President Donald Trump plans to impose tariffs on Canada and Mexico starting Tuesday, in addition to doubling the 10% universal tariff charged on imports from China. In a Truth Social post Thursday, Trump said illicit drugs such as fentanyl are being smuggled into the United States at “unacceptable levels" and that import taxes would force other countries to crack down on the trafficking.
Spokane Police Chief Kevin Hall told the U.S. Senate on Wednesday that the economic toll of fentanyl is staggering as China smuggles precursors into Mexico for the cartels to ship north. His testimony followed a news release Tuesday from the Centers for Disease Control and Prevention,
President Donald Trump says he plans implement new tariffs on China and Mexico next week. According to the president's post on TruthSocial, it's in response to the ongoing drug crisis, particularly the influx of fentanyl,
U.S. President Donald Trump announced new tariffs on Mexican, Canadian, and Chinese imports, citing ongoing fentanyl smuggling. Starting March 4, a 25% tariff will apply to Mexican and Canadian goods,
Beijing strongly opposed President Donald Trumps plan to impose an additional 10% tariff on Chinese imports, accusing the U.S. of shifting blame over fentanyl and warning of retaliation. Chinas Commerce Ministry
President Donald Trump imposed the tariffs, citing the need to curb the flow of the deadly opioid fentanyl into the U.S.
Citing the unchecked flow of fentanyl, he plans to levy a 25% tariff on most products from our northern and southern neighbors. China faces an additional 10% levy.
President Trump has doubled tariffs on China to 20% and confirmed 25% duties on imports from Mexico and Canada, citing fentanyl trafficking and trade imbalances.
Canadian Prime Minister Justin Trudeau announced late Monday night that Canada “will respond with 25 per cent tariffs against $155 billion of American goods” as a result of Trump’s action.
US President Donald Trump’s announcement of going ahead with tariffs on Mexico and Canada and imposing fresher levies on China has sparked the beginning of a trade war. Beijing and Ottawa have declared reciprocal tariffs on US products,
China and Hong Kong stocks declined as new U.S. tariffs on Chinese imports set to take effect. The tough approach, spearheaded by President Trump, aims to penalize Beijing over fentanyl shipment issues.