Summary
Donald Trump initiated controversial tariffs, formally launching a trade war despite opposition from allies and widespread criticism among policy experts.
He imposed a 25% tariff on Mexican and Canadian imports, with additional charges on Canadian energy and Chinese goods under emergency powers.
Critics and experts lambasted the decision, arguing that the tariffs severely penalize American industries, undermine trade agreements, and reflect poor economic judgment.
Observers predict lasting repercussions for international relations and domestic markets.
Someone who isn’t using it for profit, but instead for money laundering. After finished, claim a loss on taxes through bankruptcy. Rinse, repeat.