Trump announces 25% tariffs on Canada and Mexico to be implemented on Tuesday

Trump announces 25% tariffs on Canada and Mexico to be implemented on Tuesday

U.S. President Donald Trump confirmed on Monday that 25 per cent tariffs will be implemented on all imports coming from Canada and Mexico starting on Tuesday. This decision comes as Trump emphasizes the importance of building car plants within the United States due to the strong market demand. Despite the possibility of a last-minute deal, Trump stated that there is no room left for negotiation with Mexico or Canada, indicating that the tariffs will go into effect as planned.

The reasoning behind these tariffs, as stated by Trump, is to address the issue of illegal substances, specifically fentanyl, entering the United States through the border. By imposing these tariffs, Trump aims to curb the flow of such substances and protect American interests.

For more information on this developing story, visit the Global News website. Stay tuned for updates on how these tariffs will impact trade relations between the United States, Canada, and Mexico. #GlobalNews #trumptariffs.

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Video “Trump confirms 25% tariffs on Canada, Mexico to start Tuesday” was uploaded on 03/03/2025 to Youtube Channel Global News