Original article by Will Glasgow, Joe Kelly, Jack Quail
The Australian – Page: 1 & 2 : 27-Nov-24

Professor Warwick McKibbin from the Australian National University says the new tariff regime announced by US president-elected Donald Trump represents a "dangerous step for global trade". Trump has advised via social media that one of his priorities will be signing an executive order to impose a new tariff of 10 per cent on all Chinese imports, and a 25 per cent tariff on imports from Canada and Mexico. Trump contends that the three nations are not doing enough to stop the importation of a synthetic drug called fentanyl into the US. The move is also aimed at curbing illegal immigration into the US. Steven Hamilton from George Washington University says Trump appears to be using tariffs as a ‘bargaining chip’ to extract concessions from other countries.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIAN NATIONAL UNIVERSITY, GEORGE WASHINGTON UNIVERSITY