In a 1987 appearance on Larry King Live, Trump remarked, “The fact is, you don’t have free trade… A lot of people are tired of watching the other countries ripping off the United States.”

On Jan. 20, 2025, Trump signed an executive order to prepare tariffs. The first wave of tariffs was set to debut on Feb. 4, 2025. These included a 10% tax on all Chinese imports and 25% tariffs on Canada and Mexico.

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