MadAboutPolitics.com - Featured News

Featured News

Today's Political News Compilation - Monday, March. 3, 2025

  • 11
  • 0
map.png
Below are some of the top political news stories of the day:



1741061811363.png

AP Photo

ap.png
Trump says 25% tariffs on Mexican and Canadian imports will start Tuesday, with ‘no room’ for delay

By ZEKE MILLER, JOSH BOAK and ROB GILLIES
Updated 9:18 PM CST, March 3, 2025

WASHINGTON (AP) — President Donald Trump said Monday that 25% taxes on imports from Mexico and Canada would start Tuesday, sparking renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering growth.

“Tomorrow — tariffs 25% on Canada and 25% on Mexico. And that’ll start,” Trump told reporters in the Roosevelt Room. “They’re going to have to have a tariff.”

Trump has said the tariffs are to force the two U.S. neighbors to step up their fight against fentanyl trafficking and stop illegal immigration. But Trump has also indicated that he wants to eliminate the Americas’ trade imbalances as well and push more factories to relocate in the United States.

His comments quickly rattled the U.S. stock market, with the S&P 500 index down 2% in Monday afternoon trading. It’s a sign of the political and economic risks that Trump feels compelled to take, given the possibility of higher inflation and the possible demise of a decades-long trade partnership with Mexico and Canada as the tariffs would go into effect at 12:01 a.m. Tuesday.

Yet the Trump administration remains confident that tariffs are the best choice to boost U.S. manufacturing and attract foreign investment. Commerce Secretary Howard Lutnick said Monday that the computer chipmaker TSMC had expanded its investment in the United States because of the possibility of separate 25% tariffs. ...

READ THE FULL STORY - AP


















[URL...

Latest Posts from our Message Boards

Latest Political News Feed

Can Europe fill the gap now the US has paused military support for Ukraine?

  • News source: BBC News - World
  • Replies: 0
  • Views: 0
America has withdrawn its military support for Ukraine, how big of a hole does it leave?
Continue reading...

Stay or go? Gazans face tough choices as their future is debated on the global stage

  • News source: BBC News - World
  • Replies: 0
  • Views: 4
Their fate is the discussion of Arab leaders in Egypt but what do Gazans want for their future?
Continue reading...

Gaza ceasefire in peril as Israel and Hamas hit impasse

  • News source: BBC News - World
  • Replies: 0
  • Views: 4
Concern grows after Israel said it would block aid to Gaza unless Hamas accepted a new US proposal.
Continue reading...

Trump's 25% tariffs against Canada and Mexico, 20% on China, are now in effect

  • News source: Josh Boak | The Associated Press, Paul Wiseman |
  • Replies: 0
  • Views: 4
President Donald Trump’s long-threatened tariffs against Canada and Mexico finally went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies.

Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products getting tariffed at 10%. In addition, the 10% tariff that Trump placed on Chinese imports in February is doubling to 20%.

In response, Canadian Prime Minister Justin Trudeau said his country would slap tariffs on...
Continue reading...

Trump announces $100 billion investment in U.S. from TSMC, calls it ‘most powerful company' in world

  • News source: Samantha Subin, CNBC
  • Replies: 0
  • Views: 9
Taiwan Semiconductor Manufacturing will pour $100 billion into bolstering chip manufacturing in the U.S., President Donald Trump announced Monday.

The president called the investment a "tremendous move by the most powerful company in the world." The new capital brings TSMC's total investment in the U.S. to $165 billion and will go toward building five new fabrication facilities in Arizona.

The announcement from TSMC, which supplies semiconductors to the likes of Nvidia and Apple for artificial intelligence use, supports the Trump administration's...
Continue reading...

NYC gives migrants more ways to obtain city ID making it easier for them to get benefits, housing: report

  • News source: FOX News
  • Replies: 0
  • Views: 12
New York City officials are making it easier for illegal aliens to acquire a city residency ID card, in turn making it easier for them to obtain housing and free healthcare, according to reports.

City Council members passed a change backed by Mayor Eric Adams that opens up 23 additional types of IDs that immigrants can provide to obtain a New York City residency card.

The New York Post reported that some of the examples of identification that immigrants can provide include an expired driver’s license; documents from U.S. Immigration and Customs...
Continue reading...

Dolly Parton's husband, Carl Dean, dies aged 82

  • News source: BBC News - World
  • Replies: 0
  • Views: 10
The "9-5" singer met Dean outside a laundromat on the first day she arrived in Nashville as an 18-year-old aspiring singer.
Continue reading...

Rising egg prices in the US spark chicken rental trend

  • News source: BBC News - World
  • Replies: 0
  • Views: 8
The service provides hens, feed, and support for six months, allowing customers to collect fresh eggs at home.
Continue reading...

Why detecting methane is difficult but crucial work

  • News source: BBC News - World
  • Replies: 0
  • Views: 8
From handheld to space-based, new methane detectors are making it easier to track the greenhouse gas.
Continue reading...

What is the designated survivor? Here's how the process works ahead of Trump's address

  • News source: Mike Gavin
  • Replies: 0
  • Views: 10
One chair inside the U.S. Capitol will be empty Tuesday.

The cabinet member who typically occupies it will be nowhere near the building or its surrounding area as Donald Trump delivers his joint address to Congress.

He or she will watch the speech from afar, representing the doomsday president in waiting, a title informally known as the "designated survivor."

One person is selected to sit out high-profile events like the State of the Union, inaugurations, and presidential speeches to joint sessions of Congress to preserve the Constitutional line...
Continue reading...

Jay-Z sues former accuser for defamation

  • News source: ABC News: Top Stories
  • Replies: 0
  • Views: 11
Shawn "Jay-Z" Carter filed a defamation suit Monday against an Alabama woman who claimed he raped her when she was 13 in a since-withdrawn civil lawsuit.
Continue reading...

DOGE initial findings on Defense Department DEI spending could save $80M, agency says

  • News source: FOX News
  • Replies: 0
  • Views: 9
The Department of Defense could save up to $80 million in wasteful spending by cutting loose a handful of diversity, equity, and inclusion (DEI) programs, the agency said Monday.

The Defense Department has been working with the Elon Musk-led Department of Government Efficiency (DOGE) in slashing wasteful spending, DOD spokesman Sean Parnell said in a video posted to social media.

Parnell listed some of the initial findings flagged by DOGE, much of it consisting of millions of dollars given to support various DEI programs, including $1.9 million for...
Continue reading...

Ghanaian MPs reintroduce controversial anti-LGBT bill

  • News source: BBC News - World
  • Replies: 0
  • Views: 10
The bill prescribes a three-year jail term for people who identify as gay and five to 10 years for promoters and advocates.
Continue reading...

The revellers making Trinidad's carnival more sustainable

  • News source: BBC News - World
  • Replies: 0
  • Views: 10
There are efforts under way to recycle and reuse more at what has been dubbed "the greatest show on Earth".
Continue reading...

India's fighter jet battle: US v Russia in the skies

  • News source: BBC News - World
  • Replies: 0
  • Views: 10
India faces a crucial choice in modernising its air force. But is a cutting-edge US fighter jet the answer?
Continue reading...

General News Feed

Fact Checkers News Feed

Back
Top Bottom