Trump 'Serious as a Heart Attack' About Launching Trade War With Canada and Mexico [View all]

Source: The Daily Beast

Trump ‘Serious as a Heart Attack’ About Launching Trade War With Canada and Mexico

The president is considering imposing tariffs on Mexico and Canada this week without even allowing them to negotiate.

Maurício Alencar
Freelance Reporter

Published Jan. 27 2025 9:32AM EST

Donald Trump is “very serious” about unleashing unilateral tariffs on neighbors Mexico and Canada without even giving them a chance to negotiate. Some of Trump’s closest advisors said the dramatic action could take place within days.

If he were to introduce tariffs, which could be as high as 25 percent, some people fear it could lead to a global economic crisis and spark a recession.

The president’s closest allies in Congress and serving under his administration have called for a ‘tariff-first-talk-second approach,’ the Wall Street Journal reported on Monday, putting banks and businesses across North America on high alert.

Among those who are reportedly behind the “emergency” plot to target America’s neighbors are Commerce Secretary nominee Howard Lutnick, who is currently the CEO of an influential New York bank facing several conflict of interest accusations, and deputy chief of staff for policy Stephen Miller, the architect of Trump’s hardline immigration policy, who some have accused of promoting white nationalist ideology.

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Read more: https://www.thedailybeast.com/trump-serious-as-a-heart-attack-about-launching-trade-war-with-canada-and-mexico/

Alternate link: https://news.yahoo.com/news/trump-serious-heart-attack-launching-143251763.html