Trump announcing he'll enact a 25%t tariff on imports from Canada and Mexico, an additional 10% on goods coming from China.
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00:00Trump trade war 2 is upon us.
00:02President-elect Trump promising massive tariffs on goods from Mexico, Canada and China.
00:08Trump announcing he'll enact a 25% tariff on imports from Canada and Mexico
00:14and additional 10% on goods coming from China.
00:18Trump says on Truth Social, quote,
00:20this tariff will remain in effect until such time as drugs, in particular fentanyl,
00:26and all illegal aliens stop this invasion of our country.
00:31If the tariffs go into effect in January,
00:33they'll likely raise prices for Americans on a wide variety of products,
00:38most notably cars and car parts coming from Mexico
00:42and could stunt U.S. economic growth, according to analysts.