Trump plans new tariffs on Canada, Mexico, and China starting January 20

President-elect Donald Trump plans to impose new tariffs on Mexico, Canada, and China starting January 20. He announced a 25% tariff on all products from Mexico and Canada and a 10% tariff on Chinese goods, citing concerns over illegal immigration and drug trafficking. Trump's statements come despite recent data showing a decline in illegal border crossings and a significant increase in fentanyl seizures. The proposed tariffs could impact the economies of Canada and Mexico and raise questions about the future of the 2020 trade deal. Officials from Canada and Mexico have not yet responded to Trump's threats. The situation remains uncertain as it is unclear if these tariffs will be enacted or used as a negotiation tactic.