US President-elect Donald Trump said he intends to impose a 25 per cent tariff on goods from Mexico and Canada, along with a 10 per cent tariff on imports from China in response to the illegal drug trade and immigration.
In a series of posts to his social media account, Trump vowed to hit some of the United States’ largest trading partners with sweeping tariffs on all goods entering the country.
As one of Trump’s many first Executive Orders, he will sign all necessary documents on January 20th to charge Mexico and Canada a 25% tariff on all products coming into the United States, and its ridiculous Open Borders.
In another post moments later, the past and future president said he would also be slapping China with a 10 percent tariff, above any additional Tariffs, on all of its products entering the US in response to its failure to tackle fentanyl smuggling.
Tariffs are a key part of Trump’s economic agenda, with the Republican president-elect vowing wide-ranging duties on allies and adversaries while on the campaign trail ahead of his November 5 victory.