Trump set to impose sweeping reciprocal tariffs within hours: ‘The big one’
Global News
The United States is expected to impose reciprocal tariffs against its trading partners, U.S. President Donald Trump warned in a post on his platform Truth Social.
Donald Trump is going to impose reciprocal tariffs on Thursday afternoon, the U.S. president said in a post on his Truth Social platform.
“NEWS CONFERENCE ON RECIPROCAL TARIFFS TODAY, 1:00 P.M., THE OVAL OFFICE. MAKE AMERICA GREAT AGAIN!!!” Trump said in the post.
He posted earlier in the day, saying it was going to be a “big one.”
“THREE GREAT WEEKS, PERHAPS THE BEST EVER, BUT TODAY IS THE BIG ONE: RECIPROCAL TARIFFS!!! MAKE AMERICA GREAT AGAIN!!!”
Trump on Monday signed a pair of executive orders that will impose 25 per cent tariffs on foreign steel and aluminum on March 12, with no exceptions or exemptions.
“It’s a big deal. This is the beginning of making America rich again,” Trump said as he signed the orders in the Oval Office.
The move drew widespread condemnation from some of the United States’ closest trading partners, including Canada.
After weeks of focus on retaliatory tariffs, many may wonder what the term “reciprocal” means.
The food bank system in Mississauga says it's been forced to lay off staff and cut programs in order to keep feeding the growing number of residents who rely on food donations.
On Friday, the Quebec Liberal Party announced it had rejected Coderre's bid to enter the race and said he had five days to appeal.
'Canada will respond as appropriate in a calibrated but extremely strong way, regardless of what the U.S. moves forward with,' Prime Minister Justin Trudeau said.
The parents of a minor hockey team in Ontario are crying foul after the Greater Toronto Hockey League handed the team 14 losses over a paperwork error.
The First Nations Language Keepers Gathering is celebrating and preserving languages like Plains Cree, Swampy Cree, Woodland Cree, Dene, Saulteaux, Dakota, Nakoda and Lakota.