President-elect Donald Trump has threatened to impose a 25% tariff on products from Mexico and Canada and an additional 10% on products from China as part of his strategy to address illegal immigration and drug trafficking. These tariffs could lead to significant price increases.
President-elect Donald Trump has threatened to implement significant new tariffs on Mexico , Canada , and China immediately upon taking office, as part of his strategy to address illegal immigration and drug trafficking. These tariffs could cause a sharp increase in prices for a wide range of products, from gasoline to cars. The United States, being the world's largest importer, relies heavily on Mexico , China , and Canada as its top suppliers, according to the latest Census data.
Trump made the threats in a pair of posts on his Truth Social site on Monday evening, when he spoke against an influx of illegal migrants and the influx of drugs, particularly fentanyl, from Mexico and Canada. He also warned of a 10% tariff on products from China until such time as they stop sending drugs into the United States
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