Trump tariffs live🚨:#BitcoinVsTariffs China retaliates with levies; Mexico, Canada seal deal
China has placed counter tariffs on US imports that will come into effect on February 10 after President Donald Trump placed 10 percent levies on Chinese goods.
Mexico’s President Claudia Sheinbaum and Canada’s Prime Minister Justin Trudeau have announced a 30-day suspension on US tariffs after an agreement was reached with Trump.
The Mexican and Canadian leaders have agreed to send thousands of police to their borders with the US to fight drug trafficking and undocumented migration.
The Trump administration has locked US Agency for International Development (USAID) workers out of their headquarters in central Washington, DC, as it moved to close the agency.
Democrat lawmakers have questioned the legality of billionaire Elon Musk’s role in sweeping changes at key US federal government bodies, including Treasury and USAID.
A judge in Washington, DC has extended an order pausing Trump’s plan to freeze potentially trillions in US federal government spending.
For all the chaos that Trump has unleashed, he isn’t the first US president to wage tariff wars.
In fact, he is following in steps of a series of predecessors who tried to use tariffs as a bludgeon to get other countries to follow Washington’s interests.