Trump plans new tariffs on Mexico, Canada and China on first day in office

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, aimed at addressing illegal immigration and drug issues. Trump also threatened a 10% tariff on Chinese goods, citing concerns over drugs like fentanyl. This marks a significant shift in trade policy as he prepares to take office. It remains uncertain if these tariffs will be implemented or if they are part of a negotiation strategy.