Donald Trump’s recent threat to impose 25 percent tariffs on Canada and Mexico is a negotiating tactic, the president’s long-time informal economic advisor argued Wednesday.
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US President Donald Trump spoke via videoconference at the World Economic Forum in Davos, Swiitzerland. Read more at straitstimes.com.
Though he failed to impose sweeping tariffs on day one as promised, Trump has repeated threats of applying big import duties soon, as reasons behind them shift.
Trump's virtual appearance at the World Economic Forum Annual Meeting in Davos was full of promises and threats.
The governor said she is very concerned about the president's idea to impose higher tariffs on China and new, steep tariffs on products imported from Canada and Mexico.
Donald Trump, who promised to end the Russia-Ukraine war before taking office, said it remained a top priority.