Prime Minister Justin Trudeau said Canada will be imposing 25 percent tariffs on $155 billion worth of U.S. imports in response to President Donald Trump's order to place 25 percent...
February 02, 2025 | | |
WORDS OF WISDOM | "Mediocrity knows nothing higher than itself, but talent instantly recognizes genius." | ARTHUR CONAN DOYLE | | Today we're covering the incoming tariffs on Canada, Mexico, and China, an unexpected rise in mortality among young Americans, and the seizure of two ships in the Baltic Sea on suspicion of undersea cable sabotage. | TOP STORIES | | U.S. Imposes Tariffs on China, Canada, and Mexico President Donald Trump signed three executive orders on Saturday to impose 25 percent tariffs on goods from Canada and Mexico and an additional 10 percent levy on China. Trump said the tariffs were imposed via the International Emergency Economic Powers Act "because of the major threat of illegal aliens and deadly drugs killing our citizens, including fentanyl."
Canada and Mexico moved to retaliate with measures of their own. China did not issue a response. Prime Minister Justin Trudeau said Canada will be imposing 25 percent tariffs on $155 billion worth of U.S. imports. During the first stage, the 25 percent retaliatory tariffs will target $30 billion worth of U.S. imports starting on Feb. 4, the same day the American tariffs are set to begin. Tariffs on an additional $125 billion worth of U.S. goods will go in effect in 21 days, to allow impacted Canadian companies to adjust their supply chains.
Mexico President Claudia Sheinbaum ordered her economy secretary to impose retaliatory tariffs, but did not provide any specifics. (More) | Fiery Plane Crash in Philadelphia Kills 7 Seven people were killed—including one on the ground—when a medical transport jet crashed into a Philadelphia neighborhood Friday night. Officials warned that the death toll could rise as investigators and responders work through the devastation.
The plane, a Learjet 55 operated by Jet Rescue Air Ambulance, was carrying a child patient, her mother, and four others when it plunged to the ground shortly after takeoff and exploded. Philadelphia Mayor Cherelle Parker confirmed in a Feb. 1 statement that all six people on board the plane died and one more perished on the ground.
All six people aboard were from Mexico. The child patient on board had been treated in Philadelphia for a life-threatening condition and was being transported home, according to Jet Rescue spokesperson Shai Gold. After a stop in Missouri, the flight's final destination was to be Tijuana. (More) | 6 Americans Detained in Venezuela Released After Visit by Trump Envoy Six American citizens who had been held in Venezuela were freed following a meeting between President Nicolás Maduro and Richard Grenell, a senior U.S. official, according to the Trump administration. Grenell shared an image on social media platform X of himself and the freed individuals on an aircraft on Friday. "We are wheels up and headed home with these 6 American citizens," he wrote. "They just spoke to [President Donald Trump] and they couldn't stop thanking him."
Grenell did not identify the former prisoners. His brief visit to Venezuela primarily focused on two key issues: Trump's efforts to deport Venezuelans back to their home country, which currently does not accept them, and securing the release of detained Americans, White House officials said.
Trump told reporters on Friday that the meeting with the Venezuelan leader was not meant to give credibility to the Maduro presidency, which is not recognized by the United States and a number of other countries. (More) How did you enjoy today's Morning Brief? Tell us what you think here. | MORE TOP NEWS | | | | | | | INSPIRED | | EPOCH TV | | | OPINION | | | EPOCH FUN | | | |
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