President Trump has reinstated his tariffs on Canada, Mexico, and China under the International Emergency Economic Powers Act after temporarily suspending the tariffs last month during negotiations to secure the border and stop the flow of fentanyl.
However, the President told reporters on Monday that there is “no room left for Mexico or for Canada,” citing the “vast amounts of fentanyl” that has come into the U.S.
Trump: No room left for Mexico or for Canada. No, the tariffs, you know, they’re all set. They go into effect tomorrow… And just so you understand, vast amounts of fentanyl have poured into our country from from Mexico, and as you know, also from China, where it goes to Mexico and goes to Canada. And China also had an additional 10%, so it’s 10% plus 10%. And it comes in from Canada, and it comes in from Mexico. And that’s a very important thing to say.
Trump slapped the tariffs on the three countries under the International Emergency Economic Powers Act in February.
- 25% tariffs on all Mexico imports
- 25% tariffs on nearly all Canadian imports — 10% on Canadian energy resources
- 10% tariffs on all China imports
An additional ten percent tariff on China was imposed on Tuesday, bringing the total to 20%.
Hellbound and Down 