President Trump delivered a speech at the World Economic Forum, warning nations of economic sanctions if they don't manufacture in America. He specifically targeted Canada, proposing a 25% tariff if they don't address the trade deficit. In a lighter tone, he jokingly suggested Canada joining the U.S. as the 51st state to avoid these tariffs, a proposition that has since gained more seriousness.
Welcome to MAGAland podcast: Trump on WFH, plus Kamala's marriage turmoilDonald Trump warned world leaders they could face crippling economic sanctions if they don't start manufacturing in America in a blistering speech to the World Economic Forum.
In remarks putting the globe on notice, he said his message was very simple: 'Come make your product in America and we will give you among the lowest taxes of any nation on earth... but if you don't make your product in America, then very simply, you will have to pay a tariff.' In the wide-ranging speech he reiterated his desire to meet Russian President Vladimir Putin to end the war in Ukraine and said he will ask Saudi Crown Prince Mohammed bin Salman for a $1 trillion investment and a reduction in oil prices.
Trump revealed after winning the presidential election in November that he would move to impose a 25 percent tariff on Canada and Mexico for their refusal to help stop the illegal migrants crisis at their borders with the U.S.
TRUMP TARIFFS CANADA WORLD ECONOMIC FORUM MANUFACTURING
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Threatens Tariffs, Proposes Canada as 51st StatePresident Trump delivered a provocative speech at the World Economic Forum, threatening nations with tariffs if they don't manufacture in America. He also proposed an unconventional solution to the U.S.-Canada trade deficit: Canada becoming the 51st U.S. state.
Read more »
Trump Threatens Canada, Greenland, Panama Canal in Aggressive Foreign PolicyOutgoing President-elect Donald Trump has outlined an aggressive foreign policy agenda, threatening military and economic coercion against Canada, Greenland, and the Panama Canal. He has vowed to impose tariffs on Canada and Mexico, and suggested buying Greenland from Denmark, despite the latter's refusal.
Read more »
Canada Threatens Tariffs on US Goods if Trump Imposes Trade BarriersCanada has prepared a list of US goods worth billions of dollars that could face tariffs if President-elect Donald Trump follows through on his threat to impose tariffs on Canadian imports. The Canadian government maintains that 'nothing is off the table' in response to the US tariff threat.
Read more »
Trump Threatens Tariffs on Mexico and Canada, Sparking Market TurmoilDonald Trump's threats of 25% tariffs on Mexico and Canada by February 1st sent ripples through financial markets. The Mexican peso and Canadian dollar plunged, while the dollar index and U.S. stock futures experienced volatility. This move highlights the potential for upheaval as Trump implements his protectionist agenda.
Read more »
Canadian Politicians Respond to Trump's '51st State' ProposalCanadian politicians have reacted to Donald Trump's suggestion that Canada become the 51st state of the US. Green Party leader Elizabeth May suggested US states like California, Oregon, and Washington should join Canada, while Ontario Premier Doug Ford jokingly proposed buying Alaska and Minnesota.
Read more »
Trump's 'Make America Strong Again' Agenda: A New American Empire?Experts believe Donald Trump's plans for aggressive foreign policy upon returning to the White House, including tariffs on Canada and Mexico and desires to acquire Greenland and regain control of the Panama Canal, point towards an ambition to create a new US empire. Trump has also repeatedly suggested that Canada become America's '51st state'. His spokesperson Anna Kelly claims these actions are part of Trump's commitment to making America strong again, while Professor Sean Adams at the University of Florida sees parallels with 19th-century 'spread-eagleism' and the expansionist policies of Democrats like Andrew Jackson.
Read more »