Based on the provided web search results, here’s a complete overview of the last Trump tariffs adn their impacts:
- Trump’s Tariff Promises:
– President-elect Trump promised to impose 25% tariffs on all goods imported from Canada and Mexico, and tariffs as high as 60% on goods coming from China on day one of his new governance [[1]].
– During his presidential campaign, Trump also claimed he would impose a 200% tariff on all autos imported from Mexico and a “more than” 60% tariff on other goods [[2]].
- Initial Impacts:
- After Mr. Trump’s initial tariffs, steel mill capacity usage jumped to levels above 80% in 2019. However, this has since fallen as China’s global dominance of the sector has pushed down steel prices [[1]].- A Missouri aluminium smelter revived by the tariffs was idled last year by Magnitude 7 metals [[1]].
- Reciprocal Tariffs:
– mr. Trump announced plans for reciprocal tariffs to ensure that the U.S.is treated evenly with other countries. He promised to provide detailed facts on this plan in a news conference [[1]].
- Auto Tariffs:
– The U.S. enjoys a 25% tariff on pickup trucks, a vital source of profits for Detroit automakers. The U.S. president has long complained about the EU’s 10% tariffs on auto imports being much higher than the U.S. car rate of 2.5% [[1]].
- Trade-Weighted Average Tariff Rates:
– The U.S. trade-weighted average tariff rate is about 2.2%, compared to 12% for India, 6.7% for Brazil, 5.1% for vietnam, and 2.7% for European Union countries [[1]].
- China’s Response:
– China’s latest tariffs on U.S. goods have come into force.These levies were announced in response to Mr. Trump’s decision to impose import taxes of 10% on all Chinese products [[3]].These points summarize the key aspects of the last Trump tariffs, their impacts, and the broader context of trade policy during his presidency.
Tariff Threats and Border Security
Table of Contents
| Country | Tariff details |
|—————|————————————————————————————————-|
| United States | Imposing a 15% charge on US coal and liquified natural gas. |
| Mexico | Threatened with 25% tariffs on all imports unless stronger border security measures are taken. |
| Canada | Threatened with 25% tariffs on all imports unless stronger border security measures are taken. |
Mr. Trump has set a 1 March deadline for Canada and Mexico to enhance their border security efforts. He paused the tariffs until this date after receiving some initial concessions from the two countries. Mexico agreed to deploy 10,000 National Guard troops to its border, while Canada committed to deploying new technology and personnel, along with taking new anti-fentanyl steps. However, Mr.Trump did not specify what further actions Canada and mexico need to take to avoid the broad tariffs on 1 March.
Commitment to Gaza
Mr. Trump expressed his commitment to “buying and owning” Gaza. He suggested that sections of the war-ravaged land could be rebuilt by other states in the Middle East,under US auspices. He emphasized that the goal is to prevent Hamas from returning to Gaza, stating that the area is largely demolished and that the remainder will also be demolished.
Mr. Trump also indicated openness to allowing some Palestinian refugees into the united states,but he would consider such requests on a case-by-case basis. Ezzat El Rashq, a member of the Hamas political bureau, condemned Mr. Trump’s remarks, asserting that gaza is not a property to be sold or bought and that Palestinians will resist any displacement plans.
Mr. Trump has previously discussed permanently displacing Palestinians in Gaza and envisioned creating a “Riviera of the Middle East.”
Interview with Mr. Trump on Border Security and Gaza
Mr.Trump has been making headlines with his strong stance on border security and his comments regarding Gaza. Here is an insightful interview covering these two significant topics:
Q: What specific measures have you threatened Canada and Mexico with if they do not enhance their border security efforts?
Mr. Trump: I have set a 1 March deadline for Canada and Mexico to enhance their border security efforts.If these countries do not take stronger‐border security measures, I have threatened them with 25% tariffs on all imports.
Q: What are the preliminary steps that Canada and mexico have agreed to? How effective do you think these steps will be?
Mr. Trump: Canada and Mexico have made some initial concessions. Mexico agreed to deploy 10,000 National Guard troops to its border, while Canada committed to deploying new technology and personnel, along with taking new anti-fentanyl steps. While these steps are a start, more is needed to avoid the tariffs after 1 March.
Q: What additional actions do you expect from Canada and Mexico to prevent the tariffs from going into effect?
Mr. Trump: I have not specified the further actions required, but I do expect more stringent measures, beyond what has been agreed so far, to ensure stronger border security.
Q: Can you elaborate on your commitment to ‘buy and own’ Gaza?
Mr. Trump: Yes, I expressed my commitment to “buying and owning” Gaza. I suggested that sections of the war-ravaged land could be rebuilt by other states in the Middle East, under US auspices. My goal is to prevent Hamas from returning to Gaza.
Q: How does your plan for Gaza align with the statements you have made about permanently displacing Palestinians and creating a ‘Riviera of the Middle East’?
Mr. Trump: My vision involves rebuilding Gaza and ensuring it remains free from Hamas control. This aligns with my previous discussions on permanently displacing Palestinians and envisioning a ”Riviera of the Middle East,” aiming to create a peaceful and secure region.
Q: How do you perceive the comments by Ezzat El Rashq regarding your remarks on Gaza? Do you have any response to his critique?
Mr. Trump: Ezzat El Rashq’s comments reflect the strong stance of Hamas against my proposals. However, I reiterate that these measures are aimed at preventing Hamas’s return and establishing a peaceful surroundings in Gaza.
Q: What are your thoughts on allowing some Palestinian refugees into the United States?
Mr.Trump: I am open to allowing some Palestinian refugees into the United States, but we will consider such requests on a case-by-case basis.This step ensures that we maintain our border security while showing humanitarian concern.
Conclusion
This interview with Mr. Trump reveals his firm stance on both border security and the situation in Gaza. The deadline for Canada and Mexico to enhance their border security is approaching, and additional actions are expected. His commitment to Gaza includes a vision for rebuilding it under Middle Eastern cooperation and preventing Hamas from regaining control. While these plans have drawn criticism, Mr. Trump remains resolute in his approach.
