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U.S. president Donald Trump. On February 1, 2025, Trump signed three executive orders imposing 25 percent tariffs on all goods from Mexico and Canada [4] except for Canadian oil and energy exports, which were slapped with a 10 percent tariff. [6] [8] Mexican energy exports will receive the full 25 percent tariff. [24]
And during his campaign, Trump repeatedly said he plans to impose an across-the-board tariff of either 10% or 20% on every import coming into the US, as well as a tariff upward of 60% on all ...
President-elect Donald Trump announced Monday he plans to impose a 25% tariff on all products coming into the U.S. from Mexico and Canada as one of his first acts back in the White House.. On the ...
Trump warned on social media over the weekend that the tariffs could cause Americans "some pain." Tariffs work like a tax on consumers, as retailers tack the cost of imports on the price of goods.
During his first successful presidential campaign, Trump said he would impose tariffs—between 15 and 35%—on companies that moved their operations to Mexico. [41] Trump proposed a 35% tariff on "every car, every truck and every part manufactured in Ford's Mexico plant that comes across the border". [185]
Trump's tariff proposals target several key trade partners. MEXICO AND CANADA: The two countries were the largest trade partners of the U.S. in 2024 through November, with Mexico ranked first.
President Donald Trump speaks to members of the press as he and first lady Melania Trump prepare to depart the White House aboard Marine One on January 24, 2025.
Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the ...