The White House confirmed on Friday that tariffs against goods from Canada, Mexico and China will take effect Saturday, as President Trump has threatened. Press secretary Karoline Leavitt told
Leavitt implied that there’s not much the impacted parties can do to avoid the duties at this point. “Tariffs are incoming tomorrow…And the reason for that is because both Canada and Mexico have allowed an unprecedented invasion of illegal fentanyl that is killing American citizens—and also illegal immigrants—into our country,” she said.
President Donald Trump is preparing to levy tariffs on Mexico, Canada and China, despite concerns about the implication for the global economy.
President Donald Trump is meeting Friday with Nvidia CEO Jensen Huang, whose company designs and supplies the advanced computer chips that play an integral role in developing artificial intelligence.
President Donald Trump will move forward with aggressive new tariffs on Canada, Mexico and China on Saturday, the White House said, affirming he will stick to his February 1 deadline for the new duties that could have widespread effects on the economy.
Trump had been threatening the tariffs to ensure greater cooperation from the countries on stopping illegal immigration.
Trump campaigned heavily on tariffs and threatened to implement them against Canada and Mexico on Inauguration Day, which was later pushed back to Feb. 1.
Canadian Prime Minister Justin Trudeau says tariffs would have “disastrous consequences” for the U.S., putting American jobs at risk and causing prices to rise.
Trump reiterated that he planned to put tariffs on Canada and Mexico from Feb. 1 but markets still don’t know the full extent of the levies.
The U.S. will begin imposing blanket tariffs on goods imported from Canada, China and Mexico this weekend, the White House announced Friday. Goods from Canada and Mexico — the two largest trading partners of the U.
The White House press secretary said the tariffs are expected to go into effect on Saturday for goods imported from Mexico, Canada and China.