NBC Meet the Press Meet the Press NOW — February 3
Feb 3, 2025
President Trump's decision to pause tariffs on Mexico and Canada raises eyebrows amidst growing trade tensions. Ontario Premier Doug Ford reveals the potential fallout from a trade war, especially for the bourbon industry in Kentucky. The complexities of border dynamics and the impact of tariffs on local economies are scrutinized, while bipartisan efforts emerge to stabilize trade relationships. The political landscape shifts as high-profile figures influence government operations, reminding us how interconnected trade policies and national security truly are.
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Trade War Developments
- Markets rallied after the U.S. paused tariffs on Mexico.
- There were hopes for similar agreements with Canada and China before the midnight deadline.
Trudeau's Warning
- Canadian Prime Minister Justin Trudeau warned Americans about the tariffs.
- Trudeau stated the tariffs would have consequences for the American people.
US-Mexico Tariff Deal
- Trump agreed to pause tariffs on Mexico in exchange for border security commitments.
- Mexico agreed to deploy 10,000 soldiers permanently to their side of the border.