Trailer trucks queue to cross into the United States at the Otay Mesa Port of Entry, in Tijuana, Mexico, November 27, 2024. Jorge Duenes/Reuters
New York
CNN
—
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Since President Donald Trump won the election in November, businesses across the globe have been bracing for higher tariffs — a key Day One promise the president made.
But over a week into his presidency, Trump has yet to enact any new tariffs.
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That could change, come 11:59 p.m. ET on Saturday — the deadline Trump set for when he says he will slap 25% tariffs on all Mexican and Canadian goods and a 10% tariff on all Chinese goods.
The tariffs, he said, will be imposed as a way of punishing the three nations, which Trump claims are responsible for helping people enter the country illegally and supplying fentanyl consumed in the US.
Speaking to reporters from the Oval Office on Thursday, Trump said he meant business, especially with his tariff threats on Mexico and Canada. White House Press Secretary Karoline Leavitt also confirmed on Friday that Trump will levy the 10% tariff on China on Saturday.
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Should these threats be believed? Yes and no, said Trump’s former Commerce Secretary Wilbur Ross.
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The threat of blanket tariffs is likely being overstated, Ross said in an interview with CNN. “There probably will be exclusions, because there are some goods that just are not made here, will not be made here, and therefore, there’s no particular point putting tariffs on.”
Ross, who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term, said he advocated for such exclusions when he advised Trump on tariff policies.
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Trailer trucks queue to cross into the United States at the Otay Mesa Port of Entry, in Tijuana, Mexico, November 27, 2024. Jorge Duenes/Reuters
New York
CNN
—
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Since President Donald Trump won the election in November, businesses across the globe have been bracing for higher tariffs — a key Day One promise the president made.
But over a week into his presidency, Trump has yet to enact any new tariffs.
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That could change, come 11:59 p.m. ET on Saturday — the deadline Trump set for when he says he will slap 25% tariffs on all Mexican and Canadian goods and a 10% tariff on all Chinese goods.
The tariffs, he said, will be imposed as a way of punishing the three nations, which Trump claims are responsible for helping people enter the country illegally and supplying fentanyl consumed in the US.
Speaking to reporters from the Oval Office on Thursday, Trump said he meant business, especially with his tariff threats on Mexico and Canada. White House Press Secretary Karoline Leavitt also confirmed on Friday that Trump will levy the 10% tariff on China on Saturday.
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Should these threats be believed? Yes and no, said Trump’s former Commerce Secretary Wilbur Ross.
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The threat of blanket tariffs is likely being overstated, Ross said in an interview with CNN. “There probably will be exclusions, because there are some goods that just are not made here, will not be made here, and therefore, there’s no particular point putting tariffs on.”
Ross, who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term, said he advocated for such exclusions when he advised Trump on tariff policies.
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Experience the epitome of elegance and convenience with our premier Limo Service. We offer a range of high-end transportation options designed to cater to your every need.
Private SUV Car Service by the Hour
Indulge in the spacious comfort of our Private SUV Car Service, perfect for groups or those who prefer a more roomy travel experience. Our hourly service ensures that your chauffeur is at your disposal for as long as you need, providing unmatched flexibility. Whether you’re planning a night out with friends, a corporate event, or a family outing, our SUVs offer ample space and luxury amenities.
[url=https://bdlxlimo.com/private-sedan-service-hourly-service/]Private Sedan Service Hourly Service[/url]
For a more intimate and sleek travel experience, our Private Sedan Service is the ideal choice. Our hourly service allows you to book a professional chauffeur who will cater to your every need throughout your journey. Perfect for business meetings, airport transfers, or special occasions, our sedans combine style, comfort, and efficiency.
[url=https://bdlxlimo.com/pricing-a-limo-or-party-bus/]Pricing a Limo or Party Bus[/url]
When it comes to Pricing a Limo or Party Bus, we ensure transparency and value. Our rates are competitive and designed to fit various budgets without compromising on quality. Our limos and party buses are equipped with premium features such as plush seating, state-of-the-art sound systems, and ambient lighting, making them perfect for any celebration. Whether you’re planning a wedding, birthday, or corporate event, our pricing ensures you get the best value for your special day.
At our Limo Service, we prioritize your comfort, safety, and satisfaction. Our fleet of luxury vehicles and professional chauffeurs guarantee a seamless and enjoyable experience. Contact us today to book your Private SUV Car Service by the Hour, Private Sedan Service Hourly Service, or to inquire about Pricing a Limo or Party Bus.