Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade

Reuters2024-11-26

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Comments

FatBelly TGR
2024-11-26
FatBelly TGR
If the US$ continue to rise... Chances are that..more illigal immigrants will be crossing the borders... My understanding was that . If the neighbors and yourself are growing stronger each day.. there won't be any illegal immigrants crossing over...
- SullivanRrr:
  But even if they crossed the borders, they will soon be repatriated?
Crouchy Tiger
2024-11-26
Crouchy Tiger
10+60% on China?
NightMorph
2024-11-26
NightMorph
Groan..
druvaciam
2024-11-26
druvaciam
Illegal migrants from Canada, what??

Leave a comment

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The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. 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three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QQQ","symbol_name":"纳指100ETF","start_time":0,"source_url":"","article_id":"1128042303","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1128042303","pubTimestamp":1732579026,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"U.S. President-elect Donald Trump said on Monday he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" Trump said in a post on Truth Social.Trump said the tariffs would remain in place until the two countries cl","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QQQ":"纳指100ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite"},"translate_title":"特朗普誓言对加拿大、墨西哥和中国征收新关税，威胁全球贸易","themeId":"1f656c1581ba202d1586e2eb1fef6d64","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SQQQ":1.1,".DJI":1.1,"TQQQ":1.1,".IXIC":1.1,"QQQ":1.1,".SPX":1.1},"content_text":"President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined \"an additional 10% tariff, above any additional tariffs\" on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to \"put America first\".\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden's presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump's threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others' products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a \"sunset\" provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada's Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.\"It was a good discussion and they will stay in touch,\" the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.\"This strikes me more as a threat than anything else,\" Reinsch said. \"I guess the idea is if you keep hitting them in the face, eventually they'll surrender.\"Trump's announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.\"Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,\" Trump said.A Chinese embassy spokesperson in Washington hit back.\"China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,\" Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.\"All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,\" the spokesperson said.Trump has previously pledged to end China's most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country's prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA's six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico's finance ministry said of Trump's tariff pledge: \"Mexico is the United States' top trade partner, and the USMCA provides a framework of certainty for national and international investors.\"Economists say that Trump's overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will \"pay a very big price.\"","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":true,"code":"91000000","status":"200"},"commentList":[{"id":374954706182504,"gmtCreate":1732583439733,"gmtModify":1732600611597,"author":{"id":"4108784856214640","authorId":"4108784856214640","name":"FatBelly TGR","avatar":"https://community-static.tradeup.com/news/8a83826a542a663d197f51df3d192187","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"4108784856214640","authorIdStr":"4108784856214640"},"htmlText":"If the US$ continue to rise... Chances are that..more illigal immigrants will be crossing the borders... My understanding was that .&nbsp; If the neighbors and yourself are growing stronger each day.. there won't be any illegal immigrants crossing over...","listText":"If the US$ continue to rise... Chances are that..more illigal immigrants will be crossing the borders... My understanding was that .&nbsp; If the neighbors and yourself are growing stronger each day.. there won't be any illegal immigrants crossing over...","text":"If the US$ continue to rise... Chances are that..more illigal immigrants will be crossing the borders... My understanding was that . If the neighbors and yourself are growing stronger each day.. there won't be any illegal immigrants crossing over...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374954706182504","repostId":1128042303,"repostType":4,"repost":{"id":"1128042303","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1732579026,"share":"https://ttm.financial/m/news/1128042303?lang=en_US&edition=fundamental","pubTime":"2024-11-26 07:57","market":"us","language":"en","title":"Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=1128042303","media":"Reuters","summary":"U.S. President-elect Donald Trump said on Monday he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" Trump said in a post on Truth Social.Trump said the tariffs would remain in place until the two countries cl","content":"<html><head></head><body>President-elect Donald Trump on Monday pledged big tariffs on the United States&#39; three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2024-11-26 07:57\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>President-elect Donald Trump on Monday pledged big tariffs on the United States&#39; three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128042303","content_text":"President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined \"an additional 10% tariff, above any additional tariffs\" on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to \"put America first\".\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden's presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump's threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others' products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a \"sunset\" provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada's Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.\"It was a good discussion and they will stay in touch,\" the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.\"This strikes me more as a threat than anything else,\" Reinsch said. \"I guess the idea is if you keep hitting them in the face, eventually they'll surrender.\"Trump's announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.\"Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,\" Trump said.A Chinese embassy spokesperson in Washington hit back.\"China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,\" Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.\"All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,\" the spokesperson said.Trump has previously pledged to end China's most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country's prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA's six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico's finance ministry said of Trump's tariff pledge: \"Mexico is the United States' top trade partner, and the USMCA provides a framework of certainty for national and international investors.\"Economists say that Trump's overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will \"pay a very big price.\"","news_type":1,"symbols_score_info":{"SQQQ":1.1,".DJI":1.1,"TQQQ":1.1,".IXIC":1.1,"QQQ":1.1,".SPX":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":375106982858800,"gmtCreate":1732600716345,"gmtModify":1732600721494,"authorId":3527667613087911,"author":{"id":3527667613087911,"idStr":"3527667613087911","authorId":3527667613087911,"name":"SullivanRrr","avatar":"https://static.tigerbbs.com/6e743508fdcea73d01327da840eb95a2","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":374954706182504,"type":1,"supId":0,"prevId":0,"content":"But even if they crossed the borders, they will soon be repatriated?","text":"But even if they crossed the borders, they will soon be repatriated?","html":"But even if they crossed the borders, they will soon be repatriated?"}],"langContent":"EN"},{"id":374951882817880,"gmtCreate":1732582737831,"gmtModify":1732582741924,"author":{"id":"4163304661106302","authorId":"4163304661106302","name":"Crouchy Tiger","avatar":"https://community-static.tradeup.com/news/148ba960fb3c67ce963e5e7c5d72d83d","vip":1,"hat":"https://static.tigerbbs.com/306aa047bc14b6942cda1aed925cf8c3","crmLevel":12,"crmLevelSwitch":1,"idStr":"4163304661106302","authorIdStr":"4163304661106302"},"htmlText":"10+60% on China?","listText":"10+60% on China?","text":"10+60% on China?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374951882817880","repostId":1128042303,"repostType":2,"repost":{"id":"1128042303","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1732579026,"share":"https://ttm.financial/m/news/1128042303?lang=en_US&edition=fundamental","pubTime":"2024-11-26 07:57","market":"us","language":"en","title":"Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=1128042303","media":"Reuters","summary":"U.S. President-elect Donald Trump said on Monday he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" Trump said in a post on Truth Social.Trump said the tariffs would remain in place until the two countries cl","content":"<html><head></head><body>President-elect Donald Trump on Monday pledged big tariffs on the United States&#39; three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2024-11-26 07:57\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>President-elect Donald Trump on Monday pledged big tariffs on the United States&#39; three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128042303","content_text":"President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined \"an additional 10% tariff, above any additional tariffs\" on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to \"put America first\".\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden's presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump's threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others' products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a \"sunset\" provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada's Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.\"It was a good discussion and they will stay in touch,\" the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.\"This strikes me more as a threat than anything else,\" Reinsch said. \"I guess the idea is if you keep hitting them in the face, eventually they'll surrender.\"Trump's announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.\"Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,\" Trump said.A Chinese embassy spokesperson in Washington hit back.\"China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,\" Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.\"All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,\" the spokesperson said.Trump has previously pledged to end China's most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country's prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA's six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico's finance ministry said of Trump's tariff pledge: \"Mexico is the United States' top trade partner, and the USMCA provides a framework of certainty for national and international investors.\"Economists say that Trump's overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will \"pay a very big price.\"","news_type":1,"symbols_score_info":{"SQQQ":1.1,".DJI":1.1,"TQQQ":1.1,".IXIC":1.1,"QQQ":1.1,".SPX":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":375002684379328,"gmtCreate":1732579427820,"gmtModify":1732584874831,"author":{"id":"4159738213464392","authorId":"4159738213464392","name":"NightMorph","avatar":"https://community-static.tradeup.com/news/d93c136b82813e124328166429a89e1e","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"4159738213464392","authorIdStr":"4159738213464392"},"htmlText":"Groan..","listText":"Groan..","text":"Groan..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375002684379328","repostId":1128042303,"repostType":4,"repost":{"id":"1128042303","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1732579026,"share":"https://ttm.financial/m/news/1128042303?lang=en_US&edition=fundamental","pubTime":"2024-11-26 07:57","market":"us","language":"en","title":"Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=1128042303","media":"Reuters","summary":"U.S. President-elect Donald Trump said on Monday he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" Trump said in a post on Truth Social.Trump said the tariffs would remain in place until the two countries cl","content":"<html><head></head><body>President-elect Donald Trump on Monday pledged big tariffs on the United States&#39; three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2024-11-26 07:57\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>President-elect Donald Trump on Monday pledged big tariffs on the United States&#39; three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128042303","content_text":"President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined \"an additional 10% tariff, above any additional tariffs\" on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to \"put America first\".\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden's presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump's threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others' products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a \"sunset\" provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada's Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.\"It was a good discussion and they will stay in touch,\" the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.\"This strikes me more as a threat than anything else,\" Reinsch said. \"I guess the idea is if you keep hitting them in the face, eventually they'll surrender.\"Trump's announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.\"Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,\" Trump said.A Chinese embassy spokesperson in Washington hit back.\"China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,\" Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.\"All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,\" the spokesperson said.Trump has previously pledged to end China's most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country's prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA's six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico's finance ministry said of Trump's tariff pledge: \"Mexico is the United States' top trade partner, and the USMCA provides a framework of certainty for national and international investors.\"Economists say that Trump's overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will \"pay a very big price.\"","news_type":1,"symbols_score_info":{"SQQQ":1.1,".DJI":1.1,"TQQQ":1.1,".IXIC":1.1,"QQQ":1.1,".SPX":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":374937507488072,"gmtCreate":1732579225300,"gmtModify":1732579229543,"author":{"id":"4088707402306530","authorId":"4088707402306530","name":"druvaciam","avatar":"https://static.tigerbbs.com/5c3fb456a34258529f2ed7b7f945e0e8","vip":1,"hat":"https://static.tigerbbs.com/f3e7f6253c885de8bad6403055b76aab","crmLevel":12,"crmLevelSwitch":1,"idStr":"4088707402306530","authorIdStr":"4088707402306530"},"htmlText":"Illegal migrants from Canada, what??","listText":"Illegal migrants from Canada, what??","text":"Illegal migrants from Canada, what??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374937507488072","repostId":1128042303,"repostType":2,"repost":{"id":"1128042303","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1732579026,"share":"https://ttm.financial/m/news/1128042303?lang=en_US&edition=fundamental","pubTime":"2024-11-26 07:57","market":"us","language":"en","title":"Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=1128042303","media":"Reuters","summary":"U.S. President-elect Donald Trump said on Monday he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" Trump said in a post on Truth Social.Trump said the tariffs would remain in place until the two countries cl","content":"<html><head></head><body>President-elect Donald Trump on Monday pledged big tariffs on the United States&#39; three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2024-11-26 07:57\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>President-elect Donald Trump on Monday pledged big tariffs on the United States&#39; three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined &#34;an additional 10% tariff, above any additional tariffs&#34; on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to &#34;put America first&#34;.&#34;On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,&#34; he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden&#39;s presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump&#39;s threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others&#39; products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a &#34;sunset&#34; provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada&#39;s Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.&#34;It was a good discussion and they will stay in touch,&#34; the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.&#34;This strikes me more as a threat than anything else,&#34; Reinsch said. &#34;I guess the idea is if you keep hitting them in the face, eventually they&#39;ll surrender.&#34;Trump&#39;s announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&amp;P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.&#34;Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,&#34; Trump said.A Chinese embassy spokesperson in Washington hit back.&#34;China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,&#34; Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.&#34;All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,&#34; the spokesperson said.Trump has previously pledged to end China&#39;s most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country&#39;s prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA&#39;s six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico&#39;s finance ministry said of Trump&#39;s tariff pledge: &#34;Mexico is the United States&#39; top trade partner, and the USMCA provides a framework of certainty for national and international investors.&#34;Economists say that Trump&#39;s overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will &#34;pay a very big price.&#34;</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128042303","content_text":"President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.Trump also outlined \"an additional 10% tariff, above any additional tariffs\" on China, in some of his most specific comments on how he will implement his economic agenda since winning the Nov. 5 election on promises to \"put America first\".\"On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,\" he said in a post on Truth Social.While migrant arrests reached a record during President Joe Biden's presidency, straining U.S. border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement.More than 83% of exports from Mexico went to the U.S. in 2023 and 75% of Canadian exports go to the country.Trump's threatened new tariff would appear to violate the terms of the U.S.-Mexico-Canada Agreement on trade. The deal which Trump signed into law took effect in 2020, and continued the largely duty-free trade between the three countries.Canada and the United States at one point imposed sanctions on each others' products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a \"sunset\" provision will force either a withdrawal or talks on changes to the pact.After issuing his tariff threat, Trump held a conversation with Canada's Prime Minister Justin Trudeau in which they discussed trade and border security, a Canadian source familiar with the situation said.\"It was a good discussion and they will stay in touch,\" the source said.Trump could be counting on the threat of tariffs to prompt an early renegotiation of USMCA, said William Reinsch, a former president of the National Foreign Trade Council.\"This strikes me more as a threat than anything else,\" Reinsch said. \"I guess the idea is if you keep hitting them in the face, eventually they'll surrender.\"Trump's announcement sparked a dollar rally. It rose 1% against the Canadian dollar and 2% against the Mexican peso , while share markets in Asia fell, as did European equity futures . S&P 500 futures fell 0.3%.On China, the president-elect accused Beijing of not taking strong enough action to stop the flow of illicit drugs crossing the border into the U.S. from Mexico.\"Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,\" Trump said.A Chinese embassy spokesperson in Washington hit back.\"China believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. No one will win a trade war or a tariff war,\" Liu Pengyu said.The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl, a leading cause of drug overdoses in the United States.\"All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality,\" the spokesperson said.Trump has previously pledged to end China's most-favored-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.The Chinese economy is now in a much more vulnerable position given the country's prolonged property downturn, debt risks and weak domestic demand.In the run-up to the Nov. 5 election, Trump floated plans for blanket tariffs of 10% to 20% on virtually all imports. He also said he would put tariffs as high as 200% on every car coming across the U.S.-Mexico border.He also voiced his intent to formally invoke the USMCA's six-year review provision upon taking office. Currently, it is expected in July 2026.Mexico's finance ministry said of Trump's tariff pledge: \"Mexico is the United States' top trade partner, and the USMCA provides a framework of certainty for national and international investors.\"Economists say that Trump's overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade, draw retaliation and drastically reorder supply chains.They say tariffs are paid by the companies that import the products subject to the duties, and they either pass on the costs to consumers or accept lower profits.Trump frequently refers to countries paying as a consequence of his tariff plan, saying on Monday that Mexico and Canada will \"pay a very big price.\"","news_type":1,"symbols_score_info":{"SQQQ":1.1,".DJI":1.1,"TQQQ":1.1,".IXIC":1.1,"QQQ":1.1,".SPX":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":17,"commentSize":4,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.41.0","shortVersion":"4.41.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1128042303","isCrawlerRequest":true}