Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief

The Gazette

Summary

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The two presidencies diverged significantly in approach: Mr Biden emphasised systemic reform while Mr Trump relied on rhetoric and theatrics.
Guardian
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U.S. President-elect Donald Trump has proposed implementing a tariff of 25 per cent on all goods imported from Canada on his first day in office.
Global News
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On Monday, the president-elect announced his plan to impose a 25 percent tax on all products entering the U.S. from Canada and Mexico, and an additional 10 percent tariff on goods from China, as one of his first executive orders when he returns to office on January 20, 2025.
Newsweek
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Trump's tariff plans could face legal issues, and he may choose not to implement them.
Insider

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References

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PIIE
Trump's bigger tariff proposals would cost the typical American household over $2,600 a year
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