Trump Considers 25% Tariffs on Canada and Mexico Effective February 1, 10% on China if No TikTok Deal
Jan 27, 2025, 02:02 AM
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.
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No • 50%
Yes • 50%
TikTok banned in the U.S. • 25%
TikTok sold to a U.S. company • 25%
TikTok remains operational with conditions • 25%
Other outcome • 25%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Other outcome • 25%
TikTok remains operational with no changes • 25%
TikTok divests U.S. operations • 25%
TikTok banned in the U.S. • 25%
No Deal Reached • 25%
50-50 Joint Ownership • 25%
Majority U.S. Ownership • 25%
Majority Chinese Ownership • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
10% • 25%
100% • 25%
50% • 25%
25% • 25%
No change • 25%
Tariffs imposed • 25%
Tariffs delayed • 25%
Tariffs reduced • 25%