Trump plans new tariffs on Canada, China and Mexico on first day in office
President-elect Donald Trump announced plans to impose new tariffs on imports from Mexico, Canada, and China starting on his first day in office. He aims to implement a 25% tariff on goods from Mexico and Canada, citing the fentanyl crisis as a key reason. Trump also intends to add a 10% tariff on Chinese products, linking it to the ongoing issue of drug trafficking. He stated that these tariffs will remain until drug-related problems are addressed. This announcement builds on Trump's previous campaign promises regarding tariffs, which he framed as a way to hold other countries accountable. The response from Canada, China, and Mexico has not yet been reported.