President Trump declared that 25% tariffs on Mexico and Canada will commence on March 4, alongside an additional 10% tariff on China. This decision follows a previous month-long suspension intended to address drug trafficking concerns. Trump highlighted the negative impact of drugs, especially fentanyl, on Americans, prompting this decision.
On February 27, 2025, President Donald Trump announced that a set of extensive tariffs will be implemented on Mexico and Canada starting March 4, with a 25% rate applied to both countries. Additionally, tariffs on China will see an increase of 10%. This decision follows a temporary suspension of tariffs against the U.S. neighbors on February 3, emphasizing Trump’s concerns regarding drug trafficking from these countries.
In summary, President Trump has reinstated tariffs on Canada and Mexico due to his belief that these nations have not adequately addressed the issue of illicit drug trafficking. The implementation of these tariffs coincides with increased charges against China, which is identified as a major source of harmful substances. The responses from the affected countries remain pending.
Original Source: www.timesnownews.com
