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President Trump Announces Tariffs On Canada, Mexico, And China

Donald Trump smile

Over the weekend, President Donald Trump announced tariffs on Canada, Mexico, and China, with House Speaker Mike Johnson stating that these tariffs will generate revenue for the government. Johnson emphasized the potential for significant savings through increased government efficiency and effectiveness, fulfilling promises made to the American people. The tariffs will impose a 25% duty on imports from Mexico and most goods from Canada, along with a 10% tariff on Chinese imports, set to take effect on Tuesday.

House Speaker Johnson aims to generate revenue through tariffs.
President Trump imposed tariffs on Canada, Mexico, and China.
Tariffs set to take effect on Tuesday with varying rates for different countries.

Johnson expressed confidence in uniting the House GOP conference around an agenda bill that could pass with a simple majority in both chambers. Negotiations are underway among House Republicans to determine the specifics of this agenda, with a focus on extending the Trump-era tax cuts without significantly impacting the deficit.

Additionally, Johnson revealed plans to meet with Israeli Prime Minister Benjamin Netanyahu on Capitol Hill this week. He highlighted the close relationship he has developed with Netanyahu over the past year and a half as Speaker of the House, emphasizing frequent communication between the two leaders.

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