'Tariffs are not the answer': Industry and corporate leaders react to Trump duties on Mexico, Canada and China
2025-02-02 10:40:53 source：CNBC
February 1, 2025
Industry and corporate leaders are weighing in after U.S. President Donald Trump followed through with his threat to impose tariffs on Canada, Mexico and China.
On Saturday, the Trump administration's senior trade and manufacturing adviser Peter Navarro confirmed the president will follow through on 25% tariffs on imports from Mexico and Canada, as well as a 10% duty on China. Energy resources from Canada will have a lower 10% tariff.
A range of industries, from homebuilders to alcohol producers, detailed the impact tariffs would have on their businesses and consumers. Other company leaders voiced their concerns about the threat of tariffs ahead of Saturday's order. Here are some of their statements.
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https://www.cnbc.com/2025/02/01/tariffs-are-not-the-answer-industry-and-corporate-leaders-react-to-trump-tariffs-on-mexico-canada-and-china.html