Trump Says Canada and Mexico Tariffs Will Go Into Effect Next Week
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.
It Is Happening Every Day, Every Where
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.
The petition accused Elon Musk of attacking Canadian sovereignty. The billionaire adviser to President Trump responded on X, saying “Canada is not a real country.”
Canada beat the U.S. in a championship game with added meaning because of political tensions caused by President Trump’s taunts and economic threats.
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, which together account for more than a third of U.S. trade
The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.
The president said the planned duties were a response to China’s failure to curb fentanyl exports.
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.
President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”