President Donald Trump has issued a warning to Canada and Mexico, threatening to impose 25% tariffs on the two countries by February 1st. This announcement came as Trump signed executive orders at the White House after his inauguration, citing concerns over the influx of people and drugs into the United States through its North American neighbors.
During his speech, Trump specifically called out Canada and Mexico for allowing what he described as “vast numbers of people” and the drug fentanyl to enter the country unchecked. While the exact details of the tariffs have yet to be revealed, Trump made it clear that he is considering a significant increase in tariffs on goods coming in from Canada and Mexico.
In response to the looming threat of tariffs, Canada’s Foreign Minister Mélanie Joly stated that the government will work to prevent the tariffs through a “very strong border plan” and is also preparing a response to the potential economic impact of the tariffs. This move by Trump has sparked concerns and uncertainty in both Canada and Mexico, as the two countries now face the possibility of increased tariffs on their exports to the United States.
As the deadline of February 1st approaches, tensions between the United States, Canada, and Mexico are likely to escalate as all parties involved navigate the implications of Trump’s latest trade policy. Stay tuned for further updates on this developing story.
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Video “Donald Trump threatens Canada, Mexico with 25% tariffs by Feb. 1” was uploaded on 01/21/2025 to Youtube Channel Global News