President-elect Donald Trump said Monday he will impose a 25% tariff on all goods from Mexico and Canada and an additional 10% tariff on Chinese goods, effective from his first day in the White House.
“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 wrote on Truth Social. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!”
He went on to say his punitive tariffs on China were also linked to his concerns with fentanyl, accusing the country of not following through on instituting severe penalties — including the death penalty — on drug importers.
“They never followed through, and drugs are pouring into our Country, mostly through Mexico, at levels never seen before,” Trump wrote. “Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America. Thank you for your attention to this matter.”
This is a developing story. Please check back for updates.