Trump said Mexico and Canada will each face a 25% tariff. The tariff on China will be 10%.
President-elect Donald Trump on Monday said that he would impose new tariffs on imported goods from Canada, China, and Mexico during the first day of his new administration.
The former president, who won re-election earlier this month, said that the tariffs would be one of his first executive actions as the new commander-in-chief. He also pledged that the tariffs would remain in place until the border is secure and fentanyl stops flowing into the country.
Trump said Mexico and Canada will each face a 25% tariff. The tariff on China will be 10%.
“As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before,” the former president posted on Truth Social. “Right now a Caravan coming from Mexico, composed of thousands of people, seems to be unstoppable in its quest to come through our currently Open Border.
“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” he added.
Buy American …. The Job You Save May Be Your Own 🇺🇸
This maybe true but has many flaws in it.
You have American companies like Ford, G.M. John Deere and many others that have shipped
their manufacturing and assembly to countries like Mexico and Canada. Now those products will be hit with tariffs to bring them back across the boarder.
Ford Motor Company Canada Plants & Facilities Pages
Ford Motor Company Essex Engine Plant – Windsor, Ontario, Canada
Ford Motor Company Oakville Assembly Plant – Oakville, Ontario, Canada
Ford Motor Company Windsor Engine Plant – Windsor, Ontario, Canada
Multimatic Assembly Plant – Markham, Ontario, Canada
Just a sample.