President-elect Donald Trump promised massive hikes in tariffs on goods from Mexico, Canada and China starting on the first day of his administration. The move will be in retaliation for illegal immigration and “crime and drugs” coming across the border, he said. Mexico’s president responded, saying that “neither threats nor tariffs” will solve immigration or drug issues in the US. Catch up on CNN’s coverage:
0:00 CNN’s Erica Hill reports on the fallout after President-elect Donald Trump promised massive hikes in tariffs on goods from Mexico, Canada and China. CNN’s Vanessa Yurkevich looks at how these tariffs could impact your bottom line.
4:01 Mexican Ambassador to the US Esteban Moctezuma Barragán joins CNN’s Erica Hill and shares his reaction.
9:19 A panel of economics and political commentators join CNN’s Erica Hill to discuss.
14:25 CNN’s Paula Newton and Anna Stewart break down the reactions from Canadian, Mexican and Chinese leaders to the tariff threats.
20:46 CNN’s Tom Foreman looks closely at what product prices could increase because of Trump’s tariffs.
23:46 CNN’s Harry Enten breaks down data showing how Americans view tariffs, with some approving even if prices will go up.
26:10 Portugal’s Central Bank governor Mário Centeno told CNN’s Richard Quest that the US will suffer first if it imposes tariffs on Europe. Quest spoke with Centeno at the CNN Portugal International Summit on Monday before Trump’s announcements.
#CNN #News
