Trump Threatens More Wall and Tariffs
Trump doubles Down on Tariffs, Border Wall Plans in First Post-Election Press Conference
Palm Beach, FL – President-elect Donald Trump reaffirmed his commitment to imposing tariffs on goods from Mexico and Canada, vowing to build a border wall and crack down on illegal immigration during his first press conference sence winning the election.
speaking from his Mar-a-Lago residence, Trump reiterated his stance on trade, claiming that the U.S. is “losing a tremendous amount of money” with both Mexico and Canada. He threatened to impose a 25% tariff on imports from both countries unless they take action to stem the flow of migrants and fentanyl across the border.
“We’re subsidizing Canada. We’re subsidizing Mexico,” Trump declared. “Why are we supporting and giving other countries hundreds of billions of dollars? ItS not fair. It’s not right. And the people of Mexico and Canada understand that perfectly.”
Trump also announced plans to resume construction of the border wall with Mexico, a project he had championed during his campaign. He acknowledged the high cost, stating, “It’s a very expensive process, a very expensive wall,” but emphasized the use of “very strong concrete and rebar.”
“We’re going to spend hundreds of millions of dollars more to build the same wall that we already have,” trump saeid.This renewed focus on the border wall comes after Trump criticized Mexico City Mayor Claudia Sheinbaum for the flow of migrants, violence, and drug trafficking.
In addition to the border wall, Trump pledged to implement stricter immigration policies, including mass deportations. He lamented that the COVID-19 pandemic had interrupted his previous efforts but vowed to “instantly restore America’s sovereign borders and stop illegal immigration, which costs us, I believe, trillions of dollars a year. I think it’s a cost like never before seen.”
Trump’s comments on trade and immigration have sparked controversy, with economists and officials from Mexico and Canada warning that tariffs could harm the U.S. economy.
Separately, reports indicate that Trump’s transition team is recommending meaningful changes to U.S. policy on electric vehicles, including cutting support for electric vehicle purchases and charging stations, and tightening restrictions on imports of car parts and battery materials from China.
TrumpS Protectionist Plans Resurface: Doubling Down on Tariffs and the Border Wall
Palm Beach, FL – In his first post-election press conference, President-elect Donald Trump doubled down on his campaign promises, signaling a return to protectionist policies with renewed focus on tariffs and immigration control. Speaking from his Mar-a-Lago estate,Trump reiterated his belief that the U.S. is being taken advantage of in trade deals with Mexico and Canada, vowing to impose a 25% tariff on goods from both countries unless they take action to curb migration and fentanyl trafficking.
“We’re subsidizing canada. We’re subsidizing Mexico,” Trump declared, claiming that these trade relationships cost the U.S. “hundreds of billions of dollars.” Dismissing potential economic fallout, Trump asserted that the people of both countries understand the unfairness of the current situation.
Trump also confirmed his commitment to restarting construction on a border wall with Mexico, acknowledging its high cost while emphasizing its formidable construction. This renewed focus on the wall follows recent criticism Trump levied against Mexico City Mayor Claudia Sheinbaum regarding migration, violence, and drug trafficking.
Furthering his hardline stance on immigration, Trump pledged to implement stricter policies, including mass deportations, vowing to “instantly restore America’s sovereign borders and stop illegal immigration.”Citing the COVID-19 pandemic as an obstacle to his previous efforts, he estimated the annual cost of illegal immigration to be in the trillions of dollars.
However,Trump’s protectionist rhetoric has sparked alarm amongst economists and officials in Mexico and Canada who warn of the potential negative economic consequences for the U.S. Adding to the controversy, reports indicate that trump’s transition team is also proposing critically important changes to U.S. electric vehicle policy,including cuts to purchase incentives and charging station infrastructure,alongside tighter restrictions on imports of car parts and battery materials from China.