
President-elect Donald Trump is moving markets from his phone, or whichever device he uses to write posts. The once and future President hasn’t stepped into the Oval Office, but that hasn’t slowed things down. Yesterday, he posted to his social media platform to tell everyone: Tariffs are coming.
“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States,” Trump wrote. He went on to say that it is time for those countries to compensate for drugs and people coming through the border, and that tariffs would remain in place until that stops. In a separate post, he threatened China with more tariffs.