President Donald Trump has threatened to impose increased tariffs on Mexico, Canada, and China starting Saturday, potentially raising prices for goods from these key trading partners. This move could significantly affect the economy of three of America’s most important trading nations.
In addition to the tariffs, Trump’s proposed tariffs could target over 40% of all imports, which is a substantial portion of U.S. consumption. The federal government has already been impacted by Trump’s executive orders, including stripping employment protections from civil servants and attempting to end birthright citizenship. These actions could further complicate the economy.
Federal workers are also at risk due to Trump’s administration. His first-day orders include putting federal diversity, equity, and inclusion employees on leave, banning remote work, and stripping job protections for civil servants. This wave of executive orders has already created uncertainty across federal departments.
Moreover, a recent court ruling has blocked Trump’s proposed federal funding freeze for loans and grants, which has left Washington in confusion. The judge’s decision to halt the pause could further destabilize federal operations as Trump continues to implement his policies.
The combination of tariffs, executive orders, and court rulings highlights how deeply intertwined Trump’s administration is with the broader economy and federal system. As these actions unfold, the impact on prices and worker protections will be closely monitored.
Source: https://www.washingtonpost.com/business/2025/01/27/trump-tariffs-mexico-china-canada-prices