CNN 5 Things Trump’s tariff promise, Biden’s actions revoked, LA arson attacks & more
Jan 21, 2025
President Trump is making waves with his promise to introduce tariffs soon, while swiftly rolling back Biden's policies. As Los Angeles faces a crisis with arsonists amid wildfires, an unusual story emerges about a lonely fish finding solace in cardboard cutouts of aquarium visitors. This innovative solution not only helps the fish but also sheds light on intriguing new research in aquatic well-being.
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Trump's Tariff Plan
- President Trump intends to impose tariffs on imports from several countries, including a 25% tariff on Mexico and Canada.
- Economists predict these tariffs could cost the average US household an extra $2,000 annually.
Tariff Impact
- Tariffs affect not just finished goods but also components.
- This means increased prices for various products, like office buildings if Mexican glass is tariffed.
Trump Revokes Biden's Policies
- Trump revoked 78 of Biden's executive orders, including those on transgender military service and private prisons.
- He stated his election was a mandate to reverse Biden's policies.