Quotes
President Trump's Inauguration Day policy announcements on tariffs were more benign than expected,
said Alec Phillips, chief U.S. political economist at Goldman Sachs, in a note to clients Pursuing protectionism is just like locking one's self in a dark room. Wind and rain might be kept outside but so are light and air."
Ding referenced Chinese president Xi Jinping's 2017 speech Everything is on the table, and I support the principle of dollar-for-dollar matching tariffs,
We are prepared for every possible scenario,
It’s important to always keep a cool head and refer to the signed orders beyond the actual rhetoric.”
Mexican President Claudia Sheinbaum echoed Trudeau's sentiments, stating We know that there is always going to be a certain amount of unpredictability and rhetoric coming out from this administration.”
Canadian Prime Minister Justin Trudeau responded to Trump's comments, saying We’ve been here before... Our focus is on the substance of things, where Canada and the US do well when we do things together.”
Trudeau remains optimistic, saying That is a war that’s dying to be settled. I will get it settled before I even become president,
Trump said during a September debate with Vice President Kamala Harris in Philadelphia I think we’ll do it February 1st.”
When asked when the tariffs would be imposed, Trump said Well, there’s only half a day. I have another half a day left. We’ll see. We want to get it done.”
When President Trump was asked in the Oval Office on Monday about his promise to end the war on day one, Trump said If there are unfair tariffs, we will respond robustly and we will be there to support Canadians and protect our interests,
Trudeau said at the press conference in French when responding to a journalist’s question While less than 1% of fentanyl and illegal immigrants that enter the United States come from Canada, our government has already acted to address the concerns raised by the president about border security with an over $1 billion comprehensive border plan,
The alternative for them would be more resources from Russia, China, or Venezuela. Canada is a safe, secure, and reliable partner in an uncertain world,
Canada has all those resources, and we stand at the ready to work with the United States to create a booming and secure North American economy,
Canadian energy powers American manufacturing, businesses, and homes. Of America’s top five trading partners, Canada is the only one with whom the United States runs a trade surplus in manufacturing, and Canada buys more goods made by Americans than China, Japan and Germany combined,
I'll quote my predecessor Richard [Galanti]. He'd say when it rains, it rains on everybody. And I think for us, we faced tariffs in the past, and we believe that our merchants and buyers are equipped, as anybody is, to sort of work through and navigate and manage that situation."
As Costco CFO Gary Millerchip put it on the company's December earnings call We view Trump's decision against announcing new tariffs on his first day in office as evidence of the ongoing internal debate over how best to implement the duties, not as a sign of plans to significantly scale back or withdraw his campaign pledges to impose new duties on foreign goods,
Beacon Policy Advisors wrote in a research note One tariff will follow another in response and so on, until we put our common businesses at risk,
Sheinbaum said in a letter to Trump Regarding the decrees that President Donald Trump signed yesterday, I would like to say the following: The people of Mexico can be sure that we will always defend our sovereignty and our independence,
she said in remarks on Tuesday We will go to the extent of cutting off their energy — going down to Michigan, going down to New York State and over to Wisconsin.”
Trudeau flew down to Mar-a-Lago to dine with Trump, while Premier Doug Ford of Ontario warned
