President Trump Announces New Tariffs

United States President Donald Trump laid out his tariff proposals January 27 at the House Republican retreat on at his Doral golf resort in Florida.

  • Mr. Trump announced a 10 percent tariff on Chinese goods because the nation is sending fentanyl to Mexico and Canada, which ends up in the U.S.
  • This 10 percent tariff will likely take effect on February 1, the same day that 25 percent tariffs on Mexico and Canada are slated to begin.

The president also announced that tariffs on aluminum, computer chips, copper, defense equipment, pharmaceuticals, steel and semiconductors would be forthcoming.

Trade deficit: The gap between what the U.S. imports and what it exports hit a new record in 2022 as foreign goods flooded the country.

The overall trade deficit in 2022 rose to $972 billion, with more than a third of that total coming from trade with China. The deficit has improved somewhat since then, but the U.S. is still importing roughly $74 billion more than it exports each month.

President Trump is taking action to reduce America’s reliance on its three biggest trade partners (Canada, Mexico and China) and to ensure that the U.S. defense industry is self-sufficient.

Trade war: America has become far too dependent on foreign nations for essential goods, and it desperately needs to revitalize its manufacturing industry before it is too late.

End-time prophecies in Deuteronomy 28, Isaiah 23 and Ezekiel 5 describe the devastating effects that economic besiegement will have on the U.S. in the end time.

Yet the main reason this trade war will be so devastating is that America has become addicted to foreign goods. The nation functioned well without Communist China in the 1950s, but it has since embraced a globalist agenda that has ripped the industrial heart out of the country.

If America does not turn back to God and the values that make nations great, it will learn the hard way that Communist China is a far less trustworthy partner than the great God.

Learn more: Read “Superpower Under Siege” in Trumpet editor in chief Gerald Flurry’s book Ezekiel—The End-Time Prophet.