Trump’s Threatened Tariffs on China, Mexico, and Canada

Donald Trump has announced intentions to impose significant tariffs on goods imported from Mexico, Canada, and China as part of his strategy to address issues related to illegal immigration and drug trafficking. These tariffs are proposed to take effect immediately upon his inauguration.

Proposed Tariff Details

• Tariffs on Mexico and Canada: Trump plans to implement a 25% tariff on all products entering the United States from both Mexico and Canada. This move is framed as a response to what he perceives as failures by these countries to manage illegal immigration and drug smuggling effectively. He has stated that these tariffs will remain in place until both nations take substantial action against drug trafficking, particularly concerning fentanyl.

Business Career of Donald Trump

 

Donald Trump’s business career spans several decades and is characterized by a mix of successes, failures, and controversies. His journey in the business world began in the late 1960s and has evolved through various sectors, primarily focusing on real estate development, entertainment, and branding.

Early Career

Trump started his career at his father’s company, Trump Management, which specialized in middle-class rental housing in New York City. After graduating from the University of Pennsylvania’s Wharton School with a degree in economics in 1968, he took over the family business in 1971 and renamed it the Trump Organization. His early projects included managing rental properties and attempting to revitalize troubled developments like Swifton Village in Cincinnati.

Great Business Ideas to Start With US New President

 

With the arrival of a new president, new policies, economic reforms, and opportunities are likely to emerge, making it a promising time for entrepreneurs to explore fresh business ideas. Here's a look at business ideas with potential to thrive in this changing political and economic landscape.

10 Best Business Guide Line for Better Business

 

1. Conduct Market Research

Conducting market research is essential to determine if there is a viable opportunity for your business idea. This involves gathering information about potential customers, existing competitors, and industry trends. Understanding the market landscape will help you identify a competitive advantage.

10 Great Business Ideas

 

10 great business ideas will help you get started on your entrepreneurial journey. Note that many of the ideas below only require you to have a credit card processing partner to get started, so you can keep upfront expenses relatively low.

Read on for some inspiration into the many types of businesses that could launch you to success.

What Makes a Good Small Business?

 

A good small business is characterized by a combination of strategic planning, customer focus, and operational efficiency. In today's competitive landscape, these attributes are essential for sustained success and growth. Here's a detailed look at what makes a good small business.

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1. Clear Vision and Mission

A good small business begins with a clear vision and mission. The vision provides a long-term goal and a sense of direction, while the mission defines the business's purpose and core values. These foundational elements guide decision-making and help align the efforts of all team members.

How to start a Small Business?

Creating a good small business requires a blend of strategic planning, customer focus, and efficient operations. Here are the key elements that contribute to the success of a small business.

 

1. Clear Vision and Mission

A clear vision and mission provide direction and purpose. The vision outlines long-term goals, while the mission defines the business’s purpose and values. These elements guide decision-making and align the efforts of all team members.