Trump plans 25% tariffs on Mexico and Canada on first day in office
President-elect Donald Trump plans to impose a 25% tariff on all products from Mexico and Canada starting January 20. This move aims to address illegal immigration and drug trafficking, particularly fentanyl. Trump also intends to add a 10% tariff on products from China, in addition to existing tariffs, citing similar concerns about drugs. It remains uncertain if these tariffs will be implemented or if they are part of a negotiation strategy before he officially takes office.