Trump plans new tariffs on Mexico, Canada and China to tackle immigration and drugs

President-elect Donald Trump announced plans to impose new tariffs on Mexico, Canada, and China via his Truth Social account. He aims to address illegal immigration and drug trafficking, threatening a 25% tariff on goods from Mexico and Canada and a 10% tariff on Chinese products. These tariffs could significantly increase prices on various goods, including gas and cars. Trump claims the tariffs will remain until drug trafficking and illegal immigration are halted, despite recent data showing a decline in border crossings and drug seizures. The Chinese Embassy warned that a trade war would harm all parties involved. Canadian officials are preparing for potential executive orders on trade and immigration once Trump takes office. Mexico has not yet responded to the tariff threats.