Summary
Donald Trump is unlikely to impose tariffs on Canada, Mexico, and China on his first day in office, despite campaign promises.
Instead, federal agencies will review trade policies, existing tariffs, and the USMCA agreement.
Trump had proposed a 25% tariff on Canadian and Mexican goods and 10% on Chinese imports, citing fentanyl and immigration concerns.
Economists warn tariffs would raise prices, worsen inflation, and disrupt industries.
Canada and Mexico vowed retaliatory tariffs, threatening U.S. auto production and undermining the USMCA trade agreement.
Did anyone ask Elon
Maybe later, he’s busy at the moment doing a nazi salute at the podium he has no business even standing at.
And twitching like crazy from his ketamine habit at the inauguration.
He has to wait for Elon to give him a list of Tesla exclusive suppliers to exempt from all the tariffs