Trump plans new tariffs on Mexico, Canada and China starting January 20
President-elect Donald Trump has announced plans to impose new tariffs on Mexico, Canada, and China starting January 20. He stated he would charge a 25% tariff on all products from Mexico and Canada until illegal immigration and drug issues are resolved. Trump also threatened a 10% additional tariff on Chinese goods, citing concerns over drugs like fentanyl. It remains uncertain if these threats will be enacted or if they are intended as negotiation tactics. These proposed tariffs mark a significant shift in trade policy, reflecting Trump's focus on immigration and drug enforcement as key issues in his administration.