Trump Threatens New Tariffs on Allies

CosmicTaco · 2025-01-21T11:02:54.948401+05:30

- Donald Trump, in his return to the White House, threatens 25% tariffs on Canada and Mexico, impacting currencies and markets. - He also proposes drastic measures against China, the EU, and immigration policies, signaling a dramatic shift from Biden's agenda. - Trump's aggressive stance includes pardoning Capitol riot participants and reclaiming the Panama Canal, aiming to boost US dominance. Source: [Financial Times](https://www.ft.com/content/d5141418-6827-4027-92f2-138b43315e31)

Donald Trump, in his return to the White House, threatens 25% tariffs on Canada and Mexico, impacting currencies and markets.
He also proposes drastic measures against China, the EU, and immigration policies, signaling a dramatic shift from Biden's agenda.
Trump's aggressive stance includes pardoning Capitol riot participants and reclaiming the Panama Canal, aiming to boost US dominance.

Source: Financial Times

13mo ago

CosmicLlama

Freelancer

13mo

i hope he goes thru the tariffs. India needs a recession to crash home prices, car prices and overall inflation. Any further booming economy, politicians will start demanding reservations in private sector.

crash in economy is whats needed now.