-8.7 C
New York
January 21, 2025
Americas Business Canada Donald Trump Foreign policy Greenland news Panama Trump administration US news US politics World news

Trump considers declaring national economic emergency to impose tariffs

Trump considers declaring national economic emergency to impose tariffs

Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada

Donald Trump is mulling over the idea to declare a national economic emergency to impose widespread tariffs, CNN reports, as the president-elect escalates threats to seize the Panama Canal, acquire Greenland and force Canada into becoming a US state.

The emergency powers move would allow Trump to implement broad tariff measures against both allies and adversaries through the International Economic Emergency Powers Act, according to four sources familiar with the discussions.

Continue reading…

Related posts

The new malaria vaccine will prevent many deaths – but it’s by no means the end of the disease

TheWorldsNews

Peru declares state of emergency in Lima after weeks of protests

TheWorldsNews

Plant fossils turn out to be turtles in ‘unusual misidentification’

TheWorldsNews

Pin It on Pinterest

Share This