Quotes
We have big deficits with all three of them. And in one case, they’re sending massive amounts of fentanyl, killing hundreds of thousands of people a year with fentanyl. And in the other two cases, they’re making it possible for this poison to get in. We have about a $200 billion deficit with Canada… and a $250 billion trade deficit with Mexico,
Trump said during a press briefing Tariffs vary by sector, with considerations such as protecting sensitive sectors from foreign competition and permitting access to important raw materials and intermediate goods. India has ensured that tariff policies comply with WTO rules and regulations. Over time, several efforts have been made to rationalise tariffs further and address the inverted duty structures,
Inflation would increase by 20 basis points in the US, and after an initial dip, by 30 basis points in China. The initial fall in inflation in China is caused by a temporary tightening of Chinese monetary policy aimed at offsetting the depreciation of the Chinese currency,
We categorically reject the White House's slander of the Government of Mexico alleging alliances with criminal organizations, as well as any intention to interfere in our territory."
In a long post on X, the president added This is a choice that, yes, will harm Canadians, but beyond that, it will have real consequences for you, the American people."
Addressing American citizens directly, Trudeau added Like the American tariffs, our response will also be far-reaching and include everyday items such as American beer, wine and bourbon, fruits and fruit juices, including orange juice, along with vegetables, perfume, clothing and shoes,
Trudeau said in a press conference on Saturday evening China hopes that the U.S. side will objectively and rationally look at and deal with its own fentanyl issue and other issues, rather than threatening other countries by means of tariffs at every turn.”
Beijing pushed back, saying If the United States government and its agencies wanted to address the serious fentanyl consumption in their country, they could fight the sale of drugs on the streets of their major cities, which they don’t do, and tackle the laundering of money that this illegal activity generates, which has caused so much harm to its population.”
You’re worried about grocery prices. Don’s raising prices with his tariffs.”
Senate Democratic leader Chuck Schumer of New York, also posting on X, said The government of Mexico has afforded safe havens for the cartels to engage in the manufacturing and transportation of dangerous narcotics, which collectively have led to the overdose deaths of hundreds of thousands of American victims,
The orders make clear that the flow of contraband drugs like fentanyl to the United States, through illicit distribution networks, has created a national emergency, including a public health crisis,
the White House said in a fact sheet on tariffs This alliance endangers the national security of the United States, and we must eradicate the influence of these dangerous cartels.”
A recent study recognized Canada’s heightened domestic production of fentanyl and its growing footprint within international narcotics distribution,
President Trump is using the tools at hand and taking decisive action that puts Americans’ safety and our national security first,
The question is, does that include tariffs, since IEEPA has only been used for sanctions,
Virginians want lower prices, not higher ones and the last thing we need are new, senseless taxes on imports from America's three largest trading partners,
At least for me, I don't think there is such a connection in this case,
The courts have historically upheld the president’s power to take emergency actions, especially when they are related to national security,
said Tim Brightbill, who co-chairs the international trade practice at the law firm Wiley Rein Judges are not likely to second guess a president on what constitutes an emergency,
said William Reinsch, a trade expert at the Center for Strategic and International Studies in Washington, At the very least, however, courts should find that allowing Trump to wave his magic Sharpie to sign an IEEPA executive order imposing tariffs would upset the balance Congress has long sought to strike when it delegates its tariff authority to the president,
he said in a note on Friday
