Donald Trump says he will sign an executive order imposing a 25 per cent tariff on all products arriving in the United States from Canada and Mexico.
The president-elect posted to Truth Social on Monday that the duties will be among his actions on his first day back in the White House on Jan. 20 —Inauguration Day.
Trump’s announcement of the tariff plan described border security concerns with the two countries.
“As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before,” the Republican posted.
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Trump said the tariff will remain in place until both countries stop drugs, in particular fentanyl, and people from illegally crossing the borders. He said until those issues are solved Canada and Mexico will “pay a very big price!”
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