President Donald Trump 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. The tariffs on Canadian goods are expected to take effect on or after 12:01 a.m. ET on Tuesday. There is no official metric on when the tariffs would be lifted. Tariffs would escalate if the countries retaliate in any way against the U.S. Trump has long favored tariffs as a tool to negotiate demands from U.S. trading partners, including longstanding allies. U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | Reuters
U.S. President Donald Trump is pushing ahead with long-threatened import tariffs on goods from Canada, Mexico and China.
On Saturday, Trump signed an order imposing 25% tariffs on imports from Mexico and Canada, as well as a 10% duty on China. Energy resources from Canada will be hit with a lower 10% tariff to