President Trump announced Thursday that tariffs on Canadian and Mexican imports will take effect next week, while China will face increased tariffs as part of an effort to curb fentanyl trafficking.
“Drugs are still pouring into our Country from Mexico and Canada at very high and unacceptable levels. A large percentage of these Drugs, much of them in the form of Fentanyl, are made in, and supplied by, China,” Trump posted on Truth Social.
“We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled,” he added. “China will likewise be charged an additional 10% Tariff on that date.”
Trump had signed off on 25 percent tariffs on Mexican and Canadian imports earlier this month but delayed their implementation after both countries took measures to address drug trafficking at the border. In recent days, he had been unclear on whether the tariffs would move forward, but his latest statement confirmed they would take effect as scheduled.
Trump has also threatened reciprocal tariffs on imports from any nation imposing tariffs on U.S. products, set to take effect in early April. He has floated additional tariffs on automobile imports, lumber, pharmaceuticals, and other goods.
