The change of power in the US

Trump's tariffs
Trump has signed an order imposing tariffs on Mexico, Canada and China

Trump has signed an order imposing tariffs on goods from Mexico, Canada and China, Reuters reports.

Goods from Canada and Mexico will be subject to tariffs of 25 percent. The exception is oil from Canada, where the tariff level will be 10 percent. Tariffs on Chinese goods will end up at 10 percent.

It was expected that Trump would impose the tariffs, but it is still unclear when they will take effect. According to Canadian CBC, it is expected to take effect on Tuesday.

Experts have long warned that the move is likely to lead to a trade war and increased prices for consumers. The presidential order includes a mechanism that means that tariff levels will be increased if Canada, Mexico or China respond with tariffs on American goods.

The White House says the tariffs are being imposed to curb the “extraordinary threat” posed to the United States by illegal drugs and migrants from the countries.

Canada prepares response – tariffs to take effect on Tuesday

The White House has confirmed that the US is imposing punitive tariffs on Canada, Mexico and China as announced. Further details were promised over the weekend and Canadian CBS is now reporting that the tariffs will be 25 percent on all goods from the country, starting on Tuesday.

The Canadian government is also preparing a response, Bloomberg reports. Commodities Minister Jonathan Wilkinson says that it will target goods imported from the US where alternative suppliers already exist.

Analysis: Trump gambles on tariffs not crashing the world economy

Trump's promise to impose heavy punitive tariffs on Canada, Mexico and China on Saturday is a very risky move, writes Josh Boak in Time.

"The Republican president is taking a big political gamble that he will not worsen inflation, create financial aftershocks that could destabilize the world economy or anger voters".

In Sky News, economics editor Ed Conway tries to explain why Trump wants tariffs at all. It is basically about, he says, that Trump believes that a trade deficit like the one the US has with Canada, China and Mexico is inherently bad. This is despite the fact that most economists would rather describe it as a natural effect of being a more developed economy.

"This is a strange way to look at the world, to put it mildly," writes Conway, who, however, believes that if it is the trade deficit that Trump wants, heavy tariffs are not necessarily the wrong way to do it. At least not if you ignore the side effects.

“Most economic models suggest that tariffs would increase inflation and reduce growth. In short: It would be bad.”

The fight against IS
Trump: Many killed in attack on IS in Somalia

The US has carried out airstrikes against the terrorist sect IS in Somalia, writes President Donald Trump on Truth Social.

“These killers, whom we found hiding in caves, posed a threat to the United States and our allies. The attacks destroyed the caves where they were living and killed many terrorists without harming civilians in any way,” writes Trump.

The attack was directed, among other things, at the person Trump calls an IS attack planner, but it is not clear whether he is among those who have been killed. Trump ends his post by sending a message to IS and others who want to attack the US.

“We will find you, and we will kill you,” he writes in capital letters.

Border policy in the US
Trump: Venezuela will accept all migrants from the US

Venezuela has agreed to accept all migrants from the country who are deported from the US. This was stated by Donald Trump in a post on Truth Social.

According to Trump, this also applies to gang members, and Venezuela will also be responsible for the transport.

Reuters writes that the Venezuelan government has not yet confirmed or commented on the information. US special envoy Richard Grenell met with Venezuelan President Nicolás Maduro on Friday. Six Americans who had been imprisoned in the country were released shortly after the meeting.