President Trump warned of new tariffs on China, Canada, and Mexico as soon as February 1. Here's where his trade plans stand as the deadline nears.
President Donald Trump is set to impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want – and bring those nations to the negotiating table.
Billionaire Howard Lutnick, U.S. President Donald Trump's nominee to be commerce secretary, voiced his concerns about fentanyl coming from Canada into the U.S. during his confirmation hearing Wednesday on Capitol Hill.
The new U.S. border czar is expected to meet with Canada's top public safety official on Friday just hours before President Donald Trump has promised to level new tariffs on Canada unless it helps deal with the flow of migrants and fentanyl across the border,
Mexico's president on Wednesday said her nation is in dialogue with the White House and was confident that the 25% tariff isn't imminent.
The RCMP refutes president-elect Donald’s Trump claim that Canada is allowing illegally manufactured to pour across the U.S. border.
A 2022 report found that Canada is not a major source of fentanyl or precursor chemicals to the U.S. The amount is minuscule compared with what comes in from Mexico.
Jinping had previously told Biden on the sidelines of the Asia-Pacific Economic Cooperation summit that “China is ready to work with the new US administration to maintain communication, expand cooperation and manage differences, so as to strive for a smooth transition of the China-US relationship.”
Tariffs are paid by US businesses to the government on purchases from abroad and the economic weight can fall on importers, foreign suppliers or consumers.
US President Donald Trump has reiterated his plan to impose 25% tariffs on imports from Canada and Mexico starting February 1, aiming to address undocumented migration, fentanyl trafficking, and trade deficits.
President Donald Trump says his tariffs on both Canada and Mexico could be coming this weekend, as soon as Saturday, February 1.