Trump's New Tariffs: How 25% on Canada, Mexico & 10% on China Will Hit YOUR Wallet!
Published: 2025-01-08
Status:
Available
|
Analyzed
Published: 2025-01-08
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Proposal for a 10% tariff on all goods imported from China.
"Donald Trump is proposing an additional 10% tariff on all Chinese goods"
Pending
Proposal for a 25% tariff on all goods imported from Mexico and Canada.
"and another 25% tariff on all products from Mexico and Canada"
Pending
Historical offer by President Truman to buy Greenland for $100 million (equivalent to $1.3 billion in 2025 dollars).
"President Harry Truman at the time offered Denmark $100 million worth of gold in exchange for Greenland which is equivalent to about 1.3 billion in today's dollars"
Pending
Donald Trump expressed interest in buying Greenland in 2019 but no formal public offer was made.
"in 2019 during his first presidency Mr Trump said that he wanted to buy Greenland but he never made any formal offers at least not one the public knows about"
Pending
The US initially acquired control of the Panama Canal in 1904 for $40 million, plus an additional $10 million upfront and $250,000 annually.
"the US gained control of it in 1904 when it bought the project from the French for $40 million and it negotiated a deal with Panama for an additional 10 million upfront and $250,000 per year"
Pending
Trump's vision to make Canada the 51st state would eliminate trade barriers and tariffs, fostering a unified North American economy.
"by making Canada the 51st state Mr Trump's Vision could get rid of barriers and tariffs creating a huge unified North American economy"
Pending
Bilateral trade between the US and Canada is over $600 billion annually.
"Canada is the second biggest trading partner for the US with what's called bilateral trade amounting to over $600 billion per year"
Pending
Approximately $1.7 billion worth of goods and services cross the US-Canada border daily.
"every single day about 1.7 billion dollars worth of stuff and services crosses the US Canada border"
Pending
The US imports about 60% of Canada's oil production, making Canada the top foreign energy supplier.
"the US already Imports about 60% of Canada's oil production making it the top foreign supplier of energy to the United States"
Pending
Donald Trump proposes a 10% tariff on Chinese goods and a 25% tariff on goods from Mexico and Canada.
"Donald Trump is proposing an additional 10% tariff on all Chinese goods and another 25% tariff on all products from Mexico and Canada"
Pending
Illegal crossings at the US-Canada border surged between 2021 and 2024, and Trump believes Mexico and Canada need to take more responsibility for preventing these issues.
"Mr Trump argues that both countries Mexico and Canada need to take more responsibility for preventing these problems from spilling over into the United States illegal Crossings for example at the US Canada Border have surged dramatically in recent years from 2021 to 2024"
Pending
Donald Trump's strategy of proposing extreme demands (like buying Greenland or the Panama Canal) is a negotiation tactic known as anchoring, designed to shift the starting point and make subsequent proposals seem more reasonable.
"Mr Trump is just very clever and what I think he's doing is a concept called anchoring now anchoring is about presenting an extreme or outrageous demand at the start of a negotiation to set the tone which shifts the perceived starting point"
Pending
Trump's past use of anchoring, by threatening to cancel NAFTA, allowed him to secure changes to the deal that Canada and Mexico might not have otherwise agreed to.
"he did it if you remember when he told everyone that NAFTA was the worst trade deal ever he said he would cancel the entire deal Canada and Mexico freaked out and he was able to make changes to that deal which they otherwise would have never agreed to"
Pending
In 2024, US border agents seized significant quantities of fentanyl, heroin, and methamphetamine originating from Canada.
"and in 2024 US border agents seized 43 lb of fentanyl 72 lb of heroin and 185 lb of methamphetamine Crossing from Canada"
Pending
In 2024, US border agents seized 43 lbs of fentanyl originating from Canada.
"in 2024 US border agents seized 43 lb of fentanyl Crossing from Canada"
Pending
President Harry Truman offered Denmark $100 million (equivalent to $1.3 billion today) for Greenland in 1946.
"President Harry Truman at the time offered Denmark $100 million worth of gold in exchange for Greenland which is equivalent to about 1.3 billion in today's dollars"
Pending
In 2024, US border agents seized 72 lbs of heroin originating from Canada.
"72 lb of heroin and 185 lb of methamphetamine Crossing from Canada"
Pending
In 2019, Donald Trump expressed interest in buying Greenland but did not make any formal offers.
"in 2019 during his first presidency Mr Trump said that he wanted to buy Greenland but he never made any formal offers"
Pending
In 2024, US border agents seized 185 lbs of methamphetamine originating from Canada.
"and 185 lb of methamphetamine Crossing from Canada"
Pending
The US controlled and owned the Panama Canal from 1904, having purchased it from the French.
"for almost 100 years the US controlled the canal and the surrounding Canal Zone and the US in fact used to own the Panama Canal The US gained control of it in 1904 when it bought the project from the French for $40 million"
Pending
Illegal crossings at the US-Canada border saw a significant surge between 2021 and 2024.
"illegal Crossings for example at the US Canada Border have surged dramatically in recent years from 2021 to 2024 there was a huge increase"
Pending
Trump's vision of Canada becoming the 51st state aims to eliminate trade barriers and tariffs, creating a unified North American economy.
"by making Canada the 51st state Mr Trump's Vision could get rid of barriers and tariffs creating a huge unified North American economy"
Pending
Canada is the US's second-largest trading partner, with bilateral trade exceeding $600 billion annually.
"Canada is the second biggest trading partner for the US with what's called bilateral trade amounting to over $600 billion per year"
Pending
The US imports approximately 60% of Canada's oil production, making Canada its primary foreign energy supplier.
"the US already Imports about 60% of Canada's oil production making it the top foreign supplier of energy to the United States"
Pending
Donald Trump employs an 'anchoring' negotiation tactic by making extreme demands to shift the perceived starting point and make subsequent compromises appear more reasonable.
"I think Mr Trump is just very clever and what I think he's doing is a concept called anchoring now anchoring is about presenting an extreme or outrageous demand at the start of a negotiation to set the tone which shifts the perceived starting point"
Pending
Trump's threat to cancel NAFTA led to renegotiations and changes to the deal that Canada and Mexico might not have otherwise agreed to.
"he did it if you remember when he told everyone that NAFTA was the worst trade deal ever remember those headlines he said he would cancel the entire deal Canada and Mexico freaked out and he was able to make changes to that deal"
Pending