Trump plans new tariffs on Mexico, Canada and China on first day in office
tmj4.com —
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 trafficking. Trump also threatened a 10% additional tariff on Chinese goods, citing concerns over drugs like fentanyl. The exact implementation of these tariffs remains uncertain, as it is unclear if Trump is serious or using this as a negotiation strategy. These proposed tariffs mark a significant shift in trade policy, reflecting Trump's focus on border security and drug issues.