The White House has officially confirmed that President Trump will be imposing significant tariffs on imports from Canada, Mexico, and China, starting on Saturday. These tariffs include a 25% tariff on Canadian and Mexican imports, as well as an additional 10% tariff on Chinese products.
The decision to implement these tariffs comes after President Trump’s threats in November, where he mentioned concerns about fentanyl smuggling and illegal immigration. Many initially believed these threats to be a negotiation tactic, but they are now set to become a reality.
White House press secretary Karoline Leavitt stated in a press briefing that the tariffs are being imposed on Mexico, Canada, and China for the illegal fentanyl that they have allowed to be distributed into the United States. Leavitt also hinted at the possibility of exceptions to these tariffs, with Trump mentioning the potential for carveouts for the oil industry.
This move is likely to have significant economic implications for all three countries involved, as well as potentially sparking trade tensions between them. The New York Post will continue to bring you the latest updates on this developing story.
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