Before launching a trade war with Canada, Donald Trump drafted a speech justifying it. After my spies in the Oval Office were fired by DOGE, they leaked his statement to me. (Laurie Baron)
Mauricio Diaz’s business ground to a halt for over 48 hours this week. Diaz, the vice president of customs broker JD Group Logistics, said the volume of imports his company sees in a week fell by 70% from midnight Tuesday to Thursday morning.
Goods from all over the world pass through California's ports of entry each day. It's a trade agreement with Mexico that has kept the flow of commerce going for three decades. So how does a 25% tariff on imports change the game?
San Diego companies that use materials and goods from other nations say in many cases costs would be passed to consumers.
Trump implementing 25 percent tariffs triggered retaliatory measures from both nations, with major corporations also warning that it could lead to potential price increases for consumers.
President Donald Trump said Monday that 25% taxes on imports from Mexico and Canada would start Tuesday, sparking renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering growth.
Posting on Truth Social on Thursday, Trump said that illicit drugs such as fentanyl are being smuggled into the United States at "unacceptable levels" and that import taxes would force other countries to crack down on the trafficking.
San Diego Wave have signed Canada international Adriana Leon from Aston Villa for an undisclosed fee. The 32-year-old scored nine goals in 37 appearances for Villa after joining from Manchester United in 2023.
Commerce Secretary Howard Lutnick said later on Tuesday that the U.S. would likely meet Canada and Mexico “in the middle,” with an announcement coming as soon as Wednesday. Lutnick told Fox Business Network the tariffs would not be paused, but that Trump would reach a compromise.
Tariffs on the two largest trading partners of the United States are expected to have far-reaching impacts that may be hard to predict.
San Diego drivers could soon feel an even greater financial strain at the pump as the Trump administration moves forward with new tariffs on Mexican and Canadian goods.