Biden says Trump's tariff threat against Canada and Mexico is 'counterproductive'
Biden says Trump's tariff threat against Canada and Mexico is 'counterproductive'
Biden said that he hopes Trump "rethinks" his tariff announcement, which would impact two close U.S. allies.
Summary
President Joe Biden criticized President-elect Donald Trump’s plan to impose 25% tariffs on Canada and Mexico as “counterproductive,” warning it could harm relationships with key trade partners.
Trump announced the tariffs would remain until illegal immigration and fentanyl trafficking are stopped, drawing criticism from economists who argue the costs would fall on consumers.
Mexican President Claudia Sheinbaum disputed Trump’s claim that she agreed to “close borders.” Canadian Prime Minister Justin Trudeau stressed the importance of maintaining strong U.S.-Canada trade ties in response to the proposal.
You're viewing a single thread.
-
That finger sure is wagging.