Trump Plans to Move Ahead with Tariffs on China, Canada & Mexico Imports
Washington, DC, February 28, 2025-"The U.S. plans next week to impose an additional 10% tariff on imports from China over its role in the fentanyl trade and move forward with 25% tariffs on products from Canada and Mexico, President Trump said Thursday, setting up a pivotal week for his protectionist trade agenda,” reports the Wall Street Journal.
“The China move, slated to take effect Tuesday along with the Canada and Mexico actions, doubles up on the previous 10% additional tariff Trump placed on Chinese products this month.
“In a post Thursday on his Truth Social platform, Trump reinforced his threat to impose 25% tariffs on products from Canada and Mexico. Later in the Oval Office, he said the U.S.’s neighbors hadn’t done enough to curb drug smuggling to win another delay for those duties.
“The administration had postponed the Canada and Mexico tariffs for 30 days at the beginning of February to allow for negotiations.
“‘The drugs continue to pour into our country, killing hundreds of thousands of people,’ said Trump, a Republican, after being asked about whether he had seen progress. ‘The families are destroyed after that happens.’
“The announcement came a day after Trump appeared to hint that the Canada and Mexico tariffs could be delayed again, saying that they were scheduled for April 2. The administration backed off those comments at the time, and on Thursday a White House official said that ‘as of now, the decision has been made’ to impose the tariffs, though talks are ongoing.”