New York Post
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White House confirms tariffs on Canadian, Chinese, Mexican imports taking effect Saturday #shorts
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January 31, 2025
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0:47Now PlayingPresident Trump will implement massive 25% tariffs on Canadian and Mexican imports and an additional 10% tariff on Chinese products Saturday, White House press secretary Karoline Leavitt confirmed Friday.
Trump threatened the tariffs in November shortly after winning a second term, citing fentanyl smuggling and illegal immigration, but at the time it was widely assumed to be a bargaining tactic.
“The president will be implementing tomorrow 25% tariffs on Mexico, 25% tariffs on Canada, and a 10% tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country,” Leavitt said at a White House press briefing.
Leavitt indicated that there might be exceptions to the new duties — after Trump himself said Thursday he was considering a possible carveout for oil.
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#donaldtrump #tariffs #mexico #canada #china
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