G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
It Is Happening Every Day, Every Where
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
He has offered a vision for a more aggressive spy agency, and his focus on the threat from China is widely shared by Republican and Democratic lawmakers.
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, which together account for more than a third of U.S. trade
The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.
The president said the planned duties were a response to China’s failure to curb fentanyl exports.
Marco Rubio told State Department employees that changes under President Trump “are not meant to be destructive, they’re not meant to be punitive.”
President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”
The president’s executive action on trade will keep all possibilities on the table, including eventual tariffs against China, Canada and Mexico.
The ego-stroking message to the man who once famously declared, “I Alone Can Fix It,” was clear.
President Biden and his team saw China as the one nation with the intent and capability to displace American primacy — and crafted policies to defend U.S. power.