Scott Horsley
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President Trump says he's ordering the tariffs in an effort to curb the flow of illegal drugs and immigration. But the U.S. Chamber of Commerce says while Trump is right to focus on those problems, tariffs are not the answer. The chamber says taxing imports will only upend supply chains and raise prices for American families.
President Trump says he's ordering the tariffs in an effort to curb the flow of illegal drugs and immigration. But the U.S. Chamber of Commerce says while Trump is right to focus on those problems, tariffs are not the answer. The chamber says taxing imports will only upend supply chains and raise prices for American families.
President Trump says he's ordering the tariffs in an effort to curb the flow of illegal drugs and immigration. But the U.S. Chamber of Commerce says while Trump is right to focus on those problems, tariffs are not the answer. The chamber says taxing imports will only upend supply chains and raise prices for American families.
Trump has ordered a 25% tax on most goods coming from Mexico and Canada, but he called for a smaller 10% tax on Canadian crude oil. in an apparent effort to limit any spike in gasoline prices. The tariff on Chinese imports is also set at 10 percent. All the taxes are set to take effect on Tuesday, leaving a short window for a possible reprieve.
Trump has ordered a 25% tax on most goods coming from Mexico and Canada, but he called for a smaller 10% tax on Canadian crude oil. in an apparent effort to limit any spike in gasoline prices. The tariff on Chinese imports is also set at 10 percent. All the taxes are set to take effect on Tuesday, leaving a short window for a possible reprieve.
Trump has ordered a 25% tax on most goods coming from Mexico and Canada, but he called for a smaller 10% tax on Canadian crude oil. in an apparent effort to limit any spike in gasoline prices. The tariff on Chinese imports is also set at 10 percent. All the taxes are set to take effect on Tuesday, leaving a short window for a possible reprieve.
Canada and Mexico have promised to respond to tariffs with taxes of their own on U.S. exports. Scott Horsley, NPR News, Washington.
Canada and Mexico have promised to respond to tariffs with taxes of their own on U.S. exports. Scott Horsley, NPR News, Washington.
Canada and Mexico have promised to respond to tariffs with taxes of their own on U.S. exports. Scott Horsley, NPR News, Washington.
President Trump issued executive orders Saturday slapping a 25% tax on most imports from Canada and Mexico, along with an additional 10% tax on imports from China. The tariffs have the potential to raise the cost of a wide variety of imported goods, including fruits and vegetables, flat-screen televisions, and auto parts.
President Trump issued executive orders Saturday slapping a 25% tax on most imports from Canada and Mexico, along with an additional 10% tax on imports from China. The tariffs have the potential to raise the cost of a wide variety of imported goods, including fruits and vegetables, flat-screen televisions, and auto parts.
Trump did order a lower 10% tariff on Canadian crude oil, which could mitigate the effect on U.S. gasoline prices. Midwestern oil refineries are heavily dependent on Canadian crude. In a social media post, Trump said he's taking the action to address the flow of illegal drugs and immigration. Scott Horsley, Impair News, Washington.
Trump did order a lower 10% tariff on Canadian crude oil, which could mitigate the effect on U.S. gasoline prices. Midwestern oil refineries are heavily dependent on Canadian crude. In a social media post, Trump said he's taking the action to address the flow of illegal drugs and immigration. Scott Horsley, Impair News, Washington.
Good morning, Scott.
Good morning, Scott.
Good morning, Scott.
We have yet to see any official tariff order from the White House. And Trump has a long history of threatening tariffs, some of which take effect, some don't. You know, we saw that last weekend when Trump threatened to slap tariffs on imports from Colombia, but backed off after Colombia agreed to conditions for accepting deportations from the U.S.
We have yet to see any official tariff order from the White House. And Trump has a long history of threatening tariffs, some of which take effect, some don't. You know, we saw that last weekend when Trump threatened to slap tariffs on imports from Colombia, but backed off after Colombia agreed to conditions for accepting deportations from the U.S.
We have yet to see any official tariff order from the White House. And Trump has a long history of threatening tariffs, some of which take effect, some don't. You know, we saw that last weekend when Trump threatened to slap tariffs on imports from Colombia, but backed off after Colombia agreed to conditions for accepting deportations from the U.S.
So there was some thought maybe Trump would make a similar deal to avoid this round of tariffs. But White House spokeswoman Caroline Leavitt insisted yesterday this tariff threat is not a bluff.