President Donald Trump has stated his intention to impose 25% tariffs on all goods coming from Canada and Mexico as soon as February 1st, 2025.
President Donald Trump said Monday he planned to put a 25% tariff on imports from Canada and Mexico by Feb. 1, but held off on previous pledges of across-the-board tariffs and even higher ones on China.
Amidst a flurry of executive orders President Trump promised he would sign on day one, he said the much-awaited tariffs would come in February.
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.
US President Donald Trump said that he was thinking of imposing the tariffs on Canada and Mexico by February 1.
Toronto: Canadian leaders expressed relief Monday that broad tariffs were not applied to Canadian products on the first day of Donald Trump's presidency, but Trump later said he could impose a 25 per cent tariff on Canada and Mexico on February 1.
Tariffs of 25 percent could hit goods from Mexico and Canada entering the U.S. as soon as next month, Donald Trump announced on Monday while signing executive orders, signaling the beginning of a potential trade war that could have major effects on the U.S. economy.
Canadian leaders relieved tariffs not imposed, but Trump threatens 25% tariff on Canada and Mexico on February 1.
Earlier in the day, cabinet ministers were careful not to declare victory after Trump was sworn into office without mentioning Canada at all, and with no sign of the punishing tariffs he's been threatening since the November election.
President Donald Trump said he planned to impose previously threatened tariffs of as much as 25 percent on Mexico and Canada by Feb. 1, reiterating his contention that America’s two immediate neighbors are letting undocumented migrants and drugs flood into the country.
President Donald Trump said he planned to enact previously threatened tariffs of as much as 25 per cent on Mexico and Canada by Feb 1, reiterating his contention that America’s two immediate neighbours are allowing the flow of undocumented migrants and drugs into the country.
President Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting Feb. 1, while declining to flesh out his plans for taxing Chinese imports.