https:\/\/www.yahoo.com\/finance\/news\/new-trump-tariffs-on-mexico-canada-and-china-set-to-start-tuesday-221835200.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"“President Donald Trump moved forward Saturday with his plans for tariffs on Canada, Mexico and China, ending a guessing game about how aggressively he would move to penalize America’s three largest trading partners.
\nThe tariffs \u2014 as Trump has promised since after his election win \u2014 will be 25% duties on Canada and Mexico and 10% on China over issues of fentanyl and illegal migration.”<\/p>\n
…<\/p>\n
“tariffs on crucial energy imports from Canada will be lower, with 10% duties on those products. The carveout was an acknowledgment of US and Canadian energy interdependence.<\/p>\n
Trump said the drug and migration issues constituted a national emergency and moved forward on the duties using authority in the 1977 International Emergency Economic Powers Act (IEEPA).”<\/p>\n
…<\/p>\n
“”Tariffs are simply taxes,” wrote Sen. Rand Paul, who is a vocal Trump advocate on other fronts. \u201cTaxing trade will mean less trade and higher prices.”<\/p>\n
The Canadian Chamber of Commerce added its own blistering statement that called Trump\u2019s move \u201cprofoundly disturbing\u201d and added that it \u201cwill have immediate and direct consequences on Canadian and American livelihoods.\u201d”<\/p>\n
https:\/\/www.yahoo.com\/finance\/news\/new-trump-tariffs-on-mexico-canada-and-china-set-to-start-tuesday-221835200.html<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[293,221,217,165,272,355,314,945,208,141,226,170,619],"class_list":["post-16291","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-canada","tag-donald-trump","tag-economics","tag-economy","tag-foreign-affairs","tag-foreign-policy","tag-international-relations","tag-mexico","tag-tariffs","tag-taxes","tag-trade","tag-trump","tag-united-states"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/16291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16291"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/16291\/revisions"}],"predecessor-version":[{"id":16292,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/16291\/revisions\/16292"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}