The one month is to allow adjustments the auto companies have to make for when the tariffs finally go into effect. China is saying the country is ready to go to war. Xi is not talking about a trade war.
Trump needs to stop his bullying and ideation about being king and be a president to a democracy that effects the stability of the world. Trump is amused by all the disruption as if to say, "Oh, you all didn't know I could do all this, ha, ha, ha." The problem is he is the only one on the globe laughing.
Project 2025 is an ideological disaster. There is no doubt about that. I guess Project 2025 wants apocalypse now.
By Camila Domonoske
As President Trump's once-postponed 25% tariffs on Canada and Mexico (click here) are poised to transition from a threat to a reality, the auto industry is preparing for higher costs and an extraordinary disruption to their North American supply chains.
"The tariffs are all set," Trump told reporters on Monday afternoon, saying that there was no room for Canada or Mexico to negotiate another reprieve. "They go into effect tomorrow."
Trump also says he will double the tariffs he imposed on China last month, from 10% to 20%.
Speaking on Monday, Trump called his announcement "very exciting" for the auto industry and said it would benefit from his tariff plan. "So what they have to do is build their car plants, frankly, and other things in the United States, in which case they have no tariffs," Trump said....