Trump says Canada and Mexico to be hit with 25% tariffs on Saturday

www.bbc.com

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Trump says Canada and Mexico to be hit with 25% tariffs on Saturday

www.bbc.com

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World NewsEnglish • 1 month ago

191

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The president also suggested he still plans to impose new tariffs on China but did not give any details.

Summary

Trump announced that 25% tariffs on imports from Canada and Mexico will take effect on February 1, though a decision on including oil remains pending.

He justified the move by citing undocumented migration, fentanyl trafficking, and trade deficits.

Trump also hinted at new tariffs on China.

Canada and Mexico plan retaliatory measures while seeking to address U.S. concerns.

If oil imports are taxed, it could raise costs for businesses and consumers, potentially contradicting Trump’s pledge to reduce living expenses.

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@inclementimmigrant
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14•1 month ago
May the American people enjoy the fruits of their voting and sitting on their asses.
- @[email protected]
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  fedilink
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  3•1 month ago
  It wouldn’t be so bad if we didn’t get fucked by proxy of America electing an old senile fascist.
  
  I am Canadian and I will feel Trump’s presidency for a while

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