ABOARD AIR FORCE ONE: US President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.
Trump has promised to unveil a massive tariff plan on Wednesday, which he has dubbed “Liberation Day.” He has already imposed tariffs on aluminum, steel and autos, along with increased tariffs on all goods from China.
“You’d start with all countries,” he told reporters aboard Air Force One. “Essentially all of the countries that we’re talking about.” White House economics adviser Kevin Hassett recently told Fox Business that the administration’s tariffs focus would be on 10 to 15 countries with the worst trade imbalances, though he did not list them.
Trump sees tariffs as a way of protecting the domestic economy from unfair global competition and a bargaining chip for better terms for the US.
However, concerns about a trade war are unsettling markets and creating fears of a recession in the US.
Trump has said he will impose a suite of reciprocal tariffs against nations that charge fees on US exports, promising to match those countries’ duties.
In February, Trump signed a memorandum that directed US trade officials to go country by country and put together a list of tailored counter-measures.
Last week, he suggested he might scale back his reciprocal plans, perhaps imposing tariffs in some cases at lower rates than countries charge the United States.
Trump says reciprocal tariffs will target all countries
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Trump says reciprocal tariffs will target all countries
- Trump says he will impose a suite of reciprocal tariffs against nations that charge fees on US exports, promising to match those countries’ duties
Interoceanic Train derails in southern Mexico, killing at least 13 and injuring dozens
- he Interoceanic Train linking the states of Oaxaca and Veracruz went off the rails Sunday as it passed a curve near the town of Nizanda
- Mexican President Claudia Sheinbaum says 13 people died and another 98 people were injured when a train derailed
MEXICO CITY: Officials said a train accident in southern Mexico killed at least 13 people and injured dozens, halting traffic along a rail line connecting the Pacific Ocean with the Gulf of Mexico.
The Interoceanic Train linking the states of Oaxaca and Veracruz went off the rails Sunday as it passed a curve near the town of Nizanda.
“The Mexican Navy has informed me that, tragically, 13 people died in the Interoceanic Train accident,” Mexican President Claudia Sheinbaum posted on X, adding that 98 people are injured, five of them seriously.
She said she instructed the secretary of the navy and the undersecretary of human rights of the Ministry of the Interior to travel to the site and personally assist the families.
In a message on X Sunday, Oaxaca state Gov. Salomon Jara said several government agencies had reached the site of the accident to assist the injured.
Officials said that 241 passengers and nine crew members were on the train when the accident occurred.
The Interoceanic Train was inaugurated in 2023 by then President Andres Manuel Lopez Obrador. The rail service is part of a broader push to boost train travel in southern Mexico, and develop infrastructure along the isthmus of Tehuantepec, a narrow stretch of land between the Pacific Ocean and the Gulf of Mexico.
The Mexican government plans to turn the isthmus into a strategic corridor for international trade, with ports and rail lines that can connect the Atlantic and Pacific Oceans. The Interoceanic train currently runs from the port of Salina Cruz on the Pacific Ocean to Coatzacoalcos, covering a distance of approximately 180 miles (290 kilometers).
The Interoceanic Train linking the states of Oaxaca and Veracruz went off the rails Sunday as it passed a curve near the town of Nizanda.
“The Mexican Navy has informed me that, tragically, 13 people died in the Interoceanic Train accident,” Mexican President Claudia Sheinbaum posted on X, adding that 98 people are injured, five of them seriously.
She said she instructed the secretary of the navy and the undersecretary of human rights of the Ministry of the Interior to travel to the site and personally assist the families.
In a message on X Sunday, Oaxaca state Gov. Salomon Jara said several government agencies had reached the site of the accident to assist the injured.
Officials said that 241 passengers and nine crew members were on the train when the accident occurred.
The Interoceanic Train was inaugurated in 2023 by then President Andres Manuel Lopez Obrador. The rail service is part of a broader push to boost train travel in southern Mexico, and develop infrastructure along the isthmus of Tehuantepec, a narrow stretch of land between the Pacific Ocean and the Gulf of Mexico.
The Mexican government plans to turn the isthmus into a strategic corridor for international trade, with ports and rail lines that can connect the Atlantic and Pacific Oceans. The Interoceanic train currently runs from the port of Salina Cruz on the Pacific Ocean to Coatzacoalcos, covering a distance of approximately 180 miles (290 kilometers).
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