the US and three of its biggest trading partners. Trump also threatened to follow up with a further wave of tariffs against the European Union.

Goods exported from Canada and Mexico to the US will be hit with a 25% tariff, while products from China face a 10% levy, the White House press secretary, Karoline Leavitt, told reporters on Friday.

The administration did not give exact details of the tariffs, which Trump has repeatedly said would start 1 February. Trump later suggested in the Oval Office that oil from Canada, which exports millions of barrels of crude per day to the US, would “probably” face a lower tariff of 10% and that he expected his administration would impose duties related to oil and gas around 18 February.

While the president insisted that nothing could be done by Canada, Mexico and China right now to forestall tariffs, officials were said to be scrambling to find a way out. Several off ramps are under consideration in a bid to strike an 11th-hour deal, according to the Wall Street Journal.

  • Stizzah@lemmygrad.ml
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    3 hours ago

    Sorry but I’ll never buy the idea of the good man that tried to stop the conspirators within the government and was killed. It is naive and implies that the system - the capitalist USA - is not evil, but it’s just few bad apples that ruin everything. Fuck that. You’d make a nicer impression saying you’re drunk than believing that crap.

    As the Commander in Chief, JFK is responsible of all the terrorism the USA did during his presidency. It doesn’t matter if he was the mastermind or an unawere useful idiot.

    And BTW this is the kind of lies that JFK said during the Cuban Missile Crisis:

    our history, unlike that of the Soviets since the end of World War II, demonstrates that we have no desire to dominate or conquer any other nation or impose our system upon its people

    • geneva_convenience@lemmy.mlOP
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      3 hours ago

      Politicians gonna politics. Kennedy was no angel but he was killed for trying to pipe down the CIA’s uncontrollable imperialism.