On Monday President-elect of the United States, Donald Trump threatened to impose a wide range of new tariffs on Mexico, Canada, and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs.
As one of his first executive orders, he said he would impose a 25% tax on all products entering the country from Canada and Mexico and an additional 10% tariff on goods from China.
According to research, if tariffs are implemented, American consumers could experience a rise in prices on everything from gas to automobiles to agricultural products.
Take Note, The U.S. is the largest importer of goods in the world, with Mexico, China, and Canada as its top three suppliers,
“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” he wrote, complaining that “thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before,” even though violent crime is down from pandemic highs.
As stated on his Truth Social site in a pair of posts.
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