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    Trump Imposes 25% Tariffs on Canada and Mexico Over Fentanyl Trafficking

    Trump Imposes 25% Tariffs on Canada and Mexico Over Fentanyl Trafficking

    125 postsCanadaMexicoTrump PolicyWorldPolitics

    President Donald Trump announced that the United States will impose 25% tariffs on imports from Canada and Mexico starting Saturday, February 1, citing concerns over fentanyl trafficking and large trade deficits. The tariffs may or may not include oil imports, with a decision expected to be made soon, depending on oil prices. Trump stated that the tariffs could 'rise with time.' Following the announcement, the Canadian dollar and Mexican peso fell.

    Proposed Market

    Most affected Canadian industry by US tariffs by June 30, 2025?

    Most affected Canadian industry by US tariffs by June 30, 2025?

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    Donald TrumpUnited StatesCanadaMexicoTrumpCanadianMexican

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    Economic reports and analyses from credible financial institutions

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