Loading...
Loading...
Browse all stories on DeepNewz
VisitTrump Plans 25% Tariff on Mexico, Canada and 10% on China to Address Fentanyl and Immigration
Dec 23, 2024, 11:00 AM
President-elect Donald Trump has announced plans to impose tariffs on Mexico, Canada, and China, targeting issues of illegal immigration and the opioid crisis. Trump intends to charge a 25% tariff on all products from Mexico and Canada until the flow of drugs, particularly fentanyl, and illegal immigration is curtailed. Additionally, he plans to impose an additional 10% tariff on Chinese products, citing insufficient action from Beijing against the flow of illicit drugs into the US. These measures are part of Trump's broader strategy to address economic and security concerns, which he highlighted during his election campaign.
View original story
Markets
No • 50%
Yes • 50%
Official announcement or publication by the US government or trade authority
No • 50%
Yes • 50%
Official announcement or publication by the US government or trade authority
Yes • 50%
No • 50%
Official announcement or publication by the US government or trade authority
No significant response • 25%
Other • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
Official statements or actions taken by the Canadian government
No significant response • 25%
Retaliatory tariffs • 25%
Other • 25%
Diplomatic negotiations • 25%
Official statements or actions taken by the Chinese government
Other • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No significant response • 25%
Official statements or actions taken by the Mexican government