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President Trump made good on his campaign promise and enacted steep tariffs on the country’s top three trading partners Saturday. Trump hit Canada and Mexico with a 25 percent import tax and ...
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.
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 ...
Donald Trump's self-imposed deadline for a first round of tariffs on Canada, Mexico, and China looms in less than two days as economic observers and world leaders try to plan amid the uncertainty.
President Donald Trump at a news conference in the Roosevelt Room of the White House on Jan. 21, 2025, in Washington D.C. (Andrew Harnik—Getty Images)
The tax that Trump says he's looking at now for China is lower than the 60% tariff he threatened to impose on Beijing last year but consistent with the 10% tax he pledged as president-elect.
Trump, who takes office later in the day, has previously pledged tariffs of 10% on global imports, 60% on Chinese goods and a 25% import surcharge on Canadian and Mexican products, duties that may ...
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.