Day: November 26, 2024

Donald Trump says he will sign executive order imposting 25% tariff on products coming into the US from Mexico and Canada with additional tariff for China

Trump’s threatened new tariffs could violate the terms of the US-Mexico-Canada Agreement (USMCA) on trade, Reuters report. The deal, which Trump signed into law, took effect in 2020 and continued the largely duty-free trade between the three countries.

During the rancorous talks leading to the USMCA, Canada and the United States at one point imposed sanctions on each others’ products. Trump will have the opportunity to renegotiate the agreement in 2026, when a “sunset” provision will force either a withdrawal or talks on changes to the pact.

“President-elect Donald Trump has promised to implement sweeping new tariffs aimed at protecting American industries, promoting domestic manufacturing, and reducing reliance on foreign imports.

“However, tariffs imposed during the first Trump term – and continued and extended under Biden – did not achieve all of the promised outcomes. Furthermore, our research shows that if the new tariffs are fully passed on, they could increase inflation and cost American consumers up to $2,400 per capita annually. Continue reading…
http://dlvr.it/TGPLXp

President-elect attacks neighbors over immigration and accuses China over fentanyl entering US

* Business live – latest updates

Donald Trump has said that he will sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada, and additional tariffs on China, once he becomes US president again.

“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump said in a post on Truth Social. Continue reading…
http://dlvr.it/TGPLL1

Minor Hotels, an international hotel owner, operator and investor with more than 550 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, announces the upcoming addition to its portfolio in Africa – Anantara Stanley & Livingstone Victoria Falls Hotel. A debut for both Minor Hotels and Anantara Hotels & Resorts in Zimbabwe, the property complements The Royal Livingstone Victoria Falls Zambia Hotel by Anantara to complete an unparalleled Victoria Falls offering with luxury accommodation on both sides of the Zambezi River.
http://dlvr.it/TGPF3m

Staypineapple, the national boutique hotel brand, has launched their highly anticipated Black Friday sale, offering savings of 35% for reservations made on staypineapple.com. Beginning November 25, 2024 and running through Cyber Monday, the offer is good for stays through December 15, 2025.
http://dlvr.it/TGPF3l

President-elect attacks neighbors over immigration and accuses China over fentanyl entering US, prompting embassy to say ‘no one will win a trade war’

* US politics – live updates

Donald Trump said on Monday he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada and additional tariffs on China.

“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump said in a post on Truth Social. Continue reading…
http://dlvr.it/TGP3Db