Quotes
A general reorientation away from the U.S. will take place now no matter what. EU will try getting Mercosur completed and perhaps on getting free trade deals in the future with Canada and Mexico."
Klaus Adam, Professor of Economics at University College London told Newsweek I see no chance of U.S. manufacturing benefiting. Short-term there will be enormous costs from relocation & supply chain interruptions. In the long-term, tariffs reduce competitive pressure, which is generally not a recipe for success (except perhaps for infant industries).
Klaus Adam, Professor of Economics at University College London told Newsweek United States [needs] to do its job in the U.S., to make the arrests that need to be made in order to halt the trafficking of drugs in its own country."
Mexican President Claudia Sheinbaum Because of the tariffs imposed by the U.S, Americans will pay more for groceries, gas, and cars, and potentially lose thousands of jobs. Tariffs will disrupt an incredibly successful trading relationship. They will violate the very trade agreement that was negotiated by President Trump in his last term."
Canadian PM Justin Trudeau 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 in his speech yesterday said President Donald J. Trump is proceeding with implementing tariffs on Canada and Mexico under the International Emergency Economic Powers Act (IEEPA) to combat the extraordinary threat to U.S. national security, including our public health posed by unchecked drug trafficking … President Trump continues to demonstrate his commitment to ensuring U.S. trade policy serves the national interest."
Just so you understand, vast amounts of fentanyl have poured into our country from Mexico, and as you know also from China ... it comes in from Canada, and it comes in from Mexico, and that's a very important thing to say,
There is no motive or reason, nor justification that supports this decision that will affect our people and our nations,
Mexico’s President Claudia Sheinbaum said Tuesday, the Associated Press first reported Our tariffs will remain in place until the U.S. trade action is withdrawn, and should U.S. tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures,
The automobile sector, in particular, is likely to see considerable negative consequences, not only because of the disruption of the supply chains that crisscross the three countries in the manufacturing process, but also because of the expected increase in the price of vehicles, which can dampen demand,
No room left for Mexico or for Canada. They’re all set. They go into effect tomorrow,
Trump told reporters when asked if the US’s North American neighbors could reach a deal to put off the duties, as they did a month ago Demand eased, production stabilized, and de-staffing continued as panelists' companies experience the first operational shock of the new administration's tariff policy,
said Timothy Fiore, chair of the Institute for Supply Management's manufacturing business survey committee Very importantly, tomorrow, tariffs 25 percent on Canada and 25 percent on Mexico and that'll start,
Trump said during a Monday event about investment in U.S. chipmaking capacity Customers are pausing on new orders as a result of uncertainty regarding tariffs. There is no clear direction from the administration on how they will be implemented, so it’s harder to project how they will affect business,
said one survey respondent To the Great Farmers of the United States: Get ready to start making a lot of agricultural product to be sold INSIDE of the United States. Tariffs will go on external product on April 2nd. Have fun!”
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