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Trump vows day-one tariffs on Mexico, Canada and China

25 November 2024
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Trump vows day-one tariffs on Mexico, Canada and China
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President-elect Donald Trump has vowed to impose day-one tariffs on Mexico, Canada, and China, targeting illegal immigration and drug smuggling. He plans to sign an executive order imposing a 25% tariff on goods from Mexico and Canada, and a 10% tariff on China until they address fentanyl smuggling. The move contradicts the US-Mexico-Canada Agreement and could escalate trade tensions, with Trump’s Treasury Secretary nominee suggesting the tariffs are part of a negotiation strategy.

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