President-elect Donald Trump has vowed to impose day-one tariffs on Mexico, Canada, and China, targeting illegal immigration and drug smuggling. He plans to sign an executive order imposing a 25% tariff on goods from Mexico and Canada, and a 10% tariff on China until they address fentanyl smuggling. The move contradicts the US-Mexico-Canada Agreement and could escalate trade tensions, with Trump’s Treasury Secretary nominee suggesting the tariffs are part of a negotiation strategy.
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Popular Italian restaurant chain on brink of administration to close six sites
Gusto, the Italian restaurant chain founded in 2005, plans to close six of its 13 locations as part of a rescue deal amid financial difficulties, resulting in 190 job losses. The closures are expected to involve economically unviable suburban sites, with new ownership from Cherry Equity Partners aiming to stabilize and grow the business. Want More Context? 🔎
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