Quotes
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It's not what we want, but if he moves forward, we will also act."
On Friday, Canadian Prime Minister Justin Trudeau said
You'd certainly expect to see an impact on prices,
Miller said
The scary thing is the list of products is very, very long,
Jason Miller, a professor of supply-chain management at Michigan State University, told ABC News.People generally don’t understand how dependent the global economy is for those kinds of intermediate goods, raw materials, that we sort of take for granted,
Willy Shih, an economist at Harvard Business School, told PackagingDive.com
Given the wide-ranging negative implications for industrial production in the U.S., we expect this is unlikely to happen in practice,
the Bernstein analysts saidTotal impact to #gasprices in these areas could be 25-75c/gal, dependent on season and refining factors as well if tariffs go through,
De Haan addedThere is probably not a single assembly plant in Michigan, Ohio, Illinois and Texas that would not immediately be affected by a 25 percent tariff.”
Patrick Anderson, chief executive of Anderson Economic Group, a consulting firm in Michigan, told the New York TimesThey need to understand where their exposures are,
he saidBoth Canada and Mexico have allowed an unprecedented invasion of illegal fentanyl that is killing American citizens, and also immigrants into our country,
she added
Now it is very important that the Mexican people know that we are always going to defend the dignity of our people, we are always going to defend the respect of our sovereignty and a dialogue between equals, as we have always said, without subordination,
Sheinbaum said
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Starting tomorrow, those tariffs will be in place,
White House press secretary Karoline Leavitt told reportersAt the end of the day, tariffs on spirits products from our neighbors to the north and south are going to hurt U.S. consumers and lead to job losses across the U.S. hospitality industry, just as these businesses continue their long recovery from the pandemic,
Swonger saidPresident Trump is going to do everything he possibly can to cut the inflation crisis that the previous administration imposed on the American people, and he will continue to effectively utilize tariffs,
Leavitt said
If the President does choose to implement any tariffs against Canada, we’re ready with a response. A purposeful, forceful, but reasonable immediate response,
Canadian Prime Minister Justin Trudeau said FridayOur nation could be facing difficult times in the coming days and weeks,
Canadian Prime Minister Justin Trudeau has said ... in response to the Trump decision
The fentanyl coming through Canada is massive,
Trump told reporters the day after his inaugurationWhile Mexico and China are the primary source countries for fentanyl and fentanyl-related substances trafficked directly into the United States, India is emerging as a source for finished fentanyl powder and fentanyl precursor chemicals,
it readsCanada and Mexico stand to lose 3.6 percent and two percent of real GDP respectively, while the U.S. would suffer a 0.3 percent real GDP loss,
he added
As far as I know, they are acting swiftly, and if they execute it, there will be no tariff. And if they don’t, there will be,
Lutnick said
Number two are the drugs, fentanyl and everything else, that have come into the country and number three are the massive subsidies that we’re giving to Canada and to Mexico in the form of [trade] deficits,
Trump said