Trump plans 25% tariffs on Mexico and Canada and 10% on China starting January 20
President-elect Donald Trump plans to impose 25% tariffs on goods from Mexico and Canada, and 10% on Chinese imports, starting January 20. He announced these measures on Truth Social, linking them to issues like drug trafficking and immigration. Trump's tariffs will apply to all products from these countries. He stated that he will sign executive orders to implement these tariffs immediately upon taking office. This approach continues Trump's previous protectionist trade policies, which targeted major trading partners during his first term.