BREAKING: President Trump just announced that the 25% tariff on Canada and Mexico will officially start on March 4, 2025
"The tariffs are going forward on time, on schedule. This is an abuse that took place for many, many years. And I'm not even blaming the other countries that… pic.twitter.com/MEYa07vvyx
— George (@BehizyTweets) February 24, 2025
President Trump has officially announced that a 25% tariff on imports from Canada and Mexico will take effect on March 4, 2025. This decision marks a significant shift in trade policy and aims to address various economic and security concerns.
The announcement follows a series of discussions and negotiations between the United States, Canada, and Mexico. Despite efforts to avoid these tariffs, the Trump administration has decided to move forward with the implementation. The tariffs will apply to a wide range of goods, including steel, aluminum, and other products imported from the two neighboring countries.
The decision to impose these tariffs is part of President Trump’s broader strategy to protect American industries and address trade imbalances. The administration has cited concerns about illegal immigration, drug trafficking, and unfair trade practices as key reasons for the tariffs. The goal is to leverage America’s economic position to secure better trade deals and enhance national security.
In recent weeks, Canada and Mexico have intensified their efforts to improve border security and curb the flow of illegal drugs, particularly fentanyl. These measures were taken in hopes of avoiding the tariffs, but the Trump administration has determined that more needs to be done. The tariffs are expected to impact over $918 billion worth of U.S. imports from Canada and Mexico.
Tiff Macklem is straight up telling you he can’t cut rates to zero (especially if Trump imposes tariffs).
A trade war puts upward pressure on inflation and downward pressure on growth at the same time – aka stagflation. pic.twitter.com/1V5wdIgrs1
— red pill rick (@igetredpilled) February 24, 2025
Tariffs are set to rise to 18% under Trump
This level was last seen around the Great Depression
Things are about to get absolutely crazy…
A thread 🧵 pic.twitter.com/gayK7i0aCP
— Bravos Research (@bravosresearch) February 24, 2025
https://www.aol.com/news/canada-mexico-step-fentanyl-border-100644379.html
https://www.fool.com/investing/2025/02/22/will-president-trumps-tariffs-cause-the-sp-500-to/
https://www.cbc.ca/news/politics/trump-tariffs-next-week-1.7467202