The U.S. government is set to implement new tariffs on imports from Mexico, Canada, and China starting tonight. President Donald Trump announced that a 25% tariff will be imposed on goods from Canada and Mexico, while an additional 10% tariff will be applied to goods from China. These measures are part of the administration’s efforts to address issues such as drug trafficking and trade imbalances.
The tariffs on Canada and Mexico were initially delayed last month following last-minute concessions from both countries. However, President Trump stated that there is “no room left” for further negotiations, and the tariffs will go into effect as planned. The White House has justified these tariffs by pointing to the ongoing issues of fentanyl and other drug trafficking across the northern and southern borders.
Key Points:
- Tariffs on Canada and Mexico: 25% tariff on imports.
- Tariffs on China: Additional 10% tariff on imports.
- Effective Date: The tariffs will go into effect tonight.
Sources:
https://www.foxnews.com/politics/trump-tariffs-mexico-canada-china
https://www.breitbart.com/economy/2025/03/03/trump-tariffs-canada-mexico-china/
https://www.washingtonexaminer.com/policy/economy/trump-tariffs-mexico-canada-china
https://www.nationalreview.com/news/trump-tariffs-mexico-canada-china/