Trump plans 25% tariff on all imports from Canada and Mexico as first act in office

President-elect Donald Trump announced plans to impose a 25% tariff on all products imported from Canada and Mexico. He stated this would be one of his first actions in office. Trump linked the tariff to issues of illegal immigration and drug smuggling, claiming it is necessary to address these problems. He emphasized that the tariff would remain until these issues are resolved. He called on both countries to take action against these challenges, stating they have the power to do so. The announcement marks a significant shift in trade policy with the neighboring countries.