Morning Wire
Trump Announces Tariffs & South Sees Record Snowfall | Afternoon Update | 1.22.25
Wed, 22 Jan 2025
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I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley. It's Wednesday, January 22nd, and this is your Morning Wire afternoon update.
President Trump is giving Russia an economic ultimatum. End the invasion of Ukraine or face massive tariffs. Daily Wire deputy managing editor Tim Rice has more.
In a Truth Social post today, Trump said he's prepared to impose tariffs and sanctions on Russian goods if a peace deal isn't reached soon. He emphasized his respect for Russia and its people, but insisted the war must end to prevent further loss of life. Trump also said the conflict would not have started under his leadership and urged President Putin to negotiate.
This comes days after Putin said he was ready to come to the bargaining table.
As for settling the situation itself, its goal should be not a brief ceasefire, not just getting some time to regroup and rearm and carry on the conflict, but long-term peace. based on respect to lawful interests of all people and nationalities living in the region.
The United States imported nearly $15 billion in Russian goods in 2022, including fertilizers and precious metals.
President Donald Trump has announced plans for a 10% tariff on Chinese imports starting February 1st, citing China's role in fentanyl trafficking. Trump said Tuesday that he discussed trade with President Xi Jinping, emphasizing his firm stance. He also signed an executive order directing investigations into trade deficits and the creation of an external revenue service to collect tariffs.
Critics warn the tariffs could raise consumer costs and spark retaliation. while Trump argues they will boost American manufacturing. Additional tariffs on goods from Canada and Mexico are also expected soon.
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