In a bold statement, Donald Trump announced his plans to impose tariffs on America’s biggest trading partners, Canada, and Mexico. He also added additional duties on Chinese imported goods. The measures will take effect the day after he takes office, demonstrating his commitment to changing U.S. Trade Policy. Trump announced a 25% tariff on all imports coming from Canada and … [Read more...] about Trump Announces Comprehensive Trade Policy, Promises Tariffs on Canada, Mexico, and China
Economic policy
Trump Plans Executive Order to Impose 25% Tariff on Canadian and Mexican Goods When He Takes Office
On Monday, President-elect Trump said that he will issue an executive order when he takes office charging Mexico and Canada 25% on all products entering the United States as well as further tariff increases on China due to the flow of illegal immigration and illicit drugs. In a Truth Social posting, Trump, who will take office on January 20, 2025, stated that … [Read more...] about Trump Plans Executive Order to Impose 25% Tariff on Canadian and Mexican Goods When He Takes Office
Trump Selects Billionaire Hedge Fund Manager to Head Treasury Department
Multiple reports claim that Donald Trump, the President-elect, has appointed billionaire hedge fund manager Scott Bessent as Secretary of Treasury. Bessent has been dubbed a cryptocurrency enthusiast and a proponent of deregulation. He will be an important figure in leveraging America's economic strength to advance its diplomatic goals. He has … [Read more...] about Trump Selects Billionaire Hedge Fund Manager to Head Treasury Department