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Trump Considers 25% Tariffs on Canada and Mexico Effective February 1, 10% on China if No TikTok Deal
5 posts•ChinaTrump PolicyWorldPolitics
Former President Donald Trump is considering imposing tariffs on trade partners, specifically targeting a 25% tariff on Canada and Mexico, potentially effective as early as February 1. This move comes as Trump contemplates a 10% tariff on China, citing concerns over fentanyl shipments to Mexico and Canada. Trump's aides are reportedly advocating for these tariffs to be implemented before negotiations commence, with discussions suggesting a possibility of tariffs as high as 100% on China if an agreement regarding TikTok is not reached. The push for these tariffs reflects a growing momentum among Trump's advisers, indicating a strategic approach to trade negotiations.
Proposed Market
What will be the outcome of U.S., Canada, and Mexico trade negotiations by April 30, 2025?
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Description
Official announcements from the U.S., Canadian, and Mexican governments