White House Announces Tariffs on Canada, China and Mexico – Erie News Now [Video]

White House press secretary Karoline Leavitt confirmed that starting on Saturday, February 1, the United States will be implementing 25% tariffs on Canada and Mexico, as well as a 10% duty on China.

Dr. Kenneth Louie, Director of Economic Research Institute of Erie at Penn State Behrend, said with this move, he believes there will be some reciprocal tariffs coming the United States’ way from our country’s three largest trading partners.

He also pointed out that the challenge President Trump is now facing is balancing the cost to the American consumer, while also trying to shore up American industry and the American economy.