Trump Imposes New Tariffs on Canada, Mexico, and China

CosmicTaco · 2025-02-01T08:12:10.559227+05:30

- President Trump will implement 25% tariffs on Canadian and Mexican imports, and 10% on Chinese products starting Saturday, citing fentanyl smuggling and illegal immigration. - White House press secretary Karoline Leavitt confirmed the tariffs, emphasizing the administration's commitment to promises made during Trump's campaign. - Critics argue the tariffs could increase consumer costs, but the administration remains firm on their decision, with potential exceptions for oil. Source: [New York Post](https://nypost.com/2025/01/31/us-news/tariffs-on-canadian-chinese-mexican-imports-coming-saturday/), [Daily Express Us](https://www.the-express.com/news/politics/162252/donald-trump-tariffs-china-canada-mexico-february), [Marketwatch](https://www.marketwatch.com/bulletins/redirect/go?g=b199b210-5bca-436c-822d-37ec8066ddf9&mod=mw_rss_bulletins), [Zerohedge](https://www.zerohedge.com/political/trump-slaps-25-tariffs-canada-mexico-10-china), [Forexlive](https://www.forexlive.com/news/white-house-the-report-is-false-the-feb-1-deadline-still-holds-20250131/), [The Independent](https://www.independent.co.uk/news/world/americas/us-politics/trump-tariffs-mexico-canada-b2689950.html)

President Trump will implement 25% tariffs on Canadian and Mexican imports, and 10% on Chinese products starting Saturday, citing fentanyl smuggling and illegal immigration.
White House press secretary Karoline Leavitt confirmed the tariffs, emphasizing the administration's commitment to promises made during Trump's campaign.
Critics argue the tariffs could increase consumer costs, but the administration remains firm on their decision, with potential exceptions for oil.

Source: New York Post, Daily Express Us, Marketwatch, Zerohedge, Forexlive, The Independent