Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.
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.
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.
President Donald Trump told reporters hours after taking office that he was considering levying a blanket duty on Mexico and Canada on Feb. 1.
Trump didn't immediately impose tariffs, but he proposed tariffs on products from Canada and Mexico and China, which could cause retaliation, affecting Nebraska’s agricultural industry.
President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner.
As President Trump entered his second term, the trade war he started with China and which former President Biden kept in place suggests taming the deficit to
Canada wants its allies to explore a pricing floor for critical minerals to address what it views as market interference from China, the dominant supplier of metals key to the energy transition.
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico’s former trade chief said Monday “I say bring it
The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.
Donald Trump grabbed onto the idea of hitting Canada with tariffs almost immediately after November's election and he hasn't let go since.