Donald Trump has vowed to impose sweeping tariffs on Canada, Mexico and China starting this weekend, potentially setting the stage for a damaging trade war between the US and three of its biggest trading partners. Trump also threatened to follow up with a further wave of tariffs against the European Union.

Goods exported from Canada and Mexico to the US will be hit with a 25% tariff, while products from China face a 10% levy, the White House press secretary, Karoline Leavitt, told reporters on Friday.

The administration did not give exact details of the tariffs, which Trump has repeatedly said would start 1 February. Trump later suggested in the Oval Office that oil from Canada, which exports millions of barrels of crude per day to the US, would “probably” face a lower tariff of 10% and that he expected his administration would impose duties related to oil and gas around 18 February.

While the president insisted that nothing could be done by Canada, Mexico and China right now to forestall tariffs, officials were said to be scrambling to find a way out. Several off ramps are under consideration in a bid to strike an 11th-hour deal, according to the Wall Street Journal.

  • Stizzah@lemmygrad.ml
    link
    fedilink
    arrow-up
    1
    ·
    10 hours ago

    John Fitzgerald “let’s try to invade Cuba” Kennedy tried to stop imperialism? Are you drunk?

    • geneva_convenience@lemmy.mlOP
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      7 hours ago

      Yes that Kennedy. Whom the CIA bypassed to invade Cuba. And the Kennedy the CIA later likely killed.

      Allen Dulles later stated, CIA planners believed that once the troops were on the ground, Kennedy would authorize any action required to prevent failure – as Eisenhower had done in Guatemala in 1954 after that invasion looked as if it would collapse.[217] Two of Kennedy’s advisors, David Powers and Kenneth O’Donnell, record in their joint memoir that Kennedy believed the only reason the Joint Chiefs of Staff would approve the plan was because "They were sure I’d give in to them and send the go-ahead order to the Essex, they couldn’t believe that a new President like me wouldn’t panic

      Coincidentally Kennedy got killed right after he tried to put Israel on the list of foreign agents and started regulating the CIA.

      • Stizzah@lemmygrad.ml
        link
        fedilink
        arrow-up
        1
        ·
        3 hours ago

        Sorry but I’ll never buy the idea of the good man that tried to stop the conspirators within the government and was killed. It is naive and implies that the system - the capitalist USA - is not evil, but it’s just few bad apples that ruin everything. Fuck that. You’d make a nicer impression saying you’re drunk than believing that crap.

        As the Commander in Chief, JFK is responsible of all the terrorism the USA did during his presidency. It doesn’t matter if he was the mastermind or an unawere useful idiot.

        And BTW this is the kind of lies that JFK said during the Cuban Missile Crisis:

        our history, unlike that of the Soviets since the end of World War II, demonstrates that we have no desire to dominate or conquer any other nation or impose our system upon its people

        • geneva_convenience@lemmy.mlOP
          link
          fedilink
          arrow-up
          1
          ·
          3 hours ago

          Politicians gonna politics. Kennedy was no angel but he was killed for trying to pipe down the CIA’s uncontrollable imperialism.