REACTION: Trump Threatens February 1 Tariffs on Mexico and Canada
President Trump announced plans to impose 25% tariffs on USMCA partners.
After his inauguration on January 20, U.S. President Donald Trump told reporters that his administration is preparing to impose 25% tariffs on Mexico and Canada, saying, “I think we’ll do it Feb. 1.” Trump said the tariffs would target these two countries because they allow “mass numbers of people to come in and fentanyl to come in.” He stated that his administration is meanwhile considering a universal tariff on all imports, regardless of country of origin. Trump also signed an executive order that commissions a broad review of U.S. trade policy and mandates that the...
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