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 trafficking. Trump also threatened a 10% tariff on Chinese goods, citing concerns over drugs like fentanyl. These tariffs would remain until he sees a reduction in drug-related issues and illegal immigration. It is uncertain if Trump will implement these tariffs or if they are part of a negotiation strategy before he officially takes office.