Canada and Mexico Better Get Ready, As Tariffs Are Coming
Not long after he was elected, President Donald Trump announced that there would be tariffs against Canada and Mexico for their open borders, as well as China for the fentanyl crisis. They're indeed coming, on Saturday, as Trump shared with reporters from inside the Oval Office on Thursday.
"I'll be putting the tariff of 25 percent on Canada, and separately 25 percent on Mexico, and we will really have to do that, because we have very big deficits with those countries," he shared with reporters. It turns out that it may get worse from there. "Those tariffs may or may not rise with time," he continued.
As reporting from The Hill highlighted, Trump will also decide, "probably tonight," as to if there will be a tax on oil from Canada.
Trump also stressed, while speaking about trees, lumber, and oil, that "we don't need what they have."
https://townhall.com/tipsheet/rebeccadowns/2025/01/30/canada-and-mexico-better-get-ready-as-tariffs-are-coming-n2651428