25% tariffs on Canada and Mexico take effect [Video]

GOODS AND SERVICES. AND NOW YOU’RE SEEING THE POWER OF DONALD TRUMP’S PRESIDENCY. PRESIDENT DONALD TRUMP ANNOUNCING 25% TARIFFS ON ALL GOODS COMING FROM MEXICO AND CANADA, STARTING AT 12:01 A.M. EASTERN TIME TUESDAY, HOPING THE ECONOMIC PENALTIES SPUR THE TWO COUNTRIES TO STOP THE FLOW OF ILLEGAL DRUG TRAFFICKING AND IMMIGRATION. NO ROOM LEFT FOR MEXICO OR FOR CANADA? NO, THE TARIFFS, YOU KNOW, THEY’RE ALL SET. THE U.S. ALSO DOUBLING TARIFFS TUESDAY ON GOODS COMING FROM CHINA FROM 10 TO 20%. SO THE IDEA IS COME TO AMERICA, BUILD GREATNESS IN AMERICA, BUILD FOR THE AMERICAN CUSTOMERS. HERE IN NEW MEXICO, OUR SINGLE LARGEST EXPORT PARTNER IS MEXICO. WE HAVE A $4 BILLION EXPORT TRADE RELATIONSHIP, ABOUT 70% OF THAT GOES TO MEXICO ALONE. ELECTRONICS, AGRICULTURAL AND DAIRY PRODUCTS ARE SOME OF OUR STATE’S BIGGEST EXPORTS. BOTH CANADIAN AND MEXICAN LEADERS ALREADY SUGGESTING RETALIATORY TARIFFS OF THEIR OWN. …