Will slap tariffs on China, Canada, Mexico: Trump
US President-elect Donald Trump announced he would impose a 25 per cent tariff on all products coming from Canada and Mexico, and 10 per cent on Chinese goods to check the flow of illegal immigrants and drugs into the United States.
In a series of posts on his social platform Truth on Monday, he said he would sign executive orders imposing tariffs on the three countries as one of his first actions after assuming office on January 20.
“As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before. Right now, a Caravan coming from Mexico, composed of thousands of people, seems to be unstoppable in its quest to come through our currently Open Border,” Trump said.
Mexico President Claudia Sheinbaum on Tuesday suggested Mexico could retaliate with tariffs of its own.