donald-trump

Tariffs Would Hit Canada, Mexico Day 1

President-elect Donald Trump said one of his first executive order when he takes office Jan. 20 will charge neighbors Mexico and Canada 25 percent tariffs on all products coming into the United States.Separately, Trump said he would also impose a 10 percent tariff on all goods originating from China – essentially covering the largest U.S. trade partners.Meanwhile, officials from Mexico, Canada and China have threatened to respond with sweeping tariffs ... [+]

Trump Tariffs Could Cost Consumers $79B

Americans could face a loss of US$46 billion to US$78 billion in spending power each year if newly re-elected President Donald Trump makes good on his promise of new tariffs on imports, according to a recent study by the National Retail Federation.Trump’s proposals include a 10 percent to 20 percent ... [+]