Trump Pledges New Tariffs on China, Mexico, and Canada

President-elect Donald Trump announced plans to impose an additional 10% tariff on all Chinese goods and 25% tariffs on products from Mexico and Canada, citing issues like illegal immigration and drug trade, particularly Fentanyl. These tariffs would effectively end the regional free trade agreement with Canada and Mexico. Trump's decision comes amid concerns over drug trafficking, with Fentanyl largely produced in China and Mexico. The move is expected to prompt China to implement economic countermeasures.