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    MarketForces Africa » Foreign » Trump Says Will Impose Tariffs on China, Mexico, Canada

    Trump Says Will Impose Tariffs on China, Mexico, Canada

    Marketforces AfricaBy Marketforces AfricaNovember 26, 2024Updated:November 26, 2024 Foreign No Comments2 Mins Read
    Trump Says Will Impose Tariffs on China, Mexico, Canada
    Donald Trump,US President Elect
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    Trump Says Will Impose Tariffs on China, Mexico, Canada

    U.S. President-elect Donald Trump on Monday said that, once he returns to the White House, he will impose high import tariffs on all goods from Mexico and Canada as well as additional tariffs on Chinese imports.

    Trump said on Truth Social, the social media platform he co-founded, that he would sign an executive order to that effect on his first day in office.

    “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25 per cent Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump said.

    He added that the tariff would remain in place “until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!”

    “Both Mexico and Canada have the absolute right and power to easily solve this long-simmering problem,” Trump said.

    “We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price!”

    The president-elect also said that additional tariffs of 10 per cent are to apply to goods from China until drugs stop “pouring into our Country, mostly through Mexico.”

    “I have had many talks with China about the massive amounts of drugs, in particular Fentanyl, being sent into the United States – But to no avail,” Trump said.

    “Representatives of China told me that they would institute their maximum penalty that of death, for any drug dealers caught doing this but, unfortunately, they never followed through, and drugs are pouring into our Country, mostly through Mexico, at levels never seen before.”#Trump Says Will Impose Tariffs on China, Mexico, Canada#

    Nigeria Treasury Bills Yield Dips 5bps to 24.2%

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