The president said the tariffs on the country’s three largest trading partners would stay in place until they assisted the US with the war on drugs, particularly fentanyl.
President Donald Trump has imposed sweeping tariffs on Canada, Mexico and China - the US’s three largest trading partners – in a move economists warned could spark a trade war and increase prices for American consumers.
“There is growing production of fentanyl in Canada, and enough fentanyl was seized at the northern border last fiscal year to kill 9.8 million Americans,” the White House said in a statement. The tariffs were announced on Saturday evening , but match what Trump vowed to do in November after winning the election. The president has a long-standing affinity for using tariffs as an economic tool, deploying them extensively in his first term. He has also described tariff as “the most beautiful word in the dictionary”.
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