Statement from President Trump:
”Today, I have implemented a 25% Tariff on Imports from Mexico and Canada (10% on Canadian Energy), and a 10% additional Tariff on China. This was done through the International Emergency Economic Powers Act (IEEPA) because of the major threat of illegal aliens and deadly drugs killing our Citizens, including fentanyl. We need to protect Americans, and it is my duty as President to ensure the safety of all. I made a promise on my Campaign to stop the flood of illegal aliens and drugs from pouring across our Borders, and Americans overwhelmingly voted in favor of it.”
Terrible idea. I hope you all enjoy a higher cost of living.
Thank you, MAGA Lakewood.
It’s mainly a negotiation tactic, like to get Mexico to comply on immigration issues, and in response to Canada’s tariffs against the US.
Yes, it’s a tax. But tariffs on Communist China are less bad than income tax.