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How Will Mexico, Canada Tariffs Impact The Economy?

How Will Mexico, Canada Tariffs Impact The Economy?

Yahoo04-03-2025

Joseph Lavorgna, SMBC Nikko Securities American Chief US Economist & Former Chief Economist for the White House National Economic Council, talks about President Trump announcing 25% tariffs on both Mexico and Canada will take effect Tuesday and discusses what the economic impacts will be. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."

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LOS ANGELES (AP) — Another 2,000 National Guard troops along with 700 Marines are headed to Los Angeles on orders Monday from President Donald Trump, escalating a military presence local officials and Gov. Gavin Newsom don't want and the police chief says creates logistical challenges for safely handling protests. An initial 2,000 Guard troops ordered by Trump started arriving Sunday , which saw the most violence during three days of protests driven by anger over Trump's stepped-up enforcement of immigration laws that critics say are breaking apart migrant families. Monday's demonstrations were far less raucous, with thousands peacefully attending a rally at City Hall and hundreds protesting outside a federal complex that includes a detention center where some immigrants are being held following workplace raids across the city. Trump has described Los Angeles in dire terms that Mayor Karen Bass and Newsom say are nowhere close to the truth. 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