Beginning on the first day of his presidency, Canada and China implemented a program that could significantly raise prices for American consumers and businesses.
Trump claimed that the action would be taken in response to “crime and drugs” and illegal immigrants crossing the border.
Trump wrote on his Truth Social platform, “As one of my many first executive orders, I will sign all necessary documents on January 20th to charge Mexico and Canada a 25% tariff on ALL products coming into the United States, and its ridiculous open borders.” “Until drugs, especially fentanyl, and all illegal aliens stop this invasion of our country, this tariff will remain in effect!”
According to Trump, the neighbors of the United States can “easily solve this long simmering problem.”