Trump Lies to the World as Crippling Illegal 25% Tariffs Forced on Canada and Mexico Through Emergency Orders Violating Trump’s Own Free Trade Agreement
President Donald Trump shocked the world today by doing the unthinkable: He used "emergency powers" to issue an executive order to impose 25% tariffs on all imports from Mexico and Canada, the two largest trade partners with the United States, violating his own Free Trade Agreement between the two countries that he signed into law in 2018, during his first term. What is the reason that Trump gave to declare this "national emergency" to ignore and violate his own trade agreement with Canada and Mexico? Trump invoked the International Emergency Economics Power Act (IEEPA) because of "The extraordinary threat posed by illegal aliens and drugs, including fentanyl." Really? This was actually the first time I have read about the "extraordinary threat posed by illegal aliens and drugs" coming across the border from Canada! I looked up the stats on seized illegal fentanyl coming into the U.S. from 2024, and there were about 21,000 lbs. of illegal fentanyl seized at U.S. borders, and out of that 21,000 lbs., 50 lbs. came from Canada. Yes, you read that correctly. The "national emergency" that Trump just declared which included Canada over illegal fentanyl coming across the border and violated his own Free Trade agreement, was for 50 lbs. of fentanyl in 2024. Notice how Trump's threat to impose a 60% tariff against China, has now been reduced to 10%, while allies to the U.S. and members of Trump's own Free Trade Agreement got hit much worse. Unless this Emergency Order is challenged in court and stopped by a judge before it is supposed to be implemented on Tuesday this week, the impact on the U.S. economy will be swift, and potentially devastating.