'Tariffs Are Incoming Tomorrow,' White House Says

Contributing sentiments towards policy:

53% : However, Glas said, "we are extremely concerned by the imposition of 25 percent tariffs on Mexico and Canada, which represent an important export market for U.S. textiles." Doing so would undermine the United States-Mexico-Canada Agreement (USMCA), which allows for duty-free trade between the three nations on a range of products.
52% : More from Sourcing Journal "I was just with the president in the Oval Office, and I can confirm that tomorrow, the February 1 deadline that President Trump put into place in a statement several weeks ago, continues," Leavitt told reporters during a scheduled briefing.
46% : " The Washington, D.C. trade group's president and CEO, Kim Glas, said it is "grateful that President Trump fully recognizes the devastating impact that China has had on global markets.
37% : Meanwhile, Footwear Distributors and Retailers of America (FDRA) president and CEO Matt Priest said he's wary that the threat of duties (which he believes Trump is using as a bargaining chip to achieve his political goals) could land the U.S. and its trade partners in a "trade purgatory" where tensions remain elevated and solutions remain elusive.
34% : Asked whether the administration could guarantee that the added duties would not increase prices for U.S. consumers, she said, "Americans who are concerned about increased prices should look at what President Trump did in his first term: he effectively implemented tariffs, and the average inflation rate during the first Trump administration was 1.9 percent."
34% : The press secretary said moving forward, Trump "is intent on ensuring that he effectively implements tariffs while cutting inflation and costs for the American people.
33% : If Trump moves forward with his duty scheme, Priest said it could jump-start a chain reaction with significant consequences.

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