Trump Announces Tariffs on Three Nations
US President Donald Trump announced tariffs on goods from Canada, Mexico, and China, which have not yet taken effect but are already negatively impacting American lives. Trump acknowledged that there may be 'some pain' from these broad tariffs, but believes they will eventually lead to a 'GOLDEN AGE.' The Wall Street Journal editorial board views this as a 'hammer blow to Mexico and Canada,' indicating that 'no country or industry is safe.' Previously, the newspaper called Trump's trade war the 'dumbest in history,' to which Trump responded critically, but the editors stood by their assessment. On Saturday, Trump signed an executive order imposing 25% duties on imports from Mexico and Canada (10% on Canadian energy products) and 10% on Chinese goods, citing the 'extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl.'