U.S. President-elect Donald Trump has announced plans to impose a 25% tariff on goods from Canada and Mexico as part of his strategy to address illegal immigration and border security issues.
In a statement released on Monday, Trump outlined his intention to sign an executive order implementing the tariffs on January 20, shortly after his inauguration.
“As one of my first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% tariff on ALL products coming into the United States to address their ridiculous open borders policies,” he declared.
Trump also revealed plans to introduce a 10% tariff on Chinese imports in response to what he described as China’s failure to combat the smuggling of fentanyl and other illegal drugs.
“I will also be slapping China with a 10% tariff, above any additional tariffs, on all of its products entering the U.S. in response to its failure to tackle fentanyl smuggling,” he stated.
The president-elect has made tariffs a cornerstone of his economic policy, repeatedly emphasizing during his campaign the need for sweeping trade duties on both allies and adversaries. The announcement has drawn mixed reactions, with critics warning of potential economic consequences and supporters lauding it as a bold move to protect U.S. borders and industries.
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