A majority of senators voted to end the emergency underpinning an additional 40% tariff on the majority of Brazilian goods, with four Republicans joining the entire Democratic caucus.
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President Donald Trump wrote on social media that because of the "serious misrepresentation of the facts" in an ad the government of Ontario ran during the World Series, using excerpts of a Ronald Reagan speech, "I am increasing the Tariff on Canada by 10% over and above what they are paying now. " It's not clear what this would apply to.
President Donald Trump, after a commercial aired in Ontario with audio from Ronald Reagan pointing out that tariffs harm the country that imposes them, declared on social media after 11 p.m. Oct. 23, "Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED."
President Donald Trump pushed back on complaints from cattle ranchers and politicians who have large cattle industries in their states, arguing that the 50% tariff he put on Brazilian beef already juiced their bottom lines.
President Donald Trump said on social media that the CEOs of General Motors and Ford, Mary Barra and Bill Ford, “just called to thank me for putting Tariffs on Mid Size and Large Size Trucks. Their Stock has gone through the roof! They told me that, without Tariffs, it would be a very hard, long ‘slog’ for Truck and Car Manufacturers in the United States. I told them, it’s very simple, this is a National Security matter. With the Tariffs, we have a strong and powerful Economy and Country. Without them, we have the exact opposite!”
EU and Chinese officials are planning to meet in Brussels in the “coming days” to discuss China’s new export controls over rare earths 2510090021), said Maros Sefcovic, the EU’s trade and economic security commissioner, in an Oct. 21 social media post. Sefcovic said Chinese Commerce Minister Wang Wentao will travel to Europe, and the EU hopes to “find urgent solutions on export controls.”
President Donald Trump confirmed to reporters on his plane on Oct. 19 that he intends to hike tariffs on Colombian goods on Oct. 21. He had earlier attacked Colombia's president on social media, calling him "an illegal drug leader," and saying that the U.S. no longer would give money to Colombia so that it can work to stop cocaine trafficking.
President Donald Trump, when asked if another 100% tariff on top of existing tariffs on Chinese goods would damage the economy, said, "It's not sustainable, but that's what the number is."
President Donald Trump posted on social media that he and Russian President Vladimir Putin had a long, "very productive" phone call on Oct. 16. In addition to talking about the ceasefire in Gaza and the first lady's efforts to get Ukrainian children held in Russia or Russia-occupied Ukraine back to their parents in free Ukraine, "we also spent a great deal of time talking about Trade between Russia and the United States when the War with Ukraine is over," he wrote.
President Donald Trump, on his way to Israel, softened his message on tariffs on Chinese goods. When asked if imposing those tariffs was still the plan, he said, "Right now it is. Let's see what happens. November 1st is an eternity."