Donald Trump Threatens 25% Tariffs on Canada and Mexico

WSJ Opinion: Potomac Watch

The Wall Street Journal

News, Society & Culture

4.2 • 2.8K Ratings

🗓️ 26 November 2024

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The president-elect says that one of his first actions on Jan. 20 will be to impose steep across-the-board tariffs on imports from America's two neighbors, "until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!" Is this a serious proposal or a negotiating tactic, and what does it mean for the USMCA trade deal that Trump himself signed? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Shopify.
0:02.9	Looking to start a side hustle or become your own boss?
0:05.7	Do it with Shopify.
0:06.8	Whether you're selling succulence or stilettos,
0:09.2	Shopify has the industry leading tools to help you create, control and grow your own business.
0:13.8	So get serious about selling and get Shopify today.
0:16.8	Sign up for a £1 per month trial period at Shopify.com.
0:20.4	com slash special offer or lowercase trial period at Shopify.com.com slash special offer, or lowercase.
0:23.0	That's Shopify.com.com slash special offer.
0:29.0	From the opinion pages of the Wall Street Journal, this is Potomac Watch.
0:35.3	Donald Trump promises immediate tariffs on Mexico and Canada upon taking office next year,
0:42.1	but is this bluster for negotiation or signs of a broader Trump approach toward tariffs and
0:48.4	trade in his second term? Welcome, I'm Kyle Peterson with the Wall Street Journal. We're joined today by my colleagues,
0:56.1	columnist Alicia Finley, and editorial board member Manet Uquay Barua. About 630 on Monday evening,
1:03.6	Donald Trump sent out the tweet, heard around the world, or at least heard in America's
1:08.7	trading partners in the USMCA agreement. Here's what he said.
1:13.2	Thousands of people are pouring through Mexico and Canada, bringing crime and drugs at levels
1:18.8	never seen before. Right now, caravan coming from Mexico, composed of thousands of people,
1:23.7	seems to be unstoppable in its quest to come through our currently open border.
1:28.2	On January 20th, as one of my many first executive orders,
1:32.9	I will sign all necessary documents to charge Mexico and Canada a 25% tariff on all products coming into the United States.
1:42.2	This tariff will remain in effect until such time as drugs,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.