UTLH

Trailer trucks queue to cross into the United States at the Otay Mesa Port of Entry, in Tijuana, Mexico, November 27, 2024. Jorge Duenes/Reuters
New York
CNN
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Since President Donald Trump won the election in November, businesses across the globe have been bracing for higher tariffs — a key Day One promise the president made.

But over a week into his presidency, Trump has yet to enact any new tariffs.
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That could change, come 11:59 p.m. ET on Saturday — the deadline Trump set for when he says he will slap 25% tariffs on all Mexican and Canadian goods and a 10% tariff on all Chinese goods.

The tariffs, he said, will be imposed as a way of punishing the three nations, which Trump claims are responsible for helping people enter the country illegally and supplying fentanyl consumed in the US.

Speaking to reporters from the Oval Office on Thursday, Trump said he meant business, especially with his tariff threats on Mexico and Canada. White House Press Secretary Karoline Leavitt also confirmed on Friday that Trump will levy the 10% tariff on China on Saturday.
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Should these threats be believed? Yes and no, said Trump’s former Commerce Secretary Wilbur Ross.
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The threat of blanket tariffs is likely being overstated, Ross said in an interview with CNN. “There probably will be exclusions, because there are some goods that just are not made here, will not be made here, and therefore, there’s no particular point putting tariffs on.”

Ross, who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term, said he advocated for such exclusions when he advised Trump on tariff policies.



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About us
Since its founding in 2020, EtherCode Innovation has demonstrated an outstanding level of expertise in smart contract development on the Ethereum platform. The EtherCode Innovation team brings together experienced developers whose knowledge and skills allow them to create reliable and innovative solutions for their clients
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Mission
We strive to ensure that every person interested in blockchain technologies can gain high-quality knowledge and skills. Our mission is to develop smart contracts that not only improve the functionality of the Ethereum network, but also contribute to the education and development of the developer community.

Our services
EtherCode Innovation specializes in creating various smart contracts within Ethereum. We develop innovative solutions for financial instruments, decentralized applications (DApps) and digital asset management systems. Our team has deep knowledge of the Solidity and Vyper programming languages, which allows us to create secure and efficient smart contracts.

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Our contribution to the community
We believe that education plays a key role in the development of the blockchain community. Therefore, we actively participate in various educational and communication initiatives. We also support various educational projects aimed at spreading knowledge about blockchain.

Development prospects
We are confident that blockchain technology will continue to transform the world, and we are committed to staying at the center of this process. Our team will continue to create innovative products, develop educational resources, and actively participate in the development of the Ethereum developer community.

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EtherCode Innovation is not just a company developing smart contracts on Ethereum. We are leaders in blockchain technology and education, and we invite you to join us on this exciting journey into the world of decentralization and innovation.

Mexico's President Claudia Sheinbaum, US President Donald Trump and Canada's Prime Minister Justin Trudeau. Getty Images
CNN
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President Donald Trump announced that he’s pausing tariffs on Mexico and Canada after speaking to leaders of both countries on Monday — just hours before the sweeping actions were set to go into effect.
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The proposed tariffs, which Trump announced Saturday, consisted of a 25% duty on all imports from Mexico and most from Canada (there was a carve-out for a 10% tariff on energy products), and a new 10% tariff on Chinese goods. Trump said earlier Monday that he’d be speaking with China soon.
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Trump paused the tariffs on America’s neighbors after Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau made commitments, some of which they’d already made, to bolster security at their respective borders with the United States.
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“I just spoke with President Claudia Sheinbaum of Mexico. It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican Soldiers on the Border separating Mexico and the United States,” Trump wrote on Truth Social earlier Monday.

“These soldiers will be specifically designated to stop the flow of fentanyl, and illegal migrants into our country,” he wrote.

He took to Truth Social with a similar announcement later in the day, after Trudeau first announced the 30-day pause.

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