Heads of industry and corporate leaders are weighing in on the Trump administration’s tariffs on imported goods from Canada, Mexico and China. The Trump administration confirmed on Saturday the president is imposing 25% tariffs on imports from Mexico and Canada, as well as a 10% duty on China. Energy resources from Canada will have a lower 10% tariff. Company heads have previously made comments warning that tariffs proposed by Trump could increase prices for consumers. Aerial view of trucks queueing next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images
Industry and corporate leaders are weighing in after U.S. President Donald Trump followed through with his threat to impose tariffs on Canada, Mexico and China.
On Saturday, the Trump administration’s senior trade and manufacturing adviser Peter Navarro confirmed the president will follow through on 25% tariffs on imports from Mexico and Canada, as well as a 10% duty on China. Energy resources from Canada