By Okon Ekpenyong
From day one, President Donald J. Trump has been clear about his commitment to addressing the national emergency posed by illegal crossings and drug trafficking. Since taking office for his second term on January 20, Trump has been working to fulfill his promise to his supporters. A key part of this effort is the imposition of tariffs on imports from Canada, Mexico, and China.
Tariffs: A Key Component of Trump’s Plan:
The tariffs, announced on February 4, will impose a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. Energy resources from Canada will have a reduced tariff of 10%. These tariffs are not just about trade, but also about pressuring these countries to take action on immigration and drug trafficking, which President Trump sees as a national emergency.
The National Retail Federation (NRF), a leading trade association, issued a statement regarding Trump’s imposed Tariff. The organization works to provide resources and support to students, educators, and retailers, especially in a competitive, ever-evolving market. With its extensive experience and influence in the retail industry, the NRF’s perspective on the tariffs is significant.
NRF praises the Trump-Vance administration’s goals of “strengthening trade relationships between countries and creating fair and favorable terms for America.” However, “imposing steep tariffs on three of our closest trading partners is a serious step. We strongly encourage all parties to continue negotiating to find solutions that will strengthen trade relationships and avoid shifting the costs of shared policy failures onto the backs of American families, workers, and small businesses.”
The statement by NRF says that the organization is willing to work with the administration in helping cut high inflation but does express concerns about tariffs, urging the administration to focus more on negotiation in hopes of finding solutions that would “benefit the interests of American consumers, families, workers, and small businesses.”
A Long-Standing Immigration Crisis:
The immigration crisis is not a new issue—every U.S. president since Reagan has faced significant immigration challenges. Reagan introduced the Immigration Reform and Control Act, which aimed to reduce illegal immigration while granting amnesty to millions. Clinton’s administration implemented stricter immigration policies, leading to a significant increase in deportations.
Deportation Numbers: A Comparison of U.S. Presidents: (Source: Info Graphic Site)
Deportation numbers vary significantly across administrations. Clinton had the most deportation cases, with 6,922,376 and 6,744,723 total cases. Biden has significantly higher deportation cases, totaling 4,449,599, whereas Trump’s first term recorded 3,132,269. Trump’s deportations amounted to 2002179, while Biden’s total is 280846.
Economic Implications of Tariffs:
Experts warn that Trump’s tariffs, combined with his strict deportation and immigration policies, pose significant risks to the agriculture industry, which relies heavily on immigrant labor. These tariffs and labor shortages will likely increase prices, creating economic challenges for lower-income communities. This is particularly concerning, as it could exacerbate existing economic disparities. According to the PEW Research Center, states with high imports from Canada and China will be particularly affected.
These states in the United States have the largest commercial imports from Canada: Oregon, Washington, Idaho, Montana, Wyoming, North Dakota, South Dakota, Nebraska, Iowa, Missouri, Illinois, Ohio, Maine, West Virginia, Rhode Island, Massachusetts, and New Hampshire. Meanwhile, States like California, Nevada, Arkansas, Florida, Georgia, Pennsylvania, Minnesota, Wisconsin, and Mississippi have a significant import partnership with China.
Impact on Consumers:
During the National Retail Federation Trade Show in New York, Experts said consumers could see a gradual price increase rather than an immediate spike during the imposed Tariff. Tariffs are taxes added on imported goods, which would increase costs for businesses and consumers. China is a dominant supplier of electronics, furniture, and machinery, and the tariffs imposed by Trump’s administration could lead to higher prices for these goods. Moreover, consumers could pay higher prices for everyday products from Mexico, including avocados, tomatoes, and beer. This could significantly impact the daily lives of many Americans, making the personal implications of the tariffs more tangible.
Retaliation from Canada and Mexico:
Canadian and Mexican officials have declared that if Trump imposes tariffs, Canada will respond by retaliatory tariffs on American goods. On Saturday evening, Canadian Prime Minister Justin Trudeau announced that the country would impose a 25% tariff on $155 billion worth of U.S. goods.
This could significantly increase costs for construction and manufacturing, as Canada is a significant producer of lumber and aluminum. The potential for a trade war is a serious concern with far-reaching economic implications, underlining the gravity of the situation.
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