President-elect Donald Trump said he would impose a tariff on products from Canada and Mexico until they stop flow of drugs, migrant crossings.

Summary

Donald Trump pledged to impose a 25% tariff on all products from Mexico and Canada on his first day in office, blaming them for failing to stop illegal drugs and immigration.

He also vowed to add a 10% tariff on Chinese goods until drug trafficking into the U.S. ceases.

Economists warn these tariffs could drive up consumer prices and inflation.

While violent crime has declined in recent years, Trump continues to link trade measures to border security and drug issues, echoing his first-term trade policies and immigration stance.

  • Maple Engineer@lemmy.world
    15·
    29 days ago

    This is late stage capitalism. The oligarchs are now in charge and they are going to loot every last penny that they can then run away laughing.

    Musk announced that he was going to gut NASA which directly benefits SpaceX.