Donald Trump roils markets with tariff threat on China, Mexico, and Canada

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Donald Trump roils markets with tariff threat on China, Mexico, and Canada - Business Standard

Quick Summary:

Trump’s tariff threats provide a sharp counter to expectations that he might temper his trade policies during a second term, despite concerns from some business leaders about the impact.

The Canadian and US auto industries are so intertwined, and work on such thin profit margins, that a 25 per cent tariff is “not a real conversation,” said Flavio Volpe, president of the Automotive Parts Manufacturers’ Association, a Canadian industry group.“The president-elect has done what he’s famous for, which is try to stir the debate.

Buffett gives away another $1.“As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before,” he said.“This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!