The White House confirmed that the US will impose tariffs on exports from Mexico, Canada, and China starting February 1st. Mexico and Canada will face 25% tariffs, while China will face a 10% tariff. President Trump cited the flow of illegal fentanyl into the US as the reason for the tariffs.
Mexico, Canada and China will face tariffs on exports to the US from Saturday, the White House has confirmed.
She said the duties were a response to "the illegal fentanyl that they have sourced and allowed to distribute into our country", adding that they were "promises made and promises kept by the president". He added: "We're going to make that determination probably tonight on oil. Because they send us oil, we'll see — it depends on what their price is."
Mr Trump's punitive duties and retaliatory tariffs from Canada and Mexico threaten to disrupt nearly $1.6 trillion in North American trade and effectively end a 30-year free trade system that has deeply integrated the three economies.
TRADE WAR TARIFFS FENTANYL MEXICO CANADA CHINA
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