President-elect Donald Trump announced Monday that he will impose significant tariffs on imports from Canada, Mexico, and China immediately after taking office, reigniting his aggressive trade policies from his first term. The measures, revealed in a post on Truth Social, are aimed at combating illegal immigration, drug trafficking, and what Trump alleges are unfair trade practices by these nations.
Trump pledged to sign executive documents on Inauguration Day, Jan. 20, imposing 25% tariffs on all imports from Canada and Mexico and an additional 10% tariff on Chinese goods, on top of the duties already in place.
Trump Tariff Vow : Tariffs Tied to Border and Drug Policies
Trump linked the Canadian and Mexican tariffs to what he called “an invasion” of illegal immigrants and drugs, including fentanyl.
“As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before,” Trump wrote. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country.”
