In a bold declaration, President-elect Donald Trump announced plans to impose sweeping tariffs on America’s largest trading partners, Canada and Mexico, along with additional duties on Chinese imports. These measures are set to take effect on his first day in office, underscoring his commitment to reshaping U.S. trade policy.
Trump detailed a 25 percent tariff on all imports from Canada and Mexico, citing the ongoing issues of illegal immigration and the trafficking of illicit drugs like fentanyl.
On Truth Social, he declared, “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States.”
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) November 26, 2024
The president-elect also announced…