8Photo© hindustantimes.comTrump vows big tariffs on China, Mexico, Canada over immigration, drug smuggling
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President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.
Trump, who takes office on January 20, 2025, said he would impose a 25% tariff on Canada and Mexico until they clamp down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.
Trump also outlined "an additional 10% tariff, above any additional tariffs" on China, in some of his most specific comments on how he will implement his economic agenda since winning the November 5 election on promises to "put America first".
“ This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!
Donald Trump,
Tariffs Will Not Stop US-Bound Migrants Or Drugs, Mexico Tells Trump
“ As a principle, we are open to maintaining dialogue and communication.
Mao Zedong,
After Donald Trump Vows Big Tariffs, A Warning From China Over Trade…
“ Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,
Donald Trump,
Trump vows big tariffs on China, Mexico, Canada over immigration, drug…