Trump says 25% tariffs on Canada and Mexico coming on Feb. 1 as he signs several orders on economy
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President Donald Trump announced 25% tariffs on Canada and Mexico starting February 1, 2025; he signed executive actions aimed at cutting energy prices and inflation; Trump blamed inflation on Biden's $1.9 trillion pandemic aid; he plans to open Arctic National Wildlife Refuge for oil drilling; Trump declared a national energy emergency; he signed a directive for federal agencies to review costs of housing, health care, and food; Trump stated tariffs would 'make us rich as hell'; Canadian Finance Minister Dominic LeBlanc prepared for trade status changes; inflation rose globally post-COVID-19 and worsened after Russia's invasion of Ukraine; the Federal Reserve raised interest rates 11 times in 2022 and 2023; inflation peaked at 9.1% in mid-2022 but dropped to 2.9% in December 2023; grocery prices increased by 27% since February 2021.
#Trump #Tariffs #Canada #Mexico #Economy #Inflation #Energy #ExecutiveOrders #Biden #Trade
https://www.whec.com/national-world/trump-says-25-tariffs-on-canada-and-mexico-coming-on-feb-1-as-he-signs-several-orders-on-economy/
News10NBC /
npub1gc…z9cck
2025-01-21 02:51:59
Author Public Key
npub1gcycye4seh43pkc2r8eylt7ekynsm96qm2yj0f67nhgerpjeu72qgz9cckPublished at
2025-01-21 02:51:59Event JSON
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"content": "Trump says 25% tariffs on Canada and Mexico coming on Feb. 1 as he signs several orders on economy\n==========\n\nPresident Donald Trump announced 25% tariffs on Canada and Mexico starting February 1, 2025; he signed executive actions aimed at cutting energy prices and inflation; Trump blamed inflation on Biden's $1.9 trillion pandemic aid; he plans to open Arctic National Wildlife Refuge for oil drilling; Trump declared a national energy emergency; he signed a directive for federal agencies to review costs of housing, health care, and food; Trump stated tariffs would 'make us rich as hell'; Canadian Finance Minister Dominic LeBlanc prepared for trade status changes; inflation rose globally post-COVID-19 and worsened after Russia's invasion of Ukraine; the Federal Reserve raised interest rates 11 times in 2022 and 2023; inflation peaked at 9.1% in mid-2022 but dropped to 2.9% in December 2023; grocery prices increased by 27% since February 2021.\n\n#Trump #Tariffs #Canada #Mexico #Economy #Inflation #Energy #ExecutiveOrders #Biden #Trade\n\nhttps://www.whec.com/national-world/trump-says-25-tariffs-on-canada-and-mexico-coming-on-feb-1-as-he-signs-several-orders-on-economy/",
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